On January 3, 2022, the Bitcoin network will be celebrating its 13th year of life after its creator Satoshi Nakamoto kick-started the protocol. The creator of Bitcoin has always been the community’s most famous and mysterious character. Roughly ten years ago, Satoshi logged off, never to return and it’s very likely the inventor won’t ever …
Monthly archives: October 2021
Bitcoin ATMs Double This Year, Exceed 30,000 Globally
Locations providing crypto ATM services have increased exponentially this year, according to data compiled by a major tracking site. Bitcoin ATMs have doubled in number since January and close to 80 countries now host teller machines exchanging cryptocurrencies with fiat money. Over 30,000 Bitcoin ATMs Operate Around the World In a year when cryptocurrency markets …
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The Legends of Bezogia Blockchain NFT Rental MMO Game Takes Gaming Industry by Storm
sponsored The Legends of Bezogia, the land where everything always goes up, is a massive open-world sandbox-style game where players can summon their own Bezogi characters from a large selection of different breeds by minting in-game NFTs, which randomly generate Bezogi. Each unique to their own playstyles and lore, Bezogi fight, craft and explore the …
Nigerian Judge Rules in Favor of Accused Crypto Startup, Accounts to Be Reopened
A Nigerian Federal Court judge recently ruled that the two frozen bank accounts belonging to Rise Vest Technologies, which is accused of trading cryptocurrencies, must be reopened. CBN’s Bank Account Freeze Order Dismissed In a ruling that overturns the Central Bank of Nigeria (CBN)’s August 17 decision to freeze the bank accounts, Judge Taiwo Taiwo …
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Ripple Tackles $78 Billion Remittance Industry in Middle East Using New XRP-Based On-Demand Liquidity Program
While clashing in court with US regulators, Ripple Labs continues to launch its XRP-powered cross-border payment product, On-Demand Liquidity (ODL), in new regions of the world. ODL works by leveraging XRP to eliminate the necessity for pre-funded accounts in cross-border payments. The San Francisco-based company announced this week that it is deploying ODL in the …
Upgradable NFTs: How collaborations will leap forward
Artist collaborations are an undeniable cornerstone of modern pop culture. The confluence of creative minds ultimately captured in a single artwork is something that has perpetually aroused audiences, critics and the creative community. Take “The Marilyn Diptych,” by American pop art pioneer Andy Warhol. The iconic art piece is based on a publicity photograph of …
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Bitcoin price dip matches October 2017 with BTC ‘explosion’ still forecast before 2022
Bitcoin (BTC) has dipped below $60,000 — but BTC price action is still mimicking the eye-popping 2017 bull run. The latest data covering Bitcoin’s current halving cycle versus its previous one shows just how similar 2017 and 2021 really are. Bitcoin prints more eerie 2017similarities Bitcoin has had its ups and downs this year, but …
Privacy or policy? Why Facebook’s crypto wallet, Novi, is facing resistance
The stablecoin market has grown exponentially over the last few months due to the numerous advantages blockchain-based versions of fiat currencies have. But, when Facebook launched its cryptocurrency wallet Novi using Paxos’ stablecoin, some United States senators were quick to oppose it. Are they concerned about user data or monetary sovereignty? The social media giant …
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Shiba Inu could surpass Dogecoin after a 700% SHIB price rally in October
Shiba Inu (SHIB) continued its march upward on Oct. 27, with its price hitting a record high of nearly $0.000060 before correcting lower. SHIB rallied by more than 25% to an all-time high of $0.00005959, crossing above its previous all-time high of 0.00005000, according to data from Binance. The latest move upside pushed the token’s …
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DAY LONG NEWS ROUNDUP: LATEST NEWS 27/10/21
We bring you the top headlines impacting the blockchain and crypto space on 27/10/21 so you can stay informed and updated on the latest information. Adobe offers verification of NFT marketplaces through metadata The software giant Adobe, has come up with a new feature which enables the Non Fungible Tokens or NFT Marketplaces to allow …
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These Four Low-Cap Altcoins All Skyrocket 84% or More Within Seven Days
Four under-the-radar altcoins are printing massive gains this week as the crypto markets continue to flash signs of bullish momentum. One of the week’s top gainers is Kadena (KDA), a high-throughput hybrid blockchain protocol. ADVERTISEMENT CoinGecko shows that the altcoin rallied from a seven-day low of $2.77 to a new all-time high (ATH) of …
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Dubai finance watchdog approves listing of Bitcoin fund
The Bitcoin Fund (QBTCu.TO), a closed-end investment vehicle based in Canada, has received regulatory approval from the Dubai Financial Services Authority (DFSA). The fund debuted on Nasdaq on June 23, 2021, and became the first listed digital asset fund in the Middle East. The fund’s goal is to provide investors with exposure to Bitcoin (BTC) …
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Latin America stands to benefit most from crypto, says Uphold exec
El Salvador’s Bitcoin (BTC) adoption has triggered a digital asset revolution in Latin America, and the region could benefit even more if people can exchange cryptocurrencies, fiat money and the upcoming central bank digital currencies (CBDC) on the same infrastructure, said the head of multicurrency investment platform Uphold. Speaking to Cointelegraph, Uphold CEO JP Thieriot …
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Slovenian finance ministry seeks public opinion on crypto tax laws
Slovenia’s Ministry of Finance is reportedly seeking public consultation on a draft bill related to taxing cryptocurrency investments, according to local reports. The ministry’s intent to gauge investor sentiment comes almost a month after the Financial Administration of the Republic of Slovenia proposed a 10% tax on cryptocurrency activities. If signed into law under Slovenia’s …
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DeFi stablecoins protocol Ampleforth launches on Avalanche (AVAX)
Ampleforth development firm Fragments Inc. announced today the completion of Avalanche’s integration with the Ampleforth protocol to bring AMPL, the Ethereum-born decentralized unit of account for denominating stable contracts, over to the sixth-largest blockchain in the world. Since August, the decentralized finance stack on Avalanche’s Layer 1 blockchain has grown to become one of the …
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