Monthly Archives: November 2021

Politicians Across The World Advocate For Bitcoin As The Benefits Become Obvious

It seems that it’s becoming a trend for politicians to espouse the benefits of bitcoin — and that’s not a bad thing! The Week Of Political Advocates This week turned out to be rather interesting as politicians across the world sent out pro-bitcoin sentiments with the biggest step being mayors across the U.S. planning on receiving their salaries in bitcoin. Despite all that, bitcoin has remained relatively steady and appears prime to start the next leg of its bull run. Here’s what happened this week in bitcoin: […]

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Altcoin Roundup: 3 blockchain protocols taking the supply chain crisis head-on

Supply chain issues continue to make global headlines on a daily basis. Here’s three projects that are using blockchain technology to provide solutions. The world of blockchain technology has undergone a significant transformation over the past decade as the concept evolved from offering a simple means of exchange between two parties to a sprawling ecosystem full of protocols with real-world applications ranging from decentralized finance to one-of-a-kind digital art.  One sector of the market that has been gaining traction as of late while the global just-in-time delivery […]

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Metaverse Tokens See Triple-Digit 7 Day Gains, Crypto Market Cap Inches Toward $3 Trillion

While bitcoin has been consolidating for a few days now, a number of other digital assets have seen solid seven-day gains. The two metaverse tokens sandbox and decentraland have skyrocketed over 170% during the last week. Crypto assets like loopring, crypto.com coin, and arweave have spiked in value more than 66% and up to 169% this week as well. Sandbox, Decentraland, Loopring See Triple-Digit Gains This Week The price of bitcoin (BTC) has consolidated above the $60K zone for a while now and market performance this week […]

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Draft Bill Seeks To Allow Brazilian Workers to Be Paid in Bitcoin

The bill seeks to change the current law that dictates Brazilian workers can only be paid with the national currency. A draft bill seeking to allow Brazilian workers to be paid in bitcoin was presented to the country’s Deputies Chamber on November 5. The author, deputy Luizão Goulart (REPUBLIC-PR), shared the natural evolution of money as a cause for his proposal. “Money was one of the greatest creations in the history of humanity,” per the draft bill. “It allowed us to rise from a primitive barter-based society […]

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Risk monitoring firm Solidus Labs completes $15M strategic round

In total, the market surveillance company has raised $35M in the last six months. Market surveillance firm Solidus Labs completed a $15 million strategic round led by Liberty City Ventures on Friday. GSR and Exor Seeds also participated in the financing. This follows the company’s $20 million Series A that concluded in May. Solidus’ investors also include former CFTC Chair Christopher Giancarlo and former SEC commissioner Troy Paredes.  The company hired former CFPB Director Kathy Kraninger as it’s VP of Regulatory affairs in July. Solidus CEO Asaf […]

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Enegra migrates digitized equity tokens from Ethereum to Polygon blockchain

The firm selected the Polygon blockchain for its low transaction fees and fast transaction time. Enegra Group, a commodities trading firm based in Malaysia with a net asset value of $28 billion, has migrated its equity-tied EGX security tokens to the Polygon (MATIC) blockchain from Ethereum (ETH). In 2019, Energra tokenized 100% of its equity, enabling shareholders to digitally exercise their dividend, voting and governance rights. Both the initial tokenization and token migration were facilitated by Tokeny, an asset tokenization and compliance infrastructure provider. Matthew Averay, managing director […]

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Acting CoC Hsu: More crypto regulation is needed

The regulator singled out Binance and Tether as allegedly risky players in the blockchain space. In remarks given at the American Fintech Council’s 2021 Policy Summit, acting Comptroller of the Currency Michael J. Hsu called for greater regulation of universal crypto firms. “Large, universal crypto firms—especially issuers of highly-circulated stablecoins—should embrace comprehensive, consolidated supervision. At the same time, federal and state bank regulators should prioritize the development of policies, staff and supervisory approaches to bring such firms safely into the bank regulatory perimeter. This would clearly differentiate […]

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Cosmoverse Conference 2021 kicks off in Lisbon

The event connects ATOM stakeholders, developers and enthusiasts from all over the world with the latest developments on the Cosmos blockchain. The team behind interoperable blockchain network Cosmos (ATOM) recently hosted the Cosmoverse Conference live from Lisbon, Portugal. ‍‍Cosmonauts,#Cosmoverse it’s LIVE! This event is 100% from the community to the community, and we are proud to have our Cosmos Hub Community Pool as the main sponsor! Tune now to the livestream and prepare yourself to dive into cosmos’s wondershttps://t.co/OzyD3bSdqB pic.twitter.com/QFXHu5l3B6 — Cosmos – Internet of Blockchains ⚛️ […]

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Bitcoin’s consolidation is ‘normal’ — Analysts set $80K BTC price target

BTC’s sideways price action has pushed some traders into altcoins, but analysts are confident that the next breakout will push Bitcoin price above $80,000. Bitcoin (BTC) bulls are still hoping for a major breakout but at the moment, bears are applying pressure and keeping the digital asset pinned below $61,000.  Data from Cointelegraph Markets Pro and TradingView shows that an early morning breakout by bulls to make a run above $62,000 was met with a strong defensive line from the bears who handily rejected the attempt. BTC/USDT […]

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CoinMarketCap Updates and Verifies TON Crystal Listing; TON Now Among Top 5% of Assets by Market Cap

CoinMarketCap, the leading authority on real-time cryptocurrency prices and data, has just updated and verified its TON Crystal (TON) listing. Now TON, the native token of the FreeTON blockchain, ranks among the top 5% of cryptocurrencies by market cap. This has been a year of remarkable development for the FreeTON project. The project started when Telegram was forced to halt the plans it had for launching its own TON blockchain network and associated token. Instead of letting the network go to the wayside, a community of people […]

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