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Report: Ethiopia-Based Crypto Service Providers Told to Register With the Country’s Cybersecurity Agency

August 28, 2022

Cryptocurrency service providers operating in Ethiopia are now required to register with the country’s cybersecurity agency known as the Information Network Security Administration (INSA), a report has said. According to the agency, legal measures will be applied to crypto entities that fail to comply with its registration call. INSA Tasked With Developing Operating Procedures The…
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Silver Supply Crunch Predictions, FDIC Issues Cease and Desist Order to FTX US, and More — Bitcoin.com News Week in Review

August 28, 2022

Morgan Report founder David Morgan foresees a supply crunch for silver, and says that in ten years’ time, it will be one of the best investments of the decade. One analyst, however, says if the precious metal falls below $18, it’s “very possible that we could see silver get absolutely smoked.” In other news this…
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Soulbound Tokens vs Self-Sovereign Identity: Web3’s Search for a Digital ID Solution

August 28, 2022

Fraser Edwards is the Co-Founder and CEO of cheqd, a network for creating digital credential businesses.__________… Read More: Soulbound Tokens vs Self-Sovereign Identity: Web3’s Search for a Digital ID Solution  Read more »Sign up for e-EUR – the progressive stablecoin

Is It Time To Begin Talking Seriously About Bitcoin Tail Emissions?

August 28, 2022

It’s almost a truism that Bitcoin (BTC)’s major selling point is its hard supply cap, limiting its total possible circulation to BTC 21 million. However, contrary to this received wisdom, there seems to be a growing chorus of people who worry that a hard cap isn’t without its problems, and that Bitcoin will run into…
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Top 10 most Googled questions about cryptocurrency and its implication

August 28, 2022

The top 10 Google searches related to cryptocurrencies uncover an increase in curiosity among general investors — represented by two ‘Why’s, three ‘What’s and five ‘How’s. What people end up searching on Google provides raw insights into the real mindset, often revealing their interest, fear, and range of other emotions about a particular topic. To…
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Bitcoin mining difficulty set for 8-month record gains despite BTC price dip

August 28, 2022

Bitcoin network fundamentals seem not to care about spot price weakness, with both difficulty and hash rate making an impressive recovery. Bitcoin (BTC) may have hit six-week lows of under $20,000 but its network fundamentals are anything but bearish. The latest on-chain data shows that, far from capitulating, hash rate and difficulty are making snap…
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Binance to Help South Korean City of Busan Grow Crypto Adoption, Develop Blockchain Ecosystem

August 28, 2022

Binance is helping the South Korean city of Busan “grow crypto adoption within the city and beyond.” The global crypto exchange will also support the development of the city’s blockchain ecosystem and the Busan Digital Asset Exchange. Binance Signs MOU With Busan City Cryptocurrency exchange Binance announced Friday that it has signed a Memorandum of…
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Bank of Russia Eases Restrictions on Purchases of Dollar and Euro Cash

August 28, 2022

The Central Bank of Russia has relaxed some limitations for Russian banks selling U.S. dollars and euros to the public. The increased supply of foreign cash may affect the crypto market in the country as currency restrictions have been a driver of increased demand for digital coins. Monetary Authority of Russia Expands Citizens’ Access to…
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Latvian Extradited to US for Wire Fraud Involving Crypto Investments

August 28, 2022

A Latvian national has been handed over to the United States where he is accused of fraud through several companies offering false crypto investment opportunities. Ivars Auzins will appear in a federal court in Brooklyn to face multiple charges of wire and securities fraud. Latvian Authorities Transfer Alleged Crypto Fraudster to US Custody Ivars Auzins,…
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Crypto will become an inflation hedge — just not yet

August 28, 2022

Crypto can act as protection against inflation, but not until it establishes its fundamentals and achieves mass adoption. In theory, Bitcoin (BTC) should serve as a hedge against inflation. It’s easy to access, its supply is predictable, and central banks cannot arbitrarily manipulate it. However, investors aren’t treating it that way. Instead, the cryptocurrency market…
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