We bring you the top headlines impacting the blockchain and crypto space on 27/10/21 so you can stay informed and updated on the latest information. Adobe offers verification of NFT marketplaces through metadata The software giant Adobe, has come up with a new feature which enables the Non Fungible Tokens or NFT Marketplaces to allow …
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Four under-the-radar altcoins are printing massive gains this week as the crypto markets continue to flash signs of bullish momentum. One of the week’s top gainers is Kadena (KDA), a high-throughput hybrid blockchain protocol. ADVERTISEMENT CoinGecko shows that the altcoin rallied from a seven-day low of $2.77 to a new all-time high (ATH) of …
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The Bitcoin Fund (QBTCu.TO), a closed-end investment vehicle based in Canada, has received regulatory approval from the Dubai Financial Services Authority (DFSA). The fund debuted on Nasdaq on June 23, 2021, and became the first listed digital asset fund in the Middle East. The fund’s goal is to provide investors with exposure to Bitcoin (BTC) …
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El Salvador’s Bitcoin (BTC) adoption has triggered a digital asset revolution in Latin America, and the region could benefit even more if people can exchange cryptocurrencies, fiat money and the upcoming central bank digital currencies (CBDC) on the same infrastructure, said the head of multicurrency investment platform Uphold. Speaking to Cointelegraph, Uphold CEO JP Thieriot …
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Slovenia’s Ministry of Finance is reportedly seeking public consultation on a draft bill related to taxing cryptocurrency investments, according to local reports. The ministry’s intent to gauge investor sentiment comes almost a month after the Financial Administration of the Republic of Slovenia proposed a 10% tax on cryptocurrency activities. If signed into law under Slovenia’s …
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Ampleforth development firm Fragments Inc. announced today the completion of Avalanche’s integration with the Ampleforth protocol to bring AMPL, the Ethereum-born decentralized unit of account for denominating stable contracts, over to the sixth-largest blockchain in the world. Since August, the decentralized finance stack on Avalanche’s Layer 1 blockchain has grown to become one of the …
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As digital payments transactions rapidly continue to grow in the Middle East and North Africa (MENA) region, Ripple partners up with an international blockchain-based financial services company Pyypl in a bid to bring instant, low-cost remittances to the area. According to the official announcement, the United Arab Emirates (UAE) will be the first country in the region to …
Continue reading “Ripple deploys its first on-demand liquidity tool in the Middle East”
Bondly Finance has announced the rollout of a cross-chain bridge to connect the Cardano and Ethereum blockchains. What’s more, the firm estimates the bridge will be ready by early 2022. Blockchain bridges are a solution to link previously siloed chains. By enabling different blockchains to work together, developers can build on each other’s protocols and …
Continue reading “Is a Cardano-Ethereum bridge likely to stoke their rivalry even further?”
Law enforcement authorities in Ukraine have exposed a crime ring specializing in cryptocurrency theft and laundering of illicit funds for hackers. The gang, which provided services to clients on the darknet, has been dismantled as a result of a joint operation carried out with the United States. Cybercriminals From Ukraine Launder Millions, Offer Flash Drives …
Continue reading “Ukraine Security Service Busts Criminal Group Selling Bitcoin-Stealing Malware “
Peer-to-peer cryptocurrency marketplace Localbitcoins has announced the launch of a new mobile application for its global user base. The software is designed for devices running on Android. The app has been released in response to a growing number of mobile traders. P2P Crypto Market Localbitcoins Offers Users Android App Popular P2P crypto exchange Localbitcoins has …
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The European Central Bank (ECB) has appointed an advisory group for the digital euro project. Called the Digital Euro Market Advisory Group, it was founded with 30 members from business backgrounds. The council will have a say in the design, distribution, and value that this new digital currency can provide for the payments ecosystem. The …
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Tether, the operator of one of the leading stablecoins in the crypto market has announced it will commence trials of a system that will allow the company to comply with the Financial Action Task Force (FATF) travel rule. The system, that is provided by Notabene, a company that offers ID and travel rule compliance solutions, …
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press release PRESS RELEASE. Blockchain that provides an environment of security, transparency and traceability is an innovative technology that applies in various kinds of life activities. For Africa, it is an opportunity for evolving and making changes. The SimbCity – SimbCoin Swap project, a solution for real estate and finance, is making an impact on …
While the blockchain network Solana’s native token has skyrocketed in value this week jumping 31.4%, the Solana-based perpetual swap platform Drift Protocol announced it raised $3.8 million from strategic investors. At the same time, Drift announced the launch of its alpha mainnet after several months of “grind, hard work, debugging, building security guardrails.” Solana Perpetual …
Elon Musk’s electric car company, Tesla, has informed the U.S. Securities and Exchange Commission (SEC) in a quarterly filing that it may restart the practice of transacting in cryptocurrencies for its products and services. Tesla suspended accepting bitcoin in May, citing environmental concerns. Tesla May Resume Accepting Bitcoin, SEC Filing Shows Tesla Inc. filed a …
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