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Dubai Financial Services Authority Launches Framework for Investment Tokens

Dubai Financial Services Authority Launches Framework for Investment Tokens

Dubai Financial Services Authority (DFSA) became the latest financial regulatory authority to launch a clear regulatory structure for investment tokens in the region. In a recently issued press release, DFSA mentioned that the regulatory framework defines investment tokens as either a security token or a derivative token. Additionally, the authority is drawing up proposals for …

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KuCoin Launches ZKT’s World Premiere and Takes Part in zkTube Layer2 Mining

KuCoin Launches ZKT’s World Premiere and Takes Part in zkTube Layer2 Mining

zkTube is the world’s first Layer 2 mining protocol based on ZK-Rollup technology. Starting from 2020, in Melbourne-Australia, the company has achieved several significant milestones, bringing ease for users on the Ethereum network. Now, zkTube is logged into the top 5 KuCoin, one of the top cryptocurrency exchanges globally. This listing will significantly increase the …

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Bakkt shares skyrocket after partnering with Mastercard and Fiserv

Bakkt shares skyrocket after partnering with Mastercard and Fiserv

The share price of the Intercontinental Exchange-backed crypto services company Bakkt ($BKKT) has surged as it unveiled two partnerships with major global payments firms. On Monday 25 Oct., Mastercard announced it would be working with digital asset platform Bakkt to allow its customers based in the United States to buy, sell and hold digital assets …

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Elon Musk Reveals Real Reason He Supports Dogecoin, Says Many People at Tesla and Spacex Own DOGE

Elon Musk Reveals Real Reason He Supports Dogecoin, Says Many People at Tesla and Spacex Own DOGE

Elon Musk has revealed the real reason he supports the meme cryptocurrency dogecoin. He shared that a lot of people he talks to at his companies, Tesla and Spacex, own dogecoin, noting that “it felt like the people’s crypto.” Lots of People Elon Musk Talks to at Spacex and Tesla Own Dogecoin Tesla and Spacex …

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South Korean Teachers Pension Fund Plans to Invest in Bitcoin ETF

South Korean Teachers Pension Fund Plans to Invest in Bitcoin ETF

The Korean Teachers’ Credit Union (KTCU), the country’s first pension fund with $40.2 billion in assets under management, is reportedly planning to invest in a Bitcoin exchange-traded fund (ETF). However, according to sources quoted by The Korea Economic Daily, the amount remains undisclosed as of press time. The fund is looking for the launch of …

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On-Chain Data Shows Surge In Stablecoins Supply Pouring Into Bitcoin

On-Chain Data Shows Surge In Stablecoins Supply Pouring Into Bitcoin

On-chain data shows a recent rise in the number of stablecoin addresses sending to exchanges, suggesting an increase in dry powder supply pumping into Bitcoin. Stablecoins Exchange Inflow Addresses Count Recently Surges As pointed out by a CryptoQuant post, the number of stablecoin addresses making inflow transactions to exchanges saw a sharp rise yesterday. Stablecoins …

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France-based Crypto Blockchain Industries lists on Paris stock market

France-based Crypto Blockchain Industries lists on Paris stock market

The company is the first blockchain-focused IPO in France. Crypto Blockchain Industries, a France-based company focused on blockchain technology, is set to go public on the Paris stock market, local reports say. The decision to admit the company’s ordinary shares was approved by the Euronext Paris SA on 21 October, with 2021, the report added. According …

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‘An Act of War Against the Middle-Class’ — Americans Criticize Janet Yellen’s Idea to Tax ‘Unrealized Capital Gains’

‘An Act of War Against the Middle-Class’ — Americans Criticize Janet Yellen’s Idea to Tax ‘Unrealized Capital Gains’

The 78th United States secretary of the treasury Janet Yellen told CNN’s “State of the Union” on Sunday that U.S. lawmakers are considering taxing unrealized capital gains. According to Yellen, the funds collected would help finance things related to climate and social change. While Yellen said that U.S. senator Ron Wyden (D., Ore.) was working …

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Crypto investments a financial backup for Facebook whistleblower

Crypto investments a financial backup for Facebook whistleblower

Frances Haugen, a former Facebook employee-turned whistleblower, revealed that her refuge in Puerto Rico is currently being supported by an auspiciously timed cryptocurrency investment. Haugen worked as a Facebook product manager before accusing the company of spreading controversial and insensitive misinformation. She allegedly possesses numerous confidential research documents, which according to her, shows that “Facebook …

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Stratis Completes Token Swap, Guns for Enterprise Blockchain Crown

Stratis Completes Token Swap, Guns for Enterprise Blockchain Crown

Blockchain technology company Stratis has concluded its latest major update, with STRAX tokens replacing their STRAT predecessors. The swap follows a vote that saw over 97.5% of token-holders green-light the proposal, setting the stage for a revised tokenomic structure, new incentive mechanisms and improved block times. In total, over 93 million STRAT tokens have been …

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Animoca Brands and Galaxy Interactive close new funding rounds

Animoca Brands and Galaxy Interactive close new funding rounds

Animoca’s blockchain & digital entertainment spin-off Animoca Brands and Galaxy Digital’s Interactive VC are the latest names to net capital through fundraising. NFT game developer Animoca Brands has raised $65 million in its most recent funding round, at a $2.2 billion pre-money valuation. The funding announced yesterday reflects the growth that NFT gaming and virtual …

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Twitter CEO Jack Dorsey Warns Hyperinflation Will Soon Happen in US and the World

Twitter CEO Jack Dorsey Warns Hyperinflation Will Soon Happen in US and the World

Twitter and Square CEO Jack Dorsey has warned that hyperinflation will soon happen in the U.S. and elsewhere in the world. “Hyperinflation is going to change everything. It’s happening,” he predicted. Many people disagreed with him, however. US Will Soon Experience Hyperinflation, Says Twitter CEO Jack Dorsey The CEO of Twitter and Square Inc., Jack …

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OTC crypto shops flood Hong Kong, but regulations may impact their presence

OTC crypto shops flood Hong Kong, but regulations may impact their presence

Hong Kong, one of the most significant and leading financial centers in the world, has played a large role in the development of cryptocurrencies. For instance, the Chinese territory has birthed some of the most established and successful crypto companies to date including the crypto derivatives exchange FTX, along with the digital asset platform Crypto.com.  …

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