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The United States’ approach to cryptocurrencies could do more harm than good and they risk losing major players by the time they “get their act together,” Cardano founder Charles Hoskinson has said.“When you look at some of the U.S. regulators, in particular, they’ve done a really good job of alienating
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The UK government appears to be intent on expanding digital assets throughout the nation. To this effect, it now looks forward to passing legislation to implement the Digital Securities Sandbox (DSS). Recent efforts by the United Kingdom (UK) suggest that the nation may be looking to expand its digital assets sector.
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Defi lending platforms see a spike in stablecoin borrowing rates, signaling a market rebound with rising demand and potential arbitrage opportunities. The current bull market has triggered a resurgence for the defi sector, as interest rates for borrowing stablecoins have significantly increased across most defi lending services. The interest rates for borrowing
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RootData reveals a significant decline in both the number and total amount of venture capital investments in the cryptocurrency sector, with October marking new lows. New data reveals that venture capital investments in the cryptocurrency sector continue to decline significantly. RootData reports that the number of publicly disclosed crypto venture capital
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As part of their collaboration, the companies plan to launch AI-powered copilots for industries such as manufacturing, infrastructure, transportation, and healthcare. German technology company Siemens AG has partnered with Microsoft Corporation (NASDAQ: MSFT) to introduce Siemens Industrial Copilot, a generative artificial intelligence (AI)-powered assistant. The AI assistant is designed to enhance
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The Crypto Sector Index Series will include several indices tracking the prices of a bucket of different digital assets based on their use cases. The world’s largest digital assets manager Grayscale Investments continues to take steps in order to expand its footprint in the market. Also, the latest report shows that
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The Ethereum liquid staking derivatives finance (LSDFi) ecosystem has seen a surge in growth this year as Ether (ETH) holders chose to stake rather than liquidate.Despite ETH withdrawals being enabled with the Ethereum Shapella upgrade in April 2023, an Oct. 16 LSDFi report from crypto data aggregator CoinGecko said the
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Chainlink’s Cross-Chain Interoperability Protocol (CCIP) might provide a lasting solution to the challenge posed by blockchain fragmentation. In a recent development, the Australia and New Zealand Banking Group (ANZ), one of Australia’s major banks, is taking significant steps toward the launch of its bank-issued stablecoin A$DC. This move follows a successful
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Evergrande has seen an impressive spike in shares even though both the HSI and the property sector in China are still struggling. Chinese property developer Evergrande saw its shares jump 82% on Wednesday, outperforming other publicly listed companies on the Hang Seng Index (HSI). Evergrande shares closed at HK$0.640 after climbing
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Even where implemented, there are discrepancies. Canada, for instance, requires operators to jot down beneficiaries’ postal addresses, while the U.K. doesn’t, and firms are caught in a quandary when handling a transfer between the two, Caterina Veloso, co-chair of lobby group CryptoUK’s travel rule working group, told CryptoX. Source
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