Category Archive : Cyprus

Empowering artists and charities to embrace the digital movement By Cointelegraph

NFTs: Empowering artists and charities to embrace the digital movement

Depending who you ask, NFTs are either a new and exciting way to invest, or a bearish, overhyped sector. Regardless, journalists, investors and collectors have paid significant attention to the growing NFT market in the past year. NFTs continue to be one of the most popular Web3 entry points, an opportunity for everyone from casual art fans to crypto billionaires to own a unique asset stored on the blockchain.

As NFT visionaries have recently pointed out, NFTs also have the potential to be used for incredible causes beyond digital asset collection. In the past six months, communities have launched NFTs to raise support for causes like testicular cancer, human trafficking and the war in Ukraine. While many believe the NFT trend is finally on the path to sustainable growth, its potential as a tool for charities is poised to reach exciting new highs in the coming months.

Garri Zmudze is a managing partner at LongeVC, a Switzerland and Cyprus-based venture capital firm accelerating innovative startups in…

Read more at www.investing.com

Crypto.com Steps Up To Boost Security And Privacy Studies Via Donations

Hong-kong based cryptocurrency exchange, Crypto.com, known for its industry-standard security measures, announced on Thursday that it is granting a donation of an undisclosed amount to the Crypto Research Lab of the University of Pennsylvania (UPenn) in order to boost the analysis of security and privacy in this age of digital revolution. The crypto exchange inked this deal to fund blockchain research for the next two years.

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According to the official blog post, contributions made to UPenn’s new Crypto Research Laboratory Fund will be utilized to conduct studies on how cryptography and programming could prevent growing security and privacy issues in real-life blockchain projects.

Chief Operating Officer at Crypto.com, Eric Anziani, said;

The focus of the University of Pennsylvania’s crypto lab will be tremendously valuable for wider, real-life blockchain applications while also exploring new approaches to further privacy and security capabilities. We are…

Read more at bitcoinist.com

Cyprus Drafts Regulatory Framework For Cryptocurrencies

A government official stated that Cyprus has drafted its own legislation to handle crypto assets and is likely to adopt it before Europe finalizes an uniform regulatory guideline.

Kyriacos Kokkinos, Deputy Minister for Research, Innovation, and Digital Policy, announced this during a Larnaca meeting with the local fintech community.

The meeting was organized by the Swiss consulting business Kendris, which has offices in various countries, including Cyprus.

Kokkinos remarked that Cyprus’ concentration on research yielded successes in that discipline, but not without the country learning some lessons along the road.

Suggested Reading | Argentina NGO Spearheads Mission To Educate High Schoolers About Crypto

Legislation governing the handling of crypto assets has been drafted in Cyprus (Entrepreneur).

Cyprus Supports Crypto Use

Cyprus Mail reported on Thursday that when Kokkinos commented on the future of digital assets in Cyprus, including cryptocurrency, he walked a tight line between welcoming innovation and adhering to legislation.

Kokkinos, cited…

Read more at bitcoinist.com

B2Broker Announced Annual Payments for B2Core, MarksMan, and B2Trader Products

LIMASSOL, Cyprus–(BUSINESS WIRE)–B2Broker is excited to announce that it now offers an annual payment option for the three core products: MarksMan, B2Core, and B2Trader. With the introduction of this new plan, customers will be provided with a discount and a simpler approach to planning their budget. This change will allow the company to streamline its finances and improve cash flow. The annual plan is already applicable to all three products.

MarksMan

Whether you’re a seasoned pro or just getting started in the world of digital assets, MarksMan is the perfect solution. With support for spot and perpetual futures liquidity, along with easy access to liquidity pools on major crypto exchanges, MarksMan has everything you need. There’s no better time to test it out than now, with the basic package being just $5,000 per year (a $1,000 saving) and the advanced package being just $15,000 per year (a $3,000 saving). An enterprise package will be accessible shortly if you want a more powerful alternative. Aggregation, hedging, symbol mapping, synthetic instruments, risk…

Read more at www.businesswire.com

CEX.IO to Host Workshop at the Money Reimagined Summit,

NAPERVILLE, Ill., May 19, 2022 (GLOBE NEWSWIRE) — CEX.IO, a global ecosystem of products and services that connects people and businesses to the cryptocurrency economy and decentralized finance, will host a workshop on Thursday, June 9 at the Consensus 2022 festival’s Money Reimagined Summit. The 20-minute session is entitled, “Putting Your Digital Assets to Work with Staking: a Primer for Retail and Institutional.” 

Led by CEX.IO executives Will Evans, Managing Director, the Americas, and Rich Evans, Managing Director for CEX.IO’s institutional offering, Prime Liquidity, the session will debunk the myths about the incompatibility between decentralized finance (DeFi) and traditional finance (TradFi), arguing that proof of stake is the future of TradFi. 

