In 2021 it became clear that the cryptocurrency industry will not be able to avoid regulation. To some extent, the supervisory authorities of almost all leading countries have paid attention to the developing market. The legal status of cryptocurrencies varies significantly in different jurisdictions. While certain states are waging fierce wars with cryptocurrencies and tightening …
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New protocols are constantly coming online in DeFi, with protocols using stablecoins being the most common. There are currently over 70 stablecoins in circulation, but no protocol supports all stablecoins. Because anchoring the same asset in different protocols can appear as different tokens, users often need to swap between these tokens. mStable is built to …
BlockDown Festival: Croatia is calling artists and creators to take part in this three-day celebration of Web3, NFTs, and the metaverse. Alongside informative panels, discussions, debates, live music, and parties, the festival will be creating an immersive experience that showcases some of the best creative minds. Just like the actual metaverse the festival aims to …
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The ECON committee of the European Union voted against a de-facto ban on cryptocurrencies that rely on the proof of work consensus protocol, like Bitcoin, that was included in the latest draft of the MiCA, or Markets in Crypto-assets Regulation, report. Erster Etappensieg bei #MiCA im Ausschuss! Mit der Annahme meines Vorschlags haben die Mitglieder …
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A new metric from on-chain data analysts Glassnode looks at the relative size of entities actively accumulating or distributing coins in terms of their Bitcoin holdings. In short, the “Accumulation Trend Score” measures whale activity. The current Accumulation Trend Score shows whales are activity distributing tokens, suggesting a low probability of reversing the recent price …
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Argentinian citizens involved in the cryptocurrency industry are criticizing a perceived anti-crypto requirement that the recent deal made with the IMF has introduced. The deal, which restructures and gives more facilities to the country to pay the $45 billion owed to the fund, also hints at a series of measures directed at stifling the growth …
press release PRESS RELEASE. IHC token team just announced a contest of video content creation with a prize pool of 100 million IHC tokens among Youtubers. All Youtube content creators with above 5k subscribers can compete by posting a full explanatory video on “Inflation Hedging Coin” between March 15 and April 15. The preliminary qualification …
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During the last 12 months the stablecoin economy has grown massive and the current valuation today is only $13 billion away from tapping the $200 billion mark. This month, the two biggest gainers in terms of 30-day issuance include Terra’s UST jumping 29.9% and Neutrino Protocol’s USDN spiking 43.8%. Stablecoin Market Capitalization Continues to Swell, …
Tesla and Spacex CEO Elon Musk has revealed that his two companies are seeing significant inflation pressure in raw materials and logistics. He advised people to own physical things when inflation is high but stressed he will not sell his cryptocurrencies: bitcoin, ether, and dogecoin. Elon Musk Discusses High Inflation The CEO of Tesla and …
The much-anticipated ‘Merge’ on the Ethereum network is another step closer to becoming a reality after the final public testnet Kiln launched to put it through its paces. On March 14, the Ethereum Foundation urged network stakeholders to run tests using Kiln “to ensure a smooth transition on existing public testnets.” “We strongly recommend that …
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Southern New York District Court Judge Analisa Torres issued two rulings Friday on motions filed in the Security and Exchange Commission (SEC) lawsuit against Ripple Labs. Ripple argued that it was not given fair notice by the agency that it would consider the token a security, thus denying the company due process. Judge Torres denied …
Continue reading “Motions denied for both SEC and Ripple as battle continues”
March 14, 2022 – Singapore, Singapore Melos Studio, a music NFT creation platform, plans to launch a web 3.0 content discovery mechanism this year. The platform aims to design this discovery mechanism based on the web 3.0 content recommendation algorithm and apply it to the entire platform’s music NFT. The web 3.0 content discovery mechanism …
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Crypto analyst Nicholas Merten says that Ethereum (ETH) may possibly overtake Bitcoin (BTC) as the leading crypto asset this year. In a new video, Merten tells his 512,000 YouTube subscribers that the “flippening,” or the event of Ethereum’s market cap surpassing Bitcoin’s, is still a major possibility in this market cycle. “I know a lot …
Macroeconomic guru Lyn Alden is laying out how Bitcoin can ultimately make its way onto the balance sheets of central banks of nation-states. In a new interview with Peter McCormack on What Bitcoin Did, Alden says at the moment, argues that current geopolitical tensions may force some nation-states to start taking Bitcoin more seriously. With …
Being bullish on Ether (ETH) over the past four months did not pay off as its price dropped 44% from $4,600. The decentralized finance (DeFi) applications growth that fueled the rally faded away, partially due to network congestion and average transaction fees of $30 and higher. The cool-off period can also be attributed to excessive …
