Automated market maker (AMM) MonoX has announced the official launch of its mainnet platform, offering investors a full complement of swap and liquidity capabilities on the Ethereum and Polygon blockchain networks. With the release of this new service, Mono X is aiming to establish a cost-effective and accessible infrastructure for liquidity providers seeking to propel …
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Bitcoin (BTC) has hit a new all-time high in United States dollars as a long-awaited surge pushes BTC/USD into price discovery. BTC/USD 1-hour candle chart (Coinbase). Source: TradingView Bitcoin back in price discovery Data from Cointelegraph Markets Pro and TradingView showed Bitcoin breaching the $64,900 ceiling in place since April. On the second day of …
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Major companies are beginning to take part in the non-fungible token trend. Here are seven firms to watch. Several major companies have recently announced efforts involving NFTs or non-fungible tokens, also known as “cryptocollectibles.” These tokens feature artwork or other digital media that is unique or available in limited quantities. In recent weeks, various companies …
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A closely followed crypto analyst and trader says XRP is getting ready to ignite a strong move to its all-time high, while adding that demand for Ethereum (ETH) looks healthy. The pseudonymous analyst Credible tells his 249,600 Twitter followers that XRP appears to be mirroring price action from earlier this year when it surged from …
Measurable Data Token (MDT) has announced the launch of a blockchain-based oracle service, Measurable Finance (MeFi), which has been designed to connect traditional financial data markets to the decentralized finance (DeFi) sector. In its primary showcase of utility, the project constructed a decentralized application (dApp) —accessible on both the Ethereum and Testnet blockchains — which …
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As a result of El Salvador’s mainstream Bitcoin (BTC) adoption, Volaris El Salvador, a local subsidiary of budget Mexican airline Volaris, will accept Bitcoin as payment. The Bitcoin move comes a month after Salvadoran aviation authorities gave Volaris’s local subsidiary permission to operate in the country. Salvadoran President Niyab Bukele took to Twitter to announce …
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Most young investors in the United Kingdom are entering the crypto market thanks to the hype on social media and news, but they are not aware that the market is not regulated, a new study published by the U.K. Financial Conduct Authority (FCA) revealed. The survey revealed that a majority (69%) of the investors under …
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The Russian government is considering a new project to mine Bitcoin (BTC) with associated petroleum gas. Vasiliy Shpak, deputy minister of Industry and Trade of Russia, has reportedly filed a proposal with the Russian central bank and the Ministry of Digital Development to use the country’s oil field equipment for mining cryptocurrency. According to a report …
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With Bitcoin nearing its all-time high, popular crypto trader Nicholas Merten is taking a look at where the leading digital asset could go next. BTC is trading at $64,077 at time of writing, up more than 11% over the past week and nearly 33% in the past month, according to CoinGecko. The largest crypto asset …
Bitcoin (BTC) failed to beat its all-time highs on Oct. 20 — but a separate record kept bulls confident of a breakout. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Bitcoin hits new all-time high against euro Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $64,490 on Bitstamp overnight. While inches from matching April’s peak, …
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The Senate Committee on Australia as a Technology and Financial Center (ATFC) has just tabled its third and final report in Parliament which has 12 far-reaching recommendations for the regulation of the digital asset and fintech industry down under. It proposes new licenses for crypto exchanges, new laws to govern Decentralized Autonomous Organizations, an overhaul …
Australia’s top cyber spies are set to gain greater powers in the event of ransomware or other cyber attacks on critical infrastructure. The Australian Signals Directorate (ASD), a government agency in charge of cyber warfare and information security, would be able to take over control of critical infrastructure — including energy, communications and banking systems …
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A bounty of up to $1 million has been offered up to anyone who can cast light on the precise backing of Tether’s reserves. That backing just got a little bit murker, after Celsius Network CEO Alex Mashinsky reportedly said that Tether mints new USDT in exchange for crypto assets — which appears to conflict …
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Five Senators have called for the immediate closure of Facebook’s new crypto wallet just hours after it was launched in partnership with Coinbase. Crypto skeptic Senator Elizabeth Warren was one of the five urging Facebook CEO Mark Zuckerberg to “immediately discontinue” the project. In a letter sent to Zuckerberg on Oct. 19, the five Democrat …
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Galaxy Interactive, a venture capital firm focused on next generation interactive technolo, has announced it has raised $325 million for its second fund from 70 different investors. The fund is focused on virtual and augmented reality, artificial intelligence, and blockchain-based games. In an Oct. 19 announcement, Galaxy Digital, the majority owner of Galaxy Interactive, stated …
