How Pionex’s Trading Bots Can Help Manage Risk

Post Views: 429 Despite the recent maelstrom of bad news, the fundamental innovations behind crypto are sound: reimaging finance as more decentralized, independent, digital, and accessible. So as investors wade through the current moment, there are simple steps they can take with Pionex to weather the storm and reduce risk. Pionex makes the risk management…

The New Eminem and Snoop Dogg Music Video Showcases Bored Ape Avatars

Post Views: 308 The prominent rap stars Eminem and Snoop Dogg released a new music video that showcases the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection. The duo’s latest single called “From the D 2 The LBC” debuted at this year’s Apefest, an annual gathering for BAYC and Mutant Ape Yacht Club (MAYC)…

Report: Morocco’s Central Bank to Unveil Crypto Regulation Bill Soon

Post Views: 371 The Moroccan central bank is presently working on a cryptocurrency regulation framework bill and according to the bank’s governor, Abdellatif Jouahri, this is set to be introduced soon. The regulatory framework being worked on will result in Morocco’s money laundering and anti-terrorism financing regulations being upgraded. A Moroccan central bank committee is…

Reports Claim Russia Defaulted on Foreign Debt for the First Time in a Century, Kremlin Disagrees and Says It Paid

Post Views: 305 According to reports, the Russian Federation has defaulted on its foreign debt for the first time since 1918. Bondholders told the press that they had not received payments from the transcontinental country. However, Russia’s finance ministry denies the allegations and says the country made the payments via the Euroclear monetary system. Now…

Report: $4B in Bitcoin Mining Loans Are in Distress — JPMorgan Analyst Says Price Pressure Stems From Miner Sales

Post Views: 301 Cryptocurrency-related lending has become a black smudge for the industry these days and according to a recent report, bitcoin’s low price has put billions in mining loans under stress. The report, which quotes the co-founder of mining company Luxor Technologies, Ethan Vera, says that roughly $4 billion in loans backed by crypto…

SEC Chair Gensler Affirms Bitcoin Is a Commodity — ‘That’s the Only One I’m Going to Say’

Post Views: 371 The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says bitcoin is a commodity. He emphasized that the SEC, the Commodity Futures Trading Commission (CFTC), and banking regulators will collaborate to oversee the crypto sector. SEC Chairman Gary Gensler clarified his position on cryptocurrency, particularly bitcoin, in an interview…

Mining Ban Sparks Negative Reactions From Iran’s Crypto Community

Post Views: 346 The recently reintroduced seasonal ban on cryptocurrency mining has provoked backlash from the local crypto community. This week, the country’s power distribution company ordered miners to suspend activities citing electricity shortages during the hot summer months. Some Iranians believe that removing the cryptocurrency miners from the equation would have little effect…

Binance Announces New Payments Partner Amid Fiat Deposit and Withdrawal Suspension in Brazil

Post Views: 363 Binance has chosen a new payments partner amid the suspension of direct fiat deposits and withdrawals in Brazil. The company stated it will now work with Latam Gateway, a payments processing company that has been in the payments intermediation business since 2019. Binance reported it would be working to normalize the fiat…

Mark Zuckerberg Expects Billions of People to Use the Metaverse Generating Massive Revenue for Meta

Post Views: 327 Mark Zuckerberg, CEO of Meta, formerly Facebook, has shared how the metaverse will be a key part of his business and bring hundreds of billions of dollars in revenue. “Our playbook over time has been build services, try to serve as many people as possible,” said Zuckerberg. Mark Zuckerberg, the…