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17/10/2021

Tesla CEO Elon Musk Says It’s “Not Possible” To Destroy Crypto

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Tesla and Space X CEO Elon Musk Elon Musk believes that it's not possible to destroy crypto within the wake of China’s newest crypto crackdown.

Speaking on the Code Conference in Beverly Hills, California on Tuesday (September 28), Musk instructed viewers members that monetary regulators ought to avoid attempting to hinder crypto adoption.

Musk was requested by New York Times columnist Kara Swisher whether or not the U.S. authorities ought to be concerned in regulating the crypto house. The Tesla CEO stated it was “not possible” for governments to destroy crypto, however famous they might play a task in stymying innovation.

As reported by CNBC, Musk
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16/10/2021

How NFT Photo Sensation Twin Flames Landed at Christie’s – Decrypt

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In transientTwin Flames, an Ethereum NFT pictures collection by Justin Aversano, is in scorching demand.
One of the might be auctioned by Christie’s on Wednesday. Aversano is now constructing an NFT platform for different photographers.
NFTs have introduced blockchain-backed proof of shortage to paintings, social media avatars, video recordsdata, and extra, creating worth for digital objects which have historically been freely shared and downloaded. Now pictures NFTs are on the rise too, and there’s no larger—or arguably, extra highly effective—mission within the house than Justin Aversano’s Twin Flames.
Today, Twin Flames will get a serious showcase within the conventional artwork world when
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How NFT Photo Sensation Twin Flames Landed at Christie's - Decrypt | Click to Get Free Bitcoins Now! - CryptoNFT | Latest News Live

16/10/2021

Facebook Is Spending $50 Million to Build Metaverse—’Responsibly’ – Decrypt

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In transientFacebook will spend $50 million over the following two years on metaverse-associated initiatives and partnerships.
The metaverse refers to shared on-line areas that can be utilized for social interactions, work, video games, and extra.
Facebook co-founder and CEO Mark Zuckerberg said in June that the social media big is on a path to grow to be “a metaverse company.” Now the agency is placing its cash the place its mouth is, revealing plans to spend $50 million over the following two years to assist deliver the metaverse to life.
Today, Facebook introduced the XR Programs and Research Fund, a two-yr initiative to fund each its personal initiatives and exterior analysis because the
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Facebook Is Spending $50 Million to Build Metaverse—'Responsibly' - Decrypt | Click to Get Free Bitcoins Now! - CryptoNFT | Latest News Live

16/10/2021

Vitalik Buterin: El Salvador’s Bitcoin Approach Is ‘Contrary to the Ideals’ of Crypto – Decrypt

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In a shock Reddit submit on Friday, Ethereum co-founder Vitalik Buterin had sturdy phrases for El Salvador's Bitcoin rollout, and particularly President Nayib Bukele for forcing local businesses to settle for the high cryptocurrency.
After a Reddit person on the r/cryptocurrency subreddit posted: "Unpopular opinion: El Salvador president Mr Nayab (sic) Bukele should not be praised by crypto community," Buterin replied: "Nothing unpopular about this opinion. Making it mandatory for businesses to accept a specific cryptocurrency is contrary to the ideals of freedom that are supposed to be so important to the crypto space."
Buterin's submit continued: "This tactic of
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Vitalik Buterin: El Salvador's Bitcoin Approach Is 'Contrary to the Ideals' of Crypto - Decrypt | Click to Get Free Bitcoins Now! - CryptoNFT | Latest News Live

16/10/2021

QChain: Benefits Of Decentralized Storage

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While one of the vital frequent advantages of blockchain and decentralized finance is unarguably a greater, quicker, cheaper, and extra secured monetary system, it isn't the one one. Blockchain has developed a number of use circumstances that optimize day-to-day functioning, equivalent to securing copyright, managing a large-scale operation, and storing information on-line in a decentralized atmosphere.

