Does it matter which crypto wallet you use? - cyptoranking.com

2024-05-06

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In the medium term, Marathon also recently announced that it retired “the majority” of its convertible debt at a “significant discount,” which could put it in a stronger position for the bitcoin halving event in April 2024.How Bitcoin Mining Monetizes Grid Resilience, A National Defense Matter The proposal led to Nouns’ second fork, which curiously was executed days before the offending proposal finished its governance vote. The proposal currently lacks the votes needed to pass. Does it matter which crypto wallet you use?The USDT Paired Chart It's very easy in the crypto space to think that everything should happen in five minutes. Because quite a lot does happen very quickly. You have a lot of very talented, very dedicated teams who throw all their resources and intellectual capacity at problems and solve them. But we've got to remember that we are now talking about the traditional financial sector, and it does not move at that speed.

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Image by Gage SkidmoreThe U.S. House Financial Services Committee is currently a battleground for discussions concerning the possible launch of a Central Bank Digital Currency (CBDC) by the Federal Reserve. Today, Maxine Waters, a Democratic representative from California, sharply criticized a bill reintroduced by Republican Rep. Tom Emmer of Minnesota. The bill is looking to prevent the Federal Reserve from creating a CBDC.The Ongoing Debate on Crypto Adoption in the U.S. GovernmentLast week, Republican Rep. Tom Emmer of Minnesota rolled out the "CBDC Anti-Surveillance State Act," also known as HR 5403. According to a statement from Emmer, this bill, which is supported by 50 Republican co-sponsors, would prevent the Federal Reserve from directly issuing a CBDC to individuals. Additionally, it would stop the Fed from indirectly making a CBDC available through a third party.Waters, who has served as a former chair of the Committee, voiced concerns that the bill's partisan nature could hamper technological advancements in finance and put the U.S. at a disadvantage globally."Unfortunately, Republicans are marking up one bill that is not bipartisan. It will keep the United States behind other countries, including China, as they race forward to develop a global standard for central bank digital currencies," she warned. "At this point, nobody fully understands the potential benefits and challenges of CBDCs, or how their implementation could affect the preeminence of the U.S dollar and global finance more broadly. That is why the Biden Administration and the Federal Reserve are researching this."Crypto Regulation and Its Possible Impact on U.S. Global StandingWaters further argued that the bill put forth by the Republicans could slow down ongoing research efforts, which in turn could affect the country's ability to keep up with financial technological changes. "The Republican bill before us today would stifle that research and prevent us from moving forward even if it means that the dollar loses its status as the world’s reserve currency," she said. "And even if it means that U.S. citizens lose out on faster, cheaper, and simpler payments."This presents a concern for the U.S., as it may lose the opportunity to set global standards in what could be a major financial development.Maxine Waters and the Committee's Work on US Crypto and Other Financial MattersBefore concluding her remarks, Waters expressed disappointment in what she saw as a lack of willingness to innovate on the part of Republicans. "I am disappointed that Republicans have taken such a deeply anti-innovation stance," she commented.Despite disagreements, Waters acknowledged that the Committee's recent meeting was largely productive. She highlighted the Committee's progress in reaching a consensus on various matters, including U.S. banks reducing risks in their dealings with the Caribbean and other regions, compliance with sanctions concerning Russia and Belarus, and the imposition of sanctions on foreign companies that facilitate spyware targeting U.S. national security personnel.Other Legislative Efforts and Positions on CBDC in the U.S.Another bill up for discussion on today targets a more bipartisan approach. Known as the "Power to Mint Act," H.R. 3402 is sponsored by Democratic Rep. Jake Auchincloss of Massachusetts and Republican Rep. French Hill of Arkansas. The bill would mandate that the Federal Reserve seek approval from Congress before moving ahead with the issuance of a CBDC.It's not just in Congress where opinions on CBDCs are strong. Florida Governor Ron DeSantis, who is also a presidential candidate, signed a bill in May that prohibits the use of a federal CBDC in Florida. Another presidential hopeful, Vivek Ramaswamy, has likewise expressed firm views against CBDCs.While discussions are ongoing, the potential introduction of a CBDC by the Federal Reserve evidently has both supporters and detractors within the U.S. House Financial Services Committee. The implications for the U.S. in terms of global financial technology advancements and crypto regulation remain important topics that lawmakers will have to continue to grapple with.Hong Kong Steps Up Crypto Regulation with Warnings to Imitation Banks – Here's What You Need to Know Decentraland is a 3D virtual browser-based social platform built and governed by its users. Which crypto will 10x in 2023?— AegisWeb3 (@AegisWeb3) October 9, 2023 Yyctrader, the head of news at a known crypto news agency, has become the latest victim of a crypto phishing scam orchestrated via the growing Social-Fi App Friend.tech, which saw his wallet emptied.

