News
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Meta rivals Twitter: Will the crypto community embrace Meta’s Threads?
- July 7, 2023
- Posted by: [email protected]
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No CommentsThreads, Meta’s microblogging platform, emerged in response to Twitter’s recent difficulty with a daily post limit. The blog, which is closely related to Instagram, made its debut on July 6, 2023. Meta launched Threads on iOS and Android. Despite the seemingly opportune timing, Threads hasn’t generated much excitement within Twitter’s crypto community. Concerns have been
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Coinbase Executive helps recover $322K of lost cryptocurrency
- July 7, 2023
- Posted by: [email protected]
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Conor Grogan, a Coinbase executive, has successfully found and returned $322,000 in dormant Ethereum Classic (ETC) funds to their owner, who was utterly unaware of the fund’s existence. The remarkable turn of events took place late in the evening on July 5, providing a windfall for the fortunate cryptocurrency investor. Grogan took to Twitter to
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TON Blockchain Launches On-Chain Encrypted Messaging Feature
- July 6, 2023
- Posted by: [email protected]
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TON Foundation, the developer behind the Open Network (TON), has recently unveiled a new encrypted messaging feature on the blockchain. This announcement, made on July 3, highlights the ability for TON users to send private messages securely within the network. Originally derived from the Telegram instant messaging app, TON is a blockchain network that underwent
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BlackRock’s latest Bitcoin ETF filing reveals surveillance-sharing partnership with Coinbase
- July 6, 2023
- Posted by: [email protected]
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In its most recent filing, Bitcoin asset manager BlackRock incorporated a “surveillance-sharing agreement” with Coinbase, a leading cryptocurrency exchange, in its ongoing bid to launch a spot Bitcoin exchange-traded fund (ETF). The document, which was submitted to the US Securities and Exchange Commission (SEC) on June 29, requested that the Nasdaq stock exchange amend its
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Chinese city of Jinan implements CBDC payments for bus rides
- July 5, 2023
- Posted by: [email protected]
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Jinan, the capital of China’s Shandong Province, is taking significant steps towards the adoption of the country’s central bank digital currency (CBDC). The city has recently introduced digital yuan payments across its entire bus network, signaling its commitment to promoting the use of CBDCs. Initially, Jinan conducted a pilot program on two bus lines to
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Advocates call for Hong Kong’s government stablecoin to compete with Tether and USD Coin
- July 5, 2023
- Posted by: [email protected]
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Crypto and blockchain advocates have published a report urging the Hong Kong government to issue a stablecoin tied to the region’s dollar. This move is seen as a potential challenge to the dominance of Tether and USD Coin in the stablecoin market. The report, co-authored by four individuals associated with financial innovation, suggests the creation
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Celsius Network allows debtors to swap altcoins for Bitcoin or Ethereum
- July 4, 2023
- Posted by: [email protected]
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The United States Bankruptcy Court for the Southern District of New York has granted Celsius debtors the right to trade their cryptocurrencies for Bitcoin or Ethereum, which is a significant milestone. This ruling, delivered on June 30th by bankruptcy judge Martin Glenn, attempts to expedite the upcoming distribution of funds to creditors. The approval for
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Dior integrates blockchain for its new exclusive sneakers collection
- July 3, 2023
- Posted by: [email protected]
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As part of their Men’s Fall 2023 collection, French luxury fashion brand Dior has created a new range of men’s sneakers powered by Ethereum blockchain to offer a matching non-fungible token (NFT) as a unique feature. According to a recent tweet from the fashion brand, these beautiful shoes, known as the B33 sneakers, were designed
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Cryptocurrency Gaming: a transparent, fair, and potentially profitable gaming experience
- July 3, 2023
- Posted by: [email protected]
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Cryptocurrency gaming represents a groundbreaking intersection of two innovative industries – blockchain technology and online gaming. This burgeoning field leverages the decentralization, security, and smart contract functionality of cryptocurrencies to offer players a transparent, fair, and potentially profitable gaming experience. Whether it’s in-game currencies, tokenized assets, or reward systems, cryptocurrency gaming opens up a new
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FTX CEO engages with potential investors for company reboot
- July 1, 2023
- Posted by: [email protected]
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In a move towards potential revival, FTX, a bankrupt cryptocurrency exchange, is undergoing discussions with interested parties to finance its relaunch. According to The Wall Street Journal on June 28, the company’s restructuring chief, John Ray, has begun the process of seeking new investors for the relaunch of the FTX.com exchange. Sources familiar with the