Category: Digital Assets

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ETH 2.0 Contract Exceeds 7.4 Million Ether, Close to $30 Billion Locked, Liquid Staking Pools Grow

The Ethereum 2.0 contract now has more than 7.4 million ether worth over $29.3 billion using today’s ether exchange rates. According to statistics, the smart contract address is the largest holder of ethereum out of all the wallets in existence. Ethereum 2.0 Contract Nears $30 Billion In the early days, the Ethereum (ETH) protocol was…
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NFL Bars Teams From Participating in Certain Cryptocurrency and NFT Ventures: Report

According to a recent report, the National Football League (NFL) advised teams that they could not, at least for now, sell non-fungible tokens (NFTs) and sponsorships to digital currency companies. Advertisements for specific crypto assets were mentioned alongside initial coin offerings (ICOs), according to various club sources who remained anonymous. Anonymous Club Sources Disclose the…
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Crypto Economy Gains 83% in Value Over Last 3 Months, Myriad of Lesser-Known Coins Spike

The overall market capitalization of all 10,000+ digital assets has reached a September high of $2.33 trillion as it has risen over 5% on Thursday. The crypto economy hasn’t been at this U.S. dollar value since mid-May or approximately 108 days ago, as the value has increased 83.46% since the crypto economy’s low point on…
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Poll: 3 Out of 4 Russian Investors Would Rather Buy Cryptocurrency Than Gold or Fiat

An overwhelming majority of Russian investors view cryptocurrencies as a more attractive investment proposition than traditional fiat currencies or gold, a new survey has established. Even among those who have never traded digital assets, most already think of buying crypto in the near future. Crypto Is the Promising Opportunity for Russian Investors National currencies are…
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Crypto-to-crypto swaps, explained

How do crypto-to-crypto swaps work… and what are the top tips for performing them safely and cheaply? Any top tips for storing cryptocurrencies safely? Always double-check the transaction before confirming and take precautions. Of course, there are a few safety tips that you should follow. Be vigilant for phishing scams, and make sure that you’re…
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Automated trading in a bull market, explained

What are the benefits of automated trading in the current market — and can they help mitigate volatility in unpredictable times? Our guide explains all. What are the tools that TradeSanta offers? The platform enables traders to connect their accounts to top exchanges, and set up a bot in under five minutes. TradeSanta supports a…
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Is Grayscale about to unveil a LINK Trust?

Mystery filings using Grayscale’s name suggest the multi-billion dollar firm may be looking to expand the number of Trusts. Grayscale Investments could be set to launch a raft of new products including a Chainlink Trust, if freshly unearthed filings are to be believed.  According to the State of Delaware’s Division of Corporations, someone set up…
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SEC gives OK to social media platform to issue stablecoin without registering as a security

The letter states the regulatory agency “will not recommend enforcement action” against a platform issuing a digital currency capable of being converted to fiat. The U.S. Securities and Exchange Commission, or SEC, has issued a rare no-action letter in response to a request from a blockchain-backed platform over the issuance of a digital asset. The…
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‘Banks will have to adjust’ to crypto, says Bank of England leader

Jon Cunliffe, one of the leaders of England’s central bank, said banks must adapt to the changes brought on by digital assets. Blockchain and digital assets offer folks the ability to store their own assets, possibly threatening the solutions banks offer. Making sure banks remain relevant is not on the to-do list of England’s central…
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European Commission to launch blockchain regulatory sandbox by 2022

Crypto and blockchain regulations seem to have become a top priority in the EU. The European Commission in collaboration with the 30-country alliance called the European Blockchain Partnership (EBP) plans to launch a pan-European blockchain regulatory sandbox by 2022. Per an update to the official webpage for the commission’s Digital Innovation and Blockchain team on…
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