Ripple has announced the second wave of creators receiving funding for their web3 and NFT projects. 2 min read Updated: October 18, 2022 at 4:48 pm Cover art/illustration via CryptoSlate Ripple’s XRP Ledger could enable support for non-fungible tokens (NFTs) as early as Oct. 31, according to a tweet shared by Ripple’s vice president of …
Monthly archives: October 2022
Buterin advocates for censorship tolerance in special cases
Ethereum (ETH) co-founder Vitalik Buterin has said solo validators should be tolerated if they censor blocks in special cases in an Oct. 17 tweet. I would say “be tolerated”. Slashing or leaking or socially coordinated anything should only be considered for massive reorging of other people’s blocks, not making wrong choices about what to put …
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Fed Vice Chair warns banks about crypto liquidity, urges stablecoin regulation
Federal Reserve Bank Vice Chair Michael Barr said that banks accepting crypto deposits should be aware of their increased liquidity risks in an Oct. 12 speech published on Oct. 17. Barr stated that there are heightened liquidity risks when traditional banks do business with crypto firms, as such banks could be exposed to liability from …
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Thousands of Bitcoin leave Coinbase for the first time since June
Roughly 50,000 Bitcoins left Coinbase on Oct. 18. Last time such a hefty amount was withdrawn was in June. 2 min read Updated: October 18, 2022 at 1:21 pm Cover art/illustration via CryptoSlate Roughly 50,000 Bitcoin (BTC) were withdrawn from Coinbase on Oct. 18, making it the first time since June that such a massive …
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Terra co-founder Do Kwon tells Laura Shin fraud charges against him are illegitimate
Terraform Labs co-founder Do Kwon does his second interview since the Terra ecosystem implosion. The incident left a $60 billion black hole and sparked a chain of events that further tarnished the cryptocurrency industry. Since then, multiple rumors of foul play have been floated, including allegations that Do Kwon siphoned tens of millions of dollars …
Report: Bankrupt Crypto Hedge Fund Three Arrows Capital Probed by SEC, CFTC for Possible Legal Violations
Reports indicate that the bankrupt crypto hedge fund Three Arrows Capital (3AC) is facing more trouble from liquidators and financial authorities from the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC). The whereabouts of the hedge fund’s co-founders Su Zhu and Kyle Davis are still unknown and the court-appointed liquidator plans …
Biggest Movers: MATIC Climbs to 5-Week High, ATOM Extends Recent Gains
Polygon was one of Tuesday’s notable gainers, as the token rose to its highest point since mid-September. Today’s surge saw prices of the cryptocurrency rise for a third straight session. Cosmos also extended recent gains, climbing to its strongest point in recent days. Polygon (MATIC) Polygon (MATIC) was a notable gainer on Tuesday, as the …
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Bitcoin Traders Patiently Wait for ‘Uptober’ — Historical Prices Show BTC Gained 10 out of 13 Octobers
In recent times bitcoin’s volatility has been the lowest it’s been since 2020 and after last month’s market downturn, crypto enthusiasts expected a reversal in October. In fact, bitcoin has seen gains in October ten times out of the last 13 years, which has led crypto enthusiasts to call the month “Uptober.” While bitcoin is …
Interpol Team Based in Singapore to Help Countries Combat Crypto Crime
A special team established by Interpol in Singapore will assist governments around the world in the fight against crimes involving virtual assets, the international police body announced ahead of its general assembly in India. Cryptocurrency and cybercrime will be the main focus of the forum. Interpol Sets Up Unit to Tackle Crypto-Related Crimes, Top Executive …
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Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Past Key Resistance Levels on Tuesday
Bitcoin was trading at its highest level in the past five days on Tuesday, as prices rose past a key resistance point. Ethereum also rallied to a similar milestone earlier in today’s session, as cryptocurrency markets continue to move away from recent bearish sentiment. As of writing, the global market cap is trading 0.38% higher. …
Argentina to Launch ‘Fair Prices’ Program to Battle Raging Inflation Numbers
The government of Argentina has begun to act in several directions to control the raging inflation numbers registered this year. Sergio Massa, minister of treasury, proposed a program called “Fair Prices,” to force retailers and producers to establish a fixed price on various products, to be maintained for up to 90 days. Argentina to Rely …
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TheTrade Is a Game-Changer in the Uniswap V3 Market of 2023
press release PRESS RELEASE. Digital currency made splashes in the 2010s with a promise of decentralization and ultimate user privacy. However, most well-known crypto exchange giants, like Binance or Coinbase, are CEXs by essence. It means they are centralized exchange platforms, offering custodial wallets to users and collecting user data. No privacy, no user control, …
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Billionaire Justin Sun Optimistic About Crypto Policy in China, Says Country To Face Big Shift in Coming Months
Billionaire Justin Sun is expecting China to shift its policy on cryptocurrencies after banning the digital assets last year. In a new interview with Bloomberg TV, the founder of the Tron blockchain network says he believes a crypto policy change in China could come as early as next month. “Definitely for the crypto policy in …
Popular Crypto Analyst Issues Cardano Update, Warns Price of ADA May Be in Trouble
A popular crypto analyst is warning Cardano holders, saying that ADA is on the verge of collapsing as bearish momentum continues to build up. In a new strategy session, Jason Pizzino tells his 276,000 YouTube subscribers that ADA’s price may drop into the lower $0.30 range, or even much less, as it breaks one support …
Tech’s good intentions and why Satoshi’s new ‘social order’ foundered
All revolutions have their dogmas, and the cryptocurrency/blockchain insurgency is no different. It’s an article of faith among crypto adherents that decentralization will solve many of society’s ills, including the problem of governance. Vili Lehdonvirta — an Oxford University social scientist, book author, and former software developer — disagrees. “The underlying technology will change and …
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