QChain has come up as a pioneer in decentralized storage because it doesn't retailer consumer information in a single place like typical cloud storage by encrypting and splitting them into components to distribute amongst varied community nodes to make sure the best stage
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15/10/2021

Coinbase Says Malicious Actors Stole Crypto From at Least 6,000 Traders This Year – The Daily Hodl

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Crypto trade Coinbase says that unhealthy actors have stolen crypto belongings from at least 6,000 merchants this 12 months.
In a letter posted on the California Attorney General web site, Coinbase says hackers took benefit of a flaw within the trade’s SMS Account Recovery course of to obtain an SMS two-issue authentication token and acquire entry to the funds, which they then transferred to wallets unassociated with the trade.

The hackers had beforehand secured e-mail addresses, passwords, and telephone numbers related to the impacted accounts, based on Coinbase’s letter.
Coinbase claims no proof has been discovered suggesting that non-public data was taken from the
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Crypto exchange Coinbase says that bad actors have stolen crypto assets from at least 6,000 traders this year.

15/10/2021

Ripple Price Analysis: XRP Plummets Below $1 as 200-day MA Comes Into Play

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XRP/USD – XRP Loses Ground At $1
Key Support Levels: $0.875, $0.8282, $0.8.Key Resistance Levels: $1.00, $1.05, $1.14.
Since the early September flash crash, when XRP fell as low as $0.95 from a excessive of $1.40, XRP had established a strong vary between $1.14 and help at $1.05 (.5 Fib Retracement).
Over the weekend, the cryptocurrency fell beneath the 50-day MA and examined the $1.05 help once more. Today, the 12% worth fall prompted XRP to interrupt help at $1.05 as it went on to crash beneath $1.00 and attain as low as $0.875 (.618 Fib & 100-day MA).
There, the mixed help allowed XRP to bounce to the present $0.94 stage as it sits above the 200-day MA.
XRP/USD Daily Chart. Source:
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During the marketwide pullback, XRP fell below $1 as the important 200-days MA resistance comes into play.

15/10/2021

Wormhole Network Launches Ethereum Solana Bridge, Solana AMM Saber Surpasses $4 Billion TVL – Defi Bitcoin News

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On September 17, 2021, Solana protocol followers have been launched to the launch of the Wormhole Network’s ethereum – solana bridge, which implies property between every chain may be intermingled. The launch announcement notes that Saber, the Solana-fueled protocol with greater than $4 billion total-value locked (TVL), will help migration from Wormhole V1 to V2.
Wormhole Launches Ethereum – Solana Bridge
Solana has risen 5,504% in worth over the last 12 months and at this time, solana (SOL) is a prime ten crypto-asset holding the seventh largest place by way of market capitalization. At the time of writing, the general solana (SOL) market valuation is
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Wormhole Network Launches Ethereum Solana Bridge, Solana AMM Saber Surpasses $4 Billion TVL – Defi Bitcoin News | Click to Get Free Bitcoins Now! - CryptoNFT

15/10/2021

Bitcoin Has Already Effectively Replaced Gold, According to Billionaire Investor Chamath Palihapitiya – The Daily Hodl

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Billionaire investor and former Facebook govt Chamath Palihapitiya says that Bitcoin (BTC) has already successfully changed gold as a retailer of worth.
In a brand new CNBC interview, the founder and CEO of Social Capital shares why he believes the market share of the flagship cryptocurrency will proceed to develop. He additionally predicts a swath of different crypto tasks rising in prominence due to stable use instances.

