Opinion by Vinicius ‘Vini’ Farias Riberiro, EEA Regional Representative for Portugal A brief discussion about blockchain business models. IMHO, definitely yes. But why does it seem that many do not care? First, let’s define what a business model is. Simply put, it is an organization’s plan for making money. But wait, many blockchain projects are …
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The Monetary Authority of Singapore’s Chairman Tharman Shanmugaratnam said regulating the crypto industry would give credibility to speculation and it may be better to leave it unregulated. 2 min read Updated: January 30, 2023 at 11:52 am Cover art/illustration via CryptoSlate Chairman of the Monetary Authority of Singapore (MAS), Tharman Shanmugaratnam, spoke at the WEF23 …
Flaremetrics has urged delegates on OracleSwap to revoke access and change to other FTSO operators, following a compromise of the validator’s private keys. OracleSwap is a DEX protocol on the Songbird Network that allows users to earn interest for delegating their Flare and Songbird tokens. The FTSO provider disclosed on Jan. 29 that its private …
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Justin Sun said that the U.S. was not the only major player in the crypto industry, advising the community to focus on other countries. 2 min read Updated: January 30, 2023 at 10:02 am Cover art/illustration via CryptoSlate Tron (TRX) founder Justin Sun said he is moving to Hong Kong because the Chinese crypto market …
A recent CoinShares survey revealed that 60% of the participants believe ETH has a more compelling growth outlook than BTC. 2 min read Updated: January 30, 2023 at 8:54 am Cover art/illustration via CryptoSlate Around 60% of investors believe that Ethereum (ETH) has a more compelling growth outlook, according to a survey by CoinShares. As …
The central bank’s move to invalidate current notes and the subsequent cash withdrawal restrictions have increased demand for Bitcoin. 1 min read Updated: January 30, 2023 at 8:09 am Cover art/illustration via CryptoSlate The demand for Bitcoin (BTC) in Nigeria has soared as the fiat notes are set to be invalidated. This rise in demand …
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Blockchain analytical firm Peckshield tweeted that the Cream Finance (CREAM) exploiter transferred 365.7 ETH — worth $600,000 — to an unknown centralized crypto exchange TradeOgre on Jan. 30. The exploiter had transferred 2,070 Ethereum — roughly $3.3 million — to the same platform since Jan. 9, according to Etherscan data. The exploiter was moving funds …
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Grogan said that the previously unknown wallets became public after they sent ETH and stETH to the bankrupt FTX’s estate this January. 1 min read Updated: January 30, 2023 at 7:12 am Cover art/illustration via CryptoSlate Blockchain security firm PeckShield identified three wallets that converted 63,860 staked Ethereum (stETH) — roughly $90 million — to …
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press release PRESS RELEASE. VICTORIA, Seychelles — Bitget, a leading cryptocurrency derivatives exchange, has announced the winners and conclusion of its Hero Trader Awards 2022 competition. The event was organized to select the best 15 copy traders with high moral standards and professional qualities through community voting. The Hero Trader Awards 2022 commemorated the advancement …
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Lawmakers in Nur-Sultan have approved the final version of the law “On Digital Assets in the Republic of Kazakhstan.” The new legislation, including several other bills, regulates the circulation of cryptocurrencies in the country and introduces a licensing regime for crypto miners and exchanges. Senate Votes on Crypto Law, Sends It to President of Kazakhstan …
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A crypto strategist who nailed Bitcoin’s (BTC) 2018 bottom believes we’re in for a rough few weeks after this year’s bullish start. Pseudonymous analyst Smart Contracter tells his 219,300 Twitter followers that many altcoins have already completed their five-wave rallies. The analyst is referring to the core principle of the Elliott Wave theory, a technical …
As Bitcoin (BTC) shows a minor bull run, the connected sub-ecosystems’ year-long struggle for survival has started to pay off. For starters, the Bitcoin mining community experienced a 50% increase in revenue — through mining rewards and transaction fees — in the first month of 2023. On Dec. 28, 2022, Bitcoin mining revenue dipped to …
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USD Coin (USDC) issuer Circle has released an accountant-verified report of its treasury reserve holdings backing more than $44.5 billion worth of tokens currently in circulation. Circle’s December 2022 reserve report, reviewed by Grant Thornton accountancy group, breaks down the current make-up of the stablecoin issuer’s reserve vault. According to Circle, 44,553,543,212 USDC is currently …
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Bitcoin (BTC) starts a key week with a familiar cocktail of price spikes mixed with fear that the bear market will return. After sealing its highest weekly close in almost six months, BTC/USD remains over 40% up year-to-date, with the monthly close just 48 hours away — can the gains hold? Against all odds, Bitcoin …
Continue reading “Best January since 2013? 5 things to know in Bitcoin this week”
The trademark infringement trial between French luxury brand Hermès and digital artist Mason Rothschild is set to go ahead on Jan. 30 in a Manhattan federal court. The luxury brand accused the nonfungible token (NFT) artist of trademark infringement for promoting and selling MetaBirkins, an NFT collection said to be inspired by the group’s Birkin bags. The …
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