2020

Former U.S. official says cryptocurrency not some ‘libertarian paradise’

Source Node: https://ambcrypto.com/former-u-s-official-says-cryptocurrency-not-some-libertarian-paradise/
Time Stamp: September 27, 2021 7:00 AM - Modified On: September 27, 2021 - Published By:
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Cryptocurrency has been around for a long time now. However, its mainstream adoption gained a boost lately with 2020 being a remarkable year. But 2021 saw a major push as countries and/or organizations across the globe have been accepting cryptocurrencies in some form or the other. That said, countries have also been working on cryptocurrency regulations to govern the process of exchanging through crypto. Something that can actually benefit these tokens. Former US Treasury secretary Lawrence Summers, while speaking to Bloomberg expressed his opinions concerning the cryptocurrency regulations. During this

Indonesia Confirms It’s Not Imposing Blanket Crypto Ban

Source Node: https://beincrypto.com/indonesia-confirms-not-imposing-blanket-crypto-ban/
Time Stamp: September 27, 2021 5:47 AM - Modified On: September 27, 2021 - Published By:
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The Indonesian government has given its residents the green light for cryptocurrency trading, refusing to impose an outright ban on all crypto-related transactions. Sponsored Sponsored The government instead will seek to focus its regulatory effort on the prevention of crimes in which cryptocurrency is involved. Cryptocurrencies are treated as tradable assets and commodities, which are unfit for payments, according to the Central Bank. The government maintains that crypto assets are a volatile asset class, with little backing. Crypto asset trading was legalized in 2018 in the Ministry of Trade Regulation

Wormhole NFT bridge allows users to transfer assets on different blockchains

Source Node: https://bitcoinerx.com/blockchain/wormhole-nft-bridge-allows-users-to-transfer-assets-on-different-blockchains/
Time Stamp: September 26, 2021 3:51 AM - Modified On: September 26, 2021 - Published By:
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A new service called Wormhole NFT Bridge connects Ethereum and Solana to let users transfer assets between these competing blockchains.  This service, in technical terms, is called a “bi-directional bridge” that can send assets and make them compatible with other blockchain platforms.  This is how it works: When someone wants to transfer a Solana NFT to Ethereum to sell it on OpenSea, the service would first lock the original NFT within the Wormhole smart contract.  A smart contract is a technology that runs behind decentralized apps, DeFi protocols, and NFTs

Shiba Inu coin (SHIB) pumps and sees $2 billion traded after Coinbase listing

Source Node: https://cryptoslate.com/shiba-inu-coin-shib-pumps-and-sees-2-billion-traded-after-coinbase-listing/
Time Stamp: September 17, 2021 9:00 PM - Modified On: September 17, 2021 - Published By:
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Shiba Inu coin (SHIB) believers were in for a surprise Friday morning after Coinbase, one of the world’s largest and most regulated crypto exchanges, listed the memecoin on its platform.“SHIB is now live on Coinbase and in the Coinbase iOS and Android apps. Coinbase customers can log in now to buy, sell, convert, send, receive or store SHIB,” the exchange said in a tweet.SHIB is now live on Coinbase and in the Coinbase iOS and Android apps. Coinbase customers can log in now to buy, sell, convert, send, receive or

Pledge: NFT-based fixed lending protocol announces successful Fundraise

Source Node: https://ambcrypto.com/pledge-nft-based-fixed-lending-protocol-announces-successful-fundraise/
Time Stamp: September 14, 2021 4:15 AM - Modified On: September 14, 2021 - Published By:
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Pledge Finance, an algorithm-driven, multi-chain decentralized finance (DeFi) ecosystem, is announcing the launch of an NFT-powered structured collateralized lending platform targeted at the traditional financial sector. The Binance Smart Chain (BSC) based platform will be fully interoperable with other public chains, meaning other DeFi platforms will be able to interact with Pledge’s numerous product and service offerings.  Pledge Bridges the Gap Between DeFi and Finance Pledge Finance will include liquidity pools which will act as money markets so that users can exchange cryptocurrencies without the need for a centralized exchange.

