Trust is key to mainstream adoption for stablecoins, says Paxos CEO

In order to go beyond the crypto ecosystem, stablecoins need solid regulations, Paxos CEO Charles Cascarilla said.

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StakeHound Loses Investors Private Keys, $72 Million Worth Of Ethereum Gone

StakeHound has announced that it is suing crypto-custody firm Fireblocks for the loss of 38,178 ETH that has been rendered inaccessible due to negligence of the company. The press release said that they had been informed of the incident on the 2nd of May 2021. дальше »

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I’m Putting My Billion In Bitcoin, Billionaire Ricardo Salinas

Billionaire Ricardo Salinas talked with the director of Blockchain Land about his investment in Bitcoin. Salinas has said that he has 10 percent of his assets in bitcoin. Salinas is a staunch believer in bitcoin. дальше »

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John McAfee Found Dead in Prison After Spanish Court Ruled in Favor of His Extradition to US

The Catalan justice department has reportedly confirmed that the antivirus tycoon John McAfee was found dead in prison in Barcelona. John McAfee, 75, was found dead in his prison cell in Barcelona, the Catalan justice department reportedly said, noting that everything points to death by suicide. дальше »

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NFT marketplace Rarible closes $14M fundraising round led by CoinFund

Rarible said it will use the funds to hire new team members, and announced the launch of a marketplace on the Flow blockchain.

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The Price of Graphics Cards Plummet in China After Bitcoin Mining Crackdown

Meanwhile, Nvidia Corp. continues to push for a chip just for cryptocurrency miners where the CEO said they “learned to move faster,” to prioritize its gamer customer base and immune themselves from the worst of any potential crash. дальше »

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US Senator Cynthia Lummis ‘Excited’ About Bitcoin’s Price Falling, Plans to Buy the Dip

U. S. Senator Cynthia Lummis said that she is “really excited” about the low price of bitcoin, and is planning to buy the dip. “As soon as it drops a little more I’m going to buy some more,” she said. дальше »

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Gianluigi Buffon’s first NFTs are coming thanks to new Charged Particles partnership

Non-fungible token (NFT) issuing protocol Charged Particles is partnering with SportsIcon to produce crypto-collectibles featuring legendary Italian goalkeeper Gianluigi ‘Gigi‘ Buffon, it said in a release shared with CryptoSlate. дальше »

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Bitwise Bought Half a Billion Bitcoin and ETH

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US Treasury Nominee: Preventing Crypto Money Laundering a Priority

The U.S. Treasury Department’s nominee for the head of terrorism and financial intelligence said in a confirmation hearing that he would focus on related regulation for cryptocurrencies. The post US Treasury Nominee: Preventing Crypto Money Laundering a Priority appeared first on BeInCrypto. дальше »

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Cardano’s Charles Hoskinson says Tether is a “faith based” crypto

Input Output Global CEO Charles Hoskinson said in a recent ask-me-anything (AMA) Tether relies on faith, rather than impartial systems, making it counter to cryptocurrency ideals. The post Cardano’s Charles Hoskinson says Tether is a “faith based” crypto appeared first on CryptoSlate. дальше »

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Chinese Bitcoin Mining Company Delivers Mining Machines to Kazakhstan

Major Chinese bitcoin mining company BIT Mining Limited said that it completed the delivery of the first batch of mining machines to Kazakhstan, with other batches following later. The move follows a series of crackdowns on bitcoin mining activities by the Chinese government. дальше »

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Strike Dumps Tether, Set To Partner With Banks for El Salvador Remittances

Mallers Says He No Longer Needs USDT Mallers revealed that his firm would be integrating with the top five banks and two biggest cashpoint distributors in El Salvador. He said the cashpoint stores would enable people to exchange cash for balances on a mobile app like Strike and vice versa. дальше »

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Mad Money’s Jim Cramer Dumps His Bitcoin Over China Mining Crackdown and Ransomware Concerns

Mad Money host Jim Cramer said he has sold almost all of his bitcoin. He cited the Chinese government’s crackdown on bitcoin mining and concerns over bitcoin’s role in ransomware attacks. дальше »

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Bank of Israel deputy governor confirms digital shekel pilot is underway

Despite the pilot, the central bank's deputy governor said he was apprehensive about launching a full-scale CBDC in Israel, and referred to Bitcoin as a "pyramid scam." дальше »

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Zebpay will join organization proposing regulatory framework for crypto in India

“Crypto exchanges want to be part of IndiaTech because we have moved the needle in the past few months on the narrative and perception of this industry," said Rameesh Kailasam. дальше »

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Malta Chamber of Commerce business unit responds to allegations of lax crypto oversight

“Portraying this sector as one which is not subject to adequate supervision is not a reflection of reality and does not do justice to the work and efforts of the MFSA and VFA Agents,” said the VFA Agents Business Unit. дальше »

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China’s Central Bank Orders Institutions To Block Crypto Transactions

The People’s Bank of China (PBOC) said on Monday it has ordered banks and payment institutions to crackdown on crypto. The move comes after the nation enforced a series of mining shutdowns, the latest of which took place in Sichuan. дальше »

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New World Bank Report: Nigeria’s Exchange Rate Policies Fueling Inflation, Affecting Food Prices

Nigeria’s use of multiple exchange rates regimes may have contributed to a rise in the country’s inflation rate, the latest World Bank report has said. In addition, the report says ongoing restrictions on the use and movement of foreign exchange are “further pushing up prices of food and agricultural inputs like fertilizer.” Misaligned Exchange Rates […] дальше »

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Former LA Dodgers owner earmarks $100M for blockchain-based social media

The use of blockchain could discourage bad behavior because people would be tied to their posts forever, Frank McCourt said.

