Month: February 2023

Dapper Labs Ruling Dunks on Private Networks

Paul Paray

In particular, Marrero is concerned that Dapper Labs restricts the trading of Moments to the Flow blockchain, a network built by Dapper as a faster and cheaper alternative to Ethereum. While this raises questions about profits and transaction fees, the judge also argues that, on a technical level, “by privatizing the blockchain” Moments “purchasers must rely on Dapper Labs’s expertise and managerial efforts as well as its continued success and existence.” Writing in agreement with the plaintiffs, Marrero found this situation altogether different from “public blockchains, such as that underlying…

French National Assembly Votes for Tougher Registration Rules for Crypto Firms

Anthony B

France is hoping to set itself up as a crypto hub, and companies such as Binance and Bitstamp have already successfully registered with France’s Financial Markets Authority (AMF). Registration involves checks on governance and money laundering norms, and is mandatory for all those offering trading or custody services in the country. No firm has so far gained a license, a more burdensome procedure than registration of complying with financial norms. Author: Jack Schickler Source link

Top 5 universities to study blockchain in the UK

Guneet Kaur

Universities in the United Kingdom have started offering cutting-edge research programs, courses and practical experience in various aspects of blockchain technology, including cryptocurrencies, smart contracts, privacy, security and scalability. Students who graduate from these programs will be well-equipped with the knowledge and skills necessary to become leaders in the field of blockchain technology and drive innovation and adoption in various industries. Here are top five universities to study blockchain in the United Kingdom. University of Cambridge The University of Cambridge is a public research university located in Cambridge, and its…

Bitcoin BTC Price Stays Rooted Near $23.5K

Sam Reynolds

The largest cryptocurrency by market capitalization was recently trading at $23,481, roughly flat over the past 24 hours, but down from its highs a week ago over $25,000 – before surprisingly strong jobs and price data had markets increasingly contemplating the prospect of a 50 base point rate increase instead of 25 bps. Author: Sam Reynolds Source link

Robinhood subpoenaed by SEC over crypto listings and custody

Brayden Lindrea

Robinhood Markets has revealed thait had received an investigative subpoena from the United States Securities Exchange Commission (SEC) over its digital asset business’ crypto listings, custody and platform operations. In a 10-K filing, the brokerage said it received the investigative subpoena in December shortly after crypto exchange FTX filed for bankruptcy in November, and after “several other major cryptocurrency trading venues and lending platforms earlier in 2022,” including Three Arrows Capital, Voyager Digital Holdings and Celsius Network. The investigative subpoena was in relation to its cryptocurrency listings and custody services, which…

Artificial Intelligence Crypto Assets Continue to Surge, Accounting for $4 Billion in Market Value – Altcoins Bitcoin News

Jamie Redman

Following a brief downturn in mid-February 2023, artificial intelligence (AI) crypto assets have continued to see gains over the last 30 days. Currently, out of 74 listed AI-focused cryptocurrencies, the net value of all these tokens has risen to more than $4 billion, which accounts for 0.37% of the entire crypto economy’s value. Majority of Listed AI Cryptocurrencies See Positive Gains Over Last Month Artificial intelligence (AI) has been a dominant theme in 2023, resulting in a significant surge in the value of AI-focused tokens this year. Bitcoin.com News reported…

Crypto gateway Alchemy Pay scores license in Indonesia

Helen Partz

Alchemy Pay has obtained a license from the central bank of Indonesia to operate remittances and fund transfers in cooperation with local fintech firm Berkah Digital Pembayaran. Announcing the news on Feb. 27, Alchemy Pay noted that Bank Indonesia issued the licenses jointly to Alchemy Pay and Berkah Digital’s platform BDPay, enabling the firms to offer better payout methods and reduce associated operating costs. Fiat-to-crypto payment provider Alchemy Pay is expanding services in Asia by scoring new regulatory approval in Indonesia. Exciting news! #AlchemyPay and @mybdpay have jointly received license…

Voyager is selling crypto assets through Coinbase, suggests on-chain data

Arijit Sarkar

Voyager Digital, the centralized finance (CeFi) platform that filed for Chapter 11 bankruptcy in July 2022, is reportedly selling assets through the Coinbase crypto exchange. On-chain data suggest that Voyager received at least $100 million in USD Coin (USDC) in three days, starting Feb. 24. Since Valentine’s Day, Feb. 14, Voyager has sent crypto assets to Coinbase on an almost daily basis, alleges on-chain analyst Lookonchain. The investigation shows that Voyager transferred millions of dollars using a mixed bag of cryptocurrency tokens, including Ether (ETH), Shiba Inu (SHIB) and Chainlink…