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Union chain(UIN)

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4h agocointelegraph
Bitcoin shrugs off BlockFi, China protests as BTC price holds $16K
BTC price action heads higher with Bitcoin joining Asia stocks in a rebound despite FTX pressures continuing.
1 day agocryptodaily
Robert Kiyosaki Bullish on Bitcoin - says ditch paper assets
According to the author of Rich Dad Poor Dad, the economy is in a bubble and he suggests that investors “get out of paper assets.” DO NOT listen to what I have to say World famous author and billionaire entrepreneur Robert Kiyosaki tweeted some advice on Friday. He did however include the plea “Please DO NOT listen to what I’m going to say next.” In the present culture of suing over just about anything, he probably thought it was better to be safe rather than sorry, as he no doubt knows that only “qualified” persons can give such advice. Be that as it may, the entrepreneur suggested that investors “get out of paper assets”, and said that in his view “the world economy is not a “Market”. Perhaps he was implying here that the world economy is not currently acting like a free market and that there could be some manipulation going on. He ended the tweet by saying “I believe economy is the biggest bubble in world history”, and followed this with: “God have mercy on us all.” Many of you know I do not invest in equities, bonds, ETS or MFs. Please DO NOT listen to what I’m going to say next: “I would get out of paper assets.” The world economy is not a “Market.” I believe economy is the biggest bubble in world history. God have mercy on us all. — therealkiyosaki (@theRealKiyosaki) November 25, 2022 Still bullish on Bitcoin The world famous personality maintains that he is still bullish on Bitcoin, saying in a recent interview on the Mark Moss Bitcoin Podcast that the FTX collapse was not Bitcoin. He said that many people in his age group were dismissive of Bitcoin, but said that in his view Bitcoin was “solid”. He thinks that Bitcoin may get to $1 million in the next five years but adds that he favours gold in the current economic climate. SBF-FTT-FTX: Crypto Code for “I see stupid people.” Stupid people who believe Brand Name Universities, can turn polyamorous wierdos into “financial geniuses.” BIG UNIVERSITIES are as corrupt as BIG PHARMA. SBF and FAUCI are both power hungry nerds. WAKE UP! We are being WOKED. — therealkiyosaki (@theRealKiyosaki) November 28, 2022 Kiyosaki tweeted again this morning, referring to “stupid people”, “financial geniuses”,”SBF”, BIG PHARMA, and FAUCI, and ending with the exclamation “WAKE UP! We are being WOKED. 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 agocryptodaily
Why Flasko (FLSK) Is A Better 2023 Investment Than Polygon (MATIC) And Uniswap (UNI)
Investors in cryptocurrencies are beginning to relax as 2022 draws to a close. Almost all cryptocurrencies had a value decline of 90% this year, and the recent FTX bankruptcy did not help the situation. This domino effect impacted established currencies such as Polygon (MATIC) and Uniswap (UNI). Due to the neverending crisis, investors seek alternatives to these currencies, and some new presales are currently gaining traction. Today we will discuss one such presale, Flasko! Uniswap (Uni) Sinks 18% In 30 Days The decentralized Uniswap mechanism enables individuals to exchange Ethereum tokens. Since its launch in November 2018, Uniswap (UNI) has been one of the most popular operating systems on the Ethereum network. The price of Uniswap (UNI) has been declining recently. The confidence of traders in the market has been damaged by the Uniswap (UNI) bulls' inability to push the price above its support levels. Uniswap (UNI) is currently worth $5.51, a fall of 18% in just one month. This has led holders of Uniswap (UNI) to lose faith in the project. Polygon (MATIC) Holders Appear Demoralized Polygon (MATIC) has grown in prominence due to the high platform capacity and low gas prices that users and developers enjoy. Polygon (MATIC) had to increase network use to withstand the current pricing fall. The price of the Polygon (MATIC) token is $0.8588 after falling by 4.28% in a single day. Even if Polygon (MATIC) may soon see some good price swings, analysts advise that investing early in new projects will bring you a more significant profit. Flasko (FLSK) Will Surpass Polymatic (MATIC) And Uniswap (UNI) Let's see why crypto experts predict the newcomer Flasko will be a better investment than Polygon (MATIC) and Unsiwap (UNI) in 2023. Flasko is now in Stage Two of its presale, and we can say that it is a hit. It aims to bring together crypto enthusiasts and the $13.4 trillion alternative investments industry. On the Flasko platform, you may purchase and trade fractionalized NFTs, genuine luxury investments in the most premium, continually appreciating bottle spirits. With a 100% NFT purchase, you may even get the asset backing the NFT sent to your neighborhood, free shipping included! There are three VIP categories for early investors: the whiskey, wine, and champagne clubs. Each of these tiers offers a variety of benefits, including exposure to 75 unique NFTs and entry to several champagne-tasting events globally. Another plus in Flasko’s book, it passed a thorough audit by the famous German-based auditing company Solid Proof. Flasko will also lock liquidity for three decades which proves that the team is in it for the long run. According to cryptocurrency specialists, investing in the Flasko token now will increase your profits by 30x in 2023. With a price of just $0.085, now is the ideal time to invest in this potential top-10 cryptocurrency. If you wish to take part in this project, follow the links below: Website: Presale: Telegram: Twitter: 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.
