The Ethereum 2.0 deposit contract has gained over 1M ETH since late April ETH2.0 deposit contract now holds 5.429 million Ethereum worth $13.697 Billion The Ethereum London hard fork is still on track for a July launch and one reason ETH investors keep staking their coins The London hard fork will introduce 5 Ethereum Improvement …
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Engineers in El Salvador have dug a new 95MW geothermal well The new geothermal well will provide renewable energy for the mining of Bitcoin This is after the country’s President requested the power company of LaGeo, to offer facilities for Bitcoin mining El Salvador is the first country to acknowledge Bitcoin as a form of …
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Chinese authorities have announced that more than 170 criminal gangs have been eliminated and over 1,100 suspects arrested in the latest round of crackdown on criminal groups providing cryptocurrency money laundering services for telecom fraudsters. Crackdown on Telecom Fraud Using Cryptocurrency for Money Laundering The Ministry of Public Security of the People’s Republic of China …
Synthetic assets open up several opportunities for investors by not confining them to a specific location. If the concept excites you, there’s good news from XCarnival. Recently, XCarnival announced it has secured a two-million US dollar seed investment in its quest to reinvent synthetic assets in crypto. This investment was led by top crypto funds …
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El Salvador has begun exploring bitcoin mining using energy from its volcanoes, President Nayib Bukele has revealed. “Our engineers just informed me that they dug a new well that will provide approximately 95MW of 100% clean, 0 emissions geothermal energy from our volcanos,” he detailed. Bitcoin Mining Using Volcanoes’ Energy El Salvador President Nayib Bukele …
Several major global cryptocurrency exchanges are reportedly exploring ways to enter the Indian crypto market. “The Indian market is huge and it is only starting to grow, if there was more policy certainty by now Indian consumers would have been spoilt for choice in terms of exchanges because everyone wants to be here,” said an …
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Since 2018, tech giant Google has been in an on-and-off relationship with crypto, but can the latest favorable outlook stick? The term “unpredictable” has almost become synonymous with the crypto industry at this point, as was on full display recently when technology juggernaut Google decided to un-ban digital asset exchanges from using its advertisement services …
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The newly proposed global tax rules will drastically influence all international companies, with crypto being a target as well. At a meeting in London earlier this month, the finance ministers from the G7 — the United States, Japan, Britain, Germany, France, Italy and Canada — unanimously agreed to begin creating the framework for a global …
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The Basel Committee on Banking Supervision proposed tough requirements for banks that want to hold cryptocurrencies like Bitcoin. The Basel Committee on Banking Supervision (BCBS), a global committee of banking supervisors and central banks, has proposed new requirements for banks that want to hold cryptocurrencies like Bitcoin (BTC). In a consultation paper published Thursday, the …
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There may not have been as many female speakers at Bitcoin 2021, but the women who presented were phenomenal. Here’s why. Dubbed as “the largest Bitcoin event in history,” Bitcoin 2021 consisted of 12,000 attendees from across the globe. Undoubtedly, Bitcoin (BTC) adoption is growing at an impressive rate. Yet judging by the attendance at …
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Bitcoin price has continued its climb as it aims to crawl out of the hole dug by May’s downturn, helped by El Salvador going all in on the virtual currency and the Basle Committee banking regulator endorsing crypto as an asset class, albeit a very risky one. As we all recall, the past month was …
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Kusama price is on a tear. Crypto protocols have shown remarkable growth since the year began, and one such crypto protocol is certainly the Kusama network. Following a Tuesday announcement from principal founder Gavin Wood that parachain auctions would now be supported on the test network, KSM price rose by 17.50% and now trades at …
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Solana protocol is making great strides in decentralized finance, and because of this, it has been labeled the ‘ethereum killer.’ The scalability of the Solana network has led to an upward price movement in the SOL token. At the time of writing, Solana coin was trading at around $43, representing a 16% increase. Solana Price …
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OKEx has integrated Polygon (MATIC) The integration opens the doors to faster and cheaper transfers of ETH and ERC20 tokens to the Polygon network 23 digital assets will benefit from the new efficiency brought about by integrating Polygon MATIC’s 50-day moving average is providing adequate support at the $1.30 price area The crypto exchange of …
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Polkadot is not only leading the altcoin pack in terms of performance, but it is also the most improved digital currency in the top 10 list. DOT coin has been gaining support from the broader crypto market, and this is propelling its value higher. At the time of writing, Polkadot was trading at around $23. …
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