The Labor Department said crypto presents โsignificant risks and challenges to participants’ retirement accounts, including significant risks of fraud, theft and loss.” It highlighted as reasons speculation and volatility, challenges to making informed investment choices, custodial and record keeping concerns, the lack of reliability of cryptocurrency valuations and an evolving regulatory environment. Source
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According to a recent report curated by NonFungible, players of the monster-battle nonfungible tokens, or NFTs, game Axie Infinity transacted nearly $3.5 billion worth of NFTs in 2021. This accounts for almost two-thirds of all NFTs transacted in the entire blockchain gaming industry in 2021. In second and third place were sports highlights marketplace NBA Top Shot with $827 million and community gaming platform Loot with $242 million, respectively. Created by Vietnamese video game developer Sky Mavis in 2018, the game contains creatures called “Axies” that players collect and use…
This time, however, rising inflation is thrown into the mix. Commodities, a traditional inflation hedge, tend to rally during the start of an inflationary cycle. Therefore, the correlation between bitcoin and commodities collapsed in recent months to more normal levels (zero correlation). Source
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Head to to save 10% off your first purchase of a website or domain using code BELINDACARR Link to my Patreon page: We are seeing the emergence of a second digitization revolution that could be centered around the new blockchain technology. Chapters 0:00 Introduction 0:37 First revolution 1:16 Second revolution 1:34 What is blockchain? 3:13 Smart Contracts 3:50 Sponsor 4:27 Skilled Labor 4:57 Payments 5:36 Supply Chain Management 6:28 BIM 7:13 Drawbacks 9:13 Conclusion Blockchain is a digital ledger that stores information…
Christopher Wray, the director of the Federal Bureau of Investigation, said that fiat was a more likely avenue for Russia to explore in circumventing sanctions, given the United Statesโ ability to block efforts using crypto. In a Thursday hearing of the Senate Select Committee on Intelligence, New Mexico Senator Martin Heinrich asked the FBI director if Russia might respond to the economic impact of the United States banning imports of the countryโs oil and gas by using reserves of gold, Chinaโs currency or cryptocurrency. Director Wray said the FBI and…
The multinational mass media and entertainment conglomerate Warner Bros. has announced the firm is working with Cartamundi Group in order to launch DC Comics-themed hybrid trading cards. DC multiverse fans can leverage the Hro application in order to gain access to their favorite DC superheroes, supervillains, and other DC characters. Warner Bros. Reveals DC Comics-Themed NFT Collection โ Digital Collectibles Issued via L2 Protocol Immutable X Warner Bros. has plans to release millions of DC Comics-themed physical cards designed by Cartamundi Group that are also tethered to redeemable non-fungible token…
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Nine Republican senators have backed legislation aimed at directing the policy of U.S. government agencies around concerns that Chinaโs digital yuan may be used to circumvent sanctions and compromise users’ personal information. In a Wednesday announcement, Louisiana Senator Bill Cassidy and Tennessee Senator Marsha Blackburn, backed by seven other Republican senators, proposed the Say No To the Silk Road Act โ a bill that would require certain government agencies to report on Chinaโs central bank digital currency, or CBDC. The two senators said they had concerns over the digital surveillance…
CryptoX – Cryptocurrency Analysis and News Portal Stripeโs platform will enable a new fiat-to-crypto on-ramp for the rapidly-growing exchange. Original Source The post FTX Picks Stripe to Build Payments and Risk Mitigation Feature appeared first on CryptoX. CryptoX Portal