Day: March 14, 2022

Bitcoin’s Price Bounce Stalls as 10-Year Yield Hits 32-Month High

CryptoX – Cryptocurrency Analysis and News Portal “While not on the scale of the China bitcoin mining ban, the implication for the price of BTC and other crypto assets which follow on price, could be significant in the next few days. The crypto asset market has been buffeted by events, and this could lead to another tough trading period if the legislation passes,” Peters added. Source The post Bitcoin’s Price Bounce Stalls as 10-Year Yield Hits 32-Month High appeared first on CryptoX. CryptoX Portal

Financial future or false promises? Crypto firms go big on ads in 2022

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Advertisements are in abundance everywhere we go — from billboards seen throughout road trips to commercials displayed every fifteen minutes or so during television shows. It’s also the case that most advertisements today display messages from major internet-based brands like Amazon, which was ranked as the largest advertiser in the United States in 2020. Telecommunication providers and payment giants like American Express have also been listed as some of the biggest advertisers in the United States. These companies typically spend billions of dollars per year on marketing messages aimed to…

More Than 80% of the Funds Locked in Decentralized Finance Are Kept on 5 Chains, 21 Different Defi Protocols – Defi Bitcoin News

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In mid-March, the top five blockchains — in terms of total value locked (TVL) in decentralized finance (defi) — currently command more than 82% of the $198 billion TVL in defi across all blockchains. Each of these chains offers different types of defi protocols like decentralized exchange (dex) platforms and lending applications, allowing people to designate their finances in various ways. 5 Blockchain Networks, 21 Defi Protocols Today, there’s just under $200 billion in defi and that’s just the total value locked (TVL), as it doesn’t include the large quantity…

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Coinjoin BTC mixing tool to block illicit transactions

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CoinJoin, a popular Bitcoin (BTC) mixing tool, will block transactions associated or flagged as illegal. The announcement came from the official Wasabi Wallet Twitter account, which Coinjoin is a part of. The zkSNACKs coordinator will start refusing certain UTXOs from registering to coinjoins. pic.twitter.com/X3kBuQwieO — Wasabi Wallet (@wasabiwallet) March 13, 2022 The official announcement noted that CoinJoin services would start blocking certain unspent transaction outputs (UTXOs) from registering with the CoinJoin with the help of the zkSNACKs coordinator. A zkSNACKs coordinator is a virtual machine used to mix the origin…

Japan to Fine Crypto Exchanges for Violating Russia Sanctions

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Japan’s Financial Services Agency (FSA) and Ministry of Finance have jointly announced on Monday that they have laid out a plan to penalize cryptocurrency exchanges who are violating economic sanctions imposed against Russia. Q4 2021 volumes have gone up or down and how much? As reported by Forkast, cryptocurrency exchanges in the country are looking at up to three years of a prison sentence or a monetary fine of 1 million yen (almost $8,500) for facilitating unauthorized crypto transactions to sanctioned targets. Further, crypto exchanges need to report to the…

Strategy and Space Gamers Get Their Own Play-to-Earn Metaverse Full of Cool NFTs — DEEPSPACE (DPS) Alpha Review – Bitcoin News

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Space, the final frontier. The long and exciting journey through vast, dark, deep space with a fleet of your own. The release of the alpha version of the play-to-earn metaverse game DEEPSPACE (DPS) opens up a brand new chapter of the metaverse world for all those who love space exploration, fleet building and formation, and peer-to-peer battles. Introduction: DEEPSPACE (DPS) is a Play-to-Earn space multiverse exploration strategy game on the Binance Smart Chain (BSC). Earn passive income from holding $DPS, trading NFTs, and taking risks as you explore DEEPSPACE with…