Author: e_cash_top

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[ad_1] During a Twitter Spaces AMA held on Nov. 1, the crypto community bombarded Changpeng Zhao (CZ) with questions on Binance’s role with Twitter. On October 28, Elon Musk completed his takeover of the social media platform in a $44 billion move. Since assuming control, the Tesla CEO has brought in sweeping changes, including firing…

Ethereum maintains dominance against Bitcoin post-merge

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in Uncategorized

[ad_1] Ethereum (ETH) has regained its peak dominance against Bitcoin (BTC), according to Glassnode data analyzed by CryptoSlate. The BTC-ETH Dominance metric is an oscillator that tracks the macro outperformance trends between the top two crypto-assets. It considers only the market cap of Bitcoin relative to the combined market cap of the digital currencies. So…

JPMorgan executes first DeFi transaction on Polygon

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[ad_1] JPMorgan has executed the first live trade on public blockchain as part of the Monetary Authority of Singapore (MAS) Project Guardian. The banking giant completed the transaction using DeFi, Tokenized Deposits, and Verifiable Credentials. Project Guardian is an initiative of MAS with financial institutions such as JP Morgan, Marketnode, and DBS Bank Ltd. Its…

Crypto community mourns death of Balancer Labs co-founder

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[ad_1] Blockchain developer Nikolai Muchgian drowned on a beach in Puerto Rico, local media reported. According to the report, the 29-year-old died while swimming at the Condado beach, and his body has been recovered. He was a resident of San Juan until his demise. Muchgian is the co-founder of Balancer Labs and worked on MakerDAO.…

Circle, Paxos secure regulatory approval from Singapore financial watchdog

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[ad_1] On Nov. 2, the Monetary Authority of Singapore (MAS) approved Paxos’ license and granted in-principle approval to Circle. Paxos is the issuer of Paxos Standard (USDP) and the co-issuer of Binance USD (BUSD). On the other hand, Circle is best known for issuing USD Coin (USDC) and Euro Coin (EUROC). Approvals By securing its…

Top 10 sell-off sees DOGE nursing biggest losses

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in Uncategorized

[ad_1] Over the last 24 hours, the cryptocurrency market cap saw net outflows of $21.1 billion to $1,004.8 billion from $1,025.9 billion as of press time — down 2%. During the reporting period, Bitcoin’s market cap fell 0.9% to $392.3 billion from $395.7 billion. Meanwhile, Ethereum’s market cap decreased by 2.6% to $189.8 billion from…

Europe targets crypto influencers with new MiCA clause

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[ad_1] The EU’s Markets in Crypto Assets (MiCA) bill could significantly impact crypto influencers as some clauses hint at strict regulation. Circle’s EU strategy and policy director, Patrick Hansen, pointed this out, saying that commenting on a digital asset and profiting from it without disclosure could be termed market manipulation. Crypto influencers beware: Commenting on…

Galaxy Digital, BitMex, DCG announce staff cuts

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[ad_1] Crypto companies Galaxy Digital, BitMex, and Digital Currency Group (DCG) announced staff cuts to deal with the adverse state of the market, according to crypto reporter Wu Blockchain. Layoffs Galaxy Digital plans to lay off roughly 20% of its staff, equating to 75 employees out of its 375 staff, according to a Bloomberg News report.…

Ripple XRP Ledger integrates NFTs, Euro Stasis stablecoin

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[ad_1] Ripple XRP Ledger (XRPL) will now support non-fungible tokens (NFTs) after the community passed the XLS-20 proposal on Oct. 31. With the new development, developers can create unique digital assets on the blockchain network without affecting its network security or efficiency. Top executives at Ripple, like CEO Brad Garlingouse and CTO David Schwartz, described…

Hackers attack Deribit hot wallets, steal $28M in crypto

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