Cryptocurrency Analysis and News Portal
Even the harshest critics cannot deny the exponential growth opportunity for metaverse tokens. Not only are they not completely governed by the same forces behind popular cryptocurrencies, but as time progresses, it’s increasingly difficult to write off the metaverse as a mere ‘fad’ as investors begin to understand where the
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The company behind stablecoin Tether (USDT) has rebuffed a report by The Wall Street Journal (WSJ) claiming it had ties to entities that faked documents and used shell companies to maintain access to the banking system.On Mar. 3 the WSJ reported on leaked documents and emails purportedly revealing that entities
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The SEC is holding firm that its decision to reject Grayscale's bitcoin ETF bid was proper. Source
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Notorious NFT hacker Monkey Drainer has stolen $800,000 worth of Crypto Punk and Otherside NFTs, according to blockchain sleuth ZachXBT. Original Source
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Bit Digital has moved to recover its hashrate in the second quarter of the year. On June 7, it signed a colocation agreement with Coinmint, leasing hashrate for at least one year. Under the deal, Bit Digital will pay for operating costs, including electricity and a fee of 27.5% of
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Strike’s CEO Jack Mallers announced a new partnership with Shopify, Blackhawk, and NCRThe partnership will enable US Shopify merchants to receive Bitcoin funds in an instant via the lightning network. Strike’s CEO Jack Mallers is all set to integrate Shopify with Strike, enabling the company to facilitate fast-speed Bitcoin payments to
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After Bitcoin (BTC) faced its third consecutive rejection, investors became more confident in adding altcoin positions. For the leading cryptocurrency, the path to $50,000 appears more challenging than previously expected.According to Euronews Next, on March 14, the European Union rejected a proposed rule that could have banned the energy-intensive proof-of-work
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“In our conversations with FTX, we quickly realized our joint desire to innovate around cryptocurrency integration and adoption, including the role NFTs play in global fan engagement,” said Warriors president and chief operating officer Brandon Schneider. Source
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BusinessBTIG analyst Mark Palmer says traditional money-transfer firms are likely to face increased pressure from crypto projects.By Michael BellusciOct 20, 2021 at 2:43 p.m. UTCUpdated Oct 20, 2021 at 2:43 p.m. UTCWestern Union (Sean Gallup/Getty Images) Original Source
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The latest news has left the decentralized finance community in a collective fetal position. Responding to the threat of increased regulatory oversight, leading decentralized exchange Uniswap recently restricted the trading of certain tokens. Earlier in July, Dan M. Berkovitz, chairman of the Commodity Futures Trading Commission (CFTC), said that DeFi
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