The Crypto Market Integrity Coalition, an organization founded two months ago by 17 cryptocurrency exchanges, firms and industry associations worldwide, announced 13 new members have joined. The group is centered around a pledge endorsed by members’ CEOs or chief compliance officers that (among other things): “We will integrate principles that uphold Market Integrity and Market …
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Some analysts believe the four-year market cycle is changing and that the halving schedule may no longer determine cyclical conditions as Bitcoin closes in on the mid point between halvings. The halving is when the amount of Bitcoin (BTC) rewards issued per new block mined is reduced by half. The next halving will happen around …
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With Metaverse and NFTs emerging as the next ‘big thing’ of the financial space, multinational firms are taking all the hard pills to gain an edge in this mad race for digital exposure. Joining the list of Metaverse fans is a renowned billionaire businessman and CEO of Starbucks, Howard Schultz who has shared the future …
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A popular crypto analyst says it’s “decision time” for Ethereum (ETH) challenger and smart contract platform Cardano (ADA). In a new video update, Cowen tells his 723,000 YouTube subscribers that ADA could currently be mirroring leading altcoin Ethereum’s market structure from 2016/2017 when it briefly dipped to new lows in late 2016 before exploding more …
Shark Tank investor and billionaire Mark Cuban is predicting that leading smart contract platform Ethereum (ETH) will surge on the back of big developments in the near future. In a new interview with Fortune, the business magnate reveals that he’s “very bullish” on Ethereum because of its upcoming merge, which will see it switch from …
Republican Senator Pat Toomey, the ranking member for the Senate Banking Committee, has drafted a bill proposing a regulatory framework for stablecoins in the United States. According to a draft released Wednesday, the ‘Stablecoin Transparency of Reserves and Uniform Safe Transactions Act’, otherwise known as the Stablecoin TRUST Act, proposed the digital assets be identified …
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Social media giant Facebook’s parent company Meta is reportedly planning to introduce virtual currency as well as lending services to apps it owns, with Facebook, WhatsApp, Instagram, and Messenger potentially being among those impacted. According to a Financial Times report on Wednesday, the move toward tokens and virtual currency is aimed at exploring alternative sources …
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United States Treasury Secretary Janet Yellen told the House Financial Services Committee on Wednesday that her department is not seeing significant use of cryptocurrencies to evade sanctions placed on Russian oligarchs and government agencies. Yellen was asked repeatedly about digital asset security at the committee’s annual hearing on the state of the international financial system. “We are …
Major cryptocurrency payment service provider BitPay has added support for the Lightning Network (LN), Bitcoin’s (BTC) Layer-2 scalability solution, granting users access to a faster and cheaper method of transacting their BTC. In an announcement shared with CryptoSlate today, BitPay co-founder Tony Gallippi noted: “BitPay’s integration with the Lightning Network offers customers more choice and …
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Bitcoin miner Marathon Digital Holdings plans to relocate its coal-powered Hardin mining facility in the US state of Montana to a more sustainable location. This is part of its efforts to reduce its carbon footprint by using non-carbon emitting sources of energy for its operations. Marathon Digital eyes sustainable energy sources According to the CEO, …
Despite dipping below $41,000, Anthony Scaramuucci, the founder of SkyBridge Capital, a 17-year-old “alternative assets” investment firm, still believes the price of Bitcoin will hit $500,000 per coin. In a recent interview with Financial Review, he described why this has caused his firm to pivot into digital assets in 2021. SkyBridge now offers a digital …
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Sky Mavis, the company behind blockchain-based game Axie Infinity, has successfully closed a new $150 million funding round led by crypto exchange Binance, according to a press release shared with CryptoSlate today. Always have, always will be there for our Labs family member! @SkyMavisHQ @AxieInfinity 🙌🫂 Looking forward to our LONG way ahead together.https://t.co/218hdGRYm2 — …
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press release PRESS RELEASE. Heroes of Arcan aims to create a play-to-earn game that offers players engaging, challenging peer-to-peer strategic gameplay backed by ethical, carbon-neutral blockchain technology. The play-to-earn revolution has catalyzed global change in blockchain and cryptocurrency markets, with over 750,000 individual blockchain wallets now participating in play-to-earn and NFT-based games on a daily …
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Sberbank, the largest bank in the Russian Federation, has denied connection to a new cryptocurrency called “sbercoin.” The project is offering high returns to buyers of the token, which was launched shortly after Bank of Russia allowed Sberbank to issue digital currencies. Sbercoin Traded on Pancakeswap Exchange, Not Issued by Sberbank A crypto project called …
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According to findings stemming from a report published by Arcane Research, Bitcoin’s hashrate is steadily going public as an increasing share is deployed by publicly listed companies. Current data shows that the publicly listed miners’ share of Bitcoin’s hashrate is roughly 19% today, up 3% since January 2021. Publicly Listed Bitcoin Miners Continue to Grow, …
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