El Salvador’s President Bukele responded to the weekend’s Bitcoin protest, calling it a failure while also downplaying the numbers involved. Ever since announcing a dual Bitcoin-dollar currency system, a segment of the population has voiced its opposition. Referring to President Bukele’s insistence to press ahead regardless, they say El Salvador is now a “dictatorship.” President …
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One of the biggest asset managers in Brazil, Kinea, disclosed it made an exploratory investment in Ethereum. The announcement was made by Marco Aurélio Freire, manager of funds for Kinea, who stated the company had invested a small amount of its holdings in ethereum starting two months ago. Kinea, the investment arm of Banco Itau, …
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The National Police have issued a warning for a wave of cryptocurrency-related investment scams in Spain. The amount that has been lost in these kinds of investments recently is €240,000 related to just two complaints. However, there has been a rise in the complaints presented by citizens due to the popularity that these financial instruments …
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FinCEN, the U.S. Financial Crimes Enforcement Network, linked more than $5 billion in bitcoin transactions to the most common ransomware variants out there. The organization stated in a report issued last week that the mean average total monthly suspicious amount of ransomware transactions was $66.4 million during the first two quarters of 2021. FinCEN also …
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Microstrategy CEO Michael Saylor has suggested Nigeria and Zimbabwe issue currencies that are backed by bitcoin if they want to fix their economies. He surmised that using the bitcoin standard will end starvation and allow citizens of both countries to have a decent life. National Currencies Backed by Bitcoin In a video clip where he …
press release PRESS RELEASE. The Floor NFT’s are fresh, hand-drawn, non-PFP (Profile Picture), artistic collectibles on the Ethereum Blockchain, crafted with love by DAHR in his pleasing cartoonish art style. Only 7777 provably rare artworks were generated from 150 traits/attributes in order to gather together a first-ever NFT condominium community. The Floor NFT spawned from …
Former Republican Congressman George Nethercutt Jr. lashes out at the current U.S administration over its dealings with the crypto sector. In an opinion piece published by independent political news site The Hill, Nethercutt Jr. highlights the deliberate shunning of cryptocurrencies. Saying that, in doing so, the U.S effectively gives up its chance of becoming the …
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Following DOT’s rally last week, driven by the announcement of Polkadot’s highly-anticipated parachain auctions, Gavin Wood teased $774 million ready to be spent on innovative ideas. Polkadot, created by Wood, currently has 18,936,300 DOT in its treasury, which can, according to the founder, instead of being slowly burned by the protocol, fund anything that the …
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Registered investment advisors (RIAs) with about $110 trillion under management can now offer their clients cryptocurrency trading through Interactive Brokers. RIAs manage portfolios of almost 61 million clients. Registered Investment Advisors Can Now Offer Cryptocurrencies to Clients Global investment firm Interactive Brokers Group (Nasdaq: IBKR) announced Monday the launch of cryptocurrency trading for registered investment …
New York Attorney General Letitia James has ordered two cryptocurrency lending platforms to shut down and requested three other platforms to answer questions regarding their activities immediately. The letters to the companies published on the attorney general’s website indicate that the two platforms are Nexo and Celsius Network. New York Cracks Down on Unregistered Crypto …
Grayscale Investments has confirmed its plan to file for its bitcoin trust (GBTC) to be converted into a bitcoin exchange-traded fund (ETF). “The NYSE Arca will file a document called the 19b-4 to convert GBTC into an ETF,” said Grayscale’s official. GBTC to Become Bitcoin ETF Grayscale Investments has confirmed that it will convert its …
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‘Dogefather’ does it again: Why are ‘petcoin’ meme cryptos off the leash? This post was last updated on October 16th, 2021 at 02:39 amWhile the new generation of Shiba Inu dog breed-inspired cryptos continues breaking the charts, the meme coin hype unravels as an influencer-dependent, community-driven market phenomenon. 2 min read → Go to Source
A little over a month after El Salvador legitimized Bitcoin as a legal tender within its jurisdiction, and with the value of the flagship asset touching new heights during the weekend, indications have emerged that interest in it has surged drastically in the Central American country. More El Salvadorans are converting their dollars into BTC …
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The price of bitcoin recently jumped above the $60,000 per unit mark on October 15, and the leading crypto asset has not seen prices this high since mid-April six months ago. However, as far as the top digital assets are concerned, in terms of market capitalization, things are a whole lot different. For instance, ether …
press release PRESS RELEASE. Blockchain Euro Project BEUROP has announced the launch of its DeFi trading and Marketing platform for cryptocurrency startups and everyday users. Monday 18th, London, England — Following the launch of it’s deflationary BEPR token, Blockchain Euro Project (BEUROP) is preparing to establish its first product: a DeFi crypto trading and marketing …
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