Category Archive: Cryptocurrency, No picture
SEC charges Galois Capital for FTX-linked custody violations
Key Takeaways Galois Capital failed to use a qualified custodian for crypto assets, violating the Custody Rule. The firm misled investors about redemption policies, favoring some over others. Share this article The US Securities and Exchange Commission (SEC) has charged Galois Capital Management, a former registered investment adviser, with violations of the Investment Advisers Act. […]
Analysts weigh in: will Bitcoin’s September slump repeat this year?
Key Takeaways Bitcoin historically faces volatility in September, with an average 7% drawdown. Potential Fed rate cut adds complexity to Bitcoin’s September performance forecast. Share this article September is a traditionally volatile month for Bitcoin (BTC) that usually results in monthly losses, according to analysts. The projection is that BTC could fall to $55,000 if […]
Aave and Sky forge alliance to turbocharge the DeFi ecosystem
Key Takeaways Aave and Sky partner to integrate new tokens USDS and sUSDS into Aave platform. Collaboration aims to boost USDS adoption and increase Aave’s total value locked. Share this article Decentralized applications Aave and Sky have announced a joint effort to take the decentralized finance (DeFi) ecosystem to the traditional finance realm.Named Sky Aave […]
Nexo resumes onboarding of UK clients with full FCA compliance
Key Takeaways Nexo resumes UK client registrations with updated compliance measures. The company recognizes the importance of educating clients about the regulatory framework and aims to provide tailored educational resources to help clients make informed decisions. Share this article Nexo, a leading digital asset service provider, has resumed accepting new client registrations in the United […]
Reddit user proposes Zero-KYC mechanism to counter P2P crypto scams
Key Takeaways ZKAM-FMT aims to secure P2P crypto transactions without KYC. Implementation challenges include integration with banking websites. Share this article A Reddit user has introduced a novel proposal to enhance security in peer-to-peer (P2P) crypto markets without relying on traditional Know Your Customer (KYC) processes. The “Zero-KYC Assurance Mechanism for Fiduciary Money Transfer” (ZKAM-FMT) […]
Qatar Financial Centre unveils new ‘blueprint’ for crypto regulation
Key Takeaways Qatar’s new digital assets framework covers tokenization and smart contracts. Over 20 startups have joined the QFC Digital Assets Lab for crypto product development. Share this article The Qatar Financial Centre (QFC) has released a comprehensive regulatory framework for digital assets, establishing clear rules for crypto activities in the region. The “QFC Digital […]
RDNT token jumps 20% following Radiant Capital’s new liquidity plan
Key Takeaways Radiant Capital’s proposal RFP-44 aims to optimize RDNT token emission and cross-chain liquidity. The proposal includes a weekly rebalance and a 24-hour grace period for RDNT holders. Share this article Radiant Capital’s RDNT token experienced a 20% increase following the introduction of a proposal aimed at optimizing the emission schedule and enhancing cross-chain […]
TON blockchain surpasses 1 billion transactions
Key Takeaways TON recorded over 1 billion transactions, half of which occurred in the last three months. The DOGS memecoin airdrop significantly increased TON’s daily transactions and user activity. Share this article The Open Network (TON), the blockchain associated with Telegram, has surpassed 1 billion total transactions according to data from TON Scan. This milestone […]
Cardano’s Chang hard fork set to launch tomorrow — Here’s what you should expect
Key Takeaways The first phase of the Chang hard fork will introduce a temporary governance structure to guide Cardano’s transition. Cardano aims to increase transaction throughput to over 1,000 TPS with the new upgrade. Share this article The Chang hard fork, Cardano’s much-anticipated upgrade, is set to roll out by the end of this week […]
Justin Sun presents keynote speech at WebX 2024, TRON DAO featured as title sponsor
Share this article Geneva, Switzerland, August 30, 2024 – WebX 2024, a global Web3 conference organized by CoinPost, welcomed TRON DAO as a Title Sponsor and welcomed its visionary founder, Justin Sun, as a keynote speaker. Additionally, TRON DAO played a key role as a Platinum Sponsor at OKJ Night and a sponsor at the […]
