IoTeX ‘MachineFi’ rebrand backs 200%+ rally to a new all-time high
IOTX price hits a new all-time high after the project shifts its focus to “MachineFi”, NFTs and decentralized finance. Go to Source Powered by WPeMatico
Month: November 2021
Tether launches Synonym to boost Bitcoin adoption through Lightning Network
The new venture is pursuing hyperbitcoinization by combining the Lightning Network’s speed with the architecture of an open peer-to-peer platform. Go to Source Powered by WPeMatico
US Justice Dept is selling $56M in crypto to compensate victims of BitConnect’s fraud
“This liquidation is the largest single recovery of a cryptocurrency fraud by the United States to date,” said the Justice Department. Go to Source Powered by WPeMatico
Big Four Accounting Firm Deloitte Forges Partnership With Ava Labs to Leverage Avalanche Blockchain
On Tuesday, one of the Big Four accounting organizations, Deloitte announced a strategic partnership with Ava Labs, the team behind the blockchain network Avalanche. According to the announcement, Deloitte’s new cloud-based platform leverages Avalanche in order to “improve security, speed and [the] accuracy of Federal Emergency Management Agency reimbursements.” Deloitte to Utilize Avalanche Protocol to … Read more
Ripple outlines possible regulatory framework for crypto industry in US
Innovation sandboxes, applying existing frameworks on crypto, and communication between the public and private sectors were included in Ripple’s suggestions. Go to Source Powered by WPeMatico
3 reasons why traders want to buy the Bitcoin price dip to $58.5K
BTC is retesting major support and resistance zones and analysts believe that the long-term outlook remains bullish if Bitcoin can close above $63,000. Go to Source Powered by WPeMatico
As the Dollar’s Purchasing Power Drops, Janet Yellen Stresses ‘Pandemic Calls the Shots’ for the Economy, Inflation
Inflation has continued to make the price of goods and services in America rise as the U.S. dollar’s purchasing power is not what it used to be. Meanwhile, the Obama administration’s former economic advisor, Larry Summers, recently told the press that “We’re going to see inflation of a kind we haven’t seen in 30 years.” … Read more
Brave launches browser-native crypto wallet to combat fake extensions
Brave Browser challenges wallet providers like MetaMask by introducing a native crypto wallet built into the browser. Go to Source Powered by WPeMatico
The power of cheap transactions: Can Solana’s growth outpace Ethereum?
Solana has grown nearly 13,000% year-to-date and while adoption has been increasing, there may be more than meets the eye. Go to Source Powered by WPeMatico
Federal Reserve Governors Don’t See Reason to Issue Central Bank Digital Currency
At least three Federal Reserve governors have said that they do not see a reason for the Fed to issue a central bank digital currency (CBDC). The Fed is currently putting together a report on a digital dollar to be released in the near future. Fed Governors Doubt Need for Digital Dollar Federal Reserve Governor … Read more