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Coinbase users launch online refund campaign following GYEN troubles

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Posted on December 9, 2021

Coinbase has come under fire recently following a technology snafu that reportedly resulted in the company closing many of its customer’s accounts. When users attempted to purchase Japanese stablecoin GYEN and Powerledger (POWR), they suffered from technical difficulties. This was then followed by an error in the system response. Now, deeply frustrated customers have launched

Financial Way of Future, Building Wealth Are Key Drivers of Owning Crypto: Study Shows

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Posted on December 9, 2021

Credit card payment giant Visa recently has conducted a study, which shows that up to 42% and 41% of the respondents respectively believe “the financial way of the future” and to “build wealth” as the biggest catalysts of motivation by owning cryptocurrency. The report titled “The Crypto Phenomenon: Consumer Attitudes & Usage” noted: “The

Bitcoin dips below $50K as Evergrande defaults on US dollar debt

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Posted on December 9, 2021

Bitcoin (BTC) kept $50,000 as a focus on Dec. 9 as consolidation on BTC/USD continued to avoid last week’s lows. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin “appears on track” Data from Cointelegraph Markets Pro and TradingView showed the pair acting within a small range around the $50,000 mark overnight, this yet to become firm

These Two Altcoins Have Massive Potential for December, According to Crypto Analyst Aaron Arnold

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Posted on December 9, 2021

Cryptocurrency analyst Aaron Arnold is naming two altcoins that he says possess massive potential. The crypto analyst tells his 1,160,000 YouTube subscribers that the first altcoin with massive potential is Chainlink (LINK), an Ethereum-based crypto project that facilitates the transfer of data to smart contracts from off-chain sources. Arnold says that Chainlink Labs has bagged

Macro Guru Raoul Pal Betting on Bitcoin, Ethereum and Nine Additional Altcoins – Here’s His Current Crypto Portfolio

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Posted on December 9, 2021

Real Vision chief executive Raoul Pal is revealing most of his crypto portfolio for public viewing. In a new interview with Thinking Crypto, the former Goldman Sachs executive says that he primarily started out as a Bitcoin (BTC) investor then switched most of his BTC into Ethereum (ETH). Pal says he then built a basket

Visa Launches Crypto Consulting Services to Promote Mainstream Development of Cryptos

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Posted on December 9, 2021

Payment giant Visa said that it will launch a new consulting service focused on the cryptocurrency field to help customers gain a deeper understanding of cryptocurrencies. As part of efforts to expand the knowledge base of its clients and partners in their cryptocurrency journey, Visa has introduced a global crypto advisory practice as part of

Crypto Investors Should Expect No Compensation From Government: UK Regulator

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Posted on December 8, 2021

Nikhil Rathi, the Chief Executive Officer of the United Kingdom Financial Conduct Authority (FCA) has taken a harsh stance against the chances of victims of digital currency scams receiving compensation from the government. Speaking through a statement to the Treasury Committee, Rathi commented about the risks of the much-unregulated cryptocurrency sector in the country: “When we talk

France & Switzerland Central Banks Succeed Pilot CBDC Trials in Conjunction with BIS

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Posted on December 8, 2021

The trio of the Central Banks of France, Switzerland, and the Bank of International Settlements (BIS) has successfully conducted a wholesale Central Bank Digital Currency (wCBDC) trial involving both country’s fiat notes. The BIS revealed the “experiment programme launched by the Banque de France (BdF) in 2020 has been completed”. It also involved third-party technology service providers, including

Kickstarter’s New Company Will Run on Blockchain Tech by 2022

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Posted on December 8, 2021

Crowdfunding platform Kickstarter plans to unveil a standalone company by building a crowdfunding system based on blockchain technology. In a blog post, CEO Aziz Hasan and co-founder Perry Chen also reported that Kickstarter will switch its own website to the new infrastructure following the completion of the new company sometime in 2022. Currently, the new

Hong Kong-Based Chiron VC Raises $50M for Launching Terra Ecosystem Fund

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Posted on December 8, 2021

One of Asia’s biggest Venture Capital firms, Chiron Partners, has launched a $50 million ecosystem fund christened the Chiron Terra Fund I (CTI), aimed at supporting innovative projects that are emerging from the Terra blockchain ecosystem. The firm announced that the CTI will support the projects. In addition, the Fund will involve in decentralized finance (DeFi), non-fungible tokens

Author: admin