Leverage

This crypto ad exec tells us how the industry will evolve and why transparency is so important

Source Node: https://cryptoslate.com/this-crypto-ad-exec-tells-us-how-the-industry-will-evolve-and-why-transparency-is-so-important/
Time Stamp: September 28, 2021 6:00 AM - Modified On: September 28, 2021 - Published By:
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CryptoSlate recently had the opportunity to chat with Milo McCloud, the co-founder of Paradox Group, a well-known crypto advertising firm that works with some of the biggest names in blockchain.What is the professional background of the Paradox founders and what is their previous experience in crypto?I am a blockchain, fintech, and cryptocurrency specialist focusing on growth opportunities for companies in these sectors.Prior to co-founding Paradox Group, I worked in investment sales and marketing, as well as having represented Great Britain in Alpine Skiing as an international athlete.My co-founder, Paul Burnham,

Phemex: Trade simply and manage risks efficiently

Source Node: https://ambcrypto.com/phemex-trade-simply-and-manage-risks-efficiently/
Time Stamp: September 27, 2021 6:15 AM - Modified On: September 27, 2021 - Published By:
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The Phemex exchange was founded in 2019 by a group of experienced Wall Street executives who wanted to build a professional and transparent crypto trading platform with a customer-centric approach. Phemex empowers its users to access the right set of tools in order to manage risks associated with trading crypto. The Phemex Story The team chose the name Phemex in order to highlight their dedication to building a trustworthy trading platform. Pheme is the Greek god of fame which represents the public voice, while MEX stands for mercantile exchange. Together,

DSFR: Transforming retail and eCommerce sector using blockchain technology

Source Node: https://ambcrypto.com/dsfr-transforming-retail-and-ecommerce-sector-using-blockchain-technology/
Time Stamp: September 24, 2021 7:15 AM - Modified On: September 24, 2021 - Published By:
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Blockchain technology has been revolutionary in different sectors of the global economy, including finance, education, supply management and health. In addition, the innovative concepts of cryptocurrencies and their efficiency in creating fast, cheap cross-border transactions have expanded the potentials of blockchain technology.  The retail industry is a billion-dollar industry that has largely been unaffected by the impact of blockchain technology, despite the wide popularity of cryptocurrencies. However, an innovative blockchain platform, Digital Swiss Franc (DSFR), is looking to change this by modernizing the retail sector.  An innovative blockchain protocol  Digital

FCA and Bank of England to Deploy Blockchain for Regulatory Reporting

Source Node: https://beincrypto.com/fca-bank-england-blockchain-regulatory-reporting/
Time Stamp: September 24, 2021 3:22 AM - Modified On: September 24, 2021 - Published By:
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The U.K.’s Financial Conduct Authority and the Bank of England will deploy a blockchain network to handle regulatory reporting.Sponsored Sponsored The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), will launch a blockchain network with the intention of enhancing regulatory reporting. One of the driving factors behind the deployment of blockchain technology is to reduce the costs of compliance checks. The Bank of England will also participate in this initiative. The effort was revealed by FCA Chief Executive Nikhil Rathi, who was speaking at the Mansion House gathering in

pNetwork suffers from cyberattack

Source Node: https://bitcoinerx.com/blockchain/pnetwork-suffers-from-cyberattack/
Time Stamp: September 23, 2021 7:15 AM - Modified On: September 23, 2021 - Published By:
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pNetwork, a decentralized finance (DeFi) platform, has recently announced on Twitter that its platform has been compromised and suffered from a major cyber attack.  “We’re sorry to inform the community that an attacker was able to leverage a bug in our codebase and attack pBTC on BSC, stealing 277 BTC (most of its collateral),” pNetwork tweeted.  But even if the platform came under attack, pNetwork clarified that all the other funds under its care remained unaffected. The company said that it has already identified the exact damages that were done

Prisma Analytics, Dell Technologies and CryptoDATA Tech will host the official launch of Edain utility token

Source Node: https://bitcoinsinireland.com/prisma-analytics-dell-technologies-and-cryptodata-tech-will-host-the-official-launch-of-edain-utility-token/
Time Stamp: September 21, 2021 9:19 AM - Modified On: September 21, 2021 - Published By:
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Prisma Analytics, Dell Technologies and CryptoDATA Tech will host the official launch of Edain utility token Prisma Analytics GmbH, Dell Technologies, and CryptoDATA Tech have teamed up for an innovative project and announce the online launch of their utility token called EDAIN on September 29th, marking the start of the pre-sale period. The EDAIN launch event aims to raise awareness for decision-makers that seek to leverage data into actionable knowledge. It will be an exclusively online event, as it will be transmitted live on the Edain website starting 17:00 (UTC).

