cryptocurrency widget, price, heatmap
Search icon
Search icon
Telegram iconTwitter icon
Share icon
Share page
Cryptocurrencies/Coins/MediBloc (MED)
MediBloc price, market cap on Coin360 heatmap

MediBloc(MED)

Arrow icon
Add to watchlist
$0.014543
(-1.8%)
0.00000090 BTC
Market Cap (Rank#208)
$90,498,100
5,594 BTC
Vol 24h
$29,593
1.829292 BTC
Circulating Supply
6,222,777,786
Max Supply
10,000,000,000
1h agocoindesk
Social Media Giant LINE Closes Its Crypto Exchange Bitfront
Japanese social media company LINE has announced that it will close Bitfront, a crypto exchange that it launched in 2020.
5h agocryptopotato
Wahed Projects Announces Strategic Partnership With EnterMed
[PRESS RELEASE – Cranfield, England, 27th November 2022] WAHED is delighted to announce the signing of an official partnership with technology provider EnterMed. With over 20 years of experience in Dubai and Italy, EnterMed’s team of experts specializes in value-added integrated services and real-time applications. How the Partnership Between WAHED and EnterMed Will Bring Value […]
5h agocryptopotato
Cross-Chain Automation Platform CrowdSwap Aimed at DeFi Mass Adoption
While the recent events associated with the downfall of one of the world’s leading centralized exchanges – FTX – have shaken the industry to its core, they also brought up key principles out of oblivion. Decentralization is the core concept behind crypto, and this has become clear now more than ever. CrowdSwap brings forward a […]
10h agocryptodaily
The Revolution of Smart Contracts: Why they are disrupting the World
A smart contract is the brainchild of the blockchain evolution. Despite still being in its primitive phase, blockchain technology has introduced the disruptive concept of decentralization and showed how it can be used to solve different problems across a multitude of industries. When Ethereum was introduced by Gavin Wood and Vitalik Buterin in 2015, it sparked the emergence of the second generation of blockchain — bringing new techniques and ideas to handle distributed ledgers. One of these techniques included smart contracts, which opened the blockchain's doors to automation. Wait, What’s a Smart Contract? To fully understand what a smart contract is, the first thing to know is that it is a program that is hosted on a blockchain network. In addition to the guarantee that data is protected from being tampered with, each contract has specific predetermined conditions that will trigger certain outcomes when met. Furthermore, smart contracts also allow parties to agree on results accurately and timely. As they are not managed by a central authority, proper smart contract implementation offers an important infrastructure for automation. What’s more, they are shielded from single-point assaults made by malicious entities like hackers. Meanwhile, in multi-party digital agreements, smart contracts reduce counterparty risk, increase efficiency, reduce costs, and maintain transparency. What Influenced the Need for Smart Contracts? With the ever-progressing digital era, smart contracts have gained traction as the decentralized solution for preparation and execution of agreements. They are available for implementation among any two parties around the world. Not to mention, these contracts are accessible, easy to implement, transparent, and free of distance and geographical limits. For example, a company based out of South Korea can ink a deal with another organization from the U.S. without the need to physically travel and sign papers. After both parties have reached a consensus on the terms and conditions, a smart contract is created. Once finalized, it will be executed on the blockchain network and be registered as a blockchain transaction. What Can Smart Contracts Offer? The primary advantage of smart contracts is the minimized risk that two parties, who might be total strangers to each other, take when they are involved in a digital agreement. This is mainly due to the possibility that either of the participants could abandon their end of the bargain (also known as “counterparty risk”). Counterparty risks are mitigated through the use of centralized institutions, like banks, to uphold the contract’s terms. However, this design gives rise to another issue where the more prominent, centralized host can exercise authority over the contracts. Using smart contracts eliminates this possibility. Besides eliminating the need for a third party, using smart contracts comes with the following benefits: Security One of the key selling points of smart contracts is having the transaction run on the blockchain. This means that hackers cannot take advantage of vulnerable points. Moreover, within a smart contract’s conditions, no trusted intermediary can be bribed or otherwise influenced. Efficiency Smart contracts can increase efficiency for multiple parties with the help of automation of back-end processes. As a result, there's no need for manual data input, and no waiting for the counterparty to meet their end of the bargain — all while eliminating the need for intermediaries. Solidity Besides providing a high level of reliability, smart contracts have their logic processed redundantly and verified by a decentralized network of nodes. Consequently, this gives the agreement protection against tampering. The high accuracy of smart contracts makes them much more reliable than other processes, as they virtually guarantee that the contract will lead to the desired result as intended. Equity Smart contracts prevent for-profit intermediaries