Kategorie: Allgemein

• A bankruptcy judge ruled that Binance.US should go ahead to complete its $1 billion acquisition of Voyager Digital.
• The US Department of Justice requested the court to halt the deal, but Judge Michael E. Wiles said pausing it would hurt Voyager clients.
• Binance was originally approved to acquire Voyager for $1 billion in December 2022 and the deal is now set for execution on 20 March.

Binance.US Acquisition of Voyager Approved

A judge at the New York bankruptcy court denied the Department of Justice’s request on Wednesday and allowed Binance.US to complete its $1 billion deal for Voyager Digital. Judge Michael E. Wiles said that pausing the deal pending government appeal would only hurt Voyager clients, so he allowed it to proceed as determined by the court last week which did not include any exemptions from tax or securities laws violations as requested by the government in its appeal via the US Trustee’s Office.

Binance-Voyager Deal Slated for Execution on 20th March

Binance was originally approved to acquire Voyager for $1 billion in December 2022, as CoinJournal reported, and an agreement between Voyager and Binance has now set this deal for execution on 20 March after having been slated for 15 March before hitting a roadblock due to government objections.

Reaction to News Positive

The news that Binance can go ahead with acquiring Voyage has been met with positive reactions from investors who have been waiting since July last year when withdrawals were stopped by Voyage Digital, hoping they would be able to access their crypto assets soon enough. The cryptocurrency exchange’s native token BNB also jumped 6% after this news as a result of renewed investor confidence in both companies involved in this transaction; Binance and Voyage Digital respectively.

Impact On Customers

Judge Wiles noted that halting the process will only hurt customers even further who have already had a long wait time since July last year when withdrawals were stopped by Voyage digital leading up to this point where investors are hoping they will be able access their crypto assets soon enough through successful completion of this transaction between two juggernauts in their respective industries; cryptocurrency exchange Binance and Crypto lender Voyage Digital .

Conclusion

In conclusion, although there were some legal objections raised by the US government during earlier stages of this acquisition process, these have all been addressed while still maintaining customer interest at heart however possible with Judge Wiles noting that any pauses could prove harmful towards customers who have waited since July last year when withdrawals were first halted by Voyage Digital leading up until present day where investors are hopeful they will be able access their crypto assets soon enough through successful completion of this transaction between two juggernauts in their respective industries; cryptocurrency exchange Binance and Crypto lender Voyage Digital .

• Web3 startup nealthy has raised $1.3 million in pre-seed funding from prominent investors such as celebrity crypto investor ‚DonGeraldo‘.
• The Dubai incorporated platform will use the capital injection to grow its team, hire new talent and seek greater adoption.
• nealthy provides diversified exposure to NFTs and cryptocurrency investing via index tokens which replicate traditional exchange-traded funds (ETFs).

Web3 Startup Nealthy Secures Funding

Web3 startup nealthy has recently secured $1.3 million in a pre-seed funding round backed by several top investors across the investment space, including celebrity crypto investor ‘DonGeraldo’. The Dubai incorporated platform will be using the capital injection to grow its team, hire new talent, and seek greater adoption.

What is Nealthy?

Nealthy is an Ethereum-based Web3 startup that provides diversified exposure to NFTs and cryptocurrency investing. They achieve this through index tokens which are investment assets that replicate traditional exchange-traded funds (ETFs). Investors can leverage these index tokens to quickly invest across the Web3 space with on-chain storage of digital assets allowing for portfolios to be easily diversified in the event of sudden market shifts. An example of an index token is nealthy’s $NFTS, which like other offerings, has value that is pegged nearly 1:1 to given blue-chip NFTs.

Interest in Diversification Growing

The interest in Web3 continues to gather pace and nealthy is looking to tap into this ecosystem by removing barriers to entry into the market. Ludwig Schroedl, the CEO of nealthy noted in a statement that interest in diversification within the crypto sector is rising due to massive growth witnessed in NFT trading markets – especially for first time investors. A blue chip index token like $NFTS can provide superior investment opportunities at a reduced level of risk according to him – meaning they could do it with any asset on blockchain technology as well if successful with NFTs.

Expanding Reach

Nealthy is looking forward towards expanding their reach with the release of multiple products aimed at giving users access to even more investment opportunities within crypto markets and beyond them as well. This includes introducing fractionalised shares which will allow users access investments not available through traditional methods due to high minimum requirements or liquidity constraints – thus making it easier for more people around globally access these kinds of investments without having large amounts up front for investing themselves or relying on third parties for services like fund management fees etcetera..

Final Thoughts
With neathy providing access and diversified exposure into cryptocurrencies and NFTs via their index tokens, there are now more opportunities available than ever before for people interested in getting into this kind of trading – regardless if they have been involved with cryptocurrencies before or not. Moving forward it will be interesting how their products help further reduce barriers when accessing investments outside traditional means while also allowing wider access and improved liquidity levels overall throughout various asset classes worldwide too!

