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Top Banks in South Korea Select CenterPrime And Chainlink To Bring FX Rates Data to DeFi

Top Banks in South Korea Select CenterPrime And Chainlink To Bring FX Rates Data to DeFi

Top banks in South Korea have selected Chainlink and CenterPrime to bring a blockchain-enabled decentralized finance solution for foreign exchange rates.

Top Three Advantages of the Forex Trading Profession

Top Three Advantages of the Forex Trading Profession

There are also many other foreign exchange markets where you can start trading but the Forex market has many advantages. If you know and understand the Forex market then you won’t be able to quit trading in the market. Most people choose the Forex market as it gives higher chances to make a profit than in the other foreign exchange markets. In this article, you will be able to discover the advantages of Forex trading so make sure you read the full article.

Block.one Settles with SEC to the Tune of $24 Million

Block.one Settles with SEC to the Tune of $24 Million

Blacksburg startup Block.one has agreed to pay $24 million (HK$ 188 million) in fines to settle the allegations of unlawfully selling its ICO (initial coin offering) to US investors. The blockchain company had raised several billion dollars between 2017 and 2018 by selling its own digital currency.

Conflux to Bring Uniswap v3 and Curve to China's Public Blockchain

Conflux to Bring Uniswap v3 and Curve to China's Public Blockchain

Conflux, the only regulatory-compliant blockchain in China, has proposed deploying Uniswap v3 on its network alongside CNH (offshore Chinese Yuan) stable currency, and joining the Curve Wars with its mainnet token CFX bridged to Ethereum mainnet, known as eCFX. This proposal comes after Binance's announcement that it will support Conflux Network's (CFX) mainnet integration. The hope is to attract more initiatives, establish liquidity pools to facilitate the exchange of CFX tokens, and implement incentives that promote liquidity, ultimately increasing the network's worth and usage.

Crypto CEO Arrested in New York for Wire Fraud Offences

Crypto CEO Arrested in New York for Wire Fraud Offences

Eddy Alexandre, the founder and CEO of EminiFx has been arrested by law enforcement agents as he faces charges bothering on one count each of commodities and wire fraud respectively.

BitMEX Seeks to Connect Forex Market and Crypto Innovation through FX Perps

BitMEX Seeks to Connect Forex Market and Crypto Innovation through FX Perps

Crypto exchange BitMEX has launched the first-ever FX perpetual swap contracts (FX perps) that will enable users to trade the most sought-after foreign currency pairs 24/7, irrespective of whether the forex market (FX) is closed or not.

Conflux (CFX) v2.4.0-testnet Hardfork Upgrade Announcement

Conflux (CFX) v2.4.0-testnet Hardfork Upgrade Announcement

Conflux announces v2.4.0-testnet hardfork upgrade. Upgrade nodes before May 30, 15:00 (GMT+8).

Conflux (CFX) Announces v2.4.0 Testnet Hardfork Upgrade

Conflux (CFX) Announces v2.4.0 Testnet Hardfork Upgrade

Conflux (CFX) initiates a mandatory hardfork upgrade to v2.4.0 on its testnet, introducing several key CIPs.

Chainlink (LINK) Achieves New Record High - What's Next?

Chainlink (LINK) Achieves New Record High - What's Next?

Chainlink (LINK) hit a new record-high of $42.19 today, amid the oracle network's partnership with fintech company NCFX.

Malaysia's National Stock Exchange Conducts Blockchain PoC to Digitize Bond Market

Malaysia's National Stock Exchange Conducts Blockchain PoC to Digitize Bond Market

Malaysia’s national stock exchange, Bursa Malaysia will conduct a blockchain Proof-of-Concept (PoC) dubbed "Project Harbour" to explore the DLT management of the country’s bonds market.

Nigerians Set to Enjoy Remittances at 1% Cost Through the Strategic Partnership Between Dash And Bitfxt

Nigerians Set to Enjoy Remittances at 1% Cost Through the Strategic Partnership Between Dash And Bitfxt

According to the report, this partnership is meant to ensure that Nigeria's crypto-enthusiasts enjoy remittances at a very affordable rate. While Dash is deemed as a leading digital asset for remittances and international payments with secure, fast and affordable transactions, BITFXT a Nigerian exchange with the goal of bringing more liquidity to the Nigerian crypto market. The recent development indicates that the team has decided to bridge the gap in remittances for Nigerians through the use of Dash at a 1% cost.

Hong Kong SFC Finalizes Regulatory Framework for Virtual Asset Trading Platforms

Hong Kong SFC Finalizes Regulatory Framework for Virtual Asset Trading Platforms

The Securities and Futures Commission (SFC) of Hong Kong concluded a consultation period today, revealing the finalized regulatory requirements for operators of virtual asset trading platforms licensed by the SFC.

TP Global FX Broker Taps Belfrics International to Trade Crypto Derivatives

TP Global FX Broker Taps Belfrics International to Trade Crypto Derivatives

TP Global Limited is a major FX Broker that strives to help traders earn on their investments. The FX broker is currently seeking to take advantage of the rising popularity of blockchain/cryptocurrencies services.

HSBC and Wells Fargo Utilize Blockchain Technology, Enhancing Foreign Exchange Transactions

HSBC and Wells Fargo Utilize Blockchain Technology, Enhancing Foreign Exchange Transactions

HSBC and Wells Fargo have formed a strategic agreement to use a settlement ledger powered by blockchain technology when undertaking foreign exchange (FX) transactions meant to minimize settlement risk.

iFinex Proposes $150 Million Share Buyback from Bitfinex Hack Victims

iFinex Proposes $150 Million Share Buyback from Bitfinex Hack Victims

iFinex, Bitfinex's parent company, plans a $150 million share buyback to re-acquire shares given as compensation for a 2016 hack. The offer follows a valuation surge from $120 million in 2016 to $1.7 billion, providing an exit route for investors. Shareholders have until October 24 to respond to the buyback offer.

