• Visa CEO Alfred Kelly believes that stablecoins and CBDCs will play a meaningful role in the payments space.
• Visa has invested in multiple crypto funds and companies, and has a complementary and competitive relationship with cryptocurrencies.
• The company’s annual report also mentions their exploration of new opportunities and risks in the blockchain space.

Visa, the world’s largest credit card company, recently released their 2022 annual report and held a conference call discussing the implications of cryptocurrencies on the payment space. Alfred Kelly, CEO of Visa, spoke to shareholders about the future of stablecoins and central bank digital currencies (CBDCs), noting that they will have a “meaningful role” in the payments space.

Visa has already made multiple investments in the crypto space, including various funds and companies. Kelly noted that the company’s relationship with cryptocurrencies is both complementary and competitive – while they pose both opportunities and threats, Visa is exploring them and looking for new opportunities to use blockchain technology.

The company’s annual report also mentioned their exploration of the blockchain space. It noted that Visa has already started “multiple initiatives” in the space, and will continue to monitor any new risks and opportunities that arise from the use of cryptocurrencies. The report also stated that Visa is committed to staying up-to-date with the ever-evolving payments landscape and exploring potential uses of cryptocurrencies.

The report concluded with a reiteration of Visa’s commitment to staying ahead of the curve in the payments space, exploring new technologies and expanding their offerings. As CEO Alfred Kelly stated, Visa believes that stablecoins and CBDCs will have a “meaningful role” in the future of payments. The company is actively investing in and exploring these new technologies, and is looking to capitalize on the opportunities they present.

• Bitget has become the first CEX to launch copy trading in the spot market.
• Copy trading provides an easy way for beginners to shadow their trading portfolio with a more experienced trader, in order to increase their chance of profitability.
• Users have access to more transparency and flexibility, as the feature discloses detailed information of the trading portfolio.

Bitget, a leading crypto derivatives exchange, has announced that it has become the first exchange to launch copy trading in the spot market. This feature is of great importance, since it provides a great starting point for beginners to shadow their trading portfolio with a more experienced trader, and increase their chance of profitability. Additionally, users are entitled to more transparency and flexibility as the feature discloses detailed information of the trading portfolio.

Bitget had first launched its highly liquid, highly innovative flagship product, One-Click Copy Trade, to deliver a similarly intuitive experience for derivatives traders in 2020. Now, the exchange has honed its product to offer the same advantages to spot traders. This product is a great tool for beginners, as it allows them to learn the market in a more efficient way and gain profits while doing so.

Copy trading provides a wide range of benefits. It allows users to follow the same strategies used by more experienced traders, while also giving them the freedom to adjust their trading portfolio according to their preferences. This way, users can customize their trading experience and increase their profits.

At the same time, users have access to detailed information about the trading portfolio of their chosen traders. This information is available in the form of a real-time feed, which means that users can quickly and easily identify the best trading opportunities. Moreover, users can also set up their own portfolio and follow the strategies of multiple experienced traders.

In conclusion, Bitget has become the first CEX to launch copy trading in the spot market. This feature is a great tool for beginners, as it allows them to learn the market in a more efficient way and gain profits while doing so. Additionally, users are entitled to more transparency and flexibility as the feature discloses detailed information of the trading portfolio. All in all, Copy trading is a great way for users to gain insight into the trading strategies of more experienced traders and customize their trading experience according to their preferences.

• Flare Network has initiated its FLR token airdrop across multiple major exchanges, distributing 4.279 billion tokens to millions of users.
• The initial airdrop represents 15% of the total token distribution and took place at 23:59 UTC on January 9.
• The remaining 85% of tokens will be distributed over the next 36 months according to the Flare Improvement Proposal 01.

The Flare Network has recently initiated its FLR token airdrop, distributing 4.279 billion tokens to millions of users across multiple top exchanges. The initial airdrop represents 15% of the total token distribution and took place at 23:59 UTC on January 9. The participating exchanges included Binance, OKX, Kraken, Bithumb, UpBit, Kucoin, and BitBank, among others.

The remaining 85% of tokens will be distributed over the next 36 months according to the Flare Improvement Proposal 01. This proposal, if passed, would place a hard cap on FLR’s annual inflation rate at 10%. This would help to ensure that the token is able to maintain its value over the long-term. The FLR token enables users to participate in the network’s governance and use it as a staking vehicle for the Flare Network’s consensus algorithm.

The airdrop marks one of the most large-scale token distributions in crypto history and is intended to reward long-term holders of XRP. XRP holders who hold and maintain at least a balance of 20 XRP in their wallets for at least 90 days prior to the snapshot date of December 12, 2020, are eligible for the FLR token airdrop.

The Flare Network is a layer-1 oracle network that enables the execution of smart contracts on XRP, Ethereum and other UTXO and account-based networks. The network is based on a hybrid consensus mechanism and consists of two separate components: a Proof of Stake (PoS) consensus layer and a trusted execution environment (TEE) layer.

The FLR token will play a crucial role in the Flare Network, allowing users to take part in the network’s governance and use it as a staking vehicle for the Flare Network’s consensus algorithm. The token itself has several other uses, such as as a medium of exchange and a way to pay transaction fees on the network.

The Flare Network’s FLR token airdrop is a significant event in the crypto space, as it is one of the largest token distributions ever seen in the industry. It is a great opportunity for users who have held XRP for a long time, as they will be able to benefit from the airdrop and use their FLR tokens to further participate in the Flare Network’s governance and use it as a staking vehicle.

• The CFTC has charged Mango Markets exploiter Avraham Eisenberg with violating federal commodities laws during his $110 million manipulation attack in October.
• The commission seeks various forms of penalties and relief from the attacker, some of which include trading bans, restitution, and disgorgement.
• The complaint filed on Monday alleges that Eisenberg misappropriated over $100 million from the Mango Markets platform by engaging in a manipulative and deceptive scheme to inflate the price of swaps on the platform.

The Commodities and Futures Trading Commission (CFTC) has recently announced that it has taken legal action against Avraham Eisenberg for his attack on the Mango Markets platform. The CFTC is seeking a range of penalties and relief from Eisenberg, who is accused of misappropriating over $110 million from the platform.

The attack took place in October and according to the complaint filed by the CFTC, Eisenberg engaged in a manipulative and deceptive scheme to inflate the prices of swaps on the platform. Eisenberg allegedly exploited certain features of the Mango Markets platform to his advantage and managed to misappropriate over $100 million from the platform. The CFTC believes that Eisenberg’s actions violated federal commodities laws and is now seeking various forms of penalties and relief from him. These include trading bans, restitution, and disgorgement.

The CFTC is not buying Eisenberg’s argument that his attack on Mango Markets was a legal act and has taken strong action against him. The commission has noted that a successful prosecution of Eisenberg will serve as a warning to other malicious actors that such actions will not be tolerated. The CFTC is also hoping that this action will help to protect customers of Mango Markets and other similar platforms from similar attacks in the future.

The CFTC has urged customers affected by the attack to come forward and provide information that could help in the investigation. The commission has also asked members of the public to report any suspicious activities that could be related to the attack.

The CFTC is committed to ensuring that the markets remain fair and transparent for all participants. The recent action taken against Eisenberg is a testament to that commitment and should serve as a warning to all malicious actors that such activities will not be tolerated.