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Month: December 2021
Kraken’s NFT Marketplace Could Let Users Borrow Funds Against CryptoPunks
Crypto exchange Kraken is reportedly developing its very own NFT marketplace, where users can buy and sell various jpegs. What’s more, the exchange’s CEO, Jesse Powell, said that digital art collectors may also be able to borrow against their collection. “If you deposit a CryptoPunk on Kraken, we want to be able to reflect the value of that in your…
‘Spider-Man: No Way Home’ Pirates Caught in Web of Monero Mining Malware
Pirates attempting to download illegal copies of the latest Spider-Man film are exposing their computers to crypto-mining malware. According to researchers at cybersecurity firm Reason Labs, copies of “Spider-Man: No Way Home” circulating on torrent sites have been packaged with malware that diverts the user’s computer to mining the “privacy coin” Monero. The affected file is named “spiderman_net_putidomoi.torrent.exe,” which translates from…
Bukele ‘Has Not Responded’ to Claims of Bitcoin Vanishing From Citizens’ Wallets: Report
Salvadorans are inexplicably losing their Bitcoin from their Chivo wallets, according to a Twitter user tweeting under the pseudonym El Comisonado, and per The New Scientist. According to The New Scientist, El Comisionado has collected over 50 examples of Bitcoin inexplicably going missing from Salvadoran Chivo wallets. “The government has not responded, nor does it acknowledge the errors,” he told…
Working Group Meets to Prepare Regulations for Cryptocurrencies in Russia – Regulation Bitcoin News
A crypto working group has held its first meeting at Russia’s parliament. Its members have been tasked to put forward legislative proposals designed to comprehensively regulate cryptocurrencies and related matters in the Russian Federation. Working Group Gathers at State Duma to Draft Crypto Regulations Lawmakers, government officials, and experts have met at the lower house of the Federal Assembly of…
Baidu metaverse app would take 6 years for a full launch, VP says
The Chinese internet giant Baidu doesn’t expect to fully launch its XiRang metaverse app soon despite the app’s initial would debut on Monday, according to a senior executive. Baidu vice president Ma Jie believes that it is still “negative six” years to full XiRang’s launch, CNBC reported on Thursday. He noted that the development of the app started in December 2020.…
Main Events in the World of Cryptocurrencies in 2021
beginner Year after year we get more amazed at how much the cryptocurrency market and the community are growing. We’ve seen Bitcoin’s new records, an ever-changing top 10 cryptocurrency chart, a boom in decentralized finance, and more. Let’s remember what outstanding crypto events of 2021 we have witnessed. Bitcoin’s Bull Run Despite the fact that writer Nassim Taleb calls Bitcoin…
Just 1.3 million Bitcoin left circulating on crypto exchanges
In glad tidings for an orange Christmas, Bitcoin (BTC) supply is drying up to lows not seen for years. In a recent tweet by CryptoRank, just 6.3% of the total Bitcoin supply, or 1.3 million BTC, is held on cryptocurrency exchanges. The decreasing supply is nothing new, trending down since the Bitcoin halving in 2020 when the BTC block reward…
DeFi Tokens Post Double-Digit Gains Amid Crypto Market Recovery
As markets head into the holiday weekend with Bitcoin getting back above $50,000, a number of decentralized finance (DeFi) blue-chip tokens are leading the charge, posting solid gains over the last day. SUSHI, the governance token of the popular Ethereum-based decentralized exchange (DEX) SushiSwap, is up 12% today, changing hands at $7.55 by press time, according to CoinGecko. The token…
President Bukele fires back at critics on ‘Bitcoin experiment’
On Thursday, Salvadoran President Nayib Bukele reaffirmed his belief for Bitcoin (BTC) supremacy on Twitter once again, this time stating that after widespread adoption occurs, “it’s game over for fiat.” The Salvadoran president has been a mainstay in news headlines due to his government’s regular BTC purchases and absolute pro-Bitcoin stance. He has made frequent statements and comments to support the original…