Next-Generation DOMINO DEX to Dominate Web3 With Imminent Launching

Dec 3, 2022

press release PRESS RELEASE. Global blockchain technology organization ABBC Foundation announced a new crypto trading hub through its next-generation decentralized exchange (DEX) – DOMINO. Target launching of the DEX is on July 18, 2022. ABBC Foundation declared that DOMINO will boast enhanced security protocols to facilitate a safe and efficient trading environment. DOMINO DEX will allow its users to have the freedom to take advantage of low trading costs, no additional fees, and no mi ...read more

‘World War III Has Begun,’ Says Gerald Celente; Plus, Long-Term BTC Predictions and Scorching US Inflation — Bitcoin.com News Week in Review

Dec 3, 2022

Trend forecaster Gerald Celente told Bitcoin.com News that “World War III has begun,” weighing in on Covid-19, crypto, the Great Reset, and gold in an exclusive interview. Jordan Belfort, aka the Wolf of Wall Street, talked long-term BTC investing, as scorching inflation in the U.S. continues to plague Americans, though Biden’s White House says the latest numbers are “out-of-date.” All this and more in your bite-sized digest of this week’s hottest stories from Bitcoin.com News. ...read more

Preference For Ripple XRP Surges Among BSC Whales

Dec 3, 2022

There has been a long ongoing lawsuit between Ripple (XRP) and the United States Securities and Exchange Commission (SEC). Throughout the case, Ripple’s native token, XRP, has not seen any progressive growth. This stagnation in its price move has lingered even before the emergence of the extreme crypto winter. But things seem to be taking a dramatic twist for XRP recently. With the ruling of the case, the price of XRP is positively waking. Also, the crypto coin is gradually becoming the le ...read more

3 NFT Utilities That Will Aid the Market's Recovery

Dec 3, 2022

The recent market collapse has affected all aspects of cryptocurrency, and non-fungible tokens are no exception. The floor price of the majority of NFT collections has decreased by almost 80% during the past few months. Many investors are confused. What if all the hype surrounding NFTs was just a fad based on pure speculation? Worse, several industry reports say that wash trading was a big reason why the NFT sector grew so quickly the year before.Even so, musicians are coming up with new and int ...read more

South African Crypto Investors and Service Providers Told of Legal and Tax Implications of Central Bank’s Plan

Dec 3, 2022

South African tax consultancy firm Tax Consulting SA, has said the recent announcement by the central bank — that will start to regulate cryptocurrency in 12 to 18 months — has legal and tax implications for both crypto investors and organizations providing intermediary services. The firm, however, says the South African Reserve Bank (SARB) “will not interfere in the investment decisions made by crypto investors.” Intermediaries Must Register as Financial Services Providers Accordi ...read more

Sri Lanka’s Central Bank Warns About Crypto Amid Severe Economic, Political Crisis

Dec 3, 2022

Sri Lanka’s central bank issued a warning regarding the use of cryptocurrencies amid a devastating economic and political crisis. The central bank stressed that it “has not given any license or authorization to any entity or company to operate schemes” involving cryptocurrencies. Sri Lanka’s Central Bank Issues Notice About Cryptocurrency The Central Bank of Sri Lanka (CBSL) published a notice about cryptocurrency Tuesday titled “Public Awareness in Relation to the Use of Virtual ...read more

Bitcoin Bearish Signal: Exchange Netflows Spike Up

Dec 3, 2022

On-chain data shows the Bitcoin exchange netflow has observed a sharp positive spike recently, a sign that could be bearish for the crypto’s price. Bitcoin All Exchanges Netflow Spikes Up Following 9% Inflation Report As pointed out by an analyst in a CryptoQuant post, exchanges have recently seen a large amount of BTC deposits. The “all exchanges netflow” is an indicator that measures the net amount of Bitcoin entering or exiting wallets of all centralized exchanges as a whole ...read more

India Calls on G20 to Bring Crypto Within Global ‘Automatic Exchange of Information’ Framework

Dec 3, 2022

India’s finance minister has called on the G20 countries to bring crypto within the “Automatic Exchange of Information” framework. More than 100 countries have adopted the Common Reporting Standard under the framework. G20 Urged to Bring Crypto Under Automatic Exchange of Information India’s finance minister, Nirmala Sitharaman, talked about cryptocurrency Friday during the G20 Ministerial Symposium on Tax and Development in Bali, Indonesia. Noting that “tax transparency” is an ...read more

Vietnam’s Blockchain Industry Faces Shortage of Talent

Dec 3, 2022

The booming blockchain sector in Vietnam is having to deal with a serious deficit in specialists, local media revealed. Despite the large number of software engineers in the country, those with blockchain expertise meet less than a fifth of the current demand, with businesses already looking for talent abroad. Fierce Competition for Blockchain Experts Among Vietnamese Companies Vietnam is facing a lack of human resources hampering the advance of projects in its rapidly developing blockcha ...read more

Over Half of This Year’s Financial Pyramids in Russia Involved Crypto, Bank of Russia Finds

Dec 3, 2022

A majority of the financial pyramids identified in 2022 used cryptocurrencies in one way or another, Russia’s central bank announced in a new report. Amid Western sanctions, Russian scams have stepped up their activities, often claiming to be licensed by foreign authorities to offer access to crypto assets. Russian Pyramids Take Advantage of Western Sanctions and Popularity of Crypto Over 56% of the pyramid schemes in the Russian Federation during the first half of the year, or 537 entit ...read more

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