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The year 2021 has been a year of endless new cryptocurrencies coming into play for the online financial market. The latest one? $MUSK. It has gained traction in the crypto community recently. Why are the community interested in $MUSK? Firstly, it should be asked why the name $MUSK. $MUSK is
While several altcoins have recorded slight inflows since the beginning of July, Bitcoin will be closing its second consecutive week with significant outflows. According to data from CoinShares, Bitcoin products and funds have witnessed $15 million worth of outflows since the beginning of July. 0 / @CoinSharesCo posts Digital Asset Fund
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Blockchain is unquestionably the technology of the future, as evidenced by numerous industries leveraging blockchain to improve and scale in the last decade. The finance industry has benefited greatly from this, with DeFi (Decentralized Finance) introducing new and limitless possibilities in the financial space. Blockchain technology has also been used
One of the largest financial institutions in South Korea, Woori Financial Group, will soon start offering its customers cryptocurrency custody service through a project known as D-Custody. The initiative was launched in collaboration with Coinplug, one of the earliest Bitcoin exchanges in South Korea and a blockchain financial services provider.
America’s largest bank, JPMorgan, has gone on a hiring spree for top blockchain talents for its blockchain division Onyx. The U.S. investment bank, which launched its commercialized blockchain service a few months ago, is seeking to fill positions across its auditing, marketing, and engineering departments, according to several
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Ethereum co-founder Anthony Di Lorio has revealed that he would be quitting the cryptocurrency world. According to a Bloomberg report, the crypto entrepreneur mentioned growing security concerns as one of the reasons why he was exiting the digital currency industry. He said: It’s got a risk profile that I
Over 1,000 Bitcoin mining rigs have been confiscated and destroyed by the Malaysian Police. Interestingly, instead of employing an orthodox method to destroy the machines, the officers opted to run over the seized ASIC miners with a steamroller. According to the Malaysian newspaper Dayak Daily, the mining rigs were
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ZooTrade, one of the most advanced trading platforms on Fantom DeFi, adds ATRI token to provide the community on Fantom with a simplistic and easy acquiring ATRI token. Atari Chain aims to unify the gaming industry with blockchain tech, changing the future of the interactive entertainment industry. The blockchain industry
Bitcoin * Public sentiment towards Bitcoin remains negative as the market struggles to recover from “Extreme Fear.” * Top asset managers are actively buying the Bitcoin dip. Meanwhile, the Bank of America has enabled Bitcoin futures trading for select clients. * India’s ICICI Bank has warned citizens about using Bitcoin and cryptos
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GoMining offers holders and miners a profitable channel to earn Bitcoin (BTC) via its native GMT token without having to buy expensive mining equipment or spend high electricity fees. If you have interacted with Bitcoin (BTC), the largest cryptocurrency, you probably know that mining is how you earn or obtain
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InsurAce.io is a young but advanced defi insurance protocol that became the first project of this kind to launch on both Ethereum and Binance Smart Chain. However, the project did not stop there, as it also expanded its services to include Solana, Polygon, Fantom, and Heco The protocol offers
Amid China’s unwavering clampdown on cryptocurrencies, several key Bitcoin stats have dropped to previous lows. Total Hash Rate, Miner Revenue, and Network Difficulty plunges As of July 17, the total hast rate of the Bitcoin network had plunged to 101.58M terahashes per second (TH/s). The last time
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Technology is advancing rapidly, and the more it develops, the cheaper it becomes. This is what led to more people having smartphones than bank accounts these days. In fact, one estimate says that there are five smartphones for every bank account in the world. This means that the massive percentage
Leading crypto exchange Binance has announced that customers would no longer be able to purchase stock tokens on its platform, effective immediately. The latest move comes in a spate of increased scrutiny from regulators across the globe. Although Binance claims that the decision was necessary to allow it to concentrate
Cross-chain decentralized exchange platform THORChain has joined the long list of DeFi protocols that have suffered a security breach lately. In a Friday announcement, the project’s team disclosed that its Bifrost protocol was compromised, allowing the attackers to redirect ETH tokens to their own accounts. Initial estimates noted that
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Jack Dorsey has consistently voiced his support for Bitcoin, proving that his love for the flagship cryptocurrency is unwavering. In his latest attempt to promote the network, the Square founder and CEO announced that his company was launching a new division devoted to building decentralized finance (DeFi) services on the