from taking advantage of their position to make money. To achieve this, a decentralized network is called into action to provide and enforce the terms. What are the Use Cases of Smart Contracts? DeFi Products DeFi applications use smart contracts to streamline services and simplify processes. For instance, through smart contracts, users can hold their funds in escrow and give them away to others based on predefined conditions. Tokens Individuals can use smart contracts to create, monitor and assign ownership rights to digital tokens stored on the blockchain. The tokens that these contracts issue have features and functions that are of good use to users. NFTs and Gaming The mass adoption of smart contracts is typically found in blockchain-based games like Axie Infinity, Nine Chronicles, Gods Unchained, and more. Another example is Planet IX, whose smart contracts are ground-breaking since they enable real in-game asset ownership, tradable in-game assets, P2E and on-chain random lottery functionalities, decentralized governance, and a game-economy liquidity provision. Soon, Planet IX users can anticipate a new in-game economy in lending and borrowing and tradable reward-streaming NFTs. Most importantly, there’s soon to be a cross-chain gaming experience. In Summary A smart contract is a digital way of executing an agreement between two parties. It eliminates the involvement of third parties, cascades geographical barriers, and executes agreements swiftly and reliably. Likewise, smart contracts over a blockchain can be tracked and managed safely, making them highly utile instruments. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
16h agocryptodaily
Wahed Projects announces Strategic Partnership with EnterMed
Cranfield, England, 27th November, 2022, ChainwireWAHED is delighted to announce the signing of an official partnership with technology provider EnterMed. With over 20 years of experience in Dubai and Italy, EnterMed’s team of experts specializes in value-added integrated services and real-time applications. How the Partnership Between WAHED and EnterMed Will Bring Value A key driver of this partnership is WAHED Board Member and former member of the Italian Parliament Sergio Torromino. Bringing over 30 years of experience in metals, fabrication and oil extraction technology, Torromino’s storied career has given him invaluable insight into how systems can be scaled and streamlined. The combination of WAHED’s expertise in blockchain-based services with EnterMed’s specialization in bespoke technology stands to greatly benefit people all over the world. Expected to launch in the second quarter of 2023, the first of many collaborations between the two companies will be a Remote Patient Monitoring, or RPM, application. The RPM is a smart device used to measure and monitor the health of patients with chronic conditions, securely communicating vital indicators to healthcare providers. Real-time updates enable doctors to make decisions with the lowest possible delay, reducing the time needed to make life-saving decisions. When deployed at scale, this technology will provide a great deal of insight into preventing and treating illnesses. RPM’s will immediately provide benefits to those suffering from hypertension, diabetes, COPD and asthma, and the research team is working on expanding its capabilities even further. Using encrypted identification secured by the blockchain to ensure that data stays anonymous, the data collected stands to greatly increase our understanding of these conditions while ensuring that patients keep full control of their personal information. About Entermed Founded in 1998, EnterMed has been providing technology solutions across a variety of fields including aviation, security, healthcare and web applications. Specializing in creating and managing bespoke software, among EnterMed’s achievements is its presence as a mainstay in airport emergency management systems around Italy. About WAHED WAHED is a next-generation investment and philanthropy platform powered by WAHED Coin. Based in the United Kingdom and headed by Shaikh Abdulla Bin Ahmen Bin Salman AlKhalifa, WAHED has a vision of improving the world by nurturing business activities. Serving as a blockchain and investment partner, WAHED aims to bring all the advantages of the decentralized economy to businesses seeking to deliver value at a greater scale, and with improved efficiency. WAHED Coin will be available for trading on LBank on the 5th of December 2022. Join the WAHED community to get all the latest updates regarding partnerships, new features and more. Visit our official website for more information and join our Twitter, Discord, Facebook and Instagram.ContactWahed Projects teamWahed Projects Tea,[email protected]
23h agocryptodaily
Dogecoin (DOGE) and Gala (GALA) Might Be Losing Investors To Flasko (FLSK) Presales
