Day: January 23, 2022

How to pick or analyze altcoins?

boss

What are altcoins? The word โ€œaltcoinโ€ is derived from โ€œalternativeโ€ and โ€œcoin.โ€ Altcoins refer to all alternatives to Bitcoin. Altcoins are cryptocurrencies that share characteristics with Bitcoin (BTC). For example, Bitcoin and altcoins have a similar basic framework. Altcoins also function like peer-to-peer (P2P) systems and share code, much like Bitcoin. Of course, there are also marked differences between Bitcoin and altcoins. One such difference is the consensus mechanism used by these altcoins to validate transactions or produce blocks. While Bitcoin uses the proof-of-work (PoW) consensus mechanism, altcoins typically use…

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Custodial vs non-custodial NFTs: Key differences

boss

Nonfungible tokens can be minted, sold or bought on NFT trading platforms that are either custodial or non-custodial Today, the crypto space is filled with NFT platforms of all kinds such as mass and niche ones, self-service or invite-only platforms, gaming NFT platforms, sports or music NFT marketplaces and many others. All of them operate slightly differently, provide distinct functionality and offer various types of NFTs. The majority of NFT marketplaces are based on the Ethereum blockchain while others belong to blockchains like Binance Smart Chain (BSC), Polkadot, Solana and…

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Lawyer Accuses Huobi of Operating a Cryptocurrency Exchange That’s ‘Held Accountable Nowhere’ โ€“ Exchanges Bitcoin News

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Houbi Global, which is based in Seychelles, has been accused by lawyer Jonathan Levy of operating without accountability to any jurisdiction. The lawyer adds that the exchangeโ€™s physical address in the island nation is for mailing purposes only. Accountability Issues U.S.-based lawyer Jonathan Levy has accused Huobi cryptocurrency exchange of running a decentralized global operation that โ€œoperates everywhere but is held accountable nowhere.โ€ Levyโ€™s accusation follows the Seychelles registered cryptocurrency exchangeโ€™s alleged intransigence which eventually led to a French national losing their funds to a Chinese fraudster. Before the Chinese…

Crypto and NFTs meet regulation as Turkey takes on the digital future

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In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain. Turkey โ€” the cradle of civilization โ€” is quietly digitizing despite its high-inflation economy, and the liraโ€™s volatility might be correlated with the prices of Bitcoin (BTC) and Ether (ETH). During the fourth quarter of 2021, the TRY/USD exchange rate crashed from 9 to 18.5 liras per dollar in the six weeks…

Blockchain ๐Ÿคฎ

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Grupo de Telegram para ayudarnos entre todos (y otros links): Fuente del hilo en mi Twitter: #bitcoin #blockchain โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Youtube version

What Facebookโ€™s Patents Tell Us About the Fight for the Soul of the Metaverse

This episode is sponsored by Nexo, Abra and FTX US. Download this episode On this weekโ€™s โ€œLong Reads Sunday,โ€ NLW reads David Z. Morrisโ€™ โ€œMeta Leans In to Tracking Your Emotions in the Metaverse.โ€ See also: Who Writes the Story of the Metaverse? โ€œThe Breakdownโ€ is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is โ€œCountdownโ€ by Neon Beach. The music you…

Professor Gensler Gets an F on Crypto

Lawyer James Burnham speculates the Supreme Court would likely strike down similar securities rules today, perhaps if a challenge was brought before it by a crypto company, without a congressional mandate. But even if a lawsuit reaches the high court, an agency reprimand would already have required a company to spend gargantuan legal fees and endure years of litigation before even the chance to argue the case. Source

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