October 6, 2022

Report: On-chain data points to crypto consolidation in Q3

[ad_1] A third quarter industry report from DappRadar citing on-chain metrics suggests cryptocurrency markets are showing signs of recovery from ongoing bearing market conditions. A number of factors played their part in a busy third quarter of 2022, with Ethereum’s Merge marking a successful shift to proof-of-stake having a notable influence on layer 2 activity …

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EU regulators ban cross-border payments from Russian crypto accounts

[ad_1] In a statement released on Oct. 6, the European Union introduced another set of sanctions against Russia due to the prolonged and recently escalated conflict in Ukraine. The new sanctions include a complete ban on cross-border crypto payments between Russians and the EU. This statement includes the prohibition of, “all crypto-asset wallets, accounts, or custody …

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From first downs to crypto: A former NFL player gets into digital assets

[ad_1] When things don’t go as planned in your career, finding opportunities in other fields is the way to go according to Lewis Neal, a former  National Football League (NFL) defensive tackle. Speaking to Cointelegraph at the Blockchain Economy Dubai Summit 2022, Neal shared the story of how he went from playing professional football to …

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Kazakhstan grants Binance permanent license to offer digital asset services

[ad_1] After a build-up of multiple memorandums of understanding (MoU) and an initial “in-principle” approval to operate in Kazakhstan, Binance received a permanent license to operate in the country. As of Oct. 6, the Republic of Kazakhstan’s AIFC Financial Services Authority (AFSA) granted the permanent license to both manage a digital asset platform and provide …

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Solar ‘Bazooka’ Bitcoin mine warms warehouse amid Europe’s energy crisis

[ad_1] It’s another win for Bitcoin miners and the environment. A Dutch Bitcoiner has installed a Bitcoin (BTC) miner in a warehouse to replace the heating system powered by natural gas.  Why? Because it’s cheaper, more environmentally friendly, and uses solar power. Our latest installation heats a warehouse with electricity instead of natural gas. We’ve …

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BTC to outperform ‘most major assets’ in H2 2022 — Bloomberg analyst

[ad_1] Senior commodity strategist at Bloomberg Intelligence, Mike McGlone, stated October has historically been the best month for Bitcoin (BTC) since 2014, averaging gains of about 20% for the month, and that commodities appearing to peak could imply that Bitcoin has reached its bottom. In an Oct. 5 Bloomberg Crypto Outlook report, McGlone says while the …

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It’s happened: Someone’s filed for Cramer ETFs with the SEC

[ad_1] Connecticut-based advisory firm Tuttle Capital Management has submitted a preliminary prospectus filing with the United States Securities and Exchange Commission (SEC) for two new exchange-traded funds (ETFs) centered around betting against the investment tips from Jim Cramer. Cramer is the host of CNBC’s Mad Money and has become a popular meme in the crypto …

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Nifty News: Yuga Labs launches BAYC council, Animoca backs Cool Cats and more…

[ad_1] Yuga Labs has announced a new Bored Ape Yacht Club (BAYC) community council to help the project “grow and thrive.” The team revealed seven council members in an Oct. 5 blog post, noting that they are all OGs who have been around since the early days of the BAYC. Yuga Labs said it assembled …

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GameFi could be the answer to unemployment for some — Aussie game studio

[ad_1] Australian-based Web3 game studio Ninja Syndicate’s CEO and founder believes GameFi could usher in a new era where users can earn a living wage through blockchain games. Speaking to Cointelegraph, founder John Nguyen and CEO Alex Dunmow say that traditional jobs are increasingly at risk through factors such as automation. According to the game …

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