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Crypto News

China intends to airdrop the digital yuan to stimulate its pandemic-ravaged economy

Jeet Adhvaryu May 31, 2022 0
China's city of Shenzhen, with the assistance of a lottery scheme, has chosen to distribute 30 million digital Chinese Yuan (e-CNY) in red envelopes. In the midst of a pandemic-ravaged economy, this measure will be implemented in an effort…
Crypto News

Mirror Protocol Is Presently Vulnerable to Exploit

Jeet Adhvaryu May 31, 2022 0
According to reports, Mirror Protocol has lost as much as $2 million and is in danger of losing much more.A few days after Mirror was found to have been hacked for over $90 million seven months ago, the protocol looks to be the victim…
Crypto News

According to industry experts, market-cleansing bear cycles are beneficial

Jeet Adhvaryu May 30, 2022 0
While the crypto bear market may be frightening to some, it really presents traders with more prospects for development and profit than a bull market does.Even if crypto markets are clearly in a negative state, some industry insiders…
Exchange News

Binance Will Strengthen KYC Controls and Sanctions Enforcement Through New Tech Partnerships

Jeet Adhvaryu May 30, 2022 0
As part of its ongoing effort to strengthen its client identification and sanctions enforcement procedures, the global crypto exchange Binance has announced new collaborations with technology firms.To keep out criminal actors and…
Blockchain News

TRON may surpass Binance Chain in terms of total value while being anchored in DeFi

Jeet Adhvaryu May 30, 2022 0
In terms of total value locked, DefiLlama data shows that TRON is presently the third biggest blockchain, following only Ethereum and the BSC (BNB). As of this writing, TRON has a total value locked of $5.8 billion, which is close to the…
Bitcoin News

Bitcoin’s and Gold’s Market Capitalizations Could Be Equal Since They Serve the Same…

Jeet Adhvaryu May 29, 2022 0
In addition, the Fortune team's analysis predicts that the combined market capitalization of Bitcoin and Gold will ultimately equalise since they both serve the same objective.As indicated in the following statement, the market value…
Adoption News

Luxury fashion house Balenciaga will accept payments in Bitcoin and Ethereum

Jeet Adhvaryu May 29, 2022 0
Bitcoin and Ethereum will soon be accepted as payment options by the 103-year-old fashion brand Balenciaga.Founded in 1919 by Spanish designer Cristóbal Balenciaga in San Sebastian, Spain and later purchased by Kering, Balenciaga is a…
Crypto News

Crypto payments may be permitted in the future by Russia

Jeet Adhvaryu May 29, 2022 0
The Central Bank and the Ministry of Finance have yet to agree on how to regulate cryptocurrency, despite the fact that the Russian government wants to use it for international payments.In an effort to thwart the effects of Western…
Crypto News

Mexicans Can Now Purchase Tether’s New Stablecoin

Jeet Adhvaryu May 28, 2022 0
Forty percent of Mexican enterprises are considering the use of blockchain technology, and Tether has announced the launch of a new peso-backed stablecoin on the Ethereum, Tron, and Polygon platforms.Stablecoin USDT escaped through the…
Bitcoin News

The former Greek finance minister says that replacing fiat money with Bitcoin would be “a…

Jeet Adhvaryu May 28, 2022 0
Cryptocurrencies have been more popular throughout the globe, and their decentralised structure has been cited as a way to gain greater independence from political control.Yanis Varoufakis, a former Greek Finance Minister, spoke with…
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