Tag Archives: Venture

The FCA has announced a clamp down on crypto ATMs. In a joint operation with the Metropolitan Police, the FCA inspected several sites in East London suspected of hosting crypto ATMs, which are currently illegal. Mark Steward, Executive Director of Enforcement and Market Oversight at the FCA, said: “Crypto ATMs operating without FCA registration are illegal and, as today shows, we ...

By Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). Bitcoin dropped further this morning, as investors are concerned about the consequences of Silvergate’s collapse. I think this could have significant implications for crypto regulations in the US and banks’ ability to deal with digital asset platforms and cryptocurrency brokerages. This is due to the narrative of crypto ...

Dombey Electrics Co. (www.dombbit.com), a UK Electrical company has launched the first dual mining machine. With the production site in HongKong, Dombey Electrics have offices in three continents. In 2019, the company introduced the low-power consuming cryptocurrency miners, but not only that, they launched the cryptocurrency miners that perform dual mining functions. What it means is that it can mine ...

Investment and philanthropy platform WAHED has donated 5 million of its utility token WAHED Coin to Fondazione Europea Alessandro Cenci (FEAC) at a private event in Rome. FEAC is an Italian non-profit organization focused on awareness, education and research to improve the care given to children and adolescents on the autism spectrum. In attendance at the Rome event were leadership ...

In times of fear of a WWIII, inflation, recession and energy shortage most of the investment instruments suffer substantial losses. Stocks, gold and mostly cryptocurrencies are greatly affected by the troublesome atmosphere around the world. With Ether down approximately 64% year-to-date, followed by Bitcoin down approximately 58% year-to-date, BestBrokers analyst team decided to look into blockchain transaction data and find out how ...

Primex Finance, the first-ever cross-chain prime brokerage protocol, launches the Primex Beta on the Ethereum Goerli testnet. The Beta version allows users to experiment with the protocol’s cross-DEX spot margin trading. With the Beta launch, Primex also introduces the new Referral Program for early users, offering benefits to early registrants and referral-based rewards. DeFi holds the potential to financially empower ...

WAHED is delighted to announce a brand new partnership with Creator’s Group. Bringing years of experience in the real estate and property management sector, the Creators Group can look forward to enjoying a number of advantages that the blockchain can add to this industry. Established by CEO Eng. Ali Al Salman in Riyadh, Saudi Arabia in 2016, Creators Group has ...

After years spent developing the category-defining technology powering its infrastructure, Sequoia-backed DeSo is hiring Salil Shah, a seasoned executive with experience at Meta and Pinterest, to scale the business. The announcement comes in the wake of two consecutive months of over 120% Month over Month growth for the platform. As the only layer-1 blockchain capable of powering content-rich social applications, ...

By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). Bitcoin remains above $20k, as U.S. GDP for Q3 is recorded as 2.6%, beating the expected 2.4% and coming in significantly higher than the previous decline of 0.6%. So far, the market has responded positively to this news, potentially due to the decreased chances of an economic recession. However, this positive ...

Investors and the crypto initiated already know that the blockchain industry is so much more than just Bitcoin trading. From amazing projects that can facilitate users in their everyday lives, to investing protocols that can bring much greater passive returns than the conventional banking and savings arenas, to offering banking services to the unbanked. Now it’s time for the consumer ...