Day: October 24, 2021

ETHEREUM IS PREPARING TO EXPLODE – ETH NEXT MOVEMENTS ARE CONFIRMED

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What CBDCs Mean for the Future of DeFi and Stablecoins

Over the last year, the narrative surrounding central bank digital currencies (CBDCs) has advanced considerably. From an almost entirely conceptual discussion, CBDCs are now in various stages of research and development to ascertain how they could work in practice. China’s digital yuan is currently leading the pack. Following several pilots, the Chinese government is expected to roll out its CBDC to a population of over a billion people in 2022. While no other country has yet reached the same stage of CBDC development, there has been surprisingly rapid progress. Recently,…

How to Expand Blockchain Beyond Fintech and Into Factories

This experimental pilot project was ambitious. Blockchain may be going more mainstream, but harnessing it for non-fintech applications is still nascent. We encountered challenges around costs, ease of use, data digitization and integration, engineering talent, literacy, reliable internet access, the lack of hardware needed to take a survey, and an unprecedented global pandemic that has disrupted not just supply chains but also workers’ lives. Source link

Crypto Exchange FTX Valued at $25,000,000,000 in Latest Funding, Drawing in Huge Institutional Investors

A new round of fundraising has given crypto exchange FTX a staggering 11-figure valuation, drawing in large institutional investors. The Bahamian-based company gathered $420.6 million with its latest session of fundraising, bringing in capital from blue-chip investors to raise its total valuation to $25 billion.   Key investors included BlackRock, the biggest asset manager in the world handling nearly $10 trillion worth of assets, and Sequoia Capital, a venture capital company valued at over $3 trillion. The Ontario Teachers’ Pension Plan, a Canadian pension fund and well-known institutional investor valued…

Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector – Regulation Bitcoin News

The main organization representing participants in the Russian crypto space has lambasted authorities in Moscow for not doing enough to regulate the industry. The criticism comes four years after President Putin directed institutions to legally define the status of digital financial technologies. Regulators Accused of Failure to Take Russian Crypto Market Out of Shadow Russian regulatory bodies have been criticized for their actions regarding the cryptocurrency industry in the country. According to Yuri Pripachkin, head of the Russian Association of Cryptoeconomics, Artificial Intelligence and Blockchain (Racib), their actions are still…

Building a CHEAP? $2500 ETHEREUM Mining Rig…

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io How to Build a Mining Rig Step by Step! How To Make A OPEN AIR Frame! Parts List I Used To Build This 6 x 1660 Mining Rig: Motherboard: (msi z270 I used n/a) CPU: Ram: SSD: Risers: use code redpandamining for 10% off! GPUs: (Highly recommend 3060 Ti/5700 xt’s but if you were to get 1660’s, please try to find 1660 supers) Power Supply: GPU Splitters: Need 1 on 1 Help? Want to speak with me? My TRUSTED Crypto Mining Hardware…

Cryptocurrency ATM Boom Comes to Colombia – Emerging Markets Bitcoin News

While Colombia is not a country that has embraced cryptocurrencies compared to Venezuela or some African countries, it is the country with the second most cryptocurrency ATMs in the Latam region. The reason behind this could be that Colombia has a high percentage of cash usage. This makes cryptocurrency ATMs a very important tool for adoption in the country. Colombia, Crypto ATM Haven There is a cryptocurrency ATM boom going on in Colombia right now, being this is the country that hosts the second-highest number of these ATMs…

How investors should react to news of China shutting down all crypto activity

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Jon Najarian joins the Halftime Report to discuss China’s new crackdown on digital currencies. Bitcoin stock plunged after this morning’s announcement. For access to live and exclusive video from CNBC subscribe to CNBC PRO: Bitcoin and ether tumbled Friday, with traders rattled by tough talk out of China. The price of bitcoin fell about 5% to $42,496.12, according to Coin Metrics data. Ether, the second-largest digital currency, dropped 7% to $2,921.53. It comes after the People’s Bank of China said in a…

TOP 10 CRYPTO ANALYSIS | WILL BITCOIN CONTINUE CRASHING?

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