Day: October 6, 2022

EU Council Endorses Markets in Crypto Assets (MiCA) Legislation – Regulation Bitcoin News

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Council of the EU, one of the European Union’s legislative bodies, has approved the proposed regulatory framework for the European crypto space. It’s now up to European lawmakers to approve the Markets in Crypto Assets package before its final adoption. Comprehensive Crypto Regulation Moves Closer to Adoption in EU The Committee of Permanent Representatives (COREPER) has approved the final version of the Markets in Crypto Assets (MiCA) legislation, according to a document published by the Council of the European Union after a meeting on Oct. 5. The committee is made…

MERGE ETHEREUM: Toda la VERDAD Explicada [Lo Que Va a Significar]

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ¿Qué puede significar el Merge para Ethereum y las criptomonedas? En este vídeo desvelo toda la verdad y lo que no es verdad. -Ultra Sound Money: ► Descuentos y Promociones: ✅ Bitget (Mejor Exchange de Futuros): ¡¡4.163$ en Bonos!! 🏆 Binance (300$ + 20% de Descuento): 🔒 Ledger (La Wallet Que Utilizo): 0:00 – Intro 1:43 – Problemas de Ethereum 3:56 – ¿Qué es The Merge? 6:38 – ¿Bajará los Costos de Transacción? 7:19 – ¿Qué pasa con mis Eth Holdeados? 7:48…

Web3 had a small, yet important presence at Paris Fashion Week

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Paris Fashion Week 2022 consisted of 64 shows and 42 presentations, many of which demonstrated the future of fashion. From the sprayed-on dress worn by supermodel Bella Hadid at the Coperni show to upcycled fresh looks consisting of recycled garments, Paris Fashion Week brilliantly highlighted trends for upcoming seasons.  While the majority of Fashion Week attendees and designers celebrated physical elements — such as in-person fashion shows and tangible designs — a handful of creators incorporated Web3 features to demonstrate fashion’s enormous digital potential. Web3 democratizes fashion Shedding light on…

South Korea Arrests Terra’s Head of General Affairs Yu: Report

The Terra ecosystem imploded earlier in the year, leading to a subsequent market crash and a wave of related bankruptcies. The collapse lead to a worldwide debate on cryptocurrency regulation and stablecoins. Recently, South Korean authorities have issued arrest warrants for Terra co-founder Do Kwon and his inner circle on multiple charges. Source

Crypto Failures Fueled Better Due Diligence

“We saw that in the space with people who were thought to be trusted players,” Nichols said. “Three Arrows Capital was a darling of the hedge fund space … though we saw things happening that were cause for question, a lot of people chose to ignore them. So if you did due diligence and took a responsible approach, you could have seen the issues bubbling up – but because prices were going up, people wanted in.” Source

Polkadot Seeing Lots Of Development Activity As DOT Struggles

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As a result of the new cooperation by Polkadot with the KILT Protocol, the company’s development efforts have been on the rise. The latter announced via its official Twitter account that the protocol is currently functioning as a Polkadot interface. The fact that KILT originally operated as a chain on the Kusama network served as a springboard for their transition to operating as a parachain on the Polkadot network. In addition, KILT stated that they were the first parachain to successfully migrate their whole network to Polkadot. As a result…

Grayscale’s New Venture Aims to Capture Bear Market Opportunities in Bitcoin Mining

The crypto winter has clearly been rough for the miners, who have seen profit margins shrink as bitcoin prices plunged more than 50% this year, while power prices soared and capital dried up. This has directly hurt prices for infrastructures required for bitcoin mining, including the highly specialized computers, which were in high demand during last year’s bull run, driving up prices to all-time-highs, according to an index maintained by Luxor Technologies. Prices for the mining machines have since crashed near their 2020 lows this year and in some instances,…

Ethereum Nears $1,400, as Price Hits 10-Day High – Market Updates Bitcoin News

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Ethereum moved closer to $1,400 on Thursday, as the token rebounded from yesterday’s sell off. The world’s second largest cryptocurrency rose to its highest point in almost ten days during today’s session, as markets were marginally higher. Bitcoin was once again trading above $20,000. Bitcoin Bitcoin (BTC) was once again hovering above $20,000 on Thursday, as markets were boosted by better than expected private payrolls figures. Ahead of tomorrow’s non-farm payrolls report, ADP private sector payrolls came in at 208,000, higher than the 200,000 markets had expected. Following the report,…