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News and Articles by Diana



Andrew Bailey

Bank of England governor confirmed his attitude towards BTC

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Bank of England Governor Andrew Bailey is still extremely skeptical of Bitcoin. Last Monday, October 12, the head of the Central Bank at one of the events expressed concerns about the growing popularity of cryptocurrency. Bailey recalled that the use of BTC as a payment instrument poses threats to...

Ledger

Ledger passed data control system security audit

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The French company Ledger, a manufacturer of cryptocurrency hardware wallets, has received an audit opinion regarding the security of data control systems (System and Organization Controls, SOC). According to the press release, the audit was conducted by the New York-based company Friedman. This...

Bitcoin will benefit from Joe Biden's election as President

Bitcoin will benefit from Joe Biden's election as President

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If the Democratic candidate Joe Biden becomes the president of the United States, then the phase of mass adoption of bitcoin will begin. They published a report later this week, which also says that if Biden wins the election, the likelihood of Bitcoin ETF approval is high. If a new team comes to...

Bitcoin

Bitcoin network continues to expand rapidly

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The number of addresses with non-zero balance continues to grow in the Bitcoin network. That is evidenced by the latest data from the Glassnode service. In the middle of this week, it became known that 3.141 million wallets own 0.1 BTC or more. If you look at the graph provided by analysts, you...

BitMex

BitMEX CTO released on $ 5 million bail

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Samuel Reed, co-founder and CTO of the BitMEX crypto derivatives exchange, was released on $5 million bail. Reed was arrested in Massachusetts on October 1. The US Department of Justice has opened a criminal case against Reed and other BitMEX executives for violating bank secrecy laws and...

Bitcoin

Willy Woo predicts Bitcoin rally to resume in 2021

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In the fourth quarter of 2020, Bitcoin is expected to strengthen, but a large-scale expansion will begin next year. So says famous analyst Willie Wu, who posted on Twitter a series of posts in which he analyzed the medium-term prospects of the largest digital currency. The cryptocurrency market is...

Pantera Capital

Pantera Capital wants to enter the DeFi market

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The management of the hedge fund Pantera Capital plans to enter the DeFi decentralized finance market soon. That was stated by Joey Krug, representing the investment division of the fund. He noted that at present, the lion's share of Pantera Capital's portfolio is concentrated in bitcoin. However,...

Justin Sun

Justin Sun spoke about the development of DeFi on the Tron

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During a speech at the LA Blockchain Summit, Justin Sun stated that Tron is the best blockchain for Decentralized Finance (DeFi) protocols, most of which run on Ethereum today. “We are building the same DeFi ecosystem as Ethereum,” Sun said. “Tron has its version of all broadcast products....

Hashrate

Ethereum hashrate has grown by 80% since early 2020

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The computing power on the Ethereum network has been growing steadily since January 2020. According to the Glassnode team, the hash rate jumped 80% in the first nine months of this year, exceeding 250 terahesh per second (TH / s). Researchers have linked the record high miner activity to the...

MetaMask

Monthly active users of the MetaMask wallet has exceeded 1M

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The number of monthly active users of the MetaMask Ethereum wallet from ConsenSys exceeded the 1 million mark for the first time. The explosive growth of the MetaMask user base is associated with the boom in Decentralized Finance (DeFi) in 2020. MetaMask users have tripled since February, while the...

OTC

What is OTC trading?

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Bitcoin trading is not only about making deals by amateurs on great crypto exchanges. OTC trading plays an influential role in the life of the coin market. OTC stands for Over-the-Counter, in literal translation - bypassing the counter / past the counter. Mostly big players are involved in it, that...

China

China's CBDC has been used in transactions worth $162M

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The People's Bank of China (PBOC), the country's central bank, has already conducted pilot digital currency transactions (CBDC) worth 1.1B yuan (~ $ 162 million). That was announced by the deputy head of the NBK Fan Yifei at the virtual conference Sibos 2020 organized by SWIFT. As of the end of...

Digital Euro

The digital euro will be used not only in the eurozone

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The European Central Bank expects that the digital euro (CBDC) will be used not only in the European Union but also in other countries. That is stated in the report of the regulator, published at the end of last week. It also notes that research into the creation and application of CBDCs will...

Bitcoin

Bitcoin volatility eases to 23-month low

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The Bitcoin Volatility Index fell earlier this month to its lowest level since November 2018. Last Sunday, the BTC volatility index fell to 0.028 points. Last week, the largest digital currency fell below $ 10,500. Analysts linked the weakening of bitcoin to the attack of American regulators on the...

Etoro

eToro announces staking for Cardano and TRON

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Crypto investors Cardano and TRON using the eToro crypto exchange will be able to earn interest on their investments, according to the company. For example, if staking generates a 6% ROI, investors will earn 4.5% to 5.4% on their crypto holdings. The exact quantity that investors will gain depends...

Bitfinex

Bitfinex plans to offer 6.2% for holding BTC, ETH, and XRP

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Cryptocurrency exchange Bitfinex, in partnership with the Celsius Network platform, will provide its users with the opportunity to receive rewards from storing Bitcoin (BTC), Ethereum (ETH), and XRP. According to the press release, starting October 15, Bitfinex customers will be able to create and...

Dash

Dash grew by almost 5% after another network update

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Digital currency Dash in the last 24 hours has risen in price by almost 5% to $ 70.6 after the developers reported on a successful network upgrade. Altcoin capitalization now exceeds $686.86 million. The Dash Core Group team on September 30 announced the launch of an updated version of the...

Maduro

Venezuelan authorities want to use crypto in foreign trade

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Venezuela decided to finance foreign trade operations in crypto. President Nicolas Maduro said that, first of all, Caracas wants to expand the use of the national crypto Petro. In addition to Petro, the government can use other digital currencies if necessary. The corresponding bill has already...

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