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CFTC Chair Clarifies That Ether Is a Commodity, Not a Security as Stated by SEC Chairman

Source Node: https://zephyrnet.com/cftc-chair-insists-ether-is-a-commodity-not-a-security-as-claimed-by-sec-chairman/
Time Stamp: March 11, 2023 1:30 AM - Modified On: March 11, 2023 - Published By:
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Published by Plato

The Commodity Futures Trading Commission (CFTC) recently clarified that Ether, a digital asset, is a commodity and not a security as stated by the Securities and Exchange Commission (SEC) Chairman Jay Clayton. This clarification is important for investors, as it means that Ether is subject to the CFTC’s jurisdiction and not the SEC’s. Ether is the native token of the Ethereum blockchain, which is a platform for decentralized applications (dApps). It is used to pay for transaction fees and services on the Ethereum network. Ether has been a popular asset

Understanding the Benefits of Investing in Bitcoin for Strategic Interests

Source Node: https://zephyrnet.com/securing-strategic-interests-in-bitcoin/
Time Stamp: March 9, 2023 10:07 PM - Modified On: March 9, 2023 - Published By:
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Published by Plato

In recent years, Bitcoin has become one of the most popular investments for individuals and businesses alike. As a digital currency, Bitcoin offers a number of advantages over traditional investments, including increased security, low transaction fees, and a decentralized system. For those looking to invest in Bitcoin for strategic interests, understanding the potential benefits of this investment can be key to making the right decision. One of the primary advantages of investing in Bitcoin is its security. Bitcoin transactions are secured by a network of computers that use cryptography to

Top 13 Cryptocurrencies Most Widely Used in 2021

Source Node: https://zephyrnet.com/the-13-most-preferred-cryptocurrencies/
Time Stamp: March 9, 2023 9:32 PM - Modified On: March 9, 2023 - Published By:
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Published by Plato

Cryptocurrencies have become increasingly popular over the past few years, and 2021 is no exception. With more people investing in digital currencies, it’s important to know which ones are the most widely used. Here is a list of the top 13 cryptocurrencies most widely used in 2021. 1. Bitcoin: Bitcoin is the most popular cryptocurrency and is the most widely used. It is the first decentralized digital currency and has been around since 2009. It is used for a variety of purposes, including buying and selling goods and services, investing,

Silvergate Bank Issues Impacting USD Liquidity in Cryptocurrency Markets

Source Node: https://zephyrnet.com/silvergate-troubles-affecting-cryptos-usd-market-depth/
Time Stamp: March 9, 2023 11:07 AM - Modified On: March 9, 2023 - Published By:
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Published by Plato

The recent news of Silvergate Bank’s issues with US dollar liquidity in cryptocurrency markets has caused a stir in the crypto world. Silvergate Bank, a California-based financial institution, has been providing banking services to digital currency exchanges and other cryptocurrency-related businesses since 2013. However, the bank recently announced that it is facing liquidity issues due to a surge in demand for US dollar deposits from its customers.The issue stems from the fact that Silvergate Bank does not have enough US dollars on hand to meet the demand from its customers.

Flipkart’s Fintech Initiatives: Insurtech, Credit Cards and Central Bank Digital Currencies

Source Node: https://zephyrnet.com/flipkarts-fintech-agenda-insurtech-cards-and-cdbcs/
Time Stamp: March 7, 2023 7:55 AM - Modified On: March 7, 2023 - Published By:
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Published by Plato

Flipkart, one of India's leading e-commerce companies, has been making waves in the fintech space. The company has been investing heavily in various fintech initiatives, such as insurtech, credit cards, and central bank digital currencies. In this article, we'll take a closer look at each of these initiatives and how they can benefit consumers.Insurtech is a new form of insurance technology that enables customers to purchase insurance products online. Flipkart has partnered with Acko General Insurance to launch its own insurtech platform, which allows customers to purchase insurance products such

Shiba Inu Cryptocurrency Price Surges 8000% Ahead of Shibarium Launch

Source Node: https://zephyrnet.com/shiba-inu-burn-rate-surges-around-8000-ahead-of-shibarium-launch/
Time Stamp: March 5, 2023 7:06 AM - Modified On: March 5, 2023 - Published By:
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Published by Plato

The cryptocurrency market is always full of surprises, and the recent surge in the price of Shiba Inu (SHIB) is no exception. The meme-based token has seen its price skyrocket by over 8000% in the past few weeks, ahead of the launch of its own blockchain, Shibarium. The Shiba Inu coin was created as a joke in April 2021, but it has since become one of the most popular cryptocurrencies in the market. It is based on the popular meme of a Shiba Inu dog, and it is designed to

The Reemergence of Self-Custody for Bitcoin Ownership

Source Node: https://zephyrnet.com/regime-change-as-bitcoin-returns-to-self-custody/
Time Stamp: March 3, 2023 3:35 PM - Modified On: March 3, 2023 - Published By:
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Published by Plato

The rise of digital currencies has brought with it a new wave of financial freedom and security. Bitcoin, the most popular cryptocurrency, has become increasingly popular due to its decentralized nature and the ability to store it in a secure digital wallet. However, many users are now turning to self-custody as a way to take control of their Bitcoin ownership. Self-custody is a form of Bitcoin ownership where the user stores their own private keys, rather than relying on a third-party custodian or exchange. This allows users to have full

Self-Custody Bitcoin Regime Change Explained

Source Node: https://zephyrnet.com/regime-change-as-bitcoin-returns-to-self-custody/
Time Stamp: March 3, 2023 3:35 PM - Modified On: March 3, 2023 - Published By:
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Published by Plato

The concept of self-custody Bitcoin regime change is a relatively new concept in the world of cryptocurrency. It is a way for individuals to take control of their own Bitcoin and other digital assets, instead of relying on third-party custodians. This type of regime change has been gaining traction as more people are looking for ways to protect their digital assets from external threats. In this article, we will explain what self-custody Bitcoin regime change is and how it can benefit users. Self-custody Bitcoin regime change is a way for

Arbitrum and Superchain Compete for Layer 2 Blockchain Market Share with Positive Predictions

Source Node: https://zephyrnet.com/arbitrum-and-superchain-compete-for-layer-2-market-share-with-optimistic-outlooks/
Time Stamp: March 1, 2023 8:16 AM - Modified On: March 1, 2023 - Published By:
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Published by Plato

The blockchain industry is rapidly evolving, and two of the most promising projects in the space are Arbitrum and Superchain. Both projects are vying for a share of the Layer 2 blockchain market, and their respective teams have made positive predictions about their future success. Arbitrum is a Layer 2 blockchain protocol that enables users to securely and quickly execute transactions on the Ethereum network. It is designed to be more efficient and secure than Ethereum, while also offering lower transaction fees. The project is backed by a team of

Arbitrum and Superchain Look to Increase Layer 2 Market Share with Positive Prospects

Source Node: https://zephyrnet.com/arbitrum-and-superchain-compete-for-layer-2-market-share-with-optimistic-outlooks/
Time Stamp: March 1, 2023 8:16 AM - Modified On: March 1, 2023 - Published By:
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Published by Plato

The blockchain industry is constantly evolving and new technologies are emerging to help meet the demands of the ever-growing market. One of the most promising new technologies is Arbitrum and Superchain, two Layer 2 solutions that are looking to increase their market share. Layer 2 solutions are designed to help improve the scalability and performance of blockchain networks, and both Arbitrum and Superchain have the potential to do just that. Arbitrum is a Layer 2 solution developed by Offchain Labs, a startup founded by two former Google engineers. It is