SEC head Gary Gensler said that the authority spends only $325 million per year on tech, which is less than some industry players spend in two weeks. The United States Securities and Exchange Commission is looking to cooperate with Congress and other regulators to increase its oversight of cryptocurrency exchanges. Gary Gensler, the newly appointed …
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The Austrian post is set to incorporate near-field communication to its award-winning nonfungible token digital postage stamp. Oesterreichische Post AG — Austria’s postal service — is set to adopt even more digital technology protocols for its nonfungible token (NFT) postage stamps. In a recent announcement, the Austrian Post revealed plans for incorporating near-field communication (NFC) chips …
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Apple has listed a new job posting stating that it is looking to hire a business development manager with experience in the crypto sector. The new manager will head the firm’s alternative payments partnership program. The job posting also stated that the candidate needed to have at least a decade of experience in the sector …
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Analysts such as those from Goldman Sachs have argued that Ethereum (ETH) will soon surpass Bitcoin (BTC) as a store of value. However, others are equally adamant in the belief that this will not happen and that Bitcoin will retain its dominance in the broader crypto market. Because the crypto market is highly volatile, it …
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55% of survey respondents said that they were aware of crypto despite never owning or using cryptocurrencies. Among the many complications associated with cryptocurrencies like Bitcoin (BTC), a lack of knowledge and understanding of crypto is the biggest obstacle for wider adoption, according to a new survey. The Economist Intelligence Unit, the research and analysis …
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New data shows a dramatic rise in the number of Bitcoin wallets holding anywhere between 100 BTC to 1,000 BTC, but there may be a catch. The amount of Bitcoin (BTC) held by whales increased by around 14% after Tesla announced its foray into the cryptocurrency sector in early February 2021. The latest data from …
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Hong Kong citizens are using a blockchain system to fight back against the government’s attempts to erase and overwrite the history of recent years’ anti-authoritarian struggles. Blockchain’s potential to sustain a distributed, tamper-proof infrastructure for collective digital memory has taken on an unexpected political salience for citizens in Hong Kong. Soon after Hong Kong’s public …
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Hong Kong’s Treasury Secretary says the government is right to pursue restrictive crypto regulations in the city. Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury has defended the recent proposal by the city’s Financial Services and the Treasury Bureau to ban retail crypto trading. In a speech delivered at StartmeupHK virtual fintech …
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Environmental, social and governance (ESG) funds are growing in popularity with mainstream investors looking to put their money to work by generating returns from doing good for the world. So where can crypto fit in with the ESG boom? Unfortunately, despite astronomical price surges, crypto assets have earned themselves a bad reputation on the environmentally …
Litecoin is now a payment option on the Protonmail shop and Venmo Bitcoin, Ethereum and Bitcoin Cash is also supported by the two platforms The Protonmail Shop has additional support for DAI Litecoin has bounced back above the 200-day moving average You can now use Litecoin (LTC) as a payment option on the Protonmail Shop …
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Chia, a cryptocurrency project created in 2018 that uses storage for its consensus, is eyeing a public offering this year, according to statements from its COO, Gene Hoffman. The company just received an influx of investments that are pointing it to become the next ‘green bitcoin substitute,’ due to its relatively low energy consumption compared …
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Recent announcements and actions by Elon Musk surrounding bitcoin mining sustainability raise questions about the reasoning and motivations of Tesla’s Technoking. Is it possible that Musk is playing a calculated marketing game to introduce a Tesla mining solution? The World of Bitcoin Mining According to Musk Once upon a time, for 49 days, the world …
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Chinese traders still exert a major influence in the cryptocurrency market, even with all the distinct issues they must now face to operate. This is the opinion of several experts in the field that have weighed in on how the recent prohibitions and ban proposals from China are really affecting how Chinese bagholders that conduct …
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The South African Reserve Bank (SARB) says it has commenced a feasibility study for a general-purpose retail central bank digital currency (CBDC). The study, which the SARB expects to conclude in 2022, will focus on the issuance of a domestic CBDC that can be used by consumers in South Africa for general retail purposes. Study …
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Blockchain-powered sports platform dotmoov has announced the signing of two football legends Luís Figo and Ricardo Quaresma, as brand ambassadors. Both professional athletes hail from Portugal and will use their professional influence to educate sports enthusiasts on the burgeoning crypto industry. The global pandemic has forced activities in every sector to a screeching halt. One …
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