The European Central Bank, or ECB, joins the growing club of crypto-friendly financial institutions as it announces the decision “to launch a project to prepare for possibly issuing a digital euro.” The ECB’s official tweet noted: “We will look at how a digital euro could be designed and distributed to everyone in the euro area.” …
Continue reading “ECB is looking to design a digital euro more energy-efficient than Bitcoin”
Bitcoin (BTC) failed to crack $33,000 on July 14 as a bounce from multi-day lows delivered only modest progress. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price: Fits and starts below $33,000 Data from Cointelegraph Markets Pro and TradingView tracked another day of ranging — albeit with increased volatility — for BTC/USD on Wednesday. The …
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BlackRock, an institutional asset manager that has indirect exposure to Bitcoin (BTC), has recorded a major decline in investor demand for cryptocurrency. The company’s CEO Larry Fink declared Wednesday on CNBC’s Squawk Box that BlackRock has been seeing less crypto-related queries from investors recently, signaling a massive drop in demand for crypto. Fink noted that …
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ShapeShift, a leading non-custodial cryptocurrency exchange, is planning to open-source its platform and dissolve its entire corporate structure — an unprecedented move that underscores the company’s commitment to decentralization. Largest airdrop in history As part of its decentralization pledge, ShapeShift plans to airdrop 340 million FOX tokens to over one million users who traded $1 …
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Among some 4,000 digital coins in circulation, not all of them share the same popularity and practicality in the gambling industry. The anonymity cryptocurrencies offer, along with the high speed of transactions has long made them a great match for online gambling. The operators of the industry-recognized this early on and put great effort into …
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EOS is a next-gen blockchain ecosystem that continues to make waves for its outstanding Initial coin offering and special features. The main aim of the EOS protocol is to create a network that can process millions of transactions in the space of a few seconds. With the attention bitcoin has garnered for the crypto niche, …
Continue reading “What Is EOS? Price Predictions for the Blockchain Ecosystem”
CryptoSlate recently had the chance to chat with Ganesh Swami, the CEO of Covalent, a venture-funded blockchain data analytics company, and 13-year-old Gajesh Naik, a crypto and web3 developer who shot to fame after building several DeFi tools and protocols. Gajesh is the founder of PolyGaj which currently holds $2 million in TVL. He’s joining …
Eastern China’s Anhui province became the latest regional county to ban Bitcoin mining in the country, weeks after the government unleashed a harsh plan to stamp out the activity in the nation, reported news outlet Reuters this morning. Anhui stamps out crypto mines Anhui, known among tourists for its low-hanging clouds, distinctive granite rocks, and …
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Crypto research firm Quantum Economics has signed on to advise the rapidly growing 1inch Network, which unites various decentralized protocols to help build the future of DeFi. Quantum Economics is a FinTech research, advisory, and money management firm led by Mati Greenspan, formerly of eToro. Their staff includes some of the most knowledgeable and experienced …
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Anhui has reportedly become China’s latest region planning to end cryptocurrency mining. The province is going to shut down all mining facilities due to power supply shortages, according to local media. Another source revealed that the state-run network operator has issued a closure notice for bitcoin farms across the country. Anhui to Halt Bitcoin Mining …
South Korea is deliberating on four crypto-related bills for the regulation of cryptocurrencies. “We are currently doing groundwork by searching for and analyzing data on 578 coins that have various forms,” the chairman of the country’s top financial regulator reportedly said. South Korea Prepares to Regulate Crypto Industry The South Korean National Assembly’s National Policy …
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In a follow-up to Tanzanian President Samia Suluhu Hassan’s call for cryptocurrency action, a government minister has now announced plans to set up a crypto advisory team. This team, according to the Information and Communication Technology (ICT) minister Faustine Ndugulile, will consist of not more than 10 experts. Advisory Team to Be Set Up in …
Representatives of law enforcement agencies and academia in Shanghai held a seminar devoted to cryptocurrencies, regulations, and the combating of crypto-related crime. Determining “the legal attributes of virtual currency” was among the main topics at the forum which also focused on matters of financial supervision. Prosecutors and Professors Discuss Crypto Oversight in Shanghai Amid an …
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Successful crypto-focused venture capitalist Arthur Cheong is making some bullish predictions for Ethereum and the decentralized finance (DeFi) sector for the rest of 2021. Cheong, who leads crypto asset management fund DeFiance Capital, says in a new interview on the Bankless podcast that the next step for DeFi involves growing the user base and getting …
Ethereum (ETH) has enjoyed a good run so far in 2021, with its value increasing from about $1,300 at the beginning of the year, to nearly $4,000 in May. However, Ethereum’s price aside, consistent problems on the Ethereum blockchain have brought to light the anger of traders and decentralized application (DApp) developers on the Ethereum …
Continue reading “Ethereum’s London, Berlin and Shanghai forks and their role in Serenity”