“Bitcoin, I feel, has successfully changed gold, and it'll proceed to accomplish that and in order that market cap is simply going to develop.
Then for the primary time, I feel we’re seeing the preliminary variations
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Bitcoin Has Already Effectively Replaced Gold, According to Billionaire Investor Chamath Palihapitiya - The Daily Hodl | Click to Get Free Bitcoins Now! -

14/10/2021

Crypto Adoption Marks New Milestone As This Island Nation Paves Way for Recognition of Digital Assets | The Daily Hodl

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The authorities of Cuba has issued a proper assertion relating to how the island nation intends to manage cryptocurrencies.
In a brand new doc issued by Gaceta Oficial, the state-run publication says that the brand new decision goals to ascertain guidelines on how the Central Bank of Cuba might regulate the use of cryptocurrencies whereas offering a transparent definition for the time period “virtual asset.”

“This Resolution goals to ascertain the principles from which the Central Bank of Cuba regulates the use of sure digital property in business transactions, in addition to the granting of licenses to suppliers of digital property companies
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Crypto Adoption Marks New Milestone As This Island Nation Paves Way for Recognition of Digital Assets | The Daily Hodl | Click to Get Free Bitcoins Now! -

14/10/2021

US Treasury to Sanction Crypto Platform Suex for its Alleged Role in Ransomware Transactions

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The United States Department of the Treasury plans to penalize cryptocurrency exchanges that help in ransomware assaults. The first such sanctioned firm would reportedly be the Czech Republic-based buying and selling venue – Suex.
Suex to Face Sanctions
According to a current report, Deputy Treasury Secretary Wally Adeyemo alleged Suex of facilitating operations involving “illicit proceeds from at least eight ransomware variants.” On high of that, he added that 40% of the trade’s identified transactions historical past is linked to unlawful actors.
Adeyemo revealed that sanctioning Suex for its alleged position in laundering ransoms for cyberattacks can be
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US Treasury to Sanction Crypto Platform Suex for its Alleged Role in Ransomware Transactions | Click to Get Free Bitcoins Now! - CryptoNFT | Latest News Live

14/10/2021

New fund aims to put hundreds of millions toward Algorand DeFi growth

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Decentralized finance, or DeFi, has developed considerably over the previous two years. The Algorand Foundation has unveiled a brand new fund positioned to allocate cash toward sure DeFi initiatives trying to construct on its native blockchain. The pool of capital is known as the Viridis DeFi fund and is headed up by the Algorand Foundation — a bunch that was liable for the Algorand and its ecosystem growth. “This fund will provide 150 Million Algo to fuel the significant early growth of the DeFi ecosystem on Algorand,” according to a Friday publish on the Algorand Foundation’s web site. “The fund will fuel the growth of decentralized exchanges, money markets, options markets, synthetic asset
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New fund aims to put hundreds of millions toward Algorand DeFi growth | Click to Get Free Bitcoins Now! - CryptoNFT | Latest News Live

13/10/2021

U.S. Treasury Targets Stablecoins in Latest Regulatory Risk Assessment

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As regulatory stress mounts in the U.S., policymakers are placing stablecoins on the high of their agendas.
Citing “people familiar with the matter,” Bloomberg has reported that officers are crafting a coverage framework set to be launched in the approaching weeks. Their main concern is guaranteeing that traders can reliably transfer cash in and out of tokens, it added.
The nameless insiders are nervous {that a} “fire-sale run on crypto assets could threaten financial stability and that certain stablecoins could scale up dangerously fast.”
Strengthening Regulatory Efforts
The Financial Stability Oversight Council can also be getting ready a proper assessment into whether or not
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13/10/2021

Terra Completes Key Upgrade As Luna Hits $38B: Key Things To Watch

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The valuation of Luna, the native crypto asset of the Terra blockchain, has hit $38 billion. Its sturdy efficiency comes amidst the completion of a significant community improve known as Columbus 5.

