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The Evolution of AMMs

The Complex History of the Future of Finance Author: Benny Attar Ever since the dawn of financial history, markets had to be made. Tracing back to 17th century spice trading where intermediaries bought and sold shares to offer investors higher liquidity, market making has evolved tremendously. Through equities, foreign exchange rates, and even physical assets, market makers today provide liquidity and are ready to buy any asset at publicly quoted prices. However, as time passes, financial markets evolve alongside it. The past several years, we’ve seen an incredible increase in

Javascript – The Most Popular Language in The Ethereum World

Introduction Javascript has been the most popular programming language on the web since it was introduced in 1995, and its popularity has only increased with time. The simplicity and flexibility of Javascript make it easy for anyone with basic computer skills to write code, and at the same time, it allows developers to create websites with as much power as their imaginations. Due to these features, Javascript has become one of the most popular languages across all of the Internet, but it’s especially important in the Ethereum world because of

Blockchain in Healthcare Today Journal Announces 2021 Best Article Award

Blockchain in Health Today (BHTY) open access peer reviewed journal is excited to announce the 2021 Editors Best Article Award. The award will be presented to: Author: Dr. Hao Sen Fang Andrew, Doctor Anywhere, formerly at SingHealth Polyclinics, SingHealth, Singapore Title: Commercially Successful Blockchain Healthcare Projects: A Scoping Review DOI: https://doi.org/10.30953/bhty.v4.166 The esteemed Award will be presented at ConV2X 2022 Blockchain in Healthcare Today and Tomorrow event, Sept 15, in Austin, TX.For event details see https://conv2xsymposium.com/ Past winners include: 2020William Chien, PharmD, MBAThe Last Mile: DSCSA Solution Through Blockchain Technology: Drug Tracking,

Web3 and online entertainment – how will it change?

The technology industry is buzzing with many new innovations. Metaverse, augmented and virtual reality and Web3 are just a few things that will change our everyday life and of course our perception of digital and technology. Web3 is a new version of the current internet network, which has been in use for decades. It is a network of shared source file based on blockchain technology that will revolutionize everything. Through it, you can enjoy an increasingly virtual and safer internet, where the sharing of your data is not decided by

Quentin Tarantino Sued for an Upcoming Auction of Pulp Fiction NFTs

Quentin Tarantino, the acclaimed film director, is being sued by Miramax, a Hollywood film producer and distributing company, due to the auction of a series of NFTs related to “Pulp Fiction,” one of the director’s most popular films. The conflict lies in the interpretation that Miramax makes from the initial contract between the parts, arguing that the sale of NFTs does not constitute a publication of any part of the script. Miramax Sues Quentin Tarantino Miramax, the Hollywood movie company, sued Quentin Tarantino, the acclaimed film director, for the upcoming

Floki Inu Cryptocurrency Ads Under Investigation in UK

The U.K.’s advertising authority has launched an investigation into advertisements for the cryptocurrency floki inu (FLOKI). The ads, titled “Missed Doge? Get Floki,” have appeared on London buses and the underground. The team behind the floki inu ad campaign says the advertisements are “legally cleared,” and the advertising authority’s action is “an attack against cryptocurrency and against the people’s freedom of choice — a clear attempt at censorship.” UK’s Advertising Authority Investigating Ads for Floki Inu Cryptocurrency The Advertising Standards Authority (ASA), the U.K.’s regulator of advertising, is investigating advertisements

Israeli Police Arrest Beitar Jerusalem Owner and 7 Suspects in Multimillion-Dollar Crypto Fraud

Israeli police have arrested eight suspects in connection with a cryptocurrency fraud scheme after raiding their homes and seizing evidence. One of the suspects is Moshe Hogeg, a well-known owner of the premier soccer team Beitar Jerusalem Football Club. 8 People Arrested in Crypto Fraud Scheme in Israel Israeli police arrested eight suspects Thursday allegedly stealing tens of millions of shekels in a cryptocurrency fraud scheme. The arrests were made after officers from the police’s Lahav 433 anti-corruption unit raided the suspects’ homes and offices. They gathered evidence and seized

India Considers Allowing Only Preapproved Cryptocurrencies — Crypto Regulation Expected by Year-End: Report

India is reportedly considering allowing only preapproved cryptocurrencies to be listed and traded on exchanges. In addition, the government aims to both introduce and pass a cryptocurrency law by year-end. Indian Crypto Regulation and Preapproved Cryptocurrencies India is considering allowing only cryptocurrencies that have been “preapproved by the government” to be listed and traded on exchanges, Reuters reported Thursday, citing two sources familiar with the discussions. The approval process is intentionally cumbersome to deter investors from holding cryptocurrencies, the sources said, adding that the government is unlikely to go through

NFT-Collateralizing South African Startup Raises $5 Million in Latest Seed Round

A South African startup, NFTfi, is reported to have recently raised $5 million which the company intends to use for boosting its business of collateralizing non-fungible tokens (NFTs). Cryptocurrency Loan Marketplace According to a Techcrunch report, NFTfi’s $5 million capital raise was led by U.S. actor Ashton Kutcher’s Sound Ventures. The other investors that participated in the funding round include Maven 11, Scalar Capital, and Kleiner Perkins. The company, which was founded by Stephen Young in February 2020, already acts as a marketplace where users can get a cryptocurrency loan

Kucoin Labs Launches $100 Million Metaverse Investment Fund

Kucoin Labs, the investigative and investment arm of Kucoin, a cryptocurrency exchange, has launched a $100 million fund to incubate early metaverse related projects. These include blockchain gaming initiatives, NFT platforms, and decentralized platforms, among others. The support will also include direct involvement with the projects selected, including counseling about branding and marketing. Kucoin Invests in Metaverse Kucoin, one of the leading exchanges in Asia, has taken the first step to hop on the metaverse train. The investment and investigation arm of the exchange, Kucoin Labs, has launched a $100

Xbox Boss Phil Spencer Addresses Rise of NFT Gaming; Feels Some of It Is “Exploitive”

Phil Spencer, executive vice president of gaming at Microsoft and the individual responsible for the Xbox program, has addressed the NFT gaming phenomenon trending recently. To Spencer, some of the platforms that leverage the use of NFTs feel more exploitive than entertaining. Some of the biggest developers and publishers in the gaming industry have already signaled their interest in introducing NFT elements to their games. Phil Spencer Not Immediately Supportive of NFTs Phil Spencer, responsible for the Xbox program at Microsoft and one of the most recognized executives in the

Crypto Investor News for 11/17

Staples Center to be Renamed Crypto.com Arena (BBC): The tipping point has arrived. Investor takeaway: Expect everyone you know to suddenly become interested in crypto investing. We’ve gone mainstream. How India is Regulating Crypto (Economic Times): India will ban crypto for payments, ban crypto advertising, and allow crypto as investments. Investor takeaway: Overall positive news for us, as it gives a government stamp of approval on crypto investing. Thank you to India for taking the lead on thoughtful regulation. ConsenSys is Now Worth $3.2 Billion (ConsenSys): Celebrating its latest funding