Category: social

Binance Teams up with Russian Museum to Tokenize Da Vinci and Van Gogh Masterpieces

Binance Teams up with Russian Museum to Tokenize Da Vinci and Van Gogh Masterpieces

Binance NFT marketplace and the Saint Petersburg-based State Hermitage Museum joined forces to create and release a limited edition of non-fungible tokens with digital copies of world-known masterpieces. The collection will consist of works by Vincent van Gogh, Leonardo da Vinci and many more. NFT Copies of Renown Paintings The cryptocurrency exchange Binance announced that […]

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Huobi Files to Dissolve Chinese Entity Following Recent Cryptocurrency Crackdown

One of the leading cryptocurrency exchanges, Huobi, has filed to dissolve an entity based in China. This comes as the country escalates its efforts to clamp down on the cryptocurrency industry, in general. Evident in Chinese business registration archives, the entity’s management has filed a Resolution to dissolve On July 22nd, this year. The announcement further reads […]

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Crypto Markets Turn Red After Amazon Denied Reports of Accepting BTC (Market Watch)

Crypto Markets Turn Red After Amazon Denied Reports of Accepting BTC (Market Watch)

The past couple of days were particularly turbulent in the cryptocurrency market. This was largely propelled by Bitcoin’s rally, as the cryptocurrency managed to surge as high as $40,580 yesterday, before tumbling to where it’s currently trading at around $37,300. Bitcoin Price Pulls Back Following Amazon’s Statement Over the past few days, Bitcoin is on […]

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Not Yet: Amazon Denies Rumours on Plans to Accept Bitcoin

An Amazon spokesperson has said that the earlier reports of the company planning to accept Bitcoin and to investigate the issuance of its own token next year are false. Previously, a report from City AM, citing Amazon insiders, claimed that the world’s leading online retailer plans on accepting Bitcoin and to investigate issuing its own token in […]

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Almost Half of Singaporeans Own Cryptocurrencies: Independent Reserve Survey

A new survey conducted by the Independent Reserve revealed that 43% of the residents of Singapore own digital assets. 46% asserted they would purchase virtual currencies in the next year. Singaporeans Are Keen on Crypto The Australian trading venue Independent Reserve (IRCI) surveyed 1,000 participants to determine the level of cryptocurrency adoption in Singapore. Per […]

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Tether Executives Allegedly Under DOJ Investigation for Suspected Bank Fraud

Tether executives are reportedly facing a probe from the US Department of Justice (DOJ), as prosecutors are looking into the company’s past activities with its banking partners. According to Bloomberg on Monday (July 26, 2021), the information came from three anonymous sources familiar with the matter. The DOJ is investigating whether banks were aware of […]

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FTX and Binance Futures Reduce Leverage to 20x, Prioritizing Consumer Protection

Two of the leading cryptocurrency derivative trading platforms – Binance Futures and FTX – are reducing the maximum allowed leverage on their platforms. Ran by Sam Bankman-Fried, FTX is one of the leading cryptocurrency derivatives trading platform, offering high leverage of up to 100x to its customers. This, however, will no longer be the case […]

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Bitcoin Nears $40K Following a 25% 5-Day Increase (Market Watch)

Bitcoin Nears $40K Following a 25% 5-Day Increase (Market Watch)

It’s safe to say that Bitcoin had a spectacular few days followed by an impressive weekly close that could potentially spell further upside for the cryptocurrency. Not surprisingly, the rest of the market followed suit, and a lot of the altcoins are also in the green. Bitcoin Price Closes Strong Weekly Candle Likely propelled by […]

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AMPL Skyrockets 70% in 2 Days as Ampleforth is Now Part of AAVE’s Lending Platform

Ampleforth – the algorithmic stablecoin with elastic supply – has been introduced in Aave’s lending ecosystem. Ampleforth (AMPL) Now Included in Aave While most stablecins have a stable peg, Ampleforth (AMPL) is doing things differently. It’s designed in a way where the algorithm chases a target price and readjusts the overall supply. If the price […]

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Bitcoin Spikes to 18-Day High, Crypto Market Cap Nears $1.5 Trillion (Market Watch)

Bitcoin Spikes to 18-Day High, Crypto Market Cap Nears $1.5 Trillion (Market Watch)

The bulls have resumed control over the market in the past few days and have pushed bitcoin to a near three-week high at almost $35,000. The alternative coins have also benefited from these developments, with ETH closing down to $2,200 and DOGE sitting at $0.20. Bitcoin Taps an 18-Day High Ever since bitcoin bottomed at […]

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