Panama’s crypto-bill will make it ‘compatible’ with crypto-assets, digital economy

Source Node: https://ambcrypto.com/after-el-salvador-panama-introduces-bill-to-regulate-cryptocurrencies/
Time Stamp: September 7, 2021 8:00 PM - Modified On: September 7, 2021 - Published By:
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As El Salvador became the first country to make Bitcoin legal tender, another Central American country took a step towards recognizing the importance of cryptocurrencies. The Republic of Panama, recently introduced its cryptocurrency bill. Panamanian Congressman Gabriel Silva, in a tweet thread, announced the same. According to him, the bill aimed to make Panama a “country compatible with the digital economy, blockchain, crypto assets, and the internet.” Moreover, use cryptocurrencies remained optional for individual citizens as well as businesses as per the said bill, which did not compel anyone to

UK Crypto Exchange Receives Approval From FCA

Source Node: https://beincrypto.com/uk-crypto-exchange-receives-approval-from-fca/
Time Stamp: September 2, 2021 10:02 AM - Modified On: September 2, 2021 - Published By:
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UK-based cryptocurrency exchange Coinpass received approval from the country’s Financial Conduct Authority (FCA) to operate as a crypto assets company.Sponsored Sponsored This makes Coinpass among the first UK-based crypto exchanges to have fully registered with the FCA, according to Coinpass Chief Executive Jeff Hancock. FCA registration The FCA became the anti-money laundering and counter terrorist financing supervisor of crypto asset firms in January. Since then, crypto firms have had to register with the FCA before doing business. Until now, the FCA had only registered six firms with dozens more still

Why this billionaire investor’s crypto-investment advice has no basis

Source Node: https://ambcrypto.com/why-this-billionaire-investors-crypto-investment-advice-has-no-basis/
Time Stamp: September 1, 2021 5:30 AM - Modified On: September 1, 2021 - Published By:
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The “Bitcoin is a bubble” theory has been touted for as long as the digital asset has existed. Despite Bitcoin providing optimum returns over the last few years, many traditional investors have failed to find value in the crypto. Billionaire investor and subprime broker John Paulson is the latest addition to this clique. In a recent interview, Paulson called crypto a bubble that will “eventually prove to be worthless.” Paulson had famously predicted and benefited from the U.S. subprime mortgage crisis in 2008 by placing a successful short position on

VortexDeFi: One-stop DeFi asset management solution

Source Node: https://ambcrypto.com/vortexdefi-one-stop-defi-asset-management-solution/
Time Stamp: August 30, 2021 5:15 AM - Modified On: August 30, 2021 - Published By:
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The DeFi market is booming and while the space has seen an increase in the number of users, they can feel overwhelmed with the number of options available. While choosing a DeFi platform a user needs to consider factors such as the safety of their funds, APY yields combined with the ease of using the platform. Vortex DeFi offers its users a one-stop solution as an aggregator that provides seamless consolidated access to protocols such as Aave, Compound Finance, and YFI. What is Vortex DeFi? Vortex DeFi is a web-based

Miami Startup BloomsyBox.com Ranks No. 704 on the Prestigious 2021 Inc. 5000 List

Source Node: https://www.prweb.com/releases/miami_startup_bloomsybox_com_ranks_no_704_on_the_prestigious_2021_inc_5000_list/prweb18157958.htm
Time Stamp: August 28, 2021 5:00 PM - Modified On: August 28, 2021 - Published By:
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BloomsyBox “We are literally in the business of growing things from the ground up through seasonal flowers,” said BloomsyBox.com Founder, Juan Palacio MIAMI (PRWEB) August 28, 2021 Inc. magazine today revealed that Miami-based floral subscription brand, BloomsyBox.com, is no. 704 on the Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. This is the first appearance on the Inc. 5000 for vertically integrated BloomsyBox.com and Founder Juan Palacio--an immigrant from Colombia--which experienced 698% growth in revenue over the last three years. Additionally, BloomsyBox.com came in at

Inc. Magazine Reveals Annual List of America’s Fastest-Growing Private Companies including Worldgate, llc —the Inc. 5000

Source Node: https://www.prweb.com/releases/inc_magazine_reveals_annual_list_of_americas_fastest_growing_private_companies_including_worldgate_llc_the_inc_5000/prweb18156588.htm
Time Stamp: August 28, 2021 10:00 AM - Modified On: August 28, 2021 - Published By:
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Worldgate, llc ranked in the top 5000 by Inc. This recognition goes to ALL OF OUR EMPLOYEES and their commitment to serving our clients and each other in the best way that they can every day. -- Katelyn Montgomery, President RESTON, Va. (PRWEB) August 28, 2021 Inc. magazine today revealed that Worldgate, llc is No. 3,941 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its