Day: August 19, 2022

Korea’s ‘poop-coin’ project got flushed in February, inventor reveals

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The South Korean government has put the lid on a science program that created toilets designed to turn human waste into electricity, heat, and digital currency. The Science Walden project was revealed in July 2021 to the amusement of the crypto community and the wider public alike — introducing the “BeeVi” toilet which turned human excrement into methane gas and rewarded its “depositors” with a digital currency called Ggool. Speaking to Cointelegraph, Science Walden lead, and Professor Cho Jae-weon however revealed that in February this year, further development of the…

Ethereum Uptrend Vulnerable Unless It Surges Past $1,900

Ethereum extended losses below the $1,820 support against the US Dollar. ETH could decline further if it fails to start a recovery wave above the $1,900 level. Ethereum started a fresh decline and traded below the $1,900 level. The price is now trading below $1,880 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,880 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if there is a clear move below the $1,800…

Coinbase Rally Ending SOON! 📉 Here's How We'll Trade It | Tech Stock Options Trading

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The tastytrade crew gives you their options trade ideas for the day! 00:00 Stock Market Live Update 12:25 Square Earnings Put Options 14:29 Coinbase Post-Rally Options Setup 18:08 XLU Vertical Spread Strategy 26:03 Real-Time Tech Stock Options Strategies Mike sells a put in SQ for earnings Nick buys a put diagonal spread in COIN to fade the recent rally Katie buys a put vertical spread in XLU Tune in to learn more and a live Q&A as well! ======== tastytrade.com ======== tastytrade…

‘Programmable money should terrify you’ — Layah Heilpern

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Government controlled “programmable money should terrify you”, says social media influencer and TV Host Layah Heilpern, who sees central bank digital currencies (CBDCs) as a way for banks and governments to reign control over their people. In an interview on Aug. 19 with British news outlet GB News, Heilpern, who also released Undressing Bitcoin: A Revealing Guide To The World’s Most Revolutionary Asset in September 2021, said the widespread rollout of a central bank digital currency (CBDC) from nation states is on its way, and that it could lead to…

Fortnite developer supports Animoca subsidiary’s blockchain racing game

Australian indie game developer Grease Monkey Games, a subsidiary of Animoca Brands, has received received financial support from video-game giant Epic Games to develop a new blockchain-based motorsport game Torque Drift 2 Receiving an Epic MegaGrant from the Fortnite developers, the funding will be used to develop the motorsport title, which is based on drifting. The Unreal Engine is a 3D computer graphics game engine developed by Epic Games, which has been used in many industries after it was first showcased in the 1998 game Unreal.  According to an Aug.…

Philippine Regulator Warns the Public of Engaging With Foreign Crypto Service Providers – Regulation Bitcoin News

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The central bank of the Philippines, the primary regulator of the country’s crypto sector, has warned investors about engaging with unregistered and foreign crypto service providers. They “may present additional challenges on enforcing legal recourse and consumer protection and redress mechanisms for local customers, among others,” the regulator said. The Philippine Central Bank’s Crypto Warnings The central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP), issued a public warning Tuesday regarding unregistered and foreign crypto service providers. In the Philippines, the central bank is the primary regulator of the…

85% Bitcoin crash to $10k? Richard Heart now has this update to his call (Pt. 1/2)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This is part 1 of a two-part interview. Watch part 2 here, which is on HEX’s staking method, Celsius, Luna, and Heart’s responses to viewer questions: Richard Heart, Founder of HEX, talks about the economy, Bitcoin, and HEX with David Lin, Anchor and Producer at Kitco News. He also discusses the problems with institutional crypto and fiat currencies, and whether Bitcoin can survive a possible recession. Follow David Lin on Twitter: @davidlin_TV ( Follow Kitco News on Twitter: @KitcoNewsNOW ( Follow Richard…

Robinhood lands steep 60% discount on $170M exchange acquisition: Report

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Stock and crypto investment platform Robinhood has reportedly scored a 58% cut on its $170 million offer to buy crypto exchange Ziglu due to adverse market conditions. The initial offer from Robinhood came in April, however according to various reports online around Aug.17, the company revised its offer to $72.5 million after citing adverse market conditions. Ziglu CEO Mark Hipperson reportedly accepted the offer on Aug. 18. Robinhood is said to have highlighted a host of factors including the bear market, the implosion of several major centralized crypto lenders BlockFi,…

Bitcoin Price Showing Early Signs of Fresh Downtrend, But $22.5K Is The Key

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Bitcoin declined further below the $23,000 level against the US Dollar. BTC is moving lower and remains at a risk of more losses if it breaks the $22,000 support. Bitcoin extended losses and declined below the $23,200 support. The price is now trading below the $23,500 level and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $23,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend losses if there is a clear move below…