Month: February 2022

US lawmakers issue warnings about digital yuan as Winter Olympics kicks off

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With the opening ceremony of the Beijing 2022 Winter Olympics completed and all competing athletes currently in China, two members of Congress are warning of the potential dangers of using digital yuan at the events. According to a Friday report from Reuters, Pennsylvania Senator Pat Toomey sent a letter to Secretary of State Antony Blinken and Treasury Secretary Janet Yellen on Thursday expressing concern that the Chinese government could use the games to promote greater adoption of its central bank digital currency (CBDC), the digital yuan. The country has been…

#CryptoVineri – Ce este Ethereum și ETH 2.0

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #CRYPTOVINERI #ETH #ETHEREUM Folosește acest link când te înscrii pe Crypto.com și primești 25 dolari bonus. La fel și eu! : Trimite SMS la 8864 cu textul SPERANTA. O tabletă pentru fiecare copil. Donează 4 euro pe lună și oferă-le o șansă la educație. Donează aici – Detalii și comentarii pe: Devino membru în comunitatea noastră și susține-ne – Urmărește-mă cu @gbuhnici pe Instagram, Facebook, Twitter, TikTok Producție și Editare – Andrei Brătucu – @andreibratucu pe Instagram – FOLLOW HIM ▶ Coinbase…

CoinDesk Fixes CMS Exploit That Leaked Headlines Before Publication

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…

Tether Responds to CoinDesk’s Intervention in Legal Proceedings

“Publication of Tether’s Reserves: On at least a quarterly basis for a period of two (2) years following the effective date of this Settlement Agreement, Tether will publish the categories of assets backing tether (e.g., cash, loans, securities, etc.), specifying the percentages of each such category, and specifying whether any such category constituting a loan or receivable or similar is to an affiliated entity, in a form substantially similar to that previously presented to the OAG.” [Emphasis added.] Source

QuickSwap Soars 7% After Partnering With CelsiusX, More Gains Ahead?

Largest decentralized exchange on Polygon, QuickSwap recently announced a cooperation With CelsiusX. The DeFi arm of Celsius, the decentralized financial services network founded by Alex Mashinsky, the partners are set to bring more liquidity and create yield opportunities for users on the sector. Related Reading | Celsius CEO: “Elon Is A Tourist In Crypto” The partnership also aids to onboard more users, from retail investors to institutions, into DeFi. In order to achieve this objective, CelsiuX will offer 2 popular cryptocurrencies, Cardano (ADA) and Dogecoin (DOGE), with a low presence…

Phaeton Energy: Towards Embedded Network

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Researchers recently reported that Bitcoin mining has a shocking energy consumption level that is comparable to a medium-sized country. Blockchain is the most booming technology of our time, with implementation across various industries such as health care, supply chain management, games and entertainment, and so on. Blockchain is a boon to the industry but if it is not used sustainably, it can cause us great harm. While some blockchain companies have started buying carbon credits to reduce their carbon footprint, it does not solve the underlying problem. Phaeton has quite…

Which NFT Projects Should You Follow in 2022?

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NFTs took the cryptocurrency market by storm last year. With numerous artists, athletes, and celebrities like Eminem, Snoop Dogg, John Cena, and Tony Hawk launching their own non-fungible token collections, hundreds of thousands of investors, collectors, and traders are waiting to get their hands on the hottest NFTs. Crypto users spent $44.2 billion of digital assets solely on Ethereum-based non-fungibles in 2021, according to a Chainalysis report. Most importantly, NFTs are definitely here to stay, with the sector continuing to thrive throughout 2022 and beyond. In this article, we have…

A “unifying Web3 platform” will onboard 1 billion users by 2026, says Harmony COO

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Li Jiang, chief operating officer at Harmony, believes that a bridge connecting all existing blockchains is key to onboard the first 1 billion users on Web 3.  “We think that the future is multichain and cross-chain, that you should be able to move assets very easily from one chain to another, with good prices, with good rates and very fast,” he told Cointelegraph in an exclusive interview. Harmony is a layer-1 blockchain protocol that aims at creating bridges with all major blockchains and becoming a “unifying Web3 platform” by 2026.…

WeWay, a Revolutionary Crypto Social Media Platform, Joins Tech Incubator BlueZilla While Successfully Raising $3m From Investors and $800k Through Its IDO

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The platform has grown significantly over the past few months, launching its own token, the $WWY, on major exchanges and expanding its value proposition with metaverse solutions. That has allowed WeWay to attract financing quickly: both from investors ($3M) and through its IDO ($800k). Among the strategic advisors to WeWay, are Yoola and Velas. Yoola is an international media network that helps bloggers grow online and offline. The US-based company is part of the top 5 largest international networks in the world and a leader in the Russian-language video blogging…