Cryptocurrency

Vasil Upgrade Goes Live: ADA Now ETH’s Worthy Competitor 

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ADA (Cardano) responded to its detractors with a globally longed Vasil Upgrade as it appears to add more projects to its Network with enhanced capabilities shortly after moving to the PoS (Proof of Stake). ADA’s Vasil Upgrade becomes live as groups watch with nervousness and anticipation on the 22nd of September 2022. Cardano made its … Read more

Carbon Neutral ETP Set To Be Available On Stock Market

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A subordinate decentralized finance tech to present a financial product concentrated on the Environment, Bitcoin’s carbon Neutral ETP. Valour, an auxiliary Decentralized Finance tech, set to its latest Carbon Neutral Bitcoin ETP (Exchange Traded Product) on the stock exchange platform of Frankfurt. The 23rd of September is the scheduled date for the start of the … Read more

ETH Suffers Over $15 Million Loss, Dropping 10% Against BTC

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Economic variables and authoritarianism issues exert pressure on the after-merge Ethereum price. The merging of Ethereum, scheduled to occur on the 15th of September 2022, happens to be an event that will continue as it turns out to be a “buy the rumor, sell the news” event.  After the merge, it was observed that ETH … Read more

Coinbase Gains Netherlands Central Bank Operation Approval

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Coinbase, a United States based cryptocurrency exchange company, got approval to operate in the Netherlands by the Central Bank of Netherlands, De Nederlandsche Bank. Coinbase, a prominent crypto exchange company in the United States, furthered its expansion mission across Europe as it earned its recent approval for operation in Holland.  On the 22nd of September … Read more

Tether Compelled to Document Its USDT Backing by New York Judge

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A New York court agreed with the plaintiffs’ demand to provide significantly important documents that would aid the fraud case. A New Court Order A judge in the US district court in Southern New York, Justice Katherine Failla, has ordered Tether to provide evidence for 1-to-1 support of its stablecoin, the Tether. The court now … Read more

ETHPoW Token Surges By 30% As Binance Finishes Distribution 

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On September 20th, Binance announced on Twitter that it has finished distributing EthereumPoW tokens to holders. Meanwhile, the token has increased by over 30% After crashing last week. ETHW Increases By Over 30%  This announcement by Binance is perhaps responsible for the 30% hike in the token’s price. ETH PoW (ETHW) has been trading in … Read more

Thailand Bans Crypto Lending and Staking Services

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Thailand’s Security and Exchange Commission is finalizing preparations to ban crypto service providers from providing lending and staking services to crypto users in the country. According to local media in the country, the financial regulator is starting to clamp down on crypto asset service providers on the back of the collapse of crypto lending firms … Read more

ECB Picks Five Firms To Develop Digital Euro Prototype

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According to a Friday statement, the European Central Bank (ECB) has selected five firms to assist in developing user interfaces for a future digital Euro. The ECB intends to conduct experiments to see how effectively the technology underpinning the digital Euro can combine with the user interface design built by enterprises. Amazon Among Companies Chosen … Read more

Huobi Signs MoU With Busan For Blockchain Development

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Crypto firm Huobi Global and its South Korean subsidiary, Huobi Korea, have penned an MoU (Memorandum of Understanding) with the government’s assistance. Huobi will help the city to develop its blockchain ecosystem.  Huobi To Help Develop Busan’s Blockchain Infrastructure  On Wednesday, Huobi Global announced that it had entered a partnership with Busan in South Korea. … Read more