Fantom’s presence in Central and South Asia has expanded to Uzbekistan, with the partnership focusing on upscaling the country’s information technology infrastructure. The Fantom Foundation has announced a joint venture with AG Mentors Group headed by former Uzbekistan Deputy Prime Minister Elyar Ganiev. According to the announcement published on the Fantom Blog on Wednesday, the …
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Bitcoin futures curve was in backwardation for most of 2018, a year when BTC lost 74% of its value, JPMorgan noted. JPMorgan’s cryptocurrency market analysts have pointed to the difference between Bitcoin’s (BTC) spot prices and BTC futures prices as a potential bearish sign for the market. In a Thursday note to clients, JPMorgan analysts …
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Now valued at $1.5 billion, Ledger aims add new products to its hardware and software wallet portfolio. Following a dramatic increase in its revenues in the first quarter, the cryptocurrency security and infrastructure company Ledger completed a new fundraising round led by 10T Holdings. Known for its Ledger Nano S and Nano X hardware wallets, …
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The founder of Doge dropped a three-tiered series of NFTs and Paris Hilton becomes an NFT advisor. Billy Markus, the co-founder and engineer of Dogecoin (DOGE), who also sold off his DOGE stash for the equivalent of a used Honda Civic in 2015, has entered the nonfungible token (NFT) market. On June 9, Markus unveiled …
The good times will be temporarily over once again on Thursday, one trader predicts, despite this week’s 20% gains. Bitcoin (BTC) neared $38,000 in a strong comeback on June 10, but forecasts are mounting over an imminent retracement. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Price drop on the menu for Thursday Data from Cointelegraph …
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The FBI may have access to a lot more BTC in hacking group’s addresses. JBS USA Holdings Inc. has paid an $11 million ransom in Bitcoin to cybercriminals as new details emerge over the FBI’s recovery of assets from a previous heist. The payment, estimated to be more than 300 BTC at current prices, was …
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Analysts are arguing whether the RSK-based Bitcoin money market, Sovryn, has a TVL of $52 million … or $2 billion. Sovryn, a BTC money market protocol built on Bitcoin-based smart contract platform RSK, recently appeared to be shooting up through the decentralized finance rankings. On June 9, Bitcoin commentator, Anthony Pompliano, shared data to his …
Luxor and NYDIG have teamed up to foster growth for the North American crypto mining industry. Seattle-based mining software company Luxor has closed a Series A funding round led by institutional Bitcoin technology and financial services firm NYDIG. Luxor announced the $5 million funding round on June 9, adding that NYDIG will collaborate with Luxor …
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Some of those caught up in an alleged $3.6 billion crypto Ponzi scheme are refusing to aid police investigations as they still expect to triple their investments. Victims of an alleged $3.6 billion crypto Ponzi scheme in South Korea are reportedly hampering the progress of a police investigation and a joint lawsuit — as they …
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Can BitMEX and Bitcoin beat Elon Musk and Dogecoin to launch the first crypto asset into lunar orbit? A 21st-century space race appears to be brewing between Elon Musk and BitMEX, with both parties pledging to launch their respective crypto of choice to the literal moon first. On June 4, the popular crypto derivatives exchange …
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New York senators have amended a proposal to ban all crypto mining for three years, and are now seeking to only stop mining firms backed by carbon-based fuel sources. A proposed crypto mining ban calling for a forced three-year hiatus on all mining operations in New York has been watered down — and will now …
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A stream of bullish Bitcoin adoption news helped to push BTC price back above $37,000 but traders are unsure if the 20% move confirms a trend reversal. The cryptocurrency market flashed bullish on June 9 as Bitcoin (BTC) price reversed course and rallied 20% to $37,500. For the past few weeks, analysts had been debating whether …
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Iran President Hassan Rouhani wants to protect national interests regarding crypto. Iran is looking for ways to introduce a legal framework for cryptocurrencies, while Bitcoin (BTC) mining remains under embargo in the country. During the cabinet’s Economic Coordination Board meeting on Tuesday, Iranian President Hassan Rouhani emphasized the need to legalize cryptocurrency activities to preserve …
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President Nayib Bukele’s “Bitcoin Law” was passed by the Salvadoran Legislative Assembly. The bill introduced by the president of El Salvador to make Bitcoin (BTC) legal tender in the nation passed the Legislative Assembly with a supermajority just before 6:00 am UTC. In a Twitter Spaces conversation with 22,000 listeners that began just after 5:00 …
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“The threats posed by crypto show that congress and federal regulators can’t continue to hide out, hoping crypto will go away,” said the Massachusetts senator. Democratic Senator Elizabeth Warren did not mince words when it came to criticizing crypto, but seemed to consider a federally-backed digital currency as a possible solution to address problems around …
Continue reading “Elizabeth Warren compares ‘bogus’ crypto to ‘legitimate’ CBDCs in senate hearing”