The worth of LUNA, the native crypto asset of Terra blockchain ecosystem, year-to-date.
TradingView.com

What Is The Columbus 5 Upgrade?
Terra is exclusive in that it's a layer one blockchain, like Ethereum, however it has a native stablecoin called UST. The worth of UST is equal to the U.S. greenback.
The worth of the UST stays steady as a result of Terra has a secondary utility token known as LUNA. When the worth of UST not is equal to $1, LUNA is then used to complement UST and assist it keep its peg
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Terra Blockchain Completes Key Upgrade As Luna Hits $38B: Key Things To Watch | Click to Get Free Bitcoins Now! - CryptoNFT | Latest News Live

13/10/2021

MicroStrategy Announces Another Massive Multi-Million-Dollar Bitcoin Purchase | The Daily Hodl

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Business intelligence firm MicroStrategy has financed one other large Bitcoin buy as BTC hovers beneath the $50,000 degree.
On Tuesday, Bitcoin bull and firm CEO Michael Saylor announced that it raised $177 million so as to add extra BTC to its reserves. In whole, MicroStrategy purchased roughly 3,907 Bitcoin with the most recent buy.

“MicroStrategy has purchased an additional 3,907 Bitcoins for ~$177 million in cash at an average price of ~$45,294 per Bitcoin. As of [August 23, 2021] we hodl 108,992 Bitcoins acquired for $2.918 billion at an average price of $26,769 per Bitcoin.”
The SEC submitting reveals that the acquisition came about between July 1st and August
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MicroStrategy Announces Another Massive Multi-Million-Dollar Bitcoin Purchase | The Daily Hodl | Click to Get Free Bitcoins Now! - CryptoNFT | Latest News Live

12/10/2021

A Deep Dive Into The Bitcoin Wallets Of U.S Congress Members, And Why Bitcoiners Are Strongly Against Them

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Key takeaways

U.S. Congress’ break up disposition in the direction of cryptocurrencies raises issues amongst market members.Bitcoin proponent, James Loop goes digging into the monetary disclosures of Congress members.His findings revealed solely three Congress members have ever disclosed that they maintain Bitcoin.The United States is a key base for innovation and adoption within the cryptocurrency business. According to information from Crunchbase, there are at the very least 1,135 organizations based within the U.S. that present varied cryptocurrency-related providers.

Despite the broad adoption of the
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A Deep Dive Into The Bitcoin Wallets Of U.S Congress Members, And Why Bitcoiners Are Strongly Against Them | Click to Get Free Bitcoins Now! - CryptoNFT |

12/10/2021

$27,600,000 in Bitcoin Seized by Brazilian Police in Ponzi Scheme Investigation | The Daily Hodl

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Brazilian Federal Police say they’ve recovered greater than $27,600,000 in Bitcoin (BTC) following a sequence of alleged Ponzi schemes run by one firm.
A Rio de Janeiro-based firm headquartered in the area of Lagos was allegedly working a system of monetary Ponzi schemes and used Bitcoin to steal from its victims.

In a plan dubbed “Operation Kryptos,” the police arrested 5 people linked to the Ponzi scheme, in response to an official statement from Brazilian authorities.
Along with the 5 criminals, authorities carried out 15 search warrants and seized 591 Bitcoin, value $27,682,085 at time of writing.
Beyond cryptocurrency, about $2.6 million in money, 21 luxurious
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Brazilian Federal Police say they've recovered more than $27,600,000 in Bitcoin (BTC) following a series of alleged Ponzi schemes run by one company.

12/10/2021

Lobby Lobsters NFT drop raises $4 million in one hour to support DeFi lobbying efforts

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Nonfungible tokens (NFT) depicting cartoon lobsters in fits have raised greater than $4 million to support lobbying efforts supporting the decentralized finance (DeFi) sector.On August 5, nonfungible token platform and group Universe offered out if its Lobby Lobster NFTs in lower than one hour, elevating roughly $4 million.Wow Already $4m raised for lobbying efforts in DC. Let’s go Lobby Lobsters group. pic.twitter.com/VeT1XymMoL— Universe.XYZ () September 5, 2021

