Cardano founder Hoskinson pleads for Clear Boundaries in Crypto Regulation to US congress | Curated CoinCodeCap #24 June 2022
Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
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Cardano founder Hoskinson pleads for Clear Boundaries in Crypto Regulation to US congress
Cardano co-founder Charles Hoskinson testified in front of the US Congress, seeking more clearer crypto regulations. While pitching to the US Congress, the Cardano founder suggested that the crypto industry should create a “self-certification system” that could automatically monitor compliance until an anomaly is encountered, at which point a financial authority can review it. Keep Reading »
Klaytn partners with OpenSea to drive growth in Asian NFT ecosystem
Metaverse blockchain ecosystem, Klaytn Foundation, has joined hands with OpenSea- the leading marketplace for NFTs, to spur growth in the Asian NFT ecosystem.Under this Partnership, NFT conference and ecosystem development initiatives will be carried out. Keep Reading »
Coinbase Will Now Track Off-Exchange Transactions From Dutch Customers
The volatility of the crypto market is rising, and therefore, regulators are keeping a strict eye on the crypto exchanges to protect users from potential risks. Recently, Uphold withdrew its operations in Venezuela due to complexities arising from complying with US sanctions. Similarly, the Korean authorities are still investigating the suspicious fall of Terra while monitoring the digital assets market. Keep Reading »
CoinFLEX suspends withdrawals, cites “Extreme Market Conditions”
Crypto exchange CoinFLEX is the latest in the list of firms suspending withdrawals recently. CoinFLEX cited “extreme market conditions last week and continued uncertainty involving a counterparty” as a reason for pausing all withdrawals. Keep Reading »
Uphold Announced Exiting Venezuela, Cites Complexity of Complying with US Sanctions
With Binance considering a re-entry into the Korean market, another cryptocurrency trading platform that also offers digital asset debit cards, Uphold has announced its decision to close its operations in Venezuela. The company has cited “the increasing complexity of complying with U.S. sanctions” as the reason. Keep Reading »
CoinCodeCap’s Weekly Issue #10
Since the fall of Terra, the crypto market has been having a hard time regaining its balance. The suspicious downfall of the Korean currency dragged its founder into a series of legal events. But Terra is not the only shady one here. MIM, with the name itself being Magin Internet Money, maybe be nearly insolvent, signifying another major stablecoin with over $300 Million Market cap can follow the path of Terra’s UST. I don’t know what everyone thought by working on their own algorithmic stablecoins. However, the present system of maintaining the peg of a stablecoin is not worth the retail losses happening. Keep Reading »
Market Updates
DOGE Price Analysis June 2022
Dogecoin is a recently discussed cryptocurrency in the highly volatile crypto market. DOGE is a token of the platform Dogecoin. Its current price is around $0.06373 by the time of writing, with a low of $0.04972, and has a market cap of 8.4 billion dollars. Keep Reading »
BNB Price Analysis June 2022
BNB is a coin of the platform Binance. Its current price is around $227.48 by the time of writing, with a low of $184.54, and its market cap is 37.1 billion dollars. Crypto-collectables are becoming a thing, and football player Cristiano Ronaldo partnered up with Binance to be the endorser for the new NFT venture. Keep Reading »
AVAX Price Analysis June 2022
AVAX is a coin of the platform Avalanche. Its current price is around $16.37 by the time of writing, with a low of $9.34, and has a market cap of 4.6 billion dollars. The cryptocurrency AVAX fell 45% in 30 days, and the total market capitalization for all cryptocurrencies shrank by 29% in the same time. Keep Reading »
UNI Price Analysis June 2022
UNI is a token of the platform Uniswap. Its current price is around $5.08 by the time of writing, with a low of $3.37, and has a market cap of 3.6 billion dollars. Uniswap Labs said they had acquired the NFT marketplace aggregator Genie Tuesday to improve their support of non-fungible tokens. Keep Reading »
Crypto to Look Out for this Week: BTC, ETH, BSV, ICX, NEO
The price of cryptocurrencies has dropped by 60% in the last few months. This has made it hard to deny that we are in a bear market. The prices for smaller assets such as ZCash also decreased by over 80%, and other significant drops were noted across the board. Keep Reading »
Top 3 Metaverse Crypto to Look Out for in June 2022: ONT, APE, MANA
ONT is the cryptocurrency of Ontology, a distributed ledger technology that uses consensus protocols and verifiable rules to ensure security & integrity. The price of Ontology will most likely increase in the future and is expected to be a good investment. ONT is built on the Ontology Blockchain. It is a high-speed, low-cost public chain that provides decentralized identity and data solutions to other chains in Web3. Keep Reading »
Crypto Gambling Coins to Look Out for This Week
Crypto gambling has exploded in recent years as more and more people around the world are continuing to take advantage of the many benefits that can be enjoyed when virtual currency is used. Keep Reading »
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