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Bitcoin (BTC)
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The Continual Power Of Intermittent Bitcoin Mining.
Bitcoin mining operations are finding profitable ways to power up and down intermittently to match their energy sources. origin »
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Facebook Lets Its Algorithm To Decide – The Result? 60 Employees Are Fired!.
Facebook is the latest major technology corporation to initiate mass layoffs, randomly selecting 60 contractual staff using an algorithm. The displaced contractors at Accenture’s Austin, Texas headquarters were informed of the decision in a Tuesday video call and were not provided a clear explanation as to why they will lose their positions, Business Insider reported […] origin »
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Ripple and Travelex partner up to launch crypto payments in Brazil.
Crypto technology firm Ripple and Latin American Bank Travelex inked a new partnership on August 18 to spread instant cross-border crypto payments in Brazil using Ripple’s On-Demand Liquidity (ODL) solution. origin »
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Bitcoin Is Too "Cheap," Euro and U.S. Dollar Are on Their Way up: Crypto Market Review, August 18.
Bitcoin's value is lagging behind adoption, while meme currencies are showing better performance than "serious projects" origin »
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‘Programmable money should terrify you’ — Layah Heilpern.
The comments come as Layah Heilpern believes CBDCs will give rise to government enforced censorship which will prevent residents from transacting how they wish. origin »
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South Korea to block 16 unregistered foreign crypto exchanges.
South Korea’s Financial Services Commission (FSC) reported 16 foreign crypto exchanges to investigative agencies for violating the Specific Financial Information Act, news1 reported on August 18. origin »
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Blood On The Streets As Crypto Market Liquidations Cross $600 Million.
Liquidations across the crypto market have quickly added up in the last day. Bitcoin had dropped below $22,000, triggering rapid losses for traders. These traders had obviously been following the recent bullish trend in the market but are now paying dearly for it. origin »
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Ethereum Plunges Below $1,700 As The Merge Draws Mixed Reactions.
With less than a month to go before Ethereum transitions from a Proof-of-Work to a Proof-of-Stake blockchain, the crypto community is increasingly divided on the biggest structural shift in crypto history. origin »
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Staked Ethereum Hits New All-Time Highs Following The Upgrade.
Ethereum was formerly developed as a PoW blockchain. However, it’s been planning to transition to PoS through an upgrade tagged the merge. The process, which has different phases, is almost getting to completion as the date for the merge draws closer. origin »
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‘Consumer Business Is Dead’ for Crypto Lender Celsius, Bankruptcy Expert Says.
Thomas Braziel, partner at investment firm 507 Capital, joined CoinDesk TV’s “First Mover” to discuss Celsius Network and why its relationship with customers could be over. origin »
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Crypto Market Remains Threat to Global Industries As Users Are Expected To Hit 1 Billion by 2030.
Cardano's sentiments are steadily building up. In the absence of perturbing events, the Cardano community appears to be the most optimistic of the bunch. origin »
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US Tribal Nation Economic Zone Publishes Draft Rules for DAOs.
The Catawba Digital Economic Zone proposes laws that would allow DAOs to be organized as limited liability companies or unincorporated non-profits. origin »
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REX – A new kind of blockchain investment optimized to create passive income.
Time-based investments and bonding financial tools have been around for many years in the Traditional Finance (TradFi) world and have recently made their way onto blockchains, replacing centralized banking institutions with decentralized code-based protocols. origin »
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Crypto Juggernaut Founder Labels Meta And Microsoft As ‘Digital Dictatorships’.
The crypto market has shed more than $2 trillion of its value since November last year. As a safeguard against the market’s heightened volatility, a number of investors and traders opted to remain in the backseat. origin »
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US lawmakers appeal directly to 4 mining firms, requesting info on energy consumption.
Four members of the U.S. House Committee on Energy and Commerce said they were “deeply concerned” that proof-of-work mining could increase demand for fossil fuels. origin »
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New Deal Allows Australians to Make Use of Digital Payments.
Crypto.com and Australian fintech company DataMesh announced the first scalable payments solution under a new partnership to allow everyday payments via crypto. The post New Deal Allows Australians to Make Use of Digital Payments appeared first on BeInCrypto. origin »
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CME Group Adds to Crypto Offerings With Ether Options.
CME's latest launch will allow traders to make bets and manage risk ahead of the Merge. origin »
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Buzz Over Potential Ethereum Hard Fork Token Fizzles as Price Tanks.