Even with the global crypto market downturn investors witnessed this year, this hasn't stopped them from looking for crypto gems that would boost their portfolios. Top cryptocurrencies haven't performed well, and Dogecoin (DOGE) and Gala (GALA) aren't exempted from the bear list. But, amidst these market uncertainties, Flasko, a new utility token based on NFT pegged to luxury wines, champagnes, and whiskeys, has been making the waves as its presale price has risen by more than 500%. Dogecoin (DOGE) Might Hit All-Time Lows In Coming Months The meme coin Dogecoin (DOGE) has lost most of its gain after being hyped by the current Twitter owner Elon Musk. As the hype dies fast, many investors have withdrawn their profits, resulting in its continuous downtrend. Over the past weeks, Dogecoin (DOGE) has lost its gains amassed during the last week of October. Crypto analysts predict that Dogecoin (DOGE) could reach the bottom in this present downtrend — a price it had before the hype. Analysts predict that this price would best fit Dogecoin's (DOGE) value as that was what was traded before the spike since the recent surge might be due to a new hype. Dogecoin (DOGE) currently trades at $0.076, and analysts predict that Twitter might not adopt Dogecoin (DOGE). This would deny Dogecoin (DOGE) a significant utility that would boost its market value. Gala (GALA): Metaverse Coin Not Performing Too Well When we mention Gala (GALA), we talk about online gaming and the Metaverse. The Gala games ecosystem was created in 2018 and are a blockchain network that uses NFTs to help players get game items — players can trade their NFTs within the Gala games ecosystem. In 2021, the Gala (GALA) token witnessed a huge bullish run. September 2021 was the last time it gained momentum after listing on centralized exchanges, then achieved its all-time high on November 26, 2021, at $0.82. But, this bullish trend didn't last long, as it fell drastically in the following months. Even with the hype surrounding play-to-earn tokens, data from CoinMarketCap shows that the price of the Gala (GALA) token is currently worth $0.02, which shows a 97.0% total value loss. Gala (GALA) obtained this price after the recent crypto crash. Flasko (FLSK): Presale Gem Ready To Spike In Coming Months Flasko will let investors trade in fractionalized and minted NFTs, which are pegged to real-world luxury wines, rare champagnes, and whiskeys. As an alternative investment platform, users can buy fractionalized and minted NFTs. A complete purchase of an NFT would result in the investors getting their assets delivered to their location. Flasko will also partner with wine stores to ensure that investors can get the products in the market. Investors will also get first access to the products and benefit from discounts. Regarding security, Flasko has passed an audit from Solid Proof and will lock its liquidity for 33 years. This reduces the chances of a rug pull, making it more secure. Many investors have joined Flakso's ongoing presale since it goes for a price of only $0.085, and analysts expect the price to go for a price of above $2 by March 2023. Analysts believe that Flasko could well be the top investment for 2023. Investing early in a solid project like Flakso provides maximum benefits. You can do this by following the links below. Website: https://flasko.io Presale: https://presale.flasko.io Telegram: https://t.me/flaskoio Twitter: https://twitter.com/flasko_io Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
1 day agocryptodaily
Crypto Weekly Roundup: Ethereum Unstaking, Genesis And More
Let’s take a closer look at the multitude of ways that the FTX crash continues to affect market conditions, global regulations, and liquidity pools. Bitcoin The El Salvadoran Minister of the Economy has introduced a bill that will enable the Bukele government to raise $1 billion in order to build out its proposed Bitcoin city. United States Senators issued another letter to Fidelity Investments, urging it to reconsider offering Bitcoin to its customers following the total collapse of cryptocurrency exchange FTX. As Bitcoin continues its descent to a bottom and the rest of crypto follows, those with the money, especially billionaires, still hold on to their firm beliefs in the industry. Ethereum Ethereum developers have finally begun testing the withdrawal of staked ETH with the launch of a new developer network. The hacker behind the attack on the FTX exchange has started offloading ETH worth millions of dollars, resulting in a dramatic drop in the price of the cryptocurrency. DeFi MakerDAO has announced that it has passed a governance vote to remove Alameda Research-linked renBTC from its stablecoin collateral vaults. Crypto trader Avraham Eisenberg, responsible for the Mango Markets exploit, has seen his short position liquidated, thanks to a series of wild swings in the CRV price. Altcoins The United States was added to the list of regions geo-blocked from using an upcoming Apecoin staking service. Technology The deputy governor of the Bank of England has said that following the FTX crash, crypto must have regulations to protect consumers and the wider financial system. Business The United Kingdom and Singapore agreed to a Memorandum of Understanding (MoU) to boost financial technology (FinTech) trade and cooperation between the two nations. Binance, CrossTower, and Wave Financial are bidding once more for the grand prize of Voyager Digital and its assets. Binance CEO Changpeng Zhao (CZ) has said that the turmoil in the market does not indicate the end for crypto; in fact, according to him, it is just the beginning of a new chapter. However, in a now-deleted tweet, CZ seemed to have cast serious aspersions about Coinbase and Grayscale. Singapore-based crypto lender Hodlnaut is reportedly facing an investigation by the Singapore police related to alleged fraud and cheating. Hackers targeted crypto venture capitalist and Fenbushi founder Bo Shen’s private Ethereum wallet and drained it of crypto worth $42 million. FTX founder Sam Bankman-Fried will be talking with New York Times columnist Andrew Sorkin at the DealBook Summit on Wednesday. Cathie Wood’s ARK Invest has