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FTX Europe, Binance Crypto Payments, Dogecoin Trademark and More News

FTX Europe, Binance Crypto Payments, Dogecoin Trademark and More News

Source: AdobeStock/prima91

Get your daily digest of crypto-asset and blockchain-related news – by investigating stories that fly under the radar in today’s crypto news.

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Trade news

  • Crypto exchange FTX announcement his FTX Europe which will establish its presence in Europe and the Middle East, and added that it has obtained the approval of the Cypriot financial market regulator CySEC via its ftx.com/eu domain. FTX Europe will now begin offering key FTX products and services to European clients through a licensed investment firm with passportable licenses in the European Economic Area, they said.
  • Binance announcement the launch of Bifinity as an official fiat-to-crypto payments provider. Bifinity supports more than 50 cryptoassets globally, all major payment methods, cryptocurrency service for consumers, and low-cost payment processing fees for merchants, they added.

Regulatory News

  • the Dogecoin Foundationa community behind the Dogecoin (DOGE) project, has trademark the Dogecoin name and logo with the European Union Intellectual Property Office. They Explain that this is not intended to prevent its use in memes, but bad faith representations that can potentially be used to extort the real developers and the Dogecoin community.
  • Know Your Customer (KYC) and Anti-Money Laundering (AML) Screening Software as a Service block pass and crypto exchange Crypto.com to have announcement a partnership to provide identity verification. Crypto.com will post information and updates on Blockpass’s native PASS token, while Blockpass will build an “Identifier NFT” system on the Chronos blockchain (launching PASS on Chronos at the same time) to bring support for transactions compliant with the Chronos ecosystem.

Portfolio news

  • Ethereum (ETH) Smart Wallet Money officially launches its Layer 2 solution which is supposed to offer cheaper and faster transactions without any compromise on security, by Tech Crunch.

Blockchain news

  • Digital sports games and entertainment company DraftKings announced that he has joined the Polygon (MATIC) as a validator and node operator, as what they say is the first time a major publicly traded company has taken an active role in blockchain governance. DraftKings has partnered with a B2B digital asset infrastructure provider Zero hash to become one of Polygon’s 100 validators, they added.

Mining News

  • Bitcoin (BTC) miner Cipher mining abandoned his purchase plan Bitfury platforms this year, saying it aims to be more flexible. The company had previously pre ordered 28,000 to 56,000 Bitfury mining rigs at a maximum price of $6,250 per machine.
  • Malaysian National Electricity Utility Tenaga National Bhd. proposed a special tariff for bitcoin mining operators as part of the fight against electricity theft, by Bloomberg. He also proposed that the Energy Commission encourage bitcoin mining operators to request a legal supply of electricity.
  • HIVE Blockchain Technologies Ltd. at announcement supply agreement with intel company to purchase new high-performance ASIC chips that will be integrated into state-of-the-art mining equipment that will be custom-built for HIVE. She also entered into a letter of intent with Compute North LLC to house 100 megawatts of mining capacity in one of their new renewable energy data centers in Texas – HIVE’s first mining operation in the United States.

NFT news

  • American healthcare company SVC Health at deposit a branded app that flags potential plans to offer non-fungible tokens (NFTs) and health services in virtual and augmented reality. However, this does not necessarily mean that the giant is about to move to the metaverse.
  • trading card company Topps sold the first edition of the company’s “Topps Timeless Series”, an NFT of New York Yankees slugger Mickey Mantle’s famous 1952 baseball card, for 175 ETH (456,500 USD) in a OpenSea auction. The “The Mick” collection is officially licensed by major league baseball (MLB) and sold in cooperation with Mantle Estate.
  • Children’s Film and Television Company Fun with dolphins partners with the Ethereum NFT collection flower girls to create scripted and unscripted television series, books, games, music, events and merchandise inspired by the NFT Collection, by Variety. The NFT collection has 10,000 unique works of art by artist Varvara Alay.

Investment News

  • Australian NFT start-up Immutable said it raised $200 million in a Singapore-led Series C funding round Temasek at a valuation of $2.5 billion. They added that the funds will be used to fuel Immutable’s global expansion plans, accelerate the company’s growth by investing in the Immutable X platform, and scale the Immutable game studio.
  • Famous talent manager Scooter Braun has quietly sold a waterfront home in Austin, Texas, for about $18 million to blockchain startup CEO Wayne Vaughan Tierionreported the Wall Street Journal, citing a person familiar with the matter.

Career news

  • Security Token Exchange ADDX at appointed investment banking veteran Oi-Yee Choo as new CEO, pending approval of the Monetary Authority of Singapore (MAS). The company expects total transaction volume to grow to $1 billion by the end of 2023 from $150 million by the end of 2021 in response to this.