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VeChain prepares for much-awaited hard fork after exchanges announce support

Source Node: https://ambcrypto.com/vechain-prepares-for-much-awaited-hard-fork-after-exchanges-announce-support/
Time Stamp: November 16, 2021 2:25 AM - Modified On: November 16, 2021 - Published By:
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It might be a slow day for the crypto-market, but one blockchain community is gearing up for a major upgrade. One that has been in the works for some time now. Not chained to the past Several exchanges have announced that they will be supporting the VeChain [VET] network upgrade and hard fork. This is due to take place today, on 16 November, at around 8:00 UTC or a block height of 10,653,500. The upgrade is part of VeChainThor v1.6.0, which activated POA2.0 Phase 1 on the blockchain’s testnet on

Bank of England’s Cunliffe: Crypto Threat to Financial Stability ‘Getting Closer’ — Urges Regulators to Act Now

Source Node: https://news.bitcoin.com/bank-of-englands-cunliffe-crypto-threat-financial-stability-urges-regulators-to-act-now/
Time Stamp: November 16, 2021 1:30 AM - Modified On: November 16, 2021 - Published By:
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Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrency is getting closer to posing a threat to global financial stability due to the sector’s rapid growth. Crypto is also being integrated into the traditional financial system at a rapid rate. He urges regulators to take action now. Bank of England’s Jon Cunliffe Warns Crypto Is Closer to Becoming a Threat to Global Financial Stability Sir Jon Cunliffe, Bank of England’s deputy governor for financial stability, talked about bitcoin and cryptocurrencies in general on BBC’s

Here’s how crypto-market’s 24/7 trading is setting an example

Source Node: https://ambcrypto.com/heres-how-crypto-markets-24-7-trading-is-setting-an-example/
Time Stamp: November 15, 2021 9:30 PM - Modified On: November 15, 2021 - Published By:
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The past couple of years have witnessed the continued growth of institutional investments flowing into the cryptocurrency market. It includes not only hedge funds and family offices but even pension funds and conservative custody banks parking their funds here. Naturally, this has led to the entangling of traditional and crypto finance, with the latter having profound effects on stock and currency markets. These include the trading times that these markets follow. While cryptocurrency exchanges operate non-stop, traditional exchanges operate only during specific days and time frames. This could change in

Do Bitcoin and other cryptos have any added advantages over equities

Source Node: https://ambcrypto.com/do-bitcoin-and-other-cryptos-have-any-added-advantages-over-equities/
Time Stamp: November 15, 2021 8:30 PM - Modified On: November 15, 2021 - Published By:
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Bitcoin has shot up in price at the start of the week following a major upgrade to its network. Even the rejection of a spot bitcoin ETF by the SEC appears to have done little to damage bitcoin’s price prospects. At press time, the token, post some correction was trading at the $65.8k mark. Nonetheless, what’s the projected price mark for the largest cryptocurrency. Gareth Soloway, the chief market strategist at stock technical guidance platform InTheMoneyStocks.com believes that the token still had some room to left to record a fresh

Crypto Valley Roundup – Fall 2021

Source Node: https://beincrypto.com/crypto-valley-roundup-fall-2021/
Time Stamp: November 15, 2021 3:31 PM - Modified On: November 15, 2021 - Published By:
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The Crypto Valley is known to be one of the most “crypto-friendly” regions in the world. But what specifically is happening within the Blockchain ecosystem? The “Crypto Valley Roundup” aims to provide insight and highlights from selected events every two months.Sponsored Sponsored With the first Blockchain companies settling in the area of Zug from 2013 onwards, the term “Crypto Valley” was soon born in reference to the “Silicon Valley”. Thanks to politics and regulation, Switzerland was able to create the necessary legal certainty for a flourishing ecosystem around Blockchain and

DAO To Bid On US Constitution’s Rare Copy At Sotheby’s Auction, Here’s Why

Source Node: https://bitcoinist.com/dao-to-bid-on-us-constitutions-rare-copy-at-sothebys-auction-heres-why/?utm_source=rss&utm_medium=rss&utm_campaign=dao-to-bid-on-us-constitutions-rare-copy-at-sothebys-auction-heres-why
Time Stamp: November 15, 2021 2:00 PM - Modified On: November 15, 2021 - Published By:
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A Decentralized Autonomous Organization (DAO) under the name of ConstitutionDAO has raised $3,7 (ETH 820.134) million from a community that intends to buy a rare first printing of the U.S. Constitution during a Sotheby’s high-profile auction meant to happen on November 18th. ConstitutionDAO is currently pooling millions of dollars, aiming to hit $20 million, hoping to “The Constitution in the hands of The People.” The project was announced through Twitter on November 12th and launched the day after. They raised $800k in the span of an hour and then hit

Toy Companies Hasbro, Funko, and Mattel Turn to Wax as Trusted Partner

Source Node: https://www.bitcoinnewsminer.com/toy-companies-hasbro-funko-and-mattel-turn-to-wax-as-trusted-partner/
Time Stamp: November 15, 2021 4:38 AM - Modified On: November 15, 2021 - Published By:
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William Quigley loved baseball cards during his pre-teens. As the founder of WAX (Worldwide Asset Exchange), you might think Quigley’s crowning achievement may have been to strike a deal with Topps Baseball Card company, so WAX could manage and create NFTs with the MLB. However, Quigley was able to add another giant feather to his cap as WAX recently completed the rare “hat trick” as the official NFT partner for the toy industry’s “big three” – Funko, Hasbro and Mattel. WAX was already a trusted partner for many, working with

What Is Solv Protocol?

Source Node: https://www.asiacryptotoday.com/solv-protocol/
Time Stamp: November 15, 2021 4:28 AM - Modified On: November 15, 2021 - Published By:
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Solv Protocol is a decentralized platform created specifically for creating, managing, and trading financial NFTs. Blockchain has brought a lot of innovations to the world in such a short amount of time, but the mainstream adoption rate is just starting to take off. In other words, it would soon evolve into new forms and services that would further redefine how people interact with their assets and how they grow their wealth.  Table of Contents Background  Non-fungible tokens (NFTs) are one of the most popular blockchain-based products. And while they are usually

FATF Guidance: NFTs Should Be Regulated Case-by-Case

Source Node: https://bitpinas.com/regulation/fatf-nft-guidance-2021/
Time Stamp: November 14, 2021 9:59 PM - Modified On: November 14, 2021 - Published By:
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Share some Bitpinas love:By Hans DoringoIn a recently released updates to the Financial Action Task Force’s (FATF) guidance for virtual assets and virtual asset service providers (VASPs), the body clarified that Non-Fungible Tokens (NFT) does not fit the definition for virtual assets (VA) but would still be covered by FATF standards under certain cases.What is the FATF’s Position on NFTs?Last March 2021, FATF published a draft of the guidance addressing concerns about NFT as its market grows. In the said draft, it was vaguely stated that NFTs can be considered

What if Bitcoin Taproot follows SegWit’s path of adoption

Source Node: https://ambcrypto.com/what-if-bitcoin-taproot-follows-segwits-path-of-adoption/
Time Stamp: November 14, 2021 6:30 PM - Modified On: November 14, 2021 - Published By:
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Bitcoin Taproot is finally live, a network upgrade that has been four years in the making. It was first put forward by Greg Maxwell, cryptographer and developer, in 2018 after SegWit was implemented on 24 August 2017. SegWit was the first major BTC soft fork update, which wasn’t taken all too well by the community. Now, four years later, the ecosystem has another update in store to improve the privacy, scalability, and security of the network. In this article, we will try to draw a possible adoption roadmap for Taproot