• DeFi continues to attract more users with strong products and services across segments such as decentralised exchanges, lending protocols and staking.
• Users across the sector increased by 31% quarter on quarter in 2022, although that pales compared with the 525% spike seen in 2021.
• Decentralised finance, or DeFi, remains big, though not with the same numbers as seen a year ago.

DeFi Growth Despite Crypto Winter

The decentralised finance (DeFi) sector has seen steady growth throughout the crypto winter of 2022 despite a drop in total value locked (TVL) and market prices. Latest estimates suggest that total DeFi users have surpassed 5 million in Q3 of 2022 and will likely exceed 5.5 million by Q4 of 2022.

Record User Growth In 2021

In 2021, user numbers skyrocketed 545% as cryptocurrencies boomed on the back of a staggering bull run. This trend relates to what is known as a ‚blue ocean market‘ wherein new and innovative services capture demand that’s adding to the steady growth in users.

Projects Using Crypto Winter To Build & Improve

Despite a decline in user growth this year amid crypto winter conditions, projects have used this time to build and improve their products which has attracted more users. The sector has also seen an influx of institutional money into DeFi protocols as well as increasing interest from mainstream investors seeking yield-generating opportunities within the space.

Blue Ocean Market Capturing Demand

The DeFi sector is creating its own new market based on innovation rather than eating into traditional finance (TradFi). This blue ocean market captures demand which is contributing towards ongoing user growth within the space despite current crypto winter conditions.

• Venom Foundation and Hub71 have partnered to accelerate the growth and adoption of blockchain technologies in the Middle East and North Africa region.
• The partnership will focus on providing startups with enterprise-grade solutions, simplifying blockchain adoption for businesses, and raising industry standards for incubation, acceleration, and grant programs.
• The collaboration was brought together by Iceberg Capital, which will leverage its network and expertise to assist both parties in reaching their common objectives.

Venom Foundation & Hub71 Partner Up

The Venom Foundation, Abu Dhabi Global Market’s (ADGM) first Layer-1 blockchain license holder has teamed up with Hub71 – Abu Dhabi’s global tech ecosystem – to accelerate the growth and adoption of blockchain technologies in the Middle East & North Africa (MENA) region.

Goals of Partnership

The collaboration between Venom Foundation and Hub71 will focus on providing startups with enterprise-grade solutions as well as simplifying blockchain adoption for businesses. It aims to raise industry standards for incubation, acceleration & grant programs while also onboarding local & international startups to join Hub71+ Digital Assets specialist ecosystem.

Key Benefits of Partnership

Startups can benefit from using the Venom blockchain to transition from Web 2.0 to Web 3.0 as well as engage & collaborate with a diverse range of partners & leading Web3 entities through this specialist ecosystem. They can also take advantage of value-add programs & incentives offered by Hub71+.

Iceberg Capital’s Role

The partnership between Venom Foundation and Hub 71 was brought together by Iceberg Capital – a regulated investment manager based in ADGM that will use its network & expertise to assist both parties in reaching their common objectives.

Conclusion

By collaborating together, Venom Foundation & Hub 71 hope to aid startups not only within MENA but globally by helping them grow & scale through enterprise-grade solutions as well as encouraging the transition towards disruptive blockchain technologies through value-add programs & incentives offered by them.

• Fantom (FTM) price made a small comeback on Tuesday ahead of the upcoming US inflation data.
• Economists expect the data to show that the country’s inflation inched downwards in January as goods prices retreated.
• The developers are working to rebuild the network and launch a stablecoin known as fUSD that will power its ecosystem.

Fantom (FTM) Price Rebounds Ahead of US Inflation Data

Fantom (FTM) price rose modestly on Tuesday ahead of the upcoming American consumer inflation data. It reached a high of $0.4780, which was a few points above this week’s low of $0.4138. This price is about 30% below its highest point in 2023.

Expectations for US Consumer Inflation Data

The main catalyst for FTM will be the upcoming US consumer inflation numbers scheduled for Tuesday. Economists expect the data to show that the country’s inflation inched downwards in January as goods prices retreated. According to Reuters, the median estimate among economists is that headline consumer price index (CPI) declined from 6.5% in December to 6.2% in January, marking seven straight months of declining inflation numbers. Core CPI, which excludes volatile food and energy prices, is expected to have dropped from 5.7% in December to 5.6%.

