Cryptocurrency Analysis and News Portal
Subsocial Network, an open platform designed to support the creation of decentralized social networks and marketplaces, announced on November 11th that it will be participating in the upcoming Kusama parachain slot auction. As per the announcement, Subsocial will bid for one of the competitive Kusama parachain slots to scale its
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Investors may be better off owning bitcoin directly versus shares of Coinbase Global Inc. (COIN) in order to avoid headwinds including growing competition and the ongoing “commoditization of cryptocurrency exchanges,” Mizuho Securities USA told clients in a note Thursday. Source
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The European Central Bank (ECB) has tapped Evelien Witlox, ING’s global director of payments, as program manager for its digital euro, effective Jan. 1.In her new role, Witlox will work alongside the senior management team of the Directorate General Market Infrastructure and Payments.Witlox will work on the ECB’s investigation phase
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Subsquid, a query node framework for Substrate-based blockchains, announced Thursday that it has closed a $3.8-million seed round led by Hypersphere Ventures.The company said that it expects to use this seed capital for developing the first blockchain indexing solution. The new data query technology, as per the announcement, will tap
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The yield comes from the staking of the city’s own cryptocurrency, MiamiCoin, which was introduced early this year and has already earned over $21 million in the past three months for Miami. Suarez noted that if you were to annualize that revenue, it would equal roughly one-fifth of Miami’s total
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Saddle, an open-source automated market maker (AMM) for trading between pegged value crypto assets, has closed a $7.5 million funding round led by Polychain and Electric Capital with participation from Nascent, Project Galaxy and others. The fundraise follows a $4.3 million raise in January. Source
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Indonesia’s top Islamic body, the country’s authority on Shariah compliance, has reportedly declared cryptocurrency haram, forbidden for Muslims under Islamic law. The Indonesian Ulema Council explained that crypto has elements of uncertainty, wagering, and harm. Cryptocurrency Is Forbidden for Muslims Under Islamic Law in Indonesia Indonesia’s Ulema Council (Majelis Ulama Indonesia or
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In our latest in-depth video, Cointelegraph shares six key tips on how to increase one’s safety when investing in decentralized finance (DeFi) by identifying rug pulls — one of the most widespread types of crypto scams.Booming growth coupled with a lack of oversight by traditional authorities has attracted an influx
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Bitwise Asset Management has withdrawn the application for its Bitcoin Futures exchange traded fund (ETF) citing what it said are the cost and complexity of such ETFs and that the company will instead focus its efforts on its spot Bitcoin ETF filing already in the pipeline. Original Source
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The metaverse is important because it can “fundamentally change the medium through which we socialise with others, watch music performances, engage with fashion brands, learn and/or speculate on digital assets such as NFT’s or in-game skins,” Morgan Stanley said in a research note. Source
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