taken advantage of the bear market and bought over a million shares of Coinbase this month. Genesis has claimed that it is in talks with investors and wants to resolve its fund shortage without filing for bankruptcy. Crypto hedge fund Grayscale has refused to follow the trend of disclosing proof of reserves, citing security concerns. Regulations A Belgian regulatory body has declared that BTC, ETH, or any other cryptocurrency generated by computer code is not classified as securities. The International Monetary Fund (IMF) has called for tighter crypto regulations in Africa in order to stunt any further growth on the continent. Lawmakers in Russia are working on changing legislation to allow a national crypto exchange after holding anti-crypto views for years. NFT Leading toy brand Mattel will be launching its own digital collectibles marketplace on its direct-to-consumer platform, Mattel Creations. Football fans following the FIFA 2022 World Cup in Qatar can now buy digital merchandise to support their favorite teams, including “tokenized” NFTs of the most incredible goals. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
1 day agocryptodaily
Bitcoin is the red pill that allows you to escape the Matrix
We are embedded in a monetary system that is deeply flawed. It is stealing the wealth of the people, but we need it to survive. Is there any way out? In the acclaimed Sci-Fi film The Matrix, Neo has to choose between the red and blue pills. The blue pill means staying with the relative comfort of the system he has always known, while the red pill will take him down a rabbit hole of perilous truths. In the film, Morpheus tells Neo: “You take the blue pill…the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill…you stay in Wonderland, and I show you how deep the rabbit hole goes.” Our truth We are all pretty much like Neo in his life before full realisation. However, most of us will remain in the bath of fluid where cables are attached all over the body, transporting the lie serum to every part of our being. In our case, the serum comes in the form of government edicts that break away huge chunks of our freedom. We are told that it’s for our own good, that evil terrorists will exploit these loopholes, and that for the good of society we must give up more of our freedoms. The serum is also the mainstream media, printing whatever the powerful decide should be the narrative. If the people are scared enough, then new laws can be passed with much less pushback. The serum is also the tranquilising effect of television or social media. If most of the population are glued to the life of some celebrity or other, then actually looking into how currency comes into being might appear extremely boring in comparison. Looking into Bitcoin For many, that red pill moment comes when you start looking into Bitcoin. If you aren’t just speculating on the price you want to know how this thing works. You want to find out for yourself if it is a scam or not. So when you go down the Bitcoin rabbit hole you find that it leads to unimagined depths. You find that you start questioning the system you live in. You find that our monetary system is a total lie and that governments are running Ponzi schemes that need ever-accumulating debt in order to survive. The lie Once upon a time, the fiat currency system was backed by gold, and this prevented governments from going over their spending limits. But if you need to wage war, or if you need to do all kinds of other spending, then gold backing is no good. If you don’t have to back every dollar, pound, or yen with gold, then this leaves governments free to print as much currency as they want. As more currency is printed into circulation, it is worth less in the bank accounts of the people. For example, the US dollar has lost over 96% of its value since the Federal Reserve (a privately owned bank) took over the US banking system in 1913. A dollar now would only be worth 4 cents back then. Nixon took the dollar off of its gold backing completely in 1971. It was announced by the president at the time that the move would be “temporary”. In the chart below, it can be seen how the dollar has devalued since that time. Source: https://buybitcoinworldwide.com/dollar-devaluation/ Opportunity Taking that red pill allows you to realise that all of this is happening. It gives you the opportunity to put some of your wealth outside of a banking system that could collapse in a not too distant future. Mainstream media would have us believe that Bitcoin is a scam, that it is a kind of fool’s gold. Nobody knows if it will continue to work into the future, given the heavy regulations and restrictions that governments want to impose on it. Satoshi Nakamoto’s code has already been battle tested, but the coming war on crypto will test it to the absolute limit. A people’s currency is anathema to the central banks. They can only continue to operate as long as the lie continues that fiat currencies are the only safe and secure way to transact. Central bank digital currencies are currently being developed and rolled out across the world. These will strip away every last vestige of monetary freedom from the individual. Take that red pill before it’s too late. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
1 day agocointelegraph
It’s time for crypto fans to stop supporting cults of personality
From Sam Bankman-Fried to Bitboy, cryptocurrency fans have been too quick to support divas who gained notoriety on social media. It's a phenomenon that needs to end.
