India’s UPI denied knowledge of any crypto exchange using its platform after Coinbase leadership announced using that prominent payment gateway would be the first step in buying crypto through its brokerage. Source
press release PRESS RELEASE. PALO ALTO – April 7th, 2022 — Syntropy, a transformative Web3 connectivity company, announces its new customer – the sports betting and gaming giant, Entain. The FTSE 100 company is leveraging Syntropy’s global relay network with its decentralized autonomous routing protocol (DARP) to connect the company’s data centers across the globe. Syntropy’s technology reduces latency and packet loss, improving the overall performance and reliability of Entain’s network for its core offering as well as its future expansion into the metaverse with Ennovate Labs. The Syntropy Relay…
Cardano (ADA) had since lost its momentum and has been back on another downtrend once more. This time around, the downtrend quickly sent the cryptocurrency back towards the $1 territory. This has had some dire implications for Cardano investors. The majority of these investors have now seen their portfolios descent into the red territory causing them to be taking massive losses at the current prices. Cardano Holders In The Red Much like the majority of the market, Cardano has seen its value decline in recent days. This has been a…
United States Treasury Secretary Janet Yellen listed stablecoins as one of the major policy concerns in the digital asset space for regulators, currently subject to “inconsistent and fragmented oversight.” Speaking to attendees at American University in Washington, D.C. on Thursday, Yellen said the Treasury Department was working with Congress to advance legislation to help ensure that “stablecoins are resilient to risks” for consumers and the U.S. financial system. According to the Treasury Secretary, while stablecoins raised “policy concerns” and issues around the coins’ reserve assets, many parts of the digital…
This past Tuesday, April 5, was the 89th anniversary of Executive Order 6102 when the U.S. government would strictly “forbid the hoarding of gold coin, gold bullion, and gold certificates within the continental United States.” While the global economy seems to be heading toward disaster and the U.S. dollar’s strength is being examined, many have questioned whether or not the U.S. government will confiscate gold again. ‘No Crisis Should Go to Waste’ Over the last two years since the onset of the coronavirus outbreak, the world has been dealing with…
April 7, 2022 – Tallinn, Estonia PARSIQ has announced that its native token PRQ will be listed on the trading platform Crypto.com starting April 7, 2022. PARSIQ, the web 3.0 monitoring and data automation platform, has announced that users are able to trade PRQ tokens on the Crypto.com exchange, one of the world’s three largest crypto trading platforms by volume, starting today. The announcement dovetails with the news that Crypto.com Capital led the $12 million fundraising round for PARSIQ’s sister project, IQ Protocol. The listing of PRQ points to confidence…
Sonnenshein argued that the SEC, while approving Teucrium’s application under the 1933 Act, defined the underlying market as being restricted to the Chicago Mercantile Exchange (CME)-listed bitcoin futures. However, the CME futures are influenced by the unregulated spot market. So, the regulator can no longer deny spot-based ETFs, stating they are exposed to abuse. Grayscale’s parent company Digital Currency Group is also the owner of CoinDesk, which is run as an independent subsidiary with an editorial firewall. Grayscale has applied to convert its Bitcoin Trust into a spot-based ETF. Source
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Hello, friends! Is Bitcoin mining with a $500 bitcoin antminer S9 in 2021 still profitable? Let’s take a look at this bitcoin asic miner that is somewhat old, but still works decently for bitcoin mining. We’ll look at how well the antminer s9 works for mining bitcoin and other things, and talk about ASIC miner profitability! Let me know what you think, too! #BTC #BitcoinMiningAntminerS9 #bitcoinmining This video reflects my opinion only; numbers and data are approximate and may become inaccurate as…
The country’s central bank says it wants to understand the technical options before it takes the plunge to issue any new CBDC. Source
Scott Melker, veteran trader and pocaster, is convinced that major layer-1 protocols should be part of everyone’s investment portfolio. Instead of picking individual crypto projects, such as NFTs or blockchain games, Melker thinks it makes more sense to bet on the blockchain infrastructure on which these projects are built. “Any of these small projects could absolutely go nuts. But you’re going to have trouble choosing what they are. You should just own the layer-1 and the infrastructure that they’re all built on,” he said in an exclusive interview with Cointelegraph. …