Day: December 1, 2021

Polygon’s expanding ecosystem backs MATIC’s rise toward a new all-time high

Layer-two (L2) solutions for the Ethereum network have become a popular topic of discussion and speculation on their associated tokens backed the massive rally seen in many of the protocols this year. The parabolic growth of the decentralized finance (DeFi) and nonfungible token (NFT) sector also led to a surge in the cost carrying out simple transfers and this prompted developers and investors to migrate to L2-supportive platforms. One L2 solution that saw its token price rise to new highs earlier in the year and now looks poised to make…

Biden is considering law professor, Fed president, and former CFPB director to fill 3 seats on Federal Reserve: Report

The White House has reportedly begun interviews with possible candidates to fill the empty seats on the board of governors of the Federal Reserve System in 2022.  According to a Wednesday report from Bloomberg citing people familiar with the matter, U.S. President Joe Biden is considering qualified candidates including Federal Reserve Bank of Atlanta President Raphael Bostic, former Consumer Financial Protection Bureau director Richard Cordray and Duke University law professor Sarah Bloom Raskin to take over positions from Fed board members leaving in early 2022. Others under consideration reportedly include…

The Long Strange Journey of Facebook’s Libra Project

This episode is sponsored by NYDIG. Download this episode On today’s episode, NLW does a retrospective of Facebook’s libra project, which was renamed late last year to diem. He argues that, whatever happens with diem specifically, it has a place in the historical record as the starting gun for a new era in stablecoins and central bank digital currencies. Join the discussion: discord.gg/VrKRrfKCz8 See also: Jury in Kleiman v. Wright Civil Suit Says It ‘Cannot Come to a Decision’ “The Breakdown” is written, produced by…

BLOCKCHAIN LÀ GÌ? SỰ KÌ DIỆU CỦA CÔNG NGHỆ BLOCKCHAIN

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io BLOCKCHAIN LÀ GÌ? SỰ KÌ DIỆU CỦA CÔNG NGHỆ BLOCKCHAIN Nhiều người nghĩ blockchain là nền tảng công nghệ phục vụ cho bitcoin. Nhưng đó không phải mục đích duy nhất để thiết kế ra blockchain, thực tế là blockchain còn có nhiều ứng dụng hơn thế. Xem nhé bạn hữu! Nguồn: Centre for International Governance Innovation ⭕ Tìm đọc các quyển sách về đầu tư: * Làm Giàu Từ Chứng Khoán CANSLIM: * Tuyệt kỹ Giao dịch bằng đồ thị nến…

Analysts Expect Positive Bitcoin Returns in December

The chart below shows average returns for bitcoin by month. Typically, BTC has positive returns in the fourth quarter, which is why some traders remain poised for a year-end rally across cryptocurrencies. Based on seasonal data, however, BTC’s upside could be limited as January tends to produce negative returns. Source

Meta Relaxes Crypto Ad Policies

CryptoX – Cryptocurrency Analysis and News Portal The tech giant splits crypto companies into two categories depending on whether prior written approval is needed to list ads. Tax services, news outlets and education sources related to crypto don’t need prior approval, nor do crypto wallets that only allow users to store assets without buying and selling. Crypto exchanges and trading platforms, full-service crypto wallets and mining-related hardware and software companies all require approval. Source The post Meta Relaxes Crypto Ad Policies appeared first on CryptoX. CryptoX Portal

Facebook Owner Meta Relaxes Crypto Ad Policies

The tech giant splits crypto companies into two categories depending on whether prior written approval is needed to list ads. Tax services, news outlets and education sources related to crypto don’t need prior approval, nor do crypto wallets that only allow users to store assets without buying and selling. Crypto exchanges and trading platforms, full-service crypto wallets and mining-related hardware and software companies all require approval. Source

$7.5 Million NFT Collection Accused of Using Art Without Permission Threatened by Legal Action – Bitcoin News

While non-fungible token (NFT) assets have been extremely popular in 2021, there’s been a slew of issues tied to the ecosystem as well. A recent report indicates that roughly a dozen artists are considering taking legal action against an NFT collection called “Art Wars” because their original artwork was sold as NFTs without their consent. NFT Collection Targeted Over Using Artwork Without Permission From the Original Artists Non-fungible token (NFT) assets have seen billions of dollars in sales this year, and the term “NFT” was just recently awarded the Collins…

Sen. Lummis Likely to Oppose Powell’s Fed Nomination on Crypto Grounds

Crypto-friendly Wyoming Senator Cynthia Lummis has expressed significant concerns about the crypto track records of President Joe Biden’s nominees to head up the Federal Reserve for its next term, current Fed chair Jerome Powell and Fed governor Lael Brainard. As a result, she is likely to oppose the nominations and rally other Senators against them unless the Fed addresses her concerns, an aide to Lummis told CoinDesk. Source