Month: August 2022

Ethereum Holders ๐Ÿ‘‰ WARNING! + New CPI [Inflation] Numbers = BULLISH for Bitcoin & Crypto!

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io 10 Hour WARNING for Ethereum Holders [Merge News] + New CPI [Inflation Numbers] = BULLISH for Bitcoin & Crypto! Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Introduction (Watch the WHOLE Video) 0:33 – 10 Hours [Ethereum Holders] Merge will be BIG for Ethereum. 2:51 – Ethereum about to RALLY? 3:43 – Crypto Has โ€œFound a Floorโ€ Thanks to Ethereum Merge: JPMorgan 4:26 – Coinbase…

Bitcoin advocate floats BTC as a solution to US student loan problems

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Following United States President Joe Biden’s announcement of a student loan forgiveness plan that aims to cancel the debt of up to $20,000 for millions of Americans, a Bitcoin (BTC) supporter proposed an alternative method to pay off the loans.ย  Dennis Porter, the CEO of the non-profit organization called Satoshi Action Fund, tweeted that there’s another way for the U.S. government to solve the student loan issue. According to Porter, Biden could give each debtor some BTC worth $10,000 and lock it within a smart contract for 10 years. The…

Crypto Mixer Tornado Cash Saga Fuels Protest After Developer’s Arrest

The local decentralized finance (DeFi) community gathered to draw attention to Pertsevโ€™s case and ensure a fair trial. Schicklerย captured interviewsย from some of the attendees of the protest, many expressing concerns about the implications of Pertsevโ€™s arrest to the right of privacy and the future of open source development. Listen to hear the voices of Buzko Krasnov, Elรฉonore Blanc, Naomi Schettini, James Murdza, Rinke and two individuals who wished to remain anonymous. Source

Crypto adoption in Ireland down over 16% in the last year

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The number of crypto investors in Ireland has decreased slightly in the past year, or so it appears, according to recent data from Finder.com.ย  The report revealed that cryptocurrency adoption in the island nation has dropped by approximately 16.6% within the last year. Of the surveyed adult Irish internet users, 10% own cryptocurrency, as opposed to 12% in 2021. Finderโ€™s crypto specialist James Edwards commented that such a small decrease is actually a positive shock given the state of the bear market. โ€œWe saw huge drops in the price of…

Amendments to US commercial code differentiate crypto and โ€˜electronic moneyโ€™

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A joint committee of the United States’s Uniform Law Commission (ULC) and the American Law Institute (ALI) finalized amendments to the Uniform Commercial Code (UCC), regulating the specifics of digital asset transactions and crypto-as-collateral secured financings.ย  The amendments are โ€œrecommended for enactment in all the States,โ€ although each case of final implementation may vary depending on the State.ย  A final draft of the ULC-ALI Emerging Technologies Committeeโ€™s amendments to the UCC was approved during a meeting on July 8โ€“13. The key updates for the crypto industry appeared in Articles 3…

Sanctions, Disagreements Hamper Regulation of Crypto Mining in Russia, Experts Say โ€“ Mining Bitcoin News

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The changing geopolitical and economic environment, as well as persisting differences between responsible government institutions, are hindering the advance of legislation tailored to regulate cryptocurrency mining in Russia. According to a report quoting industry watchers, these factors are halting the advance of the necessary legislation. Two Draft Laws on Mining Await Approval by the Russian Government Despite the latest market downturn, the mining of cryptocurrencies continues to expand in Russia, the crypto page of the Russian business news portal RBC noted in an article. The vast country, which ranked fifth…

ETH whales move holdings onto exchanges before Merge

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Ethereum blockchain is slated for one of the biggest updates since its inception, as it will transition to a proof-of-stake (PoS) mining consensus from its current proof-of-work (PoW) one.ย  The Merge date is scheduled for Sept. 15, after the successful Goerli test net integrationย โ€” the final test net merger before the actual transition. Ether (ETH), the native token, was on a bullish surge after the announcement of the Merge date in July with the ETH price rising to a new six-month high of over $2,000 but failed to consolidate the…

๐Ÿ”ดIs Coinbase in Trouble? | This Week in Crypto โ€“ Aug 1, 2022

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io ๐Ÿ”ฅ Here’s what happened this week in Crypto. For the complete stories visit: 00:21 Voyagerโ€™s Insurance Claims Were False – 00:42 Cathie Wood Dumps Coinbase – 01:03 Multinational Bank to Launch Crypto Trading – 01:20 EU Lacks Crypto Experts – 01:38 Ethereum Classic Jumps 124% – 02:00 Solana Opens Real Life Store in New York – 02:20 Binance to Sell First NFT Soccer Tickets – 02:38 New Blockchain Network Launched by Mercedes – ๐Ÿ“– Join our 7-day Bitcoin crash course absolutely free:…

Siam Commercial Bank Scraps $500M Acquisition Deal of Crypto Exchange Bitkub

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Thailandโ€™s oldest lender, Siam Commercial Bank (SCB) has abandoned the deal to acquire a controlling stake in Bitkub Online, the countryโ€™s largest cryptocurrency exchange Cryptocurrency Exchange A cryptocurrency exchange is an online platform that supports the exchange of various currencies for a cryptocurrency or digital asset.Comparable to a generalized financial exchange, a crypto exchangeโ€™s core function is to permit and encourage the buying and selling of cryptos.This is accomplished by producing a stable trading environment suitable for traders nested through different locations around the world. Sometimes a crypto exchange may…