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Category: Cryptocurrency

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Tether begins mining Bitcoin

Tie said its Bitcoin mining tasks in Uruguay would depend prevalently on minimal expense, environmentally friendly power. According to a press release distributed to CryptoSlate on May 30, stablecoin issuer Tether has expanded into Bitcoin (BTC) mining. Tie declared it has focused on energy creation and has joined forces with an anonymous neighborhood authorized organization…
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Binance Australia attributes the decline in AUD liquidity to the decline in Bitcoin

Bitcoin and other computerized resources are exchanging at a huge markdown on Binance Australia as the trade encounters AUD liquidity issues. In an email to CryptoSlate, Binance said that trading discounts of Bitcoin (BTC) and other digital assets on its Australian platform were caused by reduced liquidity in Australian Dollar (AUD) pairs. A representative for…
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Global cryptocurrency adoption will be driven by Ethereum, not Bitcoin: Ver Roger

Ver said the determination of Bitcoin engineers prompted the “scaling nationwide conflict” and the possible production of Ethereum. Roger Ver, a supporter of Bitcoin Cash and an early Bitcoin investor, has praised Ethereum and stated that it will be the chain that drives global adoption of cryptocurrencies.     Ethereum over Bitcoin Ver shared the…
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Prepare for Strikes: The Market Could Detonate Assuming that China Lifts Its Crypto Boycott

Briefly China’s history with cryptocurrencies is complex, characterized by frequent prohibitions and their effect on the cryptocurrency market. China’s hardline stance on cryptocurrencies may be changing, according to recent signs, drawing significant international attention. The Chinese ban on cryptocurrencies could be lifted, resulting in increased demand and prices for cryptocurrencies. China’s position on cryptocurrencies has…
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Who Benefits Bitcoin More: Kennedy Junior or DeSantis?

Who’s Better for Bitcoin: DeSantis or Kennedy Jr? To sum things up The 2024 US Official race highlights two driving competitors upholding for digital currency: Governor Ron DeSantis of Florida and Robert F. Kennedy Jr. DeSantis has opposed central bank digital currencies due to their centralization and has consistently advocated for policies in Florida that…
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After anti-crypto Erdogan was re-elected, the Turkish lira fell to a record low against the US dollar

Briefly the Turkish lira falls 20% following Edogan’s election. Expansion is as yet a difficult 44% in Turkey. The unconventional economic policies of Ergodan spell more trouble. The nearby cash in Turkey has failed following the consequences of an official political race. The fact that President Recep Tayyip Erdoan has assumed office once more raises…
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MakerDAO intends to more than double the rate of DAI savings

The DSR increment might bring about an expansion in the getting rates for stablecoins all through the DeFi environment assuming the new proposition is supported. In December 2022, the decentralized finance (DeFi) protocol MakerDAO raised its DAI savings rate (DSR) to one percent. MakerDAO reports that within a month, more than 35 million DAI were…
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Through a16z’s “Cicada,” Ethereum gets a private on-chain voting tool

Disclosing Cicada, the confidential on-chain casting a ballot instrument for Ethereum designers, and its down changing potential utilizing time-lock puzzles. “Cicada,” a new private, on-chain voting tool for Ethereum developers, was announced by Andreessen Horowitz (a16z). In a blog entry, a16z engineer Michael Zhu recognized existing on-chain casting a ballot includes yet noticed that a…
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PSYOP maker Ben.eth promises to discount casualties after Steve Aoki hack prompts $170k in misfortunes

Ben.eth quote tweeted the post with the phishing link, mistaking it for a message from Steve Aoki. In a tweet to his followers, Ben.eth, the founder of $PSYOP, stated that he would reimburse anyone who had lost Ethereum as a result of a phishing scam. He requested that casualties connect by means of email and…
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The EU partnership between Coinbase and Bitpanda is shown

The partnership is part of Coinbase’s push to expand outside of the U.S. On May 25, the Austrian fintech company Bitpanda announced its partnership with the cryptocurrency exchange Coinbase.     Bitpanda and Coinbase will work together Coinbase will be able to provide institutional trading services outside of the United States thanks to the partnership.…
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