🇺🇸 Coinbase International Exchange launches amid SEC crypto crackdown in the US
As the cryptocurrency industry faces regulatory challenges in the United States, public crypto exchange Coinbase is moving forward with a global derivatives platform.
On May 2, Coinbase announced the launch of the Coinbase International Exchange (CIE), a new institutional platform designed for crypto derivatives trading.
Coinbase stressed that direct access trading on CIE is available to institutional clients via API in eligible, non-U.S. jurisdictions. “These products are not available to retail customers at this time,” Coinbase added.
@DeCenterOrg
As the cryptocurrency industry faces regulatory challenges in the United States, public crypto exchange Coinbase is moving forward with a global derivatives platform.
On May 2, Coinbase announced the launch of the Coinbase International Exchange (CIE), a new institutional platform designed for crypto derivatives trading.
Coinbase stressed that direct access trading on CIE is available to institutional clients via API in eligible, non-U.S. jurisdictions. “These products are not available to retail customers at this time,” Coinbase added.
@DeCenterOrg
🇧🇹 Bhutan’s DHI and Bitdeer to raise $500M to develop sustainable mining operations
Nasdaq-listed mining company Bitdeer Technologies Group and Bhutan’s sovereign investment arm Druk Holding and Investments (DHI) have teamed up to create eco-friendly and carbon-free digital asset mining operations in the Kingdom of Bhutan.
In an announcement sent to Cointelegraph, Bitdeer and DHI said they would launch the partnership by creating a closed-end fund with an approximate value of $500 million. The firms aim to start their fundraising efforts at the end of May to attract investments from around the world.
The partnership is expected to create employment opportunities in various fields, including engineering, project management, and supervisory and supportive roles. Moreover, it is expected to stimulate economic growth and generate revenue in foreign currency for the local community and the country.
@DeCenterOrg
Nasdaq-listed mining company Bitdeer Technologies Group and Bhutan’s sovereign investment arm Druk Holding and Investments (DHI) have teamed up to create eco-friendly and carbon-free digital asset mining operations in the Kingdom of Bhutan.
In an announcement sent to Cointelegraph, Bitdeer and DHI said they would launch the partnership by creating a closed-end fund with an approximate value of $500 million. The firms aim to start their fundraising efforts at the end of May to attract investments from around the world.
The partnership is expected to create employment opportunities in various fields, including engineering, project management, and supervisory and supportive roles. Moreover, it is expected to stimulate economic growth and generate revenue in foreign currency for the local community and the country.
@DeCenterOrg
🇱🇮 Liechtenstein plans to adopt Bitcoin as a legal tender — according to the plan, it will be possible to use BTC to pay for goods and services in both public and private institutions in the country, as well as to make Bitcoin deposits in banks.
The government is also considering the possibility of investing state funds in BTC.
@DeCenterOrg
The government is also considering the possibility of investing state funds in BTC.
@DeCenterOrg
⚡️ Binance temporarily suspends all Bitcoin withdrawals, citing "network congestion issues."
UPD: BTC withdrawals are now resumed on Binance.
@DeCenterOrg
UPD: BTC withdrawals are now resumed on Binance.
@DeCenterOrg
🇺🇸 Biden calls to end $18B ‘crypto tax loopholes’
United States President Joe Biden recently shared an infographic on Twitter, calling to end “tax loopholes” that allegedly help wealthy crypto investors. Community members responded to the tweet, questioning the figures shared by the president and if the said loopholes exist.
Cutting such loopholes would save about $18 billion, according to Biden. However, the president did not provide any information on which loopholes existed and what reforms would lead to the potential savings amount the president shared.
@DeCenterOrg
United States President Joe Biden recently shared an infographic on Twitter, calling to end “tax loopholes” that allegedly help wealthy crypto investors. Community members responded to the tweet, questioning the figures shared by the president and if the said loopholes exist.
Cutting such loopholes would save about $18 billion, according to Biden. However, the president did not provide any information on which loopholes existed and what reforms would lead to the potential savings amount the president shared.