5 days agocryptodaily
El Salvador To Issue Bitcoin Bonds, Crypto Daily TV 24/11/2022
In Todays Headline TV CryptoDaily News: Crypto mining firm Foundry buys some of Compute North's assets. Crypto mining and staking firm Foundry will buy two "turnkey" crypto mining assets with a total of 17 megawatt capacity from bitcoin miner Compute North, which filed for Chapter 11 bankruptcy protection in late September. Why Binance Coin, Litecoin, and Zcash Are Seeing Double-Digit Surges Today Ahead of today's highly anticipated release of the minutes from the last Federal Open Market Committee (FOMC) meeting, investors in a range of risk assets see notable surges. In the cryptocurrency space, this is certainly true, with many top tokens seeing double-digit gains in today's session. EL Salvador steps forward to issuing controversial Bitcoin bonds. El Salvador’s presidency dispatched a digital-securities bill to lawmakers, taking the nation a step closer to raising $1 billion via the world’s first sovereign blockchain bond. BTC/USD skyrocketed 1.6% in the last session. The Bitcoin-Dollar pair skyrocketed 1.6% in the last session. The Williams indicator gives a positive signal. Support is at 15373.6667 and resistance is at 16699.6667. The Williams indicator is currently in positive territory. ETH/USD skyrocketed 2.9% in the last session. The Ethereum-Dollar pair gained 2.9% in the last session after rising as much as 4.2% during the session. The MACD gives a negative signal, which matches our overall technical analysis. Support is at 1056.0533 and resistance is at 1183.4733. The MACD is currently in negative territory. XRP/USD gained 0.9% in the last session. The Ripple-Dollar pair gained 0.9% in the last session after rising as much as 1.6% during the session. The Stochastic-RSI indicates an overbought market. Support is at 0.3414 and resistance is at 0.3953. The Stochastic-RSI is signalling an overbought market. LTC/USD exploded 10.8% in the last session. The Litecoin-Dollar pair skyrocketed 10.8% in the last session. The MACD gives a positive signal, which matches our overall technical analysis. Support is at 57.7567 and resistance is at 77.5367. The MACD is currently in the positive zone. Daily Economic Calendar: DE IFO – Business Climate The IFO Business Climate index is regarded as an early indicator of current conditions and business expectations. The Institute surveys enterprises on their assessment of the economic situation. Germany's IFO – Business Climate will be released at 09:00 GMT, Germany's IFO – Current Assessment at 09:00 GMT, Germany's IFO – Expectations at 09:00 GMT. DE IFO – Current Assessment The IFO Current Assessment regarded as an indicator of current conditions and business expectations in Germany. The Institute surveys enterprises on their assessment of the current business situation and their short-term planning. DE IFO – Expectations The IFO Expectations are regarded as an indicator of business expectations for the next six months. It is based on a survey in which firms rate the future outlook as better, the same, or worse. JP Tokyo Consumer Price Index The Tokyo Consumer Price Index released by the Statistics Bureau is a measure of price movements obtained from the retail prices of a representative shopping basket of goods and services. Japan's Tokyo Consumer Price Index will be released at 23:30 GMT, Japan's Tokyo CPI at 23:30 GMT, Japan's Jibun Bank Manufacturing PMI at 00:30 GMT. JP Tokyo CPI The Tokyo Consumer Price Index released by the Statistics Bureau is a measure of price movements obtained from the retail prices of a representative shopping basket of goods and services. JP Jibun Bank Manufacturing PMI The Jibun Bank Manufacturing PMI gives an early snapshot of the health of the Japanese manufacturing sector. 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.
