Tag: Crypto
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Sub-$500 Million Altcoin Dominates Crypto Discussion Following 573% Surge
[ad_1] In an interesting turn of events, one altcoin has seemingly come out of nowhere to dominate the discussions around crypto over the last week. Loom Network, with its native token LOOM, has barreled ahead of the likes of Bitcoin in this metric. Loom Network (LOOM) Takes The Spotlight In an X (formerly Twitter) post…
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IRS Cryptocurrency Tax Proposal Draws Alarm From Crypto Exchange Coinbase (COIN)
[ad_1] In August, the Treasury Department published its nearly 300-page proposed rule, meant to finally comply with the 2021 Infrastructure Investment and Jobs Act. It sets out reporting obligations for centralized crypto exchanges, payment processors, some hosted wallet providers, some decentralized exchanges and people or entities that redeem crypto tokens. [ad_2] Source link
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Caroline Ellison Starts Day 3 of Testimony Against Former FTX Crypto Titan
[ad_1] “Bankman-Fried relied on Ellison and he trusted her to act as the CEO and manage the day-to-day,” Cohen said in his opening statement last week. “… As the majority owner of Alameda, he spoke to Ms. Ellison, the CEO, and he urged her to put on a hedge, something that would protect against such…
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US v. SBF: Caroline Ellison says Alameda paid $100M to $150M in crypto transfers to Chinese officials to unfreeze its OKX and Huobi trading accounts, worth ~$1B (Jacquelyn Melinek/TechCrunch)
[ad_1] Jacquelyn Melinek / TechCrunch: US v. SBF: Caroline Ellison says Alameda paid $100M to $150M in crypto transfers to Chinese officials to unfreeze its OKX and Huobi trading accounts, worth ~$1B — During the Sam Bankman-Fried trial on Wednesday, former Alameda Research CEO Caroline Ellison testified that the crypto trading … [ad_2] Source link
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10 Privacy Coins Under $1 To Help Diversify Your Crypto Investments
[ad_1] Privacy coins remain a bone of contention when it comes to governments trying to regulate crypto transactions but that has not diminished their popularity. As more blockchains become easier to track, crypto investors have moved to privacy coins in a bid to better conceal their financial footprints. So as the popularity of these digital…
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Crypto Analyst Identifies 6 Overlooked Altcoins That Could Be Due For A Price Surge
[ad_1] With tens of thousands of altcoins circulating the market, crypto investors can easily miss out on the next 100x coin due to it not being on their radar. This is often not the fault of the investor as it can be hard to keep track of so many coins. As a result of this,…
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Time For Self-Custody? Crypto Exchange Reveals Hackers Tried To Gain Access 159,000 Times
[ad_1] Reports from South Korea-based Yonhap News Agency have revealed that Upbit, one of the largest crypto exchanges in South Korea experienced over 159,000 hacking attempts in the first half of 2023 alone. Upbit’s Hacking Attempts According to the data from Upbit’s parent company Dunamu shared with the local news agency, the hacking attempts of…
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???? Is Satoshi Back?! | This Week in Crypto – Oct 9, 2023
[ad_1] Leaked photos reveal Block’s new hardware wallet, crypto firms are flocking to Singapore and who’s posting from Satoshi Nakamoto’s X account? These stories and more, this week in crypto. Block’s BitKey Wallet Revealed New images of BitKey have emerged, sparking anticipation for the product’s upcoming beta release. Bitkey is the Bitcoin hardware wallet in…
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Activist Crypto Investors Score $2.5M Bounty After Campaign on FloorDAO
[ad_1] FloorDAO, which seeks to build products for “NFT-Fi,” recently sent over $2.5 million of its treasury – in crypto tokens and NFTs – to a splinter group called FloorkDAO that was controlled by the activist investors. The investors quickly divided that sum amongst themselves in a redemption that valued each FLOOR token at nearly…
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![The Crypto Trilemma Explained: Problems & Solutions [2023]](https://novumtimes.com/wp-content/uploads/https://bitpay.com/blog/content/images/2023/10/crypto-trilemma-explained-bitpay.jpg)
The Crypto Trilemma Explained: Problems & Solutions [2023]
[ad_1] The Important Bits Blockchains must maintain the elements of decentralization, security, and scalability. Improving one of these areas often results in sacrificing another. Creating this balance has been a challenge for developers for as long as blockchain technology has existed, and is often referred to as the blockchain trilemma. Blockchains can allow for secure,…