KuCoin Settles $22 Million Lawsuit with New York, Announces Exit from State || Curated CoinCodeCap #12 December 2023
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:
KuCoin will pay $22 million and end access for users in New York as part of a settlement.
KuCoin is set to reimburse New York customers with $16.77 million and pay an additional $5.3 million to the State of New York’s Attorney General. Keep Reading »
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El Salvador’s Bitcoin Bond Secures Regulatory Nod, Aims for Q1 Launch
The much-awaited “Volcano Bonds” from El Salvador are apparently set to debut in early 2024 after receiving regulatory approval.
The bond will be issued on the Bitfinex Securities Platform, an El Salvador-registered trading platform for blockchain-based stocks and bonds. Keep Reading »
Japan’s SBI Eyes Partnership with Saudi Aramco for Digital Asset Investment
Saudi Aramco and SBI Holdings of Japan are contemplating collaborating on initiatives related to semiconductor manufacturing and digital asset investing.
They might locate firms in the Japanese digital asset space that are interested in growing to Saudi Arabia and starting semiconductor manufacturing operations there. Keep Reading »
Justin Sun’s HTX Faces Massive $250M Outflow Post Hack– Risk of Another Collapse?
Justin Sun led HTX faces a multimillion-dollar net outflow post-resuming operations following a major attack last month
HTX observes a $258 million net outflow post-hack Keep Reading »
South Korea Exempted NFTs and CBDCs from Crypto Interest Mandate
Investors in digital assets must get interest when depositing their cash into an exchange by July 2024, according to a notification released by the FSC.
The South Korean regulator not only classified virtual assets but also established how to manage customer deposits for virtual asset providers. Keep Reading »
Venus Protocol To Recover $270,000 Following Price Oracle Glitch
Twitter users pointed out an exploited isolated pool on Venus Protocol for liquid-staked BNB.
A short-term price discrepancy occurred with the Binance Oracle responsible for price feeds in an isolated pool. Keep Reading »
Sam Bankman-Fried’s Appeal for Release Denied by Appeals Court
SBF will remain behind bars after his legal team was unable to persuade an appeals court in the US to grant him release while he challenges his conviction.
The New York court disregarded his claim that he was exercising First Amendment-protected free speech. Keep Reading »
Tax Season incoming? Don’t worry we got you covered! 😃
10 Best FREE Crypto Tax Software in 2023
Whether you’re a beginner in crypto trading or have been in the space for a while, you’ll need to pay taxes. As regulations are kicking in, you must calculate crypto taxes correctly. Crypto tax software allows you to calculate profit and loss from your crypto trading and take deductions on expenses. Therefore, this article lists some best crypto tax software, their top features, and some key statistics. Keep Reading »
WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your professional and personal development by introducing you to new ideas and exciting job opportunities. Join us in accepting both what is occurring and what is conceivable. Keep Reading »
Market Updates
Ethereum set for Upward Rally!
Ethereum is the biggest cryptocurrency by market value if we exclude Bitcoin and its also the most used platform for decentralized applications (DApps) and smart contracts. Keep Reading »
GRT eyeing Huge Breakout: Don’t Miss Out!
The Graph is eyeing a good breakout in the charts. GRT helps in facilitating web 3.0 by enabling data access and queries. Keep Reading »
Bitcoin Analysis: More High levels coming!
Bitcoin (BTC) has been on a great surge lately! It is galloping towards greater levels and higher price charts. Keep Reading »
OP Crypto: Going Long!
Optimism (OP) is a layer-two scaling solution for Ethereum that uses optimistic rollups to improve speed, scalability and cost-efficiency. OP is the governance token of the Optimism network and is used to pay for transaction fees and participate in decision-making processes.Keep Reading »
Top 3 DeFi Crypto Tokens to Buy
DeFi, or decentralized finance, is a fast-growing sector of the cryptocurrency industry that aims to provide various financial services without intermediaries or centralized control. DeFi applications are built on smart contracts that run on blockchains, such as Ethereum, and offer users access to lending, borrowing, trading, investing, and more. Keep Reading »
Best 3 Meme Coins to Buy in 2023
Meme coins are cryptocurrencies that are inspired by internet memes, jokes, or pop culture references. They often have a loyal fan base and a strong community spirit. Some of them also offer utility and innovation beyond the memes.
Here are the best 3 meme coins to buy in 2023, based on their price performance, market potential, and future prospects. Keep Reading »
Top 5 Gaming Cryptos to Buy Now for Thrilling Returns
In the ever-evolving landscape of cryptocurrencies, gaming cryptos have emerged as a captivating investment avenue. These digital assets hold immense potential, as they combine the lucrative world of cryptocurrencies with the booming gaming industry.
If you’re looking to diversify your portfolio and capitalize on this exciting trend, here are the top 5 gaming cryptos to consider investing in right now. Keep Reading »
3 Main Reasons Why You Should Use An Automated Cryptocurrency Trading Bot
A crypto trading bot automatically executes orders without your manual intervention. With the trading process being fully automated, there is no need for constant monitoring of the cryptocurrency market. A trading bot will enter and exit the trades whenever certain circumstances and conditions are met. Furthermore, an automated bot works around the clock and helps you to earn profits even while you are asleep. Keep Reading »
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