A group of 18 companies linked to the bitcoin ecosystem announced, on February 16, the establishment of a plan to comply with the new FATF “travel rule”. The informationposted on the Coinbase blog, announces the launch of Travel Rule Universal Solution Technology (TRUST)an initiative that seeks to respond to the anti-money laundering (AML) data submission requirements recommended by the Financial Action Task Force (FATF) and pre-established by the Financial Crimes Enforcement Network (FinCEN). The objective is to comply with a series of recommendations that the FATF published in 2019 and that oblige cryptocurrency platforms to provide information about their clients,…
Author: Crispin Castillo
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Key facts: MixMob, a Metaverse game raised $7 million in its latest funding round. Play-to-earn play will reward creativity and flair as well as skill and reflex. Vancouver, February 17, 2022.- MixMob is a Metaverse game powered by Solana at Remix Culture. The game combines play-to-earn with user-generated content and has raised $7 million in its latest funding round. In a round led by Defiance Capital, a DeFi-focused fund, MixMob received investment from several leading venture capital firms. Notable firms include Ascensive Assets, Not3lau Capital, IOSG, and notables like Kieran Warwick, Co-Founder of Illuvium, Loi Lui, Co-Founder. de Kyber and…
Key facts: The percentage of commission income from miners fell to 34.25%. Despite the drop in income, Ethereum miners remain active. The commissions paid by each Ethereum user have been falling recently, which has led to a reduction in the income of the miners of this network. According glass nodea firm dedicated to the analysis of different aspects of the world of cryptocurrencies, the percentage of profits that an Ethereum miner receives from commissions fell to 34.25%, its lowest point so far this month. A couple of days ago this value had reached 34.35%, but this new fall becomes, for…
A Russian invasion of Ukraine was presented as an imminent fact by the president of the United States, Joe Biden, and other high officials this Thursday, February 17, which precipitated a fall in the main actions of the US stock market and the market of the cryptocurrencies. Bitcoin posted an 8% decline this Thursday and is hovering above $40,000. The surprise appearance at the United Nations this Thursday by the United States Secretary of State, Anthony Blinken, and the declarations of President Biden on a potential incursion “in a matter of days”, they set off all the alarms among investors…
Trading bitcoins (BTC) and other cryptocurrencies on decentralized exchanges and other peer-to-peer (P2P) trading is the best thing a user can do if they don’t want their funds frozen. That is the recommendation from the CEO of centralized exchange Kraken, Jesse Powell. He maintains that if the Canadian government demands information from his clients, he will have to give it 100% and, in addition, could block accounts and freeze funds. Powell made the comment in a response on Twitter. Initially, he had uploaded a video of Canadian Deputy Prime Minister Chrystia Freeland, who reported that the Mounted Police handed over…
Key facts: The cost per transaction on Ethereum has dropped 35% in the last month, according to explorer Etherscan. The least activity on the network can be the kick of your gas reduction. The cost per transaction of Ethereum (gas) has been going down for the last six weeks. Although it has not yet reached the lows it registered in mid-2021, the drop it has achieved this year is notable. According to the Etherscan data explorer, it has precisely managed to reduce by 35% from January 10 to February 18, 2022. This lower gas scenario could attract new users, although…
So far Costa Rica has only six bitcoin ATMs. However, the management of the convenience store chain Delimart has considered placing several of these machines in some of its 15 stores, all located in the capital, San José. The first team is already active in the establishment of the G24 gas station, in Guachipelín de Escazú. the cashier alone accept cash colones to buy up to 300 dollars in bitcoin that the user will receive in his personal digital wallet. Flavia Loeb, general manager of Delimart commented that, at the moment, the team is only available to acquire bitcoin, but…
Within the framework of the legislative elections, scheduled for March 13, which will allow Colombians to elect new members of Congress, candidates for the Senate participated in a virtual debate organized by AsoBlockchain. Edward Rodríguez, congressman and candidate for the Democratic Center party; and Didier Carrillo, from the Colombia Justa Libre and Mira Coalition, expressed their opinions. Both agreed that one of the priorities for the advancement of the ecosystem in the South American country is the establishment of a non-punitive regulatory framework. The laws must be clear, they say, adapted to the reality of the market so that its…
Key facts: 87% of people prefer a metaverse based on decentralized blockchains, like Decentraland. The virtual worlds of playing to win cryptocurrencies are preferred by young people. Facebook, now Meta, probably wants to own the data of users who enter its metaverse, but young people are not willing to give it up. That was what was revealed by a survey that consulted the opinion of 1,000 American consumers interested in interacting in virtual worlds. an overwhelming 87% prefer to enter metaverses based on decentralized blockchainslike Decentraland, built on top of Ethereum. The survey conducted by Advokate, a group founded by…