Day: December 2, 2021

IS THE BITCOIN BULLRUN DONE? INSANE BITOCOIN CRASH!!

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Lummis says Fed is ‘violating the law’ with Wyoming blockchain bank delays

Republican senator for Wyoming Cynthia Lummis has argued that the Federal Reserve is “violating the law” by delaying the processing of applications from crypto-native banks to receive accounts at the central bank. In a Nov. 30 op-ed for the Wall Street Journal, Lummis claimed that the Fed was treating the Special Purpose Depository Institutions (SPDIs), also known as ‘blockchain banks’, in her home state unfairly. She called on her Republican colleagues to withhold support for Fed chair Jay Powell who was reappointed by President Biden on Nov. 23. In Feb.…

Everscale Grants Program (Ex FreeTON) Now Accepting Applications – Sponsored Bitcoin News

sponsored Everscale (ex FreeTON) network developers Broxus have announced the opening of their Everscale Grants program. The grants program will provide crucial financial and professional support to promising IT startups that qualify. November has been a busy month for the Everscale network. Early on the project, which previously was called FreeTON, announced it would be rebranding into Everscale. The reasons behind the change were tied to the significant advances that had been made on the network and its correlated ecosystem, relative to where it had started out as FreeTON. FreeTON…

Be Ready!! Bitcoin, Chainlink, Ethereum Price Prediction, Technical Analysis, News, Targets BTC ETH

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15 crypto leaders make the cut for Forbes 30 Under 30

Forbes has named 15 youthful crypto business leaders on the 2022 edition of its 30 under 30 list. Despite its misleading name, the annual Forbes 30 under 30 list is actually comprised of 600 people aged 30 and under from a total of 20 categories such as finance, gaming and music. Notable alumni from last year’s edition include FTX and Alameda Research founder Sam Bankman-Fried, and Brian Tubergen, the co-founder of U.S.-based initial token offering and exchange platform CoinList. In the latest edition published on Dec. 1, Forbes noted that…

Ethereum Topside Bias Vulnerable If It Breaks This Key Support

Ethereum trimmed gains from the $4,800 resistance against the US Dollar. ETH is down 5% and it might decline further if there is a break below $4,350. Ethereum failed to clear the $4,800 resistance and started a fresh decline. The price is now trading near $4,500 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $4,600 on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline further below $4,500 if there is a close below…

Miami to use PlanetWatch and Algorand for air quality monitoring

Miami is preparing to be one of the first major US cities to monitor its air quality using a decentralized Internet of Things (IoT) network built on Algorand. French environmental technology company Planetwatch has developed five different types of air quality sensors. With funding from Borderless Capital’s $10 million PLANETS fund, sensors will be deployed throughout the city, including in the homes of city residents. Each sensor detects the concentration of air pollution in an area. When combined into a network, they will help residents and city officials analyze where…

Want Stocks With NFT Exposure? This ETF Has You Covered

New York-based Defiance ETFs is launching an exchange-traded fund (ETF) focused on non-fungible tokens (NFTs), according to a press release sent to CoinDesk. The fund will track the performance of an index, dubbed the BITA NFT and Blockchain Select Index, composed of NFT, blockchain and crypto stocks, including NFT marketplaces and issuers such as Coinbase and Playboy. The index will be rebalanced on a quarterly basis, Defiance said. Crypto-pegged ETFs have grown significantly in the past year; the first U.S. bitcoin futures fund was listed on the New York Stock…

Badger DAO Protocol Suffers $10M Exploit

A decentralized finance (DeFi) mainstay is the latest to fall victim to a hack, with $10 million in various cryptocurrencies being stolen from the BadgerDAO yield vault protocol. Users first reported possible problems in the protocol’s Discord at 9 pm EST Wednesday night. Current speculation in community channels is that the hack is the result of an exploit in the Badger.com user interface, and not in the core protocol contracts. Many affected users report that while claiming yield farming rewards and interacting with Badger vaults, they noticed their wallet providers…