The Starknet Foundation, the organization behind the Ethereum layer 2 network Starknet, addressed speculation about an upcoming airdrop. screenshot On social media.This screenshot, taken from a page that briefly appeared on the Starknet website, sparked widespread user speculation. They showed us a list of airdrop criteria and explained what types of cryptocurrency activities are suitable for airdrop addresses. However, the page appeared to be an early draft because some copies were missing and the project name was misspelled.Commenting on the incident, the Starknet Foundation said, “Technical teams build and test various front ends, some of which see the light of…
Author: Crypto Flexs
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Adrienne Harris, Administrator of the New York Department of Financial Services (NYDFS), reiterated her firm commitment to regulating the virtual currency space in New York. NYDFS’ continued efforts to regulate cryptocurrency Under Harris’ leadership, NYDFS’ regulatory efforts in the cryptocurrency sector have played a pivotal role. The department she led implemented an innovative two-year plan to strengthen oversight of virtual currencies. This comprehensive effort includes creating updated guidance for cryptocurrency adoption or listing and establishing a framework for designating coins or tokens to the DFS Green List. Appointed superintendent in August 2021 and confirmed by the state Senate in 2022,…
Adrienne Harris, Administrator of the New York Department of Financial Services (NYDFS), reiterated her firm commitment to regulating the virtual currency space in New York. NYDFS’ continued efforts to regulate cryptocurrency Under Harris’ leadership, NYDFS’ regulatory efforts in the cryptocurrency sector have played a pivotal role. The department she led implemented an innovative two-year plan to strengthen oversight of virtual currencies. This comprehensive effort includes creating updated guidance for cryptocurrency adoption or listing and establishing a framework for designating coins or tokens to the DFS Green List. Appointed superintendent in August 2021 and confirmed by the state Senate in 2022,…
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Circle, the developer of USD Coin (USDC), is working with SBI Holdings, a Tokyo-based financial services company, to drive adoption of USDC and Web3 services in Japan.Circle announced on November 27 that it signed a memorandum of understanding (MOU) with SBI Holdings to support USDC’s strategic expansion into Japan.Circle and SBI Holdings collaborate $USDC Circulating and changing Japan’s financial environment. $USDC And Web3 service! This partnership marks a major leap forward and strategic expansion in digital asset innovation. $USDC In Asia. Learn more…— Circle (@circle) November 27, 2023 This comes as the Japanese government revised the Payment Services Act in…
Few events have garnered as much attention as the ongoing lawsuit between Ripple Labs and the US Securities and Exchange Commission (SEC) – often referred to as “XRP lawsuit”. This legal battle, which has significant implications for the broader crypto market, has seen a series of twists and turns that have kept investors and industry observers on their toes. In this article, we delve into the details of the XRP lawsuit, provide the latest updates, and explore what the future might hold for XRP price. XRP Lawsuit Overview: What Are The SEC’s Claims? In December 2020, the US Securities and…
Bitcoin (BTC) reached close to $40,000 on December 3 after a weekend rally that reinforced a “strong” run.BTC/USD 1-hour chart. Source: TradingViewBitcoin leaves $60 million shorted.Data from Cointelegraph Markets Pro and TradingView tracks the BTC price surge, pushing BTC/USD to a 2023 high of $39,730.This builds on the upward momentum that began a few days ago, with Bitcoin hitting $39,000 for the first time since mid-2022.As derivatives trades near the end of the Wall Street trading week, commentators have argued that spot buyers need to step up to maintain momentum. Events ultimately took an unexpected turn, with a sharp rise…
Hong Kong, a city known for its dynamic financial environment, may be about to make a groundbreaking change in the way it approaches digital assets. In a recent letter, Chen Zhihua, chairman of the Hong Kong Securities and Futures Association, proposed introducing an “initial coin offering (ICO) mechanism” in Hong Kong.The proposal was one of many put forward by Zhihua as a potential solution to spur economic revival. Jihwa said.“Hong Kong’s economy has not yet fully recovered after the epidemic, and although CEO John Lee announced the future development direction (…), the industry believes that there are still many aspects…
According to data from Deribit derivatives exchange, the number of Bitcoin open interest options is increasing compared to put options.According to Luuk Strijers, Chief Commercial Officer at Deribit, this indicates that investors are expecting prices of digital assets to rise in early 2024.“This year, the Bitcoin put-call ratio has fluctuated between 0.4 and 0.5. We have observed a decline in the proportion of long maturities, which suggests clients are placing calls to position towards expirations in March and June 2024. “This suggests that they are being used more frequently. This trend is indicative of a longer-term bullish sentiment in the…
Online casinos have gone through various changes over the past few years due to the influence of various technological advancements. Like many other industries, iGaming has also embraced the use of cryptocurrency, which is a further step towards a new technological revolution. Cryptocurrencies and other innovative technologies are playing an important role in the development and functioning of online gambling sites, and this article will tell you all about them.Technology that drives industry growthGambling has been a favorite pastime for many individuals around the world, and with the advent of online casinos, gamblers can now gamble from the comfort of…