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” NYDFS calls for crypto firms to use blockchain analytics “ In a letter published on Thursday, the New York State Department of Financial Services, or NYDFS, recommended that all virtual currency companies operating under New York banking law adopt blockchain analytics to trace transactions. In supporting the decision, the regulatory agency wrote: “Wallet addresses…
” Telegram Wallet Bot enables users to send crypto in-app via revived blockchain project “ As told via a Twitter post on Tuesday, instant messaging app Telegram has rolled out crypto payments via Ton Token. To access the feature, users first need to download and install Telegram’s official Wallet bot, which allows them to purchase…
” “DeFi is not decentralized at all,” says former Blockstream executive “ Samson Mow, former chief strategy officer at Blokstream and founder of JAN3, is convinced that most decentralized finance protocols can’t compete with Bitcoin when it comes to providing an effective monetary network because of their lack of decentralization. As Mow pointed out, DeFi…
” Blockchain and crypto can be a boon for tracking financial crimes “ Governments around the globe have also become more aware of the crypto market and the various ways in which it can be regulated. Despite a growing adoption rate and involvement of mainstream financial giants, however, naysayers continue to portray crypto as a…
” Berlin-based football app enters the metaverse following $300M fundraiser “ OneFootball, a German football media application, has raised $300 million in a Series D round to grow the company’s presence on Web3 and develop new features on its platform. According to a Thursday announcement, OneFootball and nonfungible token (NFT)-centric Animoca Brands created a joint…
” Cashing out Bitcoin to save a dog’s life from cancer is ‘the moon for us’ “ How much is a doggo’s life worth? For one Redditor, “dojeckahedron” saving their pooch from the clutches of cancer is worth their entire Bitcoin (BTC) stack. In a tearjerker of a Reddit post, the dog owner from the…
” One-fifth of businesses in El Salvador now accept Bitcoin: NBER study “ Months after Bitcoin (BTC) became legal tender in El Salvador, a study conducted by the National Bureau of Economic Research (NBER) shows that 20 percent of businesses have started to accept BTC as their payment method. The study, surveying adults from 1,800…
” Home sweet hodl: How a Bitcoiner used BTC to buy his mom a house “ There’s a special bond between mothers and their sons. For pseudonymous Alan, a 28-year-old engineer, a Bitcoin (BTC) loan helped his mom to buy a house. Alan told Cointelegraph that he took out a Bitcoin-backed loan in 2021 —…
” BlackRock launches blockchain industry ETF, names crypto as 1 of 3 big opportunities “ BlackRock has officially launched a blockchain focused ETF, that provides investors with exposure to the crypto and blockchain industry without needing to directly own digital assets. On Wednesday, the world’s largest asset manager, which currently manages approximately $10 trillion in…
” Colorful billionaire’s Dubai real estate firm now accepts BTC and ETH “ Multi-billion dollar Dubai-based real estate developer DAMAC Properties has started accepting Bitcoin (BTC) and Ether (ETH) payments for its luxury abodes. DAMAC Properties was founded by colorful billionaire Hussain Sajwani in 2002, and the firm has conducted business throughout the middle east,…