5 days agocryptodaily
New York Signs Moratorium on Cryptocurrency Mining
New York has become the first state in the United States to impose a temporary moratorium on any new fossil fuel-powered cryptocurrency mining activities. New York Governor Kathy Hochul signed a law on Tuesday a two-year moratorium on proof-of-work (PoW) cryptocurrency mining operations. The law states that for the next two years unless a PoW mining operation uses 100% renewable energy, it will not be allowed to renew or expand permits and will not allow any new entrants to come online. According to reports by Decrypt, a memo for the bill reads: The law will prohibit Environmental Conservation Law permits from being issued for two years to proof-of-work cryptocurrency mining operations that are operated through electric generating facilities that use carbon-based fuel. The Bill was first approved by the New York State Assembly in April and passed in June by the State Senate. Hochul explained her motivation for the bill explaining that the move is “a key step for New York as we work to address the global climate crisis.” She added that she is eager to “ensure that New York continues to be the center of financial innovation, while also taking important steps to prioritize the protection of our economy.” Crypto mining is the process by which miners generate new blocks and are rewarded for that. It makes up a crucial part of the crypto economy but PoW-based mining requires powerful computers to solve mathematical equations to validate transactions and have thus naturally come under the concern of many environmentalist which have raised concern over the alleged negative climate impact. A PoW consensus mechanism is what underpins Bitcoin and many other popular cryptocurrencies such as Litecoin, Dogecoin, Monero, and Ethereum Classic. Ethereum, the second-largest cryptocurrency until recently utilised a PoW consensus mechanism but transitioned over to a less energy-intensive proof-of-stake (PoS) model. Hochul commented on regulator's responsibility toward climate protection adding: I am signing this legislation into law to build on New York’s nation-leading Climate Leadership and Community Protection Act, the most aggressive climate and clean energy law in the nation, while also continuing our steadfast efforts to support economic development and job creation in upstate New York. 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.
6 days agocoindesk
Australia's Markets Watchdog Sues Fintech Company Block Earner
Australia's markets regulator, ASIC, is suing the company for allegedly providing financial services that should be licensed, leaving "consumers without important protections."
6 days agocoindesk
Bank of Japan to Run CBDC Experiments With Country's Megabanks: Report
The central bank will decide on issuing a CBDC in 2026.
6 days agocointelegraph
US Sen. Elizabeth Warren says crypto will ruin economy —community responds
Elizabeth Warren’s WSJ op-ed, which correlated the fall of the FTX crypto exchange to crypto ruining the entire economy, did not go unnoticed by the online crypto community.
6 days agocointelegraph
Core Scientific in 'substantial doubt' of continuing without more cash
The Bitcoin miner warned its cash reserves may be depleted by the end of 2022 or sooner as it cuts back on spending, including not making loan repayments.
7 days agocryptodaily
Is Genesis Filing For Bankruptcy?
Genesis has claimed that it is in talks with investors and wants to resolve its fund shortage without filing for bankruptcy. Bankruptcy Filing Not Imminent Crypto lending platform Genesis might not be one of the dominos that toppled over in the aftermath of the FTX debacle. The company has refuted reports of an imminent bankruptcy filing. It has been in a $1 billion shortfall due to its significant exposure to the defunct crypto exchange FTX. Earlier, there were reports that the firm was having trouble raising money to cover the shortfall and was considering filing for bankruptcy. Although the company never announced a bankruptcy filing, several people familiar with the matter claimed so. However, in a more recent turn of events, a company spokesperson has refuted these claims. According to them, the company is continuing to explore other alternatives through constructive decisions with creditors and has no plans to file for bankruptcy as of now. They stated, “We have no plans to file bankruptcy imminently. Our goal is to resolve the current situation consensually without the need for any bankruptcy filing. Genesis continues to have constructive conversations with creditors.” Genesis Needs $1B Emergency Loan Genesis’s misfortunes started with the downfall of the FTX crypto exchange. The lending platform, which had around $175 million locked away in its FTX trading account, experienced a severe liquidity crisis. According to reports, it had extended a loan to Alameda Research, accepting FTT tokens as collateral, which plummeted to zero after FTX’s collapse. As a result, the Genesis team had to freeze all withdrawals and start considering its options. The company was approaching major investors like Binance and Apollo Global Management for a $1 billion emergency cash loan. However, Binance, which was considered a significant potential backer, turned down the investment. As of now, the company is still attempting to raise funds but might need to go the Chapter 11 route if all other options fail to materialize. Where Does DCG Stand? Industry-wide shockwaves are still destabilizing companies and firms involved in the FTX mess. Grayscale Investment’s Bitcoin ETF, Grayscale Bitcoin Trust (GBTC), is another such firm that has suffered in the aftermath, with its shares dropping by record percentages. Both Genesis and Grayscale Investments share the same parent company, Digital Currency Group (DCG), which already had to bail Genesis out after it was exposed to the now-defunct Three Arrows Capital (3AC) a few months back. Will DCG have to come to Genesis’s rescue once again? What about its own financial health? The questions are building. 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.
