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MEW Launches NFT Manager, Hodlnaut Denies Police Investigation, Influencer Hodlonaut Receives BTC 52 in Donations Ahead of ‘Faketoshi’ Battle + More News

August 23, 2022

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: MEW Launches NFT Manager, Hodlnaut Denies Police Investigation, Influencer Hodlonaut Receives BTC 52 in Donations Ahead of ‘Faketoshi’ Battle + More News  Read more »Sign up for e-EUR – the progressive…
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54% of Indian Crypto Investors Surveyed in Q2 Aimed to Invest More in 6 Months – KuCoin

August 23, 2022

Despite the latest market downturn, more than 50% of India’s survey respondents intend to expand their investments in crypto in the coming six months – indicating an optimistic approach to the market, according to a report by crypto exchange KuCoin…. Read More: 54% of Indian Crypto Investors Surveyed in Q2 Aimed to Invest More in…
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Certain regulatory clarity could be ‘hugely detrimental’ for crypto, says former CFPB director

August 23, 2022

Some players in the industry could find U.S. regulators making a “big overreach” if agencies like the SEC listed specific criteria for cryptocurrencies as securities. Kathy Kraninger, former director of the United States Consumer Financial Protection Bureau, or CFPB, said while many in crypto have complained about the lack of regulatory clarity in the country,…
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China begins next phase of CBDC testing with e-CNY payment for public transport

August 23, 2022

Scan and pay with e-CNY is now available in multiple Chinese cities for citizens looking to ride their local buses and subways. According to multiple sources, on Tuesday, China officially began rolling out the next round of its central bank digital currency (CBDC) pilot test program. In the city of Guanzhou, it is now possible…
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Celsius, 3AC demonstrated why financial infrastructure should move on-chain

August 23, 2022

Instead of operating in darkness, more players in the financial industry should move their transactions to the blockchain, where every move is public. While mainstream coverage of cryptocurrency has been overwhelmingly negative in the wake of the collapse of the Terra ecosystem, the bankruptcy of Celsius and the fall of Three Arrows Capital, these events…
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What crashed the crypto relief rally? | Find out now on The Market Report

August 23, 2022

On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss what factors lead to the collapse of the bear market rally. On this week’s “The Market Report” show, Cointelegraph’s resident experts discuss some of the main factors that contributed to the collapse of this bear market rally. To kick things off, we broke…
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Plaintiff in Coinbase lawsuit raises issues of account lockouts, crypto as a security

August 23, 2022

A Coinbase user claimed the crypto exchange “boldly flouts federal and state laws” by not completing the proper registration as a securities exchange in the United States. One user has filed a class-action lawsuit against crypto exchange Coinbase on behalf of account and wallet holders “who have had their accounts breached and incurred losses arising…
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Biggest Movers: ATOM up 12% on Tuesday, as NEAR Snaps Losing Streak

August 23, 2022

Cosmos was a notable gainer on Tuesday, as prices of the token rose by as much as 12% in the day. Today’s surge sees the cryptocurrency climb for a third straight day, hitting a five-day high in the process. Near protocol was also in the green, as it rebounded following recent declines. Cosmos (ATOM) Cosmos…
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Report: Nigerian Central Bank Targets Tenfold Increase in Number of CBDC Users, Governor Says Use of Cash Will ‘Dissipate to Zero’

August 23, 2022

Despite the apparent slow embrace of the e-naira digital currency by Nigerians, the Central Bank of Nigeria governor has said his institution is targeting a tenfold increase in the number of users of the digital currency in the next twelve months. The governor predicted that the use of cash will “dissipate to zero” while the…
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Terra’s 2 Classic Coins Mysteriously Spike in Value, USTC Climbs 42% Higher in 24 Hours

August 23, 2022

During the last 24 hours, crypto asset prices have improved as the global cryptocurrency market capitalization today has risen 1.9% to $1.07 trillion. Interestingly, the two so-called ‘defeated’ Terra blockchain tokens, now called terraclassicusd (USTC) and luna classic (LUNC), have seen significant gains. LUNC has climbed 8% higher during the past 24 hours and the…
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