Meanwhile, leading altcoins like Ethereum (ETH) and Solana (SOL) have had to deal with minor retracements in the last seven days. According to CoinMarketCap, SOL lost 6.09% of its value in the last seven days while trading at $22.39. ETH, on the other hand, exchanged hands at $1,592, after the Ethereum Foundation sold some coins lately. Source: AdobeStock / MaryLeading crypto exchanges Coinbase, Revolut, and Binance have updated their mobile and web applications to comply with the new regulations from the United Kingdom Financial Conduct Authority (FCA).Coinbase and Revolut informed their customers via email about the changes, which included the addition of "risk disclaimers" for crypto transactions. Users were also requested to update their mobile applications accordingly.Binance, on the other hand, launched a dedicated webpage specifically for its UK customers. The exchange temporarily halted operations through its mobile app but later resumed, assuring its British users of compliance with the new regulations.Komainu, a digital asset custody firm in the UK backed by Nomura, CoinShares, and Ledger, obtained a license to operate in the region on October 6. Komainu provides custodial services to exchanges, financial institutions, and asset managers.However, some other exchanges, such as ByBit and Luno, have decided to suspend operations in light of the new regulations.PayPal has also temporarily paused crypto purchases for its British users as it works on making its app compliant with the updated regulations.FCA Issues Alerts to 146 Crypto Firms in RegionJust recently, the FCA issued alerts to 146 crypto firms operating in the UK, cautioning that they are not authorized or registered by the regulatory authority. "We expect businesses including social media platforms, app stores, search engines, domain name registrars and payments firms to consider the alerts we have issued and play their part in protecting UK consumers from illegal promotions," the agency said. The new FCA rules, implemented earlier this year, require crypto firms to register with the financial regulator and have their marketing materials approved by an FCA-authorized firm.Key updates include exchanges providing clear warnings to customers about the risks associated with crypto investments. Marketing materials must be fair, transparent, and not misleading. Additionally, a 24-hour cooling-off period for new customers is required.While the FCA extended the deadline for implementing technically challenging features like the cooling-off period until January 2024, firms are expected to adhere to the "core rules" from October 8.The FCA has warned that failure to comply can result in criminal charges, including unlimited fines and up to two years' imprisonment, for domestic and overseas exchanges operating in the UK.The UK has been among the countries that have ramped up regulatory efforts following some high-profile bankruptcies last year. Earlier this year, the country officially passed legislation to regulate cryptocurrencies and stablecoins as part of its broader financial regulatory reforms post-Brexit.The law, dubbed the Financial Services and Markets bill, will grant regulators the authority to establish a tailored framework for the digital asset sector, supporting crypto’s "safe adoption in the UK."Today in Crypto: Fines and Prison for Unregistered Crypto Firms in Cyprus, OrdinalsBot Raise $1 Million, Zimbabwe Gold is Now a Payment Method Best Cryptocurrencies To Buy Right Now [November 2022]The so called “wealthy elite or major 🤨 Bankers” couldn’t give two shits about this coin right now. Nothing I repeat NOTHING is being manipulated. Oh and if you dare name some names and give a source or two. Untill then stop this false narrative. https://t.co/uwWQy4SKPe— AA (@blaaanco945) October 9, 2023 Source: Miguel Faus / TwitterWho says NFTs are dead? ‘Calladita / The Quiet Maid' - a movie funded by the sale of non-fungible tokens (NFTs), set to premiere at the Tallinn Film Festival - has secured a global sales deal. 