asia

The New Land of Crypto Fundraising Is in Asia and Europe, Says PwC

Source Node: https://cointelegraph.com/news/the-new-land-of-crypto-fundraising-is-in-asia-and-europe-says-pwc
Time Stamp: April 6, 2020 6:50 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Most of the fundraising in the cryptocurrency space shifted from the Americas to Europe, the Middle East, and Africa (EMEA), and the Asia Pacific regions (APAC), according to a recent report by Big Four auditing firm PwC.According to PwC's 2nd Global Crypto M&A and Fundraising Report, during 2019, fundraising efforts in the crypto space obtained 18% less funding, while funds in mergers and acquisitions (M&As) in the space decreased by 40%.As funding decreased overall, APAC and EMEA's share of the pie got larger. While APAC and EMEA saw 44% of

Quarantined Gamers Are Straining Microsoft Azure-based Blockchain Platform

Source Node: https://cointelegraph.com/news/quarantined-gamers-are-straining-microsoft-azure-based-blockchain-platform
Time Stamp: April 4, 2020 10:04 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Microsoft has acknowledged that the quarantined gamers are putting a strain on its Azure cloud platform which is a backbone of the company’s Blockchain As a Service (BaaS) offering.In the SEC filing, Microsoft addresses the impact of “the global health pandemic” on its Azure cloud services. The company admits that in certain regions “deployments for some compute resource types (...) drop below our typical 99.99 percent success rates”. Furthermore, Microsoft confirms that “Xbox Live [is] putting a strain on overall Azure capacity”:“As a result of the surge in use over

Binance Shelters Against Job Losses During Global Pandemic

Source Node: https://cointelegraph.com/news/binance-shelters-against-job-losses-during-global-pandemic
Time Stamp: April 3, 2020 6:03 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

While global unemployment continues hitting new highs amid the coronavirus pandemic, the cryptocurrency industry is stepping in to shelter job losses, with some of the biggest companies in the space announcing their intention to hire new employees.Binance, the world’s largest cryptocurrency exchange, has just announced that it is seeking to hire more than 100 new employees, despite the ongoing economic downturn.In an April 3 tweet, Binance invited people around the world to build a career in the Blockchain space, offering a crucial opportunity to “work from home” as global jurisdictions

Market Volatility Continues Amid COVID19 Uncertainty

Source Node: https://www.bitcoinmarketjournal.com/market-volatility-continues-amid-covid19-uncertainty/
Time Stamp: April 3, 2020 5:36 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

In times of deep crisis such as this it’s important to stay true to who we are and that seems to get more and more difficult the deeper we get. Last night, I engaged in an interesting discussion on social media when Bruce Fenton posed the question “Are mandated lockdowns right or wrong?” This is something that another bitcoin though leader, Jimmy Song, is on record as being staunchly against and the libertarian in me tends to agree. Jimmy’s point here is simply that a pattern has arisen throughout history

Malaysian Securities Regulator Approves Crypto Trading Platform

Source Node: https://cointelegraph.com/news/malaysian-securities-regulator-approves-crypto-trading-platform
Time Stamp: April 3, 2020 3:22 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Following a nine-month-long probationary period, Malaysia-based cryptocurrency trading firm, Tokenize Malaysia, has received full approval from local securities watchdog.With the approval to operate a Digital Assets Exchange, the company’s cryptocurrency trading platform, Tokenize Xchange, became legally approved and regulated by the Securities Commission (SC) of Malaysia, local news outlet, SoyaCincau, reported on April 3. The exchange offers fiat-to-digital asset pairings.Malaysian laws require that local cryptocurrency exchanges register with the SC, after which they have up to nine month to achieve compliance with the SC’s regulation standards.Commenting on the development, Hong

Top Crypto Exchange Binance Hints at Launching Bitcoin Options Trading

Source Node: https://cointelegraph.com/news/top-crypto-exchange-binance-hints-at-launching-bitcoin-options-trading
Time Stamp: April 3, 2020 6:37 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Top crypto exchange Binance has hinted that it plans to launch Bitcoin (BTC) options trading. Two tweets — via the exchange’s official handle and CEO Changpeng Zhao (“CZ”) — posted on April 3 revealed “testflight leaks” and a screenshot of an apparent prototype for trading BTC/Tether (USDT) options contracts:Source: @cz_binance official Twitter handle, April 3“Notice anything new”?Binance’s performative social media “leak” revealed options trading support as one of the items on a “what to test” list, which included other products that have previously been officially announced, such as the Binance Card

How the Pressures of the Coronavirus May Open the Door for Tokenization

Source Node: https://cointelegraph.com/news/how-the-pressures-of-the-coronavirus-may-open-the-door-for-tokenization
Time Stamp: April 2, 2020 2:16 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

The coronavirus pandemic is the only thing on most people’s minds right now around the world.The pending economic fallout is only surpassed by the anxiety induced by surging cases in both the United States and Europe. People remain firmly in quarantine around the world, and consumer demand has fallen off a cliff as people are holed up with only basic necessities.Paired with the awful Purchasing Managers’ Index numbers published by the National Bureau of Statistics and the China Federation of Logistics and Purchasing, as well asearly U.S. indicators, we’re about