7 days agocryptodaily
BoE says future crypto crashes can impact financial system
The deputy governor of the Bank of England has said that following FTX, crypto must have regulations to protect consumers and the wider financial system. Jon Cunliffe, Deputy Governor of the Bank of England, said that the fall and bankruptcy of FTX shows the necessity for crypto to be brought within the regulatory framework. He spoke at a business school in Warwick : “While the crypto world, as was demonstrated during last year’s crypto winter and last week’s FTX implosion, is not at present large enough or interconnected enough with mainstream finance to threaten the stability of the financial system, its links with mainstream finance have been developing rapidly,” He highlighted the case of FTX as he said that regulators needed to put strict rules in place as soon as possible. He continued: “We should not wait until it is large and connected to develop the regulatory frameworks necessary to prevent a crypto shock that could have a much greater destabilising impact,” In an article in the UK-based Telegraph, Cunliffe was quoted as saying that the huge fall-out from FTX would not prevent the bank continuing with its development of a central bank digital currency (CBDC), acknowledging that there was really no connection between this and crypto. He added that in particular, incoming regulation would need to ensure that stablecoins “meet standards equivalent to those expected of commercial bank money”. Opinion The fall of FTX, as well as the ongoing bankruptcies involving other major players in the centralised cryptocurrency exchange space, has been quite a boon for the banking industry. It has allowed it to call for ever-tighter regulation under the guise of protecting consumers and the risk of contagion into the traditional financial system. What is not mentioned is the very real potential for erasing all financial privacies with the roll-out of a central bank digital currency. The narrative in mainstream media appears to be crypto bad and CBDCs good. All those interested in the future of finance should investigate both options as a matter of urgency. The time is approaching when CBDCs will be thrust upon the public. Not knowing what they are will be tantamount to giving up one’s freedom without even a whimper. 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.
8 days agocryptodaily
Binance CEO: India is Not Viable for Business
Binance CEO Changpeng “CZ” Zhao has come out and said that he believes India is currently not a viable business environment for his exchange and takes issue with the country’s strict tax regime. The CEO of the world’s leading cryptocurrency exchange, Binance, has said that he does not currently see India as a viable place for his crypto undertakings. The CEO spoke at a TechCrunch crypto conference noting: To be honest, I don’t think India is a very crypto-friendly environment. CZ cites India’s harsh crypto tax regime which the government implemented earlier in the year. Finance minister Nirmala Sitharaman imposed a 30% capital gains tax on all profits made from crypto transactions. The tax law further obliges citizens to pay a 1% tax deducted at the source on every transaction so that the government can keep track of all such crypto transactions. CZ remarked: If you are going to tax 1% on each transaction, there is not going to be that many transactions. He further added: A user could trade 50 times a day and they will lose like 70% of their money. There is not going to be any volume for an order book type of exchange. So we don’t see a viable business in India today. All we can do is wait. We are attempting to present some reasoning in our conversations with various business groups and key individuals. CZ previously made comments regarding India’s taxation of cryptocurrencies arguing that high taxes on cryptocurrencies and crypto transactions in India may “kill the industry.” The government has been criticised for not introducing comprehensive regulation, opting instead to impose taxes on capital gains and transactions to curtail the industry. While the government has decided to take a rather harsh approach to crypto, it has embraced blockchain technology. The Reserve Bank of India announced that it is set to launch a central bank digital currency (CBDC) called the “digital rupee.” 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.
