Day: May 10, 2022

Analyst claims that exchanges sell your Bitcoin, crypto trading platforms respond

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Security breaches and hacks often highlight the risks of storing Bitcoin (BTC) on centralized exchanges. One analyst even claims that keeping your BTC on exchanges is also a factor for price dips. Rufas Kamau, research and markets analyst at Scope Markets Kenya, explained his thoughts on how keeping BTC on an exchange lowers coin price. Kamau believes that buying BTC on exchanges only amounts to buying an “I Owe You” (IOU) which he describes as “paper Bitcoin.” If you buy Bitcoin at the exchange, you are buying paper Bitcoin, an…

BITCOIN SKYROCKETS EVERY TIME HAPPENS…

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NEAR Foundation Sets Up a Regional Hub in Kenya, Boosting Blockchain Innovation in Africa

To trigger talent development, education, and blockchain innovation on African soil, NEAR Foundation, has launched a regional hub in Kenya in collaboration with Sankore, an African-focused blockchain community. As a Swiss non-profit in charge of the NEAR protocol, the NEAR Foundation sees the hub as a stepping stone towards more blockchain growth in Africa. Marieke Flament, the CEO of NEAR Foundation, noted: โ€œWe are excited by the potential avenues throughout Africa for blockchain solutions, which come from innovation in development, education and talent. This hub represents a unique opportunity…

Chilean Digital Peso Would Need to Work Offline, Central Bank Governor Says

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Binance suspends LUNA and UST withdrawals citing network congestion

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As the crypto community still tries to decipher Terraโ€™s ongoing pegging-depegging fiasco in relation to its stablecoin offering Terra USD (UST), major crypto exchange Binance announced the suspension of withdrawals for LUNA and UST until further notice on Tuesday.ย  The market value of UST, Terraโ€™s stablecoin offering, recently fell below the expected $1 price point as LUNAโ€™s price witnessed a sharp decline owing to a major selloff. At the same time, the BTC/UST trading pair on Binance reached highs of more than $42,000 while other Bitcoin dollar markets struggled to…

The IP Register in Blockchain

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io The EUIPO has launched the first ever European blockchain platform to better serve public IP institutions and their clients. TMview and DesignView, the EUIPOโ€™s two flagship search services, now use blockchain to bring super-fast, reliable, and secure delivery of IP rights information. Watch the video to understand this exciting and transformative event. More info: โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Youtube version

Dragon War is Bringing the Most Exclusive NFT Collections to Magic Eden

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NFT strategy game Dragon War has confirmed a partnership with Magic Eden, Solanaโ€™s fast-growing NFT marketplace. As part of the deal, the play-to-earn project will make Magic Eden its preferred INO launchpad, with 5,000 non-fungible tokens (NFTs) set to go live on the site on May 16, 2022. For the past several weeks Dragon War has been in test mode, and a number of high-profile guilds, VC partners, and KOLs have been busy exploring what the game has to offer and reporting bugs. With the full mainnet launch slated for…

Qualcomm CEO States Metaverse Will Be a ‘Very Big’ Opportunity โ€“ Metaverse Bitcoin News

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Qualcomm, one of the largest fabless mobile chip makers, is very optimistic about the future of the metaverse and what it might bring for companies and consumers in the area. Qualcomm CEO Cristiano Amon believes that, while there is much to do in the development space, this development is real and will bring a very big opportunity for the people involved. Qualcomm CEO Talks Future of Metaverse Hardware companies are starting to view the recent metaverse push in the software industry as an interesting market for them to…

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