Cryptocurrency Analysis and News Portal
The leader of the Nigerian blockchain association, Senator Ihenyen, has implored the country’s lawmakers — currently pushing for the securities law to be revamped — to consider crafting laws that regulate the crypto industry. Proposed Law Does Not Expressly Mention Cryptocurrencies As Nigerian lawmakers debate a bill that proposes a ten-year
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Rocket Pool, a decentralized Ethereum 2.0 staking platform, has surpassed $350 million worth of total value locked (TVL) within five weeks of its official launch. The project aims to remove the barriers to entry for Eth2 stakers and node operators. It allows any user to run a node for 16
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BitRiver, the largest cryptocurrency mining colocation services provider in Russia, is unlikely to be affected by a new crypto crackdown from the Bank of Russia, according to the firm’s CEO.On Sept. 15, the Russian central bank announced that the authority has started working with local banks in order to slow
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Ethereum-based project Status has started an incentivization program for node operators around its decentralized peer-to-peer messaging protocol, Waku.In an announcement today, Status said it would be rolling out the first phase of a program to encourage people to set up and run nodes used by Waku, a private messenger based
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International body Financial Action Task Fork (FATF) has issued new guidance for decentralized applications (DApps). Its implications could directly affect the DeFi sector and could have consequences for DApp “operators” such as Uniswap, Sushiswap, and others. If you're a shareholder of Uniswap (or MakerDAO), then you're likely a VASP. And VASPs
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Some telcos are looking at developing a digital wallet that would link the digital currency to users' mobile phone numbers. Source
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Puerto Rico-based blockchain and robotics firm Bots Inc has announced it is exploring its options with “a major law firm” to launch litigation against firms operating Bitcoin ATMs across the United States.Two weeks ago the company acquired a patent for protocols underpinning the operation of Bitcoin ATMs which it believes
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With the price of bitcoin jumping to fresh 2020 highs last month, those running the digital currency’s underlying infrastructure are pondering the consequences. Namely, the routing node operators at the heart of Bitcoin’s Lightning Network are busily bracing for the curious new users that usually come with a bull run. Bitcoin’s
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Encryption startup NuCypher has finished distributing its network’s native token, NU, to over 2,000 prospective node operators who staked more than $125 million worth of ether (ETH) during the month of September. NuCypher’s system will hit Ethereum’s mainnet on Oct. 15.Primarily marketed as a solution for developers building decentralized applications
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