Come one, come all! Welcome to the Coin Bureau. Find your seats and settle in for another edition of our head-to-head exchange comparison series, where we pit the biggest and best cryptocurrency exchanges against one another to help our readers figure out which is the proper exchange for them. In the left corner in the […]

The post Binance vs KuCoin: Which Exchange is BEST? appeared first on Coin Bureau.

Based on job postings it looks like crypto exchange giant FTX.us is getting into blockchain gaming. A search reveals a number of blockchain gaming based job postings, including this one for a Unity developer. There are also openings for C# programmers and software engineers. The new gaming unit at FTX.us is part of a $100 […]

The post Blockchain Gaming coming to FTX.us appeared first on Coin Bureau.

Singapore, Feb 22, 2022 - (ACN Newswire) - Singapore based web3 startup Atem Network has recently raised $3 million in its seed round led by INCE Capital. The other investors include GSR Ventures, Mask Network, Mirana Ventures, A&T Capital, Atlas Capital, Foresight Ventures, Zonff Partners, and Michael Zhang, Co-founder of Zhihu.

According to Atem Network, the fund will be used to build a multichain web3 social platform combining decentralized community and social trades. On the platform, group spaces can be initiated based on tokens and NFTs (both classified as crypto assets) allowing users to chat, trade and govern. This will create a community exclusively for crypto and NFT owners with strong mutual interests. Additionally, the team is working on sketching a user portrait layer based on on-chain data to serve different Dapp developers, including group spaces and channel recommendations in Atem. Unlike web2, all values created in this web3 community will be given back to the community members as rewards. Atem's long-term goal is to make full use of on-chain data to serve different Dapp developers and become the go-to one stop solution for the social infrastructure of web3.

Commenting on the fund raising, Leo Li, CEO of Atem Network, said, "We are at the brink of massive changes brought about by Web3 which will undoubtedly become a part of our daily lives in the future. It's our great honor to have the support from the community and participate in this epic trend. We will keep on building great products for the community, and focus on how to better serve community and social trades."

The founding team consists of young professionals with experience across top tier tech firms, investment banks and venture capital. Leo Li is a Tsinghua University alumnus. He worked as a product manager at TikTok and a venture capitalist at INCE Capital before he became an entrepreneur in web3. Eric Chan, COO of the project, former Head of Growth Product at Bybit, has 12 years of experience in finance, technology and crypto exchange sectors and served companies including Meta, TikTok, J.P.Morgan and HSBC.

About Atem Network

Founded in November 2021, the company is currently developing its chat tool product which aims for beta release in mid-March, 2022. Atem Network will be offering its very first 5,000 limited edition NFT passports to the crypto and NFT communities. Anyone who holds the passport will get first-hand experience on the Atem platform and additional future rewards. More information can be found on Atem's page (https://www.atemnet.com).

Social Links
Twitter: https://twitter.com/atem_network
Telegram: https://t.me/atem_official
LinkedIn: https://www.linkedin.com/company/atemnetwork
Discord: https://discord.gg/vdRGVpF7

Media Contact
Company: Atem Network Pte. Ltd.
Contact: Simone, Public Relations Director
E-mail: hello@atemnet.com
Website: https://www.atemnet.com/

SOURCE: Atem Network Pte. Ltd.

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

Amber Group, a global digital asset platform, announced that it has secured US$200 million in a Series B+ round led by investment company Temasek, valuing the company at US$3 billion.

The post Temasek Led Crypto Platform Amber Group’s US$200 Million Series B+ Fundraise appeared first on Fintech Singapore.

The emergency act invoked by Canada’s government is taking a turn for the worse as far as financial surveillance is concerned. During a press conference, Canadian Finance Minister Chrystia Freeland said that the government is reviewing making the surveillance over financial transactions brought by the act permanent. Cryptocurrency platforms would be affected by the matter, […]

Read full post Canadian finance minister hints at making the recent financial surveillance laws permanent. on Chaintimes.com.

SINGAPORE, Feb 21, 2022 - (ACN Newswire) - Moonstake is pleased to announce that our users can now earn interest from staking the FIO token of the FIO Protocol on our Web Wallet! Hold, send, receive, and stake FIO to receive rewards with the best user experience through one single click. After Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs, IOST, TRON, and Shiden, FIO became the 15th staking coin available on Moonstake. Moonstake is now also one of the official Block Producers on FIO.
FIO staking activation is scheduled to take place on 22nd February 2022. Before this activation, each FIO token staked will begin accruing rewards at an early-access rate. Through this partnership, the Moonstake and FIO teams have worked together to bring you FIO staking feature before Staking Activation to start earning the early-access, proportional reward potential on Moonstake Wallet.

After Activation is achieved, and as more tokens are allocated to the Staking Rewards Pool moving forward, rewards accrued per FIO token staked will decrease over time. This means that, after Activation is achieved, those who still stake earlier will accrue greater proportional rewards than those who stake later.

Moonstake started the staking business last year with the aim to create the largest staking network in Asia. Since then, we have developed the most user-friendly Web Wallet and Mobile Wallet (iOS/Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake's total staking assets have grown rapidly to reach $1.8 Billion, allowing Moonstake to become one of the top 10 staking providers globally. Since March this year, Moonstake has also entered DeFi together with the newly launched DeFi platform, Muse.Finance, who has begun releasing its core DeFi products which are all scheduled to be integrated into Moonstake platform to enable advanced DeFi connectivity for our global users.

