The cryptocurrency market is still trading in the red zone as anxious traders continue to liquidate their holdings. However, a few tokens are still recording positive metrics despite this poor performance. Decentraland (MANA) is currently recording increased interest. The token is now ranking among the top ten most purchased coins, according to data from WhaleStats. …
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Retail traders have dominated the cryptocurrency space because of the ease of using cryptocurrency exchange platforms to facilitate transactions. Retail stock trading is also becoming popular due to platforms such as Robinhood that support day trading and allow people to invest small amounts. According to the CEO of Kraken, Jesse Powell, cryptocurrency exchanges were well-positioned …
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The native utility token for the Lucky Block ecosystem, LBLOCK, launched recently and so far has attracted over 52,000 unique holders according to BscScan data. Unlike most tokens whose holders only derive value when the prices appreciate, LBLOCK is offering something additional utility, as holders of this token will have a chance to earn passive …
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HodlX Guest Post Submit Your Post An extensive Reuters article details how Binance reportedly built ties with Russian officials. It began last year as Russian intelligence wanted the exchange to disclose client data in order to help fight crime – in particular, reportedly seeking to trace millions of dollars in Bitcoin raised by opposition leader Alexei Navalny. …
The founder of the $723.5 million Azuki NFT project who goes by “Zagabond” online caused a sh*tstorm yesterday after revealing that they had previously worked on three noabandoned NFT projects. After facing strong backlash from the NFT community, they have since apologized for their “shortcomings.” The three projects in question are Tendies and CryptoPunks copycats …
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A Russian independent news company has raised more than US$250,000 in cryptocurrency donations from supporters in order to continue reporting independent news under a barrage of Russian government propaganda and censorship. Meduza, a Latvian-based Russian-language news site that claims to report on “the real Russia, today” has been asking for donations since March in the …
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The VeChain Foundation has released its financial report for Q1 2022 showing that the project amassed an impressive $1.2 billion war chest but only spent about $4.1 million in the quarter. VeChain (VET) is a blockchain project designed to enhance supply chain management.. The Foundation’s May 10 financial report for Q1 2022 outlines its balance …
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Townsquare Media, a New York based digital marketing and radio station company is the latest business to back the original cryptocurrency with its addition of $5 million worth of Bitcoin (BTC) to its balance sheet. A filing with the Securities and Exchange Commission (SEC) disclosing Townsquare’s purchase of Bitcoin was first picked up by Macroscope, …
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Criminals continue to use Money Saving Expert founder Martin Lewis’ image to defraud investors via Facebook Ads, despite Lewis settling a lawsuit with Facebook’s parent Meta over the illegal use of his photos in such scams years ago, The Independent reported. Criminals use Facebook ads to lure victims According to the report, criminals use Facebook ads …
Sweatcoin has announced an increase of 4 million new Sweat wallets in the last 27 days. The new, user-friendly, move-to-earn application recently announced a partnership with Near Foundation to create a SWEAT crypto token. The move to earn movement is heating up as more people realize that they can earn crypto while they walk. With …
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El Salvador’s President Bukele tweeted images of an architect’s model of Bitcoin City and the caption that things are ‘coming along beautifully.’ #Bitcoin City is coming along beautifully ❤️ pic.twitter.com/A6ay8aAREW — Nayib Bukele (@nayibbukele) May 9, 2022 Bitcoin City is a futuristic concept The pictures show a golden disc-shaped model with a hexagonal center and …
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De Beers, one of the leading diamond-producing companies globally, recently announced the deployment of its blockchain-based diamond source platform at scale. The platform will “enable the provision of provenance information from source to Sightholder to store on a secure blockchain.” Immutable Record of a Diamond’s Provenance One of the world’s top diamond miners, De Beers, …
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Delivering the Queen’s Speech, Prince Charles outlines the British government’s plans to support the safe adoption of cryptocurrencies and create “powers to more quickly and easily seize and recover crypto assets.” UK Government Plans to Support Crypto Adoption The U.K. government outlined its legislative agenda for the next parliamentary year in the Queen’s Speech delivered …
As U.S. lawmakers push for the urgent regulation of stablecoins, the Financial Stability Oversight Council (FSOC) and the Federal Reserve Board warn about the risks of stablecoin runs that threaten the country’s financial stability. Treasury Secretary Janet Yellen brought up the terrausd (UST) fiasco as an example of why a comprehensive regulatory framework is urgently …
Tl;dr: This shelf registration positions Coinbase to prospectively access the capital markets quickly and efficiently when needed or when market conditions are optimal. Today we filed a shelf registration statement with the Securities and Exchange Commission (the “SEC”). This shelf registration statement is intended to be used for potential prospective offerings which may include the …
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