Today at Chaintalk News

December 6, 2022

What is an ICO? Crowdfunding Pioneered by Blockchain Technology and Digital Tokens

By ChainTalk TV

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One year on, a $200 million investment program from Animoca and Binance falters

Few investments have been closed through the $200 million co-investment program unveiled by Animoca Brands and Binance Smart Chain in December 2021.
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Morgan Creek CEO Says FTX Co-Founder SBF Was a ‘Pawn’ Used to ‘Punish’ the Crypto Industry

Following FTX’s collapse, many industry executives, influencers, luminaries, and politicians have shared their opinions about the carnage the event has caused to crypto markets and a great deal of innocent bystanders. On Dec. 2, the CEO and founder of Morgan Creek Capital, Mark Yusko, explained in an interview that it’s quite possible that the FTX
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Circle and SPAC Concord Mutually End Their Commercial Partnership

Circle, a peer-to-peer payments technology startup, and Concord Acquisition Corp, a publicly listed special purpose acquisition company (SPAC), amicably terminated their intended partnership when the agreement expired. Circle and Concord Acquisition Corp Partnership Ends In July 2021, a proposal for the corporate merger was made. Furthermore, it was revised in February 2022. According to a press statement, the boards of directors of both firms have accepted its dissolution. According to Bob Diamond, chairman of Concord Acquisition Corporation, Circle plays a vital role in the dislocation of finance by the blockchain. Conviction to SEC Jeremy Allaire, co-founder and CEO of Circle, The post Circle and SPAC Concord Mutually End Their Commercial Partnership appeared first on Cryptoknowmics-Crypto News and Media Platform .
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Crypto Winter Layoffs: Top 5 Companies Leading Massive Layoffs In 2022

The crypto industry is experiencing turbulent times, with crypto winter forcing them to shut down operations and freeze hiring. After repeated ‘black swan’ events such as the FTX collapse, the Luna Terra crash, higher interest rates by Feds combined with regulatory uncertainty, and investors withdrawing from the crypto market, crypto markets are struggling to thrive. The post Crypto Winter Layoffs: Top 5 Companies Leading Massive Layoffs In 2022 appeared first on CoinGape .
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Goldman Sachs sees crypto investment opportunities after FTX fiasco: Reuters

Financial giant Goldman Sachs reportedly plans to spend "tens of millions of dollars" to buy or invest in crypto firms after FTX's demise.
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cointelegraph

Bitcoin 2022 bear market 'usual' despite key trend line loss — analyst

On-chain data shows BTC price holding its historical trend, and the 200-week moving average is a poor way to assess the Bitcoin bear market, Superswell says.

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Bitcoin 2022 bear market 'usual' despite key trend line loss — analyst

On-chain data shows BTC price holding its historical trend, and the 200-week moving average is a poor way to assess the Bitcoin bear market, Superswell says.
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Is Elon Musk Neurolink Killing Animals?

Elon Musk’s Neuralink, a medical device company, is being investigated by the federal government for potential violations of animal welfare policies. However, following complaints that animal testing is being rushed to achieve results after missing several deadlines. This comes just days after the world’s richest man stated that he is fine with implanting a Neuralink The post Is Elon Musk Neurolink Killing Animals? appeared first on CoinGape .
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Gaming Retail Giant ‘GameStop’ Yet Again Lays Off Staff

According to reports and social media postings from impacted workers, video game company GameStop fired off another batch of employees
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Crypto Market Might See One Last Major Crash – Predicts Bloomberg Analyst

The post Crypto Market Might See One Last Major Crash – Predicts Bloomberg Analyst appeared first on Coinpedia Fintech News The Fed, the ongoing crypto winter, and the FTX collapse have all begun to erode investor confidence in the market. While everyone waits for a trend reversal, one analyst predicts what will happen to the cryptocurrency sector next. According to Mike McGlone, who is a commodity strategist for Bloomberg, the reversal of the trend in …
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Balance your crypto portfolio with Filecoin (FIL), Hedera (HBAR), and BudBlockz (BLUNT)

With increasing awareness and advancements within the blockchain industry, cryptocurrencies have become a preferred investment alternative for modern investors. However, the market’s volatility requires crypto investors to be cautious and make well-informed decisions. Due to increased competition, several well-established tokens have lost their glimmer, while newer and unique tokens have made incredible gains. Consequently, crypto …
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Gemini forms ad hoc committee with creditors amid Earn freeze

