Category Archive: Cryptocurrency, No picture
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 […]
Polymarket’s presence overshadows BET despite strong debut
Key Takeaways BET reached $20 million daily volume but Polymarket maintains market dominance. Crypto prediction markets saw 740% volume growth and 1,500% user growth in 2024. Share this article Solana-based prediction market BET surpassed $20 million in daily volume on Aug. 29 but failed to sustain the volume spike the following day. Meanwhile, Polymarket is […]
Blockchain payments are already cutting costs and streamlining settlements – Binance Research
Key Takeaways Blockchain-based remittances settle within an hour, outperforming traditional methods. Solana processes about 1,000 TPS, while Visa has a capacity of over 65,000 TPS. Share this article Blockchain technology is revolutionizing the payments industry with near-instantaneous settlement times and significantly lower costs compared to traditional systems. According to a recent report by Binance Research, […]
Caitlin Long’s Custodia Bank slashes workforce under crypto regulatory strain
Key Takeaways Custodia Bank has laid off nine employees due to financial pressures and ongoing legal battles. The bank’s challenges are exacerbated by the Biden administration’s strict regulations on the crypto industry. Share this article Custodia Bank, a crypto-friendly bank founded by Wall Street veteran Caitlin Long, has scaled its workforce down from 36 to […]
