Crypto

Why the crypto community is positive about Cardano’s Grandfather Stablecoin

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There are many fundamental differences between the upcoming Djed stablecoin project and TerraUSD The survey shows that three quarters of users (76.5%) would prefer Djedo over the centralized USDA stablecoin from Emurgo. Recent news of the imminent launch of an algorithmic stablecoin on Cardano has prompted some skeptics to call out $UST, the doomed dollar-pegged …

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Robo 401(k) providers are still open to crypto options

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Among fintech 401(k) providers, ForUsAll has been the most vocal proponent of cryptocurrency, making a name for itself as the first to offer investments within self-directed retirement plan brokerage frameworks. But other digital 401(k) providers are open to offering investments despite regulators’ warnings about the new and highly speculative asset class. Ubiquity Retirement + Savings, …

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Bitcoin Hits Rock Bottom Because ‘Everyone Who Could Go Bankrupt Did’

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Arthur Hayes, former CEO of crypto derivatives platform BitMEX, believes the worst may be over for Bitcoin (BTC) in this cycle as the “biggest and most irresponsible entities” run out of BTC to sell. “Looking forward, almost everyone who could have gone bankrupt has gone bankrupt,” he said in a Dec. 11 interview with crypto …

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Crypto News: Dogeliens Presale Looks Promising, Chainlink Rises to 3-Month High

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After the news that Binance acquired FTX, the crypto market crashed, losing over $70 billion. Cryptocurrency volatility is not a new phenomenon and we have seen cases of big money movers causing a shift in the market. Last week’s Elon saga was enough proof of that and how it tremendously affected the price of DOGE. …

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DFINITY Foundation Unveils Blockchain Scholarships for Women

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Cryptocurrency The DFINITY Foundation, the nonprofit organization developing the Internet Computer Protocol (ICP) — the world’s first Internet-scale public blockchain at Internet speed — has announced up to $100,000 in grants for developers and entrepreneurs. The grants aim to encourage women to build on the ICP ecosystem by providing them with easier access to resources …

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South Korea’s search for crypto fugitive Do Kwon leads to Serbia

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South Korean prosecutors believe Do Kwon, the failed entrepreneur behind the $40 billion terraUSD and luna token implosion, is hiding in Serbia as they intensify their months-long global hunt for the disgraced crypto kingpin. They are seeking to work with Serbian authorities to locate and detain him, according to the Seoul Southern District Prosecutor’s Office, …

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The crypto market expects volatility ahead of the super central bank week

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Interest rate hikes are expected to slow as central banks continue to wage war against the threat of inflation. In response, the crypto market could remain volatile with other risky assets. Reports indicated that the US will release November inflation data this week to determine the course of the Federal Reserve’s policy decision through the …

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