A History of Bitcoin

A History of Bitcoin

Cryptocurrencies have dominated headlines for a very long time. It is desirable to learn more about the largest cryptocurrency in terms of market capitalization.  The history of Bitcoin dates back to 2008, when it was first introduced as a decentralized currency without the need for a central bank or any intermediaries. Bitcoin can be sent to and from users via the bitcoin network, a peer-to-peer network where transactions are verified by nodes as well as recorded on a blockchain. Nobody knows for sure who created Bitcoin. As a reminder, a…

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Major Regulators Like The FCA Look To Legislate Cryptocurrency

Major Regulators Like The FCA Look To Legislate Cryptocurrency

The crypto market stays in limbo as we move forward into the last four months of the year. Now, the FCA is looking for new ways to regulate cryptos. The crypto industry’s presence is undeniably more widespread than in its early days. While revolutionary potential has shaped more ideas and approaches, it has also increased the space for frauds and scams, resulting in significant losses. Tightening enforcement is the inevitable result of a series of scandalous events. Cryptocurrency and high-risk investments are slightly different. In a press release published on…

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OpenSea’s Rival NFT Marketplace Magic Eden Announces Support For Ethereum NFTs

OpenSea’s Rival NFT Marketplace Magic Eden Announces Support For Ethereum NFTs

Leading Solana NFT Marketplace Magic Eden announces support for Ethereum NFTs The firm will also be adding comprehensive features to allow users to trade ETH NFTs and make payments in SOL/ETH or via credit cards.  Magic Eden, the Solana-centric NFT platform is expanding its base and has recently announced multichain support for the Ethereum blockchain.  Per the official press statement, Magic Eden will soon be integrating Ethereum NFTs on its platform, giving users a chance to explore and trade suitable SOL and ETH NFTs with credible ease.  Magic Eden Set…

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Singapore High Court Grants Crypto Lender Vauld Temporary Protection From Creditors

Singapore High Court Grants Crypto Lender Vauld Temporary Protection From Creditors

Singapore-based Vauld will have some breathing space after the country’s High Court gave its parent company creditor protection for the next three months. The decision comes as the troubled crypto lending platform seeks acquisition by rival Nexo. Vauld to Have 3 Months for Restructuring, Due Diligence by Nexo The Singapore High Court has granted the parent company of crypto lender Vauld, Defi Payments Ltd., a three-month protection from creditors, Bloomberg reported, noting this would allow Vauld to restructure and prepare for a potential acquisition by competitor Nexo, a major player…

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Impel Adds Bitcoin to ISO 20022 Financial Messaging on XDC Network

Impel Adds Bitcoin to ISO 20022 Financial Messaging on XDC Network

Dallas, Texas, 2nd August, 2022, Chainwire New Cross-chain Interoperability via WanBridge Provides More Robust Options for Instant Settlement  Impel is pleased to announce today that bitcoin (BTC) has been added to its ISO 20022 financial messaging API as optional collateral for making payments. This addition enables BTC to be used in the instant settlement process for traditional banking services and other organizations that utilize the new ISO 20022 messaging standard. It offers the opportunity for improved customer experience, increased security, and significant operating cost savings.   The technology industry’s future…

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