Blockchain

Bitcoin’s (BTC) volatility made the headlines again after the original cryptocurrency briefly reclaimed its $40,000 mark before going back to $39,000 levels. Coming after a two-week-long bearish loom that started on July 15, this is the second time Bitcoin is trying to break $40,000 resistance in two days.  Based on the data from Cointelegraph Markets Pro
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Stock and cryptocurrency trading app Robinhood is reportedly exploring a way for users to be better protected from volatile crypto prices.  According to a Tuesday Bloomberg report, the trading app is working on a feature called “price volatility protection,” which would modify certain crypto orders depending on fluctuations in price. A message in the feature’s
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Social media platform Reddit announced it would be using scaling solution Arbitrum to handle scaling its Ethereum-based Community Points system. In a Thursday announcement, Reddit administrator jarins said the platform had launched its own layer-2 rollup using Arbitrum technology for its rewards points. Reddit said it had deployed the layer-2 solution on top of the
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A recent collaboration between two prominent social influencers has resulted in a device that creates sounds (or music) based on cryptocurrency’s infamous price volatility. In what has been termed as the collaboration of the century, Estefannie and LOOK MUM NO COMPUTER (Sam Battle) joined hands to bring a “cryptocurrency-measuring musical machine to life.”  As a
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The European Commission has submitted a new proposal which would require crypto-asset service providers to collect additional anti-money laundering, or AML, information from users who utilize cryptocurrency for money transfers. The stated purpose of this proposal is to prevent the further propagation of money laundering activity within the EU. Under this proposal, service providers conducting
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A major cryptocurrency and blockchain association in Russia is launching a project to bring global crypto mining operations to the country amid a Chinese crypto mining crackdown. The Russian Association of Cryptoeconomics, Artificial Intelligence and Blockchain, or RACIB, announced an initiative aimed at transferring global computing resources for crypto mining to the Russian Federation. More
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ShapeShift, a leading non-custodial cryptocurrency exchange, is planning to open-source its platform and dissolve its entire corporate structure — an unprecedented move that underscores the company’s commitment to decentralization.  Largest airdrop in history As part of its decentralization pledge, ShapeShift plans to airdrop 340 million FOX tokens to over one million users who traded $1
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