Day: April 21, 2022

German banking giant Commerzbank applies for crypto license

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One of the largest banking institutions in Germany has confirmed it applied for a local crypto license earlier this year, marking the first time a major bank has made a move toward cryptocurrencies in the country. A spokesperson from Commerzbank confirmed to local media outlet Börsen-Zeitung on April 14 that it “applied for the crypto custody license in the first quarter of 2022.” If approved it would be authorized to offer exchange services along with custody and protection of crypto-assets. Commerzbank serves over 18 million customers and over 70,000 institutional…

AUSTRAC releases 2 new guides to help spot illicit crypto use

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Australian financial compliance enforcement agency AUSTRAC has released two new guides to help entities to spot when customers are using crypto for illicit means, or when they are being forced to pay the creators of ransomware. But it warned that debanking customers merely on suspicion of such activity was a harmful practice with serious negative effects. In an announcement posted earlier today, AUSTRAC noted that the growing acceptance, value and adoption of crypto and blockchain tech has been accompanied by an increase in cybercrime. “Cyber-enabled crime is an increasing threat…

Grow-to-earn with Snoop — and is Dorsey’s tweet priceless or worthless?

The nonfungible token (NFT) of the first ever tweet made on Twitter by founder Jack Dorsey is currently struggling to attract a bid even 1% of its sale price last year. The iconic “genesis tweet” was sold for 1,630 Ether (ETH) valued at $2.9 million about a year ago on March 22, 2021. The highest current bid for this attempt to auction it is 10.3 ETH worth about $31,739 on NFT marketplace OpenSea. The nonfungible token (NFT) of the first ever tweet made on Twitter by founder Jack Dorsey is…

Elon Musk getting into the mining business a true vertical integration: Gene Munster

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Gene Munster, Loup Ventures, joins ‘Closing Bell’ to discuss his thoughts on Elon Musk getting involved in the mining business. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan…

$19.2 Billion in Staked Assets — Liquid Staking Solution Lido Set to Surpass Curve’s TVL – Defi Bitcoin News

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While the total value locked (TVL) in decentralized finance (defi) hovers just above the $214 billion mark, a defi protocol called Lido has been moving closer toward taking Curve’s top spot in terms of TVL in a defi protocol. Currently, the liquid staking solution Lido has $19.2 billion in staking assets derived from five different blockchain networks including Ethereum, Solana, Terra, Polygon, and Kusama. Lido’s Staked Assets Represent Close to 9% of the $214 Billion Locked in Defi According to defillama.com, there’s $214 billion total value locked in decentralized finance…

Flared-Gas Bitcoin Miner Crusoe Energy Raises $350M Series C

“This capital will enable Crusoe to deploy Digital Flare Mitigation at greater scale, to use its solution to accelerate renewable energy deployment, and to continue innovating its industry-leading technology,” said Ben Kortlang, partner at G2 Venture. “After a deep dive into flare mitigation and modular data center technologies, we concluded that Crusoe is the clear leader in scale, operational excellence, talent, vision and proven commitment to environmental standards.” Source

Bitcoin Technicals Suggest Bulls Aim Sharp Move Above $42K

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Bitcoin climbed further above the $42,000 level against the US Dollar. BTC is showing positive signs and might rally further above $42,200. Bitcoin remained well supported above the $41,000 and $41,100 levels. The price is now trading above $41,500 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $41,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start a strong upward move if it settles above the $42,000 resistance zone. Bitcoin Price Gains Pace…

Bitcoin-Warnung: RETTE SICH WER KANN!! Wer davon profitiert…

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin als die sichere Arche in schlechten Zeiten? Dazu wäre eine Entkopplung vom Aktienmarkt notwendig. Nach Aussage der Bank of America könnte dies schockierend schnell gehen… Profitieren würden vor allem die Rohstoffe und Kryptowährungen! News 1: News 2: Hinweis: Kein finanzieller Ratgeber! Das Video enthält persönliche Meinungen! Vorsicht vor Scammer in der Kommentarsektion! 🖊️ YouTube-Abo: 📈 Visualisierung: 👍 Discord-Chat: 📢 Telegram-Chat: 🐦 Twitter: ⭐️ Google-Rating: $Bitcoin $BTC #Bitcoin #Blockchain #HODL #BTC #Krypto ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Square Enix Insists on Integrating Blockchain Elements Into Its Games – News Bitcoin News

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Square Enix, the Japanese gaming company, is pressing on with its vision of integrating blockchain elements into its games. In a recent interview, president Yosuke Matsuda talked about the importance of user-generated content and the advantages that allowing this kind of development, as well as introducing blockchain-based self-sustained economies, might bring to the future of the gaming industry. Square Enix to Double Down on Blockchain and Autonomous Content Square Enix is doubling down on its business plan of including blockchain elements in its games in the not-so-distant future.…

Derivatives exchange dYdX to become ‘100% decentralized by EOY’

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Ethereum Layer 2-based crypto derivatives trading platform dYdX has vowed to become “100% decentralized by EOY” via the protocol’s V4 update. dYdX primarily offers perpetual contracts, which are derivatives products that borrow elements from both spot margin trading and futures trading but do not have an expiry date. At present only certain components of dYdX are decentralized, including its Ethereum smart contracts, governance and staking. However its “orderbook and matching engine” are managed by dYdX Trading Inc. — the team that developed the platform. dYdX announced the V4 update on…