Day: October 27, 2021

Florida’s Miami-Dade County to ‘Study Feasibility’ of Paying Taxes With Crypto

Miami-Dade County in Florida has approved a resolution to create a task force to study the feasibility of accepting cryptocurrency as a form of payment for taxes. The Cryptocurrency Task Force will offer recommendations around other potential policies related to crypto that could prove advantageous, according to an announcement Wednesday. First and foremost, the task force will explore how Miami-Dade could accept crypto as a method of payment for taxes, fees and services. The task force also intends to meet with Cheyenne, Wyoming-based American CryptoFed DAO, the first legally recognized…

Voyager Digital will be crypto brokerage partner for Dallas Mavericks

Crypto trading platform Voyager Digital has inked a deal with the Dallas Mavericks basketball team aiming to make crypto more accessible through fan engagement and other educational programs. In an Oct. 27 announcement, Voyager Digital said it would become the Mavs first cryptocurrency brokerage and international partner in a five-year deal. The trading platform will also have naming rights over the franchise’s Mavs Gaming Hub in Dallas, a venue for the Mavs NBA 2K League team. “This partnership gives us the opportunity to educate people all over the world on…

Cream Finance Exploited in Flash Loan Attack Netting Over $100M

The funds appear to have been taken using a flash loan in a notably complex transaction that involved 68 different assets and cost over 9 ETH in gas. Of the $260 million lost, the attacker netted roughly $130 million in various cryptocurrencies, of which $40.6 million may be in illiquid crETH, a staked ETH derivative that may prove difficult for the attacker to sell. Source

Coinbase Experiencing Extended Outages, Including for Credit Card

Crypto trading platform Coinbase was experiencing extended outages on Wednesday that were affecting access to its Coinbase and Coinbase Pro platforms as well as its credit card. On its status page Coinbase was reporting a major outage of its Coinbase credit card and partial outages of its website, mobile apps and API. According to Downdetector, Coinbase has been experiencing a high level of outage reports since 17:00 UTC (3 p.m. ET). The company tweeted at 17:45 UTC, “We are aware that some customers are having issues accessing Coinbase and Coinbase…

PlanetWatch Announces Listing of PLANETS Token on Bitmart – Press release Bitcoin News

press release PRESS RELEASE. PlanetWatch, a French start-up which decentralizes and incentivizes environmental monitoring, announced that its utility token, PLANETS, will be listed on Oct. 22 on Bitmart. Claudio Parrinello, PlanetWatch’s CEO said: “PlanetWatch is experiencing explosive growth. With over 6,000 sensors already deployed worldwide, we are happy to see PLANETS becoming available worldwide via multiple exchanges.” PlanetWatch is revolutionizing the way people measure air quality and other environmental parameters by leveraging the Algorand Blockchain, IoT-enabled sensors and AI-based data analysis. Dense sensor networks can be activated in any city…

BTC, ETH, BNB, ADA, SOL, XRP, DOT, DOGE, SHIB, LUNA

Bitcoin (BTC) has broken back below the psychological support at $60,000. While this seems to be negative in the short term, the price action has continued to mirror its movement in 2017. If the similarity continues for the remainder of the year, Bitcoin bulls may be in for a party. PlanB, creator of the popular Bitcoin Stock-to-Flow (S2F) model, recently proclaimed in a tweet that the second leg of Bitcoin’s bull market has begun. If Bitcoin’s price action continues to follow the S2F model, the analyst believes a rally to…

AuKing Mining takes to market the Koongie Park copper-zinc project in $7m IPO

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io AuKing Mining (ASX: AKN) managing director Paul Williams joins Small Caps to discuss the company’s $7 million IPO and plans to acquire 75% of the advanced Koongie Park copper-zinc project near Halls Creek in Western Australia. In its IPO, AuKing is hoping to raise up to $7 million with a minimum subscription of $6 million. Koongie Park has already undergone exploration, mine planning and feasibility studies, with AuKing’s ultimate goal being to finally bring the project across the line. Article: For more…

Binance Smart Chain surpasses 1.5 billion lifetime transactions

Binance, the world’s largest cryptocurrency exchange by volume, tweeted on Oct. 26 that the cumulative number of transactions on its Binance Smart Chain (BNB) has surpassed 1.5 billion. The network achieved this milestone a mere 14 months after its launch on Aug. 31, 2020.  According to BscScan, the daily number of transactions on the blockchain recently surged to over 10 million — just shy of its all-time record high of 13 million back on July 29. There also appear to be more than 108 million unique wallet addresses on BSC’s…

Mask Network, 1inch and Shiba Inu ignore Bitcoin’s downtrend, posting 20% gains

The cryptocurrency market is back on the rocks on Oct. 27 as many of the top assets find themselves in the red on the day after Bitcoin (BTC) price dropped to $58,000 in the early trading session. Despite the wider struggles of the market, several altcoins have managed to post gains in excess of 22% as major protocol integrations and exchange listings have helped to buffer them against the wider market downturn. Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro Data from Cointelegraph Markets Pro and…

Bitcoin Dips Below $60K as ETF Enthusiasm Fades

From Oct. 19, when the ProShares ETF started trading, through Tuesday, BITO shares were down by 2.45%, based on a chart shared by Grayscale, the company that sponsors GBTC. Bitcoin was down 1% over the same period and GBTC was up 7.5%. (Grayscale is a unit of Digital Currency Group, which also owns CoinDesk.) Source