Following the passing of the Biden administration’s infrastructure bill, the U.S. president appears to be nearing his decision on whether or not he will reappoint Jerome Powell, the current Federal Reserve Board chairperson. According to a few reports Powell may be chosen, but other reports say the Fed’s Board of Governors member, Lael Brainard, could …
Yearly archives: 2021
US ‘Kidnapped’ Russian Crypto Businessman Denis Dubnikov, Lawyer Says
U.S. law enforcement agents have “kidnapped” crypto entrepreneur Denis Dubnikov in Mexico, before transferring him to the Netherlands where he was arrested, his lawyer told Russian media. Dubnikov is suspected of money laundering and faces up to 20 years in prison if extradited to the United States. FBI Accused of Kidnapping Russian Citizen With Cryptocurrency …
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Alchemy Pay’s Unique Crypto-Fiat Payment Solution Disrupts the Industry
sponsored On November 6, 2021, Alchemy Pay’s Chief of Staff, Karmen Tang, delivered her keynote address at the Epicenter Crypto Conference in Lisbon. Tang took the audience through a brief history of Alchemy Pay and the broad ecosystem they have now built within blockchain infrastructure. The founders of Alchemy Pay come from giants of traditional …
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Russian Nationalists Prepare Bill to Regulate Cryptocurrency Mining
Lawmakers from the Liberal Democratic Party of Russia are gearing up to introduce a draft law designed to regulate crypto mining. The nationalists say the legislation will benefit both Russian citizens and the state, as well as those who want to get involved in the business legally. Nationalists Propose Regulations for Russian Crypto Miners The …
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US SEC Rejects VanEck’s Spot Bitcoin Exchange-Traded Fund Proposal – Here’s Why
The U.S. Securities and Exchange Commission (SEC) has rejected a proposal to launch a spot Bitcoin exchange-traded fund (ETF) that would actively track the price of BTC. According to the agency, the proposal from investment firm VanEck was denied due to concerns of manipulation in the crypto markets. The Commission says the proposal must be …
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Digital rights management in the open seas of blockchain systems
To understand the complexity of digital rights management, or DRM, one must first understand the DRM challenges of current systems and then the challenges (and opportunities) presented by blockchain technology that prides itself on transparency, data linkage and immutability as some of the main characteristics that lends itself to the trust systems. With Web 2.0, …
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Bitcoin Taproot upgrade improves the network as BTC price impact may be limited
Bitcoin is set to undergo a major network upgrade, Taproot, in nearly two days, i.e., on Nov. 14 or 255 blocks later, as per data from Taproot.watch. This is the first significant upgrade since the Segregated Witness (SegWit), which eventually culminated in the development and launch of the Lightning Network in 2018. The original Taproot …
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Bitcoin halts losses amid criticism ETF rejections have cost investors ‘12,700% gains’
Bitcoin (BTC) tapered losses on Nov. 13 as the market showed little interest in U.S. regulators refusing to allow a spot exchange-traded fund (ETF). BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView ETF rejection causes few market headaches Data from Cointelegraph Markets Pro and TradingView showed calm conditions for BTC/USD into the weekend, the pair acting within …
Solana Is Now Among the Top Five Blockchains: Why Is It Promising?
Solana has quickly become one of the leading blockchains, as its market value has surged over the past three months. Over the past several weeks, Solana (SOL) has seen a rapid surge in market value, driving it to become one of the top five cryptocurrencies ranked by market cap. Solana’s price has rapidly accumulated, with …
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Ethereum Competitor Soars 150% in Less Than a Week, Surpassing $2,000,000,000 Market Cap
A little-known altcoin has more than doubled in value in the past week while the majority of crypto projects moved sideways on their weekly charts. IOTX is the native asset for the open-source blockchain IoTeX, a smart contract platform designed to power decentralized apps and connect Internet of Things (IoT) devices. The platform is Ethereum …
Limit order protocols offer more flexibility and efficiency to DEX traders
As decentralized exchanges (DEXs) evolve, their functionalities become more and more advanced, often matching those of centralized exchanges (CEXs). One such functionality is the ability to place limit orders, which offers more flexibility and efficiency to DEX traders. This article looks at the existing limit order features and their prospective implementations. Unlike a market order, …
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MANA Price Prepares For A 38% Upward Move To $5- Where To Buy
MANA price is seeking to continue the breakout above the descending triangle as bulls target new record highs above $5. The Decentraland price rally was triggered by the announcement by Facebook that it was rebranding to Meta as it planned to build a metaverse, which sparked investors’ interest. MANA formed a descending triangle breakout on …
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Polygon leads NFT gaming growth while Axie Infinity, Decentraland retain “powerhouse” status
Over half of the blockchain industry’s overall activity in October came from game dApps. This is the conclusion made in DappRadar’s State of the Blockchain Game Sector October 2021 report, which analyzed activity and the number of users blockchain-based games saw last month. According to the report, rising cryptocurrency prices and booming interest in the …
Hong Kong Company Onedegree to Offer Insurance for Cryptocurrencies
Onedegree, a virtual insurer based in Hong Kong, will provide insurance services for digital assets as part of a partnership with a local cryptocurrency exchange. By working together, the two firms hope to alleviate concerns discouraging potential investors from entering the crypto market. Onedegree to Underwrite Insurance Policies for Crypto Assets Hong Kong has several …
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Terra to Burn $4.5 Billion Worth of LUNA From Community Pool
Terra, an algorithmic stablecoin project, will burn $4.5 billion worth of terra (LUNA), its native token, from its community pool. The decision was taken using the on-chain governance system, and according to proposals 133 and 134, the LUNA will be burned and swapped for the native stablecoin of the chain, UST. This burn is expected …
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