No privacy. No property. No prosperity. If you follow the news, you’ve seen the trend — putting legal limits on cash transactions, the emergence of surveillance-oriented, central bank digital currencies (CBDCs), and more recently, crypto mixing platform Tornado Cash being sanctioned by the United States Treasury. There is a new wave of propaganda increasingly demonizing individual financial privacy and “private” cryptocurrencies and protocols. You’ve likely experienced the dystopian push in your own life, as banks and financial institutions demand more and more sensitive, personal information, and freeze your hard-earned money…
Month: August 2022
Indian Exchange CoinDCX Launches DeFi Mobile App, Signaling Shift Towards Web3
Indian crypto exchange CoinDCX has launched Okto, a Decentralised Finance (DeFi) mobile app, Friday, aimed at easing the transition of crypto consumers to DeFi, co-founder Neeraj Khandelwal told CoinDesk. Source AppBitcoinCoinDCXcryptoexchangeDeFiExchangeExchangesIndianLaunchesMobileShiftSignalingWeb3 CryptoX Portal
XRP PERSISTS & Market Enticed Me To BUY MORE CRYPTO TODAY
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Follow me on Twitter: @moonlamboio DISCLAIMER: I am not a financial adviser. None of what I have communicated verbally or in writing here should be considered financial advice; it is not. Do your own research before investing in any digital asset, and understand that investing in any cryptocurrency is inherently risky. If you do, you need to be prepared to lose your entire investment. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Cardano hard fork ‘ever closer’ as upgraded SPOs account for 42% of blocks
Input Output Hong Kong (IOHK), the blockchain company behind the Cardano network says the much anticipated Vasil hard fork is “ever closer” after revealing the state of three critical indicators that will trigger the mainnet update. In a Twitter thread posted on Aug. 25, IOHK shared its latest “rollout status” of the Vasil upgrade to its 265,800 followers, with updates on “three critical mass indicators” which will determine when the mainnet update will go ahead. This includes having 75% of mainnet blocks produced by nodes running 1.35.3, around 25 exchanges upgraded…
Synthetix looks to turn off the SNX money printer once and for all
The founder of decentralized finance (DeFi) protocol Synthetix, Kain Warwick, has submitted a proposal that would turn off very high yield returns for SNX stakers and cap the total SNX token supply at 300 million. The Synthetix protocol allows traders to issue synthetic versions of crypto native assets, traditional financial assets, and commodities on the Ethereum and Optimism networks. In an Aug. 25 Synthetix Improvement Proposal (SIP) Warwick explained that SNX reward inflation was initially intended to “bootstrap the network”, however, he believes it’s no longer necessary as they can…
Xbox boss keen on Metaverse but ‘cautious’ about play-to-earn games
Phil Spencer, the head of Microsoft’s gaming company Xbox is optimistic about the Metaverse but remains “cautious” about play-to-earn (P2E) crypto games due to its economic and speculative aspects. Speaking with Bloomberg anchor Emily Chang on Aug. 25, Spencer suggested that while many gamers are not yet sold on the current concept of a Metaverse, according to his definition, they have essentially been playing in Metaverse worlds for decades: “My view on Metaverse is that gamers have been in the Metaverse for 30 years. When you’re playing games, if you’re…
Singapore’s Central Bank Asks Crypto Firms to Submit Business Data: Report
CryptoX – Cryptocurrency Analysis and News Portal Last month, MAS had asked some digital asset companies for their business related data, including top tokens owned, top lending and borrowing counterparties, amount loaned, and top tokens staked via decentralized finance protocols, according to the report. Original Source The post Singapore’s Central Bank Asks Crypto Firms to Submit Business Data: Report appeared first on CryptoX. CryptoX Portal
Singapore’s Central Bank Asks Crypto Firms to Submit Business Data: Report
Last month, MAS had asked some digital asset companies for their business related data, including top tokens owned, top lending and borrowing counterparties, amount loaned, and top tokens staked via decentralized finance protocols, according to the report. Source
Crypto News Today: Cryptocurrency Tax India Latest Update in Hindi | Crypto Market Crash | WazirX
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cryptocurrency News in Hindi: Cryptocurrency Tax के बाद से Crypto Industry की मुश्किलें बढ़ गईं हैं. India में Crypto Investors परेशान है साथ ही Crypto Exchanges (WazirX, CoinSwitch Kuber, Coin DCX, Bit BNS, ZebPay, Unocoin) भी टेंशन में हैं. Cryptocurrency (Solana, Shiba Inu Coin, Bitcoin Ethereum) पर Tax की वजह से Crypto Trading Volume भी घट गई है. Crypto Exchanges को इससे बड़ा नुकसान हो रहा है. खबर यह भी है की कुछ बड़े Crypto Exchange India छोड़कर अब अपने Projects को…
China Introduces Digital Yuan Payments in Ningbo Subway, Guangzhou Buses – Bitcoin News
Authorities in two Chinese cities are promoting the digital yuan as a payment method in the public transportation system. Commuters on the subway of Ningbo and those taking the bus in Guangzhou will be able to purchase their tickets using the state-issued digital currency. Residents and Visitors of Another 2 Chinese Cities to Pay Transit Fares With Digital Yuan Ningbo Rail Transit, the operator of the subway system in the city of Ningbo in the eastern Chinese province of Zhejiang, has launched payments in digital yuan, the central bank digital…