Abra settles with SEC over unregistered securities charges

CEO of cryptocurrency exchange Binance, Changpeng Zhao, has hinted at the creation of a new fiat-to-crypto exchange in Argentina in a tweet sent on March 9.The tweet was in reply to a piece published by crypto news website CoinSpice. The article in question concerned the agreement between the government of Argentina with Binance Labs, the…

Back in 2019, an estimated 99% of crypto-asset transfers took place on centralized exchanges (CEXs), according to the number that was used by main crypto critic Nouriel Roubini. CEXs are likely to remain a central fixture of the crypto trading landscape for the foreseeable future. CEXs are fast and convenient, but typically require traders to…

On Oct. 28, NFT Steez, a bi-weekly Twitter Spaces hosted by Alyssa Expósito and Ray Salmond, met with Web3 content writer, Julie Plavnik to discuss the importance of self-sovereignty while building a digital identity in Web3. Plavnik references author Gavin Wood when describing Web3 and says that “communication” is a core tenant in the subsequent iteration…

“This funding mechanism will allow us to widen our donor base and reach a new generation of supporters,” said Corazón Latino founder Felipe Benitez. 134 Total views 2 Total shares An organization that supports communities in times of need employs the helping hands of crypto to open the doors for a “broader swath of philanthropists.”Powered…

Securing seed money for blockchain startups is a tricky business in normal times, but with a pandemic raging, it’s really touch-and-go. Private investors have been walking away from startup deals lately, looking to conserve working capital in uncertain economic times. But fortuitously, governments and government-like entities have been rushing in to fill the gaps.Richard Fetyko,…

UFC fighter Matheus Nicolau is moving to the Bitcoin paycheck to hedge against inflation and secure the value of his hard work. 83 Total views 16 Total shares Ultimate Fighting Championship fighter Matheus Nicolau is the latest world-famous athlete to opt to receive his fight earnings in the largest cryptocurrency, Bitcoin (BTC).The eighth-ranked UFC flyweight…

The UK's Competition and Markets Authority wants to prevent AI from being used to undermine consumer trust. 86 Total views 2 Total shares There is a “real risk” that the artificial intelligence industry could develop in a way that could end up with only a few firms dominating the market, while consumers are bombarded with

At the World Economic Forum panel discussing digital currencies, the conversation topics included Central Bank Digital Currencies (CBDCs). Calibra’s David Marcus highlighted that regardless of the nature of digital currency, these discussions are key to innovate cross-border payments and solve the issue of the unbanked.Retail CBDCs for consumer accessBenoît Coeuré, head of the Bank of…