El Salvador, the first country to adopt Bitcoin as legal tender, has seen explosive growth in tourism numbers in the first half of 2022. Tourism in El Salvador has soared in the first half of 2022. Up 82.8% just this year, there were 1.1 million visitors to El Salvador this year, according to government figures.…
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To create a token using TokenMint, no programming knowledge is necessary. The TokenMint platform’s alpha version provides the fundamentals for creating a fungible token. Developing a cryptocurrency token has been a complex task, as it requires advanced blockchain programming skills. Until recently, only blockchain developers with strong coding skills could create a mechanism to mint…
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Infrawatch PH Convenor Terry Ridon said that the SEC’s response clarifies the government’s position on crypto platform operations. The Philippine Securities and Exchanges Commission (SEC) cautioned the public not to invest in the crypto exchange Binance in their response to policy think tank Infrawatch PH’s attempts to woo the SEC to take action against the…
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Several solutions can potentially improve cross-border payments significantly and central bank digital currency (CBDC) could be the “holy grail,” according to the European Central Bank (ECB). In a new report, the eurozone’s monetary authority also claims stablecoins, among other options, are “problematic.”
‘Holy Grail’ of Cross-Border Payments in Reach Through CBDC, European Central Bank Insists…
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The number of Ethereum Name Service (ENS) domains is nearing the two million mark as 1,888,209 ENS names have been etched into the Ethereum blockchain to date. The project recently detailed that July saw the largest monthly rise in revenue scoring 5,400 ether worth roughly $2.48 million during the course of the month.
ENS Registrations…
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A new study has ranked Nigeria as the country most curious about cryptocurrency post the April crypto market crash. The same study findings show Kenya as the second-highest ranked African country. According to Bobby Ong, co-founder of Coingecko, the countries topping the list seem more interested in buying the dip and this highlights “their long-term…
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The National Power Administration of Paraguay has proposed to set a special mining fee for cryptocurrency mining operations in a decree project directed to the national economic team. Due to the immense losses the organization has faced, it has stopped supplying energy to some mining operations that were evading the payment of power bills, being…
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The team behind the Solana (SOL) blockchain has tied the widespread hack that affected over 8,000 wallets and resulted in the loss of over USD 8m worth of funds to the closed-source Slope wallet. “After an investigation by developers, ecosystem teams, and security auditors, it appears affected addresses were at one point created, imported, or…
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Bitcoin price climbed higher and broke the USD 23,200 level, but struggled to clear the USD 23,500 resistance and corrected lower. BTC is currently (03:52 UTC) trading just below USD 23,100 and is up almost 1% in a day and a week. Similarly, most major altcoins are eyeing more upsides. ETH climbed above USD 1,650…
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The $190 million Nomad Bridge exploit is just the latest out of 13 separate bridge attacks in 2022 so far. Cross-chain bridge hacks have accounted for 69% of the total crypto stolen in 2022, amounting to $2 billion in losses, according to a new report. The report comes from blockchain analytics firm Chainalysis on Aug.…
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