What the EU's anti-money laundering regulations mean for crypto

    theblock 2023-03-27 59751 views NFT
    · MEPs look to adopt their anti-money laundering regulation bill on Tuesday in a joint committee vote. · Crypto payments, NFTs, DeFi and DAOs will be affected by the rules outlined in the bill. · Changes to the rules could still take place after the file enters inter-institutional negotiations. Crypto assets are featured in the European Union’s anti-money laundering package and have taken up considerable space in negotiations. On Tuesday, policymakers in two of the European Parliament’s committees overseeing the bill will vote on adoption of the text.

    New Record for Metaverse NFT Trading Volume Has Been Set Metaverse NFT Trading

    coinwire 2023-03-25 62609 views NFT
    Metaverse NFT Trading Non-fungible tokens have been dominating the market for recent years and have not set another ceiling-high record. Data reports published by the DaapRadar have unveiled that non-fungible token trading has increased across virtual worlds in the first quarter of 2023 totaling $311 million so far this year. The same data set has also unveiled that virtual land trading reached an all-time high this past quarter with 147,000 trades, this was made possible by platforms such as Yuga Labs’ Otherside and MG Land that dominated the space.

    Improving Bitcoin NFT marketplace infrastructure sets the stage for ecosystem growth

    cointelegraph 2023-03-25 47088 views NFT
    Bitcoin NFT inscription activity continues to rise and the launch of new BTC specific marketplaces could lay the groundwork for the next hype cycle. Bitcoin NFT inscription activity has remained strong with consistency in the daily number of NFTs inscribed on Bitcoin. At the same time, the infrastructure to foster Bitcoin trading is finally coming together with the development of wallets and marketplaces supporting Ordinals. NFT marketplaces, Gamma and Magic Eden, added support for Bitcoin NFTs this week. While the initial response of traders has been subdued, the activity is expected to pick up soon.

    Former FTX exec Brett Harrison thinks banks will compete for crypto business

    theblock 2023-03-15 49039 views NFT
    Brett Harrison, former FTX.US president and founder of Architect, said other banks will “come in and try to compete” for business from crypto companies. Recent developments will hasten the push into derivatives, Harrison told The Block’s Frank Chaparro. New banks will compete for business from crypto companies following the demise of Silvergate and Signature bank, former FTX.US president Brett Harrison said.

    5 basic principles of finance you should know

    cointelegraph 2023-03-11 40415 views NFT
    Discover the five basic principles of finance to improve your financial literacy, including, time value of money, risk management, compounding and more. Learning the principles of finance is essential for managing personal and business finances, making informed investment decisions and understanding the economy. Here are five basic principles of finance that you should know.

    LM Funding America, Inc. To Participate in The World Digital Mining Summit in Singapore on February 21, 2023

    Lm Funding America Inc 2023-03-10 60748 views NFT
    One of the Top Cryptocurrency Summits of the Year Opportunity to Develop Long-Term Strategic Partnership Arrangements TAMPA, Fla., Feb. 15, 2023 /PRNewswire/ -- LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today announced that the Company will be participating in the World Digital Mining Summit in Singapore on Tuesday, February 21, 2023.

    RETRANSMISSION: HIVE Blockchain Provides February 2023 Production Update

    Hive Blockchain Technologies Ltd 2023-03-10 31410 views NFT
    Vancouver, British Columbia--(Newsfile Corp. - March 3, 2023) - HIVE Blockchain Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: HBFA) (the "Company" or "HIVE") is pleased to announce the production figures from the Company's global Bitcoin operations for the month of February 2023, with 250 Bitcoin produced in February, and a current BTC HODL balance of approximately 2,340 Bitcoin mined utilizing computational power sourced from green energy. The Company notes it reached over 3 Exahash (EH) of Bitcoin mining capacity in February (all amounts in US dollars, unless otherwise indicated).

    ‘Blockchain needs IPv6’ in the interconnected world

    coingeek 2023-03-10 78254 views NFT
    IPv6 will give the world a more secure, more-connected internet. Bitcoin and IPv6 complement each other with similar transaction and packet header structures. The BSV blockchain is ideal for storing and managing data in the IPv6-enabled, everything-connected world. Exactly how this will come about was the theme for the IEEE 5G/6G Cybersecurity Digital Trust Summit at Mohammed B University in Rabat, Morocco, this week.


    Marathon Digital Holdings Inc 2023-03-10 40318 views NFT
    Prepayment Reduces Debt by $50 Million and Increases Unrestricted Bitcoin Holdings by 3,132 BTC FORT LAUDERDALE, Fla., March 08, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, has repaid its term loan and terminated its credit facilities with Silvergate Bank, reducing Marathon’s debt by $50 million and increasing the Company’s unrestricted bitcoin holdings by 3,132 BTC.

    Hut 8 Reports Operating and Financial Results for 2022

    Hut 8 Mining Corp 2023-03-10 63330 views NFT
    Strong annual revenue of $150.7 million including $16.9 million from the high performance computing business Bitcoin holdings increased 64.7% in 2022 to 9,086 at year end Achieved Adjusted EBITDA of $32.0 million in 2022 TORONTO, March 9, 2023 /CNW/ - Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) ("Hut 8" or the "Company"), one of North America's largest, innovation-focused digital asset mining pioneers, and high performance computing infrastructure provider, is pleased to announce its financial results for the year and quarter ended December 31, 2022. All dollar figures are in Canadian Dollars ("CAD"), unless otherwise stated.
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