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Cryptocurrency exchange Coinbase plans to delist unapproved stablecoins from its European branch by the end of the year in response to the upcoming MiCA regulations. US-based cryptocurrency exchange Coinbase says it plans to remove all non-compliant stablecoins from European exchanges by the end of this year in an effort to comply with the European Union’s new crypto regulations. Bloomberg reported. The crypto asset market framework, which came into effect in June for stablecoin issuers, requires companies to hold an e-money license in at least one European member state. Further regulatory guidelines for exchanges like Coinbase will go into effect from…
As part of its efforts to protect Poland’s cultural heritage, Pekao Bank, Poland’s second largest bank, launched the innovative project Archiv3. The initiative is partnering with blockchain platform Aleph Zero to digitize and tokenize important Polish works of art, preserving the code for future generations by storing it in a vault in the Arctic. That’s what I’m aiming for.This novel project shows how modern cryptographic techniques can intersect with traditional cultural preservation. Through the process of digitization and tokenization, physical assets such as art are linked to digital tokens on the blockchain, ensuring secure storage and ease of access while…
U.S. stock futures rose on Friday as investors digested key monthly jobs data that showed employment in the U.S. economy remained strong. The Middle East crisis and the resumption of work at U.S. ports also remained in the spotlight.S&P 500 futures (ES=F) rose 0.5%, and Dow Jones Industrial Average futures (YM=F) rose about 0.3%. Contracts in the tech-heavy Nasdaq 100 (NQ=F) rose 0.7%.September’s jobs report was much better than expected, as the U.S. economy added 254,000 jobs last month and the unemployment rate fell to 4.1%. Overall, the report showed that the labor market remains strong despite signs of cooling.…
Japanese blockchain in the BFSI marketto follow πππ«π€ππ πππππ’ πππ¬π ππππ«: 2023 ππ’π¬ππ¨π«π’πππ₯ ππππ«π¬: 2018-2023 π π¨π«ππππ¬π ππππ«π¬: 2024-2032 πππ«π€ππ ππ«π¨π°ππ‘ ππππ: ππ.ππ% (ππππ-ππππ)Japanese blockchain in the BFSI market is rapidly expanding, driven by the increasing adoption of secure, transparent and efficient financial transactions across the banking, insurance and financial services sectors. According to IMARC Group’s latest report, the market is expected to grow by ππππ π¨π ππ.ππ% ππ«π¨π¦ ππππ ππ¨ πππ π.: https://www.imarcgroup.com/japan-blockchain-in-bfsi-market/requestsampleπππ©ππ§ππ₯π¨ππ€ππ‘ππ’π§ ππ§ππ¬:The Japanese market is primarily driven by the growing demand for increased security and transparency in financial transactions. Along with this, increasing regulatory support and active government…
Certain actions by large investors, known informally as “whales”, can cause waves in the market. Recently, a Bitcoin whale made $100 million on Solana (SOL) as captured on social media. Whale mentioned his interest in investing in Lexus Finance (RXS), a new entrant to the DeFi market that competes with SOL. What remains to be seen is perhaps Whale’s most ambitious vision yet. Lexus Finance increases by 2,200%. This prediction has raised many eyebrows in the cryptocurrency enthusiast community. Bitcoin Whale Journey with Solana According to blockchain analytics platform Lookonchain, the Bitcoin whale has successfully executed a long-term strategy with…
The FBI is investigating a fraudulent cryptocurrency platform named ICHCoin that allegedly defrauded people across the United States out of millions of dollars. FBI Houston Assistant Special Agent in Charge Amanda Culver labeled ICHCoin a βschemeβ and a βscam,β highlighting growing concerns about cryptocurrency-related fraud. FBI investigation reveals approximately $30 million has been lost to ICHCoin in the US since December 2023 Culver reiterated the importance of recognizing red flags. This scam typically begins with someone contacting potential victims through fake social media profiles on platforms like Instagram or Facebook. They lure individuals with promises of lucrative crypto investments and…
The Dogecoin (DOGE) market was not left behind. Leaving the rest of the cryptocurrency ecosystem behind, OG memecoin has soared nearly 4% in the past 24 hours. DOGE traded from a low of $0.101 to a high of $0.108. After a slight pullback, the asset’s price was $0.1075 at the time of writing.Also read: A bold step for SWIFT: Launch of global digital asset trialDogecoin recent performance and network activitysauceThis price increase is related to network activity in the DOGE market. According to recent data shared by analysts, the Dogecoin network is βexperiencing significant growth.β Ali Martinez reports that new…
Market expert Bobby A argues that the notice of appeal from the US Securities and Exchange Commission (SEC) does not indicate an extended decline in XRP prices, as the macro chart remains bullish. XRP, the seventh largest cryptocurrency by market capitalization, saw a notable price correction following the SEC’s notice of appeal of the final ruling by Judge Annalisa Torres. Since the October 2 notification, XRP has fallen over 10%. However, experienced market analyst Bobby A. hinted that the reason many investors miss out on good market opportunities is because of their tendency to sell the news. The analyst claimed…
Ethereum price is struggling to gain momentum as the ETH/BTC pair underperforms and hits new lows, causing concern among analysts. Ethereum price is showing slight signs of recovery today, hovering around $2,375 at the time of writing. This represents an increase of 1.06% in the past 24 hours, while the cryptocurrency has seen a steep decline of 10.47% in the past week. Amid these fluctuations, significant underperformance of the ETH/BTC trading pair has been noted, attracting significant attention from market watchers. Decrease in performance of ETH/BTC pair In a recent analysis, MichaΓ«l van de Poppe, founder of MN Consultancy, pointed…
This week, S&P Global Ratings released a report on the crossover between AI and cryptocurrencies entitled βThe question is not if, but when.β With the launch of ChatGPT about two years ago, the topic of AI has become much more prominent than blockchain and crypto. But the intersection of the two is not new. Before delving into the report, it’s worth considering some examples of how the two technologies work together. Artificial intelligence requires machine learning, which also requires data. Therefore, some applications use cryptography to compensate the people and devices that generate the data. Since 2019, German manufacturer Bosch…