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

Source Node: https://news.bitcoin.com/india-preapproved-cryptocurrencies-crypto-regulation-expected-year-end/
Time Stamp: November 19, 2021 9:30 AM - Modified On: November 19, 2021 - Published By:
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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

Liquid Craft to Launch 1500 Liquor Backed NFTs on ETH and BSC 23rd Nov

Source Node: https://news.bitcoin.com/liquid-craft-to-launch-1500-liquor-backed-nfts-on-eth-and-bsc-23rd-nov/
Time Stamp: November 19, 2021 9:00 AM - Modified On: November 19, 2021 - Published By:
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press release PRESS RELEASE. Liquid Craft – is bringing a new concept to the NFT space by using collectible handcrafted bottles of Liquor to add value to their digital art pieces. Their first series Dragons and Bourbon is launching for pre-sale on Nov 20th at 12 PM PST with the public sale going live on Nov 23rd at 12 PM PST. Liquid Craft is aiming to bring innovation to two markets simultaneously with this release as well as their upcoming NFT marketplace. The NFTs are all backed by collectible bottles

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

Source Node: https://news.bitcoin.com/nft-collateralizing-south-african-startup-raises-5-million-in-latest-seed-round/
Time Stamp: November 19, 2021 7:30 AM - Modified On: November 19, 2021 - Published By:
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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

Source Node: https://news.bitcoin.com/kucoin-labs-launches-100-million-metaverse-investment-fund/
Time Stamp: November 19, 2021 6:00 AM - Modified On: November 19, 2021 - Published By:
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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”

Source Node: https://news.bitcoin.com/xbox-boss-phil-spencer-addresses-rise-of-nft-gaming-feels-some-of-it-exploitive/
Time Stamp: November 19, 2021 4:30 AM - Modified On: November 19, 2021 - Published By:
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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

Reddit user discovers 61.3 million LRC moved to Loopring Exchange

Source Node: https://bitcoinerx.com/blockchain/reddit-user-discovers-61-3-million-lrc-moved-to-loopring-exchange/
Time Stamp: November 18, 2021 4:34 AM - Modified On: November 18, 2021 - Published By:
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Investors and market observers are speculating that a recent Loopring transaction is linked to a GameStop (GME) float.  On Tuesday, a deposit of 61.3 million LRC ($164.8 million) was made on the Loopring Exchange. In addition, the assets were transferred from layer 1 to layer 2. This transaction was discovered by a Reddit user u/Prof Dankmemes, who claimed that the address that initiated the transfer had “connections.”  The connection in question is said to have previously been linked to Loopring’s Chief Executive Officer and founder, Daniel Wang. This might be

Prepare for the Future of Decentralized Venture Investment with DAOLaunch

Source Node: https://coinidol.com/venture-investment-daolaunch/
Time Stamp: November 17, 2021 8:00 AM - Modified On: November 17, 2021 - Published By:
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Nov 17, 2021 at 13:00 // News Nowadays, Venture capitalists and institutional investors dominate the investment business. The issue is that they may use their capital, network, connections, and brand to negotiate better investment terms and generate significant returns.   Most of these types of transactions take place in a private context. Ordinarily, retail investors do not have access to such opportunities. More than ever, a democratic and realistic approach to start-up investment is required.  This method will boost the start-up industry's competitiveness and innovation. DAOLaunch presents a Decentralized Venture Capital

Introducing GoFungibles’ community governance in the world of crypto

Source Node: https://ambcrypto.com/introducing-gofungibles-community-governance-in-the-world-of-crypto/
Time Stamp: November 17, 2021 7:00 AM - Modified On: November 17, 2021 - Published By:
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OkDecentralization and Web 3.0 are hot topics in the world right now. A byproduct of blockchain technology is the emerging world of Web 3.0. The idea behind Web 3.0 is that users on the internet will interact with each other and data will be stored in a decentralized way, giving users data privacy and sovereignty. This is different from Web 2.0, where most of the activity on the internet is composed of users interacting with each other and data stored in centralized storage locations that are controlled by large companies.

Loopring CEO Moves 61.3 Million LRC, Triggering GameStop NFT Speculation

Source Node: https://beincrypto.com/loopring-ceo-lrc-gamestop-nft-speculation/
Time Stamp: November 17, 2021 1:50 AM - Modified On: November 17, 2021 - Published By:
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On Nov 16, a transaction of 61.3 million LRC being moved to layer 2 occurred on the Loopring network. The Crypto community speculates that this could be a move to support a forthcoming GameStop NFT marketplace.Sponsored Sponsored Investors and market speculators are having a field day after a recent Loopring transaction has them thinking that it could be related to a GameStop (GME) float. On Nov 16, a deposit of 61.3 million LRC, worth $164.8 million, on the Loopring Exchange occurred. The assets were also moved from layer 1 to

Bank of England’s Cunliffe: Crypto Threat to Financial Stability ‘Getting Closer’ — Urges Regulators to Act Now

Source Node: https://news.bitcoin.com/bank-of-englands-cunliffe-crypto-threat-financial-stability-urges-regulators-to-act-now/
Time Stamp: November 16, 2021 1:30 AM - Modified On: November 16, 2021 - Published By:
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Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrency is getting closer to posing a threat to global financial stability due to the sector’s rapid growth. Crypto is also being integrated into the traditional financial system at a rapid rate. He urges regulators to take action now. Bank of England’s Jon Cunliffe Warns Crypto Is Closer to Becoming a Threat to Global Financial Stability Sir Jon Cunliffe, Bank of England’s deputy governor for financial stability, talked about bitcoin and cryptocurrencies in general on BBC’s

LBank Exchange Will List LMCSWAP on November 15, 2021

Source Node: https://news.bitcoin.com/lbank-exchange-will-list-lmcswap-on-november-15-2021/
Time Stamp: November 16, 2021 1:00 AM - Modified On: November 16, 2021 - Published By:
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press release PRESS RELEASE. INTERNET CITY, DUBAI, Nov. 15, 2021 – LBank Exchange, a global digital asset trading platform, will list LMCSWAP (Limocoin Swap) on November 15, 2021. For all users of LBank Exchange, the LMCSWAP/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on November 15, 2021. In the ever-evolving African continent, blockchain technology and crypto are changing its economic landscape dramatically. Limocoin Swap (LMCSWAP) is a token created to allow, by the principle of crypto assets, the evolution of market solutions. The LMCSWAP token will