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October 2022

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India’s Central Bank Plans to Launch Digital Rupee CBDC

The Reserve Bank of India (RBI) will soon launch pilot tests for its upcoming digital rupee in a bid to increase awareness around its Central Bank Digital Currency (CBDC). The country’s central bank announced the news on Friday, detailing that the digital rupee will be available for specific use cases during the pilot. In a statement, the […]

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Has Proof of Stake Made Ethereum More Centralized?

Has the move to proof of stake made Ethereum more centralized and censorship-prone? With its shift from proof of work to proof of stake last month, Ethereum now relies on validators, not miners, to add new transactions to the network. Those validators get to decide what transactions go into each block and in what order. Although that’s already lowered

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OpenSea CFO Joins Crypto Executives Exodus, Leaves Position

In Brief OpenSea’s CFO Brian Roberts resigns position. The NFT trading platform has seen its sales volume decline rapidly. Several crypto top executives have left their positions in light of the recent bear market OpenSea Chief Financial Officer Brian Roberts has resigned ten months after assuming the position and will remain an advisor for the company.

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Dow Jones is now officially more volatile than Bitcoin

In recent months, Bitcoin (BTC) has traded in tandem with stocks, with both asset classes battling prevailing macroeconomic factors led by skyrocketing inflation and interest rate hikes. However, Bitcoin’s volatility appears to cool down compared to traditional stocks as the flagship crypto shows signs of decoupling from equities. In particular, as of October 7, the Dow Jones index

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How to mint an NFT on Solana SolSea?

Solana SolSea is an alternative to well-established NFT marketplaces like OpenSea. It is more appealing to NFT creators, with low costs, speed and a friendly interface. HOW TO CRYPTO   The allure of nonfungible tokens (NFTs) has been growing in popularity recently, and for a good reason. Nonfungible tokens are a new form of asset that can

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L2 Wars: The Competition for Top Layer-Two Scaling Solutions on Ethereum

This article will explain how ZK-Rollups technology has the potential to revolutionize decentralized finance (DeFi), address common problems in the landscape, and make a case for future derivatives trading. The Merge is finally here Last week, we saw a significant shift in crypto’s history, with Ethereum (ETH) completing their software update called The Merge. The update is expected to spur

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Macro Guru Raoul Pal Reveals Bullish Outlook on XRP, Says He’s Invested in Two DeFi Crypto Projects

Macro expert and former Goldman Sachs executive Raoul Pal says he’s bullish on XRP and believes the case against Ripple will be resolved in favor of the San Francisco payments company. In a new Real Vision Finance video, Pal explains his current stance on the sixth-largest crypto asset by market cap. “I’m long a bit. I think

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Moody’s executives say new EU MiCA regulations could unleash stablecoin innovation

QUICK TAKE Moody’s executives explained new European regulatory guidelines in an exclusive interview with The Block. The new rules could potentially boost stablecoin innovation in the EU, according to Moody’s Global Head of DeFi and Digital Assets Fabian Astic. Restrictions in new EU regulations could potentially serve as a booster to stablecoin innovations in Europe,

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Is Bitcoin an inflation hedge? Why BTC hasn’t faired well with peak inflation

Bitcoin’s status as an inflation hedge has come under scrutiny in the current market, but experts point toward the exceptional market conditions. ANALYSIS   Bitcoin has been projected as many things since its inception in 2009. However, the most talked about aspects have been a fungible form of future money and an inflation hedge. The

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Dapper Labs Reveals Restrictions for Russians Due to EU Sanctions, Users React

In Brief Dapper Labs has suspended payment services for NFT owners in Russia The firm says its decision is tied to the new wave of EU’s sanctions on the country. Reports have revealed that pro-Russian groups have raised roughly $4 million through crypto. Leading Non-fungible token firm Dapper Labs has stopped payment services for NFT owners in

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