With the growing regulatory restrictions on privacy-focused crypto projects, Litecoin is all set to take the situation as a challenge as it enhances privacy standards in its ecosystem. After two years of wait, Litecoin, the popular crypto-token, has announced the launch of its revolutionary Mimblewimble upgrade strictly focused on supporting higher privacy for investors. With …
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With cryptocurrencies emerging as an unprecedented part of the global financial space, the Indian government has started showing interest in crypto exploration. In the latest development, the bulletin highlighting the agenda for the lower house of Parliament, Lok Sabha included the launch of a crypto training session and the economic impact the decentralized industry will …
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Working as a global investment management firm headquartered in New York, VanEck is all set to take its next big flight with the launch of a multi-token crypto fund in its cluster. Coming as the first-ever crypto-focused product by VanEck, the fund is listed as an Exchange-Traded Note or ETN on highly-acclaimed trading portals, namely, …
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Analytics firm Santiment is highlighting possible entry points for half a dozen altcoins amid a general downtrend which has given the crypto markets an extended pullback throughout January. In its weekly Insights newsletter, Santiment says that while most crypto investors are feeling pain, opportunities exist for those with patience and some handy cash. The data …
Major cryptocurrency exchange Binance continues pushing operations in the Commonwealth of Independent States (CIS) by preparing a new crypto payment card in Ukraine. Binance is looking to reach a dominant position in the crypto market of Ukraine by offering a wide range of local crypto services, Binance Ukraine’s new general manager Kirill Khomyakov said in …
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Hopium is back on the menu for solo Bitcoin (BTC) miners. A circa $240,000 reward, or 6.25 BTC, was generated by yet another solo miner this morning. This time, the odds were less than 20%, according to Con Kolivas, a Bitcoin software engineer and administrator for ckpool, whose name takes his initials. It’s the fourth …
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The beating heart of any ecosystem of decentralized applications, DApps, is its underlying technology stack. For Ethereum (ETH), this is its “Nakamoto” consensus, Ethereum Virtual Machine (EVM) execution environment, and Solidity programming language. Together, these technologies have allowed smart contract developers to propel decentralized finance (DeFi) from concept to reality. For DeFi to make the …
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Thailand has decided to suspend the implementation of its 15% cryptocurrency capital gains tax for now. The proposal, which was presented earlier this year, triggered a lot of opposition, but it appears that some sort of crypto tax will still be implemented. Thailand will reportedly not proceed with its 15% cryptocurrency tax plan after traders …
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Top crypto lending firms, Gemini Trust Co, Celsius Network, and Voyager Digital Limited, are under investigation by the US Securities and Exchange Commission (SEC). High-interest rates attract regulators attention Sources close to the matter revealed that this isn’t a specific investigation into these companies. But a general probe into firms offering interest on virtual deposits. …
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NFT platform OneOf recently announced entering a preferred partnership with Warner Music Group (WMG) to create exclusive NFTs for the American record label giant. Launched in September, the NFT platform specialized for music is built on the Tezos blockchain–leveraging energy-efficient minting. WMG enters the metaverse and steps up its NFT game According to the announcement, …
The governor of the Central Bank of Jordan recently said his institution is studying the possibility of launching a legal digital currency, one that will be linked with its national currency. He also suggested that cryptocurrency trading might eventually be allowed in Jordan once the necessary legislation has been put in place. Protecting Investors Jordan …
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Circle, the operator of USDC, one of the biggest stablecoins by market cap, has launched USDC as a native asset on top of the Flow blockchain. Flow is a blockchain project made to host NFT and game-based initiatives, aiming for low fees and a high volume of transactions. With this launch, USDC aims to keep …
Binance has announced one of its trademark features, the SAFU fund, has reached a milestone in its development. The SAFU fund, an acronym that stands for “Secure Asset Fund for Users,” has reached the amount of one billion dollars, securing the funds of users in case of a hacking emergency. The exchange, which is one …
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Popular crypto analyst Jason Pizzino is unveiling a realistic timeframe for when Bitcoin (BTC) can surge to a new all-time high. In a new strategy session, Pizzino tells his 259,000 YouTube subscribers that while Bitcoin is going through a solid bounce from its 90-day low of $32,990, he sees a lot of resistance ahead for …
Kanye West won’t be purchasing a Bored Ape Yacht Club nonfungible token (NFT) any time soon. In a strongly worded Instagram post made on Monday, Ye stated “Do not ask me to do a f*cking NFT.” The message in the photo, shared with his 10.5 million followers, explains he is focused on “building real products …
