Cash App, the mobile payments app developed by the Jack Dorsey-led payments firm Block, Inc., announced three new bitcoin functions today, including a new way to receive bitcoin (BTC) payments via the Lightning Network. Speaking at the Bitcoin 2022 conference in Miami on Thursday, Miles Suter, Crypto Product Lead at Cash App, said that…
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Little market celebration accompanies the start of the Bitcoin 2022 conference as macro fears seep into sentiment. Bitcoin (BTC) kept disappointing hodlers on April 7 as the Bitcoin 2022 conference got underway to a limp BTC price performance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Fed prepares $95 billion monthly balance sheet shrink Data from…
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NFTs and the Metaverse are the hottest topics in the cryptocurrency ecosystem right now, but the next big thing might just be decentralized social media. Like decentralized finance, decentralized social media platforms dont have a centralized governing body and may, someday, provide viable alternatives to established platforms like Twitter, Instagram, Facebook and TikTok. The technology…
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Jason Kilar, the outgoing CEO of Warner Media, has touted blockchain as a technology that could transform the entertainment industry. He also said the tech could bring about new forms of financing. Transforming the Entertainment Industry The outgoing CEO of Warner Media, Jason Kilar, has said the future of Hollywood is in the blockchain, a…
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BTC and ETH were once again lower during today’s trading session, as both were trading close to two-week lows. Bitcoin dropped below $43,000 for the first time since March 24, while ETH hit a bottom near $3,100 on Thursday. Bitcoin Bitcoin continued trading lower on Thursday, as the world’s largest cryptocurrency fell below $43,000 for…
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The Nigerian central bank recently fined four financial institutions it accuses of failing to stop clients from using their respective platforms to conduct cryptocurrency transactions. According to one of the affected institutions, the central bank is using a certain “advanced ability” to detect crypto transactions. Lenders Unable to Detect Crypto Transactions The Central Bank of…
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This past Tuesday, April 5, was the 89th anniversary of Executive Order 6102 when the U.S. government would strictly “forbid the hoarding of gold coin, gold bullion, and gold certificates within the continental United States.” While the global economy seems to be heading toward disaster and the U.S. dollar’s strength is being examined, many have…
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In response to the military crisis in Ukraine, Binance Charity has committed $10 million to major Intergovernmental Organizations and local NGOs, including UNICEF, UNHCR, the UN Refugee Agency, iSans and People in Need. They also launched a crypto-first crowdfunding site, Ukraine Emergency Relief Fund to allow people to donate crypto to help provide emergency relief…
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Crypto Accept allows online sellers to accept BTC and ETH before expanding to other digital assets next year. Nium, a cross-border payments firm based in Singapore, has announced the launch of a new API-based solution that will allow businesses to start accepting cryptocurrency payments. As per the announcement, the newly launched product is called Crypto…
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Sky Mavis, the firm behind the popular blockchain-based online video game Axie Infinity (AXS), has announced the Early Access release of its much-anticipated update Axie Infinity: Origin. Also known as “Battles v3,” Axie Infinity: Origin is a new battle system that its creators say offers players access to new game mechanics, interfaces, art, special…
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