Interoperability in the Blockchain — What Is It and How Does It Work?
We’ve all equated decentralization with the blockchain by now, which makes perfect sense as one of the main characteristics of blockchain technology
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Work
What is PAX Gold (PAXG) and how does it work?
In recent years, nonfungible tokens (NFTs), cryptocurrencies and other modern investment options have become trendy. However, physical commodities such as gold are still in high demand. In 2021, the global market capitalization for cryptocurrency surpassed $2 trillion. Now, investors must ask themselves: which option should I choose — crypto or
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How does high-frequency trading work on decentralized exchanges?
Following the decentralized finance (DeFi) boom of 2020, decentralized exchanges (DEXs) solidified their place in the ecosystems of both cryptocurrency and finance. Since DEXs are not as heavily regulated as centralized exchanges, users can list any token they want. With DEXs, high-frequency traders can make trades on coins before they hit
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Indian Finance Minister Urges IMF to Lead in Regulating Crypto — Georgieva Says IMF Ready to Work With India – Regulation Bitcoin News
India’s finance minister, Nirmala Sitharaman, has urged the International Monetary Fund (IMF) to take “a lead role” in regulating crypto assets. IMF Managing Director Kristalina Georgieva says the global organization stands ready to work with India on climate change, crypto regulation, and other global challenges of our times. India Wants IMF
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Japanese gov’t issues NFTs to reward local authorities’ work
The Japanese government has become one of the first to issue nonfungible tokens (NFTs) as a form of supplementary rewards to recognize the work of local authorities who have excelled at using digital technology to solve local challenges.The awards were handed out by the Cabinet Secretariat, a government agency that
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What is veTokenomics and how does it work?
All facets of a token's production and management, including its allocation to various stakeholders, supply, token burn schedules and distribution, are managed through tokenomics analysis. Tokenomics help to determine the potential value of decentralized finance (DeFi) projects. Since the law of supply and demand cannot be changed, tokenomics dramatically impacts
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US congressman and crypto skeptic explains why a crypto ban won’t work
In a recent interview, United States congressman and a known crypto skeptic Brad Sherman claimed that banning cryptocurrencies is not an option at this point.In a statement to LA Times, the Northridge-area Democrat said that the crypto industry has become quite powerful over the years. He added that the high capital
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Why Crypto Winter Hasn’t Dulled the Passion for Web3 Sex Work
"Everyone and their mother made a porn token last year," Ben Fraden, chief business officer of Vicewrld DAO, a Web3 adult entertainment organization, said. He said he was aware of around 80 porn tokens, some of which, such as TABOO, had market caps of more than $400 million. Original Source
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What is a gold-backed token and how does it work?
What is a gold-backed cryptocurrency?A gold-backed cryptocurrency is a type of digital currency that is backed by physical gold. The currency’s value is based on the current market price of gold and can be used for transactions just like any other type of cryptocurrency.Some cryptocurrencies are backed by gold in
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The Securities and Exchange Commission (SEC) Is Getting Clearer About How US Crypto Regulation Will Work
The filing in August said Grayscale received a memorandum from its “external securities lawyer,” which led the company to feel comfortable in saying those three cryptocurrencies aren’t securities, but nevertheless, based on what the SEC has said, Grayscale “acknowledges that ZEC [etc.] may currently be a security, based on the
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