Cryptocurrency News

AshSwap the first stable-swap DEX Launches on MultiversX Mainnet

AshSwap the first stable-swap DEX Launches on MultiversX Mainnet

[ad_1] Ho Chi Minh City, Vietnam, 11th February, 2023, Chainwire AshSwap, the first stable-swap DEX on the MultiversX blockchain (previously Elrond Network), is officially launching on the MultiversX mainnet on February 17. The DEX will seamlessly bridge critical DeFi functions and provide tighter spreads with a fraction of the liquidity on MultiversX. In November 2021, […]

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Web2 and Web3 tools are merging as crypto-backed debit cards

Web2 and Web3 tools are merging as crypto-backed debit cards

[ad_1] As the use of crypto-backed debit cards becomes more widespread, there is an ongoing consolidation of Web2 and Web3 solutions. Bit2Me, the most important cryptocurrency exchange in Spain, made a statement on February 10 about the launch of its new cashback debit card, which was developed in collaboration with Mastercard. The original Bit2Me card

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Bitcoin miners as energy buyers, explained

Bitcoin miners as energy buyers, explained

[ad_1] To power their mining operations, Bitcoin miners either purchase electricity from conventional and renewable energy sources or develop and run their own renewable energy facilities, turning them into energy consumers. Miners typically purchase electricity from energy providers, such as utility companies or independent power producers, to mine BTC. They then use that electricity to

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“Paternalistic and Lazy”: SEC Commissioner Blasts Agency Crackdown on Kraken

“Paternalistic and Lazy”: SEC Commissioner Blasts Agency Crackdown on Kraken

[ad_1] Key Takeaways The SEC is forcing Kraken to shut down its staking services in the United States, claiming the platform failed to properly register the program. SEC Commissioner Hester Peirce disagrees with the decision. She argued that Kraken wouldn’t have been able to register its products with the SEC even if it had wanted

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Ground Handling Firm to Use a Blockchain Document Solution at 28 Saudi Airports – Blockchain Bitcoin News

Ground Handling Firm to Use a Blockchain Document Solution at 28 Saudi Airports – Blockchain Bitcoin News

[ad_1] The Kingdom of Saudi Arabia-based airport ground handling services firm, Saudi Ground Services, has said it plans to implement a blockchain-based document solution that allows it “to issue over 10,000 digital documents annually including licenses.” According to the firm’s Ayman Alghamdi, using this solution allows SGS to not only easily verify documents and licenses

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BNX to undergo 1:100 split to give major boost of investor confidence for BinaryX games and products

BNX to undergo 1:100 split to give major boost of investor confidence for BinaryX games and products

[ad_1] Singapore, Singapore, 9th February, 2023, Chainwire BinaryX, a Gamefi and IGO platform, today announced it will split its token, BNX. The decision was made after the project team ran a DAO vote and received overwhelmingly unanimous support (99.5%) to conduct the split. The exact timeline for the split will be announced on BinaryX’s social

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SEC to Keep Close Watch on Crypto Brokers and Advisers

SEC to Keep Close Watch on Crypto Brokers and Advisers

[ad_1] This year, cryptocurrency brokers and financial advisors that provide or provide advice regarding cryptocurrencies will be brought within the jurisdiction of the United States Securities and Exchange Commission (SEC). In a statement released on February 7, the Division of Examinations of the Securities and Exchange Commission (SEC) outlined its priorities for the year 2023.

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Kraken to end its crypto-staking services in the U.S. – here’s why

Kraken to end its crypto-staking services in the U.S. – here’s why

[ad_1] Kraken is ending crypto-staking services to settle with the U.S. SEC. It will also pay $30 million in penalties as part of that settlement. The development casts doubt upon Coinbase that also offers staking. Kraken – the U.S. based crypto exchange was in focus today on reports that it’s bringing down the curtain on

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