Month: March 2022

Reef Launches NFT Team Focused on Graffiti and Electronic Music Artists – Press release Bitcoin News

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press release PRESS RELEASE. Reef, a layer 1 Substrate based blockchain for DeFi, NFTs, and gaming, announced today it’s launching a new NFT division focused on connecting with graffiti and electronic artists while scaling up it’s blockchain to be more NFT-friendly. In the last two months, Reef has been working behind the scenes to kickstart its contribution to the NFT landscape. They’ve hired Philip Galaviz, an influential figure in the Denver music and art scene, to join the team as Head of NFT. Philip has worked with Digitally Imported Radio,…

Polygon network suffers from extended service outage after upgrade

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Layer-2 Ethereum scaling solution Polygon has not produced a new block for over 11 hours, with developers attributing the issue to a technical upgrade on the network. On March 10 at 4:20 pm UTC, Polygon (MATIC) network developers notified users on the project’s forum that there would likely be downtime starting at about 5:50 pm UTC due to maintenance required on one of the network’s three layers. A recent upgrade is thought to have caused an error in the network’s ability to achieve consensus. “We suspect there may have been…

Ukraine Buys Military Gear Worth $15M Using Crypto Donations

Quick take: Ukraine has purchased military gear with $15 million from crypto donations The supplies include bulletproof vests, night vision goggles, medical equipment, and military-grade food rations Total crypto donations to Ukraine have exceeded $64.6 million Ukraine’s Vice Prime Minister, Mykhailo Fedorov, is optimistic donations will hit $100 million this week Ukraine has reportedly utilized $15 million worth of crypto donations to purchase various non-lethal military supplies which include bulletproof vests, night vision goggles, medical equipment, and military-grade food rations. The update on the utilization of crypto donations was provided…

US Labor Dept warns of crypto risks in retirement plans

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The US Department of Labor (DOL) has told 401(k) investors to “exercise extreme care” when dealing with cryptocurrencies and other digital assets citing fraud, theft, and financial loss as “significant risks”.  In a compliance report, released on Thursday, the DOL offered a stark warning to employers that seek to increase their 401(k) exposure to cryptocurrencies, stating that any significant crypto investments within company-sponsored retirement accounts may attract legal attention. A 401(k) is a retirement savings plan offered by most American employers that extend tax advantages and long-term financial security to…

CRYPTO ANALYSE avec Vincent GANNE feat CryptoMatrix

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Analyse globale du marché crypto et replay de l’émission dans laquelle Vincent Ganne nous expose son point de vue pour les mois à venir sur le Bitcoin et les altcoins dans un climat d’incertitude, sur fond de reprise potentielle printanière ! Tout est possible, rien n’est garanti ! #Bitcoin #Altcoins #Crypto ⚡️ Bitpanda 👉 ⚡️ SwissBorg 👉 ⚡️ Binance 👉 ⚡️ Chaîne secondaire 🚨 ⚡️ ⚡️Sorare NFT Fantasy Foot 👉 🚨 Rejoins nous sur Twitch 👉 🚨 Instagram 🔥 🚨 Twitter flux…

Data Shows US Consumer Prices Hit a 40-Year High, Biden Blames Inflation on ‘Putin’s Aggressive Actions’ – Economics Bitcoin News

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Following the record 7.5% high for January, the U.S. Labor Department’s Consumer Price Index (CPI) data shows February’s CPI metrics rose to 7.9%. The CPI data published on Thursday is a new 40-year high and month over month, inflation jumped by 0.8%. President Joe Biden is blaming the inflation spike on Russia’s invasion, as he previously warned “there will be costs at home.” February’s CPI Data Jumps to 7.9%, US Stocks Suffer In the U.S., there’s been a significant increase in the prices of goods and services in the American…

LA Token launches LACHAIN to bridge Ethereum-based networks

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Crypto platform LA Token has become the latest exchange to launch its own blockchain with the LACHAIN network which it hopes will give its users access to decentralized finance (DeFi) products and a bridge between other networks. The layer-1 Ethereum Virtual Machine (EVM)-compatible and WebAssembly (WASM)-compatible LACHAIN went live on Mar. 10 to help LA Token capitalize on expected future growth in demand for token bridges between networks. LA Token was launched in 2017 in the Cayman Islands. It has had $281.6 million in trading volume over the last 24…

Jamaican central bank to airdrop Jam-Dex CBDC to early adopters

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The first 100,000 Jamaican citizens to use the country’s new central bank digital currency (CBDC) known as Jam-Dex, will be given a free $16 payment in the hopes of promoting widespread adoption.  Jamaican prime minister Andrew Holness first announced the news in a Facebook post on Thursday. The post received a mixed response as some Facebook users praised Holness for “embracing a digital future”, while others expressed concern about the motivations of the Jamaican government, accusing Holness of trying to “bribe” citizens into the federal banking system. According to the…

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