Day: September 1, 2022

Blockchain firms fund university research hubs to advance growth

The demand for organizations to adopt blockchain technology is growing rapidly. Recent findings from market research and advisory firm Custom Market Insights found that the global blockchain technology market size was valued at $4.8 billion in 2021, yet this amount is expected to reach $69 billion by 2030. While notable, it’s become critical for the industry to enable rigorous research into the development of the blockchain sector.  Tim Harrison, vice president of community and ecosystem at Input Output Global (IOG) — the developer arm behind the Cardano blockchain — told…

BTC Drops Below $20K Ahead of Friday’s NFP Report – Bitcoin News

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Bitcoin once again slipped below $20,000, as market uncertainty rose ahead of Friday’s Non-farm payrolls report. Tomorrow’s payrolls are expected to come in at 300,000 jobs, which is lower than July’s 528,000 figure. Ethereum also declined, as the price moved away from the $1,600 region. Bitcoin Bitcoin (BTC) briefly fell below $20,000 on Thursday, as crypto traders began to anticipate tomorrow’s non-farm payrolls report. Following an additional 528,000 jobs in the U.S. economy in July, last month’s figure is expected to show an increase of 300,000. Ahead of the report…

5 Ways To Make Money/ Earn Sats Using The Lightning Network

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Earning sats for the first time is a magical experience and NewsBTC is here to guide you through it. The Lightning Network gave bitcoin real micro-transactions with extremely low fees. That opened up new avenues for the bitcoin network to expand through, avenues that the world is just beginning to explore. In the following text, we will present five projects that pay their users or allows them to get tips from the community. In sats, using the Lightning Network. Unlike most altcoins, bitcoin is truly scarce, has a hard total…

DeFi can take a hint from traditional finance to lower risks, says ex-Morgan Stanley exec

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The decentralized finance (DeFi) ecosystem scored another win against traditional finance, often called TradFi, with a former Morgan Stanley executive launching a DeFi protocol. Kevin Lepsoe, the former head of structuring for Morgan Stanley, aims to deliver an institutional fixed income scheme that offers fixed and floating rates with his new project named Infinity Exchange. According to Lepsoe, his new project will allow DeFi traders to “implement arbitrage, pull liquidity from other protocols and hedge their futures rates basis risk positions.”  The DeFi market is known for its volatility and,…

Advisors Need to Refine Their Definition of Crypto

Crypto and digital assets are full of new technological terms and jargon that might be daunting or confusing to advisors and clients. For that reason, having some basic, clear definitions of crypto terms might be helpful when answering client questions and serve as a foundation for an advisor’s further incursions into the realm of crypto education. Source

EXPOSED: The Australian mining industry's darkest secret | 60 Minutes Australia

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Subscribe here: Full Episodes: | Lower Than Low (2022) It’s behaviour that really is lower than low. Thankfully in most workplaces around the country, men sexually harassing or assaulting their female colleagues is simply not tolerated. But in the mining industry, it seems that kind of unacceptable conduct is not at all out of the ordinary; it’s the norm. Just as shameful, when the women complain to their bosses, they’re often the ones who end up being fired. Now everyone knows mining…

Potential Ethereum Hard Fork Token ETHPOW Could Trade at $18, Ether Futures Suggest

The value for ETHPOW tokens suggested by futures basis is significantly lower than the price at which IOUs representing the token are currently trading on exchanges MEXC, CoinW, Phemex, Bitrue, and Gate.io. At press time, the ETHPOW IOUs traded at $50, according to CoinMarketCap data. Prices reached as high as $140 early last month, indicating frenzy around the potential hard fork token. Source EtherEthereumETHPOWForkFuturesHardPotentialSuggestTokenTrade CryptoX Portal

US Asked Binance For Documents Related to Money Laundering Probe: Report

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Potential Ethereum Hard Fork Token ETHPOW May Trade at 1.5% of Ether’s Price, Futures Suggest

The value for ETHPOW tokens suggested by futures basis is significantly lower than the price that IOUs representing the token are currently trading at on exchanges MEXC, CoinW, Phemex, Bitrue and Gate.io. At press time, the ETHPOW IOUs traded at $50, according to CoinMarketCap data. Prices reached as high as $140 early last month, indicating frenzy around the potential hard fork token. Source

TRON Volume And Market Cap Down Despite Social Media Hype

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According to recent news reports, Tron (TRX) outperformed both Bitcoin and Ethereum in terms of energy efficiency. TRX social dominance up TRX price down by 2.97% Future trends show TRX to plunge further  Compared to Bitcoin, Tron uses 99.9% less energy (just 162,868 kWh). Being a major issue in the most recent session, crypto mining has been welcome publicity for Tron. The Tron DAO recently tweeted a link to a blog post where they provided an update on some of their on-chain metrics and informed their followers of the exciting…