1 day agocoindesk
Major Canadian Crypto Exchange Coinsquare Says Client Data Breached
The exchange claimed the breached personal data wasn't likely seen "by the bad actor” and customers' assets are “secure in cold storage and are not at risk.”
1 day agocointelegraph
Alameda Research withdrew $204M ahead of bankruptcy filing - Arkham Intelligence
According to analysis from blockchain firm Arkham Intelligence, over 50% of the funds transferred after Nov. 6 were in US pegged stablecoins.
2 days agocryptopotato
Weekend Watch: Dogecoin Skyrockets 13%, BNB Breaks $300
Bitcoin's dominance continues to suffer as DOGE and BNB have outperformed BTC.
2 days agocryptodaily
MakerDAO Removes Alameda-linked renBTC As Reserve Collateral
MakerDAO has announced that it has passed a governance vote which will remove Alameda Research-linked renBTC from its stablecoin collateral vaults. The move comes after the team at Ren stated that the current Ren 1.0 protocol will be closed. Ren was funded by Sam Bankman-Fried founded Alameda Research. RenBTC Removed As Reserve Collateral MakerDAO, the issuer of the decentralized DAI stablecoin, has announced that it had passed a governance proposal to remove renBTC from its collateral vaults. The move was announced to reduce the stablecoin’s exposure to what the DAO deems a risky asset following the collapse of FTX and Alameda Research. RenBTC is a wrapped stablecoin asset developed by Ren Protocol, a project backed by Alameda Research. MakerDAO enables users to mint the DAI stablecoin by depositing excess crypto as collateral. In 2020, the protocol announced that users could deposit renBTC in special “RENBTC-A” vaults and mint the DAI stablecoin. MakerDAO announced the news in a tweet, stating, “This is an important notice to all RENBTC-A users. In light of the uncertainty surrounding the Ren Protocol, and following Risk Core Unit’s recommendation, Maker Governance voted to offboard the RENBTC-A vault type.” Community Supports Removal The vote on the proposal saw 100% of the MakerDAO delegates favoring the removal of renBTC from the collateral vaults. London Business School Blockchain, which functions as a MakerDAO delegate, stated, “With Alameda filing for bankruptcy and the elevated risk of renBTC depegging, we support offboard renBTC as collateral to minimize risk to the platform.” At present, there are several renBTC vaults on Maker. These have collectively loaned out over 850,000 DAI. With the vote to remove renBTC passing, these positions will be liquidated beginning the 7th of December, according to the approved vote. Maker’s risk unit added that the liquidation ratio for the positions will be set at 5000%, guaranteeing that liquidations will be triggered. Ren 1.0 To Shut Down The Ren project was acquired by the sister firm of FTX, Alameda Research, and began receiving quarterly funding from the firm. However, shortly after the acquisition of Ren, FTX and Alameda filed for Chapter 11 bankruptcy protection. Following this, the Ren team stated that the current tokenized Bitcoin offering, called Ren 1.0, would be shut down. Ren 1.0 would be replaced by a new community-run Ren 2.0. The team has also put any new renBTC issuance on hold and asked users to burn the circulating tokens on the Ethereum blockchain and claim them back to the original chain. The team also added that the team would require additional funding to develop the second version of Ren. Any Risk To Ren? While renBTC is currently stable, Maker’s Risk Core Unit added that the DAO’s offboarding of the asset could lead it to de-peg from Bitcoin. Maker explained that with burning disabled, it had only a limited window to offload the collateral and minimize any potential complications. It further added that the protocol’s offloading from the RENBTC-A vaults does not represent any threat to the overall financial health of the Maker Protocol. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
2 days agocryptopotato
MakerDAO Disposes of renBTC as Stablecoin Collateral
The Alameda-linked tokenized Bitcoin asset will no longer be used to back DAI.
