Month: November 2021

Vladimir Putin says cryptocurrencies ‘bear high risks’

On Tuesday, Vladimir Putin, President of the Russian Federation, voiced his criticism at the “Russian Calling” investment forum in Moscow. According to local news outlet lenta.ru, the president made the following remarks, as translated by Cointelegraph: “It is not backed by anything, [and] the volatility is colossal, so the risks are very high. We also believe that we need to listen to those who talk about those high risks.” Putin called for the greater monitoring and regulation of cryptocurrencies and pointed out that certain countries worldwide are seeing significant adoption…

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Be a member of A2 family, join our channel membership now. Click the link below 👇 Today there is a panic in the world of Cryptocurrency, the real reason for this is that the Government of India is going to bring a new bill for Cryptocurrency. If this happens, then 20 million people doing crypto trading in the country may have to bear the brunt of it. It is also being said that RBI will also issue its own digital currency in…

Jack Dorsey Resigning as CEO of Twitter Is Bullish for Crypto, Says Fundstrat – News Bitcoin News

Twitter now has a new chief executive officer after Jack Dorsey resigned Monday. Dorsey, who is still the CEO of Square Inc., previously said that he wants to focus on bitcoin. Fundstrat Global Advisors’ managing director and head of research explained why Dorsey’s departure from Twitter is bullish for crypto. Twitter Has New CEO: Jack Dorsey Steps Down Jack Dorsey announced Monday that he has resigned from Twitter. In his letter to the Twitter team, the former CEO explained that it was his decision to leave. Parag Agrawal, who served…

NFT sales aim for a $17.7B record in 2021: Report by Cointelegraph Research

In 2010, if someone had told you that Internet memes, digital artwork and Twitter avatars would sell for hundreds of thousands of dollars, would you have believed them?  Well, these are nonfungible tokens, or NFTs, in a nutshell. NFTs are driving blockchains toward uncharted territory on the backs of cute kitties and pixelated punks. What may appear to be a shroud of speculation over pointless collectibles is actually the clouded horizon of fintech innovation. NFTs represent a turning point. Blockchain technology is now being used to represent assets beyond the…

US Policymakers Are Still Evaluating Stablecoins

“I have significant concerns with the non-standardized terms applicable to redemption of particular stablecoins, how those terms differ from traditional assets, and how those terms may not be consistent across digital asset trading platforms,” Brown wrote in several of the letters. Source

3D metaverse marketplace MetaMundo aims for 2022 launch with new funding

MetaMundo, a virtual nonfungible token (NFT) marketplace focused on metaverses, has announced the completion of a seed funding round of $2.7 million. Led by Animoca Brands, MetaMundo’s debut funding further included Hypersphere Ventures, Digital Currency Group, OP Crypto, Metaartel Ventures and angel investments from the co-founders of Aave and Rarible, among others. Built upon layer-two network Polygon, the platform lets designers and creators mint, sell and license their NFT assets for usage in virtual and augmented reality, as well as across an array of metaverse worlds including Decentraland, Cryptovoxels and…

Let the Market Come Up With Better Money Tech

Twenty-five years ago, in the dawn of electronic money, Federal Reserve Board Chairman Alan Greenspan presented a paper at the U.S. Treasury conference on “Electronic Money and Banking: The Role of Government,” where he argued that the future of e-cash will depend on the private sector’s “flexibility to experiment, without broad interference by government.” The COVID-19 pandemic has hastened the transition from paper currency to e-cash. People still want cash, but increasingly in digital form stored on mobile wallets rather than in bill folds. Source

Coinbase Acquires Cryptographic Security Firm Unbound for Undisclosed Sum

Crypto exchange Coinbase has acquired cryptographic security company Unbound Security to expand its multi-party computational (MPC) capabilities. Coinbase considers Unbound Security to be a pioneer in MPC, a subset of cryptography that allows multiple parties to evaluate a computation without any of them revealing their own private data. With the acquisition, Coinbase will also establish a presence in Unbound’s native Israel, according to a blog post Tuesday. Financial terms of the acquisition were not disclosed. Coinbase did not immediately respond to CoinDesk’s request for comment. “Secure multi-party computation is an…

BITCOIN COUNT DOWN TO PUMP!!!!!

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