Impact on Federal Reserve and Other Assets

These inflation numbers will have an important role not only for Fantom but also other cryptocurrency prices like Bitcoin and Ethereum as well as other financial assets like stocks and commodities due to their impact on Federal Reserve policies going forward. Higher-than-expected inflation numbers coming a week after strong jobs numbers could mean that Fed will become more aggressive while softer figures could see them adopting dovish policies aimed at preventing a hard landing caused by recessionary pressure indicated by inverted yield curve at lowest level since 1980s.

Rebuilding Network and Launching Stablecoin

In addition, Fantom price has been reacting positively to news about developers working on rebuilding its network following challenges reported earlier this year with one key project being launch of fUSD stablecoin which will power its ecosystem; confirmation came recently from Andre Cronje who is influential figure within FTM ecosystem

Fantom Price Prediction

It remains unclear what direction FTM price will take going forward but traders should keep track of latest developments including US consumer inflation data release later this week, rebuilding efforts by developers, launch of fUSD stablecoin and other events which could affect demand or supply dynamics impacting value of coin over medium term

• Indonesia is planning to launch a national crypto exchange by June 2023.
• The exchange will include five licensed platforms and will be regulated by the Commodity Futures Trading Regulatory Agency.
• The government has identified five active, registered exchanges from a list of 25 for the role.

Indonesia to Unveil National Crypto Exchange

The Indonesian government is set to roll out its national crypto exchange before the end of June this year. According to Trade Minister Zulkifli Hasan, the new timeline comes after delays forced authorities to push back the original planned launch date at the end of 2022.

Regulatory Framework

To ensure that everything is in place before launching the bourse, lawmakers in Indonesia’s House of Representatives passed the Financial Sector Development and Reinforcement Bill in December 2020. Referred to as the omnibus law, it serves as primary legal reference for regulating digital asset exchanges within Indonesia’s broader financial services industry.

Identifying Exchanges

In preparation for launching its national crypto exchange, authorities have undertaken a review process of potential digital asset exchanges that could join their platform. Out of 25 listed exchanges, five active and registered ones have been selected for their role in this project.

Creating Awareness

Trade Minister Zulkifli Hasan stressed that every measure must be taken to ensure public safety when trading cryptocurrencies as many are still learning about them. Thus, he believes rushing into launching the bourse may lead to harm caused by this very initiative designed to protect them.

Growing Crypto Community

Indonesia is one of many countries witnessing rapid growth in its cryptocurrency community due primarily to favorable regulations and greater public awareness on blockchain technology and digital assets trading activities .

• Leading digital wealth platform Yield App has acquired Trofi Group, a platform that provides structured solutions for cryptocurrencies
• The acquisition adds four structured products to the Yield App product suite, making it one of the leading digital wealth platforms
• The team at Trofi Group has 30 years experience in derivatives desks at JP Morgan and HSBC and will join hands with Yield App to build best-in-class crypto-structured products

Yield App, a leading digital wealth platform that offers safe custody of digital assets, has announced the acquisition of Trofi Group, a platform that provides structured solutions for cryptocurrencies. The acquisition is expected to bring four new structured products to the Yield App product suite, making it one of the leading digital wealth platforms.

With this acquisition, Yield App will be able to bridge the gap between traditional finance and cryptocurrencies. The team at Trofi Group boasts of 30 years experience in derivatives desks at JP Morgan and HSBC, and will join hands with Yield App to build best-in-class crypto-structured products.

The CEO of Yield App, Tim Frost, expressed his excitement about the acquisition, saying that it will establish Yield App as a pioneer within the crypto-structured products arena. He also thanked the team at Trofi for trusting Yield App to continue their excellent work in bringing enhanced yield structured products to crypto.

Yield App is a platform that allows customers to exchange and earn on their assets at market-leading rates. With this acquisition, the platform will now be able to offer customers a superior suite of products that are designed to maximize returns within the crypto-structured products arena.

The acquisition of Trofi Group will open up more opportunities for Yield App to expand its reach and become a leader in the digital wealth management space. The platform is constantly innovating and exploring new ways to bring value to its customers and the acquisition of Trofi Group is a testament to this commitment.

• The Play to Earn model became the starting point in the NFT gaming development but created a sustainable concept.
• A new branch of industry is emerging that listens to users and develops games emphasizing engagement and emotions.
• The NFT direction has kept the crypto industry in good shape for several years, evolving from funny cats into a global trend.

The Non-fungible tokens (NFTs) have been revolutionizing the gaming industry by bringing new opportunities and rewards to players. The rise of the blockchain technology has provided gamers with a new way to play and earn money through the use of NFTs. The Play to Earn model has become one of the most popular models in the NFT gaming development, allowing users to earn money by completing in-game tasks. However, despite its popularity, the Play to Earn model has also created a sustainable concept for NFT games.