2 days agocryptodaily
UK and Singapore Renew Commitment to FinTech Goals
The United Kingdom and Singapore today agreed to a Memorandum of Understanding (MoU) aimed at boosting financial technology (FinTech) trade and cooperation between the two nations. At the 7th Financial Dialogue held in Singapore today, the UK and the Southeast Asian nation renewed their commitment to the continued growth, investment, and technological innovation of the FinTech sector by signing an MoU on the UK-Singapore Fintech Bridge. The countries affirmed their investment in deepening the UK-Singapore Financial Partnership agreed upon in 2021 and discussed mutual priorities including sustainable finance, FinTech, and innovation, and agreed to continued cooperation in these areas. The FinTech Bridge builds on an agreement signed in 2016 and aims to provide structured engagement aiding the development of policy actions, the enhanced assessment of emerging issues including the development of distributed ledger technology and data sharing, and supports trade and investment flow between the two respective countries. The Financial Dialogue is an initiative undertaken by the Monetary Authority of Singapore – the country’s central bank, and the HM Treasury – the UK government’s economic and finance ministry. World’s Leading Spaces for FinTech Investment Confirm Commitment According to Innovate Finance’s 2022 Summer Investment Report, the UK and Singapore are two of the world’s leading jurisdictions for FinTech investment. In the first half of 2022, the total global investment in FinTech reached $59 billion, with the UK accounting for $9.1 billion of that. The country also boasts a 24% year-on-year increase from 2021 which is more than the rest of Europe combined. At the same time, Singapore was ranked as Southeast Asia’s leading jurisdiction for FinTech investment and places sixth globally. Andrew Griffith, the Economic Secretary to the Treasury said: The UK and Singapore are among the world’s leading jurisdictions for fintech investment –and today’s announcement will only accelerate growth and innovation in our respective sectors. CEO of Innovate Finance, Janine Hirt added: Innovate Finance welcomes this announcement. An MoU between UK and Singapore will deliver a strengthened framework for vital regulatory and policy discussions between the two countries, enable innovation across financial services, and ensure businesses based in both the UK and Singapore have the ongoing support for their ambitions for growth to be realised. While discussing their mutual interest in the FinTech space, the countries addressed matters of sustainable finance, affirming their strong commitment to the implementation of International Sustainability Standards Board (ISSB) disclosure standards. Both countries have vowed to continue to work with the International Organisation of Securities Commissions (IOSCO), the ISSB, and various other international organizations to implement a comprehensive global baseline of sustainability-related disclosure standards. Another key topic of discussion was the crypto-asset sector. Both countries shared their assessment of market developments, opportunities, trends, and long-term expectations for the sector. Key to this discussion was the risks and challenges associated with the industry as they pertain to financial stability and regulatory arbitrage while sharing their progress in strengthening the rules around consumer protection and developing the necessary regulatory framework for stablecoins. Both the UK and Singapore are in strong agreement in terms of the need to support the safe development of a digital asset ecosystem while ensuring risks posed by digital assets are managed accordingly. Both countries have pledged to actively participate in the shaping of robust global regulatory practices via engagement with international boards such as the Financial Stability Board (FSB), the Committee on Payments and Market Infrastructure (CPMI), and IOSCO. The UK and Singapore wrapped up by agreeing to a roadmap for engagements in sustainable finance, FinTech and innovation, and other areas of mutual interest, leading up to the next Dialogue which is scheduled to take place in London in 2023. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
2 days agocoindesk
Bitcoin.org's 'Cøbra' Must Unmask to Challenge Craig Wright's Legal Costs, UK Court Rules
Wright, the self-proclaimed inventor of Bitcoin, was granted permission to serve papers on Cobra as he sought a declaration of his ownership of the copyright to the Bitcoin white paper.