DeFi Platform DFX Finance Says it Has Been Hacked for $7.5M

DeFi Platform DFX Finance Says it Has Been Hacked for $7.5M

The stablecoin platform DFX Finance is the latest victim of a $7.5 million hack

EminiFX CEO Sentenced to Nine Years for $240 Million Crypto Fraud Scheme

EminiFX CEO Sentenced to Nine Years for $240 Million Crypto Fraud Scheme

EminiFX CEO, Eddy Alexandre, sentenced to nine years for defrauding investors of $240M through fabricated returns and false AI trading claims.

Binance to Support Upcoming Network Upgrades for Shentu and Conflux

Binance to Support Upcoming Network Upgrades for Shentu and Conflux

Binance plans network upgrades and hard forks for Shentu and Conflux Network next week, suspending deposits and withdrawals, but reopening once stable.

ETH Merge Will Propel Narrative of Cryptos Being Eco-Friendly: Head of Sales at Moneycorp

ETH Merge Will Propel Narrative of Cryptos Being Eco-Friendly: Head of Sales at Moneycorp

Once Ethereum shifts to a PoS consensus mechanism, validators will replace miners in the confirmation of blocks because they will use the staked Ether. As a result, prompting a more cost-efficient and environmentally friendly approach.

Cross-Asset Exchange Platform DIFX Acquires Additional License from EU Regulator

Cross-Asset Exchange Platform DIFX Acquires Additional License from EU Regulator

With the new license from the EU regulator, DIFX is well-positioned to serve clients in European markets.

Ripple’s Partner Santander Bank Won’t Use XRP for International Payments Due to Low Adoption

Ripple’s Partner Santander Bank Won’t Use XRP for International Payments Due to Low Adoption

Santander Bank, a major European financial presence and one Ripple’s most prestigious partners is reportedly hesitating to add XRP to its international payments network - One Pay FX

FXCM Managing Director: Bitcoin or Forex? Customers Just Want to Trade What is Moving

FXCM Managing Director: Bitcoin or Forex? Customers Just Want to Trade What is Moving

FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading, spread betting and related services. Founded in 1999, the company's stated mission is to provide global traders with access to the world.

Committee on Payments and Market Infrastructures Develops Criteria for Wholesale Digital Tokens

Committee on Payments and Market Infrastructures Develops Criteria for Wholesale Digital Tokens

A new report reveals that the CPMI will list out a criterion for the design of wholesale digital tokens in terms of their usage in whole transactions.

Beware of an Overseas Crypto Scam, Thai Regulator Stipulates

Beware of an Overseas Crypto Scam, Thai Regulator Stipulates

The Thai Securities and Exchange Commission (SEC) has discovered a crypto scam where overseas companies are involved.

Fortex Launches Crypto Non-Deliverable Forwards

Fortex Launches Crypto Non-Deliverable Forwards

Fortex Technologies, a globally recognized multi-asset trading provider, has announced the expansion of its crypto services to include crypto non-deliverable forwards (NDFs), as well as an institutional platform for cryptocurrencies and digital assets.

Ten Malaysians Arrested for Unlawful Bitcoin Investment Event

Ten Malaysians Arrested for Unlawful Bitcoin Investment Event

Ten Malaysians have been arrested in Chiang Mai, Thailand, and charged with illegally running a business that encourages Chinese nationals to invest in Bitcoin without a valid license.

5G, FoodTech, Biotech? Unveiling Top Surprising Portfolios by eToro

5G, FoodTech, Biotech? Unveiling Top Surprising Portfolios by eToro

Following Part 1 of our conversation, Lee shares with us some interesting thematic portfolios in eToro’s “Copy Portfolio” feature. He also revealed the significance of the acquisition of Delta and Firmo in the development of eTorox and tokenized market.

Paxos—Regulated and Rising above Trustless Tether and Lost Libra

Paxos—Regulated and Rising above Trustless Tether and Lost Libra

In this second part of our interview with Cascarilla, he explains why the PAX stablecoin is ultimately superior to Tether and gives his thoughts on Facebook’s Libra project and the nature of money.

Allianz Advances with Blockchain-Based Token System

Allianz Advances with Blockchain-Based Token System

As the growing adoption of blockchain technology approaches the mainstream enterprises, the insurance giant, Allianz has also entered the blockchain sector.

Ripple (XRP) Price to Skyrocket and “Completely Annihilate” Every Other Altcoin, says Analyst

Ripple (XRP) Price to Skyrocket and “Completely Annihilate” Every Other Altcoin, says Analyst

The demand for Ripple’s cryptocurrency, XRP is set to skyrocket as the US regulation of cryptocurrencies are clarified. Ripple currently relies on the power of the ISO20022 standardization within RippleNet.

Bitcoin Bull Run to Take a Breather Before Further Price Surges and Volatility Ahead, Gold Surges Past $2,000

Bitcoin Bull Run to Take a Breather Before Further Price Surges and Volatility Ahead, Gold Surges Past $2,000

Bitcoin price surged past $12,100 on Aug 2, reaching its all-time high in 2020 so far. Since Bitcoin’s bull run on Sunday, Bitcoin appears to be consolidating before its next jump.

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