Rio de Janeiro’s Secretary of Finance and Planning Andrea Senko talked to Boletim Bitcoin and revealed the city’s plans to become “the crypto ecosystem of Brazil.” The city established a Municipal Committee for Crypto Investments (CMCI) to boost Rio de Janeiro’s crypto presence in the nation. Senko said: “Rio, due to its vocation as a …
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Seven months ago, the top rebase crypto tokens by market capitalization were collectively worth $8.03 billion and since then, the entire rebase token economy has lost more than 92%, dropping to $577 million. Olympus has dropped 99% since the asset’s all-time high (ATH), klima dao shed 99.9%, and wonderland is down 99.8% from its ATH. …
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XTZ was a notable mover in the crypto top 100 on Monday, as prices rose towards a three-week high to start the week. Prices collided with a key resistance level during the move, and this came as UNI continued to trade above a ceiling of its own. Tezos (XTZ) XTZ was a notable mover to …
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Bitcoin started the week in the red, as Monday saw prices fall for a second consecutive session. Following a recent run towards $22,000, the world’s largest crypto dropped below $21,000 earlier today, with ETH slipping below $1,200. Bitcoin Bitcoin dropped below $21,000 on Monday, as prices continued to slip, following a recent encounter with a …
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Venezuela, one of the first countries in Latam to be considered “crypto-friendly” by some standards, has ranked third in adoption rates, according to a report issued by the United Nations. The report, issued last month, states that the cryptocurrency ecosystem has grown by 2,300% between September 2019 and June 2021, and that the Covid-19 pandemic …
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Blockchain Comics has announced plans to launch its first interactive comic book series-themed non-fungible tokens (NFTs). Blockchain Comic anticipates utilizing its NFTs to empower holders to become publishers of their unique editions. In a July 11 press release, Blockchain Comics confirmed plans to launch new comic book-themed digital collectibles dubbed “Satoshi Master of Disguise” NFTs. …
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Securities regulators from two US states are reportedly looking into embattled crypto brokerage firm Voyager Digital for possibly failing to disclose vital information regarding its loans and creditworthiness to its clients. According to a new report by Bloomberg, regulation agencies from the states of Texas and Alabama are ramping up their efforts into investigating Voyager …
On June 7, United States Senators Cynthia Lummis and Kirsten Gillibrand launched the much anticipated Responsible Financial Innovation Act, proposing a comprehensive set of regulations that address some of the biggest questions facing the digital assets sector. By providing holistic guidance to the rapidly growing industry, the bill offers a bipartisan response to President Biden’s …
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There is an old Arabic proverb: “The dogs bark, but the caravan moves on.” It could summarize the journey to date of Tether (USDT), the world’s largest stablecoin. Tether has been embroiled in legal and financial wrangling through much of its short history. There have been lawsuits over alleged market manipulation, charges by the New …
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As Ethereum shifts into proof-of-stake (PoS), a decentralized finance (DeFi) researcher has argued that the platform can overtake Bitcoin’s (BTC) throne as the top dog in crypto. In a Twitter thread, researcher Vivek Raman highlighted that the upcoming Ethereum Merge could create a better economic structure for the smart contract platform. According to Raman, the …
A proposal to ban global cryptocurrency exchange Binance from operating in the Philippines will not gather steam due to a lack of regulations towards cryptocurrencies in the country. The Philippines’ Department of Trade and Industry (DTI) has cited no clear guidelines set out by the country’s central bank, Banko Sentral ng Pilipinas (BSP), as a …
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Mark your calendars. Our EEA Ethereum 7th Anniversary Special is fast approaching, and we want to see you there. This 90-minute virtual event will celebrate the Ethereum community and how far it’s come in the seven years since the platform’s launch. We’ll discuss Ethereum’s many milestones and contributors as well as what makes it a …
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Summary: Major crypto exchange OKX is the official training kit for the champions of England. Forbes reported that Manchester City signed a multi-million deal with the platform earlier in March 2022. The latest agreement expands and complements the existing deal between both entities. OKX appears unaffected by the ongoing crypto contagion and has not announced …
Twitter has hired merger law firm Wachtell, Lipton, Rosen & Katz in its bid to sue Elon Musk. Musk has also hired Quinn Emanuel Urquhart & Sullivan LLP in the case. The billionaire has also been sued by one investor over allegedly running a pyramid scheme. Twitter is stepping up its game in its ongoing …
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American whistleblower Chelsea Manning has said she is interested in the technology behind Bitcoin. However, she adds that she is skeptical about the arguments of how Bitcoin could replace the fiat payment system. Chelsea Manning supports Bitcoin technology Manning is popular for her whistleblowing efforts, with the most popular one being sending classified data to …
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