Crypto traders’ appetite to speculate on the potential Ethereum hard fork remains muted on exchanges that listed ETHPOW. origin »
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Crypto Exchange Gemini Offering Staking Support for Investors.
The company hopes to capitalize on rising user interest ahead of Ethereum’s upcoming shift to a proof-of-stake model. origin »
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Godfather of Crypto expresses concerns over current state of blockchain privacy.
The crypto industry is often referred to as being in its infancy with the “we’re still early” meme popular within the community. The post Godfather of Crypto expresses concerns over current state of blockchain privacy appeared first on CryptoSlate. origin »
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Bear Market: It’s Here, So Let’s Get To Work On The Metaverse.
Bear market: Those who wait until the crypto winter has thawed to build the Metaverse will be late to the game. The post Bear Market: It’s Here, So Let’s Get To Work On The Metaverse appeared first on BeInCrypto. origin »
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Helium Developer Nova Labs Buys FreedomFi to Accelerate Push Into Mobile Service.
As part of the acquisition, FreedomFi team members will join Nova Labs to lead the future expansion of the network in the mobile space. origin »
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Cardano Reaches Bullish Milestone In Positive Sentiments — Where Is ADA Price Headed Next?.
Cardano's sentiments are steadily building up. In the absence of perturbing events, the Cardano community appears to be the most optimistic of the bunch. origin »
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South Korea Threatens 16 Unregistered Crypto Exchanges With Fines, Imprisonment.
The unregistered crypto exchanges face up to five years in prison or fines of approximately $37,000 with a ban on future registration in South Korea. Korea Cracks Down on Unregistered... origin »
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Ontario Exchanges Impose CA$30,000 Annual Buy Limit on Altcoins.
Canadian cryptocurrency platforms Newton and Bitbuy are enforcing an annual buy limit of CA$30,000 on most altcoins for users in Ontario. The post Ontario Exchanges Impose CA$30,000 Annual Buy Limit on Altcoins appeared first on BeInCrypto. origin »
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Google Is Putting Big Money Into Crypto Companies And Startups.
Alphabet Inc., one of the world's largest conglomerate companies, appears to be investing more in blockchain than the crypto community realizes. origin »
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Bankrupt Crypto Lender Celsius Now Says It Likely Has Enough Cash to Last Through End of Year.
The company’s CFO testified the company will receive additional funds in maturing loans and sales and use tax savings in a bankruptcy hearing with creditors. origin »
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El Salvador’s US Ambassador credits Bitcoin with reversal of social decline.
In a recent tweet, El Salvador’s Ambassador to the United States, Milena Mayorga, said the country is undergoing a turnaround in social fortunes. The post El Salvador’s US Ambassador credits Bitcoin with reversal of social decline appeared first on CryptoSlate. origin »
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US Catawba Digital Economic Zone Proposes Recognizing DAOs As Non-Profits or LLCs.
A United States Tribal Nation Economic Zone has drafted new regulation for DAOs. The draft proposes recognizing DAOs as unincorporated non-profit associations or limited liability companies. The post US Catawba Digital Economic Zone Proposes Recognizing DAOs As Non-Profits or LLCs appeared first on BeInCrypto. origin »
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Celsius Bankruptcy Case Requires Independent Examiner Says US Trustee Office.
The United States Trustee Office has asked for an independent probe of Celsius in the bankruptcy case to ensure transparency of Celsius’ finances and operations. The post Celsius Bankruptcy Case Requires Independent Examiner Says US Trustee Office appeared first on BeInCrypto. origin »
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‘Web2.7’ More Likely to Happen than the Complete ‘Chaos’ that Is Web3, Randi Zuckerberg Believes .
Randi Zuckerberg, the founder and CEO of the Zuckerberg Media production company believes that Web3 is not as close as many may think. The post ‘Web2.7’ More Likely to Happen than the Complete ‘Chaos’ that Is Web3, Randi Zuckerberg Believes appeared first on BeInCrypto. origin »
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Decentralized Insurance Built on the Blockchain is a Game Changer.
Decentralized insurance built on a transparent, blazingly fast, and efficient blockchain with the community in mind is something to think about. The post Decentralized Insurance Built on the Blockchain is a Game Changer appeared first on BeInCrypto. origin »
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Ethereum Price Slides As Staked Token Reaches New ATH Ahead Of Hyped Merge.
