Author: admin
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Grayscale Investments’ Diversified Cryptocurrency Fund Now an SEC Reporting Company
Grayscale Investments now has three SEC reporting funds, with the newest addition being the Digital Large Cap Fund. The company has also filed to make three other funds SEC reporting companies. Grayscale Investments, the world’s largest crypto asset manager, made two announcements Monday. The first was that the registration statement on Form 10 filed with…
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The Schumpeterian Bitcoin Cycle
There are countless elements in Bitcoin that structurally instill the process of Schumpeterian creative destruction into its ecosystem. Bitcoin embodies Schumpeterian creative destruction. Bitcoin also behaves like a physical natural resource, with unique differences that make it a driving force for effecting fundamental change, much like gold, oil or electricity has done. Bitcoin goes through…
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Ripple insists on deposing former high-ranking SEC official as part of XRP lawsuit
Ripple Labs, the blockchain company behind the XRP token that is currently locked in a $1.3 billion legal battle with the U.S. Securities and Exchange Commission (SEC), has rescheduled the deposition of William Hinman, the SEC’s former director of Division of Corporation Finance, to July 19, according to court filing published last Friday. “Mr. Hinman’s…
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Interview: Stories And Bitcoin With Nelson Chen
Casey Carrillo sat down with Nelson Chen to discuss how stories convey important ideas and thoughts, and how this relates to Bitcoin. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google Libsyn Overcast In this episode of Bitcoin Magazine’s “Meet The Taco Plebs,” I was lucky enough to sit down with one…
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Payments Provider Clear Junction Stops Processing Payments for Binance
On Monday, the global payments solutions provider Clear Junction announced it ceased processing transactions for Binance. The move by Clear Junction was brought on by the Financial Conduct Authority’s (FCA) recent warning, according to a blog post written about the decision. Clear Junction Ceases Processing Payments for Binance Citing the Recent FCA Warning The Financial…
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Panther Protocol and StackOS Partner to Bring Privacy to DeFi and NFTs
PRESS RELEASE. Panther Protocol has joined forces with StackOS, a decentralized cloud protocol, to deliver privacy and data protection tools. As a meta-protocol focused on end-to-end privacy for any digital asset, Panther is of great interest to virtually all DeFi users looking to benefit from personal financial data protection and confidential cryptocurrency transactions. Panther zAssets…
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Bitcoin Has Been Profitable For 96% Of Its Life
Bitcoin has been lower than the approximate current price of $34,000 for a whopping 96% of its life. Last Week In Bitcoin is a series discussing the events of the previous week that occurred in the Bitcoin industry, covering all the important news and analysis. Summary As more and more institutional investors jump aboard and…
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ChainSwap saga: Platform hit again; MATTER, ROOM, others tank; compensation plan announced
On Saturday, a hacker attacked the cross-chain decentralized finance (DeFi) platform ChainSwap (ASAP), exploiting a critical vulnerability in its smart contract. Roughly nine days after its latest exploit, which resulted in losses of around $800,000, the project got drained for a significantly larger sum as more than 10 tokens have been impacted. ChainSwap hacker Many…
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Incoming Squeeze? Bitcoin Shorts on Bitfinex Spike, BTC Long Positions Tap Fresh New Highs
The entire market capitalization of all 10,800 cryptocurrencies in existence is down 2.8% on Monday as bitcoin has lost over 2.4% during the last 24 hours. Meanwhile, bitcoin shorts are rising again after bitcoin shorts tapped a two-year high on the derivatives exchange Bitfinex on June 25. Bitcoin Shorts Climb Higher Bitcoin (BTC) and digital…
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Social NFT Project Nifty’s Raises $10M, Partners With Entertainment Giant Warner Bros
The Miami-based Nifty’s, Inc. announced the launch of the project’s website which aims to reveal a non-fungible token (NFT) social platform focused on gathering mainstream attention. The company has also revealed it raised $10 million in a seed round from well-known investors like A&T Capital, Polychain Capital, Ethereal Ventures, Liberty City Ventures, Dapper Labs, Topps,…