Saturday, October 23, 2021

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Bitcoin Eyes Biggest Monthly Price Loss Since May

Bitcoin appeared set to end the seasonally bearish month of September on a negative note, thanks to instability in global financial markets, regulatory concerns, and China’s decision to blanket ban crypto businesses.Despite trading 2.8% higher on the day...

Decentralized Storage for AI Data Brought to Life by Epik Protocol — CoinDesk

Through the integration of IPFS storage technology, a token incentive mechanism and DAO governance model, EpiK Protocol creates a global, open, autonomous community with four core capabilities of trusted storage, trusted incentives, trusted governance and trusted finance. It...

Bitcoin, Ethereum, Crypto News and Price Data

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is...

Nigeria’s eNaira Website Goes Live Ahead of Scheduled October Rollout

The main webpage for Nigeria’s central bank digital currency (CBDC) has gone live earlier than next month’s planned rollout date for the digital naira.According to the site, the eNaira is a “unique form of money” denominated in the...

Bitcoin, Ethereum, Crypto News and Price Data

Even bigger was the latest out of the People’s Bank of China, which seems to make illegal a broad range of crypto trading-related activities that were, if not approved before, at least in a gray area. Huobi has...

Cardano’s Commercial Arm to Invest $100M in DeFi, NFTs and Blockchain Education

Emurgo, the commercial and venture arm of Cardano, is investing $100 million to boost decentralized finance (DeFi), non-fungible token solutions and blockchain education efforts for the world’s fourth-largest blockchain.Announced during the Cardano Summit 2021 on Sunday, Emurgo CEO...

UNI Token Rises 20% as China’s Blanket Ban on Crypto Businesses Puts Focus on Decentralized Exchanges — CoinDesk

On Friday, the People’s Bank of China (PBOC) declared all virtual currency-related activities illegal, banning offshore exchanges from serving mainland Chinese users. The statement also disqualified tether, the largest stablecoin globally, as legal tender along with bitcoin and...

China’s BSN Builder Is Registering a Nonprofit in Singapore to Manage International Arm

Red Date Technology, the company developing China’s Blockchain Services Network (BSN), wants the project to move past its government roots as it pushes for international expansion in a tumultuous geopolitical climate.Red Date filed in late July to register...

Cardano Announces Partnerships With Dish Network, Chainlink — CoinDesk

BusinessThe tie-up with Chainlink will allow added support for developers working on the Cardano blockchain to develop smart contracts.By Kevin ReynoldsSep 26, 2021 at 12:19 a.m. UTCUpdated Sep 26, 2021 at 1:54 a.m. UTC

Huobi Appears to Have Suspended Mainland Chinese New User Registration — CoinDesk

Just a day ago, the People’s Bank of China (PBoC) published a notice containing vastly stricter restrictions on crypto trading, so strict that they would effectively ban it, if enforced rigorously. According to the notice, which was co-signed...

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Bitcoin Wraps the First Week of the ETF Era

This episode is sponsored by NYDIG.Download this episodeOn this edition of “The Breakdown’s Weekly Recap,” NLW covers:The record-setting performance...
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