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Weekly overview

WEMIX token plunges 70% after it’s delisted by Korean exchanges

  • Post author:admin
  • Post published:November 25, 2022
  • Post category:Weekly overview

DAXA claimed that the circulating number of WEMIX exceeds what has been disclosed by Wemix, much to the chagrin of the issuers. South Korea’s largest crypto exchanges have announced they…

Continue ReadingWEMIX token plunges 70% after it’s delisted by Korean exchanges

Belgium says BTC, ETH and other decentralized coins are not securities

  • Post author:admin
  • Post published:November 25, 2022
  • Post category:Weekly overview

Belgium's take on what conditions must be met in order for a crypto asset to be classed as a security are in contrast to the views of U.S. Securities Exchange…

Continue ReadingBelgium says BTC, ETH and other decentralized coins are not securities

IMF calls for tighter crypto regulation in Africa as the industry unfolds

  • Post author:admin
  • Post published:November 25, 2022
  • Post category:Weekly overview

FTX's collapse is one of the reasons why countries in the region should adopt regulation, noted the monetary fund. The International Monetary Fund (IMF) is calling for increased regulation of…

Continue ReadingIMF calls for tighter crypto regulation in Africa as the industry unfolds

Ethereum developers decided on eight proposals for the Shanghai update

  • Post author:admin
  • Post published:November 25, 2022
  • Post category:Weekly overview

Among the main features of the Shanghai hard fork is Beacon Chain staked Ether (ETH) will be unlocked. Developers at the Ethereum foundation decided on eight Ethereum Improvement Proposals (EIP)…

Continue ReadingEthereum developers decided on eight proposals for the Shanghai update

Ether tests $1,200 but bears better positioned for $1.13B options expiry on Nov. 25

  • Post author:admin
  • Post published:November 25, 2022
  • Post category:Weekly overview

Bears are better positioned to profit roughly $215 million during November's Ether options expiry, putting pressure on ETH's price near a critical resistance level. No matter if one analyzes Ether's…

Continue ReadingEther tests $1,200 but bears better positioned for $1.13B options expiry on Nov. 25

Polkadot incentivizes its community to fight scams through an “anti-scam bounty”

  • Post author:admin
  • Post published:November 25, 2022
  • Post category:Weekly overview

Polkadot said it rewards community members in a consistent manner with bounties paid in USDC. Polkadot, a protocol that connects blockchains, has announced its latest initiative to help its ecosystem…

Continue ReadingPolkadot incentivizes its community to fight scams through an “anti-scam bounty”

BIS report finds uneven progress, differing motivations in African CBDC adoption

  • Post author:admin
  • Post published:November 25, 2022
  • Post category:Weekly overview

A survey of the continent’s central banks shows optimism about greater efficiency and inclusion, but several drawbacks remain; Nigeria already has an operational retail CBDC. Mobile money has been a…

Continue ReadingBIS report finds uneven progress, differing motivations in African CBDC adoption
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