@DeCenterOrg
Elon Musk announced Thursday afternoon that he would soon be stepping down as Twitter CEO, and had chosen a new candidate.
“Excited to announce that I’ve a new CEO for X/Twitter. She will be starting in ~6 weeks! My role will transition to being exec chair & CTO, overseeing product, software and sysops,” he wrote.
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🧬 OpenAI boss Sam Altman is reportedly in “advanced talks” of securing $100 million funding for Worldcoin, a project aimed at creating a collectively owned and globally distributed cryptocurrency.
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🇨🇳 Chinese prosecutors to crack down on ‘pseudo-innovation’ in NFT market
On May 15, the Supreme People’s Procuratorate of the People’s Republic of China — the national agency responsible for legal prosecution — shared its thoughts on the nonfungible token (NFT) market. In an article, three authors outlined the prosecutors’ vision of the market risks and the reasons to combat them more actively.
The article pays attention to the tendency of “securitization” of NFTs, i.e., the shared ownership of one copy by multiple users, which, in the authors’ opinion, no longer corresponds to criteria of non-reproducibility, indivisibility and uniqueness.
@DeCenterOrg
On May 15, the Supreme People’s Procuratorate of the People’s Republic of China — the national agency responsible for legal prosecution — shared its thoughts on the nonfungible token (NFT) market. In an article, three authors outlined the prosecutors’ vision of the market risks and the reasons to combat them more actively.
The article pays attention to the tendency of “securitization” of NFTs, i.e., the shared ownership of one copy by multiple users, which, in the authors’ opinion, no longer corresponds to criteria of non-reproducibility, indivisibility and uniqueness.
@DeCenterOrg
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💎 The NFT collection that made it
At the end of last year, anonymous Telegram usernames in the form of NFTs were launched on the TON blockchain. Initially, they were sold for 9 TON (≈$16) during a limited period, with a total of 137,000 usernames released.
Today, their minimum price stands at 185 TON and continues to rise, having doubled in just the past few days. Technically, this is the most successful mass NFT collection.
We have looked into what is happening and what prospects there are for these anonymous usernames »
@DeCenterOrg
At the end of last year, anonymous Telegram usernames in the form of NFTs were launched on the TON blockchain. Initially, they were sold for 9 TON (≈$16) during a limited period, with a total of 137,000 usernames released.
Today, their minimum price stands at 185 TON and continues to rise, having doubled in just the past few days. Technically, this is the most successful mass NFT collection.
We have looked into what is happening and what prospects there are for these anonymous usernames »
@DeCenterOrg
DeCenter
The NFT collection that made it
Anonymous Telegram numbers in the form of NFTs based on the TON blockchain represent a unique NFT collection. It is one of the few collections created in 2022 that has real-world utility. The launch took place at the end of last year and generated enormous…
🛰 A physical coin loaded with 1 BTC, along with the Genesis Block text, will venture beyond the atmosphere on a space launch this summer.
BitMEX has announced that it will be sending the first physical bitcoin to the Moon in partnership with Astrobotic Technology Inc. and Bitcoin Magazine. The rocket carrying a physical Bitcoin wallet is scheduled to launch from the Kennedy Space Center this summer, marking a significant milestone for both space exploration and the bitcoin industry.
The bitcoin, engraved with a public address and private key, is loaded with 1 BTC and will become the first-ever financial asset sent to space. This endeavor symbolizes the exploration of Bitcoin's use cases beyond Earth and opens up possibilities for future interaction with the token.
@DeCenterOrg
BitMEX has announced that it will be sending the first physical bitcoin to the Moon in partnership with Astrobotic Technology Inc. and Bitcoin Magazine. The rocket carrying a physical Bitcoin wallet is scheduled to launch from the Kennedy Space Center this summer, marking a significant milestone for both space exploration and the bitcoin industry.
The bitcoin, engraved with a public address and private key, is loaded with 1 BTC and will become the first-ever financial asset sent to space. This endeavor symbolizes the exploration of Bitcoin's use cases beyond Earth and opens up possibilities for future interaction with the token.
@DeCenterOrg