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With BlockFi, Celsius under the radar now, what next for crypto-regulations

Source Node: https://ambcrypto.com/with-blockfi-celsius-under-the-radar-now-what-next-for-crypto-regulations/
Time Stamp: September 24, 2021 4:30 AM - Modified On: September 24, 2021 - Published By:
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Republished By Plato

The New Jersey Bureau of Securities has once again delayed the enactment of the cease-and-desist order it had issued for new interest accounts with crypto-lender BlockFi. The firm announced the extension on Twitter. It is the third time such a delay has come to pass after the regulator initially issued the order back in July. This was followed by a host of other state regulators issuing similar orders against the crypto-firm over its offerings. According to these agencies, these offerings fall under the definition of a security. Now, while BlockFi

Crypto industry can grow to $15 trillion, former Binance.US CEO says 

Source Node: https://bitcoinerx.com/blockchain/crypto-industry-can-grow-to-15-trillion-former-binance-us-ceo-says/
Time Stamp: September 21, 2021 4:51 PM - Modified On: September 21, 2021 - Published By:
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Republished By Plato

In the recently held SALT Conference, former Binance.US chief executive officer Brian Brooks said that the crypto industry could be a $15 trillion industry in the future. He added that with the current trend and phase of crypto adoption, this size is not an impossible feat.  The conference was attended by hedge fund managers and officials from banks, asset management companies, and compliance entities.  According to Brooks, the current size of the crypto industry has already reached $2 trillion, and while this may sound already huge, he said that this

With a ‘ready to go’ ecosystem, does Polkadot have a shot at the $250-$350 range

Source Node: https://ambcrypto.com/with-a-ready-to-go-ecosystem-does-polkadot-have-a-shot-at-the-250-350-rage/
Time Stamp: September 15, 2021 7:30 PM - Modified On: September 15, 2021 - Published By:
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Republished By Plato

Polkadot, the 8th largest token has been surging for a while now. Steady development and strong fundamentals significantly contributed to a rally toward a new all-time high ($49.80). Consider this plot- DOT is up 356% YTD. Source: CoinMarketCap Meanwhile, the flagship token witnessed a 256% recovery over the last 56 days, as per Trading View. Although the token, at press time is trading just shy of the $37 mark (down by almost 23% from its ATH)- different analysts remain bullish. For instance, crypto analyst Lark Davis took to Twitter to shed

Altseason or not, here’s what separates and makes Bitcoin ‘better than the rest’

Source Node: https://ambcrypto.com/altseason-or-not-heres-what-separates-and-makes-bitcoin-better-than-the-rest/
Time Stamp: September 7, 2021 8:30 PM - Modified On: September 7, 2021 - Published By:
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Republished By Plato

Bitcoin remains unbeatable as far as adoption is concerned. However, over the years, many competing blockchains have surpassed Bitcoin on the fronts of network functionalities and scalability. This has even lead to many youngsters terming it as the “boomer coin” since it is now invested in more by institutions, big-ticket players, and seasoned investors. On the other hand, altcoins, although speculative and risky, have the potential to offer greater returns with their exponential surges. Ergo, it’s no surprise that these are being preferred by many young risk-takers. That is not

Launchpool Labs Debuts Football-Based NFT Card Game ‘NiftyFootball’

Source Node: https://beincrypto.com/launchpool-labs-debuts-football-based-nft-card-game-niftyfootball/
Time Stamp: September 2, 2021 8:00 AM - Modified On: September 2, 2021 - Published By:
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Republished By Plato

Launchpool Labs announced their latest venture NiftyFootball, a non-fungible token platform for Football collectibles. Sponsored Sponsored NiftyFootball, a new football-based NFT collectible game, has been announced by Launchpool Labs. Through the game, players buy and sell random packs of digital cards for collecting and trading. Akin to the traditional paper trading card experience. Each NFT represents a fictional player with various traits which make up the “DNA” of that trading card. The platform utilizes the same ERC-721 standard used in other NFT games like CryptoKitties. Sponsored Sponsored Unlike similar platforms like Sorare,

The Altcoin Evolution – Part IV: The Challenges – The Sales Pitch

Source Node: https://www.newsbtc.com/news/the-altcoin-evolution-part-iv/
Time Stamp: August 27, 2021 8:42 PM - Modified On: August 27, 2021 - Published By:
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Republished By Plato