Each NFT was minted for 0.1 Ether (roughly $390), with the entire 1,000 Ether raised by means of major gross sales set for donation to “a non-profit focused on the policy issues facing cryptocurrencies.” In
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Lobby Lobsters NFT drop raises $4 million in one hour to support DeFi lobbying efforts | Click to Get Free Bitcoins Now! - CryptoNFT | Latest News Live

12/10/2021

Robinhood Crypto COO, CTO Hint That DeFi Features Are Coming – Decrypt

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For a brokerage like Robinhood, it’s an enormous threat to let your prospects withdraw cryptocurrencies out of your completely pruned backyard and into the colourful and profitable Wild West of decentralized finance. If they like what they see, they won't come again.
But stagnancy on this quick-paced market is an excellent better threat, particularly when splashy headlines about DeFi and NFTs present Robinhood Crypto prospects what they is likely to be lacking.
So on Wednesday, Robinhood introduced it's going to launch a waitlist subsequent month to start out permitting withdrawals of cash like Bitcoin, Ethereum and Dogecoin, and that each one customers will be capable of transfer cash onto or off the
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Robinhood Crypto's COO and CTO both dropped heavy hints at a crypto conference that DeFi features could be coming to the platform next.

12/10/2021

Will Avalanche zoom past Solana, to claim a spot among top ten cryptocurrencies

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Avalanche was up virtually 90% at press time during the last week. As the eleventh ranked coin by market cap, made one other all-time excessive of $75.4, hypothesis concerning the alt making a star entry into the top 10 cash heightened. Apart from that, Avalanche’s hype wasn’t all its personal as market analysts in contrast its trajectory to Solana’s however, was all of it that dangerous for AVAX?
Ethereum killers killing?
As AVAX noticed one other ATH at press time, the alt’s trajectory has been in contrast to Solana. However, after a killer rally, Solana’s market appeared to be cooling off, so was this the suitable time for one more Ethereum killer to steal the present? Well, it
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Will Avalanche zoom past Solana, to claim a spot among top ten cryptocurrencies | Click to Get Free Bitcoins Now! - CryptoNFT | Latest News Live

11/10/2021

Crypto Asset Backed by Cardano Surges After Surprise Launch on Coinbase | The Daily Hodl

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An enterprise-grade altcoin centered on funds and supported by Cardano is making waves after a sudden launch on the favored US-based crypto trade Coinbase.
Coti (COTI) buying and selling went live on Coinbase on Friday after hitting Coinbase Pro on Wednesday.

The itemizing triggered a spike within the value of the crypto asset, from $0.29 to $0.45 – a 55% improve.
The undertaking launched in 2019 to empower any group to construct its personal personal fee answer and digitize any foreign money utilizing the Trustchain protocol.
The Trustchain protocol might be utilized to course of over 100,000 transactions per second and to energy on-line and offline funds, loyalty funds,
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Crypto Asset Backed by Cardano Surges After Surprise Launch on Coinbase | The Daily Hodl | Click to Get Free Bitcoins Now! - CryptoNFT | Latest News Live

11/10/2021

Solana’s 17-Hour Outage Was Sad And Frustrating, Says FTX’s Sam Bankman-Fried

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Sam Bankman-Fried – CEO of the cryptocurrency exchange FTX – opined that the 17-hour network outage which Solana (SOL) experienced last week was due to its rapid growth. He also said stablecoins are an essential part of the ecosystem and urged the US regulators not to ban them.
Solana Was Down Because It Grows Too Quickly
In a recent interview for Bloomberg, the Founder and CEO of FTX – Sam Bankman-Fried – shared his stance on hot topics such as Solana’s disruption and regulations of the digital asset industry.
Being a supporter of the blockchain project, the 29-year-old crypto billionaire described the 17-hour collapse of Solana’s network as “sad and
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Solana's 17-Hour Outage Was Sad And Frustrating, Says FTX's Sam Bankman-Fried | Click to Get Free Bitcoins Now! - CryptoNFT | Latest News Live

