Day: September 16, 2022

Does Ethereum’s new ETHPoW fork stand a chance? ETHW price falls 65% post-Merge

ETHPoW, a separatist Proof-of-Work (PoW) blockchain forked from Ethereum’s Merge, went live on Sep. 15. However, the chain suffered technical issues after the launch, which put downward pressure on its ETHW token.  ETHW price down 65% amid “ChainID” fiasco The price of ETHW has dropped by 65% since ETHPoW’s launch to around $14 on Sep. 16, according to CoinMarketCap. At its lowest, the token was changing hands for $9.50. ETHW price performance in the past seven days. Source: CoinMarketCap The losses coincided with a technical issues related to ETHPoW’s ChainID.” ChainIDs…

SEC’s Crypto Guidance Pushes US Banks to Rethink Custody Projects: Report

In March, the SEC said all U.S.-listed public companies that function as crypto custodians should account for their crypto exposure as liabilities instead of assets on their balance sheets, and disclose risks associated with those assets to investors. The custody of crypto assets by lenders present unique technological, legal and regulatory risks when compared to other assets, the SEC guidance said. Source

Ethereum PoW Network Sees Complaints on Day 1 Amid Data Goof-Up

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Biden’s Executive Order Produces Few Answers in Crypto Reports From US Treasury

“Nonbanks are increasingly providing payment services, including issuing money (or money-like) liabilities and processing payments. On the one hand, participation by nonbank payments companies may contribute to higher levels of competition, inclusion, and innovation. On the other, if these firms are not adequately regulated and supervised, there may be risks to consumers, the financial system, and the broader economy,” one Treasury report said. Source

The Dust is Settling in the Cryptocurrency Market

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Today, ARK analysts Frank Downing and Yassine Elmandjra and research associate David Puell join the For Your Innovation podcast to provide an update on the cryptocurrency market. Tuning in, you’ll hear all about what the last three months have meant for cryptocurrency, what led to Three Arrows filing for bankruptcy, where we are in the broader cost basis of the market, the state of the current decentralized finance (DeFi) infrastructure, and the biggest learnings from this turmoil. We also discuss how we…

Bitcoin price threatens $19.6K as Ray Dalio predicts 30% stocks crash

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Bitcoin (BTC) attempted to violate local lows on Sep. 16 as the latest cross-crypto downtrend intensified. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView No relief for BTC bulls post Merge Data from Cointelegraph Markets Pro and TradingView showed BTC/USD approaching $19,600 at the time of writing, with buyer support just avoiding a further drop. The level had remained in place as an intraday floor as the Ethereum Merge concluded, only to spark a sell-off, which took Ether (ETH)/BTC toward three-week lows. ETH/BTC 1-day candle chart (Binance). Source: TradingView Amid the gloomy…

Ukrainian Supermarket Chain to Accept Cryptocurrencies Through Binance Pay – Bitcoin News

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Varus, a retailer with over 100 supermarket stores across Ukraine, has partnered with the world’s leading digital asset exchange, Binance, to launch cryptocurrency payments. Customers will now be able to order groceries online and cover the bill through a Binance Pay wallet. Ukrainians to Shop Online From Varus Supermarket Using Crypto Binance, the largest cryptocurrency exchange by daily trading volume, and Ukraine’s supermarket chain Varus have announced a partnership that will allow Ukrainian shoppers to purchase food and other goods online with digital coins. Using the Binance and Varus apps,…

Cardano Blockchain to Stimulate Authenticity and Quality of Georgian Wine

To boost Georgia’s global reputation as a leading wine producer, the Cardano Foundation has partnered with the nation’s wine agency to create a public and flexible trace solution powered by the Cardano blockchain. In a statement, the Cardano Foundation disclosed that the partnership with the Bolnisi Winemakers Association and Scantrust and Georgia’s National Wine Agency would enhance the quality and authenticity of the nation’s wine. Mel McCann, Cardano Foundation’s vice president of engineering, noted: “This collaboration will develop a creative, cost-effective, and flexible certification and traceability system, which will…

10/09/22| Crypto news today | Shiba inu coin news today | Cryptocurrency | luna crypto news |Bengali

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 10/09/2022| Cryptocurrency news today | Crypto news today | Bitcoin news today | Bengali | Cryptocurrency for beginners | luna crypto news In this video, we have covered news from across the Globe. Watch this video and keep yourself updated. Latest Crypto updates latest Crypto News. Cryptocurrency news today Crypto news today Bitcoin news today in Bengali. ===================== New’s Covered in the Video -China Restricts Unauthorized Use Of Digital Works As NFTs -Google Searches For Shiba Inu’s BONE Skyrocket – Shiba Inu…