'The Quiet Maid' is the first European feature film financed by the sale of NFTs. It is a debut film and a social satire by the Spanish filmmaker Miguel Faus. The world sales rights were picked up by the Iberoamerican company FilmSharks.Deadline reported that FilmSharks made the deal at Iberseries, an industry conference held October 3-6 in Madrid.The film won the Steven Soderbergh Foundation Grand Prize at the Sundance Film Festival.Steven Soderbergh is an American film director, producer, screenwriter, cinematographer, and editor, well known for movies such as the Ocean's trilogy and film franchise, 'Erin Brockovich', 'The Informant', 'Contagion', 'Haywire', 'Magic Mike', and others.In January, Soderbergh backed 'The Quiet Maid' with $100,000 from an on-chain fund and granted it the award through the Decentralized Pictures Foundation. Debuting in November"Over the moon to announce that the World Premiere of THE QUIET MAID / CALLADITA will be at TallinnBNFF in the First Feature Official Competition," Faus tweeted on October 6. Tallinn Black Nights Film Festival will be held November 3-19, while this particular film will debut on November 10. The production team includes Calladita Films, Potenza Producciones, and Decentralized Pictures. Cast features Paula Grimaldo, Ariadna Gil, Luis Bermejo, and Pol Hermoso. Per the description, the film runs for 90 minutes, following Ana from Colombia, who takes up a servant job in an art collector's luxury villa located in an affluent Spanish neighborhood in Catalonia. "In a few days, the seemingly ordinary villa turns into a rabbit hole and from its depths, Ana finds the courage to create chaos instead of order."It is based on a short film of the same title that Faus made in 2020, which premiered at Palm Springs Shortfest and Malaga Film Festival. It was subsequently acquired for streaming by HBO Max. Faus' previous short film from 2018, 'The Death of Don Quixote', won the Melies d’Argent for Best European Short Film at the Sitges Film Festival. Commenting on 'The Quiet Maid', Faus told Deadline that, "This is an important story, and we’re so glad to take it to an international stage."Federico Pascua, Senior Sales and Acquisitions at Filmsharks, described the film as a "gem" that caught the company's attention "because of its different cinema flavors, including a strong cinematic director's eye with a very accurate portrait of the social dissonance happening today that translates as a global matter."Meanwhile, Faus also announced a raffle of a Calladita NFT for those who spot every NFT appearing in the official trailer. ____Learn more: - New 'Dogumentary' Chronicles the Rise of Dogecoin- Margot Robbie Mocks Bitcoin, Labeling It a 'Ken' Affair, as Mattel Explores NFTs- Top 7 Bitcoin Documentaries To Watch in 2022- Ashley Benson Talks Fame, Hollywood, & Her New NFT MovieStarbucks Celebrates 20 Years of Pumpkin Spice Latte with NFT Collectibles

Jones’ voice joins a chorus of Bitcoin bulls, who see beyond the immediate tumult, envisioning it in the face of earthly conflicts.Lightning Network Growth Is a ‘Shock‘, Says Bitcoin Analyst With most applications for a spot bitcoin ETF in an extended waiting period after the Securities and Exchange Commission last month delayed the ongoing processes with fresh public comment periods, the industry has gone from the excitement of waiting for a possible approval with bated breath to the doldrums of now just waiting. NSE is largest global exchange for derivatives trading for third yearMining is the process of creating new Bitcoin and other cryptocurrencies and verifying transactions involving those coins. It uses vast, distributed networks of computers that check and secure blockchains, which are digital ledgers that record cryptocurrency transactions. Unrealized profit and loss are the main catalysts for liquidity. As it’s constantly changing, price marks are employed to ensure that calculations for unrealized PnL stay accurate.

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