Author: e_cash_top
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What’s going on with Silvergate, the bank that props up the U.S. crypto market?
[ad_1] Earlier this week, cryptocurrency bank Silvergate announced that its exposure to FTX was limited to its deposits. The U.S. bank, which services the majority of the crypto industry in the country, said that it had no loans or investments in FTX. The bank’s statements managed to soothe the market, with its stock posting a…
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Will aggregator marketplaces become the go-to places to buy NFTs?
[ad_1] Nov. 2022, Vincy Data Source: Footprint Analytics – NFT Aggregators Trends Overview While there are several NFT marketplaces to choose from when buying your digital assets, it is inefficient to constantly switch between them when trading. Another problem in the fragmented market is having to pay gas fees more than once when buying from…
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Indian central bank on track to launch retail CBDC pilot next month
[ad_1] The Reserve Bank of India (RBI), the country’s central bank, is finalizing the rollout of the retail digital rupee pilot, the Economic Times of India (ETI) reported on Nov. 19. The RBI initiated the wholesale central bank digital currency (CBDC) pilot on Nov. 1 to test its usage in settling transactions in government securities.…
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CertiK investigates KYC actors hired to scam the web3 community
[ad_1] Blockchain and decentralized finance (DeFi) focused security platform Certik’s investigation led to the discovery of the professional “KYC actors” who bypass KYC processes to scam crypto communities, according to a Nov. 17 Certik blog post. A KYC actor is defined as an individual who rogue developers hire to spoof the KYC process on crypto…
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KuCoin CEO Johnny Lyu confirms exchange ‘fully liquid,’ talks regulation and the future of DeFi – SlateCast #31
[ad_1] Speaking with CryptoSlate’s Akiba on the latest episode of the SlateCast, Johnny Lyu, the CEO of KuCoin, stated that the collapse of FTX was a “huge blow to the entire industry” but that. “Institutions and exchanges are all willing to extend a helping hand for this crisis to go away as soon as possible…
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Web3’s Biggest Consumer: The Consumer
[ad_1] Recapping Mint Season 6, Episode 23 Season 6, Episode 23 of the Mint Podcast with Adam Levy features Gaby Goldberg. She is an investor at TCG Crypto, an early stage consumer crypto fund focusing on web3 scaling, investing in the Passion Economy. Some of these investments include RabbitHole, Archive, and The Hume Collective. She…
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Yield farming alternative Haru Invest leverages market inefficiencies through algorithmic trading – SlateCast #32
[ad_1] Haru Invest offers an alternative to yield farming by providing a custodial solution to leverage market inefficiencies through algorithmic high-frequency trading. Such trading strategies are often reserved for OTC trading firms and hedge funds. However, Haru leverages crypto markets to give access to retail investors. Investors deposit crypto into the Haru Invest app available…
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Eyes turn to Grayscale Bitcoin Trust after FTX collapse; Cardano to launch fiat-backed stablecoin in 2023
[ad_1] The biggest news in the cryptoverse for Nov. 18 includes fears of Grayscale Bitcoin Trust being in trouble, Bahamas’ order for FTX to transfer its digital assets, and SafePal’s 125% spike as a result of the increasing popularity of non-custodial wallets. CryptoSlate Top Stories Community fears FTX implosion might affect Grayscale Grayscale Bitcoin Trust…
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How web3 gives power back to the players with Alex Connolly CTO of Immutable X – CryptoSlateIRL #22
[ad_1] Speaking with CryptoSlate’s Akiba at the recent NFT.London event, CTO of Immutable X, Alex Connolly, spoke about the future of web3 gaming and the power it gives back to the players. Immutable X has taken the web3 industry by storm, growing to a $2.5 billion valuation in just two years. Past investment rounds included…
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Bitcoin owes its success in Nigeria to the unstoppable youth, says Paxful CEO
[ad_1] CryptoSlate caught up with Ray Youssef, the co-founder and CEO of the peer-to-peer trading platform Paxful, during Bitcoin Amsterdam. He said the mental strength and hustle of Nigerians, combined with the introduction of Bitcoin rails in the country, is making a real difference in breaking “economic apartheid.” The issue of business billing Giving his…