8 days agocryptodaily
Investors claim crypto lender Nexo blocked their withdrawals
A family of investing entrepreneurs are suing Nexo for preventing them from withdrawing their funds and claim they were intimidated into selling crypto assets back to the lender at a 60% discount. Many centralised crypto lenders are feeling the pinch right now. If they aren’t in bankruptcy then they are very likely struggling with the lack of liquidity which is something the entire crypto space is suffering from. Nexo’s case is slightly different, given that hitherto the crypto lender has not received any allegations of insolvency. However, the way it has interacted with some of its investors does leave it open to some suspicion on this account. City A.M. covered a story earlier today of two brothers and their cousin who filed a lawsuit against Nexo, claiming that it had blocked their access to withdrawing the value of more than $126 million in cryptocurrencies, and that they had been intimidated into selling discounted $NEXO tokens worth millions back to the crypto lender under the threat of not being able to withdraw. The Mortons are a family of fintech entrepreneurs who originally began to have concerns over their investments in Nexo back in 2020. The concerns included Nexo’s status with the FCA, the UK regulatory watchdog, along with the amount of $NEXO tokens owned by employees of the company. The Mortons shared their concerns with Nexo in December 2020, but felt that they hadn’t received a satisfactory response, and so started to sell their $NEXO tokens in amounts that they hoped wouldn’t affect the token price. However, in March of 2021 Nexo imposed a withdrawal limit of $150,000 a day, and then went a step further the following day by greying out the withdrawal buttons on their apps, which prevented them from withdrawing any of their cryptocurrency at all from the platform. In addition, the two Morton brothers had their convert button greyed out, thereby preventing them from converting any of their cryptocurrencies. At this point the Mortons contacted Nexo and were told by an account manager that the blocks were applied to their account in order to “support the price of Nexo tokens.” The manager then offered a deal to unblock withdrawals if the Mortons would sell their $NEXO tokens back to the company for a 60% discount. The Mortons accepted the deal and were then able to remove nearly $39 million in Tether stable coins. However, had they been able to remove their $NEXO tokens at the time they originally wanted to, then they would have been worth around $84.5 million. 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.
9 days agocryptodaily
Crypto Weekly Roundup: Silvergate Stumbles, CZ’s Fund, And More
The market is still fumbling in the aftermath of the FTX debacle. However, CZ’s recovery fund announcement boosted morale on the pricing charts. Let’s find out more. Bitcoin According to recent data, an estimated 190,000 BTC have been withdrawn from exchanges in the week following the news of FTX’s liquidity crisis. Ethereum Regulators are scrutinizing the crypto space with even more of a keen eye after the FTX bankruptcy, and experts are claiming that Ethereum’s switch to proof-of-stake had “put a huge target” on Ethereum’s back. DeFi Liquidity hub Serum had to be forked as it was compromised when a hack targeted the crypto exchange FTX. Altcoins Binance CEO Changpeng Zhao said in an AMA that most people should not invest in the crypto market now but should continue to hold. Technology Changpeng Zhao has revealed that his crypto exchange Binance will act as the ‘guinea pig’ for Vitalik Buterin’s Proof-of-Reserves protocol. Business In a sign that the FTX collapse continues to spook investors, shares of crypto bank Silvergate Capital fell significantly on Friday. Liquidator presiding over the FTX Chapter 11 bankruptcy claims that it was worse than the Enron liquidation process. The Securities Commission of The Bahamas announced that it directed that all digital assets of FTX Digital Markets Ltd (FDM) be transferred to a digital wallet controlled by the Commission for safekeeping. Crypto lender Genesis was seeking a $1 billion emergency loan just before suspending customer withdrawals on Wednesday. Matter Labs has raised $200 million in its latest Series C funding round to develop the platform’s zkSync V2 rollup network. With the pull-out of FTX from the purchase of Voyager following its own bankruptcy, Binance has gained a pole position in the new sale of the crypto lending platform. A third-party audit has revealed that the Luna Foundation Guard spent $2.8 billion to defend the peg of the algorithmic stablecoin TerraUSD (UST). Lawsuits hit a string of high-profile celebrities, like Tom Brady, Stephen Curry, Gisele Bundchen, Larry David, and Naomi Osaka, for endorsing and promoting the now-bankrupt FTX cryptocurrency exchange. Crypto lender BlockFi is preparing for a potential bankruptcy filing in the wake of the collapse of the FTX crypto exchange last week. FTX-owned crypto exchange Liquid Global has announced that it is suspending all crypto and fiat withdrawals as the FTX collapse continues to affect the markets. Ikigai founder Travis Kling disclosed the company’s exposure to FTX on Twitter and stated that it could not retrieve most of its funds. As per crypto compliance firm Argus, Alameda Research amassed hordes of tokens that were supposed to be listed on FTX. Crypto prices shot up on November 14 after CZ declared on the news that he wants to put together an “Industry Recovery Fund” to support promising projects undergoing a liquidity crisis. Regulation Amid its ongoing battle with the SEC, Ripple has announced that it is seeking to expand its presence in the European Union (EU). Coinbase CFO, Alicia Haas, says that fraud issues are with some centralized exchanges and not with crypto. NFT Football superstar Cristiano Ronaldo has launched his first-ever NFT collection in partnership with crypto exchange Binance. 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.