BIS Tests CBDCs for International Settlements Between Several Countries

Source Node: https://beincrypto.com/bis-tests-cbdcs-for-international-settlements-between-several-countries/
Time Stamp: September 2, 2021 8:30 AM - Modified On: September 2, 2021 - Published By:
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The Bank for International Settlements (BIS) is cooperating with several countries to test the use of central bank digital currencies (CBDCs) for international settlements.Sponsored Sponsored In participation are the central banks of Australia, Malaysia, Singapore and South Africa. The experiment could lead to a more efficient global payments platform. ‘Project Dunbar’ Led by BIS’ Singapore Center, “Project Dunbar” aims to develop prototype shared platforms for cross-border transactions using multiple CBDCs. This would allow financial institutions to transact directly with each other using the digital currencies. Consequently, this would eliminate the

Crypto Derivatives ‘Somewhat Misunderstood,’ Says FTX CEO

Source Node: https://beincrypto.com/crypto-derivatives-somewhat-misunderstood-says-ftx-ceo/
Time Stamp: August 31, 2021 9:45 AM - Modified On: August 31, 2021 - Published By:
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Crypto exchange FTX CEO Sam Bankman-Fried believes that crypto derivatives are a “somewhat misunderstood area.”Sponsored Sponsored “People will note that derivatives trade more volume in crypto than spot, which is true,” the 20-year-old crypto billionaire said. “But that is true of every asset class in the world.” Bankman-Fried explained that derivatives make markets more efficient. This is because they provide further liquidity, while providing exposure to investors who don’t necessarily want to own the assets. He admitted that derivatives like crypto futures can sometimes facilitate leveraged positions that lead to

Turkey: This Dogecoin mining scam may have duped investors to the tune of $119M

Source Node: https://ambcrypto.com/turkey-this-dogecoin-mining-scam-may-have-duped-investors-to-the-tune-of-119m/
Time Stamp: August 27, 2021 3:30 PM - Modified On: August 27, 2021 - Published By:
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The crypto-community has long been plagued by scams and frauds. Especially since people have often come up with ingenious ways to rip users off their crypto-holdings. A recent example from Turkey is a case in point. According to Turkish media reports, a scam involving Dogecoin has allegedly amassed fraudsters $119 million in deposits. Local channel TV100 broke the news earlier this week, revealing that the fraudster, “Turgut V,” is now on the run with all the funds. Along with his 11 associates, “Turgut” apparently tricked about 1,500 Turkish citizens into

Crypto Hacker’s Data Vulnerable to FBI Through Palantir Glitch

Source Node: https://beincrypto.com/crypto-hackers-data-vulnerable-to-fbi-through-palantir-glitch/
Time Stamp: August 27, 2021 11:40 AM - Modified On: August 27, 2021 - Published By:
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A glitch in the Palantir system allegedly allowed the FBI  unauthorized access to data on a crypto hacker case from 2019. Sponsored Sponsored The Peter Thiel-founded AI company, Palantir faced unwelcomed news.  A new report claims the artificial intelligence giant faced a glitch in their secretive software program used by the FBI. Such a mishap allowed the FBI unauthorized access to private data for over a year.  Clients of this power intelligence software include the CIA, US immigration agency ICE, and the FBI among others. Sponsored Sponsored The accusation came from a

Visa invests $150,000 in NFT CryptoPunk Asset

Source Node: https://cointelegraph.com/news/visa-invests-150-000-in-nft-cryptopunk-asset
Time Stamp: August 23, 2021 9:26 AM - Modified On: August 23, 2021 - Published By:
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Credit card giant Visa has made a substantial splash on its emergence into the nonfungible token (NFT) space with a $150,000 acquisition of a CryptoPunk, the collective of digital artworks that pioneered the mainstream culture of the space back in 2017.In a blog post announcement released on Monday, Cuy Sheffield, head of crypto at Visa and self-proclaimed NFT enthusiast, shared his views on the value of purchasing NFT assets in the digital economy, the vast growth of the market in the past few years, as well as Visa’s commercial incentives in this