Category: cryptocurrencies

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Binance Reveals the Secret Behind Its Cryptocurrency Futures Success

Speaking to Cointelegraph, Binance’s VP of futures explains how the firm managed to become one of the top crypto futures trading platforms. Aaron Gong, vice president of futures at major cryptocurrency exchange Binance, explained to Cointelegraph how the firm managed to become one of the top crypto futures trading platforms. As Cointelegraph reported earlier this…
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This Is Our Last Chance to Protect Our Privacy Amid the COVID-19 Crisis

Will the sacrifice of our privacy help to stop, or at least reduce, the global spread of the coronavirus, and why the governments want to use the total mass surveillance? As the coronavirus continues to spread a total lockdown across the world, governments are creating the foundations for a new society of total surveillance. Can…
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Stage One of ‘Risky’ EOS Worker Proposal System Approved

Block producers have approved the first stage of a ‘risky’ EOS governance change that allows any user to propose network rule changes. Block producers have approved the first stage of the implementation of a controversial EOS governance change that allows any user to propose network rule changes. EOS blockchain explorer Bloks shows that the first…
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Maker Decentralizes Governance, But is the Community Ready?

MKR token holders now have total control over the smart contract underpinning the MakerDAO protocol. The Maker Foundation has handed governance over the smart contract that underpins the MakerDAO (MKR) protocol to MKR token holders. Describing the move as the project’s “most significant step” toward decentralized governance, the foundation announced that a three month long…
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Globalism Has Failed, Long Live Crypto

What effects does the global pandemic have on our lives, and what could help us to survive? A global pandemic has changed the world. I write this on lockdown, unable to leave my home. A global pandemic has stripped the entire state of California and over 1.5 billion people globally from our rights and freedoms…
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Bitcoin for Business: The Tax Guide

Tax primer for retailers and e-tailers who want to use crypto. During 2019 alone, thousands of merchants worldwide were accepting Bitcoin (BTC) as a payment method. Despite this, a lot of current and would-be merchants are confused about how to pay taxes on their cryptocurrency sales. This guide was created by a United States business…
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Retail Investors Can Now Use Paxos Gold as Collateral Against Loans

Retail investors can now use Paxos Gold as a collateral for loans through the Nexo platform. Crypto-lending platform Nexo has today, March 25, opened up the option of using PAX Gold (PAXG) as collateral against its loans to retail investors. A pilot scheme in late 2019 was limited to institutional clients and purportedly saw immediate…
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United States CFTC Cements Parameters for Physical Delivery of Traded Crypto

The CFTC has released new guidelines of physical delivery of digital assets as it relates to trading. The U.S. Commodity Futures Trading Commission, or CFTC, has publicized clarity on physical digital asset delivery as it applies to traded market products.  “The Commodity Futures Trading Commission today announced the Commission voted unanimously to approve final interpretive…
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Binance Holds $1B in ERC-20 Stablecoins

Huobi sits in second place. Binance has more than $1 billion in ERC-20-based stablecoins as of March 24. This figure surpasses a milestone that quite far ahead of second-place Huobi. Binance holds $1,007,585,549 of these stablecoins as of press time, a balance that has grown some $105,583,132 over the past seven days, according to the…
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Turning A Crisis Into An Opportunity, China Gets One Step Closer to CBDC

The Bank of China has completed the basic function development of a digital Yuan and it has moved one step closer to launch its CBDC during a middle of global recession. As central banks around the world are cutting interest rates to zero and taking aggressive action against the economic recession due to the coronavirus…
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