Dani Brinker, head of portfolio investments at eToro, commented: DeFi is one of the most talked about innovations in finance, with thousands of new cryptoassets emerging in recent months. But for people who don’t have the time to research every asset’s whitepaper, the market may seem like a minefield. By packaging up a selection of…
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Jamie Khurshid, COO, Nukkleus, commented: From the outset, Digital RFQ's strategy has been to service institutional clients only. For that reason we spent years establishing the appropriate infrastructure and regulated fiat capabilities to support institutional size volume for cross border payments, all the time, addressing the risks associated with cryptocurrencies. Today that hard work is…
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The brokerage’s clients can benefit from centralized cash management and can trade Bitcoin, Ethereum, Litecoin and Bitcoin Cash plus stocks, options, futures, bonds, mutual funds and ETFs from a single screen. The offering is initially available to US residents with individual or joint accounts, however, the company plans to make it available for additional client…
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ASIC said: ASIC understands that some unlicensed overseas platforms are taking, or have already taken, steps to prevent Australian clients from accessing these financial products. These steps include removing references and links, placing additional warnings and disclosures on the relevant webpages and apps, and introducing geographically based IP restrictions (geo-blocking). This prevents more Australian consumers…
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Syedur Rahman, a partner at Rahman Ravelli, which is representing Fetch.ai, said: We need to dispel the myth that cryptoassets are anonymous. The reality is that with the right rules and applications they can be tracked, traced and recovered. Rahman said that Binance intends to comply with the order and it is already tracking down…
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cTrader also improves the addition of indicative USD currency in TradeWatch which enables users to view their balance, equity, margin and P&L in the indicative currency of USD in a single switch via TradeWatch options. With the Advanced balance bar settings, users can configure and customize the balance bar in TradeWatch for their personal comfort…
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2. EIP-3238: Difficulty Bomb Delay EIP-3238 is being introduced to smooth the path for the Ethereum 2.0 upgrade. An important feature of Ethereum, the difficulty bomb makes Ethereum mining more challenging. When the difficulty bomb is triggered, block times will become so long that mining will no longer be profitable. This contributes to a phenomenon…
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Monex has passed this financial improvement onto shareholders. The basic earnings per share increased by more than 400% in the same period as the previous year. Shareholders have seen a rise from ¥5.57 per share in 2020 compared to ¥28.18 in 2021. Crypto has helped to drive this increase in revenue and profits. The figures…
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Mining for Bitcoin is not illegal in Malaysia, which is partly why Malaysia is one of the most popular countries for Bitcoin miners. It currently comes into the top 10 mining locations, accounting for over 3% of the total Bitcoin mining in the world. However, bitcoin mining does attract criminals, with most opting to steal…
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The ban follows warnings and concerns that financial information from TikTok could be misleading. The FCA has also expressed its concerns over young individuals being at risk in investing, taking their information from social media. The growing pressure has driven Google and other internet companies to take measures against scam ads showing on their platforms…
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