Crypto events of 2021 in retrospect
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Crypto events of 2021 in retrospect

The year 2021 is coming to a close, and if there’s one way to describe how the cryptocurrency industry fared in the past 12 months, it would be momentous growth.  Major cryptocurrencies shattered previous records, adoption grew, new sectors sprouted, and novel blockchain use cases made significant breakthroughs. The Market Insight’s latest edition recalls the events covered in past issues…

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Bitcoin Is A One-Way Hash Function

Understanding Bitcoin is a one-way hash function should make sense because a hash function cannot be reversed. Once you understand that, it is hard to go back to thinking otherwise. The secure hash algorithm or SHA-256 puts Bitcoin in a different lane, where you can share your bitcoin address without risking the security of your funds. But there is so…

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SEC Chairman Gary Gensler Adds Crypto Adviser to Executive Staff
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SEC Chairman Gary Gensler Adds Crypto Adviser to Executive Staff – Regulation Bitcoin News

The U.S. Securities and Exchange Commission (SEC) has added a number of advisers to Chairman Gary Gensler’s executive staff. Among them is Corey Frayer, who advises Gensler on “SEC policymaking and interagency work relating to the oversight of crypto assets.” SEC Has New Adviser for the Oversight of Crypto Assets The U.S. Securities and Exchange Commission (SEC) announced Thursday the…

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Estonia’s new AML laws set to clamp down on crypto industry
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Estonia’s new AML laws set to clamp down on crypto industry

Beginning in February, Estonia is set to introduce sweeping changes to its definition of Virtual Asset Service Providers, or VASPs, to include several cryptocurrency-related services — a move that could impact Bitcoin (BTC) ownership in the country — according to European compliance specialist Sumsub. On Sept. 21, the Estonian Ministry of Finance published a draft bill to update the Money…

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$2.2M Worth of Bored Ape Yacht Club NFTs Stolen — Victim Says Incident Was 'Arguably the Worst Night' of His Life
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$2.2M Worth of Bored Ape Yacht Club NFTs Stolen — Victim Says Incident Was ‘Arguably the Worst Night’ of His Life – Bitcoin News

According to reports, roughly $2.2 million worth of Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) non-fungible tokens (NFTs) were stolen from a collector. The owner of the NFTs Todd Kramer said the incident was “arguably the worst night” of his life. Furthermore, there’s claims that the NFT marketplace Opensea froze the collectibles, and crypto advocates are…

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Shiba Inu Devs Announce First Phase of Doggy DAO

Developers for Shiba Inu (SHIB) have announced the first iteration of Doggy DAO, a decentralized autonomous organization aimed at handing control over the project’s ShibaSwap DEX to the meme coin’s community. DAO 1, launched today in beta, will enable the Shiba Inu community to vote on which crypto projects and pairs will be added to ShibaSwap’s WOOF liquidity pools, and…

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Bitcoin holds $48K as final Wall Street session caps 60% YTD gains for BTC
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Bitcoin holds $48K as final Wall Street session caps 60% YTD gains for BTC

Bitcoin (BTC) chipped away at its latest gains on Dec. 31 as the final trading session of 2021 opened on Wall St. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin posts 60% year-to-date gains Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it meandered around the $48,000 mark, having reached multi-day highs of $48,550 hours earlier. The uptick had…

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Airdrop culture could pose integral threat to DeFi industry
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Airdrop culture could pose integral threat to DeFi industry

EtherWrapped, a project designed to provide a yearly summary of users nonfungible token (NFT) activity, launched a little over eight hours ago to palpable fanfare within the crypto community. The website detailed a plan to airdrop YEAR tokens based upon quantitative engagement statistics in users’ MetaMask wallet, or in simpler terms, their number of transactions, volume traded, a gas fees, among…

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BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE
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BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE

Bitcoin (BTC) and most major altcoins are attempting a rebound off their respective support levels, indicating that buyers continue to accumulate on dips. Data from Coinglass shows that 9,925 Bitcoin left Coinbase Pro, the professional trading arm of Coinbase, on Dec. 30, a possible sign of institutional buying. This is in sharp contrast to the strong inflows seen in Binance…

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