Blockchain-based technologies, as expressed by cryptocurrencies and other forms of digital assets like non-fungible tokens (NFTs), are beginning to make their presence felt in many different industries. While appearing little different on the surface from other types of digital money, the excitement crypto and NFTs have generated centres around their enabling features in digital transactions, in particular with ownership management. NFTs, in their own right, have attracted a lot of interest over the last two years owing to the way they have allowed for the secure and authenticatable transfer of…
Month: July 2022
Can TikTok BAIL OUT BITCOIN?? (Crypto Rejection High)
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In your nightly crypto news wrap-up, we bring you the top crypto stories. Barry Silbert lawyers up, filing a lawsuit against the SEC for its denial of Grayscale’s ETF application; Binance goes viral–announcing a partnership with TikTok influencer Khaby Lame; and Bitcoin gets thrown out of its latest haunt at 20K! Bitcoin just keeps rejecting the support levels, and dipping lower. The larger macroeconomic factors are causing problems across both the Crypto markets and the broader stock markets. Many investors continue to…
Ghana Ranked as Country With Second-Highest Debt Default Risk Globally – Economics Bitcoin News
According to Visual Capitalist, Ghana is now placed second on its list of countries with the highest default risk in 2022. Only four countries, namely, Ukraine 10,856 basis points (bps), Argentina (4,470), El Salvador (3,376), and Ethiopia (3,035) have a credit default swap spread that is higher than Ghana’s at 2,071 bps. El Salvador Has Highest Default Risk After seeing inflation surge to over 29% in June, Ghana, West Africa’s second-largest economy, is now ranked as one of the countries most likely to default this year, Visual Capitalist’s latest sovereign…
Ethereum’s Kaleido Collaborates With Polygon for Web3 Adoption
For example, if an enterprise customer wants to set up a stablecoin, that might require high gas fees on the Ethereum mainnet to some extent, Cerveny said. A second tier of transactions could use the Polygon mainnet and would incur a smaller fee, he noted. Then there are a large percentage of use cases and transaction loads that need to be zero gas fees, he added. Source
PROOF!!!! Bitcoin Will Bounce From Here! – Bitcoin Chart Analysis
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io I have found proof in the Bitcoin Chart that Bitcoin is close to the bottom or has already bottomed! A News event is also fuelling this narrative. Watch today’s video and see why I believe that we won’t go much lower!!! Stay tuned for more bitcoin price prediction videos and Subscribe 🙏 Let’s go ahead and deep-dive right into this video to know what is going on with the bitcoin price today and to understand the bitcoin whales. GET $8720 IN BONUSES…
Australian regulator trials auto take-down of crypto scam sites
Cybersecurity specialists have welcomed a new trial by the Australian Competition and Consumer Commission (ACCC) to automatically take down scam websites. The trial saw dozens of scam sites, including crypto scams, knocked offline after more than 300 were reported. The ACCC reported that Australians had lost $113 million in cryptocurrency scams last year. The new trial will be in partnership with the Australian Securities and Investment Commission (ASIC) and will focus on efficiently removing scam websites once they have been reported to Australian regulators to protect potential investors from falling victim…
Spanish Bit2Me Buys Peruvian Crypto Exchange, Eyes Targets in Latin America
The purchase of the 85% stake was for more than 1 million euros ($1.022 million), Bit2Me COO Andrei Manuel told CoinDesk, without disclosing an exact figure. Fluyez, operational as of March 2021, will continue being led by Luis Eduardo Berrospi, co-founder and CEO of the company. Source
How to get gamers to accept the integration of NFTs
Crypto research firm Delphi Digital has outlined possible ways in which gamers may accept NFTs as part of their gameplay experience, such as using the tech for additional aspects that don’t impact on the core experience. The lengthy report was published by Delphi Digital on July 20, and explores how non-fungible tokens (NFTs) can be incorporated into games without impacting the core gaming experience or “true competitive play” that gamers tend to value. The report argues that if monetization and NFT elements can be incorporated correctly, gamers might not be…
Crypto use an aggravating factor for sentencing: Aussie court study
Criminals that used cryptocurrency as part of committing a crime are more likely to receive a tougher sentence in Australian courts, a new study has found. The study, titled “Crime and Cryptocurrency in Australian Courts,” published on Monday in the Monash University Law Review, found that the use of cryptocurrency in criminal activity was seen as indicating an increased “degree of planning” and sophistication, leading the court to “consider general deterrence above other sentencing purposes:” “Obtaining and using cryptocurrency for payments does require a greater degree of technical skill compared…
Coinbase Had No Financial Exposure to Troubled Celsius, Three Arrows Capital, Voyager
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