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Showing posts with the label coin news

Conflux partners with Protofire

Conflux partners with Protofire,  a collective of blockchain experts who are passionate about building decentralized technology. This collaborative effort holds the potential to revolutionize the world of decentralized applications. Collaboration Between Conflux and Protofire to Address the Blockchain Trilemma Conflux and Protofire have joined forces to tackle the blockchain trilemma, a significant challenge in the world of decentralization. This collaboration aims to achieve scalability and security by enhancing Conflux’s Tree-Graph consensus mechanism. With the help of Protofire, Conflux is dedicated to resolving the blockchain trilemma. Protofire’s seasoned team of developers will lend their expertise towards Conflux’s ambitious global undertaking by managing the technical aspects of the decentralized ecosystem. “We are thrilled to announce an upcoming alliance with Protofire. This pivotal collaboration will serve as a gateway for integrating top-tier blockcha...

Two US Senators Urge DoJ To Take ”Swift Action” Against Binance And Tether For Aiding Hamas

Two US Senators asked the US Department of Justice (DoJ) to take ”swift action” against Binance and Tether for aiding the militant group Hamas. “We strongly support swift action by the Department of Justice against Binance and Tether to choke off sources of funding to the terrorists currently targeting Israel,” wrote Lummis and Arkansas representative French Hill in an Oct. 26 letter to Attorney General Merrick Garland. Senators Want Binance ”Charging Decision” They urged the DoJ to conclude its investigation into Binance and to ”reach a charging decision” that reflects its “level of culpability” in illicit activities. When it comes to illicit finance, crypto is not the enemy – bad actors are. I sent a letter asking DOJ to finish its investigation and consider criminal charges against Binance and Tether after reports they served as intermediaries for Hamas and engaged in illicit activities. pic.twitter.com/M3KGNFkpW...

Golden Egg Wonderland Overview

Golden Egg Wonderland overview, a comprehensive thought about the platform’s story and how this blockchain game evolves in the industry. Golden Egg Wonderland commences with the tale of Turtlen, an artist renowned for his vivid depictions of birds, who yearned for a fowl that could lay a golden egg. To his amazement, one of his illustrations materialized into reality. Collect Golden NFT Eggs by Raising Your Own “Turtori” in this Game! Experience the thrill of raising your own “Turtori” in this exciting new game! With the ability to crossbreed, you can build up an impressive collection of these creatures. The higher the rarity and status of your Turtori, the greater the chance of laying a golden egg NFT. As an added bonus, these eggs can be redeemed for real-world equivalents. Each character in the game has been artistically crafted by Kamerian, a rising star in the art world. Getting Started with FRUITS: Setting Up Your Wallet To begin playing FRUITS, playe...

TokenPocket partners with Arken

TokenPocket partners with Arken Finance have been announced. The objective of this collaboration is to transform the cryptocurrency industry by improving accessibility and functionality for users on both platforms. Arken Finance is set to be integrated into TokenPocket’s Dapps Store, which will offer users direct access to a comprehensive range of DeFi tools and services. This integration will allow crypto enthusiasts to easily trade, invest, and engage with DeFi protocols without leaving the TokenPocket app. Two-Way Connectivity In a bid to further enhance user convenience and choice, TokenPocket will also be listed as one of the wallet options that users can connect to on Arken Finance. This seamless integration will enable Arken Finance users to manage their assets on TokenPocket securely and with ease. It is also expanding its options for secure asset storage. Enhanced User Convenience with Two-Way Connectivity To provide greater convenience and choice, Arken Finance will now ...

FTX Jets Worth Almost $30 Million May Be Seized

The US Department of Justice (DOJ) may seize two luxury jets owned by Sam Bankman-Fried’s FTX on grounds they were bought with the proceeds of fraud. The aircraft are a Bombardier Global and Embraer Legacy, according to a DoJ filing. Island Air Capital (IAC), which operates the jets, bought the Embraer for $12.5 million and the Bombardier for $15.9 million. The luxury jets are already at the center of an ownership conflict between the DOJ and FTX. IAC filed a motion with the US Bankruptcy Court for the District of Delaware on September 21 regarding the ownership of the jets. FTX And DOJ Battle Over SBF’s Luxury Jets In its filing, the IAC said the government believed SBF bought the two aircraft using fraudulent funds. FTX claims ownership, saying that the loans used to purchase the jets were not documented. The IAC seeks clarity on the jets’ ownership to know who will pay the costs for the ongoing repairs and inspections. The aviation company said that no one asso...

