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El Salvador Powers Crypto Mining with Volcano Power

Source Node: https://beincrypto.com/el-salvador-powers-crypto-mining-with-volcano-power/
Time Stamp: September 30, 2021 12:28 AM - Modified On: September 30, 2021 - Published By:
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The President of El Salvador, Nayib Bukele, posted a video of the groundbreaking of a crypto mining project via power from a local volcano.Sponsored Sponsored According to a Tweet from President Bukele, the nation started an ambitious project which utilizes renewable energy to power massive Bitcoin mines. The post reads “First steps…” and shows an aerial view of a massive power plant at the foot of a volcano. Moreover, the video reveals shipping containers which house massive crypto mining rigs. An operator begins to plug in the machines as the

Five Biggest Altcoin Gainer Showcase — Sept 19-26

Source Node: https://beincrypto.com/five-biggest-altcoin-gainer-showcase-sept-19-26/
Time Stamp: September 27, 2021 6:36 AM - Modified On: September 27, 2021 - Published By:
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BeInCrypto breaks down the five biggest altcoin movers and shakers from the previous week. Will their momentum continue this week?Sponsored Sponsored The five altcoins that increased the most last week were:  Celer Network (CELR) : 96.76%COTI (COTI) : 47.74%XDC Network (XDC) : 40.08%Ren (REN) : 38.10%Terra (LUNA) : 21.34% CELR CELR has been increasing since breaking out from the $0.093 resistance area on Sept 15. While it deviated below the area (red circle) on Sept 21, it resumed its upward movement at an accelerated rate afterward. Sponsored Sponsored This led to an

Indonesia Confirms It’s Not Imposing Blanket Crypto Ban

Source Node: https://beincrypto.com/indonesia-confirms-not-imposing-blanket-crypto-ban/
Time Stamp: September 27, 2021 5:47 AM - Modified On: September 27, 2021 - Published By:
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The Indonesian government has given its residents the green light for cryptocurrency trading, refusing to impose an outright ban on all crypto-related transactions. Sponsored Sponsored The government instead will seek to focus its regulatory effort on the prevention of crimes in which cryptocurrency is involved. Cryptocurrencies are treated as tradable assets and commodities, which are unfit for payments, according to the Central Bank. The government maintains that crypto assets are a volatile asset class, with little backing. Crypto asset trading was legalized in 2018 in the Ministry of Trade Regulation

COTI to Issue New Stablecoin on Cardano Network

Source Node: https://beincrypto.com/coti-stablecoin-cardano-network/
Time Stamp: September 27, 2021 4:40 AM - Modified On: September 27, 2021 - Published By:
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COTI introduced a new algorithmic stablecoin called Djed for Cardano this weekend in an effort to expand decentralized finance (DeFi) on the network.Sponsored Sponsored The Djed stablecoin was announced at a Cardano Summit in Wyoming on Sept 26 by IOHK founder Charles Hoskinson. The enterprise-grade fintech platform COTI will be the official issuer of Djed which will use the new Cardano smart contracts to ensure price stability, the announcement added.Sponsored Sponsored Djed will be entering an already crowded stablecoin market that is dominated by Tether and USD Coin, however, its

Gemini ‘Aggressively Hiring’ with Over 200 New Crypto Job Openings

Source Node: https://beincrypto.com/gemini-aggressively-hiring-200-crypto-job-openings/
Time Stamp: September 27, 2021 4:08 AM - Modified On: September 27, 2021 - Published By:
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The Gemini cryptocurrency exchange is growing its workforce with a massive recruitment push that is aiming to bring on 200 new hires.Sponsored Sponsored According to a new report from Forbes, Gemini is “growing fast” and “aggressively hiring” with the company’s director of talent Jonathon Tamblyn, stating that the exchange is searching for more than 200 new hires at present. Tamblyn makes it clear that the company is not just looking for those with previous experience in the cryptocurrency sector, explicitly stating that it is not a prerequisite.Sponsored Sponsored This comes

