The rise of NFTs and what it means for Bitcoin

Anyone who pays any attention to developments in the crypto world will have become aware of NFTs – non-fungible tokens – over the past year. These have now reached a level of popularity that attracts celebrities, with Post Malone, Lindsay Lohan, and Youtuber Logan Paul all getting in on the NFT act. If people like this are embracing them, it is a sign that NFTs are here to stay, but their rapid arrival and acceptance means that some people are already asking what impact they will have on other blockchain-based…

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Founder of Coin Signals Funds Pleads Guilty in Crypto Scam — Faces up to 10 Years in Prison

The founder and manager of several cryptocurrency funds has pleaded guilty to luring investors to his crypto investment scam. His funds consistently lost money and his scam left investors with a $5 million loss, according to the U.S. Department of Justice (DOJ). Investors Scammed Into Investing in Coin Signals’ Funds The U.S. Department of Justice (DOJ) announced Tuesday that Jeremy Spence (aka Coin Signals) has pleaded guilty in a fraudulent cryptocurrency investment scheme. Spence “solicited over $5 million from more than 170 individual investors for various cryptocurrency funds that he…

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Fear of missing out? NFTs gems below 0.5 ETH

Time sensitivity is key! Everything related to cryptocurrency and blockchain is highly time-sensitive. A great example of this is how an NFT sold for a few hundred dollars, could be worth millions the very next second. Time sensitivity and FOMO is what makes the crypto-world so appealing.  Here is a list of five gems that cost less than 0.5 ETH each* Satoshi’s Quest Each of the four heroes, is depicted in an individual artwork, on each collectable Satoshi’s Quest trading card (the Hacker, the Slacker, the Geek and the Freak). …

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OneCoin Mastermind Moves Millions from his Jail Cell

CRYPTO PYRAMID MASTERMIND MOVES MILLIONS FROM HIS JAIL CELL  Accused OneCoin Swindler Sebastian Greenwood Seemingly Outwits Regulators  Accused Crypto Pyramid swindler Karl Sebastian Greenwood has been moving tens of millions of dollars and assets out of the reach of regulators and victims from his Manhattan jail cell using a contraband cell phone and a network of lawyers and accomplices.  Karl Sebastian Green and Ruja Ignatova are the founders of the crypto pyramid OneCoin which some say may have taken in as much as $20 billion in cash and cryptocurrency.  Ignatova…

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Crypto Exchange Binance Explains Its ‘Rare’ Dogecoin Issue — Resumes DOGE Withdrawals

Cryptocurrency exchange Binance has explained its dogecoin issue which resulted in withdrawal suspension and Tesla CEO Elon Musk calling the problem “shady.” The exchange says it was a “rare issue” and no one was at fault. Binance’s ‘Rare’ Dogecoin Issue, Withdrawals Resumed Binance explained its dogecoin problem Monday, stating: What began as a fairly straightforward upgrade, turned into an issue where Binance users were unable to withdraw DOGE for the last 17 days. In addition, 1,634 users were sent old transactions. “The truth is that a combination of unlikely factors…

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Aladdin Exchange Celebrates Its Anniversary with an Explosive New Year’s Event

Indeed, 2021 has been an eventful year for the ever-active crypto exchange — Aladdin. Truly, the platform has made a place in this thriving and rapidly-growing industry since its inception. As the exchange’s signature move — the brand continues to outdo itself, and its latest announcement is a New Year’s event to celebrate its anniversary. Crypto users worldwide are ecstatic for a shot at another opportune event to interact with the Aladdin Exchange community and partake in the festivities. The brand constantly strives to bring more to its users and…

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Play-to-Earn is the Future of the Gaming Industry

According to a report by DFC Capital, blockchain-based gaming companies have seen $476 million in investments in the first half of 2021 alone. Spending on gaming software is predicted to grow up to $164 billion in 2023, an increase from $118 billion in 2018 and sales from gaming hardware is also expected to increase more than $80 billion by 2023. It’s evident that the gaming industry is experiencing rapid growth. It only makes sense when you look at the booming eSports and video gaming industries. But one of the last…

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Fed Chair Jerome Powell Could ‘Slow Crypto Down’ in His Second Term, Warns Billionaire Mike Novogratz

Billionaire investor Mike Novogratz has cautioned that Federal Reserve Chairman Jerome Powell could slow down the crypto market in his second term in office. Commenting on his renomination, Novogratz said Powell could “act more like a central banker than a guy that wants to be reappointed.” How Jerome Powell’s Second Term as Fed Chair Could Impact Crypto Billionaire investor Mike Novogratz, CEO of Galaxy Digital, talked about the impact the renomination of Jerome Powell as the Federal Reserve chairman for another term could have on the crypto market on CNBC…

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RChain: The Metaverse Shouldn’t Be the Hottest Market Focus

On November 27th, 2021, RChain‘s founder Greg Meredith and blockchain scientist Atticbee were invited as guests to an AMA hosted by the Hoo Exchange. Hoo is a Dubai based innovation driven crypto exchange and has their in-house developed public chain, HSC, built for the global cryptocurrency market. In this session, Greg Meredith and Atticbee shared the latest developments in RChain and remarkable ideas about the future of the blockchain and metaverse. Q1. What kind of project is RChain? Greg Meredith: RChain is a candle in the window: sanctuary is available.…

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Equalizer, the world’s first dedicated DeFi flash loans platform, will deploy on Syscoin NEVM

Equalizer is the first and, so far, the only platform that is specialized to handle an increasingly important aspect of the decentralized financial space, flash loans. It has been built from scratch to carry out this business in the most optimal way possible and trailblaze its own success by primarily focusing on services that have been relegated to secondary importance by would-be competitors.  As another platform focused on unlocking the true potential of blockchain technology by offering unique solutions to complex problems, we at Syscoin feel that the Equalizer team…

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