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Showing posts from October, 2021

Ex NSA agent consultant warns Shiba Investors

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Edward Snowden warned all followers over the hype and trend of Shiba Inu coin like meme coins.  As we know very well how Shiba Inu grabbed huge attention in the crypto community last week. And also many big crypto investors and influencers joined the Shiba Inu community.  In the latest, Edward Snowden , a former NSA agent consultant, shared his stance on Shiba with their followers. According to Edward, investors should be careful over their hard-earned money because earning is tough but losing is easy with meme coins.  In the past, the president of Ava Labs, John Wu, also talked about meme coins. According to John, meme coins are cultural crypto assets and they are in trend because of the cultural social media promotion. These crypto-assets have no use cases in actuality.  Alongside crypto experts & players opinions, the creators behind the Shiba inu coin already stated that Shiha inu like coins ( meme coins) are just part of a social experiment to figure ou...

Peercoin Network Activates Hard Fork on November 1, 2021

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The Hague, Netherlands (October 31, 2021) — The Peercoin Foundation today announced that the highly-anticipated hard fork of Peercoin is on track for 12:00:00 UTC, Monday, November 1, 2021 in a major technical upgrade that paves the way for a number of innovations to the Peercoin network. Peercoin, the first green cryptocurrency and original inventor of proof-of-stake consensus, will build upon its v0.10 codebase through the release of v0.11 (codename Tardigrade) with a major change to the Peercoin network through the removal of the transaction timestamp. The hard fork was previously announced on October 3, 2021. The transaction timestamp was originally implemented in Peercoin by founder Sunny King. Its purpose was to allow for an easier way to handle coinage in the client. It is a unique part of Peercoin’s protocol does not exist in Bitcoin. However, its inclusion back in 2012 consequently rendered Peercoin incompatible with a large number of tools, services, and infrastr...

TRON’s First GameFi Project WIN NFT HORSE Will Launch Its First IGO with Binance

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Justin Sun, once promised to go all-in on GameFi, is now back in the limelight with WIN NFT HORSE. On October 31, WIN NFT HORSE announced on Twitter that they would launch the first IGO in a collaboration with Biance NFT through blind box sales. In the following 3 weeks there will be an intensive marketing campaign focused on the growth of community. WIN NFT HORSE is known as a “GameFi + NFT” game jointly launched by TRON, APENFT Foundation, and WinkLink. The horse racing-themed game is also the first-ever GameFi project in the TRON ecosystem. On Binance NFT, users can access quality NFT horse racing assets at lower costs by investing in this new project, and WIN NFT HORSE can further increase its value and liquidity based on Binance’s sound ecosystem. Aside from the common gameplay of “Play to Earn”, WIN NFT HORSE has incorporated more mechanisms to shower players with opportunities to earn profits during the game. Players can earn NFT rewards in battles and those who make thei...

Department of Justice looking for a Director for newly Crypto Enforcement Team

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The US department of justice is hunting to hire an experienced person who can direct the new Enforcement Team against crypto.  In the present time, the United States Officials are trying their best to become top-level leaders to regulate the crypto market and associate illicit activities with strict rules. So the US Department of Justice created the  “ National Cryptocurrency Enforcement Team (NCET)”.  Right now the DOJ is looking to hire a perfect person who has 5 years of work experience in legal work and also has deep knowledge in Crypto & blockchain. So here, the DOJ requirement is mainly focused on hiring a person, who can handle the legal work easily to encounter crypto associated criminal activities easily.  According to the “hiring post of the DOJ”, the director will head the NCET and also will contribute to the investigation in the crypto criminal/crime activities. And NCET will be allowed to use crypto crime encounter tools also.  Here the r...

New South African Law Seeks to Ban Crypto From Pension Funds

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South African Finance Minister Enoch Godongwana has unveiled a draft law outlining the rules on how under Regulation 28. While under the old law, portfolio managers could invest 2.5% of members’ funds in a broader category called “other assets”, which was used to incorporate crypto assets. Now, the new rules completely exclude cryptocurrencies in the new government gazette. South African regulators have expressed doubts about the speculative nature of cryptocurrencies due to a lack of protection for investors, while at the same time exploring possible utility cases for distributed ledger technology. Regulation 28 is the law influenced by the Pension Fund Act to enforce how funds are invested. A part of Regulation 28 is to protect investors from investing too much in a particular asset class. The South African government defines digital assets as digital representations of value that do originate from the central bank but can be traded, transferred, or stored electronically by n...

