A valuable Cryptopunk nonfungible token is set to be fractionalized as more than 56,000 addresses sign up for a share of ownership. Nonfungible tokens (NFTs) continue to capture the imagination of the cryptocurrency space, with some of the most popular projects attracting hundreds of millions of dollars from investors. Projects like Cryptopunks and the Bored Ape…
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The Brazilian Congress failed to address a proposed cryptocurrency bill this week. While the proposed public policy was indeed on the agenda, the deputy chamber focused on discussing bills that tend to other issues, including health and digital education problems. The digital currency bill is scheduled to be discussed again in September.
Brazilian Congress…
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The central bank of Portugal is now reviewing 12 requests from businesses that want to provide crypto-related services in the country. The applications are pending decision amid recent reports that some commercial banks are closing accounts of already approved operators.
Binance Among Cryptocurrency Platforms Seeking Authorization in Portugal
Portugal’s monetary authority is currently evaluating…
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Deliberately insufficient policy responses by successive Lebanese governments combined with the self-serving agreements by politicians are largely to blame for the country’s economic crisis, a report by the World Bank has said. The report concludes that the country needs to seriously engage “in the macro-fiscal, financial, and sector reforms the World Bank has been stressing…
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Another hard fork won’t “significantly” harm Ethereum (ETH) and “pretty much everyone” in the Ethereum ecosystem is supportive of The Merge, when the network transitions from a proof-of-work (PoW) system to proof-of-stake (PoS), according to Ethereum co-founder Vitalik Buterin. His remarks come after some crypto miners, including prominent Chinese miner Chandler Guo, have expressed intentions…
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Troubled crypto lender Voyager Digital said it plans to “restore access” to cash deposits in USD this week. Here’s what the process might look like. In a Friday blog post, Voyager said clients with cash in their accounts would be able to withdraw up to USD 100,000 in a 24-hour period starting as early as…
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A bitter dispute about the ownership of WazirX, an Indian crypto exchange that is being probed by the nation’s law enforcers over suspected money laundering allegations, has descended into a Twitter-based face-off between the Binance CEO Changpeng “CZ” Zhao and the WazirX Founder Nischal Shetty. Binance announced that it had “acquired” WazirX back in November…
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1Inch plans to expand into a largely untapped Asian market, but a lack of DeFi knowledge is preventing mass adoption Decentralized-finance (DeFi) aggregator 1inch Network has revealed plans to expand within the Asian market, according to its co-founder Sergej Kunz. Speaking to Cointelegraph during Korean Blockchain Week (KBW) 2022 on Aug. 8, Kunz said that…
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A sharp-eyed escrow agent and a screenshot saved Aurora Labs’ head of product Matt Henderson from losing his tokens to scammers. Aurora Labs’ head of product, Matt Henderson says there is a sophisticated over-the-counter (OTC) transaction scam running about that almost duped him into losing a stash of his hard-earned cryptocurrency. Henderson detailed his personal…
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“It’s a vision that has been, I think, forgotten a little bit and I think one of the reasons why it has been forgotten is basically because it got priced out of the market,” Vitalik Buterin said. Ethereum co-founder Vitalik Buterin has argued that crypto payments will once again “make sense” as transaction costs will…
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