A provincial branch of one the largest Islamic organizations in Indonesia has declared cryptocurrency “haram,” or forbidden under religious law. The decision came after a “heated discussion” joined by a crypto expert who was invited to explain in detail the practice of using digital coins. Cryptocurrency Deemed ‘Haram’ in Indonesia The local branch of the …
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sponsored Guild Of Guardians is a multiplayer RPG where players earn epic rewards. The project has top tier partners such as Ubisoft and one of the largest and most well-funded, VC-backed teams building NFT games. The developers have big ambitions for disrupting the $100 billion mobile gaming industry by creating a quality experience that is …
Creatd has announced its second NFT drop featuring three photographs of Donald Trump, including the one that displays him signing a chest of a model, as its website. The NFT is currently priced at 240 Ethereum which is roughly $1 million in US prices. Headquartered in New Jersey, Creatd has managed to draw considerable attention …
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A new survey by Finder.com found several financial strategists peg a price target of $5,000 for Ethereum, more than 100% of its current value. According to the forecast, fintech panelists have opined that the prices of Ethereum will continue to soar as 80% of applications are built on the Ethereum blockchain. The panelists have also …
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Dogecoin (DOGE) jumped nearly 50% this morning as ‘Dogecoin Killer’ Shiba Inu (SHIB) fell -10%, displaying signs of a mean reversion trade to bring the Dogecoin and Shiba Inu market caps to parity. Mean reversion strategies attempt to capture profits as the price of asset returns to more normal levels, or the average. Such a …
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The Bitcoin Mining Council (BMC) has recently published the findings of its Q3 2021 survey, which revealed that the global Bitcoin (BTC) mining industry continues increasing the utilization of sustainable energy. The BMC is a voluntary association of Bitcoin miners, founded in May 2021 with support from some of the largest Bitcoin mining companies along …
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The Nigerian president, Muhammadu Buhari, suggested in a recent speech that the new e-naira central bank digital currency (CBDC) could lead to an increase in the value of his country’s GDP by $29 billion in ten years. Africa’s First CBDC President Buhari made bold remarks in his speech at Monday’s launch of the e-naira CBDC, …
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Authorities in Slovenia have prepared new legislation tailored to determine how crypto holdings and transactions are taxed in the country. The proposal, aimed at clarifying the matter, has been submitted for public consultations this week, local media reports revealed. Slovenia to Amend Tax Rules for Cryptocurrencies The Finance Ministry in Ljubljana has opened public consultations …
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Controversial meme token Shiba Inu stands its ground against criticisms by posting a new all-time high today. As well as that, the recently released Shiboshis NFTs have established a price floor of 1.2 ETH ($5,070) on the secondary market. Critics have attacked the project on a number of fronts, the primary concern being its one …
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The Indian government is reportedly planning to introduce cryptocurrency regulation by the time of the next general Budget, which is in February next year. Instead of banning cryptocurrencies, like bitcoin, the government is likely to regulate crypto assets as commodities, according to reports. Indian Crypto Law Could Comes as Early as February The Indian government …
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Operation Dark Huntor, a coordinated international effort on three continents to disrupt opioid trafficking on the darknet, has led to the arrests of 150 people. According to the Federal Bureau of Investigation (FBI), the operation has also resulted in the seizure of over $31.6 million in cash and cryptocurrencies. Operation Dark Huntor: 150 Arrests, Crypto …
A group of U.S. banking regulators is working on how banks can be allowed to offer crypto services and hold cryptocurrencies on their balance sheets. The chairman of the Federal Deposit Insurance Corporation (FDIC) said, “If we don’t bring this activity inside the banks, it is going to develop outside of the banks … The …
With each passing day, the Non Fungible Token (NFT) sector is becoming a record-making niche of the crypto world where new ceilings are being shattered with almost every transaction. NFT sales rise by over 400% in 3 months Available information from the last three months has shown that the space has seen its sales rise …
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The US Securities and Exchange Commission (SEC) is about to play a leading authority role when it comes to proposing legislation and overseeing the stablecoin sector, Bloomberg recently reported, citing anonymous sources. The sources “familiar with the matter” leaked that a report expected this week by the US Treasury Department and other agencies will also …
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If you’ve been following the crypto markets for a hot minute, you’d notice two trends that immediately stand out from the thousands of niches within the already obscure space—one, of memecoins like Shiba Inu and their unexplained rise, and two, the technically astound advances (read: parachains) made on blockchain networks like Polkadot and Kusama. Polkadot, …
Continue reading “How to best use crowdloans on Polkadot and Acala Network with Dan Reecer”