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ECB Executive: Digital Euro Can Protect Privacy Better Than Private Alternatives

A member of the European Central Bank's (ECB) said in an interview that the digital euro is more capable of protecting privacy than private alternatives because it will not focus on the commercialization of data. дальше »

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Billionaire Steve Cohen: ‘I’m Doing a Deep Dive Into Crypto, I’m Fully Converted, I’m Not Missing This’

Billionaire investor and CEO of Point 72 Asset Management, Steve Cohen, says he is taking a deep dive into cryptocurrency. Emphasizing that he is “fully converted,” the billionaire said, “I’m not going to miss this. дальше »

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XRP Lawsuit effect? 'I hope that we can provide clarity in a few areas'

The question of Cryptocurrency regulations is now when and how. Treasury Secretary Janet Yellen and Securities and Exchange Commission Chair Gary Gensler said it's bound to be a major undertaking. дальше »

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Indian Rapper Raftaar to Be Paid in Cryptocurrency for Upcoming Performance in Canada

Indian rapper Raftaar is reportedly accepting cryptocurrency for his upcoming performance in Canada. “Nevertheless, I’ve finally taken the baby steps in this direction and all the credit goes to my manager, Ankit Khanna for making this dream a reality for me,” Raftaar said. дальше »

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Bitcoin Could ‘Very Well’ Surge Past $90,000 This Year, Crypto Investor Forecasts

Bitcoin, the world’s largest and most valuable cryptocurrency, could breach $90,000 over the coming months, American crypto pioneer Nick Spanos has said. On Thursday, Spanos, best known for founding Zap Protocol and the Bitcoin Center NYC (the world’s first physical Bitcoin exchange), said that he expects so-called crypto winters to pass by much more quickly […] дальше »

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Coinbase co-founder says people shouldn’t underestimate Dogecoin

Dogecoin’s history showed crypto why it’s haste to dismiss a good meme that could manifest into concrete progress, said Coinbase co-founder Fred Ehrsam in his interview with Emily Chang on a Bloomberg TV appearance. дальше »

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There’s “Significant Desire” for Crypto Among Investor says BBVA as it Launches Bitcoin Trading Service

Spain’s BBVA is launching a Bitcoin trading service for private banking clients in Switzerland interested in investing in crypto assets. BBVA said on Friday that the new business is launching on June 21. дальше »

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Calling the crypto space 'a very masculine area,' Mila Kunis launches NFT project

Following a deep dive, the actress said she found the crypto space to be "really empowering," which led to the creation of the Stoner Cats animation. дальше »

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Italian Prime Minister Mario Draghi Calls for More Stimulus and ‘Promptly’ for Pre-Pandemic Level Growth

ECB President Christine Lagarde agrees, she has said that it’s “too early” and “unnecessary” to discuss reducing stimulus. The post Italian Prime Minister Mario Draghi Calls for More Stimulus and ‘Promptly’ for Pre-Pandemic Level Growth first appeared on BitcoinExchangeGuide. дальше »

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Miami Mayor Tries to Entice China’s Bitcoin Miners — ‘We Want You to Be Here’

Miami’s Mayor Francis Suarez told the press on Thursday that his city was open to bitcoin miners from China who are flocking to find new homes. Suarez says he hasn’t actually talked to any miners from China but said he wants them to know the opportunity is there. дальше »

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Miami Mayor Wants To Entice Chinese Bitcoin Miners To Set Up Shop In Florida

Miami Mayor Francis Suarez said his city could offer cheap, nuclear energy to Chinese miners who face harsh regulation. дальше »

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Pro basketball league in Canada will offer players Bitcoin salaries

"The ability to have part of my salary go directly into an investment that I believe will appreciate greatly over the next 10-30 years is a no-brainer,” said Guelph Nighthawks guard Kimbal Mackenzie. дальше »

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Interoperability Project Ren Integrates With Solana, Adds Direct Bridge For Bitcoin

Ren, the team behind the interoperability blockchain project RenVM, has announced its integration with Solana with the launching of a bridge for Bitcoin and other assets. Ren Launches Bridge For Four Crypto Assets Announcing the integration in a blog post, Ren said it would be adding support for tokenized versions of Bitcoin and other assets […] The post Interoperability Project Ren Integrates With Solana, Adds Direct Bridge For Bitcoin first appeared on BitcoinExchangeGuide. дальше »

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Kraken could go public in 12 to 18 months, according to CEO

CEO Jesse Powell has said the exchange is “doing all the prep work” to… The post Kraken could go public in 12 to 18 months, according to CEO appeared first on Coin Journal. дальше »

