Following what has undoubtedly been a rough month, several cryptos related to non-fungible tokens (NFTs) still show glimpses of promise for possible gains down the […] Go to Source
Monthly archives: October 2022
Reddit NFTs Surge in Popularity as Collections Reach More Than 3 Million Crypto Wallets
Reddit NFTs have been all the rage, with the platform’s users reportedly creating over 3 million crypto wallets to scoop up these Polygon-based digital avatars. Many believe that having a smooth onboarding process for non-crypto-native users and free airdrops are the main reasons behind the collectibles’ popularity. In the middle of what many perceive to …
Sam Bankman-Fried Says Crypto Exchange FTX Will Dole Out One-Time $6,000,000 Reimbursement to Phishing Victims
Billionaire Sam Bankman-Fried says crypto derivatives exchange FTX will dole out $6 million to reimburse users who were impacted by a phishing scam involving a separate company. Users of 3Commas, a crypto trading platform that offers trading bots and interfaces with major exchanges, were targeted by a phishing attack last week. According to a blog …
SEMPSA JP, LBMA Good Delivery Refinery Launches Tokenized Gold and Silver on the Blockchain in Partnership With Aurus
October 25, 2022 – Madrid, Spain SEMPSA JP, the leading Spanish good delivery precious metals refinery, has partnered with Aurus to offer digital tokens backed by gold and silver to its network of bullion dealers. Five precious metals dealers working with SEMPSA JP are selling tGOLD and tSILVER tokens to the broader retail market via …
Filecoin launches Web3 data storage solution for carbon offsets
Filecoin Green, a Protocol Labs initiative designed to reduce the environmental impact of FIlecoin and make Filecoin verifiably sustainable, has spearheaded an initiative to power Web3 technology with verifiably clean energy. According to the announcement, the company is set to address the shortcomings of traditional carbon storage solutions by “marrying blockchain’s granular tracking functionality with …
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CashApp adds support for Bitcoin Lightning Network
According to a new page added to its support section on Oct. 25, Cash App — a mobile phone payment processing app created by Block Inc. — has added support for transactions via the Bitcoin Lightning Network. The new feature allows Cash App users to send and receive Bitcoin (BTC) on the faster, more efficient layer-2 protocol. …
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Public Bitcoin miners’ hash rate is booming — But is it actually bearish for BTC price?
The share of the Bitcoin (BTC) network controlled by publicly held mining companies could grow to 40% by mid-2023, according to a new report by Hashrate Index. But this could bring more stress to an already bearish BTC market. Public Bitcoin miners’ hash rate jumps 295% in a year The outlook appeared after assessing the hash rate …
Why are Bitcoin whales accumulating BTC? Watch The Market Report
On this week’s The Market Report show, Cointelegraph’s resident experts discuss why Bitcoin (BTC) whales are accumulating right now and why this could be significant. Could this lead to the next bull run? To kick things off, we break down the latest news in the markets this week: Least volatile ‘Uptober’ ever — 5 things to …
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How to Write a Research Paper About Blockchain Technology and Cryptocurrencies
Given its importance, we will show you how to write a research paper about blockchain and cryptocurrency that will stand out from the crowd. Through research paper writing, you slowly enter the world of science. In a research paper, it is essential to set a problem and a hypothesis, that is, an assumption that there …
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Bitcoin Price Stuck at $19k with Rates and Dollar, XRP, KLAY, APT, Oct. 24
BTC awaits ECB rates and looks to Fed. XRP loses lead engineer. KLAY has metaverse potential. APT launches from the ashes of Diem. BTC Bitcoin produced another sluggish performance this week with the token giving up gains above the $20,000 level to settle closer to $19,000. The inability to get above the round number at …
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Binance’s Changpeng Zhao Says He Will Continue To Back Musk’s Twitter Buyout Deal: Bloomberg
Binance CEO Changpeng Zhao will stay committed to his financial offer backing Musk’s Twitter buyout deal. Binance had earlier announced it would commit $500 million to Musk’s Twitter bid offer. Per a Bloomberg report, Binance’s CEO, Changpeng Zhao, has stated that he will continue to back Musk’s $44 billion Twitter buyout deal amidst “rising concerns …
Solend founder says SBF wants to ‘profit at all costs’
Solend (SLND) founder 0xrooter has described FTX founder Sam Bankman-Fried as a “profit maxi” who wants to “profit at all costs.” SBF is a profit maxi: profit at all costs — 🙏🚫 Rooter (hiring!) (@0xrooter) October 24, 2022 According to Rooter, a company’s action reflects its founder’s personality. While he has never had any personal …
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Research: On-chain data shows Bitcoin Long term holders are selling again
According to on-chain data, 1+ year holders had sold 50,000 BTC, 2-year holders sold almost 40,000 BTC, and 3+ year holders sold almost 30,000 BTC as of last week. 2 min read Updated: October 25, 2022 at 5:19 pm Cover art/illustration via CryptoSlate Bitcoin’s failure to regain lost heights in the last few months may …
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South Korea’s financial watchdog to monitor crypto whales on adherence to anti-money laundering laws
South Korea’s Financial Services Commission will look into virtual asset exchanges and customers who hold significant portions of single-listed coins and stablecoins to prevent money laundering. 2 min read Updated: October 25, 2022 at 4:37 pm Cover art/illustration via CryptoSlate The Financial Services Commission (FSC), South Korea’s financial regulator, will monitor the country’s largest crypto …
Apple to allow in-app purchase of NFTs, subject to 30% tax rate
Tech giant Apple has announced guidelines to direct how developers create and facilitate in-app purchases of non-fungible tokens (NFTs) on their iOS apps. In the updated App Store review guidelines, Apple said that developers will be allowed to issue NFTs on their apps, however, they cannot be used to unlock additional features or content. Apple …
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