TRON Officially Launches Cross-Chain Scaling Solution BitTorrent Chain (BTTC)

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On October 30, TRON tweeted to announce the official launch of BitTorrent Chain (BTTC) test network. BTTC is already compatible with TRON, Ethereum and BSC. It will also support HECO and OEC in the near future. Down the road, BTTC will arrive on more public chains to deliver its mission of connecting all chains. In the meantime, TRON will earmark $1 billion to spur the migration of projects from Ethereum onto BTTC. According to our sources, BTTC is co-developed by the core teams of BitTorrent and TRON, and is the first heterogeneous cross-chain interoperability protocol in the industry. It features a PoS consensus mechanism and multi-node validation, and supports off-chain matching and smart contract extension through sidechains. These have endowed BTTC with core competencies such as a heterogeneous cross-chain structure, fast and cost-effective transfers, and asset security. By leveraging the fully decentralized BTTC, users are able to transfer mainstream assets among TRON, Ethe...

DogeCoin inspired “Dogelon Mars” gains 4000% by October

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Dogelon Mars coin gained huge profit amid an increasing trend of meme coins in the crypto space.  After the support of Elon Musk , CEO of Tesla & SpaceX, DogeCoin surged rapidly and made many people millionaires. But in the trend of DogeCoin, Elon Musk gave shoutouts to the Shiba Inu and Floki like pets and that acted as a catalyst to pump these named coins also.  After the success of DogeCoin because of Elon Musk’s support, many people entered this space with their own crypto launch.  “Dogelon Mars” is one of the DogeCoin inspired crypto assets. Dogelon coin gained a huge surge. On Saturday, Elon ( Dogelon) touched $0.00000233 ( highest). However, at the time of writing this article, Elon has a current price of $0.000001888.  According to reports, Dogelon grabbed huge attention from the crypto market Investors because of the DogeCoin Mars name. In October, the market cap of Dogelon surged $26milliom to $1.19 billion. So Dogelon is at 92nd position in the t...

Popsicle will Repay To Victims of $25M Attack

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DeFi PlatformPopsicle has reportedly announced that they would refund $25 million to victims of the attack that took place previously in August. While calculating the funds that will be paid back to the users the Popsicle team has already done calculating the number of  ICE tokens at a value of $29 will be required in total to reimburse all the affected users. Tokens are issued as nICE to save gas fees. To cash out tokens, users must change the nICE in the Ethereum blockchain to ICE. Alternatively, customers can also choose to unstake nICE tokens or keep the nICE tokens and thus continue generating revenue from the funds. To get the payments via the Fantom wallet the users are required to add the nICE contract address to their FTM wallet the same way they did previously, and thus they will be good to go and get the share of the repayment. Even more, any user that continues to hold all of the distributed nICE tokens despite the recent hack will get an extra 20% bonus on the b...

Valkyrie officially withdraw their leverage Bitcoin ETFs application

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Finally, Valkyrie Investments gave up their plan to launch 1.25x leverage Bitcoin ETFs.  On 28 October, Bloomberg reported about the rejection of the filed application for Bitcoin ETF based second product of Valkyrie.  At that time, Valkyrie Investments firm didn’t respond to the news published by Bloomberg on the rejection of 1.25 leverage Bitcoin ETFs application.  On 29 October, Valkyrie Investments officially revealed all about it through their application.  However, the information about the planning to take the 1.25× application back was shared by Eric Balchunas- Bitcoin ETF analyst at Bloomberg- on Twitter.  Valkyrie officially withdrawing its 1.25x ‘Leverage for Ants’ bitcoin futures ETF. The fact that the two inverse ones are still in play could mean SEC ok w inverse but not ok w leverage. pic.twitter.com/D45lkZM4HR — Eric Balchunas (@EricBalchunas) October 29, 2021 Valkyrie Investments’ second Bitcoin ETFs products  As we know Valk...

Cardano stablecoin protocol Ardana secure a $10M through a funding round

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The Stablecoin project in the Cardano ecosystem secured a total of $10 million through their latest fundraising round.  Ardana is a stablecoin based crypto project in the Cardano Blockchain network. Recently a fundraising round for Ardana was led by the Three Arrows Capital and Ascensive Assets.  So, in the collaborative approach of Three Arrows Capital and Ascensive Assets,  Ardana secured a 10 million dollar fund for the better development of the Cardano based stablecoins project novel.  The founder and co-founder of Aradan, Ryan Matovu, shared their excitement about fundraising and stated  “As the first all-in-one stablecoin ecosystem built on Cardano, our platform provides users with convenient access to liquidity, an ever-present concern in the hyper-competitive DeFi world. We are also able to leverage Cardano’s speed, scalability and security to offer a decentralized financial solution that works for everyone, and soon we’ll even be facilitating fore...

