Month: September 2022
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Toss in your job and make $300K working for a DAO? Here’s how – Cointelegraph Magazine
Increasing numbers of employees are quitting 9–5 corporate jobs to work for DAOs. While the money’s great, DAOs fall into a legal gray area, and it can be tricky to get your foot in the door.Researchers Nataliya Ilyushina and Trent MacDonald from the Royal Melbourne Institute of Technology Blockchain Innovation Hub take you through how…
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Bitcoin Dumps After Revisiting June Lows, Where Does The Bottom Lie?
Bitcoin reversed below $20,000 once more after the sell-offs that followed the completion of the Ethereum Merge. With the decline, the digital asset had revisited lows not seen in three months, giving credence to the bears during this time. However, one problem remains, and that is the fact that the cryptocurrency has been unable to…
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Ethereum Topside Bias Vulnerable If It Continues To Struggle Below $1.4K
Ethereum is struggling to gain pace above $1,350 against the US Dollar. ETH must clear the $1,380 and $1,400 levels to start a steady increase. Ethereum is facing an increase in selling below the $1,400 level. The price is now trading below $1,400 and the 100 hourly simple moving average. There is a new connecting…
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Litecoin Foundation’s managing director shares his thoughts on decentralized money
Litecoin (LTC), known as “the silver to Bitcoin’s gold,” has been around for almost 11 years — which is quite a feat considering a fair amount of cryptocurrencies go bust within 12 months of launching. Cointelegraph spoke with the Litecoin Foundation’s managing director, Alan Austin, about why he thinks Litecoin’s core utility is serving as…
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Ethereum completes merge, Do Kwon faces arrest warrant and Bitcoin dives after rally: Hodler’s Digest, Sept. 11-17
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This Week Breaking: Historic day for crypto as Ethereum Merge to proof-of-stake occursEthereum’s highly…
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Possession of Bitcoin still legal in China despite the ban, lawyer says
Despite enforcing a major cryptocurrency ban one year ago, the Chinese government still protects local crypto investors as crypto is recognized as virtual property protected by the law.One of the world’s most hostile countries toward Bitcoin (BTC), China has not yet banned the possession of cryptocurrencies, according to David Lesperance, founder of Lesperance & Associates…
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Ethereum Key Indicators Suggest A Strengthening Case For More Losses
Ethereum declined sharply from the $1,655 resistance zone against the US Dollar. ETH is struggling and remains at a risk of more losses below the $1,450 level. Ethereum started a fresh decline after it failed to clear the $1,650 resistance zone. The price is now trading below $1,550 and the 100 hourly simple moving average.…
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Bitcoin Price Turns Red as Bears Take Over Crypto Market
Bitcoin is showing bearish signs below the $20,000 support zone against the US Dollar. BTC could accelerate further lower below the $19,500 support zone. Bitcoin started a fresh decline and traded below the $20,000 support. The price is now trading below $20,200 and the 100 hourly simple moving average. There is a major bearish trend…
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The OFAC Answers Questions About The Tornado Cash Sanctions, Uncertainty Remains
The Tornado Cash situation is a riddle wrapped up in an enigma. Why did the OFAC sanction a piece of software? And why did Dutch authorities arrest a sole developer? Those are not the question we’ll answer today. The OFAC updated the frequently asked questions on Tornado Cash-related matters. The answers focus on the details…
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Ethereum is eating the world — ‘You only need one internet’ – Cointelegraph Magazine
There’s a version of the future that’s tantalizingly possible in which Ethereum becomes the base layer for pretty much everything.Recent advances in a technology called zero-knowledge Rollups — from StarkWare, Polygon and zkSync — enable the blockchain to move from fewer than 20 transactions per second to… well, an infinite number of TPS.In theory, it…