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top line Cryptocurrency market capitalization increased by tens of billions of dollars this week amid a broad market rally. This was partly fueled by Dogecoin's 40% rally after Elon Musk, the world's richest man and self-proclaimed “Dogefather,” completed the takeover of Twitter. . This illustrated photo taken on November 2, 2021 in Krakow, Poland, shows a mobile phone screen and a representation of Dogecoin. (Photo by Jakub Porzycki/NurPhoto via Getty Images)NurPhoto (from Getty Images) important facts The crypto market was worth $1.5 trillion on Friday, according to CoinGecko's 13,000+ crypto tracker. That's an increase of almost $100 billion from last…
top line Cryptocurrency market capitalization increased by tens of billions of dollars this week amid a broader market rally. This was partially driven by Dogecoin's 40% rally after Elon Musk, the world's richest man and self-proclaimed “Dogefather,” completed his takeover of Twitter. Dogelon Mars cryptocurrency logo and Dogecoin representation displayed on a mobile phone screen … [+] This illustrated photo was taken on November 2, 2021 in Krakow, Poland. (Photo by Jakub Porzycki/NurPhoto via Getty Images)NurPhoto (from Getty Images) important facts The crypto market was worth $1.5 trillion on Friday, according to CoinGecko's 13,000+ crypto tracker. That's an increase of…
Cryptocurrency finance has been widely adopted in developed countries, with strong support in the United States and Japan. According to the Chainalysis 2022 Global Crypto Adoption report, Vietnam ranks first in cryptocurrency adoption with an index ranking of 1.000, followed by India in fourth place with an index score of 0.663. The future of crypto finance in India is a topic fraught with promises and pitfalls. With the Indian government steadily working towards the development of crypto finance, there has never been a better time for crypto enthusiasts to explore the space. The regulatory framework and investor perception towards cryptocurrencies…
Image | Pexels TWeb 3.0, the third version of the Internet, is based on blockchain technology. The goal of Web 3.0 is an intelligent, autonomous, connected and open Internet. One of the key trends expected as we approach Web 3.0 is decentralization. It is the theory of distributing power from small groups or individuals to the entire population. India was one of the first countries to support Web 3.0 technology. According to a 2021 Indian crypto industry survey by NASSCOM and WazirX, India currently has over 230 Web 3.0 startups. Advances in Internet technology through Web 3.0 increase the likelihood…
TThe third version of the Internet, known as Web 3.0, will be based on blockchain technology. The goal of Web 3.0 is an Internet that is intelligent, autonomous, connected, and open. One of the key trends expected as we approach Web 3.0 is decentralization, the theory of distributing power from small groups or individuals to the entire population. India was one of the first countries to support Web 3.0 technology. According to a 2021 Indian crypto industry survey by NASSCOM and WazirX, India currently has over 230 Web 3.0 startups. Advances in Internet technology through Web 3.0 could increase the…
“This is not just about securities,” said the 58-year-old, who was head of the EU securities regulator before joining the Dutch bank. “Some crypto-related activity is already subject to anti-money laundering laws and regulations, but even there we see non-compliant behaviour.” Examples of companies circumventing illicit funds protections are easy for the Dutch to cite. In late April, the Dutch Central Bank fined Binance, the world's largest cryptocurrency exchange, €3 million for providing services to Dutch citizens without clearing the Dutch safeguards required for illicit funds protection, thereby gaining a competitive advantage over its competitors. Binance appealed the fine in…
Recalling the words of the first SEC leader nearly 90 years ago, SEC Chairman Gary Gensler said in his opening remarks that the core principles of investor protection apply to all corners of the securities market, including intermediaries in the securities and virtual currency markets. at the annual SEC Speaks event in Washington, D.C., on Sept. 8. Chairman Gensler said, “Joseph Kennedy, the first SEC Chairman, said, “An honest company need not fear the SEC,'' which reflects how Congress has shaped securities laws over the generations. He went on to explain how he had “refined and revised” it. “There is…
BlockFills, a crypto financial services and technology company, is collaborating with Isla Verde Capital to provide crypto miners with environmental credits to help offset their carbon emissions.Cryptocurrency miners, especially those on the Bitcoin network, have come under heavy criticism regarding their carbon footprint. The industry consumes as much energy as some small countries, but not all of it is renewable, which infuriates environmentalists and authorities alike.BlockFills will sell carbon emissions offsets, renewable energy credits (RECs) and other carbon accounting instruments to miners through a partnership with Isla Verde, which specializes in such services, according to a Tuesday press release. .…
Cryptocurrency: Bitcoin over altcoins getty First Satoshi created Bitcoin BTC. And he said, “Let's introduce blockchain,” and blockchain was born. A decade has been an era in technology, and a lot has changed in the world of cryptocurrencies since the birth of the Bitcoin network. From the Cambrian-like explosion of altcoins to smart contracts and decentralized finance, on-chain innovations are making Bitcoin look obsolete. Back to Bitcoin Ironically, during bull markets where Bitcoin prices reach record highs, it underperforms compared to other markets. If you had bought Bitcoin in 2017 or early 2020, you certainly would have made a profit…
Cryptocurrency: Bitcoin over altcoins getty First Satoshi created Bitcoin BTC . And he said, “Let's introduce blockchain,” and blockchain was born. A decade has been an era in technology, and a lot has changed in the world of cryptocurrencies since the birth of the Bitcoin network. From the Cambrian-like explosion of altcoins to smart contracts and decentralized finance, on-chain innovations are making Bitcoin look obsolete. Back to Bitcoin Ironically, during bull markets where Bitcoin prices reach record highs, it underperforms compared to other markets. If you had bought Bitcoin in 2017 or early 2020, you certainly would have made a…