While non-fungibe token (NFT) collectibles have been very popular, NFTs have brought a slew of unique debates to the table and one of them has been censorship. The artist behind Stonetoss Comics, a series of political cartoons, has been censored by two very prominent NFT marketplaces — Opensea and Rarible. Stonetoss has told the public …
Monthly archives: November 2021
Bank of England concerned about El Salvador’s Bitcoin law
El Salvador implemented a law that accepted the use of Bitcoin as legal tender in September. While the law has seen notable success as displayed by the country’s president, Nayib Bukele, on Twitter, it has also received much criticism. One of the notable figures in the financial sector, Andrew Baily, has expressed concern over the …
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New Omicron token (OMIC) gains 800% in one week amid new Covid variant
The Omicron token, one of the new additions in the crypto sector, is among the top gainers, with the price gains coming from traders who do not want to miss out on the major bullish rally. While new cryptocurrencies can be highly volatile, the OMIC token is gaining popularity because the rest of the market …
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The Sandbox Price at $7.61 after 27.2% gains – How to buy SAND
The Sandbox is one of the best performing metaverse coins in the market. The coin has gained by more than 500% during the past month. These gains come as the metaverse concept continues to make gains across the crypto sphere and beyond. SAND is among the top gaining coins during the past 24 hours. The …
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Ethereum Whales Are Buying Three Gaming Altcoins As Bitcoin and Crypto Markets Bounce Back
As Bitcoin and the overall crypto markets begin to show signs of recovery, new data is revealing which gaming tokens Ethereum whales are most interested in accumulating. On-chain data shows the largest Ethereum whales in existence are now purchasing the gaming metaverse Decentraland (MANA) above all gaming tokens. On average, each MANA whale purchase has …
Crypto is a hedge for 46% of Russian retail investors, survey states
Almost half of retail investors in Russia believe that cryptocurrencies like Bitcoin (BTC) are a hedging asset associated with stable income, according to a new survey. Financial publication Investing.com has polled 1,000 Russian retail investors to find out the most requested types of alternative investments. According to a survey of 1,000 Russian retail investors by …
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Singaporean crypto exchange enters India amid regulatory uncertainty
Despite India’s unpredictive stance towards crypto regulations, Singaporean crypto exchange Coinstore has allocated a $20 million fund to set up three new offices in the Indian cities of Bangalore, Delhi and Mumbai. Coinstore announced to launch its web and app platform in India for spot and futures trading, opening up a new crypto investment avenue …
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Where will BTC end November 2021? 5 things to watch in Bitcoin this week
Bitcoin (BTC) is back at $57,000 as a new week begins after a late surge produced a much better weekly close than many expected. Making up for last week’s Coronavirus-induced sell-off and associated price dip, Bitcoin passed $58,000 overnight before consolidating higher, still up around 5.7% on the day. The outlook could hold many a …
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Nifty News: Damien Hirst airdrops NFTs, AMC teams up with Spider-Man, 3D NFTs on ICP
AMC Theatres is planning a NFT promotion to celebrate the opening day of Sony Pictures’ Spider-Man: No Way Home at cinemas across the United States. The company is offering a limited number of up to 86,000 Spider-Man NFTs for members of its “AMC Stubs Premiere & A-List” and “AMC Investor Connect” subscriptions. Those who purchase …
Bitcoin processes more dollar value than PayPal, could surpass Mastercard by 2026
Market intelligence platform Blockdata has suggested in a new report Bitcoin could outstrip credit card giant Mastercard in the number of dollar transactions value processed. Bitcoin processes more dollar value than PayPal Just recently, Bitcoin overtook the giant payment tech company, PayPal, in terms of value transfer. At the time of writing, the Bitcoin network …
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Study: 8.3% of Polled South Africans Own NFTs, a Further 9.4% Plan to Buy
About 8.3% of polled South African internet users own NFTs while a further 9.4% said they plan to acquire such tokens in the future, a study has found. Twelfth-Highest NFT Adoption Rate According to the findings of the latest Finder online survey, about 8.3% of the 1,205 South African internet users surveyed own a non-fungible …
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Bank of England Governor Worried About Bitcoin Being Legal Tender in El Salvador
The governor of the Bank of England, the country’s central bank, has voiced concerns about El Salvador choosing bitcoin as a national currency. Citing a recent warning by the International Monetary Fund (IMF) against bitcoin’s use as legal tender, the governor said: “What would worry me most of all is, do the citizens of El …
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Rich Dad Poor Dad’s Robert Kiyosaki Says He’s Buying Bitcoin and Ether as Inflation Escalates
The author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has revealed that he is buying more bitcoin and ether amid rising inflation concerns. “Inflation is a tax on the poor and middle class. Inflation makes the rich richer,” he stressed. Robert Kiyosaki Warns About Inflation, Reveals He’s Buying More Bitcoin and Ether …
Obscure Omicron token spikes 900% after new variant emerges
A relatively obscure cryptocurrency called Omicron (OMIC) has surged to an all-time high today as a new fast-spreading COVID-19 variant got christened with the same name. Omicron’s OMIC token hit an all-time high of $689 a couple of hours ago during the Monday morning Asian trading session. The move has added another 200% gains on …
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Hackers Are Now Using Compromised Cloud Accounts To Mine Crypto
Attackers are exploiting poorly configured cloud accounts to mine crypto, Google warned users in a recent report. Cryptocurrency mining is a computationally intensive activity. And Google Cloud customers can access it at a cost. However, miners are now hacking Google Cloud accounts for mining purposes.In the report titled “Threat Horizons,” Google’s cybersecurity team assessed various …
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