Anthony Pompliano describes Shiba Inu as Dog Poo

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Crypto influencer Anthony Pompliano shared his stance on the Shiba Inu coin and described Shiba as Dog Poo because of no use.  Anthony Pompliano is a popular crypto influencer and popularly known for his “Best Business TV show”. Usually, they interview high profile personalities of the crypto space and sometimes non-crypto also.  On 28 October, Pompliano talked about the Shiba Inu coin.  Through the Best Business TV show, Pompliano said that no doubt a person made more than $5 billion through his $8000 investment in Shiba. But it was an individually personal trade. But here Shiba Inu coins have no actual value.  According to Pompliano, there is no single reason to buy Shiba Inu coin except trading.  “There is ZERO reasons why somebody should be owning Shiba Inu other than it may go up because other people are going to buy it” Further Pompliano said that the development team of Shiba is not doing any development on Shiba Inu. “There’s no development act...

BitTorrent Chain (BTTC) Official Launch With Super Representatives Election

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San Francisco, CA, 30th October, 2021, TRON, one of the world’s largest and most popular blockchain-based operating systems, and BitTorrent, the leader in peer-to-peer protocols and products, announced the official launch of BitTorrent Chain (BTTC) on October 30th, 2021. BTTC marks TRON and BitTorrents’ first-ever foray into the cross-chain field, heralding the advent of a whole new era!  Now calling for quality projects and institutions around the world. BTTC is the first heterogeneous cross-chain interoperability protocol built on TRON, co-developed by the core teams of BitTorrent and TRON. The protocol adopts a PoS (Proof of Stake) consensus mechanism, deploying multiple Super Representatives to validate transactions, and is compatible with EVM.  Furthermore, BTTC will support and be compatible with TRON, Ethereum, and Binance Smart Chain (BSC) upon its release, allowing users to transfer mainstream assets among TRON, Ethereum, and BSC in a decentralized manner without a...

American personality Jim Cramer shares his stance on Bitcoin

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An American TV celebrity shared his experience and stated a controversial statement in the crypto industry.  Jim Cramer is a popular celebrity in America. Once he got into Bitcoin & Ether investment but later he saw a huge pump and dump in crypto space. In the latest interview with CNBC, Jim shared his experience and described that he was doing gambling.  According to Jim, the whole crypto space is based on the concept “greater fool theory”. And there can be millions of fools in the crypto market. Jim believes that one person can make money by buying at low and selling at a high price. During the China crypto ban , the whole crypto market crashed with a gap. In that ban, Jim sold all his bitcoin holdings and now he is on Ethereum holdings.  Jim said that they have no type of love or attachments with Ethereum and said that he will sell all Ethereum at a high price.  “I don’t have any particular attachment to Ethereum and eventually I’ll ring the register o...

Thailand’s giant retail company is testing its digital currency

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Central Retail Corp. Is testing its own central bank Digital Currency (CBDCs). Later they will allow for public use.  In the present time, every big tech company is trying their best to integrate blockchain technology to bring its infrastructure to an advanced level. In the latest, one of the companies of Thailand, even not a tech company, entered the blockchain revolution.  On 28 October, Bloomberg published a report on Central Retail Corp, Thailand’s giant retail company. This company developed its blockchain asset (CBDCs). The name of CBDCs is C-coin.  C-coin is acting like Stablecoin or we can say act like CBDCs. However here the word CBDCs can’t be used because it is a private stablecoin and has no affiliation with any government authorities, while CBDCs are government authorised digital currency.  Currently, the company is doing its testing with the help of its own 80,000 employees. Companies distributed C-coin to their employees as a part of the bonus. ...

Russian bank Tinkoff plans for crypto investment services

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Russia based private Bank Tinkoff planned to integrate crypto services with the bank directly for their users amid huge restrictions by the government officials.  At present, crypto adoption is increasing more rapidly than other industries. And as we know, the crypto industry is the biggest competitor of financial services like fiat currencies, monetary authority systems and especially traditional banking systems. So few banks are worried about their future to sustain their life in the future traditional financial infrastructure. In the past, many Banks tried to integrate their banking services but they are disabled because of government laws and the Central Bank monetary system.  In the latest, Tinkoff investments,  a private Russian Bank, planned to offer crypto investment services. On 28 October, Dmitry Panchenko, the head of Tinkoff investments, shared his plans with the crypto-related services. However, Dmitry didn’t give clarity on how they will integrate crypto ...

