Cointelegraph By Jesse Coghlan
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DeFi platform sees strong interest in halal-approved crypto products
Cointelegraph By Jesse Coghlan - 0
Australian-based crypto platform Marhaba DeFi says there has been a strong take-up of Halal-approved cryptocurrency products on its platform, with aims to release a suite of new products which align with Islamic law by the end of 2022.Launched in 2020, the platform is focused on adhering to the...
Do Kwon, the co-founder of the Terra ecosystem, took to Twitter on Saturday asserting he’s “not ‘on the run’ or anything similar” after the Singapore Police Force (SPF) said Kwon wasn’t in the city-state.On Sept. 14, South Korean authorities issued an arrest warrant for Kwon and five other...
US expansion for Huobi a step closer after it secures a FinCEN license
Cointelegraph By Jesse Coghlan - 0
A subsidiary of the Huobi cryptocurrency exchange called HBIT Inc has received its Money Services Business (MSB) license from the United States Financial Crimes Enforcement Network (FinCEN).The Seychelles based Huobi said on July 5 that the license creates a foundation for it to carry out crypto-related business in...
Fed conference hears stablecoins may boost USD as global reserve currency
Cointelegraph By Jesse Coghlan - 0
A note published by the United States Federal Reserve on a recently held conference found a majority of exports believe a U.S. dollar central bank digital currency (CBDC) would not drastically change the global currency ecosystem. Panelists at the conference also agreed CBDC development outside of the U.S....
Bitcoin ‘tourists’ have been purged, only hodlers remain: Glassnode
Cointelegraph By Jesse Coghlan - 0
So-called “market tourists” are fleeing from Bitcoin (BTC), leaving only long-term investors holding and transacting in the top cryptocurrency, according to blockchain analytics firm Glassnode.In its July 4 Week Onchain report, Glassnode analysts said June saw Bitcoin have one of its worst-performing months in 11 years, with a...
NFT and Web3 gaming console to launch in 2024, Chinese firms to check ID for NFT buying, and more
Cointelegraph By Jesse Coghlan - 0
Polium, a company that markets itself as “building the products and infrastructure for Web3 gaming,” has said it's launching a gaming console that will support multiple blockchains and nonfungible tokens (NFTs).The “Polium One” console announced on July 3 is slated for an initial Q3 2024 release and will...
The British Army’s official Twitter, Facebook, and YouTube accounts were breached on July 3 for almost four hours, with scammers promoting rip-off non-fungible token (NFT) collections and cryptocurrency scams.Just after 2PM ET on July 3, the United Kingdom Ministry of Defence (MOD) Press Office tweeted it was aware...
Rewards4Earth plans to roll out crypto rewards to 1000 sports clubs in Australia
Cointelegraph By Jesse Coghlan - 0
In a small coastal town just north of Brisbane, Queensland, 20 members of the Coolum Surf Club have been taking part in an initial trial of the Erth Point System, a crypto rewards platform from the Australian company Rewards4Earth.Doug Flockhart, former CEO of Clubs Queensland, the body for...
Cardano’s Vasil hard fork proposal submitted: Countdown commences
Cointelegraph By Jesse Coghlan - 0
Cardano (ADA) blockchain developer Input Output Hong Kong (IOHK) has submitted an update proposal to hard fork the Cardano testnet, kicking off the countdown for the network's Vasil mainnet upgrade.The Vasil upgrade is slated to bring “significant performance and capability upgrades” to the blockchain, with IOHK describing the...
Bear market will last until crypto apps are actually useful: Mark Cuban
Cointelegraph By Jesse Coghlan - 0
Mark Cuban, the billionaire entrepreneur known for his role as one of the main investors on the reality television show Shark Tank, said the crypto bear market won't be over until there’s a better focus on applications with utility.He also doesn’t think the market has hit “cheap” prices...