Day: June 3, 2022

Binance Aims To Spread Awareness By Embarking On Cryptocurrency And Blockchain Tour

Binance is intentionally moving to African countries to ensure more awareness and adoption of cryptocurrency assets. Before now, many citizens have started investing in crypto and its related products. As a result, many people already have good holdings of crypto assets. According to Chainalysis data on crypto adoption, some of the top countries leading in Africa include South Africa, Kenya, Tanzania, and the Republic of South Africa. Africa comprises billions of people living in more than 50 countries. The larger population of these countries are youths. By utilizing the available…

02/01/22| Crypto news today | Shiba inu coin news today | Cryptocurrency | Bitcoin news today | BTC

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 02/01/2022| Cryptocurrency news today | Crypto news today | Bitcoin news today | Hindi | Cryptocurrency for beginners In this video, we have covered news from across the Globe. Watch this video and keep yourself updated. Latest Crypto updates latest Crypto News. Cryptocurrency news today Crypto news today Bitcoin news today in Hindi. ===================== New’s Covered in the Video -Eminem Buys Bored Ape Yacht Club Ethereum NFT for $450K. -125 Million SHIB Burned in Past 5 Days, 5.6 Million Destroyed in Last…

How To Earn Passive Income in the Metaverse

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Humanity has always been obsessed with stepping out of the borders of this world into new realms. The Metaverse trend shows no signs of slowing down as Companies such as Facebook create their own, and billions of dollars are invested into the industry. So, why are people interested in it? The Metaverse employs what is known as play-to-earn, where users can accumulate wealth or assets for completing tasks within a Metaverse. This varies with projects as some create a social hub where other more advanced Metaverse environments offer lucrative P2E…

Bulgarian Chief Prosecutor Accused of Willfully Failing to Act Against Onecoin Fraudsters – Regulation Bitcoin News

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The legal representative of victims of the Onecoin bitcoin scam operation, Jonathan Levy, has accused the Bulgarian prosecutor of deliberately failing to take action against Onecoin. The lawyer said due to the prosecutor’s inaction, more victims are losing millions of dollars to the fraudsters. Prosecutor Refusing to Take Action Against Ruja Ignatova’s Mother A lawyer representing victims of the Onecoin bitcoin Ponzi scheme, Jonathan Levy, has suggested that the criminal scheme’s masterminds may be getting protection from the Bulgarian chief prosecutor, Ivan Geshev. In an open letter addressed to Yuliya…

Bitcoin bounces to $30.7K as analyst presents Stock-to-Flow BTC price model rehash

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Bitcoin (BTC) climbed to fresh local highs overnight into June 3 after United States equities cut losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Wall Street provides short-term relief Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining steadily to hit $30,670 on Bitstamp before consolidating. The mood among stocks was more solid during the June 2 session, with the S&P 500 reclaiming the majority of its lost ground over the past month. The Nasdaq Composite Index ended up 2.7%. Analyzing the crypto market cap compared to the Nasdaq,…

Introducing Collateral-free NFT Renting and First Rent-to-Earn Tool

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With the total value locked in GameFi crossing $28 billion, game development giants the likes of Electronic Arts and Ubisoft are exploring the Play-To-Earn (P2E) space. Originally perceived solely as entertainment, today gaming has transformed into a means of making a substantial profit. It’s now evident that the NFT rental systems will become one of the core instruments of the GameFi and DeFi industry. Yet, the nascent industry still lacks an aggregator that would connect members of the GameFi ecosystem, give brands a better idea of consumers’ intent, lower entry…

CFTC Sues Crypto Exchange Gemini for Sharing Misleading Information

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Winklevoss-twins-owned Gemini is at the firing line of the US regulator. The Commodity Futures Trading Commission (CFTC) has sued the crypto exchange for allegedly misleading the regulator when gaining approval for a Bitcoin futures product in 2017. According to the CFTC, which filed a complaint in a New York court, Gemini Trust Company, LLC (Gemini) provided “false or misleading statements of material facts or omitting to state material facts” to the regulator. Gemini’s Bitcoin future, which it launched in December 2017, proposed a price-settlement technique determined by an auction on…

How Will Blockchain Revolutionize Communication

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Blockchain is the technology that started it all – it’s what makes millions of transactions sent through peer-to-peer cryptocurrency networks every year. And now, it’s making its way into one of the most important parts of everyday life – communication. But what makes blockchain so powerful, and what exactly does it have to do with the way in which we talk to others? What Makes Blockchain Powerful Cryptocurrency networks decide on the true state of their blockchains using consensus mechanisms, processes that verify the legitimacy of data stored within blocks…

New York State Senate passes Bitcoin mining moratorium

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The New York State Senate approved a controversial proof-of-work (PoW) mining ban bill that would prohibit any new Bitcoin (BTC) mining operations in the state. The PoW mining ban bill was first passed by the state assembly in April last month. It aims to prohibit any new mining operations in the state for the next two years. Now, the bill is headed for the governor’s office, which once approved, would make New York the first state in the United States to place a moratorium on cryptocurrency mining. Status of the…

Vitalik shows support for Optimism’s governance structure and OP gas proposal

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Ethereum co-founder Vitalik Buterin has shown support for Optimism’s new governance structure, noting that proposals such as using the OP token for gas fees shows “explicit representation of non-token-holder interests.” The Ethereum layer-2 scaling solution deployed the first round of its long-awaited OP token airdrop on June 1 as part of its new governance project the “Optimism Collective.” Optimism’s new governance structure involves two parties dubbed the “Token House” and “Citizens’ House.” The former is composed of OP governance token holders and the latter consists of “soul-bound” non-transferrable citizenship NFT…