Cryptocurrency exchange Binance announced plans on Jan. 18 to enhance its local presence in Poland while remaining compliant with local regulations. Binance Poland sp. z o.o., Binance’s Polish entity, will adhere to Polish regulatory standards for virtual asset service providers (VASPs), which requires Polish users to sign new terms and conditions with Binance Poland, in order to continue using the company's services. Witam, Poland #Binance is fully compliant with Polish regulatory standards for virtual asset service providers (VASPs). This registration enables #Binance to provide crypto asset exchange and custody services in the country. — Binance (@binance) January 18, 2023 Kyrylo …
According to a press release published on Jan. 18, U.S.-based capital markets advisory and token offering platform Deal Box has launched a new $125 million venture capital arm dedicated to blockchain and Web 3.0 startups. The fund, dubbed Deal Box Ventures, will invest in companies categorized in the emerging growth, real estate, fintech, funtech, and social impact fields. Commenting on today's development, Thomas Carter, founder and chairman of Deal Box, said: "Deal Box Ventures is an important milestone in our journey to invest in the most promising and disruptive blockchain startups, providing them with the tools and funding ecosystem they …
Blockchain technology has long been a part of the revolution in global supply chain management and the agricultural business. However, as the world continues to face the adverse effects of global warming and the increasing need to change how companies approach natural resources, this technology has an even larger role to play. Deforestation is one of the main contributing factors to the rapid increase in the net global temperature. Forests make up an essential part of the flora and biological diversity of the planet, and as industrialization and urbanization set in, deforestation is becoming an evident problem. Blockchain technology and …
Crypto security is one of the hottest topics right now, as users wish for a much less turbulent 2023. Against the backdrop of a somewhat troublesome 2022, crypto enthusiasts are now more aware than ever that their assets need to be protected. To aid in users' efforts to keep their investments safe, one browser-based extension is revolutionizing the space. Web3 Antivirus is a simple and easy-to-use plugin that allows users to analyze and monitor smart contracts before interacting with them. To get a complete overview of what Web3 Antivirus brings to the table, tune into an AMA session with the …
Decentralized finance (DeFi) is on its way from becoming a small niche within the financial industry to something traditional finance (TradFi) is trying to incorporate. In an interview with Cointelegraph at the World Economic Forum (WEF) in Davos, Switzerland, Emin Gun Sirer, the co-founder and CEO of Ava Labs, spoke on DeFi’s role in TradFi ecosystems and what users can expect in a future where both are on center stage. Sirer stressed that the purpose of DeFi is not to attack or be an enemy to TradFi, but rather complement it, at least initially. “I don’t think DeFi is meant …
Perpetual futures vs. traditional futures One of the main features of perpetual futures contracts is that they never expire compared to traditional futures contracts. In traditional futures contracts, a tangible commodity, such as gold, must be delivered in accordance with the contract’s terms and conditions when the futures contract expires. As a result, the gold must be handled physically, adding to the carrying costs — i.e., the cost of storing gold. The time period between the present period and the prospective settlement time of the contract will also affect the gold’s price. As the gap increases, the potential future price …
The World Economic Forum (WEF) in Davos, Switzerland, brings together global leaders and thinkers across various industries to hone in on global issues each year. As the world of crypto and blockchain continues to push into the mainstream view, it, too, has become a topic of discussion at the legacy event. Cointelegraph editor-in-chief Kristina Lucrezia Cornèr moderated a panel on Jan. 17, which touched on sustainability efforts in the blockchain industry. Even though not all panelists come from the same background, they unanimously highlighted education and learning as the key way to drive sustainability in emerging technologies during "The emergence …
The world's first cryptocurrency Bitcoin (BTC) is one day away from matching its historic 15-day win streak if its positive price movement keeps up. In November 2013 Bitcoin posted a 15-day consistent positive price movement, the longest in its history. ₿REAKING: #Bitcoin price has increased 14 days in row — A single day away from making a historic new record! pic.twitter.com/qclJhikcds — Documenting ₿itcoin (@DocumentingBTC) January 17, 2023 Right now, BTC is on day 14 of its win streak, hitting four-month highs in the process. One more day of upwards price movement will match its 2013 streak. If it continues …
Controversial Fox news television host Tucker Carlson has proposed a curious conspiracy theory that seeks to link airline delays in the United States and Canada with a surge in the Bitcoin price. He suggested the computer outage behind the widespread delays may have been caused by ransomware and theorized the US Government may have bought a large amount of Bitcoin to pay the ransom. However he did not provide any evidence for his claims. Speaking on his “Tucker Carlson Tonight” segment of Fox News on Jan. 17, Carlson argued that the Bitcoin (BTC) price increased 20%+ soon after the U.S. …
Despite a wave of heavy crypto layoffs to start the new year, employees in technical and engineering roles, as well as senior management, will likely continue to see “strong demand” for their skills, recruitment professionals believe. It’s been a tough first few weeks of 2023 for crypto businesses and their staff. Within just two weeks, the market has already seen more than 1,600 crypto-related job cuts as a result of continued market volatility and uncertainty. However, not all departments have seen the same level of cuts. SAFU: Senior-level tech and engineering Rob Paone, founder and CEO of crypto recruitment firm …
Ethereum layer-2 scaling solution Polygon, joined hands with Xternity, a Web3 gaming development platform, to migrate and onboard a multiplayer Web3 game — Synergy Land — to the Polygon network from Solana. As blockchain platforms, Solana focuses primarily on scalability and cost-cutting, while Polygon allows for seamless interaction with the Ethereum ecosystem. To help transfer Synergy Land’s resources onto the Ethereum Virtual Machine (EVM) chain, Xternity proposed a process — via its network migration tool — that can be used to migrate games or projects across chains. Speaking about Xternity’s goal to accelerate Web3 game development, co-founder and CEO Sagi …
Simply trading carbon credits, on the blockchain or otherwise, won’t solve a lot for the environment as companies must understand why they’re using them and how to make a real impact, carbon blockchain executives argue. During a panel session in Davos, Switzerland, moderated by Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr on Jan. 16, several executives from carbon blockchain platforms spoke about the increasing interest from companies in carbon trading. Karen Zapata, the COO of carbon blockchain platform ClimateTrade, said that sustainability had been a “trending topic” with many companies keen to get involved, but said that many still don’t understand it. …