CFTC Greenlights Revolutionary Margined Crypto Futures Trading with Cboe Clear Digital
Cboe Global Markets has been granted permission by the Commodity Futures Trading Commission (CFTC) for its digital subsidiary, Cboe Clear Digital, LLC, for digital assets with margins. This approval allows Cboe Clear to provide clearing services for margin digital asset futures to futures commission merchants. Obtaining this approval is a significant achievement for Cboe Global Markets, as it has been …
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FSMA Issues Urgent Warning to Stay Away from These 38 Unlicensed Crypto Platforms!
The FSMA in Belgium has issued a warning about 38 unlicensed online trading platforms that are using deceptive ads on social media to entice users with the prospect of fast riches. The public is advised to be vigilant and avoid these fraudulent platforms to prevent becoming victims of their schemes. The FSMA Warnings For a while now, the FSMA has …
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Cardano Transaction Fees Soar to New Heights in August 2022
According to Messari data, Cardano, the third-largest smart contract platform by market capitalization, has experienced a significant increase in transaction fees. On May 28, the Cardano network recorded a remarkable surge in transaction fees, reaching a record high of $15.2K, the highest since Aug. 11, 2022. This indicates a surge in network activity and demand. Cardano Reaching New Heights Ethereum, …
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OpenAI’s $175M Fund Paves the Way for an AI-Crypto Financial Revolution
OpenAI has announced the closure of a $175 million investment fund, which may spark a financial revolution in the AI-Crypto industry. This fund marks a noteworthy milestone in the progress of financial technology and has the power to significantly impact the development of both AI and cryptocurrency. About Open AI In 2015, a set of tech experts, including Elon Musk …
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Visa’s Paymaster Smart Contract Goes Live on Ethereum Testnet
Visa, the global leader in payments solution, has introduced its first paymaster smart contract on the Ethereum Goerli testnet. Cuy Sheffield, Visa’s Head of Crypto, announced this development on Twitter, stating the company’s eagerness to continue investigating and exploring account abstraction and ERC-4337. All about Paymaster This smart contract named Paymaster, operates as a patron for transaction fees of contract …
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$200M Crypto Ransomware Attack on US Infrastructure Leads to Russian Hacker’s Arrest
The US Department of Justice has pressed charges against a Russian national named Mikhail Pavlovich Matveev for executing a crypto ransomware plan that targeted the infrastructure of the United States. According to the indictment obtained from the District of New Jersey, Matveev, who used the online alias Wazawaka, participated in three distinct ransomware organizations that collectively demanded $400 million in …
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Terraform Labs Shocks Market by Moving Millions in Tokens Following Terra-LUNA Crisis
On Tuesday, Terraform Labs, co-founded by Do Kwon and Daniel Shin, transferred millions worth of Convex Finance (CVX) tokens to a different wallet. This relocation occurred around one year after the crisis of Terra-LUNA, which led to a $40 billion loss for investors and brought about more stringent regulations in the realm of digital currency. CVX Token Movement Terraform Labs, …
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BRICS Nations Unite to Ditch Dollar: Major Integration of National Payment Systems Underway
According to reports, India and Russia, two of the most powerful members of the BRICS group, are currently in talks to merge their payment systems. The motivation behind this move is a mutual desire to overcome the financial limitations affecting Moscow. The Economic Times has stated that S Jaishankar, India’s External Affairs Minister, and Denis Manturov, Russia’s Deputy Prime Minister, …
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CMCC Global has Launched a $100 Million Blockchain Fund with a Focus on Asia
CMCC Global, based in Hong Kong, has taken a bold step forward in the ever-evolving blockchain realm. The venture capital firm has sponsored a 100 million dollar fund especially tailored to Asia in an effort to secure groundbreaking projects and get behind the startups that are coming up with game-changing solutions for the crypto space. With an influx of venture …
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Tesla’s Q1 2023 Report: Maintains $321 Million in Bitcoin Holdings, Achieves $2.5 Billion Net Profit
In Q1 2023, Tesla, a well-known automotive company under the ownership of Elon Musk, announced a net profit of $2.5 billion. Additionally, the company revealed that it had maintained its Bitcoin investments valued at $321 million during the same period. This news may come as a surprise to some, as Tesla had previously sold off some of its Bitcoin holdings …
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