3 days agocryptodaily
Belgium Declares BTC, ETH Not Securities
BTC, ETH, or any other cryptocurrency that is generated by computer code is not classified as securities by a Belgian regulatory body. Belgian Regulator Addresses Concerns Belgium’s Financial Services and Markets Authority (FSMA) released a report on November 22, which addressed the question - are cryptos securities? According to the regulatory body, since Bitcoin, Ether, and other cryptocurrencies are issued solely by computer code, they are not considered securities. An excerpt from the report reads, “If there is no issuer, as in cases where instruments are created by a computer code and this is not done in execution of an agreement between issuer and investor (for example, Bitcoin or Ether), then in principle the Prospectus Regulation, the Prospectus Law and the MiFID rules of conduct do not apply.” There have been increasing questions regarding where digital assets fall under the country’s existing financial laws and regulations. The above-mentioned report clarified in response to these increasing queries about the classification of cryptocurrencies under Belgian law. FSMA’s Stepwise Plan The FSMA has also stated that it will be including cryptocurrencies as a security under its “stepwise plan” if it was issued by an individual or entity. However, the stepwise plan will not be affected by the technology behind such assets. Simply put, it will not matter if the digital assets are existing or are being facilitated on a blockchain or through other traditional means. The European Parliament’s Markets in Crypto Assets Regulation (MiCA) will be adopted across the continent around the start of 2024. Till then, the regulatory framework for this asset will be provided by the stepwise plan chartered by the FSMA report. Furthermore, even if the cryptocurrencies are not categorized as securities, they will be subjected to other regulations if they are being used as an exchange medium. “Nevertheless, if the instruments have a payment or exchange function, other regulations may apply to the instruments or the persons who provide certain services relating to those instruments.” FSMA And SEC - Two Different Approaches The report from the regulatory body further states that transferable instruments with an issuer need to provide detailed information to potential investors. In such cases, the EU’s Markets in Financial Instruments Directive law or MiFID will come into action to prevent conflicts of interest. But since cryptos like Bitcoin do not have any particular issuer, the law does not apply to them. This clear-cut attitude towards crypto is in stark contrast to the perspective adopted by the FSMA’s American counterpart. The U.S. Securities and Exchanges Commission (SEC) has held a very “regulation by enforcement” approach toward digital assets and has also dragged crypto companies to the court over claims that cryptos should be registered as securities. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
3 days agocointelegraph
FTX stake in US bank raises concerns about banking loopholes
The chairman of the rural bank Jean Chalopin also happens to be the chairman of Deltec Bank, which has Tether and Alameda both on its client list.
3 days agocryptodaily
Crypto Lender Hodlnaut Under Investigation For Possible Fraud
Singapore-based crypto lender Hodlnaut is reportedly facing an investigation by the Singapore police related to alleged fraud and cheating. The police had received several reports that the crypto lender had downplayed its exposure to a “specific token.” Investigation Based On Multiple Complaints According to several reports circulating in local media, Singapore’s white-collar crime unit, the Commercial Affairs Department (CAD), has launched a probe into crypto-lender Hodlnaut and its founders. The investigation was launched on the basis of multiple complaints received by the police against the platform between August and November 2022. The police stated that a majority of the complaints centered around false representations and misinformation about the company’s exposure to a “certain digital token.” Additionally, the police advised investors impacted by the crisis unfolding at Hodlnaut to file an online complaint and submit any verifiable documents related to their transaction history on the platform. The Unknown Token The “unnamed” token in question most likely refers to Terra’s collapsed USTC token, formerly UST. UST was an algorithmic stablecoin pegged to the US dollar, which rapidly lost its peg in May. So far, there has not been a confirmation from the authorities if this indeed is the token in question. The Terra ecosystem faced an unprecedented collapse, leading to several crypto lenders going bankrupt. These included Celsius, Voyager, and Vauld. The crisis was also the reason behind Hodlnaut’s current liquidity issues. The Hodlnaut Crisis Hodlnaut was badly impacted due to the Terra collapse. The first signs