UAE Authority Begins License Applications for VASPs to Ensure User Protection | Curated CoinCodeCap #18 April 2023
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UAE Authority Begins License Applications for VASPs to Ensure User Protection
The UAE’s financial body announced that it would start considering license requests from businesses that offer services related to virtual assets.
According to the SCA, all VASPs doing business in the UAE are required to apply for a license. Keep Reading »
Unidentified exploit drains $10.5 million in NFTs across 11 blockchains, reports Metamask Developer
Tyler Monahan notes that the exploit had taken over $10.5 million worth of NFTs/coins from experienced crypto community members who were “reasonably secure”.
The exploit targeted keys that were created from 2014 to 2022 and focused on those who were more “crypto native” Keep Reading »
Crypto Derivates firm Bitget partners with CoreDAO to launch $200 Mln ecosystem fund
The fund aims to accelerate the development of DApps and protocols built on the Core layer-1 blockchain.
As per the press release, the partnership also includes the potential listing of Core projects as well as the opening of a new Core Trading Zone on Bitget along with its integrated BitKeep wallet. Keep Reading »
Babel Finance Secures 3-Month Creditor Protection Extension in Singapore
Troubled cryptocurrency lending company, Babel Finance, will have more time to repay creditors.
Babel Finance intends to use a new decentralized finance scheme to pay off its $800M debt. Keep Reading »
Paxful CEO confirms 88% accounts unfrozen
According to Ray Youssef, co-founder and CEO of Paxful, 88% of all frozen client accounts have been unfrozen.
Youssef stated that approximately 3% of total customer funds remained frozen Keep Reading »
Hackers exploit Uniswap security flaw for $25.2 million
A sandwich attack on Uniswap, a famous decentralised exchange, recently resulted in a massive theft of $25.2 million from eight different pools.
Attackers exploited a flaw in the Uniswap smart contract, enabling them to complete a number of Deals and ultimately withdraw money from the vulnerable pools. Keep Reading »
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Validator Strikes Back as Ethereum Bot Loses $20M in Cyber Attack
One of the blockchain’s validators attacked one of the main Ethereum MEV algorithms, which resulted in a loss of almost $20 million.
Since September 2022, this has been one of the largest MEV bot attacks that they have come across. Keep Reading »
NFT Market Analysis February 2023
Non-fungible tokens (NFTs) have exploded onto the scene in recent years, with a wide range of industries and individuals taking notice. From digital art and collectibles to music and even real estate, NFTs have disrupted traditional notions of ownership and value.
But with the market becoming increasingly crowded and prices soaring to dizzying heights, many are wondering whether this is just a passing fad or a sustainable trend.
In this article, we’ll take a closer look at the current state of the NFT market and explore the factors driving its growth and potential risks to be aware of. Keep Reading »
Market Updates
IMX Crypto – Ultimate Token Price Analysis
IMX is a good token that powers a scalable and secure platform for NFTs on Ethereum. IMX has a robust fundamental value proposition as it provides various benefits and utilities for its users, such as fee payment, staking, governance, and ecosystem development. IMX has a strong team of experienced developers, entrepreneurs, and advisors. IMX has a strong network effect and a growing community of users, developers, partners, and supporters. IMX has strong growth potential as it taps into the booming market of NFTs, which are expected to reach $470 billion by 2025. Keep Reading »
Loaded Lions: The Purr-fect and Amazing NFT Collection that is roaring
Loaded Lions are available for purchase on Crypto.com NFT marketplace, where you can browse the collection and bid on your favorite lions using CRO tokens. Using ETH or other cryptocurrencies, you can also trade your lions on secondary markets.
Loaded Lions are limited in supply and high in demand, so they sell out quickly and appreciate over time. As a result, owning a Loaded Lion is a way to own a piece of digital art history and join an exclusive club of like-minded individuals who share a passion for NFTs and crypto. Keep Reading »
Audio: Price Analysis of the decentralized Music Streaming Protocol
So, is there a better way to stream music that benefits all parties? Enter audio crypto, the native token of Audius, a decentralized music streaming protocol that aims to empower artists, fans, and node operators. This article will explore the origins, profitability, price analysis, and future of this crypto. Keep Reading »
REQ Crypto: The Coolest Way to Pay and Get Paid
Do you want to avoid paying high fees, waiting for ages, and dealing with shady intermediaries when you send or receive money? Do you wish there was a better way to pay and get paid that works with any currency or asset? If yes, you must check out this Crypto. Keep Reading »
Virtual Reality: The 3 Strong Cryptos in this blockchain space
Virtual reality (VR) creates dynamic and interactive simulations of natural or imagined spaces. VR has many applications, such as gaming, entertainment, education, health care, etc. VR also connects with the crypto space, as some projects use blockchain technology to create decentralized platforms that enable users to access, create, and trade VR content and assets. Here, we will delve into the top 3 cryptos in virtual reality space that have the most potential and popularity. Keep Reading »
Top 3 Gainers: How ASR, OG and LAZIO are scoring big in the crypto league
In this article, we have looked at three cryptocurrencies that are related to some of the most famous soccer clubs in the world: AS Roma (ASR), Olympique de Marseille (OG), and SS Lazio (LAZIO). These tokens are part of the Socios.com platform, which allows fans to interact with their favorite teams and players, vote on club decisions, access exclusive rewards, and more. Keep Reading »
Top 5 Crypto to Buy in 2023
The cryptocurrency market is one of the most volatile markets in the world, with a lot of uncertainty and risk.
However, it is still one of the best investment opportunities for long-term investors. Experts believe the crypto market will be worth around $200 trillion by 2030.
As of now, Bitcoin is only a fraction of this market, with more money likely to be in altcoins such as Ethereum. There are more than 20000 possible crypto assets to invest in today, and trying to find the best ones can be challenging. These are the top 5 cryptos to buy in 2023. Keep Reading »
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