Day: September 6, 2022

No plans to auto-convert Tether, though that ‘may change’

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Crypto exchange giant Binance has confirmed it has no plans to “auto-convert” Tether (USDT) to Binance USD (BUSD) at the moment, though noted that this “may change.” On Sept. 6, the crypto exchange surprised the market with the announcement it will cease trading support for U.S. dollar-pegged stablecoin USD Coin (USDC) on its platform, along with USDP Stablecoin (USDP) and TrueUSD (TUSD). Any users that are still holding the three stablecoins on Sept. 29 will begin to have their holdings auto-converted to BUSD at a 1:1 ratio over a 24-hour…

Meta to Open 10 Metaverse Campuses as Part of $150 Million Immersive Learning Project – Metaverse Bitcoin News

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Meta, the metaverse-focused social media company, is helping universities get their own virtual reality campuses online. The company will be opening 10 virtual campuses as part of its Immersive Learning project, which seeks to take education to virtual reality environments. In partnership with Victoryxr, an Iowa-based virtual reality education startup, Meta will invest $150 million in this initiative. Meta Getting Universities Into the Metaverse One of the biggest applications of virtual reality and metaverse technology has to do with education and the possibility of virtual reality classes coming…

Ethereum domain names top Bored Apes on OpenSea’s weekly chart

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Ethereum Name Service (ENS) domain names have surpassed Bored Ape Yacht Club (BAYC) as the most traded asset on NFT marketplace OpenSea over the last seven days — seemingly ahead of the Ethereum Merge.  According to OpenSea data, the weekly volume of the Ethereum domain NFTs eclipsed 2,249 ETH at the time of writing, beating out RTFKT Clone X (1,992 ETH) and Bored Ape Yacht Club (1,777 ETH). ENS domains are a distributed, open and expandable naming system on the Ethereum blockchain that allows users to turn a long string…

भारत और क्रिप्टोकरेंसी | India and Cryptocurrency- IN NEWS I Drishti IAS

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #DrishtiIas#DailyCurrentAffairs#DrishtiIasInNews =̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵ This video covers the following points of this topic- क्रिप्टोकरेंसी और ब्लॉकचेन तकनीक क्रिप्टोकरेंसी को लेकर भारत का पक्ष क्रिप्टोकरेंसी पर कानून लाभ Dear Viewers, In this particular program, we will present a basic and analytical approach on selected news picked from most important events of the day. We hope that our new program will be helpful for you in the wake of the Prelims exam and Mains as well. Thanks. प्रिय व्यूअर्स, इस कार्यक्रम में हम प्रति दिन चुनी…

Ethereum Merge to ‘swamp’ other coins with miners — Mining CEO

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The Ethereum network’s transition from a proof-of-work (PoW) consensus is likely to flood the crypto industry with out-of-work ETH miners, causing severe disruption to all PoW tokens.  Speaking to Cointelegraph, Andy Long, CEO of Bitcoin miner White Rock believes the upcoming Ethereum Merge will force PoW miners to look for greener pastures, such as other PoW blockchains, and thus “swamp” other coins — increasing mining difficulty and reducing profitability, stating: “As GPU miners point their hardware at other chains their difficulty will increase causing lower returns and splitting the reward amongst…

BREAKING BITCOIN NEWS! BLACKROCK startet SPOT BITCOIN FONDS! Crypto News

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Bitcoin Trend Reveals Bad News Ahead for Crypto This Week (Trend Analysis)

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Crypto Assets Become More Mainstream as Hedges Against Weak Currencies, Potential Payment Instruments – Regulation Bitcoin News

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The International Monetary Fund (IMF) published a report stating that crypto assets have gained a “more mainstream presence as speculative investments, hedges against weak currencies, and potential payment instruments.” The IMF has called for a global response to crypto regulation that is coordinated, consistent, and comprehensive. IMF Officials on Crypto Regulation, Mainstream Adoption The International Monetary Fund (IMF) published a report titled “Regulating Crypto: The right rules could provide a safe space for innovation” in the September edition of its flagship Finance & Development magazine. The report is authored by…

Bitcoin Price Holds Strong, Why ETH Could Push BTC Higher

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Bitcoin is consolidating above the $19,500 support against the US Dollar. BTC could start a major increase considering the recent rise in ether. Bitcoin is still trading in range near the $20,000 zone and below the $20,500 resistance. The price is now trading below the $20,000 level and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $19,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a decent increase unless there is a clear…