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Paraguay to unveil Bitcoin legislations next month

Paraguay is set to unveil a crypto bill on the back of Bitcoin’s success story in El Salvador, a government official said this week. The post Paraguay to unveil Bitcoin legislations next month appeared first on CryptoSlate. дальше »

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Popular Chinese Investor Dismisses Warren Buffet’s Stance on Bitcoin, Says his Knowledge Is “Too Old”

Yan Yan, a Chinese investor with ties to the SoftBank Asia Investment, thinks Bitcoin is better than gold, and Warren Buffett’s knowledge of the currency is “too old.” Bitcoin is Better than Gold As per sources, Yan said he has been accumulating Bitcoin since 2015, banking on a global network suitable for the “rich andRead More дальше »

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Denmark’s largest bank cautious on crypto, but won't interfere

Danske Bank isn't completely sold on cryptocurrency but said it won't stop its customers from using its services in connection with crypto platforms. дальше »

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Rick and Morty creator joins Fox’s new $100 million NFT and blockchain effort

Dan Harmon, the man behind the world-famous mad scientist show Rick and Morty, has been signed on by Fox to create a new animated series that will be distributed using blockchain technology and advertise via nonfungible tokens (NFTs), entertainment site Hollywood Reporter said today. дальше »

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Senator Cynthia Lummis: I’m All In On Bitcoin

U. S. Senator Cynthia Lummis in an interview said she was all in on Bitcoin. The interview took place during the Bitcoin Conference earlier in the year in Miami. Senator Lummis is the first woman to be elected as a Wyoming senator. дальше »

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The official Algorand (ALGO) wallet is now fully open source

The official Algorand wallet is now open-source and its codebase has been made publicly accessible, the protocol said in a blog post today. The post The official Algorand (ALGO) wallet is now fully open source appeared first on CryptoSlate. дальше »

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Ric Edelman: Bitcoin the Most Impactful Innovation Since the Internet, But There’s A Problem

Founder of Edelman Financial Engines Ric Edelman says that many financial professionals do not understand Bitcoin and other cryptocurrencies. This is despite them being educated, in business for a long time, and having more experience in finance, he said. дальше »

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Hawaii had largest increase in demand for crypto out of US states this year

“Around 6% of the U.S. population now use or own crypto, and the trend is growing,” said the report.

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NASCAR driver opts for crypto payment in sponsorship deal

"There are a handful of pilots who like crypto, but I am probably one of the ones who has been around long enough and I am quite comfortable with how it works," said Landon Cassill. дальше »

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CEO Jesse Powell Says Kraken Exchange Could Go Public Next Year

Jesse Powell, Chief Executive Officer of crypto exchange Kraken, has confirmed that the firm plans to go public next year. In an interview with Bloomberg, Powell said the exchange's initial public offering (IPO) could happen anytime between 12 to 18 months. дальше »

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You can soon bet on Bitcoin’s dominance against other cryptos

A new product by crypto exchange Binance will soon allow traders to bet on Bitcoin’s increasing or decreasing share of the crypto market, it said in a release today. The post You can soon bet on Bitcoin’s dominance against other cryptos appeared first on CryptoSlate. дальше »

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Kyber Network To Launch On Polygon With $30 Million Liquidity Mining Program

Decentralized finance liquidity hub Kyber Network would expand to Ethereum layer 2 scaling solution Polygon network later this month. The Kyber community is said to have voted in favor of the move according to the Kyber Improvement Proposal for the expansion. дальше »

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World Bank Turns Down El Salvador’s Request to Help Execute Bitcoin Plans

The World Bank has said that it would not be able to assist the El Salvadoran government with its plans to officially make bitcoin the country’s second legal tender.  World Bank Not in Support of El Salvador’s Bitcoin Ambitions According to Reuters on Wednesday (June 16, 2021), the World Bank turned down El Salvador’s requestRead More дальше »

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Republican Campaign Arm Accepts Crypto Assets – Attempts to Pursue ‘Every Avenue to Stop Pelosi’s Socialist Agenda’

The House Republicans’ campaign arm said on Thursday that it will be accepting cryptocurrencies using the payment processor Bitpay. The National Republican Congressional Committee (NRCC) is a lobbyist organization aimed at supporting the election of Republicans to Congress, via direct financial contributions to candidates and the Republican Party. дальше »

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Bitcoin (BTC) miners in China plot plans to ‘go green’

Some of China’s storied Bitcoin miners are planning to use more renewable energy sources to power their expansive mining rigs, local outlet CGTN said today. The post Bitcoin (BTC) miners in China plot plans to ‘go green’ appeared first on CryptoSlate. дальше »

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Bloomberg Strategist On Why $100k BTC Price In 2021 Is Meager By Bitcoin Standards

Market conditions in 2021 are perfect for bitcoin to reach and surpass the $100,000 price level according to senior Commodity analyst at Bloomberg Intelligence Mike McGlone. McGlone, who has recently been predicting (on a consistent basis) a positive outlook for bitcoin and the entire crypto market said that key factors that support this analysis include last year’s […] дальше »

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