Gemini's cofounder Cameron Winklevoss tweeted that law firm Kirkland & Ellis "has been engaged as counsel by the Creditor Committee" for advocacy.
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Christmas Bitcoin Rally Imminent, Says Analyst Who Accurately Predicted May 2021 Crypto Crash – Here’s His Outlook

A crypto analyst who correctly called Bitcoin’s (BTC) collapse last year is predicting a Santa Claus rally for the king crypto. The pseudonymous analyst Dave the Wave tells his 131,100 Twitter followers that Bitcoin looks poised to take out the horizontal resistance of an ascending triangle pattern. “BTC Xmas rally on the cards…” At time The post Christmas Bitcoin Rally Imminent, Says Analyst Who Accurately Predicted May 2021 Crypto Crash – Here’s His Outlook appeared first on The Daily Hodl .
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Bearish Clouds Haunt the BTC Price Rally, Will Bitcoin Be Stuck Under Miners’ Capitulation?

The post Bearish Clouds Haunt the BTC Price Rally, Will Bitcoin Be Stuck Under Miners’ Capitulation? appeared first on Coinpedia Fintech News Bitcoin price again slumped below $17,000 after holding upright for some time during the previous trading day. Meanwhile, the Bitcoin (BTC) hash rate has also dropped as the miner continue to struggle as the price is undergoing a massive correction phase. Moreover, the BTC mining difficulty is expected to witness a huge adjustment. As per …
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Jim Cramer Says Cardano, XRP and Dogecoin Might Crash to Zero

Longtime CNBC host Jim Cramer lambasted cryptocurrencies during recent episode of "Mad Money" show
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Axie Infinity Price On A Tear With 22% Spike In Last 24 Hours – How Long Can This Last?

Axie Infinity (AXS), a cryptocurrency with an overall valuation of $964.02 million, is in the midst of a bullish run that enabled it to tally an impressive 22% jump in the last 24 hours. At the time of writing, according to tracking from Coingecko, the digital asset is changing hands at $8.79 and has managed to increase its value by more than 33% within the previous seven days. Here’s a quick glance: AXS has gone up by almost 40% within the last two weeks Axie Infinity nears the $9 marker Token is poised for a surge of more than 30% to reclaim the $10 territory With its current momentum, the crypto has also surged by 39.2% over the last two weeks and has trimmed its monthly loss to just 16.3%. After being in a steady downfall for six months, Axie Infinity finally found some relief and is poised to make further push to breach the psychological $10 marker. Technical Indicators Suggest Axie Buyers In Control Among the various analysis points for the crypto asset, its Relative Strength Index is the most promising one as it shows a significant increase in buying momentum – a situation that usually heralds bullish growth. Related Reading: Quant Shows Potential For Surge Beyond $150 – Can QNT Hit Its Target? Source: TradingView In addition, the AXS 20 and 50-day Exponential Moving Average (EMA) confirms the thesis for a potential continued surge given the altcoin’s volatility remains at “medium.” With the current price action, it is most likely that traders will be interested in the asset’s attempt to retest the breached resistance during the next trading sessions which might trigger an increase of as high as 35.8%. If that happens, Axie Infinity will change hands at $11.8, the lower zone of the set point of resistance for the crypto (the highest of which is $15.4). However, in the event that the earlier mentioned scenarios don’t unfold, the cryptocurrency might have to revisit its supports levels standing at between $8.3 and $7.5. Rising NFT Sales Volume Fuels AXS Rally Cryptoslamp, an NFT industry data aggregator recently shared some information regarding the positive development of the digital asset class’s sales volume going up by almost 10% within the last 24 hours. During the same time, NFT-focused virtual coins such as ApeCoin (APE), Sandbox (SAND) and Flow (FLOW) witnessed a major uptick in their respective prices. In addition, it would appear that Axie Infinity has also benefited from a social media post indicating that more than 600 members of the AXS community has gathered to share ideas on how to help shape a good future for the project. Related Reading: Why Chiliz Is Losing Heat Despite World Cup Pomp; CHZ Down Over 30% AXS total market cap at $854 million on the daily chart | Featured image: Skip Prichard, Chart: TradingView.com
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Aptos (APT), Quant (QNT), and Snowfall Protocol (SNW) headed towards double-digit growth?