Coinbase Files For Futures and Derivatives Trading

Source Node: https://beincrypto.com/coinbase-files-futures-derivatives-trading/
Time Stamp: September 16, 2021 2:44 AM - Modified On: September 16, 2021 - Published By:
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North America’s largest crypto exchange Coinbase has taken the first steps in making an application to allow futures and derivatives products on the platform.Sponsored Sponsored On Sept 16, Coinbase stated that it had filed an application with the National Futures Association (NFA) to register as a Futures Commission Merchant (FCM). The exchange added that “this is the next step to broaden our offerings and offer futures and derivatives trading on our platforms,” in order to further expand the crypto economy.Sponsored Sponsored The NFA’s official website now lists Coinbase Global Inc.

Steve Cohen Invests in Crypto Trading Firm Radkl

Source Node: https://beincrypto.com/steve-cohen-invests-in-crypto-trading-firm-radkl/
Time Stamp: September 15, 2021 7:15 PM - Modified On: September 15, 2021 - Published By:
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The hedge fund magnate and owner of the New York Mets continues his support, vocally and financially, for the crypto industry. Sponsored Sponsored Cryptocurrency trading frim Radkl has secured a high-profile investor in Steve Cohen. Cohen has invested an undisclosed about of financial support for the new firm, which launched on Tuesday. According to the Wall Street Journal Cohen is investing with his personal assets rather than using capital from his Point72 Asset Management LP.  According to a spokesperson from Radkl, Cohen “won’t be involved in Radkl’s day-to-day operations.” The move

Head of Australian Crypto Exchange Says Regulations Are Beneficial

Source Node: https://beincrypto.com/head-of-australian-crypto-exchange-says-regulations-are-beneficial/
Time Stamp: September 15, 2021 6:45 PM - Modified On: September 15, 2021 - Published By:
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The head of the popular Australian cryptocurrency exchange BTC Markets says crypto regulations provide benefits to the industry. Sponsored Sponsored In the global race for cryptocurrency adoption, regulations, and innovation Australia seeks its own piece of the action. According to the CEO of the country’s largest crypto exchange the country could get left behind without proper action.  Caroline Bowler is CEO of the exchange BTC Market. In an interview with Bloomberg she said it would be a “real shame for Australia if we don’t take this bull by the horns.”Sponsored Sponsored

Acorns Hires Former Amazon Executive as President, Hints at Crypto Options

Source Node: https://beincrypto.com/acorns-hires-former-amazon-executive-as-president-hints-at-crypto-options/
Time Stamp: September 15, 2021 6:15 PM - Modified On: September 15, 2021 - Published By:
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Acorns, a popular investing and savings app, announced a former Amazon lead as company president and head of day-to-day operations.Sponsored Sponsored Earlier today the financial services app revealed David Hijirida as the new president. Hijirida was an executive at Amazon and CEO of the digital bank Simple Finance. During his 12 years at Amazon, he managed global payments and advertising.  This new hire comes as Acorns expected a public listing later in the year. The public listing is with the intentions of accelerating its mission of wealth building and overseas

IEO on ExMarkets: KICK.IO Public Sale Kicks off

Source Node: https://beincrypto.com/ieo-on-exmarkets-kick-io-public-sale-kicks-off/
Time Stamp: September 14, 2021 4:51 AM - Modified On: September 14, 2021 - Published By:
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As the $ADA bull market continues to gather steam – with new price records set each month – many within the Cardano community are asking, what’s next? Sponsored Sponsored The limitless possibilities and price records within the Cardano ecosystem offer many opportunities for both project creators and their investors. But financial and informational asymmetries have always been a major limiting factor. That’s why KICK.IO, a non-custodial crowdfunding protocol, was created to make sure that this immense potential is utilized to its fullest. Our platform will ensure projects have access to