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August 2022

Korean Regulator Takes Action Against 16 Foreign Crypto Exchanges

Leave a Comment / Cryptocurrency, Regulation /

The South Korean financial intelligence unit is taking action against 16 foreign cryptocurrency exchanges for operating illegally in the country. “For illegal business activities of unregistered entities, maximum of 5 years of imprisonment or up to KRW 50 million of fines can be imposed,” the regulator said. 16 Foreign Crypto Exchanges Flagged by South Korean […]

Korean Regulator Takes Action Against 16 Foreign Crypto Exchanges Read More »

Ethereum Outperformed Bitcoin Since June Bottom, Up by Nearly 100%

Ethereum Outperformed Bitcoin Since June Bottom, Up by Nearly 100%

Leave a Comment / Ethereum News /

Ethereum (ETH) has scaled heights more than Bitcoin (BTC) since they both hit 2-year lows in June. On June 19, BTC nosedived to $17,601, whereas ETH dropped to $880.93 as more bloodbath engulfed the crypto market. At the time, the Federal Reserve (Fed) news about interest rate hikes was still ripe, which bearishly impacted cryptocurrencies.

Ethereum Outperformed Bitcoin Since June Bottom, Up by Nearly 100% Read More »

NFTs democratize music industry and redistribute song rights

NFTs democratize music industry and redistribute song rights

Leave a Comment / NFTs /

EDM artist R3HAB and music community anotherblock are using NFTs to share song royalties with everyone involved in the process of launching a song — including fans. The music industry continues to find inventive ways to integrate decentralized technology into new releases to benefit both artists and their fans. Electronic dance music (EDM) artist R3HAB and blockchain-based

NFTs democratize music industry and redistribute song rights Read More »

TWO OF UKRAINE’S LARGEST TECH RETAILERS NOW ACCEPT BITCOIN

Leave a Comment / Bitcoin News /

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. Two of Ukraine’s largest tech retailers now accept bitcoin as payment for goods and services. Whitepay is providing the necessary payments infrastructure enabling in-store and online purchases. Ukrainian demand for

TWO OF UKRAINE’S LARGEST TECH RETAILERS NOW ACCEPT BITCOIN Read More »

YouTube removes video by Tesla investors using kids in FSD Beta test

YouTube removes video by Tesla investors using kids in FSD Beta test

Leave a Comment / Business /

KEY POINTS The tests were to determine if a slow-moving Tesla equipped with the company’s latest driver assistance systems would automatically avoid colliding with pedestrians. The driver in the test, Tad Park, explained that the car was never traveling more than eight miles an hour and that he was ready to take over at any

YouTube removes video by Tesla investors using kids in FSD Beta test Read More »

Gemini Launches Crypto Staking Service in US, Singapore, Hong Kong

Gemini Launches Crypto Staking Service in US, Singapore, Hong Kong

Leave a Comment / Blockchain News /

Gemini, a major cryptocurrency exchange headquartered in New York, announced on Thursday that it launched a staking program called “Gemini Staking”, which allows customers to lock up their assets within their accounts and earn rewards or interest. The program enables investors to seamlessly stake any crypto amount without fees and receive staking rewards in their

Gemini Launches Crypto Staking Service in US, Singapore, Hong Kong Read More »

Top 10 PoW Dominance Evaporates 9 Years Later, Only Two Proof-of-Work Coins Will Remain After The Merge

Top 10 PoW Dominance Evaporates 9 Years Later, Only Two Proof-of-Work Coins Will Remain After The Merge

Leave a Comment / Bitcoin News, Top Alt Coin News /

The crypto community is patiently waiting for the highly anticipated Ethereum network upgrade from proof-of-work (PoW) to proof-of-stake (PoS) as The Merge is expected to happen 27 days from now. After Ethereum transitions from PoW to PoS, only two crypto assets in the top ten market cap rankings will be PoW tokens, which is a

Top 10 PoW Dominance Evaporates 9 Years Later, Only Two Proof-of-Work Coins Will Remain After The Merge Read More »

Many Bored Ape NFTs Are in Danger of Getting Liquidated as Borrowed Money Comes Back to Bite

Many Bored Ape NFTs Are in Danger of Getting Liquidated as Borrowed Money Comes Back to Bite

Leave a Comment / NFTs /

The NFT lending platform BendDAO has collateralized almost 3% of the entire Bored Ape collection, and many NFTs have recently entered the “danger zone” of liquidation. Dozens of Bored Ape Yacht Club non-fungible tokens (NFT) purchased with borrowed money sit perilously close to being forcibly sold, and there’s worry that could trigger even more liquidations.

Many Bored Ape NFTs Are in Danger of Getting Liquidated as Borrowed Money Comes Back to Bite Read More »

The economy may look like it’s in recession, but we still don’t know for sure

The economy may look like it’s in recession, but we still don’t know for sure

Leave a Comment / Hot News /

The second-quarter GDP report brought the economy in line with a common definition of recession. But we won’t know for sure if it officially is declared one at least for months. That’s because the official arbiter in such matters is the Business Cycle Dating Committee of the National Bureau of Economic Research, and it doesn’t use

The economy may look like it’s in recession, but we still don’t know for sure Read More »

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