Rep. Maxine Waters has put forth the suggestion that Ms. Kristin Johnson, who currently serves as a Commissioner of the US Commodity Futures Trading Commission (CFTC), be nominated for the position of Assistant Secretary for Financial Institutions at the US Department of Treasury. Waters highlighted Johnson’s expertise in financial regulation and her dedication to maintaining
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In a recent Town Hall meeting at Otherside, it was revealed that Yuga Labs has formed a strategic partnership with Improbable, a renowned technology company specializing in virtual world infrastructure. This partnership will result in Otherside being migrated to Improbable’s MSquared network, sparking considerable enthusiasm within the community. As a metaverse, Otherside offers a shared
In the fast-paced world of Web3, innovation and creativity are key drivers of success. One of the industry pioneers leading the way is Imaginary Ones, a blockchain-based platform that is reshaping the landscape of art, storytelling, and community engagement. With their recent milestone of 2 million downloads for their mobile game Bubble Rangers, Imaginary Ones
The current landscape of the cryptocurrency industry is undergoing a significant transformation, with the emphasis on compliance becoming more crucial than ever. Former Binance CEO, Changpeng Zhao, recently highlighted the importance of adhering to regulatory guidelines, stating that “compliance is super important.” This acknowledgment comes after Zhao’s own legal troubles and subsequent sentencing to four
The recent market crash has brought about significant changes in the cryptocurrency space, with Arweave (AR) experiencing an 18.7% drop in its token value. This decline is part of a larger market downtrend that has seen Bitcoin’s price decrease by 7%. The Relative Strength Index (RSI) for AR is currently at 27, indicating oversold conditions.
The native token for Ethereum Layer 2 scaling solution Optimism (OP) has experienced a 4% decrease in the last 24 hours. The current price of Optimism stands at $2.39, marking a 1% decline in the past hour. Over a seven-day period, the token has dropped by 3.7%, although it remains 7.2% more valuable than it
Verasity, a leading ad-tech company in the blockchain space, has recently announced a groundbreaking partnership with Creo Engine, a rapidly expanding web3 gaming platform. This partnership aims to integrate VeraViews’ innovative video player functionality and in-game rewards into Creo Play’s extensive gaming library. With this collaboration, both companies are paving the way for the future
As the Cardano (ADA) price struggles and falls out of the global top 10 crypto rankings, investors are left wondering if it is still worth holding onto their ADA holdings. The current price of ADA hovers just above $0.50, down close to 3% on the day. Despite a recent rebound from mid-month lows, ADA’s market
In response to the rapid growth and increasing complexity of the digital assets industry, the Hong Kong Securities and Futures Professionals Association (HKSFPA) has called for the establishment of independent self-regulatory organizations (SRO) dedicated to overseeing this sector. The initiative aims to enhance the regulatory landscape in Hong Kong to support innovation and security within
The decision by B3, a Brazilian stock exchange, to include Bitcoin futures in its offerings has caused a significant stir in the cryptocurrency community. After the official opening of trades on April 17, B3 experienced an overwhelming demand for Bitcoin futures, indicating a strong interest from Brazilian investors in cryptocurrency derivatives. On the debut trading