This year appears to be the year of small guys in cryptoverse. Almost every major cryptocurrency has crashed, sometimes leaving a long trail of devastation in its wake. We’ve witnessed the likes of Terra being wiped out of the market. We’ve also seen over $2 trillion lost from the crypto industry. However, there are islands …
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Will Elon Musk’s “Twitter Coin” Soon Hit The Crypto Market? Here’s What You Should Know

The post Will Elon Musk’s “Twitter Coin” Soon Hit The Crypto Market? Here’s What You Should Know appeared first on Coinpedia Fintech News At this point, it is well known that Elon Musk is a strong supporter of cryptocurrencies. Prior to selling a significant amount of it, his firm, Tesla, once held roughly $2 billion in bitcoin. He frequently tweets about dogecoin as well. It was also lately speculated that Musk would utilize Dogecoin for Twitter transactions. He …
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December Research and Analysis Report

This research piece is available exclusively to members of The Block Research . You can continue reading this Research content on The Block Research .
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Can LUNC Price Surge To $0.001? Will December Be a Game Changer? Here’s What’s in Store

The post Can LUNC Price Surge To $0.001? Will December Be a Game Changer? Here’s What’s in Store appeared first on Coinpedia Fintech News The community is now predicting an increase in the price of LUNC since the Terra Classic network is due to reopen an essential part of its ecosystem on December 6. Amid the bear market, a popular cryptocurrency influencer has predicted an incoming bullish wave for LUNC. Classy Crypto has said that the coin may rise …
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East African Bitcoin Miner Gridless Raises $2M Seed Round

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African Bitcoin Mining Firm Gridless Raises $2 Million In Funding Round Led By Stillmark, Block Inc.

The mining company focuses on rural communities in East Africa and intends on increasing electricity and energy access for the region.
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Crypto Capital Reset Underway Following Final Flushout: Glassnode

Crypto markets have been flushed out for what many believe is the final time for this bear cycle.
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Crypto Lender Nexo Announces Gradual Departure from United States

Due to reaching a “dead end” with authorities, crypto lender Nexo stated it would progressively phase down U.S. products and services over the upcoming months, thereby signaling a departure from the United States. Today we are announcing the regrettable but necessary decision that Nexo will be phasing out its products and services in the United States due to a lack of regulatory clarity. 🧵 — Nexo (@Nexo) December 5, 2022 In a Monday release, Nexo explained the reason for its departure from the United States by claiming that despite 18 months of discussions with authorities, the U.S. refuses to create The post Crypto Lender Nexo Announces Gradual Departure from United States appeared first on Cryptoknowmics-Crypto News and Media Platform .
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Nexo Claims Gradually Walking Out of the United States

Nexo, a crypto borrowing and lending industry revealed on December 5 that it intends to shut off its services in
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Swyftx reduces its workforce by 35% as the firm prepares for the "worst-case scenario."

Swyftx, an Australian-based cryptocurrency exchange, announced the layoffs (1) of a total of 90 employees in anticipation of the "worst-case scenario" that could result from the fallout from FTX and a potential decline in global trading volumes in 2019.
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American Billionaire Mark Cuban Mocks Elon’s Twitter

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AVAX could witness an interrupted rally despite Avalanche opening its doors for…

Re Protocol will be building a decentralized insurance marketplace on Avalanche A lack of support from the whales could cut short AVAX’s recent rally Avalanche and many other top blockchains have been busy working towards long-term growth during the ongoing crypto winter. Organic growth is one of the key themes currently making rounds in the
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Subpoena SBF To Testify Before US Congress, Demands Crypto Twitter

Crypto Twitter demands sending a subpoena to former FTX CEO Sam Bankman-Fried (SBF) to make him testify before the U.S. Congress. After SBF refuses the invitation by Maxine Waters, Chairwoman of the U.S. House Committee on Financial Services, to testify at the scheduled hearing on December 13, Waters compels SBF to attend the hearing on The post Subpoena SBF To Testify Before US Congress, Demands Crypto Twitter appeared first on CoinGape .
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cointelegraph

Metallica issues crypto scam alert before the 72 Seasons album launch

Cashing in on the buzz around Metallica’s new album launch and upcoming tour, scammers have started targeting metalheads through social media impersonation.

