Concerns over ability to service debt, concentration of power in the presidency, and adoption of bitcoin as legal tender drove the downgrade. Original
Fitch Downgrades El Salvador to CCC Weeks Before Bitcoin Bond Issue
Month: February 2022
UN approves NFT standards initiative led by Tencent
Chinese entertainment conglomerate Tencent has been approved by the United Nations to lead a project exploring the creation of a standard technical and security framework for non-fungible tokens (NFTs) . The project, dubbed a “technical framework for DLT-based digital collection services” will be the world’s first U.N.-approved standards initiative for NFTs, according to state-owned local media. The U.N. agency for information and communication technologies, The International Telecommunication Union (ITU) approved the project, which is expected to complete an initial draft by the end of 2022, according to a report from…
Terra sponsors Washington Nationals, Bitstamp backs Immortals esports
Sports and esports fans will soon see more crypto ads during games as Terra has partnered up with the Washington Nationals MLB team and crypto exchange Bitstamp is now partnered with esports organization Immortals. Terra (LUNA) is the 10th largest cryptocurrency by market cap and the blockchain that produces the UST stablecoin. The project is governed by a decentralized autonomous organization (DAO), which is now an official partner of the Washington Nationals. The Terra community committed $38.2 million in UST over the next five years to secure the deal. The…
ITS OVER FOR BITCOIN NOW!!!!? WITH @The Moon
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io BITCOIN UPDATE! Crypto Exchange up to $8200 Bonus: 🔶 Bybit: (up to $4100 FREE) 🔷 Phemex: (up to $4100 FREE) [after initial deposite] 🐥Follow my Twitter so you don’t miss alerts: 🚨Telegram Slavik Alerts Channel: Not financial advisor! ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
An In-Depth Look at the Couple Accused of Laundering 94,636 Bitcoin From the 2016 Bitfinex Hack – Featured Bitcoin News
On Tuesday, the U.S. Department of Justice (DOJ) arrested two individuals that are accused of an “alleged conspiracy to launder” 94,636 bitcoins stolen from Bitfinex in 2016. Interestingly, both of the suspects are known individuals within the tech industry as Ilya Lichtenstein was the co-founder of Mixrank, a Y-Combinator backed startup and Heather Morgan was a writer for Forbes. The Myriad of Mysterious Bitcoin Transfers From the 2016 Bitfinex Hack The U.S. government announced the “largest cryptocurrency seizure to date” after the DOJ seized 94,636 bitcoins that were stolen in…
Land grab in the Shiberse, floor prices fall, NFT house sale and more…
The team behind one of the top memecoin projects Shiba Inu (SHIB) is rolling out tokenized real estate dubbed “Shiba Lands” as part of its upcoming metaverse project. Shiba’s upcoming metaverse is yet to receive a name, with the team referring to it as the “Shiberse,” and stating that the official title will be revealed later this month. The launch date for the tokenized land sales and auctions is also set to be announced soon and hodlers of the LEASH token (which is available via Shiba Swap) will be granted…
Cómo funciona el Blockchain? (Explicado al 100%)
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io En esta animación os explico qué es y cómo funciona el Blockchain. También hay una explicación sobre proof of stake, contratos inteligentes y NFTs, pero la mayoría del vídeo se centra en torno al funcionamiento de las criptomonedas a través de la prueba de trabajo. Empiezo explicando brevemente cómo funciona la criptografía asimétrica, que permite la autenticación de cualquier transacción en la red. Luego hablo sobre la función hash SHA 256, que es el pilar fundamental de la prueba de trabajo. Siguiendo…
FarmVille developer Zynga set to release first NFT game this year
San Francisco-based game developer Zynga, best known for the FarmVille and CSR Racing series, has announced plans to release its first blockchain and NFT-based games this year. The billion-dollar game studio first made waves in the crypto world last year after appointing 30-year gaming industry veteran Matt Wolf as Vice President of Blockchain Gaming to lead the company’s charge into the burgeoning industry. Zynga has also announced plans to increase the current blockchain gaming team from 15 employees to anywhere up to 100 by the end of this year. The…
Too difficult ‘for a retail investor’
The Central Bank of Ireland has stated that it is unlikely to approve investment funds for retail crypto investors because they lack the know-how to navigate the high-risk asset class. The February 2022 report Securities Markets Risk Outlook Report: A Changing Landscape described crypto assets as a new product offering in securities markets that is complex and a “potential threat to investor protection.” Although the bank fielded many queries last year about Alternative Investment Funds (AIF) regarding crypto, it is now not expected to approve an AIF for retail crypto…
Former Thai Central Bank Director Predicts Crypto Bubble Emerging in March – Markets and Prices Bitcoin News
A former Bank of Thailand director has warned about an imminent crypto crash. “A cryptocurrency bubble will emerge at the end of March when liquidity in the financial market drops,” he reportedly predicted. Former Central Bank Director Warns Crypto Market Will Soon Crash Former Bank of Thailand (BOT) Director Anusorn Thammajai reportedly warned that the cryptocurrency market will crash in a couple of months, the Nation reported Sunday. The ex-central bank director cautioned: A cryptocurrency bubble will emerge at the end of March when liquidity in the financial market drops…