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virtual land aside snoop dogg's sandbox estate sells for $450k in ethereum

the popular american rapper snoop dogg revealed curtains of september that he acquired land in the blockchain-based virtual metaverse the sandbox and had plans to recreate his mansion. on december 2, the sandbox held a “snoopverse land sale,” which approved participants to purchase land close to the famous hip hop star’s virtual estate.

two days accomplished, the sandbox disclosed it was selling virtual plots of land that are located sideward sno


2021-12-04 20:35:06
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crypto flash crash prompts el salvador to buy the dip — 150 bitcoins broadened treasury

as the crypto market shed gobs of dollars, el salvador bought the dip, use for one's own ends the falling price of bitcoin early saturday break of day. with immature buy, el salvador has purchased a total of 1,370 bitcoins altogether. in consonance with salvadoran president nayib bukele, the coins survive bought seven minutes before the price of the cryptocurrency veer.

the price of many cryptocurrencies drive plummeting late friday night, with bitcoin downhill alm


2021-12-04 17:35:07
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crypto economy loses billions in market downturn, bitcoin price slips additionally 25% in 30 days

a drove of cryptocurrencies alone considerably in value during the first sight hours (after 12:00 a.m. est) on december 4. all the while of writing, the crypto economy is down in con 16% and the expense of bitcoin slid ov the $50k zone to a low of $43,972 separately. since then, bitcoin has managed to climb back to just above the $47k separately position.

digital currency markets have lost significant value during the last 24 hours as many have left the crypto economy i


2021-12-04 14:25:07
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terra tokenomics brainstorm market surge, bitcoin reserve hinted

the recent movements in the treasury of terra, a decentralized financial w network, which is now burning too $4 billion price of luna by cause of a governance proposal, have seemingly made the price of the asset salute all-time high (ath) levels. this rise has been also accompanied by new program to further cement the stability of mine stablecoin, ust. do kwon, head of terraform labs, unexpressed the inclusion of a bitcoin reserve to safeguard ust’s dollar peg.

t


2021-12-04 13:35:06
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ecb paper marks success factors for cbdcs, digital euro

a paper published a shot european federal reserve bank (ecb) discusses various conditions for successful application of federal reserve bank digital currencies (cbdcs) in the same manner with the eurozone’s own digital euro. the authors also inform different risks that such business entail, like the danger of crowding out the free-enterprise system.

in order to get create a successful cbdc, a monetary authority needs to establish the digital currency as a widesp


2021-12-04 11:35:08
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ethereum might dethrone bitcoin as best crypto store beneficial, study argues

a recent paper authored by members of distinct universities, including sydney and macquarie, wrangle that recent changes in ethereum monetary policy are making it a better store valued than bitcoin. the deflationary effect that the eip-1559 proposal has caused in the issuance of the currency is operatic proposed the main cause in this regard.

a new paper circulated by members of australian universities last month is putting the spotlight on ethereum and its possibl


2021-12-04 09:35:06
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binance names three nigerian reality tv show celebrities as african ambassadors

binance has named three former housemates from the popular nigerian reality television show “big brother naija” as the cryptocurrency exchange’s brand ambassadors for the african continent.

leading cryptocurrency exchange binance has said as incorporated its contrivance to inflation its foothold on the african continent, it has band with three former big brother naija housemates. the exchange said the three former housemates, hazel oyeze onou, ikech


2021-12-04 07:35:18
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fbi seizes bitcoin worth extra $2.2 million from ransomware affiliate

the federal bureau of investigation (fbi) has seized bitcoin worth else $2.2 million tied to ransomware payments. the cryptocurrency allegedly belongs to an affiliate of gandcrab and revil/sodinokibi ransomware.

the federal bureau of investigation (fbi) has seized almost 40 bitcoins from a russian resident tied to revil and gandcrab ransomware, in accordance with a retinue document unsealed tuesday. the forfeiture complaint reads:

the united states of america file


2021-12-04 03:40:54
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british security upstairs's report warns nfts could bolster money laundering schemes

the noble united opener institute (rusi), the british bastille and security upstairs, questions surely non-fungible token (nft) assets perchance used for money laundering purposes. the report determines that in contemplation of mitigate banker laundering risks a ‘know your customer’ monitoring theory “needs soon-to-be implemented.”

the noble united opener institute for defence and security studies otherwise known as rusi, was originated in 18


2021-12-04 01:39:43
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elizabeth warren queries bitcoin mining operation, us senator says crypto miners raise environmental concerns

senator elizabeth warren has written a letter to the ceo of the new york bitcoin mining firm greenidge generation, jeff kirt, asking for details on the company’s emissions. warren’s letter insists “greenidge and other [bitcoin mining] plants raise wire pulling about their impacts on the global environment.”

the former law professor and the united states democratic party senator from massachusetts, elizabeth warren, has taken aim at cryptocurr


2021-12-03 23:38:45
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