The Ukrainian president has sent the recently adopted law “On Virtual Assets” back to the Verkhovna Rada, the country’s legislature. The head of state has come up with his own suggestions and opposed the establishment of a new regulatory body that would require additional financing. Setting Up New Crypto Market Regulator Will Be Expensive, Zelensky …
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Non-fungible tokens (NFTs) have been extremely popular in recent times as a great number of collections have been dropped and billions of dollars worth of NFTs have been exchanged. Just recently, a collection of NFTs stemming from the Smartbch protocol called “Poolside Puffers” was introduced to the Bitcoin Cash community. The entire collection of 2,100 …
sponsored Leading yield farming platform DeFi Yield Protocol (DYP) has collaborated with KyberDMM to boost DYP token liquidity on Avalanche blockchain. As part of the partnership, $300,000 worth of DYP and KNC tokens have been made available as liquidity mining rewards. A major milestone for DYP The collaboration between DYP and KyberDMM represents a major …
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says his agency is not looking to pursue a China-style crackdown on crypto assets. In a virtual hearing with the U.S. House Committee on Financial Services, Gensler says that the SEC will not ban cryptocurrencies because it is a decision that legislators would …
Anatoly Aksakov, chairman of the Russian State Duma Committee on Financial Markets, argued that Russia needs to adopt new laws to protect retail investors from the potential losses of investing in crypto, local news agency Interfax reported Oct. 6. To this end, lawmakers in the country’s parliament are reportedly considering new legislation to limit cryptocurrency …
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A crypto hodler is outraged after allegedly copping a $954,135 fee from centralized exchange FTX. The trader claims the fee was charged over a mistaken deposit they believe was the exchange’s fault. On Oct. 6, the Rekt Blog published screenshots of correspondence that suggest the problems began when the customer deposited around $6.3 million in …
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Eth2 staking provider Rocket Pool has postponed its launch after a possible exploit was identified in the protocol’s code. On Oct. 6, Rocket Pool announced the postponement while the team implements a fix for the bug. Rocket Pool tweeted that “relatively minimal” changes are required to patch the vulnerability and that a new launch date …
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HodlX Guest Post Submit Your Post The gaming industry, which spawned NFTs in the form of CryptoKitties, has long paved the way for new forms of customer engagement and monetization. While NFTs aren’t exactly new to gaming, their uses are maturing. Games are also exploring the use of branded tokens and stablecoins. This will mean …
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Pat Toomey, a Republican member of the U.S. Senate Banking Committee, is attempting to pressure the nominee to head the Office of the Comptroller of the Currency (OCC) into handing over her 1989 university honors thesis about Karl Marx. The Biden administration formally nominated Kazakh-born attorney Saule Omarova — who has been characterized by critics …
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MakerDAO founder Rune Christensen has published an essay outlining measures that could be taken to make the protocol a vehicle for addressing climate change. In a lengthy Oct. 5 post published to the MakerDAO governance forum, Christensen asserts that MakerDAO should strive to ensure that all of its collateral comprises “sustainable and climate-aligned assets that consider …
Continue reading “MakerDAO founder’s plans to address climate change and pivot back to ETH”
A surge in Bitcoin prices today may be in response to increased speculation that an exchange-traded product could finally be approved in the coming weeks. BTC prices are up 7% over the past 24 hours and have surged a whopping 32% over the past week according to CoinGecko. This bullish price action for BTC only, …
Continue reading “Price spike: Are whales front-running the approval of a Bitcoin futures ETF?”
U.S.-based publicly listed mining firm Riot Blockchain has revealed that its year-to-date Bitcoin production has more than tripled compared to 2020. According to a Oct. 6 announcement, Riot has mined 2,457 BTC (roughly $135 million) during 2021 so far — a 246% increase compared to the same period of the previous year. Production for September …
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Bitcoin Price Prediction – October 6 The Bitcoin price restarts the uptrend after touching the daily low of $50,416 to hit the daily high of $55,416. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $60,000, $62,000, $64,000 Support Levels: $46,000, $44,000, $42,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD looks green today …
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Like many crypto enthusiasts predicted that several countries would be following in the footsteps of El Salvador in adopting Bitcoin as a legal tender, there are indications that Tonga could be the next, as one of the country’s politicians is busy drafting a bill in that direction. Tonga will get Bitcoin bill in 2022 The …
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On October 5, the youth fashion and retail brand Pacsun announced the company is now accepting cryptocurrencies via Bitpay’s payment services. Pacsun says the company has a youthful audience that is “very tech-oriented” and the firm has seen an “increasing desire towards cryptocurrency.” Pacific Sunwear of California Goes Crypto The American retail clothing brand, Pacific …
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