Sport Fans NFTs launches ahead of World Cup 2022 in Qatar

Sport Fans NFTs , a unique sports NFT project, has been launch ed to the public on Sunday, Aug 21st. The new one-of-its-kind sports NFT project will transform the way fans experience the game and provide a genuine alternative to several existing sports-related NFTs. The first tranche of NFTs is being released ahead of the World Cup 2022. “To start with, all our NFTs will be specifically minted for some of the major tournaments across different sports. And there is no way we would have missed the world’s most popular sporting event – The Football World Cup,” explains Mouttou Viramouttou, Co-founder & Chairman, Brugu Software Solutions, which has been instrumental in developing and promoting the project. For the World Cup 2022, Sport Fans NFTs has announced a total of 32,000 unique NFTs on the basis of a limited number of 1000 NFTs each for every team which has qualified for the tournament. The primary attraction of the project is that every Sport Fans NFT hol...

Tom Emmer Reintroduces Bill to Stop ‘Unelected Bureaucrats’ From Issuing A CBDC

Majority Whip Tom Emmer has reintroduced a bill to prevent ”unelected bureaucrats” from introducing a central bank digital currency (CBDC) that he says could be used for surveillance of the population. The legislation would prohibit the Federal Reserve Bank from issuing a CBDC directly to individuals, and thus from collecting their data. The updated bill, which is supported by 50 co-sponsors, was first filed in January 2022. “ If not designed to be open, permissionless, and private – emulating cash – a government-issued CBDC is nothing more than a CCP-style surveillance tool that would be used to undermine the American way of life,” he said, referring to the Chinese Communist Party. “I’m reintroducing my landmark legislation to put a check on unelected bureaucrats and ensure the United States’ digital currency policy upholds our values of privacy, individual sovereignty, and free-market competitiveness.” 🚨Today, ...

Kava partners with Celer cBridge to enable cross-chain asset transfers! Users can now bridge USDC, USDT, WETH, DAI, and WBTC between Ethereum and Kava quickly, securely, and at a super low cost!

Celer Network ($CELR) is a blockchain interoperability protocol founded in 2018 by Computer Science PhDs from prominent universities to serve the needs of a multi-chain world. Additionally, Celer Network develops core multi-chain technology. It also includes the State Guardian Network, Celer Inter-chain Messaging Framework (Celer IM), Bridge, as well as layer2.finance. Today, Celer Network has a strong global team pursuing mass adoption of blockchain. What is Celer cBridge Celer cBridge is a multi-chain network enabling instant, low-cost, and ANY-to-ANY value transfers for over 130 tokens. Within and across 720 bridges and 33 blockchains, including Ethereum, Avalanche, as well as Polkadot. Likewise with layer-2 scaling solutions such as Optimistic and ZK rollups. At over  $380M TVL , cBridge connectivity is a powerful addition to the Kava ecosystem. In partnering with Celer, the Kava Network continues to evolve into a more open, scalable, and optimized Layer-1 blockchain for Web3...

Online brokerage M1 Finance to Launch Crypto Trading Accounts

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M1 Finance is about to launch its crypto trading accounts and trading services, the firm said in an official statement on 11th July. The reason for the addition of this asset class is quite contradicting the popular perception that the excitement for crypto may be undergoing a decline, given the current market conditions. Brian Barnes, CEO of M1, pointed out that strong customer demand was the primary reason for the integration of cryptocurrencies onto their platform. Buy the Dip Now Your capital is at risk. More About M1 Finance The Chicago-based firm has been operational since 2015 and has more than $5 Billion worth of assets under management. They offer commission-free stock trading, exchange-traded funds and retirement accounts as part of their services. Brian Barnes said that “ The crypto market is still young and volatile; Bitcoin emerged just 13 years ago .” And while that is the case, the adoption of cryptocurrencies has been very prevalent in America. ...

China set to launch e-CNY payments for public transport

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China is making significant progress with its plans for a central bank digital currency (CBDC). The e-CNY is currently available in several Chinese cities. It can be accessed easily by citizens looking for an alternative way of paying for local buses and subways. China launches e-CNY payments for public transport Several local sources have confirmed that China has commenced the next phase of its CBDC pilot program. In Guangzhou city, it will be possible for people to pay for bus rises using the e-CNY on ten different transit routes. It is the first time that the country is doing this. To make these payments, passengers must download the e-CNT application, deposit funds , and scan the QR code on the bus payment section to make payments for the ride. Guangzhou is not the only city that is doing this. Ningbo also allows passengers to pay for bus rides at 125 stations using the CBDC. Ningbo is the ninth city in China that is rolling out pilot tests for the e-CNY. The Chinese go...

Nexus Mutual utilizes Chainlink Proof-of-Reserve to verify deposits on Maple Finance and integrates with Enzyme. Chainlink Proof of Reserve enables the reliable and timely monitoring of off-chain or cross-chain reserves using automated verification based on cryptographic truth.

