Monthly Archives: October 2021

BitBay Scores in Estonia’s New Regulations

BitBay is now the first crypto CEX to clear Estonia’s new (tough) regulatory rules BitBay cryptocurrency exchange (CEX) is now licensed to operate full-fledgedly in Estonia. Complying even with the toughened new Estonian crypto industry rules, Bitbay is a European trading platform. Bitbay has just cleared an independent audit confirming its “solvency, security and fiscal responsibility.” BitBay has[Read more…]

29 S. Korean CEXs Comply w/New Regulation—37 to Close

29 S. Korean crypto exchanges are now ISMS-certified The wait is over! After flagging the looming regulatory non-compliance by 40 South Korean cryptocurrency exchanges (CEXs). We reported that 28 CEXs have fulfilled preliminary compliance requirements. Now, the long-awaited clarity in regards to the regulatory compliance by South Korean CEXs has arrived. Thoroughly complying with the Korea FIU’s (KoFIU) September[Read more…]

PancakeSwap Officially Launches its NFT Marketplace, Takes on NFT Industry

Fresh from launch, the PancakeSwap NFT marketplace has already taken a place among the top-ranked marketplaces. Marketplace is Up and Running The much anticipated PancakeSwap  Non-fungible Token (NFT)  Marketplace is now live. Initially scheduled for launch on the birthday of PancakeSwap – September 22nd, the marketplace eventually got flagged off eight days later:‍ PancakeSwap lined up two phases for its marketplace.[Read more…]

DeRace to Launch Stables Marketplace Exclusive to Token Holders

GameFi is growing on Binance Smart Chain, and DeRace is one of the numerous GameFi protocols experiencing tremendous growth. NTF Horses Prepared on Stables Marketplace  The DeRace  Non-fungible Token (NFT) Stables marketplace will open on October 3rd, and DeRace exclusively invites $DERC holders to participate in the sale of NFT horses.  DeRace game designers and developers have been working to[Read more…]

Binance Smart Chain Processes 10x Transactions at a Fraction of Ethereum Costs

The research confirmed what Binance Smart Chain users already know: BSC is hugely scalable and affordable, especially when compared to Ethereum. Scalability The independent research from Nansen shows that transaction costs on Binance Smart Chain (BSC) are around a tenth of those on Ethereum, even while processing ten times the transaction volume. These advantages have led to incredible growth[Read more…]

Lossless DeFi Helps Recover $16.7M of CREAM Finance Exploit

CREAM Finance was more than happy to part with bounty after pivotal Lossless assistance returns funds. Lossless Offers Helping Hand Lossless have exemplified what they are capable of offering vulnerable protocols after helping CREAM Finance secure significant loss. With the successful execution of a bug bounty, should this become the norm? In securing the return of the[Read more…]

PancakeSwap Opens PancakeSquad NFT Presale to Gen 0 Holders

After much anticipation, PancakeSquad NFTs is set to hit the market this October. PancakeSquad NFT is Finally Here!  PancakeSwap will hold its highly anticipated Non-fungible Token (NFT) presale exclusive to Gen 0 Pancake Bunny holders. This means that only holders of the Pancake Bunny NFT will be able to participate in the presale.  The NFT presale is for the protocol’s[Read more…]

Binance Hires Former IRS Special Agent as VP of Global Intelligence

The recruitment of a seasoned investigator could improve Binance’s regulatory issues. Former Special Agent Joins Binance Binance has engaged the services of a cyber-crimes expert, in a move that will boost the exchange’s regulatory compliance.  In a blog post on September 30th, Binance announced the addition of Tigran Gambaryan to its team, naming him the Vice president of its[Read more…]

NFT Redefined: DeHorizon launches “DeMeta” NFT to build up interoperability

DeHorizon will launch the first Interoperable, Editable, and Evolvable NFT “DeMeta Pass ID” (DeMeta). The invention does help to propel the Metaverse ahead in terms of open, interconnected, connecting, and establishing user-generated networks. The current NFT market and its pain points The NFT method has grown in popularity as a means of unlocking the potential[Read more…]

SafeSwap Listed the Vacay Token

What is Vacay.Finance? Revolutionizing the way you travelPay for your flight, book a hotel, rent a car, and reserve all of your leisure activities. The main principle and goal of Vacay is to make cryptocurrency payments a mainstream option for international travelers. Given the accelerated proliferation and adaptation of cryptocurrencies, Vacay assesses the tourism, travel,[Read more…]