Reports

Pangolin V2 Prepares for Launch with Improved Smart Contracts and Tokenomics

The first iteration of Pangolin launched on the Avalanche blockchain in February 2021 and quickly rose to become one of the most utilized decentralized exchanges (DEX) on the market – as well as one of the most successful dApps to launch on the Avalanche Network to date. Pangolin V1 used the same automated market maker (AMM) model as popular DEFI platforms such as UniSwap, and its Avalanche-based tokens were cross-compatible with those built on Ethereum. The protocol managed to process more than $8.7 billion dollars in trade volume in less

Israel adds more teeth to crypto and money laundering regulations

In its campaign against cryptocurrency fraud, Israel is upping the ante. New legislation has gone into action to prevent illegal behavior and normalize the use of bitcoin and other FinTech products, according to the Authority for Combating Terrorism Financing and Money Laundering’s director.  The execution of these regulations, as stated by the leader, Shlomit Wegman, will help to establish order and clear norms. New restrictions and benefits The regulations are a direct result of the Financial Action Task Force’s 2018 requirements. The Financial Action Task Force (FATF) is made up

Israel Beefing Up Crypto and Money Laundering Regulations

Israel’s Authority for Combating Terror Financing and Money Laundering has announced a tightening of regulations applying to the crypto and Fintech sectors.Sponsored Sponsored Israel is upping the ante in its fight against cryptocurrency crime. The Authority for Combating Terror Financing and Money Laundering announced via the authority director that new regulations have come into effect to combat criminal activity and normalize the use of cryptocurrency and other FinTech products. According to authority director Shlomit Wegman, the application of these regulations will help to establish order and clear standards.  The regulations

The NPD Group Announces Winners of Third Annual Automotive Aftermarket Performance Awards

“The aftermarket continues to enjoy surprisingly strong demand and sales performance, and we are thrilled to acknowledge the leading companies that harnessed the industry’s unique and changing opportunities to grow the business,” said Steve Flavin, president, automotive practice, for NPD. PORT WASHINGTON, N.Y. (PRWEB) November 03, 2021 The NPD Group today announced the recipients of its third annual Automotive Aftermarket Performance Awards, which were shared with the recipients during the Automotive Aftermarket Products Expo (AAPEX) in Las Vegas. The awards were given to the brands with the highest increase in

The Squid Game Cryptocurrency Scam – What Happened?

You may have heard of a new Netflix series making headlines, Squid Game took the world by storm and was quickly recognized as the most-watched show after hitting 111 million views in a month. The show is based within Korean culture and features a covert game show run for and by the elite. People who are deeply in debt are sourced and offered an opportunity to make billions, but when they arrive not all is as it seemed. The game features 6 rounds, each round is based on kids’ Korean

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

🔴 Bitcoin Futures ETFs Are Here?! | This Week in Crypto – Oct 18, 2021

 Bitcoin Futures ETFs could come to exchanges soon, Coinbase is launching an NFT marketplace and guess which country is now the biggest crypto mining hub in the world? These stories and more this week in crypto. The price of Bitcoin surpassed the $60,000 mark following reports that the first U.S. Bitcoin futures exchange-traded funds could start trading soon. NYSE Arca certified its approval to begin listing ProShares Bitcoin Strategy ETF and Nasdaq confirmed that shares of Valkyrie’s Bitcoin ETF had been certified for listing on its exchange. The Bitcoin

Time Magazine’s NFT sale peppered with technical problems 

When Time Magazine announced it would finally launch its NFT collection, everybody expected that it would sell out quickly, given the magazine’s rich and valuable media content.  While this expectation was indeed met when its NFT collection comprising 4,676 digital art pieces were sold out in just one minute, there was one thing that buyers didn’t expect: Technical glitches.  According to reports, users have experienced gas prices reaching 9,000 gigawei for a rapid transaction. When the minting process was finished, there were roughly 700 holders of NFTs.  Gigawei is a

Italian Payments Giant Nexi Involved in Digital Euro Project

Nexi, a leading European payments company, is reportedly giving advice to the European Central Bank (ECB) related to the digital euro project. The announcement was made by Nexi’s CEO Paolo Bertoluzzo, who also gave his opinion about the future of central bank digital currencies (CBDC) and cryptocurrencies during the Money 20/20 fintech conference in Amsterdam. Nexi Advising ECB on Digital Euro Issues Nexi, one of the biggest payments companies in Europe, is working in tandem with the European Central Bank toward the creation of a digital euro, according to statements

The correlation between Bitcoin and S&P 500 has these implications

The on-going corrections being witnessed in the U.S. stock market has managed to fuel in fear amongst people from the crypto space too. Even though they represent completely different spectrums of the financial landscape, both the markets have historically, maintained an on-and-off relationship. Source: TradingView Altering dynamics Interestingly, both markets have witnessed major bull and bear phases in synchronization. Earlier in March this year it was proved that the crypto space is not immune from big crashes witnessed in the traditional financial world. Right after that in April, it was

Head of Australian Crypto Exchange Says Regulations Are Beneficial

The head of the popular Australian cryptocurrency exchange BTC Markets says crypto regulations provide benefits to the industry. Sponsored Sponsored In the global race for cryptocurrency adoption, regulations, and innovation Australia seeks its own piece of the action. According to the CEO of the country’s largest crypto exchange the country could get left behind without proper action.  Caroline Bowler is CEO of the exchange BTC Market. In an interview with Bloomberg she said it would be a “real shame for Australia if we don’t take this bull by the horns.”Sponsored Sponsored

Nick Colas Says Coinbase CEO Made A “Rookie Mistake” By Calling Out SEC

Coinbase News A few days ago, Coinbase’s CEO called out SEC for its “sketchy” behavior. This, according to Datatek Co-founder Nick Colas, was a “rookie mistake.” He says, he hopes Coinbase “has learned or will learn its lessons shortly.” In aninterview with Bloomberg Markets and Finance, Datatek Research Co-founder, Nick Colas mentioned Coinbase’s recent action towards SEC. Colas says it was a “rookie mistake for a CEO to go to war with SEC.” To recall, Coinbase CEO, Brian Armstrong, called out SEC for its “really sketchy behavior.” He explained this