Binance and OKX have introduced localized domains and scaled-down products to comply with the FCA’s FinProm rules. The FCA has added other major exchanges, including KuCoin and HTX, to its list of ‘non-authorized entities’. In addition to cryptocurrency exchanges, cryptocurrency payment company MoonPay also complied with the new regulations. Leading cryptocurrency exchanges Binance and OKX, along with cryptocurrency payment service MoonPay, have taken significant steps to comply with the UK’s latest FinProm scheme, which was implemented by the Financial Conduct Authority (FCA) on October 8. . These regulatory changes in the UK aim to create transparency and fairness in the…
Author: Crypto Flexs
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Richard Teng, who was recently hired as CEO of Binance, assured stakeholders of the exchange’s efforts to uphold its key principles in a post on social media. His message, following a turbulent era for the company, is a promise of stability and user-centricity from a corporate perspective. Given the recent legal troubles involving his predecessor, Changpeng Zhao, this promise is particularly noteworthy in light of that particular incident. Teng’s Confidence Amid Leadership Change The following is Richard Teng’s tweet: “I’ll be talking a lot over the next few weeks.” It’s more than interviews, events, AMAs. I’m excited to meet many…
Alex Tapscott is a well-known voice in the blockchain and Ethereum space. In 2016, he was co-author with his father, Don, of “Blockchain Revolution,” one of the most influential early books on business blockchain. On September 19 of this year, Alex released a new book, “Web3: Charting the Internet’s Next Economic and Cultural Frontier”. Alex is also a part of the Blockchain Research Institute, which is an EEA member. Interview by Tom Lyons Alex, why did you write a book on Web3? Every so often, a new technology comes along that changes the economic order of things in society in…
The LINK price is no stranger to bullish rallies, with the token rising from a low of $5.8 to a high of $7.9 in September alone. Even now, the bullish momentum among enthusiasts has not abated, with cryptocurrency analysts predicting a 130% price increase. LINK price prediction ahead of October In an analysis published on TradingView, anonymous analyst Babenski explains the reasons for the $18 surge seen on the chart. First, it represents the low of $5.8 recorded in mid-September, confirmed by the cumulative range. This is not unusual, considering that large purchases occurred when LINK price fell to $5.8.…
Qualys Malware Research Labs announced the release of the Qualys BrowserCheck CoinBlocker Chrome extension to detect and block browser-based cryptocurrency mining. Cryptojacking. Cryptojacking Cryptojacking attacks leverage the resources of the victim’s system through malicious JavaScript to mine specific cryptocurrencies. Attackers carry out these attacks by infecting popular sites with JavaScript that enables cryptojacking. Every visitor to these sites downloads JavaScript and unknowingly provides system resources to mine cryptocurrency, which adds to the attacker’s wallet. The resource-intensive mining process is performed on the victim’s system and typically consumes more than 70% of the CPU, which can slow down system performance, increase…
Melbourne, Australia, November 25, 2023, ChainwireTIES CAPITAL GLOBAL PTY LTD, Australia’s leading financial services provider, is pleased to announce the launch of an innovative cryptocurrency trading platform that sets a new standard for traders seeking dynamic and secure opportunities in the rapidly evolving world of digital assets. do. This strategic move reinforces TIES CAPITAL GLOBAL’s commitment to providing cutting-edge solutions and comprehensive services to meet the growing needs of cryptocurrency enthusiasts.Comprehensive cryptocurrency trading experience:TIES CAPITAL GLOBAL’s new cryptocurrency trading platform combines cutting-edge technologies with a focus on security and transparency to provide users with a comprehensive and user-friendly experience. Traders…
Documented statistics on cryptocurrency trading and substance abuse are difficult to come by, but addiction specialists are treating a growing number of cryptocurrency traders. Abdullah Boulad, founder and CEO of The Balance Luxury Rehab, told the magazine that many cryptocurrency traders struggle with substance abuse. “Our customer base is diverse, but it is a unique demographic that has seen growth in recent years,” Boulad says. According to Boulad, the high intensity of cryptocurrency trading combined with 24/7 accessibility encourages some people to use stimulants to keep up with the pace. “Using substances such as amphetamines, cocaine and even excessive caffeine…
One of the best performing cryptocurrency assets right now is the layer 1 blockchain Avalanche (AVAX). Tokens are outperforming big cap stocks for another day, but what’s driving the momentum? AVAX price has risen by almost 10% in the last 12 hours, bringing the token back to the $23 price level. This outpaced the gains of other altcoins and the overall cryptocurrency market, which rose about 2.3% on the day. Avalanche Hype Due to RWA Tokenization There is currently a lot of talk surrounding layer 1 high throughput blockchains, which has seen the price of AVAX rise by a whopping…
join us telegram A channel to stay up to date on breaking news coverage The price of BTC is surging above $37,000 due to expectations of imminent approval of the first Bitcoin spot ETF in the United States. The cryptocurrency market has fluctuated for a week, starting with uncertainty related to Binance regulations. Despite the initial turmoil, recent positive trends indicate the market’s ability to bounce back. Some observers see the resolution of the Binance situation as a factor that could potentially pave the way for the SEC’s approval of a Bitcoin ETF. Cryptocurrency Market Rebounds Despite Binance Chaos Unconfirmed…
ARK Investment Management, led by Bitcoin bull Cathie Wood, is committed to launching a spot Bitcoin ETF in the US. The company partnered with European cryptocurrency manager 21Shares to update the application for the proposed ETF on November 20, according to an updated prospectus.ARK and 21Shares’ initial ARK ETF collaboration.Following the collaboration between ARK and 21Shares, the ARK 21Shares Bitcoin ETF now exists and will trade on the BZX Exchange under the symbol ARKB. It is scheduled to be listed on the Chicago Board Options Exchange (CBOE).This is the third time ARK and 21Shares have revised their Bitcoin ETF application…