Author: NBTC
The SEC (Securities and Exchange Commission) is a regulatory agency in the United States responsible for overseeing the securities markets and enforcing securities laws. It’s critical for financial advisors whose clients intend to invest in cryptocurrencies to comprehend the rules. There are several legal edge cases in the cryptocurrency industry, and advisers have a fiduciary duty to work in their client’s best interests, which includes doing everything within their power to shield them from financial loss and legal issues. By being informed about regulatory dangers, clients can avoid cryptocurrency practices that become frauds, scams, or market manipulation. Comprehending rules can…
DappRadar has released its Blockchain Gaming Report defining Q2 2024 as the best quarter since 2022. In fact, the Web3 gaming and dapp sector has raised 1.1 billion dollars in investments. Blockchain Gaming Web3: DappRadar states that Q2 2024 is the best quarter since 2022 Blockchain Gaming Web3: the first dapp is Ronin with 1.9 million new daily wallets The 2023 report and the decline of metaverse projects Blockchain Gaming Web3: DappRadar states that Q2 2024 is the best quarter since 2022 The famous platform that analyzes and tracks data on decentralized apps, DappRadar, has released its Blockchain Gaming Report.…
Axelar Network, a multichain forum unifying Web3 to facilitate developers, has recently announced a significant development. As per the platform, it has joined forces with Ta-da (a solution enabling diversified, high-quality, and cost-effective data collection), to revolutionize the micro-tasking sector. The platform took to its official X account to disclose the respective endeavor. MOAR #InterchainTokens!@Ta_da_io is a micro-tasking platform backed by blockchain, where users can complete tasks to earn crypto, providing high-quality data for AI models.$TADA is now available on @BNBCHAIN, the 1st step in their multichain strategy 🦾 🟠 pic.twitter.com/ThlWRu40qK — Axelar Network (@axelarnetwork) July 12, 2024 Axelar Network…
Bitcoin proponent and co-founder of MicroStrategy Michael Saylor has issued a cryptic Bitcoin message to the global community. He took to his X (formerly Twitter platform) account to address Bitcoiners around the world as the leading global cryptocurrency has attempted to recover after its 3.20% decline in the past 24 hours. Saylor’s message about “Bitcoin power” The MicroStrategy co-creator, its former CEO and currently executive chairman who is focused on the company’s Bitcoin strategy published an AI-generated image which features a pair of scales with an image of a physical BTC coin in both pans of it. “Bitcoin is the…
While the possibility of a FED interest rate cut in September has increased following the positive CPI figures from the USA yesterday, the probability of a September interest rate cut is priced at 88.1%, according to CME FEDWatch. While it was expected that the FED’s first interest rate cut in September would support the rise in Bitcoin and altcoins, 10X Reserach founder Markus Thielen, who attracted attention with his forthright statements, said that the situation is not as simple and rosy as it seems. Thielen stated that the positive inflation data received yesterday probably laid the groundwork for the FED…
Zentry, a unique gaming platform that goes beyond the conventional DAO structures, has announced a development. According to it, the platform has commenced a strategic funding round that takes into account DWFLabs, Synergis, LongHash Ventures, and The Spartan Group, apart from several angel investors. The company disclosed this on its official X account. Congratulations team! Looking forward to your success in the gaming and SocialFi 🔥 https://t.co/0mehEuk8Hc — DWF Labs (@DWFLabs) May 30, 2024 Zentry Begins a Unique Strategic Funding Round In a series of posts, the company provided significant details about the new endeavor. It noted its enthusiasm regarding…
Lithuania—the seaside country—has fined Payeer, a crypto company, €9.3 million ($10.1 million) for financial sanctions and money laundering violations involving its Russian clientele. According to Bloomberg, the Financial Crimes Investigation Service (FNTT) under the Ministry of Internal Affairs of the Republic of Lithuania fined the Payeer, which is registered in Lithuania. Payeer to Pay €9.3 million ($10.1 million) in Fines Since the geopolitical war began between Russia and Ukraine, many countries in Europe and the West imposed sanctions on Russia for crimes of war. Lithuania was one of them, considering it has been a member of NATO since 2004. During…
A year later, the news is circulating again that the CEO of Uber, Dara Khosrowshahi, claims that the company will soon accept payments in Bitcoin and crypto. Uber and the interview with the CEO: the company “will definitely” start accepting payments in Bitcoin and crypto Uber and its CEO: when will the company start accepting payments in Bitcoin and crypto? The price of BTC fluctuates and resists Uber and the interview with the CEO: the company “will definitely” start accepting payments in Bitcoin and crypto In these hours, the news is circulating again that the CEO of Uber, Dara Khosrowshahi,…
Key Points: Abra expands crypto holdings with Valkyrie’s Tron and Zilliqa Trusts acquisition. Settles with 25 U.S. states, ceases U.S. operations, refunds $82.1M to customers. Cryptocurrency trading platform Abra finalized its acquisition of multiple private cryptocurrency trusts from Valkyrie crypto trusts in what could be termed a strategic move amid regulatory challenges. The acquisition, concluded by Abra Capital Management LP in May, comprises active trusts for Tron and Zilliqa, other than those due for launch. According to filings with the U.S. Securities and Exchange Commission, Valkyrie crypto trusts reported that these trusts sold significant assets. As of October last year,…
VeChain demonstrated its innovative digital carbon management platform, VeCarbon, at the AWS China Summit, emphasizing its role in sustainable global business expansion. The integration of VeChain’s solutions with AWS technology highlights its readiness to lead the sustainability industry. According to an update on VeChain’s official website, the company recently took center stage at the Amazon Web Services (AWS) China Summit Energy Forum in Shanghai. This prominent event within the energy sector showcased how cloud services and generative AI can propel enterprises towards not only global expansion but also towards achieving zero-carbon and sustainable development goals. Digital Carbon Management in Focus…