Global digital asset exchange Crypto.com announced Tuesday that it will launch retail trading services in Korea on April 29. Crypto.com’s Korean trading platform will fill the shoes of OK-BIT, a locally licensed cryptocurrency exchange that said it was discontinuing its services. Crypto.com acquired OK-BIT in 2022.“We are excited to launch the Crypto.com app for retail users in Korea. “Korea is a very important market for our business growth and one where consumers are very interested in cryptocurrency,” said Eric Anziani, President. Chief Operating Officer of Crypto.com presentation.Crypto.com’s Korean platform follows strict regulations set by local authorities for cryptocurrency exchanges. A…
Author: Crypto Flexs
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In a deep dive into the future of Ethereum, co-founder Vitalik Buterin said: detailed It is an ambitious plan to improve the protocol and ease the burden on node operators. Dubbed “The Purge,” this multi-pronged plan aims to streamline network operations and security by eliminating obsolete features and introducing several Ethereum Improvement Proposals (EIPs). Through a series of technical improvements and optimizations, Buterin pursues not only simplification but also profound advancement of ETH in operational dynamics. The Wider Purge: The Big Cleanup At the core of The Purge is EIP-6780, from the Dencun hard fork, which dramatically reduces the functionality…
Dogecoin is consolidating gains in the $0.230 area against the US dollar. DOGE will need to stay above the $0.1750 support area to start a new increase. DOGE struggled to stay above $0.225 and revised gains against the US dollar. The price is trading above the $0.1750 level and the 100 simple moving average (4-hours). A break occurred below the main bullish trendline with support at $0.2040 on the 4-hours chart of the DOGE/USD pair (data source from Kraken). Unless it closes below the $0.1750 support, the price may rise again. Dogecoin price approaches key support After a steady increase,…
The Tron Foundation has dismissed its SEC lawsuit, claiming that U.S. regulators abused their power by targeting overseas digital asset offerings. The Tron Foundation, known as an important presence in the blockchain and cryptocurrency fields, is currently engaged in a legal battle with the U.S. Securities and Exchange Commission (SEC). The argument centers around a lawsuit filed by the SEC, which the Tron Foundation argues should be dismissed for infringement of jurisdiction. In recent years, the SEC has stepped up investigations and regulatory actions against various players in the cryptocurrency industry, alleging violations of securities laws. The lawsuit against the…
Blockchain platforms have evolved tremendously due to the influence of Bitcoin. Major crypto players such as Bitcoin and Ethereum have massive market shares, but they have some notable issues that are of serious concern.Latest Ethereum gas price soaredand bitcoin transactions slow down Due to network congestion. Alternatives such as Avalanche (AVAX) have evolved in the cryptocurrency landscape to overcome the limitations of previous blockchain networks.The avalanche Becoming more relevant This is true in the financial industry, especially the DeFi sector, which is becoming more integrated into people’s lives. One of the most notable projects in DeFi is the Avalanche network,…
Singapore, Singapore, April 2, 2024, Chainwire Ethlas, a pioneer in the Web3 gaming industry, announced its groundbreaking SkillFi model alongside its flagship game Battle Showdown: Gambit. The game is set to foster a sustainable economic ecosystem within the game by helping players monetize their skills. Gambit Ecosystem Battle Showdown: Gambit introduces a unique economic model that unites players and backers (bit holders). Players are rewarded proportionally to their in-game performance, ensuring that their best skills translate into real-world value. At the same time, Bit holders can earn Bits to invest in players and share success through a profit sharing mechanism.…
Binance, the world’s largest cryptocurrency exchange by trading volume, has taken an important step toward reorganizing its operations by appointing its first board of directors. The move comes after the exchange pleaded guilty last year. US rates Relates to anti-money laundering (AML) and sanctions violations. Binance reveals founding board of directors According to Bloomberg reportThe Board of Directors consists of seven members and is chaired by Gabriel Abed, former Ambassador of Barbados to the United Arab Emirates. Binance CEO Richard Teng is also a member of the board of directors, along with three other company executives: Heina Chen, Jinkai He,…
Battle Showdown: Gambit Introduces Innovative SkillFi Ecosystem to Redefine Gaming in the Blockchain Space – Chainwire housenewsroomBattle Showdown: Gambit is redefining gaming in the blockchain space by introducing the innovative SkillFi ecosystem. We use cookies to make your experience on Chainwire’s website better. Cookies help us provide you with a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of…
Posted 1 minute ago In ~ Updated: April 1, 2024, 2:54 PM EDT According to Bloomberg News, Binance Holdings Ltd. formed its first board of directors in a year marked by change and turmoil. The Board of Directors consists of seven members, including CEO Richard Teng and three company executives: Heina Chen, Jinkai He, and Lilai Wang. There are three external members: Gabriel Abed, Arnaud Ventura, and Xin Wang. bloomberg. According to LinkedIn, Abed was previously Barbados’ ambassador to the United Arab Emirates and Kuwait, where he resigned two months ago. Ventura is an entrepreneur who has founded several companies,…
What is CryptoSlate Alpha?A web3 membership designed to provide you with cutting-edge insights and knowledge through the Access Protocol. Learn more >Connected to Alphaillusion! 👋 You are connected to CryptoSlate Alpha. Click the button below to manage your wallet connection.IMPORTANT: You must lock at least 20,000 ACS.If that’s not enough, buy ACS on the following exchanges:Connect via access protocolAccess Protocol is a web3 monetization paywall. When users stake ACS, they can access paywalled content. Learn more >disclaimer: By choosing to lock your ACS tokens using CryptoSlate, you acknowledge and agree that you will be bound by Access Foundation’s applicable terms…