“There is a growing misconception that DeFi will replace traditional finance in the coming years, when in fact it’s becoming more and more clear that crypto will exist next to orthodox finance,” shared Evans. “Crypto staking, the process of supporting a blockchain network’s operation, is a perfect…

Read more at www.globenewswire.com

CEX.IO to Host Workshop at the Money Reimagined Summit, Kick-Off to the Consensus 2022 Festival

NAPERVILLE, Ill., May 19, 2022 (GLOBE NEWSWIRE) — CEX.IO, a global ecosystem of products and services that connects people and businesses to the cryptocurrency economy and decentralized finance, will host a workshop on Thursday, June 9 at the Consensus 2022 festival’s Money Reimagined Summit. The 20-minute session is entitled, “Putting Your Digital Assets to Work with Staking: a Primer for Retail and Institutional.” 

Led by CEX.IO executives Will Evans, Managing Director, the Americas, and Rich Evans, Managing Director for CEX.IO’s institutional offering, Prime Liquidity, the session will debunk the myths about the incompatibility between decentralized finance (DeFi) and traditional finance (TradFi), arguing that proof of stake is the future of TradFi. 

“There is a growing misconception that DeFi will replace traditional finance in the coming years, when in fact it’s becoming more and more clear that crypto will exist next to orthodox finance,” shared Evans. “Crypto staking, the process of supporting a blockchain network’s operation, is a perfect example of how DeFi can exist…

Read more at www.benzinga.com

Google, Twitter not liable for fake cryptocurrency ads featuring Dutch celebs: court

Twitter and Google cannot be held liable for fake advertisements making it seem that Dutch celebrities want people to invest in cryptocurrency. Presenter Jort Kelder and a few others filed a case against the tech companies, but the court in Amsterdam rejected their claim on Wednesday.

According to the judge, the creators of the ads are responsible for the posts via Google and tweets on Twitter. Google and Twitter do enough to counter this phenomenon and, therefore, cannot be blamed, the court ruled.

Google must provide Kelder with data about the creators of the fake ads. Twitter does not have to because the plaintiffs have not made sufficiently clear why they need this data.

Google said in response: “We are working hard to stop fraudsters on our platform and are pleased that the court has recognized our efforts today.”

The lawsuit against Google revolved around advertisements made to look like news items, thereby misleading consumers. Jort Kelder filed the case along with Alexander Klopping, Arjen Lubach, and Willem Middelkoop. Kelder called the ruling a Pyrrhic victory that…

Read more at nltimes.nl

Become a Hollywood Player: Factors of Litecoin Gambling That You Need to Know

It all started with a bit of altcoin called Litecoin. A year ago, it was worth $3.33. But since it’s a cryptocurrency (and now we know what cryptocurrency is) and because it is tied to the Bitcoin network, it has become extremely popular with gamblers worldwide. If you’re looking to cash in on some of that newfound popularity, you probably shouldn’t participate in any form of gambling with litecoins. However, suppose you are a gambler who enjoys playing the slots or betting with virtual currency. In that case, there are plenty of different types of digital coins that are worth considering instead. So which one should you give your money to? Let’s take a look at some factors that might help decide that.

Is Gambling with Litecoin Legal?

If you’re looking to gamble with Litecoin, then it’s essential that you know if it is legal in your jurisdiction. To be more specific, nine countries have expressly banned crypto-currency in gambling. These include Curacao, Cyprus, Estonia, France, Italy, Latvia, Malta, and Poland. However, several other countries have either not…

Read more at filmthreat.com

Peter Hetherington appointed CEO of Capital.com, Currency.com, and Shares.com

With his extensive experience driving strategy and growth for leading wealth and brokerage firms in highly regulated markets, Peter is the ideal CEO to lead the Group on its next chapter of growth and success.”

The group encompassing Capital.com, Currency.com, and the upcoming Shares.com, has appointed Peter Hetherington as its new Group Chief Executive Officer (CEO), succeeding Jonathan Squires, who resigned earlier this month after a phenomenal growth phase.

Peter Hetherington will be in charge of the group’s two investing platforms, Capital.com and crypto-focused Currency.com, and the upcoming share dealing platform Shares.com.

The new CEO will oversee the group’s expansion into new markets while building a resilient, compliant operation. The company already has key offices located in the UK, Gibraltar, Singapore, Australia, and Cyprus.

Peter Hetherington has briefly led Schroders Personal Wealth, a joint venture between Lloyds Banking Group and Schroders, after spending the bulk of his career at IG Group, where he joined in 1994 and served as its Group…

Read more at financefeeds.com

5 Best Forex Brokers with Minimum $5 Deposit in Nigeria

Several Forex brokers in Nigeria offer beginners the opportunity to start trading with very low minimum deposits.

To help Nigerian forex traders choose a broker, this article mentions a list of brokers with whom traders can start trading with a minimum deposit of only $5.

Exness

The Exness Group was founded in 2008 in Russia and offers access to more than 120 financial instruments to trade. These include Forex, Crypto, Stocks plus Indices.  They have licenses from the UK Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Authority (FSA) of Seychelles. An Exness Review for Nigerians shows that the broker also offers tight spreads from 0.1 pips with no hidden commissions or fees.

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FXTM (ForexTime)

FXTM is an award-winning broker that offers beginner traders a range of trading platforms including both Metatrader 4 and Metatrader 5 as well as a range of educational resources, materials, and tools, and excellent customer service. FXTM…

Read more at techcabal.com