The cryptocurrency market has successfully rebounded from the two-month slump it had gone into from late May to the end of July. Bitcoin (BTC) and Ethereum (ETH) have been leading the charge, posting impressive gains over the last two weeks. The market is seeing price levels that it had reached back in May of this …
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Decentralized exchange aggregator 1inch has announced its deployment on the Optimistic Ethereum, or OE, mainnet, highlighting a considerable reduction in user transaction fees and confirmation delays. Sergej Kunz, co-founder of the 1inch Network stated “the 1inch launch on Optimistic will facilitate a dramatic increase in transaction speed.” While deposits utilizing the OE network are set …
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As an EEA member, BSOS is part of the EEA community of organizations working to advance Ethereum and drive industry adoption. In the Q&A below, the EEA interviewed CEO and Co-founder Daniel Huang about how BSOS is contributing to the ecosystem to help Ethereum reach its full potential. Please introduce your company and yourself briefly. …
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America offers $10 million in crypto rewards to ‘whitehat’ darknet sleuths | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest U.S. › Hacks The US government is prepared to offer as much as $10 million to hackers who provide helpful information on attackers of its …
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Polylauncher, the first metaverse-focused launchpad in the crypto space, has launched on Polygon. It has announced an angel investment from Sandeep Nailwal, the co-founder of Polygon, along with several Asia-based venture capital firms. We are pleased to mention our first honorary $ANGEL supporter … @sandeepnailwal , Co-Founder of @0xPolygon👏 Other than that, we will be …
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Crypto adoption has boomed within traditional and institutional circles in the past year, with the nascent market even touching the $2 trillion earlier this year on the back of billions of dollars in institutional and retail capital. And it’s only just beginning. As per a recent report from crypto research firm Blockdata, over fifty five …
Continue reading “The world’s biggest banks are pouring billions of dollars into crypto”
Two U.S. lawmakers have urged the chairman of the Securities and Exchange Commission (SEC) and the acting chairman of the Commodity Futures Trading Commission (CFTC) to establish a joint working group for the regulation of crypto assets. SEC and CFTC Urged to Collaborate on Crypto Regulation U.S. Representatives Patrick McHenry and Glenn “GT” Thompson sent …
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Fitch Ratings, the American credit agency and member of the ‘Big Three’ credit agencies, has published a paper on El Salvador’s adoption of bitcoin and making the crypto asset legal tender in the country. Fitch believes that after the country enforces the new tender law it will face “volatility risk” alongside “regulatory and operating risks” …
During the last few weeks, a crypto asset called solana has been making its way up the charts and has made it into the top ten cryptocurrencies by market capitalization. Solana reached an all-time price high on Monday, capturing $74 per unit and an 80% gain over the course of the week. In addition to …
press release PRESS RELEASE. Lagos – African-founded cryptocurrency exchange, Quidax is integrating with Polygon. Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Quidax’s integration with Polygon is Polygon’s first in Africa and represents a significant milestone as it gains increased developer adoption. As part of the integration, Quidax has listed …
As blockchain technology expands its horizons, attention is turning towards Hollywood with the introduction of a brand new decentralized series titled “HODL,” which will feature fan engagement tokens and highlight mining services-for-all. Audience to Gain Exposure to Token Incentives and Mining Art imitates life in one of the latest expressions of the blockchain universe as …
North American retail giant Walmart is on the hunt for a cryptocurrency product lead to take charge of the company’s digital currency strategy. The retailer’s job listing seeks a leader with at least a robust 10-year background in product or program management as well as technology commercialization. The chosen individual also needs to have previous …
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A prominent crypto strategist and trader says he’s expecting Dogecoin, Solana and one more altcoin to ignite huge rallies while Bitcoin and Ethereum take a breather. The pseudonymous trader, known in the industry as Pentoshi, tells his 291,000 Twitter followers that Dogecoin (DOGE) is poised to rally to $0.42 after taking out resistance at $0.23 …
Cryptocurrency mining company Argo Blockchain announced Tuesday that it has reached an important milestone in its climate strategy, sending a strong signal that environmental sustainability remains one of its primary focuses. The company claims its crypto operations have become “climate positive” for Scope 1, 2 and 3 greenhouse gas emissions. According to Carbon Trust, a …
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In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain. Since 2013, the Organization for Economic Cooperation and Development, or OECD, has been discussing the base erosion …
Continue reading “Inching closer to global agreement on taxing the sustainable digital economy”
