The French financial regulator Autorité des Marchés Financiers (AMF) has reportedly announced that the cryptocurrency exchange – Binance – must guarantee anti-money laundering compliance to set up a regional hub in Paris. Earlier this month, Changpeng Zhao – CEO of the trading venue – described the French capital as a “natural choice” for positioning headquarters. Binance Is Not Ready to Settle in France The largest digital asset exchange – Binance – has been on a mission to...
Read More »Muslims in Indonesia Have Been Asked Not to Trade Crypto
Not long ago, the national council of Islamic scholars stated that Muslims in Indonesia should not be permitted to trade crypto as it exposes investors to unnecessary risk and goes against Islamic law. From there, Indonesia’s Ulama Council announced a fatwa on bitcoin, which is classified as a “non-binding religious ruling.” Bitcoin has since been declared haram, or something that is forbidden. Indonesia Has Become a Crypto Hotspot KH Asrorun Niamm Sholeh – the council’s...
Read More »Manchester City Soccer Team Cuts Ties with Crypto Firm 3Key
Premier league soccer team Manchester City is cutting ties with 3Key, a cryptocurrency startup. Both enterprises had spent less than a week working together after the team declared the firm an “official regional partner in decentralized finance trading analysis.” Manchester City Says Goodbye to 3Key Reports suggest that Manchester City is concerned given that 3Key is lagging an online presence. This could ultimately be because the firm is classified as a “startup,” and...
Read More »Axie Infinity Plot of Land Sells for $2.3 Million Worth of ETH
The NFT market and metaverse have once again been thrown into a state of euphoria as a single plot of digital land on the most popular NFT game in the crypto space, Axie Infinity, sold for 550 ETH. $2.3M for Axie Infinity Plot The plot of land in question is one of the Genesis plots on Axie Infinity, which are considered to be extremely rare as there are just 220 of them in existence. Going by today’s ETH prices, that single piece of land would be worth a whopping $2.3...
Read More »Hillary Clinton Is Not a Bitcoin Fan
Hillary Clinton isn’t crazy about crypto. The failed presidential candidate and former Secretary of State under Obama believes that widespread adoption of crypto could have heavy repercussions on the world of traditional finance and “undermine traditional” currencies like the U.S. dollar. Hillary Clinton Is Not a BTC Believer In an interview, she comments: What looks like a very interesting and somewhat exotic effort to literally mine new coins in order to trade with...
Read More »LBank Exchange Will List ORBIT on November 29, 2021
INTERNET CITY, DUBAI, Nov. 26, 2021 – LBank Exchange, a global digital asset trading platform, will list ORBIT token on November 29, 2021. For all users of LBank Exchange, the ORBIT/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on November 29, 2021. Humankind has always been fascinated by the existence of moon, even after successfully landing and walking on it. As the very first project to develop a Cosmic Metaverse, First On The Moon starts...
Read More »Kevin O’Leary Invests in Crypto Only After Discussions With Regulators
The prominent TV personality – Kevin O’Leary – said he would not invest in cryptocurrencies before consulting with regulators first. To him, the space lacks clarity, and watchdogs are the ones to say “what is possible and what isn’t.” The celebrity investor added he is keen on the following blockchain projects: Solana (SOL), Polygon (MATIC), and Hedera (HBAR), hinting they could “win long term.” Not Like a ‘Crypto Cowboy’ Kevin O’Leary – also known as Mr. Wonderful as one of...
Read More »Bitcoin Price Analysis: After Friday’s Bloodbath, is the Selloff Over?
Just as Bitcoin started showing early positive developments of recovery, fear of a new variant of COVID-19 sent global stocks sharply lower, causing the crypto market to decline. Although the near-term price action looks bearish, the overall trend in fundamental and on-chain continues to remain strong, suggesting the bull market is likely to continue. Bitcoin has tested a critical uptrend support line around $54K, entering a very crucial technical zone of support. Chart by...
Read More »The Solana Network Is Greener Than Google: Report
Solana has emerged as a viable alternative to a host of blockchains. In fact, the network is not only efficient when it comes to conducting transactions but is also greener than web browsing giant Google, at least according to a recent report. At a time when the carbon footprint of Proof-of-Work (PoW) based assets has come under scanner, Solana’s latest Energy Use Report for November 2021 demonstrates a brand new trend taking shape that pushes towards a greener crypto...
Read More »WITTY is Building the DeFi Remittance Platform to Become the Crypto Gateway for Africa
WITTY is a fully indigenous African Blockchain FinTech Provider built on the Binance Smart Chain focused on developing Products & Services with the aim of creating a Value Chain in the Decentralized Finance Ecosystem [ DeFi ]. The Vision of WITTY is to play the major role in breaking the third world fence by leveraging Permissionless and Trustless Technologies. The Mission is to Onboard Africa into the Crypto space one step at a time. WITTY has identified a big...
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