Cardano’s ADA token surged to new all-time highs on Sep. 2 as an altcoin comeback gripped cryptocurrency markets. ADA/USD 1-day candle chart (Binance). Source: TradingView Cardano joins Ethereum in serious gains Data from Cointelegraph Markets Pro and TradingView showed ADA/USD clipping $3.06 during trading Thursday. Having shown strength for multiple weeks, Cardano benefited from a …
Yearly archives: 2021
Cardano founder says crypto will be vital to Afghani fight against Taliban
However, he also believes the Taliban will embrace digital assets too. In a Sept. 1 interview with CNBC, Hoskinson, also a co-founder of Ethereum expressed his expectation that “cryptocurrencies will play a larger role in Afghanistan […] in the war for and against the Taliban forces.” Hoskinson highlighted the need for financial privacy-preserving technologies in …
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The total market cap of public crypto stocks has quadrupled since January
The combined market cap of publicly-listed crypto firms has roughly quadrupled this year while the number of public digital asset firms has increased by 28% over the same period. A new report from CoinShares estimates that public “cryptocurrency pure play companies” were worth roughly $25 billion at the start of the year, with mining firms …
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VeChain Thor mainnet reaches 10 million blocks milestone with no downtime
Supply chain platform VeChain has reached a milestone in terms of uptime and processed blocks on the VeChain Thor mainnet. The VeChain Foundation posted the achievement on its Twitter feed on Sept. 1, adding that it was “a major milestone that is testament to our public blockchain’s scalability, security, and rock-solid stability.” The VeChain Thor …
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Australia, Singapore, Malaysia and South Africa launch joint CBDC pilot
The central banks of Australia, Singapore, Malaysia and South Africa have announced a joint initiative to trial international settlements using central bank digital currencies (CBDCs). The initiative, dubbed Project Dunbar, will prototype shared platforms enabling direct transfers between institutions using digital currencies issued by multiple central banks. The pilot’s findings will be used to inform …
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SEC boss tells EU Parliament crypto and fintech could be as disruptive ‘as the internet’
Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), has appeared virtually before the European Parliament to share his policy recommendations regarding the regulation of crypto assets. Speaking to the Parliament’s Committee on Economic and Monetary Affairs on Sept. 1, Gensler highlighted the role financial technologies are playing in globalizing economic flows …
Crypto-loving Nigeria begins eNaira CBDC project
Bitcoin, Ethereum peer-to-peer volumes in Nigeria continue surging Despite the crypto ban in Nigeria, the country has recorded massive growth in its peer-to-peer bitcoin trade volumes in recent times. Available data has revealed that in the month of June, citizens of the country traded around $38 million worth of digital assets —the second time the …
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Shiba Inu frenzy: Doge meme NFT splits into billions of tokens for ‘fractional ownership”
‘Dogenations’ campaign wants to raise Shiba Inu-inspired Dogecoin for homeless animals PAWS Chicago, a non-profit animal shelter organization dedicated to building no-kill animal communities, recently launched “Dogenations” and started accepting Dogecoin (DOGE), Bitcoin (BTC), Ethereum (ETH), and 36 other cryptocurrencies for donations. 2 min read → Go to Source
The Highly Anticipated Carbon Social Platform Has Launched
press release PRESS RELEASE. The highly anticipated new crypto friendly social platform, Carbon, has launched. Carbon has been in beta stage since March, undergoing thorough testing, improvements and added features and gaining over 12,000 beta testers. Offering an emphasis on free speech as well as great security and privacy, Carbon includes an end-to-end encrypted messenger, …
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Iranian Ministry of Industries Denies Power Shortages Are Caused by Illegal Crypto Miners
Iran’s Ministry of Industries, Mining and Trade has rejected claims blaming illegal cryptocurrency miners for the continuing electricity shortages in the country. The department believes the state-run utility company, Tavanir, has overestimated their role in the power deficit. Illegal Miners Burn Less Energy Than Tavanir Estimates, Ministry of Industries Says An official from the Iranian …
US Consumer Crypto Survey: Almost 50% Invested in Cryptocurrencies This Year
A crypto survey of U.S. consumers, commissioned by regulated crypto platform Bakkt, shows that nearly half of all respondents said they invested in cryptocurrencies during the first half of the year. Nearly Half of US Consumers Invested in Crypto During the Past 6 Months, Study Shows A survey commissioned by regulated digital asset platform Bakkt …
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Bitcoin Law Critic Arrested in El Salvador Without Warrant
A vocal critic of the upcoming bitcoin law in El Salvador, Mario Gomez, was briefly detained Wednesday. According to reports, he was arrested without a warrant. Critic of El Salvador’s Bitcoin Law Arrested An IT specialist and founder of Hackerspace San Salvador, Mario Gómez, was briefly detained Wednesday morning. His attorney said there was never …
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Bitconnect promoter pleads guilty over Ponzi scheme, as platform faces new SEC charges
Former director and promoter of the notorious Bitconnect Ponzi scheme, Glenn Arcaro, has pled guilty to fraud charges related to his role in the now-defunct crypto exchange and lending platform He has been ordered to pay back $24 million to investors. In a parallel action in the long-running saga the United States Securities and Exchange …
DerivaDAO (DDX), DFI.money (YFII) and Radicle (RAD) are now available on Coinbase
Starting today, DerivaDAO (DDX), DFI.money (YFII) and Radicle (RAD) are available on Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now trade, send, receive, or store DDX, YFII and RAD in most Coinbase-supported regions, with certain exceptions indicated in each asset page here. Trading for these assets is also supported on …
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Axie Infinity, Yield Guild Games & the play-to-earn economy
Around the Block from Coinbase Ventures sheds light on key trends in crypto. In this edition, Justin Mart, Connor Dempsey, and Hassan Ahmed explore the growth of NFT games and the play-to-earn economy. Plus, a look at NFT marketplace activity and the Poly Network exploit. We’re at an exciting time in crypto: one in which cryptonetworks …
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