President Alexander Lukashenko has advised workers to stay in their home country instead of emigrating to fill low-paid farming jobs in Poland and Germany. The Belarusian leader pointed to an alternative source of income, noting there’s enough electricity in Belarus to power cryptocurrency mining. Lukashenko Calls on Belarusian Workers to Build Mining Farms, Not Work …
Monthly archives: August 2021
Dogecoin Millionaire Says He’s Going ‘All in’ on Cardano — Bullish on Both DOGE and ADA
The dogecoin millionaire who invested all his savings in the meme cryptocurrency early this year says he is now going “all in” on cardano, calling it the “next best bet.” He is bullish on both cryptocurrencies. Dogecoin Millionaire Thinks Cardano Is the ‘Next Best Bet’ Glauber Contessoto, the 33-year-old dogecoin millionaire, told CNBC in an …
Dogecoin Scam Investigated in Turkey After Founder Allegedly Stole 350 Million DOGE From Investors
Turkish police have launched an investigation into a dogecoin investment scheme that has allegedly duped 350 million dogecoins from about 1,500 investors. Dogecoin Scheme Dupes Investors in Turkey The chief public prosecutor’s office of Küçükçekmece, a suburb of Istanbul, is conducting a large-scale investigation into a cryptocurrency scam, Turkish news television channel TV100 reported this …
Jack Dorsey Discusses Square Building a ‘Bitcoin-Native’ Dex Platform, Project Lead Shares Insight
On Friday, the CEO of Twitter and Square, Jack Dorsey talked about the decentralized exchange Square is constructing called “TBD” or the “TBD BTC DEX.” First mentioned in July, Dorsey tweeted that the company has “determined [TBD’s] direction and he also shared a Twitter thread written by Mike Brock, the TBD lead at Square. Jack …
Afghanistan’s Economic Crisis: ‘No One Has Money’ Says Afghani Banker After US Seized Central Bank’s Assets
The troubles in Afghanistan rage on after the U.S. government spent 20 years and trillions of dollars on a conflict that was never resolved. The U.S. government, Federal Reserve, and allied partners have seized the central bank of Afghanistan’s assets and as time passes, the country’s citizens have run out of money. Regional reports show …
Prominent Crypto Trader Predicts Dogecoin Breakout, Updates Forecasts for Three More Altcoins
A popular crypto trader and analyst is predicting a breakout in Dogecoin (DOGE) while sharing his updates on three more altcoins. The pseudonymous trader, known as Kaleo, tells his 365,000 followers that he’s stacking more of the meme crypto DOGE as it brushes up against a critical resistance level in its Bitcoin pair (DOGE/BTC). ADVERTISEMENT …
Crypto can alleviate the financial fallout for people in Afghanistan
“One of the greatest tragedies in life,” according to author K. L. Toth, “is to lose your own sense of self and accept the version of you that is expected by everyone else.” For the people of Afghanistan — almost 40 million of them — the loss of self, as well as the loss of …
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Here’s How Much Your $1,200 Stimulus Check Would Be Worth In Various Cryptocurrencies In 2021
Crypto had started to bull in 2020 at the height of the pandemic. Most thought that the financial markets would suffer greatly when most of the world went into lockdown, this would turn out to not be the case. Although the various markets had experienced price crashes at the beginning of the pandemic. Then, markets …
FTX Bags Naming Rights Of Cal Memorial Stadium For $17.5M To Display Their Brand
Cal Memorial Stadium has sold its naming rights to FTX during its second vital branding move. This venture was put forward after the purchase of the Miami Heat Arena’s naming rights in March. FTX is a Crypto derivative exchange that bought the Cal Memorial Stadium from California University. This move by FTX aims to introduce …
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Kraken Supports Ethereum 2.0 Clients Team Alongside Five DeFi Projects With A $250K Donation Each
Kraken and five other DeFi projects contribute $250,000 each to support the teams that work on the Ethereum upgrade. In addition, they donated the sum to the ETH Foundation to develop the network’s version 2.0. Open-source developer teams like Erigon, Besu, Nimbus, Geth, and Nethermind will join the ETH Foundation in the donation. 1/ A …
Ethereum Issuance Drops Below Bitcoin’s For the First Time, Why This May Lead to a New Rally
Ethereum has been on a rally for the past week, moving from a two-month low at $1,700 to its current level at $3,223. Several factors have pushed the crypto market into a new rally, but most seem to gravitate around ETH and its ecosystem. ETH moves sideways into the weekend on the 24-hour chart. Source: …
You Can Now Use Your .COM Domain As An Ethereum Wallet Thanks To This Integration
Ethereum is the second-largest cryptocurrency in the market. Its popularity has led to a number of integrations to make transactions easier for its users. Even upgrades like ETH 2.0 are working towards this same goal. Ethereum wallets are not hard to get or operate, as long as one understands how cryptocurrencies work. But instead of …
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3 ways traders use Bitcoin futures to generate profit
Whenever there’s data out on futures contracts liquidation, many novice investors and analysts instinctively conclude that it’s degenerate gamblers using high leverage or other risky instruments. There’s no doubt that some derivatives exchanges are known for incentivizing retail trading to use excessive leverage, but that does not account for the entire derivatives market. Recently, concerned …
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Cardano Enters ‘Final, Critical Stage’ Prior to Alonzo Upgrade Next Month: IOHK
Cardano has entered the “final, critical stage” prior to the platform’s much-publicized Alonzo upgrade, according to blockchain research and engineering company Input Output Hong Kong (IOHK). IOHK has submitted an upgrade proposal to the Cardano testnet to “hardfork the chain into the Alonzo era,” according to a Twitter post from the company. ADVERTISEMENT The …
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Tech Titan Jack Dorsey Says He’s Building a Decentralized Exchange for Bitcoin
Square and Twitter CEO Jack Dorsey is building a decentralized exchange for Bitcoin (BTC). The tech mogul broke the news to his 5.6 million Twitter followers on Friday after first announcing last month that Square was developing a new business, called TBD, focused on creating decentralized finance (DeFi) services for Bitcoin (BTC). ADVERTISEMENT We’ve …
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