As the crypto industry continues to grow and evolve, the NFT gaming sector has also seen a significant amount of growth in recent years. Players are now able to trade and use NFTs to play games and participate in a range of activities such as staking, mining, and more. However, the Play to Earn model has not been able to provide users with a sustainable and enjoyable gaming experience. Players don’t enjoy P2E games since making money during the red market is more challenging, and these games cannot offer anything interesting.

In response to this, a new branch of industry is emerging that focuses on user engagement and emotion. This branch of industry is exploring the use of NFTs to create games that emphasize user engagement and emotion. For example, platforms such as Decentraland offer users the opportunity to explore virtual worlds and build virtual cities using NFTs. Other platforms, such as The Sandbox, focus on creating user-generated content and giving users the ability to create and monetize games using NFTs.

Combined with the best traditions of WEB 2.0 games, the use of NFTs allows players to immerse in addictive gameplay and unleash their creativity while engaging in the game. NFT games are also providing users with the ability to build and nurture their own gaming communities, providing them with a sense of belonging and a platform for collaboration.

The NFT space continues to battle user attraction and retention, however, the industry is evolving and improving. The rise of the NFT gaming sector is an exciting development and one that is sure to bring new and innovative opportunities to players. With the introduction of user-friendly games, user engagement and emotion, the NFT space is becoming more appealing and viable for players. As the industry continues to grow and develop, we can expect to see even more exciting games and opportunities that will ensure the growth and sustainability of the NFT gaming sector.

• Orange Financial is a multi-chain yield farming treasury that will launch on February 1st, 2023.
• It is the only NFT project to offer stablecoin rewards through yield farming to its holders.
• The Treasury takes care of all the compounding and harvesting on behalf of its holders and routes the returns back through USDC, making it a convenient and secure choice for hands-off diversification.

Orange Financial is a multi-chain yield farming treasury that is revolutionizing the world of yield farming and NFTs. Scheduled to launch on February 1st, 2023, the project is the first of its kind to offer stablecoin rewards through yield farming to its holders.

The Treasury takes care of all the compounding and harvesting on behalf of its holders and routes the returns back through USDC, making it a convenient and secure choice for hands-off diversification. Through its innovative approach, Orange Financial has created a basket of DeFi assets and farming opportunities to provide yield for its NFT holders. With no native token and no fixed interest rate, the Treasury’s payout schedule is purely dependent on market conditions and is transparently posted on a weekly basis.

Orange Financial has implemented a comprehensive set of measures to ensure the safety and security of its users’ funds. All funds are held in a multi-signature wallet that requires the approval of multiple parties before any action is taken. The treasury also features a smart contract that automatically distributes the rewards to the holders of the NFTs.

In addition to its diversified DeFi Treasury, Orange Financial is also Polygon native and does not charge any transaction fees. This makes it an ideal choice for users looking to earn passive income through yield farming without incurring high transaction costs. Moreover, the treasury has a wide range of supported assets, allowing users to diversify their portfolios and maximize their returns.

The launch of the Orange Financial Treasury is an exciting milestone for the yield farming and NFT communities. By offering stablecoin rewards through yield farming, the project is setting a new standard for yield farming and providing users with a safe and secure way to earn passive income.

Bullet Points:
• Bulgarian authorities raided Nexo’s offices early this morning on allegations of money laundering and terrorism financing.
• Nexo has confirmed the incident and is cooperating with the authorities.
• More than 300 people are involved in the investigation.

The Bulgarian Prosecutor’s Office has issued a statement early this morning, confirming the raid of Nexo’s offices in Bulgaria. The statement explains that active investigation actions are underway to neutralize illegal criminal activity of the Nexo crypto bank. Authorities allege that a person who used the platform and transferred cryptocurrencies has been officially declared a terrorist financing person.

Nexo responded to the incident via Twitter, saying that they are cooperating with the authorities and regulators. A Nexo spokesperson also confirmed the raid at their Bulgarian office and said that they are one of the most stringent entities when it comes to KYC/AML.

The investigation is reportedly involving more than 300 people. The Prosecutor’s Office has yet to issue any more details about the case, but it is believed that the raid is related to money laundering, fraud, and tax offences.

Nexo is a leading crypto lender and has become a popular platform for users to borrow money against their cryptocurrency holdings. Nexo has been praised for their transparency and compliance with regulatory authorities. This investigation could be a major setback for the company and their reputation.

It is unclear how long the investigation will last, but it is likely that the authorities will be conducting a thorough investigation of Nexo’s operations. The company has stated that they will continue to cooperate with the authorities and will be providing any information they need.

The cryptocurrency industry is currently under increased scrutiny by regulators, and this incident will likely bring more attention to the industry as a whole. It is unknown what the outcome of the investigation will be, but if Nexo is found guilty of any wrongdoing, it could have serious repercussions for the company and the industry as a whole.