of trouble emerged on the 8th of August when the lender suspended all withdrawals on the platform, citing liquidity issues. The platform stated that it was suspending withdrawals to work with its legal advisors and develop the best possible restructuring and recovery plan for its users. The crypto-lender filed for interim judicial management on the 13th of August so that it could gain protection from any legal claims. At the time, the crypto lender claimed it had no exposure to the algorithmic Terra stablecoin. However, on-chain data showed otherwise, suggesting that Hodlnaut held at least $150 million in USTC. A judicial report later confirmed this, which noted that the crypto lender lost nearly $190 million due to the Terra collapse. Hiding Its Exposure The report also stated that Hodlnaut deleted thousands of documents related to their investments in order to hide their exposure to Terra. This was successful to some extent, as the lender was able to keep its USTC exposure under wraps for three months after the Terra ecosystem collapse. However, the eventual liquidity crisis forced the company to seek judicial management, which the Singapore High Courts granted. Report Reveals Details The high court appointed Ee Meng Yen Angela and Aaron Loh Cheng Lee from EY Corporate Advisors Pte. as the company’s interim judicial managers. The report published by the judicial managers at the end of October revealed the extent of Hodlnaut’s exposure, stating that it lost $189.7 million as a result of the Terra crash and adding that the company downplayed its exposure to Terra. A new report added even further fuel to the fire, stating that nearly 72% of the assets held by the lender on centralized exchanges were deposited in the now-bankrupt FTX exchange. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
3 days agocointelegraph
CoinList addresses 'FUD' on withdrawals, cites technical issues for delays
CoinList blamed “custodian issues” with one suffering an outage affecting “many tokens” on the platform as the reason for reported withdrawal problems.
3 days agocointelegraph
WEMIX token plunges 70% after it's delisted by Korean exchanges
DAXA claimed that the circulating number of WEMIX exceeds what has been disclosed by Wemix, much to the chagrin of the issuers.
3 days agozycrypto
New Report Shows That Crypto Whales And Long-Term Holders Had Their Confidence Shaken By FTX Fall
After FTX rocked the digital assets industry with its implosion, Bitcoin (BTC) seemed to have been insulated, but a closer look suggests that hodlers have been stunned by the turn of events.
3 days agocointelegraph
Leading Cardano stablecoin project shuts down after excruciating launch delays
Ardana developers claimed back in January that "almost all of the product/smart contract development is finished."
3 days agocryptopotato
BinaryX Releases Concept Art for World Building MMO CyberLand
[PRESS RELEASE – Singapore, Singapore, 24th November 2022] BinaryX has confirmed that it is working on a new free-to-play, play-to-own game, CyberLand, an open-world MMO powered by blockchain technology. The team just released the concept video, which gives a first look of the terrains and features of the game. Free-to-play, Play-to-Own CyberLand marks BinaryX’s official […]

About MediBloc

The live price of MediBloc (MED) today is 0.014543 USD, and with the current circulating supply of MediBloc at 6,222,777,786 MED, its market capitalization stands at 90,498,100 USD. In the last 24 hours MED price has moved 0.000118 USD or 0.01% while 27,281 USD worth of MED has been traded on various exchanges. The current valuation of MED puts it at #208 in cryptocurrency rankings based on market capitalization.

Learn more about the MediBloc blockchain network and how it works or follow the price of its native cryptocurrency MED and the broader market with our unique COIN360 cryptocurrency heatmap.

MediBloc (MED) is a project designed on the Qtum platform. MED is a QRC20 utility token for the MediBloc platform. Medibloc is intended to be a platform for storing each patient's history and data. Due to blockchain technology, medical data storage has reached a new level and become much safer and more technologically advanced. Dr. Allen Ho, software engineer & D.M.D, claims that MediBloc is a revolutionary and at the same time innovative medical data platform. Get the latest price of the MED token, its market cap and other data on COIN360.
MediBloc Price0.014543 USD
Market Rank#208
Market Cap90,498,100 USD
24h Volume29,593 USD
Circulating Supply6,222,777,786 MED
Max Supply10,000,000,000 MED
Yesterday's Market Cap91,306,280 USD
Yesterday's Open / Close0.014555 USD / 0.014673 USD
Yesterday's High / Low0.015121 USD / 0.014521 USD
Yesterday's Change
0.01% ( 0.000118 USD )
Yesterday's Volume27,281.14 USD
Select...
/
Select...
Powered by  Cryptocurrency prices in USD, market cap, volume
Sorry, no liquidity for this pair
Community
Source Code
Arrow icon