With the ever-changing landscape of tech development and crypto innovation, regulation tends to lag behind in order to have time to react to what’s happening. Many altcoin projects are currently growing exponentially as they are exploring largely untouched use cases. As the tech continues to proliferate and expand, more and more “problems” are arising that require solutions.  This obviously provides more space for viable contenders to occupy in a crowded market. This provides a robust growth argument for many altcoins, but there is a catch. The giant growth gains are

Axie Infinity Maker Reminds Players to Pay Taxes

Source Node: https://thedefiant.io/axie-taxes/?utm_source=rss&utm_medium=rss&utm_campaign=axie-taxes
Time Stamp: August 27, 2021 3:35 PM - Modified On: August 27, 2021 - Published By:
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Republished By Plato

Axie Infinity, the gigantically popular play-to-earn game in the style of Pokemon, is helping gamers supplement their incomes and even make a living. Now the maker of the game and regulators are reminding users internet money will not free them from the tax man.  That seems to be the message behind a tweet from Sky Mavis, the company that makes the Axie universe, in which it wrote, “Sky Mavis encourages Axie community members to abide by the laws of their home countries.”The comment was posted shortly after a report in the

What is Star Atlas? (POLIS & ATLAS)

Source Node: https://www.asiacryptotoday.com/star-atlas/
Time Stamp: August 27, 2021 2:14 PM - Modified On: August 27, 2021 - Published By:
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Republished By Plato

Star Atlas held its IEO in FTX last January 26. This full guide talks about the inner workings of the Star Atlas platform. In the past year alone, we have witnessed an immense rise in blockchain-based gaming projects. The unique combination of gaming and traditional financing has become quite appealing to a community of blockchain enthusiasts. The introduction of titles like Yield Guild Games and Binamon has truly legitimized the decentralized gaming sector. Star Atlas and other gaming projects alike have shown the importance of non-fungible tokens (NFTs) for a

Dexalot Ready for Mainnet After Successful Testnet Launch

Source Node: https://beincrypto.com/dexalot-ready-for-mainnet/
Time Stamp: August 27, 2021 1:00 PM - Modified On: August 27, 2021 - Published By:
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Republished By Plato

What is Dexalot? Dexalot is the first decentralized exchange with a central limit order book on the Avalanche blockchain platform. Sponsored Sponsored The Avalanche community has started testing the application in early August and it will be available on mainnet in the third quarter of 2021. With functionality and interface features that rival centralized exchanges, it is fast and easy to use. Sponsored Sponsored Dexalot runs on an on-chain central limit order book reaping the inherent benefits of blockchain technology’s non-custodial, decentralized, and permissionless nature. Key characteristics of Dexalot Central

Tai Hing Announces 2021 Interim Results

Source Node: https://www.acnnewswire.com/press-release/english/69066/
Time Stamp: August 27, 2021 7:50 AM - Modified On: August 27, 2021 - Published By:
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HONG KONG, Aug 27, 2021 - (ACN Newswire) - Tai Hing Group Holdings Limited ("Tai Hing Group" or the "Group"; stock code: 6811), a multi-brand casual dining restaurant group with roots in Hong Kong and a network of more than 220 restaurants in Hong Kong, Mainland China, Macau, and Taiwan, has just announced its interim results for the six months ended 30 June 2021 ("1H2021" or the "Review Period").RESULTS HIGHLIGHTS-- Revenue increased by 16.4% to HK$1,532.7 million in 1H2021 (1H2020: HK$1,316.9 million) though both markets in Hong Kong and Mainland China still saw challenges

The NFT Avatar Trend Is About Community

Source Node: https://decrypt.co/79071/cryptopunks-bored-apes-nft-avatar-trend-is-about-community-building
Time Stamp: August 21, 2021 8:56 AM - Modified On: August 21, 2021 - Published By:
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Republished By Plato

Have you heard? NFTs are hot again. The media (both crypto media and mainstream media) declared NFTs dead in June, citing data that showed sales volume had dropped precipitously at the largest NFT sites. But now the market for blockchain-based digital collectibles has come roaring back (along with the price of Ethereum), especially one segment of the NFT boom that probably looks particularly bizarre to skeptical onlookers: cartoon animal collections. Pudgy Penguins hit $11 million in daily sales volume. Bored Apes hit a floor (the cheapest price for one NFT)