The eighth edition of Crypto Latin Fest will be held on August 21st and 22nd at the Botanical Garden of Medellín, Colombia, sponsored by the global crypto exchange platform Bitfinex.

The event, one of the most important in Latin America, will bring together regional specialists in bitcoin, cryptocurrencies, and decentralized finance. It is a convening event for “industry leaders, developers, investors, and enthusiasts, with the goal of sharing knowledge, promoting innovation, and facilitating connections around digital assets and blockchain technology.”

Bitfinex, the exclusive sponsor, will present a regional study analyzing “opportunities for different types of investors in the region.” Its participation in the eighth edition of the festival will be active, analyzing topics such as “banking systems and digital assets, regulation and legal aspects in Latin America, Liquid Network, and success stories.”

The Crypto Latin Fest will be the ideal place to foster interaction with key players in the sector and decision-makers, which will help consolidate “its importance in shaping the future of the crypto landscape in the region and beyond.”

M.Pino

Source: mercado.com.ar

(Reference image source: Kanchanara on Unsplash)

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La entrada Eighth edition of Crypto Latin Fest will be held in Medellín apareció primero en Bitfinance.

Crypto exchange FTX will refund all of its digital assets to its customers after receiving court approval. Shareholders could also benefit from this decision.

Customers will have access to all of their assets that were blocked when FTX filed for bankruptcy more than a year ago and Sam Bankman-Fried was subsequently found guilty of the charges in court.

The order was approved by US bankruptcy judge John Dorsey. It is estimated that shareholders could receive “part of the $1 billion in seized assets.”

As you may recall, in November 2022 it was said that the platform’s customers could receive only a fraction of the funds. However, “by June 2024, FTX had accumulated $12.6 billion in assets, a figure that could increase to $16.5 billion once all the platform’s assets are sold. These assets include stakes in various companies, such as the artificial intelligence company Anthropic.”

According to attorney Ken Pasquale, representing the creditors, this decision could be the result of the cryptocurrency market’s rally over the past year, which has been beneficial to an increase in the price of FTX’s assets.

As a result, the exchange has been able to “negotiate agreements with creditors and regulators, improving customers’ recovery prospects.”

Customers have been critical of the refund, as it will be made in cash and not in cryptocurrency. “Payments will not be immediate either, as FTX is in the process of establishing a trust and hiring a company to oversee the distribution of funds.”

M.Pino

Source: cripto247

(Reference image source: Kanchanara in Unsplash)

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La entrada FTX to refund clients funds in full apareció primero en Bitfinance.

The United States has recently conducted various judicial proceedings in the area of ​​​​cryptocurrencies. The Justice Department’s surveillance measures have become more radical following the FTX and Binance cases.

With the security of clients’ assets as its goal, the United States has radicalized the monitoring of cryptocurrency transactions. With this, they have managed to bring to light cases of fraud, non-compliance with regulations, evasion of controls, among other crimes.

The most recent scandal in this market is that of the Binance exchange, where CEO Changpeng Zhao was forced to leave office and pay a million-dollar fine to the authorities.

The radicalization of supervision, according to some analysts, could lead the platform to bankruptcy. However, this is a completely relevant control of the FED, the SEC and the Department of Justice (DOJ).

With the Binance case, the DOJ will henceforth apply stronger measures in the crypto sector, which include everything from internal procedures to anti-evasion policies to prevent fraud, money laundering, tax evasion, financing of terrorist activities, among others.

M.Pino

Source: cripto247

(Reference image source: Aditya Vyas, Unsplash)

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La entrada The United States tightens surveillance on cryptocurrencies apareció primero en Bitfinance.

The Coinbase cryptocurrency exchange platform announced the extension until June of this year of the agreement with the German club Borussia Dortmund.

Given the fragility of the crypto market, hit by the bankruptcy of the FTX group, and which has dragged down other platforms in the world, the extension of the agreement provides a light at the end of the tunnel.

Carsten Cramer, managing director of Borussia Dortmund, said: “The industry is very exciting but still new. That is why we want to keep our flexibility open.”

With the extension of the agreement with the German team, Coinbase becomes a Premium Partner of the club. They hope to offer training programs to employees in the area of ​​cryptocurrencies and its benefits.

In this way, the largest crypto exchange in the United States expands in Europe, after the success achieved during the World Cup in Qatar, with representations and sponsorships that left large profits for other platforms, such as Crypto.com and Binance.

M.Pino

Source: cripto247

(Reference image source: Torsten Silz, dpa)

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La entrada Coinbase extends agreement with Germany’s Borussia Dortmund apareció primero en Bitfinance.

Renowned Asia-based digital asset financial services firm Diginex has announced the launch of a cryptocurrency called EQUOS Origin (EQO), making it the first Nasdaq-listed company to also issue its own crypto asset.

Those users who wish to participate in Diginex and win a token will have to trade from the cryptocurrency exchange EQUOS itself. Another option is by staking on the exchange, for which a minority part of the daily allocation will be sent to the EQUOS treasury.

According to the announcement, the coin, which lacks supply or mining capacity, is in line with EQUOS “values ​​of transparency, justice and equality” and also “is issued specifically to boost activity, volume and balances in the platform. It has been carefully designed to incentivize traders to trade and holders to maintain and bring balances to the platform,” as stated by CEO Richard Byworth.

Diginex says bitcoin will reach $ 175,000

The Diginex CEO assures that according to his company’s projections the popular cryptocurrency could reach $ 175,000 by the end of the year, highlighting that the growing interest of companies has been key in this process.

He stressed that currently there are “macro hedge fund managers who have been in this space for some time. Now you’re starting to see some of the bond types get involved in this space.”

K.Villarroel

Source: elaxioma

La entrada Diginex is listed on Nasdaq with the EQUOS Origin (EQO) token apareció primero en Bitfinance.