Malaysia regulator warns of KuCoin, Binance clone - cyptoranking.com

2024-04-29

Popular crypto exchanges(2023 Update) 2024-04-29
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While proponents of decentralized exchanges champion the benefits of their peer-to-peer systems, DEXs have become a tempting target for cybercriminals. Circle also notes that provision of native Polygon USDC will enable low cost global payments and remittances as well as accessibility to trading, borrowing, and lending on leading DeFi protocols including Aave, Compound, Curve, Uniswap and Quickswap. Malaysia regulator warns of KuCoin, Binance cloneMonthly chart for ETH/BTC (Source: TradingView) Crypto Market Capitalization Rose 46% in H1 2023 But Still Down 48.5% From 2021 Close: KOFIU Report

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Bitcoin drives digital asset product inflows for the first time in 6 weeks: Report Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.NFTs are here to stay — just not as we once knew them HappyMiner-Guide to Make Money with Cryptocurrency Cloud MiningCross-chain Compatibility: Binance Smart Chain is compatible with the Ethereum Virtual Machine and supports pegged coins from other blockchains. Source: AdobeThe U.S. derivatives markets regulator Commodity Futures Trading Commission (CFTC) has charged three decentralized finance (DeFi) protocols, Opyn, Inc., ZeroEx (0x), Inc., and Deridex, Inc. with offering illegal derivatives trading.According to an official statement released on Thursday, these allegations stem from the utilization of blockchain-based protocols and smart contracts by the three firms to function as trading platforms, a practice that the CFTC deems unlawful. In response, the CFTC has issued cease-and-desist orders to Opyn, ZeroEx, and Deridex while imposing financial penalties. Opyn faces a penalty of $250,000, ZeroEx $200,000, and Deridex $100,000. All three companies have chosen to accept these terms as part of a settlement to resolve the charges.CFTC Accuses DeFi Protocols of Offering Leveraged and Margined Retail Trading CFTC Director of Enforcement Ian McGinley underscored the regulator's stance on DeFi activities, stating, "Somewhere along the way, DeFi operators got the idea that unlawful transactions become lawful when facilitated by smart contracts. They do not."The CFTC's familiarity with ZeroEx could be attributed to its employment of Jason Somensatto, who joined the agency's financial technology research division in 2021 after his tenure at 0x Labs. He currently serves as the Head of Policy in North America for Chainalysis.The allegations against all three companies center on their illegal offerings of leveraged and margined retail commodity transactions using digital assets, according to the CFTC.Opyn, primarily associated with the oSQTH token, faces additional charges related to failing to properly register as a swap execution facility, designated contract market, and futures commission merchant. The company also neglected to establish a customer identification program in compliance with Bank Secrecy Act requirements. Deridex, based in North Carolina, faces similar additional violations.Opyn, ZeroEx, Deridex Cooperate with CFTC to Settle ChargesDespite these allegations, Opyn, ZeroEx, and Deridex are said to have cooperated fully in the CFTC's investigation, leading to reduced financial penalties as part of the settlement.An account linked to the 0x app Matcha announced on Thursday that "both 0x and Matcha continue to operate with no problem."One CFTC commissioner expressed dissent regarding the enforcement actions. Commissioner Summer Mersinger raised concerns about the lack of evidence of customer funds misappropriation or victimization by the DeFi protocols targeted by the CFTC's enforcement actions. She called for greater engagement with the public rather than punitive measures in cases like these.DYDX Token Receives Full Community Support for dYdX Chain Integration

Bitcoin’s recent attempt to surge to higher prices faced a significant obstacle and was rejected. Interestingly, there has been a notable shift in sentiment among US investors and traders, as indicated by the Bitcoin Coinbase premium index. This metric measures the percentage difference between the Coinbase Pro price and the Binance price. Positive premium values indicate stronger buying pressure among US investors on Coinbase, while negative values indicate selling pressure. Gold Price Chart 7 Days. Source: GoldPrice Buy Bitcoin with Canadian Bank Wire TransferReferencing the Middle East crisis, this decline in Bitcoin Network Growth signals that non-crypto native investors are turning to other more familiar safe haven asset classes as economic uncertainty looms. ETH to $1,400 First

The wedge’s support line also coincides with the $0.00095 horizontal support area, increasing its significance. AWS offers cloud computing platforms and data storage services. In the gaming sector, it offers cloud gaming services, game servers, game security services, game analytics, video game artificial intelligence and machine learning offerings, to name a few. What is crypto? Use Crypto Mining to Get Passive IncomeProject Mariana also discovered some challenges for banks: “For example, the 24 hours a day 7 days a week availability of wCBDC may increase operational complexities for central bank.” Both cryptocurrencies exist for slightly different use cases and should not frankly compete. However, the popularity of Ethereum has pushed it into direct competition with all cryptocurrencies, especially from the traders’ perspective. The Ether token has eagerly lurked behind Bitcoin on lists of the leading cryptocurrencies by market cap since its introduction in mid-2015.

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