Browsing:Blockchain

Binance to New Zealand
2 years ago 1 min read

Binance expands its operations to New Zealand

Building on earlier registrations in other countries, Binance’s expansion to New Zealand represents a potential turning point for the exchange. Following a successful registration with the country’s business ministry earlier this month, Binance has expanded its operations to New Zealand. Binance New Zealand will join other companies already using the name of the business, such as those in Australia, Italy, and most recently France. Ben Rose, the general manager, used to work for the island nation’s CodeHQ, a software development company. Despite the nation’s smaller domestic markets and lower population, the exchange and crypto infrastructure provider said the decision to

Sam Bankman-Fried (SBF)
2 years ago 1 min read

Leaked private messages show Sam Bankman-Fried (SBF) wants to support Elon Musk’s attempt to acquire Twitter

Elon Musk was informed by a Sam Bankman-Fried advisor that the crypto billionaire was considering purchasing Twitter and integrating blockchain technology into the social media network. Bankman-Fried is the founder and CEO of the cryptocurrency exchange FTX Trading Limited. A number of Musk’s private texts that were made public as a result of Twitter suing him after the SpaceX founder backed out of a US$44 billion deal to buy the social media giant provide an overview of the saga. Will MacAskill, a key advisor to Bankman-Fried, texted Musk about SBF’s interest in Twitter as Musk started purchasing Twitter shares and

The SEC is now required to produce documents from Hinman’s speech for the Ripple case
2 years ago 1 min read

Ripple wins clearly in SEC lawsuit

Judge Torres’ order for the SEC to turn up records from a 2018 speech by William Hinman, who was then the director of the SEC’s Corporate Finance Division, is a significant victory for Ripple Labs. This decision follows a protracted legal dispute that could determine the future of numerous cryptocurrencies. The SEC asked for clarification and a reversal of Judge Sarah Netburn’s earlier court decision that emails and drafts pertaining to a 2018 speech by the former Director were not covered by the due process privilege. Due Process Privilege is a concept that refers to private conversations that result in

42nd edition of largest tech show to welcome more than 5,000 companies to explore and experiment in a decentralised future of the internet and a sustainable global digital economy
2 years ago 13 mins read

GITEX GLOBAL 2022 gathers world’s leaders to challenge and collaborate in the Web 3.0 economy

42nd edition of the largest tech show to welcome more than 5,000 companies to explore and experiment in a decentralized future of the internet and a sustainable global digital economy GITEX sets to wow with the year’s biggest and most immersive metaverse experience across multiple sectors, from music, fashion, sports, to lifestyle, and business His Excellency Omar Al Olama: “My office has partnered with GITEX to ensure that we’re not just showcasing technology, but inventing and developing technology” UAE, September 29, 2022: Dubai will transform into the ultimate digital epicenter of the world next month, as the UAE hosts the

Optimisus Partners With NOWPayments To Expand Its Services
2 years ago 1 min read

Optimisus Partners With NOWPayments To Expand Its Services

It is with great pleasure to announce our strategic partnership with NOWPayments, a cryptocurrency payment gateway juggernaut, which allows businesses to accept BTC, ETH, XRP, and other digital assets. NOWPayments offers over 50 cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH). The platform also provides one of the lowest fees in the crypto space. Most importantly, NOWPayments provide the best-in-class account manager along with round-the-clock customer service support. With our hearts filled with joy, we are delighted to share that Optimisus will work hand-in-hand with NOWPayments to expand its crypto media services and leverage more and more trendy blockchain-based and crypto

Monaco Protocol Provides Foundation for Web3 Sports Betting Applications
2 years ago 4 mins read

Monaco Protocol Provides Foundation for Web3 Sports Betting Applications

EDINBURGH, Scotland, Aug. 24, 2022 /PRNewswire/ — The Monaco Protocol is set to become the world’s first decentralized sports betting protocol. Built on Solana, the Protocol will function as a global clearinghouse for sports betting and offer bettors fast, low-cost trades across a shared liquidity pool. The Protocol, which will be fully decentralized, open-sourced, and permissionless, allows third parties to build their own applications and innovate on top of the platform. The Protocol is now live on the Solana devnet and available for developers to build complementary products and tools. The BetDEX Exchange, the world’s first sports betting application built

The South Korean Tax Authority has reportedly seized 260 billion won (around $184.3 million) in cryptocurrency that belonged to tax evaders
2 years ago 1 min read

The South Korean Tax Authority seizes $184 million in crypto that belonged to tax evaders