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Metallica issues crypto scam alert before the 72 Seasons album launch

Cashing in on the buzz around Metallica’s new album launch and upcoming tour, scammers have started targeting metalheads through social media impersonation.
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This Banking Giant Hunts for Bargain Deals In Crypto Space After FTX Collapse

Wall Street banking giant Goldman Sachs is reportedly hunting for attractive deals in the crypto space post the collapse of crypto exchange FTX. As we know, the FTX contagion has impacted several crypto firms taking the overall industry valuations down. Goldman Sachs believes that this could be the right time to make the move and The post This Banking Giant Hunts for Bargain Deals In Crypto Space After FTX Collapse appeared first on CoinGape .
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BinaryX (BNX) Falls Over 50% in One Day Amid Rumors of Team Selling Treasury Tokens

BinaryX claims current token price fluctuation is caused by market panic and speculations following the team’s plan to unlock tokens. Continue reading BinaryX (BNX) Falls Over 50% in One Day Amid Rumors of Team Selling Treasury Tokens at DailyCoin.com.
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Crypto Exchange Nexo To Pull Out Of U.S. Due To Regulatory Roadblock

Nexo, one of the leading crypto lending institutions in the digital finance industry, announced it has decided to halt its services in the U.S. after regulators “dropped the ball” in dialogues meant to give blockchain businesses a clear path moving forward, Reuters and other news outlets reported Tuesday. The Swiss crypto lender founded in 2018
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“Your Testimony is Critical To American People” – US Rep On SBF

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Top Crypto Losers For Today: ApeCoin (APE), Chainlink (LINK), Polkadot (DOT) Prices Tumble Down

On Tuesday, the crypto market failed to carry forward yesterday’s gains as the global crypto market capitalization was below the 1 trillion mark and was down 1.54% at $853.82 Billion compared to the last day. The total crypto market volume in the previous 24 hours is $38.97B, which makes a 13.85% increase. Meanwhile, the world’s The post Top Crypto Losers For Today: ApeCoin (APE), Chainlink (LINK), Polkadot (DOT) Prices Tumble Down appeared first on CoinGape .
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Chainlink Staking May Spark A Strong Bullish Surge! LINK Price To End Consolidation Above This Level

The post Chainlink Staking May Spark A Strong Bullish Surge! LINK Price To End Consolidation Above This Level appeared first on Coinpedia Fintech News Like other altcoins in the market, Chainlink has experienced a massive downtrend following several catastrophic events in space. This year seems to bring the most impactful momentum for LINK’s price as it lost over 71% from its yearly highs. However, LINK has been making a significant upward retracement in the last few days as the …
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Goldman Sachs to Spend 'Tens of Millions' on Discounted Crypto Investments After FTX Implosion: Report

The investment bank sees a bigger need for trustworthy and established players in the crypto space.
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What is Crypto betting, and how is it different from E-sports betting?

The concept of cryptocurrency betting is rather simple. It employs bitcoin but is otherwise equivalent to conventional esports wagering.
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Cowen Digital taps London lead, charging ahead amid crypto winter, mass layoffs

The digital arm of Cowen Inc. plans to forge ahead despite the industry-wide fallout from the recent collapse of FTX.
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Silvergate CEO calls out 'short sellers' spreading misinformation

In the statement, Lane also took the opportunity to "set the record straight” about its investment relationship with FTX and the firm's “robust risk management approach.”
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cointelegraph

Silvergate CEO calls out 'short sellers' spreading misinformation

In the statement, Lane also took the opportunity to "set the record straight” about its investment relationship with FTX and the firm's “robust risk management approach.”

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Shiba Inu (SHIB) And Dogecoin (DOGE) Investors Looking Toward Sparklo (SPRK) Presale

The post Shiba Inu (SHIB) And Dogecoin (DOGE) Investors Looking Toward Sparklo (SPRK) Presale appeared first on Coinpedia Fintech News 2022 has not been a good year for meme coins, especially for Shiba Inu (SHIB) and Dogecoin (DOGE). These cryptocurrencies have been affected by the recent bear market and are still struggling to bounce back. Shiba Inu (SHIB) and Dogecoin (DOGE investors are starting to lose hope and are looking for better investment options like …
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What led this Chinese Court to demand NFT regulations?

