At one point in time, everybody knew what the next crypto investment opportunity will be, but this is no longer the case. Thousands of promising cryptocurrency projects are released every year. It’s no longer a question of missing out, but rather of never learning about the best projects.
Crypto investors should leverage powerful tools and discovery engines such as CryptoTotem to understand the marketplace and find the hidden gems. With this service, you no longer have to scroll through Twitter waiting to be shilled on. You can take project discovery into your own hands using their simple and effective website.
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As we said earlier, there are hundreds of blockchain startups in the market. Finding the right company to invest is not an easy task. You may very well choose the wrong ICO and lose your money. What do you do then? Are you looking for more crypto projects? Then, it would help if you had sound research to find the best solutions.
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New and innovative projects are released every day in the crypto market. However, not all of them are worth investing your time in.
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Crypto exchanges help you buy and sell cryptocurrencies. There are several crypto exchanges, and new ones are coming out every day. Each exchange is unique in the way it functions, features offered, trading fees, and more.
Additionally, some exchanges are geared for traders, while others might be suitable for quick crypto-to-fiat conversions.
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CryptoTotem is an excellent tool in the hands of crypto investors. You can use different ways to track the best crypto startups to get a good profit. All information you need is available along with ratings from research agencies for sound research. You can save your time and reduce your effort by using CryptoTotem’s information to make informed decisions. Along with that, you can even keep track of the best upcoming TGE and top crypto exchanges. The site is unbiased and works in the interest of its users.
Disclaimer: This is a sponsored article and contains positive statements about the future. Make sure to do your own research! Crypto-News.Net is not liable for any losses that may result from your interaction with this content.
Author: By TeamMMG
Former Morgan Stanley exec joins Gemini crypto exchange
Major American cryptocurrency exchange Gemini is expanding the company’s business in the Asia-Pacific region with a new high-profile hire.
Andy Meehan, a former executive at major American investment bank Morgan Stanley, has joined Gemini as chief compliance officer of the APAC region.
Announcing the news on Oct. 7, Gemini executives noted that Meehan will work with regulators to promote smart regulations that drive adoption.
Formerly head of legal for Morgan Stanley’s global financial crimes division in the APAC, Meehan will now shape strategy, product and operations of Gemini in the region. The new Gemini CCO will be based in Singapore and report directly to Gemini’s new APAC managing director Jeremy Ng.
Gemini representatives told Cointelegraph that the APAC region continues to be a key priority for the company, as it applied for a license with the Monetary Authority of Singapore under the 2019 Payment Services Act earlier this year.
Gemini’s focus on Southeast Asia follows significant regulatory developments in Singapore. Cameron Winklevoss, president and co-founder of Gemini, has previously welcomed the progress in local crypto regulations, claiming that the MAS developed “thoughtful regulation that is paving the way for further adoption and innovation.”
Gemini is expanding into new jurisdictions globally, having launched services in the United Kingdom in late September 2020.
Crypto exchange BitMEX overhauls management after U.S. criminal charges
HONG KONG (Reuters) – Prime executives at BitMEX, one of many world’s largest cryptocurrency derivatives exchanges, will step again from their roles, the corporate stated on Thursday, per week after U.S. prosecutors filed legal expenses in opposition to them.
The corporate stated final week it will “vigorously” combat the allegations after the usDepartment of Justice charged the alternate’s three founders, Arthur Hayes, Samuel Reed and Benjamin Delo with violating the federal Financial institution Secrecy Act. Gregory Dwyer, its first worker, was additionally charged.
Prosecutors stated BitMEX had made itself a “automobile” for cash laundering and sanctions violations.
BitMEX stated Hayes and Reed have “stepped again from all government administration obligations for his or her respective CEO and CTO roles with speedy impact,” including they and Delo wouldn’t maintain government positions and that Dwyer would take a depart of absence from his function as head of enterprise growth.
Chief Working Officer Vivien Khoo, will take over as chief government. She beforehand held roles at Goldman Sachs and Hong Kong’s markets watchdog.
The assertion stated the administration modifications had been made with the “full approval” of the founders.
“These modifications to our government management imply we will give attention to our core enterprise of providing superior buying and selling alternatives for all our shoppers,” David Wong, chairman of 100x Group, BitMEX’s mum or dad, stated within the assertion.
Hayes and Delo didn’t instantly reply to requests for remark despatched through their social media profiles and Reed couldn’t be reached for remark. Dwyer’s lawyer, Sean Hecker, who earlier stated his shopper would contest the costs, didn’t instantly reply to an emailed request for remark.
BitMEX is likely one of the world’s largest bitcoin futures buying and selling platforms, fashionable for its excessive liquidity and compliance necessities which are seen as much less onerous than these for futures venues regulated in main monetary centres.
Reporting by Alun John in Hong Kong and Tom Wilson in London; Enhancing by Tomasz Janowski
BTC Bull Tim Draper Invests In Indian Crypto Exchange Unocoin
BTC Bull Tim Draper has invested in Indian crypto exchange Unocoin as the $5 million funding round was led by his Associates with participation from XTBO Ventures and 2020 Ventures as we are reading more in our latest crypto news.
Unocoin is one of the first exchanges to enter the Indian cryptocurrency arena in 2013 and now the trading platform received funding from billionaire and BTC bull Tim Draper. The Series A round raised $5 million which was led by Draper Associates and 2020 Ventures and crypto-focused VC firm XBTO Ventures which participated in the investment round. According to the latest reports, Tim Draper and his venture capital firm Draper Associates helped Unocoin secure an investment of $5 million.
This is not the first funding for Unocoin as the Indian exchange previously raised more than $3 million from Barry Silbert who is the founder of Digital Currency Group, India-based VC Blume Ventures, and Adam Draper. India’s Supreme Court quashed the ban back in March set by the RBI on crypto exchanges and after this judgment, Unocoin observed a huge increase in BTC/crypto trading traffic on the platform. The exchange was planning to capitalize on the opportunity and the CEO of the exchange Sathvik Vishwanath said:
“We’ve seen a dramatic increase of crypto adoption in India following the lifting of an industry-wide ban by the Reserve Bank of India enacted in 2018. Customer growth rates have surged by more than 10X in the month the Supreme Court verdict was announced, accompanied by a 5X increase in trading volume in subsequent months. The funding will help us scale our business further and give us a strong financial foothold to expand our platform’s offerings.”
One of India’s oldest Cryptocurrency Exchanges, @Unocoin has raised an undisclosed amount of fund from Draper Associates in their Series A round of $5 Million. The company is now valued at $20 Million. https://t.co/sSfmZLy6Hn
— Coin Crunch India (@coincrunchin) October 8, 2020
According to the updates, Unocoin plans to build a stronger technology team and to enhance the product infrastructure and offerings. The exchange also intends to expand into Defi with its new protocols. The team plans to implement a new AI-based system that will improve customer support. Draper who already invested in companies like Twitter, Skype, and Tesla said:
“We were delighted to hear the verdict by the Indian Supreme Court, and we had been tracking Unocoin, the leader in India for Bitcoin for years. We are so thrilled that the stars aligned and we could finally back Unocoin. Every Indian should have a Bitcoin account with Unocoin. It is a great way to do business in a currency that doesn’t devalue over time.”
Author: By TeamMMG