Altcoin News

Web3 advocate and author Alex Tapscott on the future of blockchain mass adoption

• by admin
• November 15, 2023

Alex Tapscott says Web3 offers “a set of tools” that can be used to “build new business models, to create new kinds of organizations [and] to transform existing industries.” Web3, blockchain, crypto and mass adoption were major buzzwords in 2021 and 2022, but the public interest in the terms fell to the wayside over the […]

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SEC wins default judgment against Thor Technologies and founder

• by admin
• November 14, 2023

Thor Technologies has been instructed to pay $903,193.06, including disgorgement of $744,555 and prejudgment interest amounting to $158,638.06. Thor Technologies and its founder and former CEO, David Chin, have faced a legal setback in an ongoing dispute with the United States Securities and Exchange Commission (SEC) over the unapproved sale of $2.6 million in crypto […]

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Google Cloud teams up with MultiversX amid blockchain firm’s focus on metaverse

• by admin
• November 14, 2023

MultiversX also announced an array of new features for xPortal, with tools to build next-gen metaverse features. News Google Cloud has partnered with blockchain infrastructure firm MultiversX (formerly Elrond) to boost its Web3 presence. Google Cloud’s BigQuery data warehouse has integrated with MultiversX, which will help Web3 projects and users derive valuable insights from powerful […]

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Bitcoin disappoints while Markets Pro delivers 88% gains in 29 hours

• by admin
• November 9, 2023

Cointelegraph Markets Pro hands investors breaking alerts leading to multiple double-digit trades in a “dead” crypto market. Markets Pro 2023 was anticipated to be the comeback year for Bitcoin BTC $34,829 . Experts predicted that the King of Crypto would soar to $50,000 or more, but it has only bounced back to about $26,000 since […]

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SEC wins default judgment against Thor Technologies and founder

• by admin
• October 29, 2023

‘ Thor Technologies has been instructed to pay $903,193.06, including disgorgement of $744,555 and prejudgment interest amounting to $158,638.06. News Thor Technologies and its founder and former CEO, David Chin, have faced a legal setback in an ongoing dispute with the United States Securities and Exchange Commission (SEC) over the unapproved sale of $2.6 million […]

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US defense bill may be problematic for USDC and stablecoins: Analysts

• by admin
• October 25, 2023

A proposed U.S. national defense bill could subject stablecoins issuers to Know Your Customer and Anti-Money Laundering requirements they would be unable to comply with, says Berenberg analyst Mark Palmer. Circle’s USD Coin USDC $1.00 and other stablecoins could potentially face a compliance nightmare if a new national defense bill that passed the United States Senate […]

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Lido on Solana wind down ‘deemed a necessity’ after low fees, says staking firm

• by admin
• October 17, 2023

Unsustainable financials and low fees generated by Lido on Solana were two of the main reasons for the sunsetting. News Decentralized liquid staking protocol Lido Finance has announced a decision to cease operations on the Solana blockchain following a community vote in Lido’s decentralized autonomous organization. The proposal to sunset Lido on Solana was first […]

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Canadian regulatory body clarifies stablecoin rules for exchanges and issuers

• by admin
• October 17, 2023

The umbrella organization for Canada’s securities regulators has set conditions for trading and issuing stablecoins. News The Canadian Securities Administrators (CSA) has provided guidance to exchanges and cryptocurrency issuers on its interim approach to what it calls value-referenced crypto assets, with a particular focus on stablecoins. On Oct. 5, the umbrella organization of Canada’s provincial […]

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Pension funds could use AI to cut costs, increase returns, says report

• by admin
• October 17, 2023

Artificial intelligence is touted to provide a number of benefits to the management of pension funds, according to research from Mercer. Artificial intelligence (AI) could be used by pension funds to cut costs, increase investment returns, and highlight possible risks, but there are still “significant challenges to overcome” with its use, said the Mercer CFA […]

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This new crypto debit card brings low fees and convenience to cryptocurrency payments

• by admin
• October 17, 2023

Despite the hype surrounding cryptocurrencies, few people are using the digital asset for its intended purpose — payments. Cryptocurrencies offer several advantages to traditional money, including lower costs, faster transfers, and decentralized systems that do not collapse at a single point of failure. Despite these benefits, many people don’t consider digital currencies practical for everyday […]