Bhutan Investing Millions in Bitcoin and Other Cryptocurrencies
Bhutan, a South Asian country recognized for its conservative financial practices and prioritization of Gross National Happiness, has garnered attention for its foray into the world of cryptocurrency. The Bhutanese government has invested in multiple cryptocurrencies, such as Ethereum, Dogecoin, and Bitcoin, with the total amount of investment undisclosed. ‘ Reaction to this Move Bhutan’s decision to invest in cryptocurrencies …
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Blockchain Association Demands Transparency: Files Additional FOIA Requests Over Banking Closures
The Blockchain Association, a renowned organization advocating for the crypto industry, has emphasized the importance of clarity in recent regulatory actions taken against banks that are friendly toward digital assets. In line with this, they have submitted additional Freedom of Information Act requests to two regulatory bodies, seeking information on banks that have recently shut down their services to the …
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India to Host International Conference on Crime and Security in the Era of NFT, AI, and Metaverse
India is all set to host an international conference on security and crime in the era of artificial intelligence (AI), NFT, and Metaverse. The conference, which will be the second major security and crime conference hosted by India, will take place in July and will be attended by delegates from all G20 countries. According to officials, the summit will feature …
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Binance CEO CZ Speaks on CeFi and DeFi at Hong Kong Web3 Festival
Hong Kong is making strides toward crypto and Web3 adoption, as evidenced by recent crypto regulatory actions and Web3-centric events. Binance CEO Changpeng Zhao, known as CZ, recently participated in a virtual interview at the Hong Kong Web3 Festival on Wednesday, where he discussed the future of centralized finance (CeFi) and compared it to decentralized finance (DeFi). CZ’s Comparison Between …
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Hong Kong Virtual Bank Set to Offer Seamless Crypto Conversions and Accounts, According to Reports
Crypto companies in the US are struggling to find domestic banking partners, and now they are searching for overseas services. ZA Bank, the top virtual bank in Hong Kong by assets, has stepped up to provide crypto account services and assistance with crypto-to-fiat exchanges. About the Report According to a recent report on April 12, the bank will function as …
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Bitcoin Surges Past $30K Mark as Federal Reserve’s Outlook Changes
Bitcoin experienced a significant surge on Tuesday, surpassing the $30,000 mark for the first time since June 2022. This notable increase was attributed to market expectations of a more lenient Federal Reserve in the coming months, as well as an overall improvement in sentiment for the crypto space. Bitcoin Breaks $30k At the time of writing this article, the world’s …
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Ethereum Dominates Blockchain Competition with Unmatched Network Fees
As per recent findings by blockchain data firm Token Terminal, Ethereum has emerged as the clear leader among its blockchain counterparts in terms of generated fees. Token Terminal’s report, says that Ethereum has produced an impressive $743 million in overall daily fees over the past six months. In contrast, its closest competitor, TRON, has not even produced half of this …
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OKX Launches Metaverse Training Session with Football Star Rúben Días
OKX, a leading blockchain and cryptocurrency exchange platform, recently launched a new Metaverse Training Session with football star Rúben Días. This training session aims to educate users about the world of Metaverse and help them navigate this new virtual world. Learn from Rúben Días Through this training session, users can learn from Rúben Días, a professional footballer passionate about virtual …
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The Role of Oracles in DeFi: Trusting External Data Sources
Decentralized Finance, or DeFi, is a rapidly growing sector in the blockchain and cryptocurrency space. However, one of the biggest challenges that DeFi faces is how to obtain reliable and accurate data from external sources, which is necessary for smart contracts to function properly. This is where oracles come in. In this article, we will explore the role of oracles …
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Blockchain Use Cases: Exploring Real-World Applications of Blockchain Technology
Blockchain technology is revolutionizing how we interact with data, providing a secure and decentralized platform for digital transactions. Initially, blockchain was used only for cryptocurrency transactions, but as the technology has evolved, its use cases have expanded significantly. In this article, we’ll explore the various applications of blockchain technology across industries, including finance, healthcare, supply chain management, and more. What …
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