China invades India through crypto route - cyptoranking.com

2024-05-11

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According to sources, the liquidators had been monitoring Zhu Su’s activities in Singapore and discovered that he hosted parties at his upscale bungalow. On September 29, they reported to the police that Zhu Su might be in a car traveling from the bungalow to the airport. In September, the central bank published a 300-page book, “Economics of Digital Currencies: A Book of Readings, ” explaining the financial implications of adopting a CBDC. The paper included topics such as the potential effect of a CBDC on deposit liabilities, regulatory concerns, social welfare, and public sentiment. China invades India through crypto routeEventually, if not imminently, investment banks will trade NFT portfolios over their OTC desks. Some bright young thing in a whip-sharp suit will concoct synthetic CDOs and credit default swaps on tranches of CryptoPunks, and before you know it, grandma’s pension fund will own apes. Ultimately, we’ll all have apes. Or be apes — fractal pieces of ownership in the crystalline structures of global finance. Tokenized assets, mutual funds, ETFs. These indexes that track whole markets have a fungibility and legitimacy that can’t be achieved any other way. They are, in short, what people truly mean when they say “adoption.” “It’s not like, ‘hey, let’s just dump a bunch of yield into it and compete with DAI.’ Our view is we want to complete this design,” Kazemian said. “In order to complete a dollar-pegged stable coin, you need a way to bring the Fed yield on-chain.”Ethereum is ‘much more centralized than folks realize’: Blocknative’s Matt Cutler

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As Bitcoin matures, it could gradually metamorphose into a trusted payment medium in Palestine. For now, it provides an escape from the hefty fees tied to international financial services prevalent in the Middle East and an alternative to PayPal’s exclusion.Understanding the $65B Line of Credit: Key Testimony in SBF Trial In this bullish scenario, MATIC’s price could climb to as high as $0.6500 in the next few days. Contradicting this bullish thesis was the noteworthy bearish technical flag that was on the verge of being triggered on MATIC’s daily chart. What is the fastest payment crypto?This comes amid Lewis facing criticism from the well-known blockchain investigator CoffeeZilla, who has more than 560,000 followers on X. SOL had been trading within a consolidation channel between $22.20 and $25.55 throughout the past few days. This was after SOL’s price broke above the lower level of this sideways channel on October 1, 2023. Subsequently, the cryptocurrency may enter into a strong move as this accumulation phase approaches its end.

In this week’s newsletter, read about how a nonfungible token (NFT) artist raised money to support a cancer charity and why payments platform PayPal has filed a patent application for an NFT marketplace. Check out Meta’s new photorealistic metaverse avatars and, in other news, learn why Neal Stephenson’s metaverse blockchain project remains optimistic despite waning interest.NFT artist raises $140,000 for cancer support charityNFT artist Trevor Jones donated almost $140,000 to Maggie’s Edinburgh — an organization dedicated to cancer treatments — after raising funds from a Web3 event in France. The amount raised from the event will help 4,000 patients affected by cancer and those who need critical support. According to Maggie’s Edinburgh, the funds raised by Jones will be the highest single donation from an art event in the organization’s history. The money collected will support services for cancer patients and their families.Continue readingPayPal applies for NFT marketplace patent for on- or off-chain asset tradingPayment platform PayPal filed a patent application for an NFT transfer and purchase system. The patent application was filed at the United States Patent and Trademark Office in March and was made available publicly in September. The patent described a system that lets users buy and sell NFTs through a service provider. While the provider was not mentioned, the document did mention Ethereum, suggesting that it may be based in the network. Continue readingThe metaverse is real: Zuck’s “incredible” photorealistic tech wows Crypto TwitterAs critics continue to declare the metaverse dead, Meta CEO Mark Zuckerberg showcased the company’s developments in the space in a podcast using photorealistic avatars in the metaverse. Using Meta’s Quest 3 headsets and noise-canceling headphones, Zuckerberg and podcast host Lex Fridman engaged in an hour-long interview using metaverse avatars. The improvements got the attention of Crypto Twitter, with some comparing previous iterations of Zuckerberg’s metaverse with the present one, saying the “metaverse has upgraded.”Continue readingNeal Stephenson’s blockchain project holds discovery month as metaverse hype wanesMetaverse blockchain project Lamina1 is holding an event called the Open Metaverse Discovery Month to let builders and creators experience the metaverse. The company believes that despite the lower interest in the metaverse, the concept will live as long as people are willing to spend time and money on it. According to Lamina1 CEO Rebecca Barkin, the project was able to attract 50,000 builders despite the crypto winter and people writing eulogies for the metaverse. The executive remains optimistic that its founder, Neal Stephenson’s vision of the metaverse will challenge corporate greed and give more autonomy to creators. Continue readingCHECK OUT COINTELEGRAPH’S NFT STEEZ PODCASTThanks for reading this digest of the week’s most notable developments in the NFT space. Come again next Wednesday for more reports and insights into this actively evolving space.DAOs can help scientists find funding and community, says Nature science journal Jobs A Look at the dYdX Decentralized Exchange Post Governance Token LaunchThe adoption of blockchain technology by traditional video game companies has been slow due to scalability concerns, regulatory ambiguity, market acceptance, and past security breaches. Blocknative, a provider of tools for transactions on the Ethereum blockchain, has recently undertaken a restructuring that resulted in a headcount reduction of just over 33%, according to CEO Matt Cutler.

Amazon Is Giving Away Free Gaming NFTs—Here's How to Claim One of the barometers the cryptocurrency world’s rising legitimacy is the influx of applications for spot Bitcoin (BTC) and Ethereum (ETH) exchange traded funds (ETFs). Turpin suggests that such movements could be viewed as third-party endorsements of the digital currency sector. Is it smart to buy $10 of Bitcoin?Gilot: We dont want to! We want to see players who level up through Ultra Arena take the stage at those massive LAN events, which will be a proud moment for all of us. In a recent tweet, Yyctrader narrated the harrowing incident that left his crypto portfolio compromised, expressing deep regret for his mistakes. Specifically, Yyctrader disclosed that his Friend.tech wallet had fallen victim to a phishing scheme, losing his entire Friend.tech portfolio of 22 ETH worth $34,958.

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