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Ulli Spankowski, CEO BISON app, chief digital officer Boerse Stuttgart Group and founder of Sowa Labs In the first of a two-part interview, Cryptonews spoke exclusively to Dr Ulli Spankowski, Chief Digital Officer at Boerse Stuttgart Group, founder of Sowa Labs and the BISON app, as well as being the CEO of the latter. In what was a wide-ranging discussion, Ulli provided insights on developments in the crypto space and where we are headed as an industry. Ulli discussed how current market conditions help the best companies in the sector to concentrate now more than ever on product development.  He explains how regulation was always at the center of the approach taken by BISON app, which is the flagship digital asset product of the sixth-largest exchange group in Europe. Europe is being smart with MiCA He thinks Europe is being smart with MiCA (Markets in Crypto Assets) and it will bring companies from outside the EU into the region as well as acting as a dynamo f...

Canto's website. CANTO, the cryptocurrency that powers Canto’s Decentralized Finance (DeFi) focused layer-1 blockchain protocol, has been exploding higher in 2023. CANTO/USD is up a staggering around 530% since the turn of the year and hit record highs earlier on Thursday in the $0.60s. This time last month, CANTO was changing hands for close to $0.07. CANTO upside since the start of 2023. Source: CoinMarketCap The cryptocurrency has been benefiting from a broad surge in crypto markets that has seen the likes of Bitcoin gain more than 40% so far this year, mostly as a result of bets that the 2022 bear market is over with the macro backdrop for 2023 looking more benign. But Canto has also been experiencing impressive growth, as noted in a recent Twitter thread by Plex, a development team contributing to Canto’s core infrastructure. According to Plex, trading volumes and smart contract deployments on the Canto blockchain have been surging, as have user numb...

Source: erllre/Adobe North Korean hackers are trying to break into crypto accounts by sending bogus job offers, a security provider has claimed. The claims were made in a post by Proofpoint, a California-based security provider, and reported by the South Korean media outlets KBS and TVChosun. Proofpoint claimed that a group named TA444 was behind the latest hacking drive. It called TA444 “a North Korea-sponsored advanced persistent threat group” that is “likely tasked with generating revenue for the North Korean regime.” And the provider claimed that while TA444 was “historically involved in the targeting of banks,” it has “more recently [...] turned its attention to cryptocurrency.” The provider also claimed that TA444 “mirrors” capitalist “startup culture” in “its devotion to the dollar and to the grind.” This has reportedly seen the group target individuals with emails whose attach...

Source: Binance / Instagram Binance, the world’s largest crypto exchange by trading volume, says it can no longer support USD deposits and withdrawals through SWIFT if the amount transferred is less than $100,000. The reason for the new limitation, which sets the bar for such transfers extremely high for most ordinary crypto investors, is that one of Binance’s banking partners is said to be moving away from crypto. Binance uses Signature Bank to process SWIFT payments. SWIFT is an international payments system used to make transfers between banks in different countries. “Actively seeking” new partner Binance informed its clients of the new policy in an email sent out to affected users, where it also said that Signature Bank’s new policy will apply to all of its crypto clients. It added that it is “actively seeking” a new partner to process its SWIFT payments. Only “0.01% of our average monthly users are serviced by Sign...

Fight Out, the Web3 platform to level up health and earn its users rewards in the process, has raised $3,096,000 million in its presale. There are only three days left to go before the presale price of the FGHT token starts increasing in 12-hour intervals until the end date of 31 March. FGHT is the utility token of the best and newest move-to-earn platform in Web3. The token is currently priced at $0.0166 in the first stage of the fundraise – investors will need to move quickly to grab the cheapest price.  After all the 12-hourly price rise updates in the second stage have taken place, the token will, by 31 March, be valued at $0.0333, which is FGHT’s exchange list price. Analysts are predicting that FGHT will be one of 2023’s best-performing crypto assets. It could easily see a 10x price pump when it starts trading. FGHT has secured two exchange listings in April on LBank (5th) and BitForex (6th) – more to follow In welcome news for inv...

Source: MoonPay Crypto payments infrastructure provider MoonPay is taking over Web3 creative agency Nightshift which will re brand as Otherlife as part of the deal. The acquisition is to contribute to MoonPay’s plan of establishing itself as a one-stop shop for brand s interested in expanding to crypto, collectible tokens, and metaverse activities. “There was a big opportunity for us to come together and now be able to offer the end-to-end lifecycle support for big brand s,” said Ivan Soto-Wright, the CEO and co-founder of Moonpay, AdWeek reported. “Now we can go to any brand that has an idea or wants to enter Web3, and we can help them execute a full end-to-end strategy.” Following its re brand ing effort, Nightshift will keep its portfolio of brand customers which comprises Adobe, Shopify and Arsenal Football Club, among others, in addition to providing its services to a number of MoonPay’s existing clients. Last June, Mo...

Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Manila, Philippines, 19th January, 2023, Chainwire BlockchainSpace CEO and Founder Peter Ing, Metasports CBO and Co-Founder Lars Hernandez, and Metasports CEO and Co-Founder Joe Josue are optimistic that the majority acquisition of Metasports will make waves in Web3 and bring great value to their stakeholders in the coming years. BlockchainSpace (BSPC), the leading data aggregator and infrastructure provider for guilds and Web3 projects, is confident that 2023 will be a banner year following the majority acquisition of Intellectual Property (IP) House, Meta sports . Peter Ing, Chief Executive Officer and Founder of BSPC, believes the synergistic partnership with Metasports will bring more value to the partner guilds under BSPC’s flagship product, Guild Hub, and give Metasports an unbridled springboard to high-impact W...

  Avalanche price breakout over the last 24 hours seems unstoppable, bolstered by a strategic partnership with Amazon Web Service (AWS). The bullish move in AVAX comes amid a market-wide uptick in crypto prices that started last week. Avalanche currently exchanges hands at $15.26, with its weekly cumulative gains increasing to 27.2%. AWS Partnership Ignites Avalanche Price Rally The world's largest cloud computing service provider, AWS, is teaming up with Ava Labs to speed up the adoption of blockchain technology across various industries. Ava Labs believes this partnership will create a seamless environment for organizations and individuals to run nodes on Avalanche, a Layer-1 blockchain. Developers using the blockchain network will also benefit from improved strength and flexibility. AWS intends to make available one-click node deployments to support Avalanche's infrastructure and decentralized applications (DApps) ecosystem. Ava Labs will join the coveted...

Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Metaverse technology could transform many aspects of human life and interaction in the coming decades. According to a recent report by McKinsey, the value added by the metaverse could be as much as $5 trillion by 2030. Although the hype is huge, with the metaverse touted as having the potential to transform our work and social lives, as well as our consumption of goods and entertainment, including gaming, there are concerns that the adoption of metaverse technology might place too much power in the hands of too few. For example, Facebook transitioned to become Meta Platforms in 2021 and announced that its main focus would now be on building a widely usable metaverse. However, this would be a centrally controlled metaverse, in which Facebook developers and executives would wield ultimate power. Hence, there has been massive...

Source: TradingView The Shiba Inu price has risen by 3% in the past 24 hours, reaching $0.00000845 amid anticipation of the upcoming launch of the Shibarium layer-two scaling network. Its current price represents a 6% increase in a week, although the meme token remains down by 10% in a month, with excitement regarding Shibarium still not doing quite enough to fully offset weeks of market negativity. However, the imminent launch of the layer-two scaling solution shows that Shiba Inu is serious about being more than just another gimmicky meme coin, something also indicated by its long-awaited metaverse. As such, SHIB really could be one of the major coins to watch this year, with significant rallies potentially in sight. Is it Too Late to Buy Shiba Inu? Crypto Experts Give their SHIB Price Predictions for 2023 Based on SHIB's price chart, it has long been due a rebound to correct months of selling. Its relative strength index (purple) has spent months below 50 (or...

Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com . The carbon credit market is huge and set to get even more enormous in the coming years. According to Coherent Market Insights, the market was valued at around $211.5 billion in 2019 and is expected to grow to over $2.4 trillion by 2027. That’s a positive for the climate. Carbon credits allow polluters to offset their CO2 emissions via essentially funding carbon-negative projects via investments in carbon credits. But the carbon credit market has thus far only really been accessible for big industry players, not the little guy. Blockchain technology is changing that, and a new crypto start-up called C+Charge is looking to massively disrupt the electric vehicle (EV) industry by offering EV drivers a way to earn carbon credits when they charge their vehicles for the first time. C+Charge, who are building a crypto-based ...

Image Source: WEF The World Economic Forum (WEF) believes the technology underpinning cryptocurrencies and digital assets will continue to be an "integral" part of the modern economy.  In a Monday blog post, the international organization talked about what the future holds for the crypto industry. The WEF particularly highlighted the widespread applications of cryptography and blockchain technologies, adding that their use in the financial services sector is already notable.  "Indeed, as a test of the staying power of digital assets and blockchains at the core of financial services (and other areas of the global economy), watch what the big banks and mature financial services firms do, not what they say." The report said that JPMorgan has earned itself a reputation for its friendly stance toward the crypto sector, but the bank is no longer alone in Web3 and crypto adoption.  The WEF compared the adoption of cryptography and blockchain technologie...

Source: SomYuZu US prosecutors have pressed criminal charges against a man accused of attempting to steal some $110 million last October by rigging crypto exchange Mango Markets, an entity run by the Mango decentralized autonomous organization (DAO). The individual is suspected of commodities fraud and manipulation.  A complaint signed by an FBI agent and made public in a Manhattan federal court accuses Avraham Eisenberg of performing trades in futures related to Mango's native token MNGO that allowed him to withdraw about $110 million worth of crypto from other investors' deposits without visible intention to repay the funds, Reuters reported.  The man was arrested on December 26 in Puerto Rico, U.S. Attorney Damian Williams said in a court filing. The December 23 complaint said that, last October, Eisenberg on used two accounts to buy and sell futures based on the relative values of MNGO and USD Coin (USDC). By acting on both sides of the trades, Eis...