Binance unlicensed in Philippines 🇵🇭, CR7 sued for Binance promotion 🚫, Amazon launches ‘Q’ ♨️
Daily Crypto, Blockchain & Web3 Update 2023-11-29
CRYPTOCURRENCY
Binance operating without license in Philippines, regulator says (2 min read)
Promoting or trading on Binance in the Philippines could result in up to 21 years of imprisonment and $90,000 in penalties, as stated by the Philippine SEC.
KyberSwap DEX hacker sends an on-chain message: Be nice, or else (3 min read)
The exploiter behind the $46 million KyberSwap hack says they plan to outline a treaty for the potential return of funds on Nov. 30, but not if threats and hostilities from execs keep up.
Cristiano Ronaldo sued for promoting Binance, unregistered securities (3 min read)
It is alleged that the NFTs associated with the soccer star were used to promote unregistered securities investments on the crypto exchange Binance.
Amazon launches ‘Q’ — a ChatGPT competitor purpose-built for business (3 min read)
Employees in HR, legal, product management, design, manufacturing, and operations departments will benefit from Q, said AWS CEO Adam Selipsky.
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Real AI use cases in crypto, No. 2: AIs can run DAOs (5 min read)
Can AI's run DAOs? Maker founder Rune Christensen says not quite yet, but in the future, “you may have a lot more DAOs than you have humans.”
UK crypto hodlers get a call from the tax grinch (2 min read)
His Majesty’s Revenue and Customs has issued a warning to crypto, NFT and utility tokenholders about paying their taxes on time or facing the consequences.
Zipmex proposes to pay creditors 3 cents per dollar (2 min read)
The proposal came as a part of a restructuring offer from the embattled Thai crypto exchange, which owes its customers $97 million.
Ethereum donations top Save the Children HODL Hope Campaign (3 min read)
While Ether represents 50% of the total crypto donations made to Save the Children’s HODL Hope Campaign, Bitcoin donations amount to 34% of the total so far.
Iota launches $100M Abu Dhabi foundation for Middle East expansion (2 min read)
The Iota Ecosystem DLT Foundation is the first to receive approval from regulators in Abu Dhabi after its financial authority passed a new, related law earlier in the month.
Bitcoin mining firm Phoenix Group delays share listing (2 min read)
The public trading launch of Phoenix Group on the Abu Dhabi Securities Exchange has been rescheduled to December 5, 2023, in observance of the UAE's National Day.
Stakeholder urges swift implementation of Nigeria’s blockchain policy (3 min read)
SiBAN president Obinna Iwuno stressed the necessity of establishing a forward-thinking regulatory framework to accelerate the infusion of blockchain technology into diverse sectors of the economy.
Bitcoin gets ‘whale games’ warning as BTC price eyes $40K into US data (4 min read)
Bitcoin whales may yet spark mass profit-taking should BTC price action target $40,000 or higher.