Blockchain
KuCoin Delivers Keynote Speech at Green Sustainable Finance Forum in COP28 Blue Zone
Dubai, UAE, December 12,2023 – KuCoin, a top five global crypto exchange, proudly presented at the Green Sustainable Finance Forum at the United Nations Climate Change Conference (COP28) in Dubai, UAE. The Forum was held in the Rotary Pavilion organised by the Global CSR Foundation.
COP28 brought together a diverse group of over 90,000 attendees, and is expected to be a critical platform for galvanising global climate action. The Green Sustainable Finance Forum has shed light on how to integrate sustainability into the financial system by raising awareness and leveraging technology.
KuCoin’s Chief Sustainability Officer (CSO), Nancy Cheung, delivered a keynote speech on the critical role of Green Blockchain technology. She emphasised how blockchain technology and decentralization have brought positive changes to the society, and also mentioned that “KuCoin is deeply committed to fostering green sustainable finance and development. We call on everyone to join their efforts toward this great action, and to make the world a better, and greener place.” Other distinguished guests including Patrick Bolton, the former President of the American Finance Association, Beatrice Weder di Mauro, Chairman of the Center for Economic Policy Research (CEPR) also joined the forum to share their insights on Climate Change on Finance, and CEPR and Climate Change.
The issue of climate change has long been a pressing concern for nations globally, representing a universal challenge for humanity. Blockchain, as an emerging technology, holds the potential to push forward the mass adoption and application of green finance due to its diverse, transparent, traceable, and immutable nature, while playing an effective and vital role in the global efforts to reduce carbon emissions. Such promising potential, on the other hand, also creates a demand for professionals skilled in blockchain technology within the sustainability sector, unlocking more opportunities ahead.
At its heart, decentralization is about the distribution of power away from a central authority, and is often seen as a progressive move of refining the structure of human society. This shift can democratize access to opportunities and resources. A decentralized system,enables women to find more accessible entry points to advance their professional path. In addition, decentralization removes barriers imposed by geographical location, socio-economic status, and gender biases, thus leveling the playing field for women and other underrepresented groups.
As an organisation deeply engaged in the blockchain sector, KuCoin urges the industry to join hands, leverage our resources, and foster a sustainable future as a team. Together for a greener earth, together for a brighter tomorrow.
About KuCoin
Launched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community action reach, it offers over 700 digital assets and currently provides spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending to its 30 million users in more than 200 countries and regions. KuCoin is currently one of the top 5 crypto exchanges according to CoinMarketCap. In 2023, KuCoin was named one of the Best Crypto Exchanges by Forbes and recognized as a highly commended global exchange in Finder’s 2023 Global Cryptocurrency Trading Platform Awards.
Blockchain
Ebang International Reports Financial Results for Fiscal Year 2023
Blockchain
FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers
A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.
The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.
Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.
The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.
As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.
Source: cointelegraph.com
The post FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers appeared first on HIPTHER Alerts.
Blockchain
Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.
The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.
Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.
As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.
Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.
Source: blockchain.news
The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.
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