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” Goldman Sachs completes first OTC crypto options trade with Galaxy “ American investment bank Goldman Sachs continues to expand its cryptocurrency trading expertise by executing its first-ever over-the-counter (OTC) crypto options trade. Goldman Sachs executed its first OTC crypto transaction in collaboration with the trading unit of Michael Novogratz’s cryptocurrency investment management firm Galaxy Digital….
” EU vote on Bitcoin mining: What does it mean for the industry? “ Proof-of-work (PoW) crypto mining won’t be banned in the European Union — not this year at least. That’s the conclusion from last week’s closely watched committee vote in the European Parliament (EP). A last-minute amendment presented by an ad hoc coalition…
” Crypto users in Africa grew by 2,500% in 2021: report “ Cryptocurrency adoption in Africa is on the march, despite socioeconomic factors and headwinds. A positive report by cryptocurrency exchange KuCoin shows that crypto transactions increased by up to 2,670% in 2022. An astonishing growth trend, the steep influx relates to the low values…
” Amid conflict, NFT projects already seek to rebuild Ukraine “ The recent invasion of Ukraine has put the world in a state of uncertainty, turmoil and geopolitical risk. Volatility in the global financial markets has caused immense losses to millions of investors. With rising global inflation, fear of tapering liquidity, and increasing interest rates…
” VC Roundup: NFTs, crypto mortgages, 5G network and Web3 devs raise millions “ The cryptocurrency market has failed to make significant headway in recent months, but that hasn’t stopped the industry’s builders from building. Nonfungible tokens (NFTs), crypto mortgages, blockchain-powered cellular networks and Web3 gaming have all piqued the interest of venture capitalists. These…
” BlockFi confirms unauthorized access to client data hosted on Hubspot “ New Jersey-based crypto financial institution BlockFi confirmed a data breach incident via one of its third-party vendors, Hubspot. BlockFi’s proactive warning about the breach aims to deter the intentions of bad actors in repurposing the user data for fraudulent activities. According to the…
” Binance tells regulators it will cease operations in Ontario… for real this time “ Binance confirmed in an undertaking to the Ontario Securities Commission, or OSC, in Canada dated March 16 that the crypto exchange will cease activities involving Ontario residents. Binance will also stop opening new Ontario accounts and provide fee waivers and…
” Stranded no more? Bitcoin miners could help solve Big Oil’s gas problem “ The energy usage and environmental impact of Bitcoin (BTC) mining have been frowned upon and been under the scanner by various international financial institutions. The International Monetary Fund (IMF) mentions how Bitcoin mining consumes “vast amounts of computing power and electricity.”…
” ‘How I met Satoshi’: The mission to teach 100M people about Bitcoin by 2030 “ Dušan Matuska is — among many other things — a Bitcoin educator and consultant. The Slovak’s dream is to educate 100 million people about Bitcoin by 2030 through talks, podcasts, webinars, workshops and even a Bitcoin education center in…
” Australian competition regulator takes Meta to court over fake crypto ads “ The Australian Competition and Consumer Commission (ACCC) is taking Meta Platforms, Inc. (formerly Facebook) to the Federal Court, alleging that the firm and its Irish branch engaged in “false, misleading or deceptive conduct” by publishing scam celebrity crypto ads. Some users have…