BitMEX Announces its IEO & BMEX Token, BaFin Comes After Coinbase Germany, Paradigm Launches Crypto Policy Council with US Politicians

Crypto Update
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Receive your daily, bite-sized digest of cryptoasset and blockchain-related news – check out the stories that fly under the radar of today’s crypto news.
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exchange news

  • bitmex today introduced its first Initial Exchange Offering (IEO), launched its BMEX token, ushering in a new era for BitMEX where it will re-focus on crypto derivatives products, Told a press release. The BMEX token is available for trading from 11 November.
  • Federal Financial Supervisory Authority (BaFin) ordered crypto exchange coinbaseGerman unit to address multiple issues such as risk management, staffing and IT systems. regulator Told After uncovering “organizational deficiencies” during an audit of the company’s financial statements, the exchange must ensure that it has effective risk management and internal controls in place.
  • okex In anticipation of this month’s national football teams meeting in Qatar today launched the OKX Football Festival. The festival includes the NFT Football Cup, the 2022 OKEx Football Cup trading contest and the Earn Super Hat-trick Fan Token Staking Series. The event offers users the chance to win $3 million in prizes, and includes an effectively free-to-play non-fungible token (NFT) mining incident, said in a press release.

career news

  • venture capital market Ideal has launched a crypto policy council Including former US Speaker of the House of Representatives Paul Ryan and former US Congressman Steve Israel. Other members include Marta Belcher, Deb Callahan, Makan Delrahim, Nicole Allam and Parker Poling. “This team will advise Paradigm’s leadership team and help us tell the story web3 Washington and around the world.” Told the announcement. Ryan is listed as a Senior Advisor with Chris Brammer, director of Georgetown University‘s International Economic Law Institute,
  • payment platform wirex in partnership with cryptonomist Announced the winners of 2022 Rising Women in the Crypto Power List. From over 200 entries, 13 winners were selected by the judges. Told Press release.

investment news

  • crypto lending platform BlockFi Is resumed After discontinuing its crypto yield product a Securities and Exchange Commission (SEC) compromise of $100 million. The product is limited to accredited investors. “BlockFi Yield to Accredited Investors is “Step 1” to ensure *all* Americans have access to earn interest on their digital assets,” it said. couple in a tweet. “Beta testing will begin in the coming weeks, with a wider rollout to all eligible US customers this winter.”
  • near the foundation announced its integration with Binance CustodyAn institutional-grade digital asset custody solution. To A blog post, Binance Custody Enables Institutional Users by Supporting the NEP-141 Standard Near Holdings to use its storage infrastructure. It said the integration makes it easier for Binance Custody to provide support in the future by building projects on NEAR for NEP-141-compliant tokens.

gaming news

  • thirdverse group announced that it would be the initial validator and node operator to launch Oasis Mainnet, a public blockchain specialized in gaming without any transaction fees, said in an announcement. Thirdverse Group is currently developing several blockchain games and intends to use the Oasis series for some of its upcoming titles.

real estate news

  • local announced an official partnership with excluded to bring luxury metaverse Through its new collection of virtual real estate, it is said in a press release. Exclusive in collaboration with polycountThe official Metaverse architectural studio, will launch two new locations – a yacht and a water house exclusively on the Spatial Platform. With over 4 million minutes spent every week in Spatial, the company also announced Live Explore and Social Profiles to improve the searchability of popular places on the platform.
  • crypto asset service provider coinmena announced a partnership with Carlton Real Estate, a Bahrain-based real estate agency that allows investors in the Kingdom to purchase real estate properties using cryptocurrency. Under the partnership, the Bahrain-based real estate broker will accept stablecoins such as USDT And USDC,



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