Day: June 15, 2022

Russia Developing Sandbox for Cross-border Crypto Payments – Bitcoin News

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An institute facilitating Russian exports is now working on the establishment of a sandbox for international crypto payments, local media reported. The goal is to identify potential regulatory and technological challenges for settlements with digital assets. Russia Prepares to Test Crypto Payments for Exports in Dedicated Sandbox The Russian Export Center (REC), which is a state-run institute tasked to support Russia’s exports, is now considering the employment of digital currencies as an alternative approach to international settlements under sanctions. The organization believes that setting up a “cross-border digital sandbox” is…

Vitalik Buterin shares his thoughts on non-financial use-cases for blockchain

Vitalik Buterin, co-founder of both Ethereum & Bitcoin Magazine, took to Twitter to share his thoughts on non-financial use-cases for blockchain technology. In a paper titled “Where to use a blockchain in non-financial applications?”, Buterin expressed a growing interest in using blockchain technology outside of the financial industry. He noted that while other industries have been slow to adopt the technology, he can “see the value of blockchains in many situations.” Where to use a blockchain in non-financial applications?https://t.co/T6jlAzCvew Big thanks to @pujaohlhaver @shreyjaineth for review! You should also check…

Large Bitcoin liquidations mean one man’s pain is another man’s pleasure — Time to buy the dip?

Bitcoin (BTC) has been unable to restore the $24,000 support since Celsius, a popular staking and lending platform, paused withdrawals from its platform on June 13. A growing number of users believe Celsius mismanaged its funds following the collapse of the Anchor Protocol on the Terra (LUNA; now LUNC) ecosystem and rumors of its insolvency continue to circulate. An even larger issue emerged on June 14 after crypto venture capital firm Three Arrows Capital (3AC) reportedly lost $31.4 million through trading on Bitfinex. Furthermore, 3AC was a known investor in…

MetaMask warns of security vulnerability from older versions of popular crypto wallet

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On Wednesday, MetaMask said that it uncovered a critical security vulnerability in older versions of its crypto wallet with the help of security researchers at Halborn. The security firm was awarded a bounty of $50,000 for the discovery.  For users of the MetaMask extension before version 10.11.3, three necessary conditions would have led to the potential vulnerability. They are: (1) an unencrypted hard drive, (2) having imported a secret recovery phrase into a MetaMask extension on a device that was compromised, stolen, or has unauthorized access, and (3) having used…

Ethereum Pulls Darth Maul, ETH Price Recovers 10% In One Hour

Data from Coingecko, at the time of writing, records a slight recovery for Ethereum and large cryptocurrencies. The second crypto by market cap has been trending to the downside over the past weeks and was seeing briefly breaking below $1,000 on certain venues. Related Reading | TA: Ethereum Could Resume Decline Below $1,100, Bears In Control At the time of writing, Ethereum (ETH) trades at $1,180 with a 35% loss in the past 7-days. According to economist Alex Krüger, ETH’s price records a 20% loss and 20% profit during today’s trading…

Michael Saylor – "The LOWER Class WON'T Survive This Coming CRASH…" | Bitcoin News | Crypto

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Michael Saylor -“The LOWER Class WON’T Survive This Coming CRASH…” | Bitcoin News | Crypto Currencies ($) Michael Saylor is an American entrepreneur and the CEO of Microstrategy. He is one of the most well-known figures in the Bitcoin community, and in the news today. He knows everything there is to know about the current cycle, and selling Bitcoin. In the latest Bitcoin news, Saylor will give his update today. He’ll go over in this latest interview why he thinks Bitcoin is…

Tron Falls Sharply As Sun Scrambles To Save Stablecoin

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Tron price momentum faded over the weekend, and the price has dropped by more than 40% since then. The cryptocurrency is presently having difficulty gaining traction. Tron Falls AS USDD  Depegs TRX has dropped 19% and is now trading at $0.05, its lowest level in 15 months. In the last 24 hours, the token has also been the worst performer among the top 50 cryptocurrencies. The token’s weakness follows the loss of the USDD algorithmic stablecoin’s dollar peg, despite founder Justin Sun’s repeated efforts to keep the peg. In the…

Binance, Kraken y Polygon aceleran contrataciones en respuesta a despidos masivos en la industria

Un vocero de Binance dijo que la empresa tiene abiertas más de 2.000 posiciones, con su sitio de búsquedas laborales mostrando puestos disponibles en Europa, Asia, América del Sur, África y el Medio Oriente. “Vamos a continuar haciendo crecer nuestro equipo como lo habíamos planeado y veremos este momento como una oportunidad para ganar acceso al mejor talento de la industria”, dijo Changpeng Zhao, CEO de Binance, en un comentario compartido con CoinDesk. Source