The Hangzhou Court in China argued that because NFTs had qualities associated with property rights, such as value, scarcity, disability, and readability, they must be protected by the law.
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Why Kentucky is scrutinizing contracts offering cheaper electricity to miners

The Kentucky Public Service Commission (PSC) has started a formal inquiry into two contracts that would grant new cryptocurrency mining firms discounted power rates.
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Carbon Offset Crypto Project IMPT Announces Exchange Listing After Raising $14m – How To Invest

The post Carbon Offset Crypto Project IMPT Announces Exchange Listing After Raising $14m – How To Invest appeared first on Coinpedia Fintech News It’s been another massive week for IMPT – as the platform’s developers have announced their intentions to bring forward the presale end date. With more than $14m in funding raised in just over two months, the developers have opted to end the ultra-successful presale phase early to focus on putting the final touches on the …
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Analysts think poorly of Tezos (XTZ) and Algorand (ALGO), Orbeon Protocol (ORBN) demand sees new ATH in presale

Tezos (XTZ) and Algorand (ALGO) have been left vulnerable as the cryptocurrency market is in deep crypto winter, with both coins bearing massive losses. Orbeon Protocol (ORBN) will change venture capital for good, as ORBN aims to revolutionize investing in startups. Orbeon Protocol (ORBN) is in phase 2 of its presale. Analysts think the ORBN …
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Hidden Crypto Gems to invest in 2023: Big Eyes (BIG) Firepin (FRPN) and Orbeon Protocol (ORBN)

Looking for hidden gems to invest in 2023? Market experts are looking at Big Eyes (BIG), Firepin (FRPN), and Orbeon Protocol (ORBN). Big Eyes Coin (BIG) and Orbeon Protocol (ORBN) are still in their presale phase, and $ORBN is expected to be a 60 to 100x heading into the end of the year. Let’s take …
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Most Trending Meme Coin Toon Finance Locks in Twitter HQ Billboard

The post Most Trending Meme Coin Toon Finance Locks in Twitter HQ Billboard appeared first on Coinpedia Fintech News Trending Meme Coin buys Twitter HQ Billboard Internet memes have turned out to be not only sources of entertainment but also an avenue for investment. Their attractiveness is directly attached to the humorous nature of these meme coins that have gained a lot of media and public attention. Meme coins such as Toon Finance are …
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Top 5 Popular NFT Tokens to Invest in December 2022

NFT tokens to invest in December 2022:The non-fungible token (NFT) market has had a difficult year as a result of a decline in sales brought on by the bear market in cryptocurrencies. Despite this, some collections, such as the Reddit World Cup collectibles, continued to see significant gains. Non-fungible tokens (NFTs) have gained a lot The post Top 5 Popular NFT Tokens to Invest in December 2022 appeared first on CoinGape .
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Bitcoin (BTC) Price Might Drop More Than 70% in 2023 – Predict Top Experts

The post Bitcoin (BTC) Price Might Drop More Than 70% in 2023 – Predict Top Experts appeared first on Coinpedia Fintech News Bitcoin’s price is gradually rebounding from the recent sell-off brought on by the FTX fiasco, but predicting a bottom is like shooting darts at a board while wearing blinders. While many experts from the industry have started predicting BTC’s price for 2023, one should remember that the price predictions come at a time when Bitcoin …
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UK Completes Its Plan for Crypto Regulation, Following FTX Demise

The UK Treasury is reportedly finalizing a framework for the regulation of the cryptocurrency industry. According to The Financial Times,
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Bitcoin’s Difficulty Slides 7.32%, Reduction Marks the Largest Drop in 2022

On Dec. 5, 2022, at block height 766,080, Bitcoin’s mining difficulty adjustment dropped 7.32% lower, making it the largest difficulty reduction in 2022. The current difficulty is approximately 34.24 trillion and it will remain at this point for the next two weeks or 2,016 blocks. Bitcoin Miners Catch a Break as the Network’s Difficulty Drops
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cointelegraph

A loophole allowed FTX to secure its Aussie license without full checks: ASIC's Longo

ASIC's Joseph Longo pointed the finger at a loophole that allowed FTX to acquire an Australian Financial Services License under its watch.

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cointelegraph

Crypto Twitter uses new AI chatbot to make trading bots, blogs and even songs

A few simple prompts to a recently released AI chatbot is all Crypto Twitter needs to create trading bots, an investment thesis and a crypto-themed song.

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cointelegraph

Rumors of a new native 'Twitter Coin' emerge while Dogecoiners remain hopeful

Online tech sleuths claim to have uncovered a secret new project on Twitter, which is being referred to as "Twitter Coin."

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cointelegraph

US consumer watchdog probes crypto firms over deceptive ads

The Federal Trade Commission is investigating several unnamed crypto firms over possible misconduct in the advertisement of digital assets.

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cointelegraph

Ripple CTO shuts down ChatGPT's XRP conspiracy theory

An AI chatbot alleged Ripple can secretly control its blockchain through an undisclosed backdoor in the network's code and has been ridiculed by the firm's CTO.

