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RoboFi News Review: Top Crypto News of the Week

This week’s news roundup is presented below.

Grocery retailer Pick n Pay to start accepting cryptocurrency payments

Pick n Pay (PIKJ.J), a prominent supermarket chain in South Africa, is expanding its trial program to accept cryptocurrency payments to new outlets. The declaration by the Financial Sector Conduct Authority that crypto assets are financial products paved the path for regulation and established bitcoin as a mainstream payment option in South Africa.

Binance CEO sees no threat to crypto from central banks’ digital currencies

According to the CEO of Binance, the largest cryptocurrency exchange in the world, central banks’ plans to introduce digital currencies are not a danger to other cryptocurrencies because they would legitimize blockchain technology and boost trust among skeptics.

Famed venture capital firm is latest critic in regulator’s case against Ooki crypto collective

There are three ways to look at the new amicus brief from the well-known venture capital firm Andreessen Horowitz in the unusual and controversial case against the Ooki crypto collective by the U.S. Commodity Futures Trading Commission. On the most basic level, the VC fund’s lawyers at Latham & Watkins have pointed out what they say is a technical flaw in the regulator’s plan to let Ooki token holders know about the lawsuit through a chat box and an online discussion forum..

Coinbase reports third-quarter loss as volumes drop

On Thursday, Coinbase Global Inc. (COIN.O), a cryptocurrency exchange based in the United States, announced a loss for the third quarter as high inflation, rising interest rates, and geopolitical tensions dampened demand for risky assets, reducing trading volumes for digital currencies like bitcoin.

Hivemapper starts issuing crypto tokens for vehicle dashcam footage

Starting this Thursday, drivers all over the world can install a dashcam and share their footage with a business based in San Francisco that is trying to steal away some of Google’s (GOOGL.O) street-level image buyers. Over 5,500 dashcams have been sold in 66 different countries, according to Hivemapper Inc, which in April revealed receiving $18 million from investors. Hivemapper’s drivers create Honey tokens as they photograph road signs and shops.

About RoboFi

RoboFi ( is a Defi platform that envisions a marketplace for revolutionary Dao crypto trading bots. Through its IBO (Initial Bot Offering) system, community members can maximize their earnings in an easy, simple, and secure way. We create a safe and transparent environment based on blockchain technologies that help developers bring crypto trading bot platforms to the market. In addition, individuals will have easy access to these bot applications, thereby generating more earning opportunities. RoboFi ecosystem is fueled by the VICS token.

About VICS

VICS token has a distinctive and enticing concept. VICS is the BEP-20 token, built on the Binance smart chain. It is a core utility token in the RoboFi ecosystem, the reliable crypto trading bot marketplace. One important utility is to own the governance token of DABots and participate in an IBO (Initial Bot Offering) to receive additional incentives. VICS is available on major exchanges for trading.

Official Link

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