The South Korean Tax Authority has reportedly seized 260 billion won (around $184.3 million) in cryptocurrency that belonged to tax evaders, local news site Yonhap News said on Thursday. However, the organization put a freeze on that sum from 2021 to 2022. According to information provided by Kin Sang Hoon, a member of the country’s parliament, the greatest sum ever seized from a single tax evader was $8.87 million. He claimed that the defendant owned cryptocurrency assets such as Ripple’s XRP and Bitcoin. It’s important to note that South Korea‘s implied rule requires cryptocurrency exchanges to give tax authorities information

GITEX GLOBAL 2022 takes over Dubai with record capacity, accelerating world’s digital economy
2 years ago 6 mins read

GITEX GLOBAL 2022 takes over Dubai with record capacity, accelerating world’s digital economy

42nd edition now the world’s largest tech and start-up show, hosting unrivalled growth in 26 halls, selling out three new halls across multi sector tech wonders Dubai will kick off GITEX 3.0 edition next month as it transports audience into the next digital universe Dubai, UAE, 21 September 2022: The global digital economy is in full velocity mode, embracing the return of the world’s largest, most inclusive tech and start-up event, which opens next month in Dubai with unrivalled record capacity, its continued expansion fuelling the installation of three additional sold-out halls at the Dubai World Trade Centre. GITEX GLOBAL

Former U.S. Treasury Secretary discusses what’s next for the Global Economy at UAE’s AIM Summit
2 years ago 3 mins read

Former U.S. Treasury Secretary discusses what’s next for the Global Economy at UAE’s AIM Summit

Economist Lawrence H. Summers has been the leading voice in the national debate on inflation. What are the risks ahead once inflation is tamed? Will slow-growth and secular stagnation re-emerge? Dubai UAE September 16th 2022: Lawrence H. Summers, the renowned American economist who served as the 71st United States Secretary of Treasury from 1999-2001 under Bill Clinton, as well as the Director of the National Economic Council from 2009 to 2010 under Barack Obama, will be offering his insights into the global economy and financial markets during the 13th edition of AIM Summit being held on the 21st and 22nd

Riyadh to host global fintech experts as the Kingdom ramps up to transform into a digital economy
2 years ago 3 mins read

Riyadh to host global fintech experts as the Kingdom ramps up to transform into a digital economy

Centered around Saudi Arabia’s national economic development strategy and Saudi Vision 2030, Trescon brings World Fintech Show to the Kingdom, which aims to connect global fintech innovators with enterprises, investors, policymakers, government authorities, and collaborators to redefine and re-energize financial services by adopting the most impactful technologies. Tuesday, September 13, 2022, Riyadh, Saudi Arabia: After successfully managing DIFC Fintech Week, one of the largest fintech events in the Middle East, Trescon will host its World Fintech Show taking place on 5 – 6 December 2022 at the Intercontinental Riyadh, Saudi Arabia. World Fintech Show is a thought-leadership-driven, business-focused event that

Magna Announces $15 Million Seed Round to Manage and Automate Token Distribution for Companies
2 years ago 4 mins read

Magna Announces $15 Million Seed Round to Manage and Automate Token Distribution for Companies

NEW YORK, Sept. 15, 2022 /PRNewswire/ — Magna, a New York-based token management platform, announced today it has raised $15.2 million in seed funding. The round was led by Tiger Global and Tusk Venture Partners with participation from Circle Ventures, Galaxy Digital, Asymmetric, Alchemy Ventures, Solana Ventures, Ava Labs, Polygon, Protocol Labs, Y Combinator Continuity, Blockchain Founders Fund, AV Blockchain Fund, Olive Tree Capital, ProtoFund, Plug and Play Ventures, Balaji Srinivasan, Ryan Selkis, and angels including senior executives from Anchorage, Fireblocks, TRM, Chainalysis, TokenSoft, Phantom, QuantStamp, and QuickNode, among other investors. In the last few years, there has been a

Paralell crypto Market
2 years ago 4 mins read

Parallel Launches First-Ever Web3 KYC/AML Compliance Solution

NEW YORK, Sept. 7, 2022 /PRNewswire/ — Parallel Markets, an identity infrastructure company, announces the launch of the Parallel Identity Token, the first-ever regulatorily compliant KYC/AML solution for Web3. The PID Token is a fully on-chain, non-transferable identity token that preserves the Web3 principles of decentralized anonymity while confirming critical aspects of a wallet owner’s identity. The PID Token never stores or displays any Personal Identifying Information (PII), but does contain the necessary information to assure market participants that their counterparties do not have a history of fraud and are not subject to sanctions. The PID Token is supported by