Meanwhile, FIO (short for Foundation for Interwallet Operability) was founded in 2020 and aims to enable easier, safer and more joyful crypto transactions on any type of token or coin. The FIO Protocol is designed to ensure the cryptocurrency user experience is uncomplicated and lays the foundation for cryptocurrency mass adoption. Long complex addresses have been replaced with user-customized FIO Crypto Handles such as "user@fio" that enable decentralized sending, receiving and payment requests (invoices, order carts, etc.), as well as, cross-chain end-to-end encrypted metadata (the information for those invoices, order carts, etc.) that can work across all blockchains.

How to stake FIO on Moonstake Wallet

Here's a simple 3-step process to stake FIO with Moonstake Wallet:
- Register your Moonstake Wallet via Web or mobile (iOS/Android)
- Select FIO from the "Wallets" screen and click the "Add Asset" button.
- Access the FIO screen to check your staking information. From the Staking tab, click the "Stake" button, input the amount to stake, and enter your wallet password to complete.

How FIO staking works

Hold FIO, no minimum staking amount.
Agree to lock in and stake FIO

While your FIO tokens are being staked, they remain in your wallet while you earn staking rewards. The Staking method ensures that stakers of FIO Tokens will always earn a positive return - meaning they receive more FIO Tokens back when they unstake than the number they staked.

How to get rewards for FIO staking

Rewards are given in FIO tokens and users will have to claim rewards. Please note that if you unstake your tokens prior to staking activation on 22nd February 2022, you will not receive any rewards.

How FIO unstaking works

If token holders want to send an asset that is currently staked, they will need to unstake it first. Unstaked tokens are locked and are unspendable for a period of 7 days. After that, they can be transferred as normal.

Moonstake is proud to deliver on our promise of bringing great value to users worldwide not only through enabling FIO staking, but also by integrating the feature before FIO staking officially launches on Mainnet, allowing our users to enjoy the greatest amount of earning potential per token staked.

About Moonstake

Moonstake is the world's leading staking service provider that develops and operates decentralized wallet services for businesses and individuals.

Since its launch in April 2020, Moonstake has partnered with 27 leading platform providers, including Cardano's constituent Emurgo, developer of the Polkadot-connected blockchain Astar Network Stake Technologies, and the TRON Network with over 50 million users. In May 2021, Moonstake further enhanced its corporate credibility by becoming a wholly owned subsidiary of OIO Holdings Limited, a company listed on the Singapore Stock Exchange.

Using blockchain technology, Moonstake aims to progress toward a world where anyone can easily make use of highly secure and reliable digital asset management tools. https://www.moonstake.io/

About Moonstake's staking business

For the staking industry, which has grown into a 630-billion dollar market as of September 2021, Moonstake provides a decentralized staking service that does not require user deposits, and supports nodes around the world in addition to its own validator nodes. Moonstake currently supports the staking of 12 blockchains. With a total staking assets of 1.8 billion USD and a global user base, the company ranked third out of more than 10,000 providers worldwide in June of the same year.

About FIO Protocol

The Foundation for Interwallet Operability (FIO) is an industry consortium, consisting of leading wallets, exchanges, crypto payment processors, and various other entities and community members dedicated to the pursuit of blockchain usability through the FIO Protocol.

FIO's vision is to operate as a Decentralized Autonomous Consortia (DAC), guided by the community and blockchain ecosystem. We encourage everyone to participate in helping define the FIO Protocol and to provide feedback on how to improve blockchain usability. Our Foundation values Openness and Transparency, Diversity in Community, and Fairness. https://fioprotocol.io/

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comMoonstake is pleased to announce that our users can now earn interest from staking the FIO token of the FIO Protocol on our Web Wallet! Hold, send, receive, and stake FIO to receive rewards with the best user experience through one single click. After Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs, IOST, TRON, and Shiden, FIO became the 15th staking coin available on Moonstake. Moonstake is now also one of the official Block Producers on FIO.

Kookmin Bank is planning to launch the first crypto fund in the country. The bank announced on Feb. 21 that it had formed a Digital Asset Management Preparatory Committee to determine product and strategy capabilities regarding digital assets and artificial intelligence investment funds. The bank expects to launch crypto exchange-traded funds (ETFs) and futures products. The committee […]

U.K’s Financial Conduct Authority (FCA) has expressed concern over a recent move by the cryptocurrency exchange Binance that has given it access to the U.K. payments network, the Financial Times reported. The FCA had booted Binance out of the country in June last year for disobeying basic financial regulations, but the exchange has partnered with […]

Singapore has long been praised for being a forward-thinking, progressive jurisdiction that supports technology and innovation. This has enticed a horde of cryptocurrency and blockchain startups to set up shop

The post Singapore Tightens Regulatory Grip on Crypto appeared first on Fintech Singapore.

The US-based company will design a novel tracking solution for a luxury brand from New York to secure product authenticity through a blockchain consortium network.

(PRWeb February 21, 2022)

Read the full story at https://www.prweb.com/releases/hashcash_to_build_blockchain_consortium_to_safeguard_authenticity_of_ny_luxury_brand/prweb18505432.htm

Digital asset exchange Binance has become the first crypto company to support the Association of Banks of Russia in efforts devoted to regulating the country’s growing cryptocurrency market. The coin trading platform will also work with authorities in Moscow as they try to adopt rules for the industry. Binance to Provide Crypto Expertise to Russian […]

Key Takeaways As crypto has grown, regulators have become more interested in monitoring the space. Several U.S. agencies, including the SEC, CFTC, and OCC,...