Author: e_cash_top

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[ad_1] Decentralized oracle protocol Chainlink has announced the launch of its long-awaited staking reward programs- the SCALE and BUILD. The programs are part of the Economics 2.0 plan to secure the network and reward participants by introducing staking. Chainlink SCALE Program The Sustainable Chainlink Access for Layer 1 and 2 Enablement (SCALE) program is part…

British pound drops to all time lows against the dollar

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in Uncategorized

[ad_1] On Sept. 16, 1992, the British pound dropped to its all-time low. The day has since become known as “Black Wednesday,” or the day George Soros broke the Bank of England. The historically stable currency lost 4.8% of its value against the U.S. dollar, effectively keeping the U.K. out of the E.U.’s newly formed…

Klaytn launches gas fee rebate program for Web3 Gamers

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[ad_1] Korean-based blockchain Klaytn has launched an initiative to allow Web3 gaming companies to build on its network to offset gas fees for gamers. Unlike traditional games, gamers in Web3 need to purchase cryptocurrency to pay for gas fees before playing a game. Moments of high network activities such as the OtherSide NFT mint have seen…

BIS concludes CBDC pilot with cross-border payments totalling $22M transacted

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in Guides

[ad_1] A pilot project involving four Asian central bank digital currencies (CBDC) involving real-value transactions was completed on Sept. 23, according to a LinkedIn post by Bank for International Settlements (BIS) advisor Daniel Eidan. The pilot project, titled mBridge project (also known as Multiple CBDC or mCBDC), facilitated $22 million worth of real-value cross-border transactions…

Do Kwon, LFG deny cashing out 3313 BTC

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in Uncategorized

[ad_1] Terraform Labs co-founder Do Kwon and Luna Foundation Guard (LFG) have denied reports that the foundation moved to sell 3313 BTC worth over $69 million via KuCoin and OKX crypto exchanges. Data analytics platform CryptoQuant reportedly identified a wallet address created on Binance by the LFG shortly after an arrest warrant was issued for…

Binance launches new program to help law enforcement fight cyber crime

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[ad_1] Binance on Sept. 27 unveiled its new Global Law Enforcement Training Program, which will help law enforcement detect cyber financial crime and assist in prosecuting malicious actors. This program is the industry’s first global coordinated effort. According to the announcement, the Binance investigations team has grown exponentially over the year and is ready to…

Binance takes aim at cyber financial crime; CEL tanks after Celsius’ Alex Mashinsky resigns

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[ad_1] The biggest news in the cryptosphere for Sept. 27 includes Binance’s new global program that aims at helping law enforcement fight cybercrime, FTX’s acquisition of the bankrupt Voyager, and Celsius CEO Alex Mashinsky’s resignation. CryptoSlate Top Stories Binance launches new program to help law enforcement fight cyber crime Binance announced the launch of its…

Nexo acquires stake in Summit National Bank to expand US offering

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in Guides

[ad_1] Nexo, a digital asset lending platform, announced that it has acquired a stake in Summit National Bank. The company now owns an unspecified stake in Hulett Bancorp, the holding company that owns the federally chartered bank. Nexo called the acquisition an “industry-changing transaction,” as it will expand Nexo’s footprint in the U.S. and enhance…

FTX US President Brett Harrison stepping down

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[ad_1] FTX US president Brett Harrison announced Sept. 27 that he is stepping down from his role and moving into an advisory role at the United States-based crypto exchange. 1/ An announcement: I’m stepping down as President of @FTX_Official. Over the next few months I’ll be transferring my responsibilities and moving into an advisory role…

Bitcoin on-chain metrics suggest bottom is now in

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