The mutual is using Chainlink Proof of Reserve to track, verify, and report the price per share of interest-bearing tokens held in its Enzyme vault , which represents its deposit in lending protocol Maple Finance. Without Chainlink Proof of Reserve, its recent investment of 15,348 ETH into the  Maven 11  lending pool on Maple Finance would not have been possible. Accessing Yield Through Maple Finance via Enzyme Nexus Mutual is a member-driven community where anyone can join and share risks with others. Instead of relying on a centralized insurance company, users and projects can protect themselves against smart contract and technical risks, custodial risk, and validator slashing risk. Its members own the capital pool, which holds the assets the mutual uses to underwrite coverage. The capital pool grows when members buy cover, contribute ETH in exchange for NXM, and investment earnings accrue. Through investment allocations, Nexus is maximizing its returns and preserving capital ...

Report shows Cardano has outranked Bitcoin in top global brands

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Join Our Telegram channel to stay up to date on breaking news coverage Cardano, one of the leading blockchain developers, has secured the top spot in a new report looking into the intimacy of global brands . Cardano is now the 26 th largest among the 600 brands analyzed in the report. The blockchain developer is also holding the top spot in the cryptocurrency sector. Cardano outranks Bitcoin in top global brands MBLM, a brand relations company, released the report in question. The report said that brand intimacy referred to the emotional connection between different brands and how these brands can create a user base and audience. The MBLM agency has also said that the brands use artificial intelligence and big data to understand consumers’ relationships and work with leading global brands such as Apple, Disney, and Tesla. The agency also analyzed 19 industries, and the crypto sector was among the top-ten performers. While Cardano was taking the lead, Bitcoin was lagg...

This Hidden Bitcoin Price Signal May Have the Most Impact This Year

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Join Our Telegram channel to stay up to date on breaking news coverage In advance of Bitcoin‘s return to its 100-day moving average after a long break since late April, Bitcoin Tracking ETFs and blockchain funds are seeing green candles. The price of Bitcoin has now rallied 4.7% on Monday and is up 11.4% since the end of August, which has contributed to the rally in exchange traded funds. ETFs that hold Bitcoin futures contracts, and in some cases the shares of companies and other ETFs active in the cryptocurrency space are major beneficiaries of this positive growth. While Bitcoin ETFs don’t own Bitcoin because the Exchange Commissions are concerned about BTC being traded on unregulated crypto exchanges, talks are underway to include crypto-ETFs on the same scale as other ETFs. Buy Bitcoin Now Your Capital is at Risk. Why Bitcoin ETF’s ? In comparison to owning Bitcoin on a wallet or on cryptocurrency trading platforms, there are a number of reasons why ...

IBATUSD: Targets the $0.3000 Resistance Level

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Join Our Telegram channel to stay up to date on breaking news coverage Battle Infinity Price Prediction for Today, 21st of September: IBAT/USD will still go further if the current support at $0.002771 holds. The crypto’s price may continue its upside moves to reach a $0.3000 high level, provided the buyers increase their actions in the market. Key Levels: Resistance Levels: $0.004500, $0.004600, $0.004700 Support Levels: $0.002700, $0.002600, $0.002500 IBAT (USD) Long-term Trend: Bullish (1H) Analyzing the chart above, we can clearly see that IBATUSD is in a bullish market zone. The price currently trades above the EMA-9. This means that the coin is in an uptrend. Many investors can join the market at a lower price in order to capitalize on the future upward rally. The current price level now trades at the $0. 002877 supply level above the EMA-9 is an indication of upward momentum in the context of the strength of the market. Thus, a possible breakout from the curren...

Uniswap (UNIUSD) Price May Break Up $7.2 Level

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Join Our Telegram channel to stay up to date on breaking news coverage The bulls are taken over Uniswap market Uniswap Price Analysis – October 27 Further increase in the bulls’ momentum may break up the resistance level of $7.2, this may increase the Uniswap to $7.9 and $8.9 resistance levels . Failure from the bulls to break up the resistance level of $7.2, may decrease price to $6.7, $5.7 and $5. 1 price levels . UNI/USD Market Key Levels: Resistance levels: $7.2, $7.9, $8.9 Support levels: $6.7, $5.7, $5.1 UNI/USD Long-term Trend: Bullish Uniswap is bullish on the long-term outlook. UNISWAP price was rejected at the support level of $5.1 on 21 September. A candle pattern called bullish engulfing emerged at the same level just mentioned, which act as a signal to the traders that bulls are ready to push up the price. The price increases and tested the resistance level of $6.7. It penetrates the mentioned level and increasing slowly towards the resistance le...