A closely followed crypto trader says that top blockchain oracle provider Chainlink (LINK) could be due for a sizeable correction. Pseudonymous trader and analyst Rekt Capital tells his 371,000 followers on the social media platform X that in order to move higher, LINK needs to close above the $14.70 level. “Chainlink needs a similar weekly …
Monthly archives: November 2023
Standard Chartered joins China’s CBDC pilot testing
The British bank will provide e-CNY CBDC services to clients and explore its future use in China’s financial system. News Join us on social networks British multinational bank Standard Chartered will partake in trials of China’s digital yuan central bank digital currency (e-CNY CBDC), one of the first foreign banks to do so in the …
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Real AI use cases in crypto, No. 1: The best money for AI is crypto
For every genuine blockchain project harnessing artificial intelligence in an attempt to create a better world — like Dr Ben Goertzel’s Singularity.net — there are 100 coins like AI Doge that have simply wedged the hyped-up terms “AI” and “Crypto” together to flog tokens. “Those are just fundamental buzzwords,” explains Near blockchain founder Illia Polosukhin, …
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Mainstream approval critical for blockchain games — Gaming execs
Three gaming executives believe mainstream audiences will play a factor in the overall success and future of Web3 games. Analysis Join us on social networks Web3 game developers have been battling to gain the attention of mainstream audiences for years, and according to three former gaming executives, that market is essential for the industry’s future. …
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Binance-linked HKVAEX still preparing to apply for license in Hong Kong
HKVAEX and VAEXC are different crypto platforms in Hong Kong and have nothing to do with each other, a HKVAEX representative said. News Join us on social networks Hong Kong cryptocurrency exchange HKVAEX has not applied for a virtual asset trading platform license with Hong Kong’s Securities and Futures Commission (SFC), a spokesperson for HKVAEX …
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Bitcoin Shrugs off a Binance DOJ Settlement to Hold $36,000, BNB, BLUR, SEI, Nov. 27
Bitcoin higher as market ‘turns corner’ from Binance issues. CZ is the latest exchange founder to fall. SEI and Blur enter the top 100 coins. BNB Binance Coin (BNB) lost 8% last week after news of a settlement with the U.S. Department of Justice. The deal will see the exchange pay a fine of $4.3 …
The Pros and Cons of Cryptocurrency Payments Processing
As the use of crypto for payments continues to grow, crypto payment processors and gateways are becoming pivotal to facilitating transactions. Crypto payment processing involves the handling of transactions conducted using cryptocurrencies. A cryptocurrency payment refers to a transaction conducted using a cryptocurrency as a medium of exchange, replacing traditional fiat money. Pros and Cons …
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Hex Founder Richard Heart Has Court Appearance Delayed Because SEC Can’t Serve Him
The US Securities and Exchange Commission (SEC) is struggling to serve Hex and PulseChain founder Richard Schueler, best known as Richard Heart, with a lawsuit, […] Go to Source
Scam Vendor ‘Inferno Drainer’ Strikes Again, Steals 6 NFTs On OpenSea In A Phishing Attack
Inferno Drainer, a new scam vendor specialising in multi-chain phishing scams, appears relentless in perpetrating attacks against crypto and non-fungible token investors. This time around, […] Go to Source
‘Decision Time’ for Ethereum Imminent, Says Crypto Analyst Benjamin Cowen – Here’s What He Means
A widely followed crypto analyst says that Ethereum (ETH) is fast approaching a major turning point that could see it collapse against Bitcoin (BTC). In a new video update, crypto strategist Benjamin Cowen tells his 788,000 YouTube subscribers that the ETH/BTC ratio will reach a “decision time” as soon as early next week. “Decision time …
$750M in locked crypto tokens to be released by December
DYdX, Optimism, 1inch and Aptos are expected to release over $750 million in locked tokens by December, according to data tracker Token Unlocks. News Join us on social networks Around $750 million of vested digital assets are scheduled to be unlocked and released into the markets in December. Among the projects releasing locked tokens, the …
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BTC price eyes $40K amid record hash rate — 5 things to know in Bitcoin this week
Bitcoin on-chain data is pointing to “up only” as BTC price action fights to eke out an uptrend below fierce resistance near $40,000. Markets News Join us on social networks Bitcoin (BTC) starts a new week keeping traders guessing near its highest levels in 18 months — what’s next? BTC price action has held higher …
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Average value of undeclared crypto in Japan dropped 19% in 2022
The number of tax evasion cases featuring crypto assets rose 35% in 2022. News Join us on social networks According to Japan’s tax authorities, the average value of undeclared income in crypto fell by 19% in 2022. On Nov. 24, the Japanese National Tax Agency (NTA) released its yearly summary of tax investigations. The 13-page …
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Bankless controversy forces founders to burn tokens and separate from DAO
The co-founders of crypto media Bankless are seeking to separate their brand from BanklessDAO two years after its launch. News Join us on social networks Amid the ongoing controversy around cryptocurrency media Bankless and the associated decentralized autonomous organization (DAO), BanklessDAO, the founders of Bankless have suggested separating the brand from the DAO. Bankless co-founders …
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Singapore MAS tokenization standards require overhaul to realize innovation potential – Ralf Kubli Interview
The Monetary Authority of Singapore’s (MAS) Project Guardian has been making waves in recent months for its progressive approach to digital assets. For instance, MAS recently launched the world’s first live repurchase transaction using a digitally native bond on a public blockchain. This and countless other innovations mark a significant milestone in its recent digital asset …