10 days agocryptodaily
Ripple Sets it Sights on Ireland Amid Ongoing SEC Battle
Amid its ongoing battle with the United States Securities and Exchange Commission (SEC), Ripple has announced that it is seeking to expand its presence in the European Union (EU). In an interview with CNBC earlier this week, Stuart Alderoty, General Counsel for Ripple, said that “effectively, Ripple is operating outside of the U.S.” as it stands due to its ongoing legal woes with the SEC. He added: Essentially, its customers and its revenue are all driven outside of the U.S., even though we still have a lot of employees inside of the U.S. Whilst it patiently awaits the outcome of its lawsuit, Ripple is planning to expand its presence in Europe. The firm already has two employees working on the ground in the Republic of Ireland and is seeking a virtual asset service provider (VASP) license from the Irish Central Bank so that it can “passport” its offerings throughout the EU via an entity based there. The company also plans to file an application for an electronic money license in the country “shortly.” Alderoty said that he expects a ruling on the case against Ripple which has been going on since 2020 very soon, adding that “we are at the beginning of the end of the process in our case.”. The SEC filed a lawsuit against the company alleging that the firm and its executives illegally sold XRP tokens, a cryptocurrency created in 2012 by the firm’s founders, to investors without first registering the token as a security. The company denies claims that XRP is a security, arguing that the token should not be considered an investment contract and is used in its business to facilitate cross-border transactions between banks and financial institutions. Ripple Plans to Expand in Anticipation of MiCA Ripple’s plans to expand into the EU are driven by anticipation of the zone’s Markets in Crypto Assets (MiCA) regulations coming into effect within a few years. The regulatory framework was passed by EU lawmakers earlier in the year and seeks to align rules regarding crypto assets across the region. Beyond the EU, Ripple has also made the United Kingdom a priority by releasing a white paper with a set of guidelines outlining how it thinks Britain should regulate cryptocurrencies. 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.
13 days agocointelegraph
NY Fed launches 12-week CBDC pilot program with major banks
Banking giants including BNY Mellon, Citi, U.S. Bank, and Wells Fargo will be issuing tokens and settling transactions through simulated central bank reserves as part of the pilot.
14 days agocointelegraph
Trezor reports 300% surge in sales revenue due to FTX contagion
The hardware wallet firm is certain that the latest uptick in demand is a result of investors rescuing their funds in the aftermath of the FTX failure.
20 days agocryptosrus
From Tom Brady and Steph Curry to BlackRock – Some of the FTX Investors and Partners
From SBF rescuing insolvent crypto companies left and right just months earlier to his empire in a near-doom state needing a bailout, there appears no light at the end of the tunnel as the current crypto market depression intensifies. Many experts commented that the current crypto winter would separate the chaff from the wheat. No […] The post From Tom Brady and Steph Curry to BlackRock – Some of the FTX Investors and Partners appeared first on CryptosRus.
21 day agocoindesk
Aplicaciones de Ethereum podrían lanzarse pronto en su competidora Solana
Neon Labs está próximo a lanzar su tan esperada máquina virtual de Ethereum para Solana.
22 days agocryptosrus
SEC issues subpoena to influencers promoting HEX, PulseChain and PulseX
Over several years, social media influencers have earned a bad rep among regulators for shilling risky and unvetted tokens to millions of investors. Pursuing the crackdown on such scenarios, the U.S. Securities and Exchange Commission (SEC) reportedly issued a subpoena to influencers who were found promoting cryptocurrencies such as HEX, PulseChain and PulseX. Swedish researcher […] The post SEC issues subpoena to influencers promoting HEX, PulseChain and PulseX appeared first on CryptosRus.

About Union chain

The live price of Union chain (UIN) today is ? USD, and with the current circulating supply of Union chain at ? UIN, its market capitalization stands at ? USD. In the last 24 hours UIN price has moved ? USD or 0.00% while ? USD worth of UIN has been traded on various exchanges. The current valuation of UIN puts it at #0 in cryptocurrency rankings based on market capitalization.

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

Union chain Price? USD
Market Rank#0
Market Cap? USD
24h Volume? USD
Circulating Supply? UIN
Max Supply10,000,000,000 UIN
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