Cryptocurrency Analysis and News Portal
Uruguayan Senator Juan Satori has introduced a draft bill to regulate cryptocurrency and enable businesses to accept crypto payments. Satori joins a growing list of politicians from South American and Spanish-speaking countries that are seeking to bring crypto adoption into the mainstream. The Senator is not proposing the use of
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The Solana Foundation has announced Stake Pools to increase the network’s security, promote censorship resistance, and rewards SOL holders in the process. The announcement was made via their official Twitter handle. The Stake Pool program was enabled via an on-chain governance process, as the Solana Foundation said. Any SOL holder can
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Decentralized derivatives exchange SynFutures announced a new product called Bitcoin (BTC) Hash Rate Futures that uses the biggest cryptocurrency’s ever-changing mining difficulty as a basis to open long or short positions. Touted as fully decentralized hash rate futures, SynFutures’ new offering would let users trade on Bitcoin mining difficulty with wrapped
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Elrond (EGLD), the decentralized, high-throughput, internet-scale blockchain has partnered with data automation platform Parsiq to index Elrond data in real-time. Elrond Allies with Parsiq for Scalable Business Workflows In an announcement made today, the Secure Proof of Stake-based smart contracts platform Elrond said it had inked a deal with blockchain monitoring and
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Ripple CTO David Schwartz said the firm is currently working on a non-fungible token (NFT) strategy. He added that based on observations, people care little about the underlying technology, only the NFT itself and the user experience. “Ripple is currently working on an NFT strategy. I think the key element here
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The self-described “Internet of blockchains,” Cosmos, has launched its Inter-Blockchain Communication standard, or IBC, enabling crypto assets to be transferred easily between independent blockchains.Comos’ IBC went live on March 29, enabling token transfers between Cosmos and other IBC-compatible blockchains.The feature, which has been in development for five years, was voted
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In an interview for the Fortune’s Leadership Next podcast, Visa’s CEO Al Kelly reveals their efforts to integrate Bitcoin into their payment platform. Their plans are for their millions of clients worldwide to be able to trade in BTC but also convert those funds into fiat. Kelly claimed: We’re trying to do
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Face-to-face transactions are starting to seem quaintly archaic as many countries continue or even expand lockdowns due to the ongoing COVID-19 pandemic. Since the start of the crisis in early 2020, digital transactions have surged, particularly in e-commerce and digital banking. In contrast with face-to-face transactions, such as a direct
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In the future, PayPal plans to work with global central banks to further tap on digital assets’ capabilities.American payment company PayPal Holdings Inc (NASDAQ: PYPL) has partnered with Paxos Trust Company to provide crypto services. Notably, PayPal has also been granted a conditional Bitlicense by the New York State Department
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Oasis Network, a privacy-centric data-sharing network, said it will integrate Chainlink’s price feeds into its network. Source
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