Cryptocurrency Analysis and News Portal
Progress continues on the creation of a digital euro, and the European Central Bank (ECB) has documented it in a second progress report that described design and distribution options recently approved by its governing council. The report considered four crucial issues, roughly in keeping with the timeline the ECB set
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We have elaborated the circuitry of DeFi, and must now realize its potential to replace the oil lamps, hand cranks and steam engines of the present financial landscapes. Source
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XRP is a cryptocurrency that was created in 2012 by the company Ripple Labs. It is used as a means of exchange and a store of value, and it is designed to facilitate cross-border payments and currency exchange.The Securities and Exchange Commission (SEC) is a U.S. government agency that is
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The world is quick to blame inflation for the rising prices at grocery stores and retailers. This was the #1 political issue for recent Election Day voters in the United States. For example, media sources recently reported poll data that 85% of Americans could not afford to spend $200 on
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According to a new announcement on Wednesday, the Bank of International Settlement, or BIS, along with the central banks of France, Singapore, and Switzerland, will be embarking on a new initiative dubbed "Project Mariana" in its exploration of blockchain technology. Project Mariana intends to use decentralized finance, or DeFi, protocols
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Following a $117 million exploit on Oct. 11, the Mango Markets community is set to make a deal with its hacker, allowing the hacker to keep $47 million as a bug bounty, according to the decentralized finance (DeFI) protocol governance forum. The proposed terms reveal that $67 million of the stolen tokens
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“Within 12 hours of the proposal opening, you shall send back the assets other than USDC, MSOL, MNGO, and SOL as a show of good faith,” reads the counter. “The remaining assets shall be sent within 12 hours once the vote is complete and passes,” the community wrote in its
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Major financial firms have teamed up to create EDX Markets (EDXM), a new exchange that will trade digital assets through trusted intermediaries. The exchange will provide services to institutional and retail investors. The new exchange will be backed by Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital and Virtu
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Both parties have agreed to dismiss the lawsuit, which originated last November when Tarantino announced he would be releasing NFTs using footage from the hit 1994 film he directed, “Pulp Fiction,” which Miramax claimed it owned the redistribution rights to. Source
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Gold bug Peter Schiff has settled with Puerto Rico’s financial regulator and agreed to liquidate his Euro Pacific Bank. Schiff stressed that he is not admitting to any legal wrongdoing. Peter Schiff Liquidating Euro Pacific Bank Gold bug and notorious bitcoin skeptic Peter Schiff has settled with the Office of the
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