Florida Regulator Takes Enforcement Action Against Bittrex Before Bankruptcy | Curated CoinCodeCap #7 July 2023
Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
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Florida Regulator Takes Enforcement Action Against Bittrex Before Bankruptcy
- The Florida Office of Financial Regulation is investigating Bittrex.
- The exchange allegedly later expressed its “disappointment” that the OFR had pursued enforcement action rather than allowing the company to renounce its license.
CFTC Finds Celsius and Former CEO Mashinsky in Violation of US Regulations
- Celsius Network reportedly violates US regulations before declaring bankruptcy.
- If the investigation’s conclusions are accepted by the CFTC commissioners, Celsius and Mashinsky may face legal action.
Largest Southeast Asian Bank Launches Digital Yuan Payment Solution
- The payment solution enables mainland Chinese businesses to receive payments in CBDC.
- The payment solution is exclusively available to corporate clients of DBS Bank China, allowing them to collect e-CNY from their customers and conduct automated settlements of the digital currency into their CNY bank deposit accounts.
AISC probes Binance Australia over derivatives activities
- ASIC’s investigation intended to evaluate Binance’s client categorisation in its derivatives business.
- This comes after the termination of Binance’s derivative licence in Australia in April, which forced the exchange to close down related operations.
Market Updates
XEC Coin: Coin Up By 80% in 1 Day
Cryptocurrencies are often touted as the future of money, but how many are used as a medium of exchange? Most of them need to be more volatile, slow, or complex to be adopted by the masses. However, one crypto aims to change that: XEC coin.
Uniswap Scam Warning : Executives Impersonated with a fake website
The cryptocurrency market has witnessed significant growth in recent years, with decentralized exchanges gaining popularity among traders and investors. Uniswap, one of the leading decentralized exchanges, has recently become a target for fraudsters looking to exploit unsuspecting users.
Hyperverse Crypto: Time travelling to zero
Hyperverse Crypto (HVT) is a cryptocurrency on the BNB Smart Chain (BEP20) network. It is the new name of the project formerly known as Hyperfund.
It offers a decentralized financial platform based on time travel and Metaverse concepts. HVT is a versatile governance token with various uses in the HyperVerse economy.
Refund Coin: Another Memecoin Pumped 1000%
Refund Coin (RFD) is a new ERC20 cryptocurrency minted on May 19, 2023. It is one of the many memecoins that have emerged in the second quarter of 2023, which some call the meme-coin season. However, unlike most memecoins based on popular internet memes or cultural trends, Refund Coin has a unique feature sets it apart from the rest: it offers a refund option to its holders.
Top 3 Penny Crypto Set to Breach $1: MAGIC, GHST, and MATIC
The crypto market is full of surprises and opportunities. New projects emerge daily with innovative ideas and solutions that can disrupt various industries and sectors. Some of these projects have the potential to become the next big thing in the crypto space and generate massive returns for their investors.
However, finding these hidden gems is not easy. You must do your research, analysis, and due diligence before investing in any crypto project. You must also be aware of the risks and challenges in the crypto market, such as volatility, regulation, competition, and hacking.
What is CGPT Coin and How to Buy CGPT Coin?
Artificial intelligence (AI) is one of the most disruptive and revolutionary technologies of our time, transforming various industries and sectors. Blockchain is another groundbreaking technology that has reshaped the world of finance, governance, and security. What if we could combine the power of AI and blockchain to create a new paradigm of crypto innovation?
PeiPei Crypto: Chinese Pepe Coin ?
PeiPei coin is a meme coin that has a fascinating origin. It is based on the Chinese version of Pepe the Frog, a popular cartoon character and internet meme.
5 Best Meme Coins to Buy This Summer
Pepe Coin recently gave over 20,000% returns to it’s investors and it can still give more. Launched in April 2023 as a homage to the Pepe the Frog meme, which is widely used on social media platforms such as Reddit and Twitter.
Non-fungible tokens (NFTs) have exploded onto the scene in recent years, with a wide range of industries and individuals taking notice. From digital art and collectibles to music and even real estate, NFTs have disrupted traditional notions of ownership and value.
But with the market becoming increasingly crowded and prices soaring to dizzying heights, many are wondering whether this is just a passing fad or a sustainable trend.
In this article, we’ll take a closer look at the current state of the NFT market and explore the factors driving its growth and potential risks to be aware of.
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