Despite changes in the asset’s price, Ethereum is steadily adding to the ETH 2. 0 staking contract. According to the development team, this occurs about a month before the Merge is scheduled to occur. origin »
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A sharp drop in TVL and DApp use preceded Avalanche’s (AVAX) 16% correction.
AVAX price gave up recent gains after correcting by 16% and the network’s declining TVL and DApp use suggest that the protocol is losing ground versus its competitors. origin »
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Bitcoin Tumbles As Fed Opts For Restrictive Rates.
The price trend for Bitcoin seems to be moving with the set rates of the US Federal Reserve. BTC plunged shortly after the Federal Reserve’s July meeting. However, from the minutes released on Wednesday, August 17, policymakers had discussed more interest rate hikes to fight inflation. origin »
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Solana (SOL) Falls After Deviating Above Resistance.
Solana (SOL) is trading close to the support line of a corrective pattern, a breakdown below which could greatly accelerate the rate of decrease. The post Solana (SOL) Falls After Deviating Above Resistance appeared first on BeInCrypto. origin »
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Tether Hires New Top Five Accounting Firm for Reserve Attestations.
Tether said that it would also begin releasing attestations on a monthly instead of a quarterly basis. Tether Boasts New Accounting Firm Partnership Tethers attestations will now be conducted by... origin »
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The Nexo Booster is bringing leverage trading to Nexo.
Nexo, a leading cryptocurrency lending platform and exchange, has introduced a new feature on its platform — the Nexo Booster. The post The Nexo Booster is bringing leverage trading to Nexo appeared first on CryptoSlate. origin »
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HUSD Stablecoin Returns to $1 Peg After Liquidity Problems.
The HUSD stablecoin, which is issued by Stable Universal, has returned to its $1 peg after suffering "liquidity problems" in relation to a closed market maker account. origin »
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First Mover Americas: Fear Returns to Crypto Markets as Bitcoin Plunges Most in 2 Months.
The latest price moves in bitcoin (BTC) and crypto markets in context for August 19, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. origin »
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Two Of Ukraine’s Largest Tech Retailers Now Accept Bitcoin.
Ukrainian tech retailers Techno Їzhak and Stylus now accept bitcoin online and in-store as demand for bitcoin as a daily currency grows amid war efforts. origin »
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Research: Gold’s value fell amid war, record inflation and potential recession – is Bitcoin a better hedge?.
Gold has long been considered the ideal hedge against inflation for a long time. The post Research: Gold’s value fell amid war, record inflation and potential recession – is Bitcoin a better hedge? appeared first on CryptoSlate. origin »
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Top tokens that will get you into GameFi in August.
ApeCoin (APE/USD), Decentraland (MANA/USD), and The Sandbox (SAND/USD) are some of the best GameFi tokens that you can get on August 19. On August 18, 2022, Rarible shared its proposal of creating an ApeCoin marketplace with 0% fees built by Rarible. origin »
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The case against BlackRock’s foray into Bitcoin.
Bitcoin (BTC) received a much-needed boost when BlackRock, the world’s largest asset manager, announced its partnership with Coinbase to offer institutional clients access to BTC. The post The case against BlackRock’s foray into Bitcoin appeared first on CryptoSlate. origin »
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SPELL up as Binance Loans adds token to collateral assets.
Spell (SPELL/USD) is up more than 12% in the past 24 hours to currently trade at $0. 0016. The gains have pushed the SPELL token up by 54% this past two weeks, and +46% in the past 30 days. SPELL, which hit an all-time high of $0. origin »
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First Mover Americas: Fifth Day of Declining Bitcoin Price Has Some Traders Looking Out Below.
The latest price moves in bitcoin (BTC) and crypto markets in context for August 18, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. origin »
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Ethereum’s Merge Will Increase Its Use Cases and Drive Its Investment Narrative.
More efficiencies and scalability solutions could make Ethereum a more attractive platform to build on and invest in. origin »
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South Africa's Central Bank Greenlights Financial Institutions to Serve Crypto Clients.
The central bank warned against the "wholesale" banning of clients over risk after a number of local banks moved to terminate services to crypto exchanges and other intermediaries in previous years. origin »
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Pro: Bitcoin’s region of maximum pressure likely in the $10K-$14.5K range.
On-chain analyst Cauê Oliveira says benchmark cryptocurrency Bitcoin (BTC/USD) could see “maximum pressure” later in the year, highlighting the region around $14,500-$10,000 as the likely bottom for the 2022 bear market. origin »
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