The Maker Foundation has rejected accusations that it has participated in its own recent debt auctions. MakerDAO (MKR) has denied accusations that the Maker Foundation placed the winning bids in all of its recent debt auctions. In a statement shared with Cointelegraph, the Maker Foundation states that it “is not purchasing MKR in the auctions.”…
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Bank of China continues its anti-crypto narrative and urges the public to pay attention to crypto scams on its official WeChat account. Financial markets are facing their worst crisis since 1929 and people are looking for alternatives to protect themselves from the crash. One option being considered by many is cryptocurrency. In response, Bank of…
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TSB Games, the firm behind VR game The Sandbox, announced a partnership with second-layer scaling solution Matic. TSB Games, the firm behind VR game The Sandbox, announced a partnership with second-layer scaling solution Matic. According to a March 19 announcement, Matic will allow the decentralized application (DApp) to carry out faster transactions and create a…
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OKEx Director of Financial Markets Lennix Lai explains why crypto is a perfect fit for people who want to earn passive income. First, there were property rents. Then came interests. As modern civilization evolves, people always find new ways to earn money without actually producing, or even doing all that much. This concept is today…
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With the implementation of ZIP 1014, Zcash will continue to fund its development with a fee imposed on mining, but the question remains: Did the community have a say? At the end of January, a poll apparently confirmed community support for a new mining reward-distribution structure for the Zcash (ZEC) network, whereby more will flow…
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The Tezos Foundation moves to settle the $25 million consolidated class-action it has been fighting since 2018. The Tezos Foundation moved to settle its $25M consolidated class-action lawsuit on March 20, following more than two years of fighting in court. In a post on its website, the foundation claims to have chosen to settle due…
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Institutions partner with blockchain startup, Toyota builds a blockchain identity platform, & more headline news from Japan this week. This week’s headlines from Japan included exchange self-regulatory organization, JVCEA, suggesting guideline changes, financial institutions collaborating with a blockchain startup for asset management, GMO Coin exchange listing BAT, and news that Toyota has built a blockchain-based…
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Check out this week’s Bad Crypto News. The Bitcoin Clock ticks on—less than 52 days now before the next halving—and let’s hope that Bitcoin still has value when that happens. Trader Peter Brandt isn’t optimistic. He sees Bitcoin in a race with gold to hit $1,000. Then again, in January, he thought BTC wouldn’t reach…
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CAN crypto payment provider is undertaking final testing before the launch of its cryptocurrency credit card. Canadian cryptocurrency payments provider, NetCents, has completed the technical integration of its consumer credit card into its proprietary ecosystem. NetCents announced March 20 that it had begun edge-case scenario testing in real-world environments in order to ready the card…
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Decentralized coronavirus research initiative Folding@Home has announced that 400,000 users are contributing to its platform. In a recent Reddit ask-me-anything (AMA) Gregory Bowman, Folding@Home’s (F@H) director, revealed that the project currently has 400,000 computers actively contributing to research. “We had about 30K users before the pandemic started,” he stated, adding: “In the past two weeks,…
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