Dubai’s VARA becomes first Government Authority Debut in Metaverse | Curated CoinCodeCap #6 May 2022
Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
Our Blockshots Podcast 🎙️🎤
This week we speak to Rahul S., the CTO of Connext network, a protocol building primitives for blockchain interoperability. We discuss cross-chain bridges, multi-chain dapps, and the UX challenges of current bridging solutions.
BitMEX Co-Founders to Pay $30 Million in Fines
A New York court has imposed a consent order against the three co-founders of crypto derivatives exchange BitMEX, Arthur Hayes, Benjamin Delo, and Samuel Reed, according to the Commodity Futures Trading Commission (CFTC). Keep Reading »
The Swiss Regulator has Permitted Dukascopy to Provide Crypto Custody Services
Dukascopy Bank is a Swiss online bank that offers trading, banking, and financial services via online and mobile platforms. With nearly 300 workers, it is headquartered in Geneva, Switzerland, and has offices in Riga, Kyiv, Moscow, Kuala Lumpur, Hong Kong, Shanghai, Dubai, and Tokyo. Keep Reading »
OpenSea Discord Hacked
The hacker’s initial post, which was posted on the announcements channel, claimed that OpenSea had partnered with YouTube to bring their community into the NFT Space. Keep Reading »
SEC approves Bitcoin Futures ETF from Valkyrie, Spot BTC ETFs gets denied
The United States Securities and Exchange Commission (known widely as SEC) has approved a futures exchange-traded fund (EFT) application from Valkyrie. The application was filed under the Securities Exchange Act of 1934 law, using a 19b-4 form. Keep Reading »
The BCRA Discourages the Offer of Crypto Assets Through the Financial System
Recently Argentina has been taking small steps toward embracing digital currencies. On April 26, the capital of the country, Buenos Aires announced that its citizens will now be able to pay taxes in cryptocurrency from onwards. Soon after, on May 2, the largest private bank in the country, Banco Galicia announced that it will now enable its users to purchase and trade Bitcoin. Brubank, a domestic digital bank, also followed the footsteps of Galicia this week. Keep Reading »
S.Korea’s Incoming Administration Pushes to end ICO drought
The users of digital currencies are always subject to high risks such as scams, frauds, and rug pulls. Therefore, to protect the consumers from illicit activities the regulators have been taking precautions. For similar reasons, in September 2017, South Korea banned ICO or Initial Coin Offerings. The national news agency of Yonhap reported that the money raised through ICOs was going in an “unproductive and speculative direction”, thus leading to the ban. Keep Reading »
Luna Foundation acquires $1.5 billion worth of BTC, Surpasses Tesla As Second Largest Corporate Holder Of Bitcoin
Luna Foundation Guard, the non-profit organization credited for creating Terra’s UST, has acquired $1.5 billion of BTC, surpassing Tesla to earn the spot of the second-largest corporate holder of BTC, valued at over USD 3 billion. Keep Reading »
Elizabeth Warren Expresses concern about Fidelity’s plan to offer Bitcoin in 401(k)s
Sens. Elizabeth Warren of Massachusetts, along with Tina Smith of Minnesota wrote a joint letter addressed to Fidelity’s Chief Executive Abigail Johnson, raising questions over the company’s plan to let investors put bitcoin in their 401(k)s. Both of them, in their open letter, described crypto investments as a “risky and speculative gamble.” Keep Reading »
Is JustApe a Scam Project?
We will recommend our readers to be careful and perform their own research before investing in it. As crypto scams are increasing nowadays, our readers should stay alert. Here are some latest Scam Projects our readers should know about; Keep Reading »
LooksRare NFT Phishing Scam Detected
So we want to advise our readers that many scammers are out there in full force. So users should always be highly suspicious when connecting their wallet to a website, and they should never type their seed phrase. Keep Reading »
Tron Soars Ahead Of USDD Stablecoin Launch surpassing 100 million
On Thursday, decentralised USD (USDD), an algorithmic stablecoin was issued by Tron, the blockchain founded by entrepreneur Justin Sun in 2017 to compete with Ethereum. Keep Reading »
Market Updates
NEXO Price Analysis May 2022
NEXO is a token of the platform Nexo. Its current price is around $2.52 by writing, with a low of $1.05, and has a market cap of 1.4 billion dollars. Keep Reading »
ZRX Price Analysis April 2022
ZRX is a token of platform 0x. Its current price is around $0.8124 by writing, with a low of $0.4514, and has a market cap of 688 million dollars. Keep Reading »
KNC Price Analysis April 2022
KNC is a token of the platform Kyber Network. Its current price is around $4.60 by writing, with a low of $1.17, and it has a market cap of 818 million dollars. Keep Reading »
SHIB Price Analysis April 2022
SHIB is a token of the Shiba Inu platform. Based on the writing, its current price is around $0.00002573, with the lowest point being $0.00000026, and it has a total market cap of 14.1 billion dollars. Keep Reading »
Crypto to look out for this week: BTC, ETH, GMT, TRX, HT
This week, the crypto market is looking up with more coins showing green than red. This week, the crypto market is expected to see a lot of volatility. We will take a look at some of the cryptos that are worth keeping an eye on this week. Keep Reading »
Top 3 Crypto to Look Out in May 2022: APE, LUNA, XRP
The crypto market is at a very interesting point right now. With the recent developments and the news, it is hard to predict which coins will be on top in May. However, there are some other promising coins that we should look out for in May. Keep Reading »
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