Significant events are taking place in the world of cryptocurrencies, affecting various aspects of this industry. Here are a few key points:
Review of the past week:
| September 24, 2024 |
Banks refused to issue loans to military personnel, after which the defendants in the case offered passwords as collateral. Having received borrowed funds, the soldiers used them to buy crypts on exchanges. Read more |
| September 25, 2024 | The founder of Cardano called the Ethereum blockchain a “dictatorship”, where Vitalik Buterin exerts too much influence on the development of a decentralized network.
Hoskinson also added that blockchains can be created simple and decentralized, like Bitcoin, or “choose a king” to manage everything, like Ethereum. Read more
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| September 26, 2024 | PayPal Enables Business Accounts to Buy, Hold and Sell Cryptocurrency.
Additionally, PayPal is enabling U.S. merchants to externally transfer cryptocurrency on chain to third-party eligible wallets. PayPal business account holders can now send and receive supported cryptocurrency tokens to and from external blockchain addresses. |
| September 27, 2024 | Morocco is investing $1.1 billion in the creation of a “digital hub” — it plans to develop AI and blockchain technologies.
The new program aims to integrate new technologies into the economy and digitalize public services — it is estimated that this should add 240,000 new jobs to the digital sector by 2030. Read more |
| September 30, 2024 | The Financial Markets Authority (AMF) of the Netherlands will begin to fight the pump and dump of the cryptocurrency exchange rate.
Employees of the department will monitor social networks and the dynamics of changes in the exchange rate of digital assets in order to identify the facts of market manipulation and punish those responsible. Read more |
As the crypto landscape evolves, so does the need for a reliable platform. At FYBIT, we provide the tools for your success. Don’t wait, trade with FYBIT.
Best regards,
FYBIT team