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cointelegraph

Kentucky to scrutinize contracts offering cheaper electricity to miners

The Kentucky government is investigating whether the proposed discounted electricity for crypto miners will raise electricity costs for Kentucky residents.

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cointelegraph

Bitcoin price recovery possible after record realized losses and leverage flush out create a healthier market

On-chain analysis highlights a slow down in selling and improving investor sentiment which could help BTC price recover.

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cointelegraph

US House committee chair pushes back against SBF's excuse to potentially delay testimony

"It is imperative that you attend our hearing on the 13th, and we are willing to schedule continued hearings if there is more information to be shared later,” said Maxine Waters.

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cointelegraph

Bitcoin bears beware! BTC holds $17K as support while the S&P 500 drops 1.5%

BTC whales and market makers are holding their leveraged long positions, even though BTC failed to break above $17,400 on Dec. 5

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cointelegraph

Nexo leaving US, says country lacks clear regulations

The crypto lending platform says it will no longer accept new registrations, and operations for existing customers will eventually be wound down.

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cointelegraph

Price analysis 12/5: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT

Crypto markets appear to be losing some of their recent bullish momentum, but a favorable tailwind from equities markets could catalyze a breakout in Bitcoin and select altcoins.

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cointelegraph

Metaverse comes in second place as Oxford's word of the year

The term describing an internet-enabled virtual world lost to "goblin mode" in 2022 — "a type of behavior which is unapologetically self-indulgent, lazy, slovenly, or greedy."

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cointelegraph

Central bank plans to make CBDC 'only legal digital tender' in Indonesia, says gov

“Collaboration and synergy on national and international level is critical to the development of Digital Rupiah,” said Perry Warjiyo.

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cointelegraph

Maple Finance cuts ties with Orthogonal Trading over alleged misrepresentation of finances

Maple’s decision comes after Orthogonal Trading admitted on Dec. 3 that it was unable to meet loan repayments following the collapse of FTX and its partner Alameda.

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cointelegraph

Treasury officials would have done more for national security by leaving Tornado Cash alone

Tornado Cash contributes to our national security interests more than it undermines them.

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cointelegraph

Vitalik Buterin discusses his excitement for the future of Ethereum

The Ethereum co-founder was bullish on the rise of decentralized blockchain identities to safeguard user privacy.

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cointelegraph

Malta prepares to revise regulatory treatment of NFTs

The revision seeks to remove nonfungible tokens from Malta's Virtual Financial Assets framework.

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cointelegraph

How can UK-based businesses accept Bitcoin?

Through Bitcoin payment processors like BitPay, businesses in the UK can offer BTC as a payment method during checkout.

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cointelegraph

USDC issuer Circle terminates SPAC merger with Concord

The deal previously valued Circle at $4.5 billion in July 2021 before an upward revision to $9 billion in February 2022.

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cointelegraph

Brazilian crypto industry gets regulatory clarity amid global uncertainty

The recent regulatory framework from the Brazilian Congress will benefit the country’s financial institutions and bridge local liquidity with global markets.

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cointelegraph

BTC price levels to watch as Bitcoin holds $17K into the Wall Street open

BTC price strength allows cautious traders to outline targets above $17,500.

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cointelegraph

Litecoin eyes $100 after 'rare' LTC price breakout

MoneyGram's decision to integrate Litecoin into its crypto services and the coin's upcoming halving event has served as catalysts behind LTC's price rally.

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cointelegraph

SEBA Bank partners with HashKey for institutional crypto adoption

The two firms will create solutions for institutional investors seeking to dive into the crypto ecosystem.

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cointelegraph

Crypto layoffs trigger mixed responses from the community

From giving encouragement to trying to recruit the laid-off staff, crypto community members posted various responses to recent crypto layoffs.

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cointelegraph

Crypto community baffled by SBF dictating terms over congressional hearing

Many in the crypto community pointed towards Bankman-Fried’s political donations and good Democratic connections via his parents, being one of the key reasons for him to evade arrest.

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cointelegraph

Audit firm Mazars to verify KuCoin’s proof of reserves

Mazars, the former accounting firm for Donald Trump’s companies, was hired recently to audit Binance’s PoR.

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cointelegraph

Standard Chartered forecasts ‘surprise’ Bitcoin downside after FTX collapse

Multinational bank Standard Chartered considers potential downside for Bitcoin in 2023 as the cryptocurrency ecosystem weathers the collapse of FTX.

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