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Crypto Valley Roundup – Fall 2021

The Crypto Valley is known to be one of the most “crypto-friendly” regions in the world. But what specifically is happening within the Blockchain ecosystem? The “Crypto Valley Roundup” aims to provide insight and highlights from selected events every two months.Sponsored Sponsored With the first Blockchain companies settling in the area of Zug from 2013 onwards, the term “Crypto Valley” was soon born in reference to the “Silicon Valley”. Thanks to politics and regulation, Switzerland was able to create the necessary legal certainty for a flourishing ecosystem around Blockchain and

First Mover Asia: Bitcoin Drifts Lower After Taproot Upgrade; Ether Drops

Good morning, Here’s what’s happening this morning: Market Moves: Bitcoin’s highly anticipated Taproot upgrade fails to produce any noticeable price pop. Technician’s take: Short-term upside appears to be limited given the loss of positive momentum. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. Prices Bitcoin (BTC): $64,514 +0.4% Ether (ETH): $4,562 -1.7% Market moves Bitcoin was trading flat after Taproot, the blockchain’s biggest network upgrade in four years, went live. The upgrade, which took effect at 5:15 coordinated universal time (1:15 a.m.

French AMF Slaps €300K Fine on Polish Broker XTB

The Sanctions Commission of the French financial markets regulator, the Autorite des Marches Financiers (AMF), has issued a warning against X-Trade Brokers (XTB) and also imposed a penalty of EUR 300,000 on the broker for breaches of its professional obligations in France.XTB is a Poland-headquartered broker and operates in France by passporting its Polish license. According to the regulator’s announcement, the breaches were made under the activity of XTB’s French branch between November 2013 and February 2020.Major BreachesThe Commission penalized the broker for three major breaches: shortcomings in service promotion,

New Slate of Speakers Announced for the 2021 Global Wellness Summit Reveals the Depth and Diversity of Disruption Underway in Health and Wellness

A diverse array of scientists, doctors, technologists and startup founders will keynote on the new concepts in health and wellness they’re busy inventing–shaking up everything from healthcare to higher education MIAMI (PRWEB) November 03, 2021 The 2021 Global Wellness Summit’s theme is “A New New Era in Health & Wellness”–and the numerous keynote speakers announced today powerfully illustrate that we are indeed entering an unprecedented time of wellness disruption and creativity. A diverse array of scientists, doctors, technologists and startup founders will keynote on the new concepts in health and

Facebook Metaverse NFTs Are Coming | This Week in Crypto – Nov 1, 2021

 Facebook’s Metaverse will support NFTs, Mastercard reveals new crypto offerings, and guess which actor is now the new face of cryptocurrency? These stories and more this week in crypto. Facebook unveiled an ambitious framework for creating a virtual world known as the Metaverse. The new company name, Meta, reflects the company’s aim to integrate real and digital worlds ever more seamlessly, using technologies such as virtual reality and augmented reality. Part of that vision also includes a role for non-fungible tokens and its forthcoming cryptocurrency, Diem. Financial giant Mastercard

El Salvador’s First Official Bitcoin Commercial for Chivo Wallet Airs

The first advertisement for the bitcoin wallet of El Salvador, Chivo Wallet, has been released. The ad is effectively the first government ad of this sort.Sponsored Sponsored Released on August 31, the ad is a quick explainer of bitcoin, the Chivo wallet, and the cryptocurrency’s benefits. The wallet is set to be available from September 7. https://s32659.pcdn.co/wp-content/uploads/2021/09/Chivo.mp4Chivo Wallet ad: El Salvador President Nayib Bukele’s Twitter handle El Salvador’s President Nayib Bukele announced the wallet’s release date last week, confirming that the use of bitcoin would not be mandatory. This appeased

Cuba Recognizes Cryptocurrencies | This Week in Crypto – Aug 30, 2021

 MicroStrategy buys more bitcoin, Cuba recognizes cryptocurrencies and free BTC for everybody in town…but which town? These stories and more this week in crypto. NASDAQ-listed business intelligence company MicroStrategy announced yet another substantial purchase of Bitcoin, this time worth nearly $200 million. The firm added 3,907 bitcoin to its stash, at an average price of just over $45000 per coin bringing its total holdings to nearly 109,000 bitcoins. Cuba will recognize and regulate cryptocurrencies citing “reasons of socio-economic interest.” The central bank will set new rules for how to

Visa invests $150,000 in NFT CryptoPunk Asset

Credit card giant Visa has made a substantial splash on its emergence into the nonfungible token (NFT) space with a $150,000 acquisition of a CryptoPunk, the collective of digital artworks that pioneered the mainstream culture of the space back in 2017.In a blog post announcement released on Monday, Cuy Sheffield, head of crypto at Visa and self-proclaimed NFT enthusiast, shared his views on the value of purchasing NFT assets in the digital economy, the vast growth of the market in the past few years, as well as Visa’s commercial incentives in this

Tether (USDT) cash equivalents have increased to 85%, company reveals

Tether Holdings Limited, the company behind the world’s largest stablecoin by market cap, revealed more details about its reserves in an assurance opinion by Moore Cayman, an audit services provider, which concluded that the information in the company’s Consolidated Reserves Report (CRR) is accurate.Tether’s reserves “The group’s consolidated assets exceed its consolidated liabilities,” according to the independent accountant’s report, which reviewed Tether’s latest CRR and determined that the issuer met its reserve obligations for the period that ended on June 30, 2021.“The group’s reserves held for its digital assets issued exceeds

Zodia Custody Set to Offer Brokerage Services in Ireland

British banking and financial services company Standard Chartered has announced plans for its crypto brokerage arm to expand.Sponsored Sponsored Recent reports indicate that Zodia Custody will begin offering services in Ireland. Specifically to institutional investors. With this in mind, Standard Chartered becomes the latest institution to set up operations in the Republic of Ireland. Following the likes of Bank of New York Mellon, which set up its Digital Innovation Hub in Dublin. Fintech company Blockdaemon also broke ground of their own in Galway. Standard Chartered’s ventures and innovation branch SC

NuGenesis Network Full Review (Part 2)

The blockchain ecosystem, that is taking the world of technology by stormWe are living in a world of rapid change and innovation. Everything around us is changing at an exponential rate and it is shifting the world from one idea to another, not simply to engage and impress people, but to encourage them to have fun, earn a good livelihood, build wealth and secure a stable financial future.Also Read: A Comprehensive Review of the NuGenesis Network (Part 1 of 6)Since 2009, a spotlight has been shone on a new technology