Month: December 2021

There is always going to be risks involved with interacting with cryptocurrencies and recent proof of this can be seen over the past few weeks after savvy hackers managed to abscond with millions of dollars worth of tokens from Bitmart, AscendEX and BadgerDAO exchange.  Nexus Mutual is a decentralized platform that allows investors to secure insurance coverage against smart
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Mintable marketplace announced its partnership with Immutable X, a StarkWare-based layer-two solution for nonfungible tokens (NFTs) on Ethereum, to make over 24 million NFTs on Immutable X available for sale on Mintable. This integration will enable users to deposit ETH and ERC-20 tokens with instant confirmation and no gas fees. According to Mintable’s Twitter thread,
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Massachusetts Senator Elizabeth Warren did not hold back in her criticism of decentralized finance, expressing concern about how a run on stablecoins would affect the average investor. In a Tuesday hearing with the Senate Banking Committee discussing stablecoins, Warren questioned Professor Hilary J. Allen of the American University Washington College of Law as to whether
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The American actress and businesswoman Gwyneth Paltrow has participated in an investment round involving the bitcoin mining operation Terawulf. According to reports, Paltrow and a group of investors made a “substantial, 8-digit equity investment” in the company. Paltrow is well known for her involvement with cryptocurrencies and joined the crypto firm Abra in 2017 as
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Dogecoin (DOGE) saw a sudden price increase on Dec. 14 after Elon Musk announced that Tesla would begin accepting it for some purchases. DOGE/USD 1-hour candle chart (Bittrex). Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed DOGE/USD climbing over 25% to become the only major cryptocurrency to deliver gains on the day. The meme-based
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Hester Peirce, a commissioner for the United States Securities and Exchange Commission known by many in the space as Crypto Mom, is pushing back against the regulatory body’s agenda for not including clarification on digital assets. In a Monday joint statement, Peirce and SEC Commissioner Elad Roisman said they were “disappointed” in the failure of
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Total circulating Bitcoin (BTC) hit a significant milestone on Monday morning, one and a half years after the last Bitcoin halving, as 90% of the maximum total supply has been mined. Current data from Blockchain.com shows Bitcoin in circulation hit 18.899 million as of Dec. 13, meaning only 10% of the total supply is left
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The biggest regulatory story of the week was a United States House Committee on Financial Services hearing squarely focused on crypto. Even the event’s title — “Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States” — conveyed a different vibe than countless previous Congressional meetings
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Matrix star Keanu Reeves has revealed that he owns cryptocurrency which a friend bought for him a while back. “Yeah, I have a little hodl,” he said. The famous actor also commented on non-fungible tokens (NFTs) and the metaverse. Keanu Reeves Talks Crypto, Metaverse, and NFTs Famous Hollywood actor Keanu Reeves talked about cryptocurrency, the
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Bitcoin (BTC) declined into the Wall Street open on Dec. 13 as stocks came off Friday’s record close. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC/USD diving below $48,000 to reach multi-day lows at the time of writing. Equities had been tipped to add to all-time highs prior
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