As the crypto world makes swift progress, more and more people use cryptocurrencies to try their luck in casinos and place wagers. The online casino industry has seen incredible growth and evolution. Thanks to technological breakthroughs, such as blockchain, changes are imminent. As a result, gambling establishments are always in pursuit of innovative ways to …
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The world’s largest digital currency asset manager, Grayscale Investments, recently announced the launch of its sixteenth investment product that will be tracking the performance of Solana. Often referred to as one of the “Ethereum killer” networks, the Proof of History (PoH) blockchain built by Solana Labs gained traction by leveraging fast transactions at low cost …
Continue reading “Grayscale launches Solana (SOL) trust after 11,000% rally in past year”
On Monday, Grayscale Investments attorneys issued a letter to the secretary of the US Securities and Exchange Commission (SEC), claiming that the agency is violating the Administrative Protections Act (APA) by discriminating against Bitcoin spot ETFs. In the letter, the crypto asset manager argued that the agency’s approval of Bitcoin futures-based ETFs, but not Bitcoin …
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In this week’s interview with Alex Fazel of crypto edutainment channel Cryptonites, Tarun Chitra discusses the difference between Proof of Stake (PoS) vs Proof of Work (PoW), layer-one protocols, and the risks involved with blockchain tools. Chitra is CEO at Gauntlet Network, the financial modeling and simulation platform for blockchains, which he co-founded with Rei …
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Shiba Inu hit a two-week high on Tuesday, of $0.00005463, before profit-taking gave up most of the gains to close the day at $0.00004729. Source: SHIBUSDT on TradingView.com Following an incredible October, in which $SHIB peaked at+ 1,140% on October 28, it’s been downhill for the Dogecoin rival since. $0.00003807 marks a critical level of …
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The team behind Floki Inu would leave no stone unturned in their bid to make sure that the meme coin and the crypto industry entirely is registered in the consciousness of the people of the world. Their latest marketing effort would see the Elon Musk’s Shiba Inu dog-inspired project being promoted on the tallest building …
Continue reading “Memecoin Floki Inu bags promotion on Dubai’s Burj Khalifa”
Blockchain project Terra and its native token LUNA have quickly moved from the sidelines to the forefront of DeFi. With over $11.9 billion in TVL, it’s the fifth largest blockchain project, trailing closely behind Avalanche. With several major fundamental developments underway, LUNA saw its price increase by over 50% in the past week, with industry …
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Bank Indonesia, the country’s central bank, is reportedly considering issuing a central bank digital currency (CBDC) to fight the use of cryptocurrency. “A CBDC would be one of the tools to fight crypto. We assume that people would find CBDC more credible than crypto,” said an assistant governor of the central bank. Central Bank Sees …
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While non-fungible token (NFT) assets have been extremely popular in 2021, there’s been a slew of issues tied to the ecosystem as well. A recent report indicates that roughly a dozen artists are considering taking legal action against an NFT collection called “Art Wars” because their original artwork was sold as NFTs without their consent. …
1inch Network, the decentralized exchange (dex) aggregation project, has announced the company has raised $175 million in a Series B financing round. According to the announcement, the fresh new capital will be leveraged to scale the team, foster additional 1inch token utilities, and build new protocols. 1inch Raises $175 Million From Strategic Investors Over the …
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India’s finance minister, Nirmala Sitharaman, has revealed that the previous version of the cryptocurrency bill the government is pushing needed to be reworked. “This bill, once the Cabinet clears, will come into the House,” the finance minister told Rajya Sabha, the upper house of India’s parliament. Indian Government Pushing New Crypto Bill Finance Minister Nirmala …
An altcoin that specializes in financial services is surging after forging a new partnership with one of the hottest metaverse games. The price of Request Network’s native token REQ exploded 280% to the upside as news spread that popular virtual world The Sandbox (SAND) had started using Request’s basket of accounting services. The altcoin rose …
U.S. Federal Reserve Chair Jerome Powell is revealing a partnership between the Federal Reserve System and the innovation arm of the global central banking body Bank for International Settlements (BIS). In a speech delivered at the opening of the New York Innovation Center, based at the Federal Reserve Bank of New York, Powell says that …
Popular crypto analyst Nicholas Merten thinks it will be a couple of months before Bitcoin (BTC) exits out of this current sideways accumulation period. Merten tells his 485,000 YouTube subscribers that he thinks BTC will break out in late January or early February. Merten says it’s possible for Bitcoin to potentially break the concept of expanding …
One gaming altcoin is in the middle of an explosive rally following the announcement of its integration with the Binance ecosystem. Mobox (MBOX) is part of the GameFi sector, a combination of gaming and decentralized finance (DeFi). The crypto project is a gaming platform that combines yield farming and non-fungible tokens (NFTs) to create a …
