Bitcoin (BTC) shook out leveraged traders in classic style this week, but new data suggests that the market is broadly healthier than earlier in the year. Highlighting findings from its latest weekly newsletter, data analysis firm Arcane Research showed how aligned futures markets have become in Q4 2021. “Healthier” market keeps bullish bias sustainable With …
Yearly archives: 2021
ChickenFast – A New Generation of Cloud Mining Systems
An innovation in simplicity, a specially simplified cloud mining platform provides exceptional service and cryptocurrency mining for clients without skill or equipment. ChickenFast’s business model is simple: you make a deposit like any bank and automatically receive dividends in bitcoins on your account every day. Rewards are paid at any time, and after 1 year, …
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Sotheby’s will take ETH bids in real time for Banksy auction
Prestigious auction house Sotheby’s has announced it will accept Ethereum (ETH) bids in real time for its Nov. 18 auction that includes works by famed street artist Banksy. Sotheby’s claims this will be the first time an auction house has accepted crypto in real time as a standard currency for payment in an auction on …
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‘Willing to break the mold’: Bored Apes form Gorillaz-style band for Universal
A virtual band made up of four expensive cartoon apes from the Bored Apes Yacht Club NFT collection is hoping to become the next big hit in the music industry. The primate band called KINGSHIP will put out music, perform in the metaverse and release plenty of NFT collectibles. It takes inspiration from Gorillaz, Damon …
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Discord drops Ethereum and NFT integration plans after backlash
Popular community messaging app Discord has been forced to walk back its integration plans with Ethereum (ETH)-based NFTs following strong backlash from a significant number of its user base. The pushback started on Nov. 9 after Discord’s founder and CEO Jason Citron tweeted “probably nothing” accompanied by a screenshot of the app’s user settings page …
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OMG price crashes by one third after BOBA airdrop snapshot
The price of OMG Network (OMG) has plunged 33% from a daily high of $19.35 down to around $13 immediately after completion of the snapshot for an airdrop from the Boba Network. The snapshot of all wallets holding OMG tokens on the Ethereum network and the layer-two Boba Network took place at 12am UTC on …
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Binance Smart Chain project Orakuru begins its transition to a full-fledged DAO
In a document published on Tuesday, Orakuru announced that it will be undergoing its biggest upgrade yet, expanding its development and transitioning to a full-fledged decentralized autonomous organization (DAO). The Binance Smart Chain-based oracle protocol will be testing and then formalizing all of the development into its Whitepaper 2.0, with the changes set to be …
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Ripple launches Liquidity Hub for enterprise clients with support for Bitcoin, Ethereum, and others
Global fintech giant Ripple announced that it has launched a new service called the Liquidity Hub. According to a blog post published on Tuesday, Liquidity Hub is a groundbreaking new way for enterprises to easily and efficiently source digital assets from the broader crypto market. Bringing cryptocurrency trading to enterprises Ripple’s latest service was designed …
Botswana Does Not Have Regulatory Framework for Crypto — Central Bank
The Bank of Botswana (BOB) has said the country does not have a specific legal or regulatory framework pertaining to crypto assets. The bank does, however, warn residents investing in cryptocurrencies that they will have no legal recourse should they suffer financial losses. Central Bank Responding to Public Inquiries In its statement released on November …
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Unnamed South African Investor Proposes Buying 51% Stake in Collapsed Crypto Firm for $5 Million
An unknown investor has proposed to acquire a 51% stake in Africrypt — the collapsed cryptocurrency investment company — for a purchase price of $5 million. However, in exchange for the offer, the investor wants all criminal proceedings against Africrypt directors dropped. Offer Must Be Supported by 75% of Creditors According to a report by …
Twitter Sets up Dedicated Team to Focus on Cryptocurrency and Decentralized Apps
Twitter has set up a team to focus on “crypto, blockchains, and other decentralized technologies — including and going beyond cryptocurrencies.” Initially, the team will explore how it can “support the growing interest among creators to use decentralized apps to manage virtual goods and currencies, and to support their work and communities.” Twitter to Focus …
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Introducing Decasonic Labs, an Innovation Generator for Technical Entrepreneurs To Bring World-Changing Blockchain and Web 3.0 Ideas to Market
November 11, 2021 – Chicago Led by veteran Google and DoubleClick engineering leader Allister Lam, Decasonic’s innovation arm drives rapid technical and product development for pre-seed concepts and beyond. Decasonic, the venture and digital assets fund building blockchain innovation, today announces Decasonic Labs, an innovation generator that collaborates with high-potential technical developers to bring their …
Solana Labs co-founder: We don’t want to kill ‘beautiful’ Ethereum
While many pundits have labeled Solana (SOL) as an “Ethereum killer” due to its lower fees and faster transaction times, Solana Labs co-founder Raj Gokal said the project has no desire to kill the cryptocurrency — and wouldn’t be able to if it did. Gokal made the comments in response to a Nov.10 Twitter post …
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Advancing economic freedom for our veterans and service members
By Philip Martin, Chief Security Officer This Veterans Day, we’re committing to investing in our extraordinary veterans and service members. Our mission is to increase economic freedom in the world, and our work has always been driven by the fact that we believe we can help to build a more fair and equitable financial system for …
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What Went On In The Secret Meetings Between Cardano Developer IOHK And Zanzibar Officials?
The Cardano Africa tour had been in full gear for a couple of weeks now, ending when Hoskinson had returned back to the States. Founder Charles Hoskinson had announced the tour after the successful launch of smart contracts capability on the blockchain and last month, the tour had kicked off. Hoskinson and the Cardano Foundation …