AMC Entertainment plans to accept Shiba Inu coin

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Amid the increasing trend of crypto space with meme coins, AMC planned to accept the Shina Inu coin.  AMC Entertainment is the biggest cinema network in the United States. This year, AMC started to accept crypto payments for its services.  On 29 October, Adam Aron, CEO of AMC Entertainment , shared his willingness to accept the Shina Inu coin. Through the tweet, Aring added a Poll. The main aim of the poll is to figure out whether their customers want to support & use Shiba Inu in AMC Entertainment services or not.  TWITTER POLL #2: As you know, you can now purchase AMC gift cards using cryptocurrency, and our IT group is writing code so that soon we can accept online payments in Bitcoin, Ethereum, Litecoin and Dogecoin among others. Should we strive to take Shiba Inu too? — Adam Aron (@CEOAdam) October 29, 2021 In the poll, there are 4 options to vote for.  The first option is “Yes Shiba inu for sure “. The second option is ” Yes the more the merrier...

Regulatory concern not allowing Robinhood to list Shiba Inu

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A report of Reuters claimed that Robinhood may not soon list Shiba Inu coins because of many factors.  Since more than a week, Rumours and pressure on the Robinhood platform have increased to list Shiba Inu coins. Even many crypto investors forced Robinhood crypto exchanges through Twitter trends. But Robinhood firm is not open to talking about it.  Recently Reuters published a report on Robinhood listing Shiba Inu. According to Reuters, many factors are responsible for Robinhood not listing Shiba on their platform.  Reuters believes that there are regulatory concerns with the Robinhood platform to list new coins at their platform. And also we can understand that Robinhood will not go behind to make money blindly from their users but they will not take decisions in this early stage, probably regulatory matters are a big concern.  'When #shiba ?' ask Robinhood users hungry for #dogecoin -like returns https://t.co/3qEyhDa62U — Reuters (@Reuters) October 29, 2...

NewsCrypto’s Stellar – Polygon Bridge is Live on Mainnet with Chainlink Integration

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Ingolstadt, Germany, 28th October, 2021, The long-awaited Stellar – Polygon token bridge, developed by NewsCrypto , is now live on mainnet and it has integrated Chainlink’s Proof of Reserve feature in order to ensure the highest possible standard of security. The bridge gives all XLM holders the ability to swap their tokens from the native Stellar blockchain over to Polygon, the largest full-stack Ethereum scaling solution with a rapidly growing DeFi ecosystem, and it gives Polygon’s users the opportunity to have exposure to XLM without having to go to a different blockchain. When a user swaps their XLM tokens to Polygon, they receive wXLM (wrapped XLM) tokens, which can always be redeemed back to the native version on Stellar through the bridge. Given that both chains have very low gas fees, the swap fee is only 1 XLM (regardless of amount), in order to cover the transaction costs for the smart contract and the Chainlink Proof of Reserve node. The bridge has been in development – s...

US school Wharton will accept crypto payments

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Wharton school will accept crypto payments for their digital assets based educational program as a tuition fee.  Crypto education is a very important factor to push the adoption of crypto among the people. Education is only the key to pushing the whole world easily toward a better revolution with advancements in blockchain technology.  To push crypto education in the United States, Wharton school, premier business schools,  stated that they will accept tuition fees through crypto payments.  In the sixth week,  the cost for the educational program on digital assets and blockchain costs around $3,800. School management aimed to attract at least 1000 students in the US  for their “Economics of Blockchain and Digital Assets,” program.  School management will accept crypto payment in the Coinbase’ wallet directly. But their payment adoption through Crypto mode will remain limited only for their digital assets based educational program only. While othe...

Project Rundown Interview with Pitbull Community

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Hey guys! Happy to connect today and learn more about the Pitbull Community! Can you tell us more about the founding of the project and what the problem is that you were addressing? Hi, Dear Capital Team. Thanks for reaching out for this interview. We are glad to find an opportunity to talk about Pitbull after The Capital review on $PIT. Regarding the foundation of the project, we would like to start by stating that it is a completely community-driven project with the developer relinquishing ownership at the inception of the project. There are no individuals or groups that we can name as founder/CEO/Dev involved in the process of project development. Released March 17, 2021, on the Binance Smart Chain network, the Pitbull project has been iteratively built and improved upon by volunteers within the community since its inception. The project has become a unique social experiment in which the investors are integrated into the project both from a community and developmental standpoint...