11/10/2021

Morgan Stanley Investment Fund Increases Exposure to Grayscale Bitcoin Trust by 100% – The Daily Hodl

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A Morgan Stanley funding fund is doubling the variety of Grayscale Bitcoin Trust (GBTC) shares it holds.
A submitting with the U.S. Securities and Exchange Commission (SEC) reveals that the Morgan Stanley Europe Opportunity Fund (EUGAX) elevated the variety of GBTC shares by 105% from the tip of April to late July of this yr.
As of April 30th, the Morgan Stanley Europe Opportunity Fund held 28,298 GBTC shares, however this rose to 58,116 shares as of July 31st.
The Morgan Stanley Europe Opportunity Fund invests “primarily in high quality established and emerging companies” believed to be “undervalued at the time of purchase.”
The Grayscale Bitcoin Trust,
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Morgan Stanley Investment Fund Increases Exposure to Grayscale Bitcoin Trust by 100% - The Daily Hodl | Click to Get Free Bitcoins Now! - CryptoNFT | Latest

11/10/2021

Cardano ($ADA) Development Company IOHK on Upcoming Plutus dAppStore

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Yesterday (September 22), blockchain know-how firm IOHK (aka “IOG”), which is liable for the analysis and improvement of the Cardano protocol, talked about the upcoming retailer for decentralized purposes (dApps) written for the Plutus Platform.

In an IOHK blog post printed on September 22, Shruti Appia, Head of Product (Smart Contracts) at IOHK, began by saying that “addressing discovery and quality assurance issues is key to early ecosystem growth.”

She then mentioned that this weekend — at Cardano Summit 2021 (September 25-26) — IOHK will “introduce a certification program to assess applications developed on top of Cardano” and preview a prototype
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Cardano ($ADA) Development Company IOHK on Upcoming Plutus dAppStore | Click to Get Free Bitcoins Now! - CryptoNFT | Latest News Live

10/10/2021

Tech Giant Intel Is Holding Nearly $800K in Coinbase Stock – Decrypt

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In temporarySemiconductor producer Intel disclosed to the SEC that it holds practically $800,000 price of Coinbase inventory.
Coinbase went public through direct itemizing in April. The agency reported report Q2 earnings this week.
Intel, the pc processor large and world’s largest semiconductor producer, disclosed to the U.S. Securities and Exchange Commission (SEC) at present that it has bought 3,014 shares in cryptocurrency trade Coinbase, which went public in April.
The shares are price about $787,000 as of this writing, primarily based on the present Coinbase (COIN) stock price of $261.25 per share. Intel’s disclosure notes that the shares have been bought earlier than the top of June.
Barron’s
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Tech Giant Intel Is Holding Nearly $800K in Coinbase Stock - Decrypt | Click to Get Free Bitcoins Now! - CryptoNFT | Latest News Live

10/10/2021

IoTex, Orion Protocol and Two Additional Altcoins Surge After Listings on US Crypto Exchange Coinbase Pro | The Daily Hodl

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The costs of 4 altcoins surged by double digits following their debut on main cryptocurrency change Coinbase Pro.
Within 24 hours of the listings, IoTex (IOTX), Tribe (TRIBE), Orion Protocol (ORN) and Quickswap (QUICK) rallied as a lot as 20% to 75%.

Coinbase Pro says that the 4 dollar-paired tokens at the moment are in ‘full-trading mode’ on its platform.
IoTex is a platform whose objective is to hyperlink Internet of Things (IoT) gadgets and decentralized purposes whereas TRIBE is the governance token of the Fei Protocol. Orion Protocol is a decentralized finance (DeFi) platform whereas Quickswap is a decentralized change (DEX).
“Our IOTX- USD,
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IoTex, Orion Protocol and Two Additional Altcoins Surge After Listings on US Crypto Exchange Coinbase Pro | The Daily Hodl | Click to Get Free Bitcoins Now! -