U.S. Senator Ted Cruz of Texas submitted a resolution on the Senate floor Monday that would require the acceptance of cryptocurrency payments at all gift shops, restaurants and vending machines located within the Capitol Complex. The resolution, titled Adopting Cryptocurrency in Congress as an Exchange of Payment for Transactions, or ACCEPT, also prohibits the Architect of …
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The Securities and Futures Commission, or SFC, in Hong Kong is reviewing regulations surrounding virtual currency transactions, including whether individuals can invest in exchange-traded funds, or ETFs. According to a report by South China Morning News on Wednesday, the 2018 regulations limited transactions of cryptocurrencies via funds or trading platforms to professional investors with at least HK$8 …
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Calls for the arrival of an altseason are growing louder on Nov. 3 after the price action for altcoins is on the rise and Bitcoin (BTC) price lingers at the $62,000 support level. At the moment, gaming tokens, supply chain-related projects and decentralized finance (DeFi) protocols are scorching hot and as shown below, many altcoins …
Continue reading “Parabolic gains for OriginTrail, Maker and XYO Network rouse ‘altseason’ hopes”
If all goes according to plan, Wrapped XRP (wXRP) will be coming to the Ethereum (ETH) blockchain next month, courtesy of Wrapped.com. The move is meant to enable Ripple (XRP) holders to interact with aspects of decentralized finance, or DeFi, such as executing smart contracts for use in borrowing and lending, swapping for altcoins, via …
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One of the largest derivatives markets in the world, the Chicago Mercantile Exchange (CME) Group on Tuesday announced its plans to launch Ethereum-based micro futures by December 6. Meet the newest addition to the CME Cryptocurrency product line-up ‒ Micro Ether futures are arriving on December 6. Find out more: https://t.co/1J2oX55Uc3 pic.twitter.com/HbcK3rpaqU — CME Group …
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Solana-based Blockasset, a sports platform aimed at connecting athletes and their fans through decentralized technologies, has revealed five heroes of its upcoming stellar ‘LeGENds’ NFT drop, it said in a release shared with CryptoSlate. They include ex England and Manchester United star Wayne Rooney, ex-UFC champion, sports analyst and commentator Mike Bisping, world-renowned New Zealand …
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Green Bay Packers quarterback Aaron Rodgers is taking a portion of his salary in bitcoin. He also gave away $1 million in the cryptocurrency to his fans in collaboration with Square’s Cash App. “I believe in bitcoin,” he said, adding that “the future is bright.” Green Bay Packers’ Aaron Rodgers Takes Part of His NFL …
The Nasdaq-listed crypto exchange Coinbase is now letting customers borrow up to $1 million using bitcoin as collateral. The company charges 8% APR but there is no credit check. The exchange said that the bitcoin used as collateral “remains safely held by Coinbase,” emphasizing, “It’s not lent out or used for any other purpose.” Customers …
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With а growing threat of electricity shortages in the winter months, Ukraine has busted another large coin minting facility illegally drawing power from the grid. The country’s security agency announced it’s stepping up efforts to ensure the nation’s energy system is well-protected from such consumers. Large-Scale Illegal Mining Operation Uncovered in Central Ukraine The Security …
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press release PRESS RELEASE. Cybersecurity company FortKnoxster launches its one-stop crypto app, Crypto Suite™, with a range of features aimed at the crypto-and-security lovers. Among the features, which all are protected by strong end-to-end encryption, are: Fiat to crypto and reverse Crypto to crypto exchange Store and transfer NFTs Send/request crypto direct in the secure …
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One particular metric indicates altcoins could be primed for “massive moves,” according to pseudonymous crypto analyst TechDev. The popular trader tells his 132,200 Twitter followers that the altcoin market cap’s relative strength index (RSI), which tracks the momentum of an asset, is following historical patterns and making the altcoin market look bullish right now. …
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Compound Finance is just one of the latest victims of DeFi hacking incidents in 2021. On Sept. 30, its errant token distribution bug within the Proposal 062 exposed a flaw in which $70 million–$85 million in excess COMP tokens were wrongly distributed to users. Yet, an extra $65 million was placed in a vulnerable vault …
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On Nov. 1, the United States President’s Working Group on Financial Markets (PWG) released its long-anticipated report and policy recommendations on stablecoins. The document’s main focus is on prudential risks that “payment stablecoins” — or those meant to maintain a stable value against a reference fiat currency — could pose to users and financial stability. …
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Private blockchains provide users with the absolute privacy they desire. Private blockchains (which are permissioned settings) establish rules governing who can see and write to the chain, in contrast to public, permissionless blockchains. There is a clear hierarchy of control in these systems; hence, they are not decentralized. However, they are dispersed because many nodes …
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Solana’s (SOL) autumn rally continued on Nov. 3 with its price and market cap hitting a new record high. SOL surged by 7% in the past 24 hours to $236, pushing its market capitalization to over $70 billion for the first time in history. As the token wobbled near its record high levels, it flipped …
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