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  It has been reported that the value of the world's most popular cryptocurrency has plummeted by around 8 percent in the last 24 hours. BTC's price has fallen to its lowest level since early October, losing over 20% of its value. A record low for European markets are expected soon, and U.S. stock futures are plummeting as well. Fears about a new and mutated coronavirus strain, first detected in South Africa, have sent cryptocurrency prices down along with other risky assets.

Blockchain technology is increasingly being employed in enterprises outside of the financial industry, and this trend is expected to continue in the future. By 2023, it is estimated that investment in blockchain technologies will reach US$16 billion per year on average. (Approximately RM68 billion). To put this in perspective, consider the fact that US$8.7 billion was invested in blockchain and cryptocurrencies in the first half of 2021. The Malaysian government is aiming to create a long-term environment for the country's technology and financial services industries in the next years. Founded in Singapore in July 2021 by Iskandar Investment Bhd as a wholly-owned subsidiary, the Ignite Global Innovation and Technology Exchange will be the world's first global innovation and technology exchange. In Malaysia, IIB Ventures Sdn Bhd is in charge of the development of the blockchain industry's ecosystem. This is why BV@M has set a goal of creating a blockchain ecosystem in Medini...

  According to reports, Tanzania's central bank is considering the introduction of a central bank digital currency, often known as a CBDC. This was reportedly disclosed at the 20th Conference of Financial Institutions in Tanzania, where Governor Florens Luoga is credited with making the announcement, according to reports. eNaira was founded as Nigeria's CBDC last month, marking the first time this has happened in Africa. It is possible that Tanzania will join the expanding list of countries that are actively studying CBDC adoption if the CBDC trial is a success. However, the Bank of Tanzania is still wary about cryptocurrency investments in Tanzania and reminds the general public that it is not permitted to do so legally in the country. The fact that cryptocurrencies such as Bitcoin and Litecoin are practically prohibited in Tanzania, according to a central bank decree published in November of 2019.

  As of July 2021, 7.4 million Indonesians had purchased or sold cryptocurrency. Startups are increasingly turning to a variety of blockchain-based platforms to meet their specific requirements. Charity, agribusiness, gaming, and tech-enabled healthcare are just a few of the industries where initiatives are being explored. BeKind is a new company that uses the blockchain to organize charitable organizations. K1ND, a coin developed on the Binance Smart Chain, was launched by the firm. As with interest-bearing savings accounts, donors can earn BeKind Hub tokens by placing them at risk. In Indonesia, BeKind is the country's first blockchain-based contribution platform. As a result of their tokens being staked, donors, charities, and non-profit organizations are paid interest. Tokyo Crypto hopes to launch and list BeKind tokens officially in December. Currently, it is selling its tokens for USD 0.17 per token through private sale channels. Food and agriculture data sharing service Hara...

  Things like a video game that pays you to play or a series of free NFTs that are currently making movies and videogames of their own accord are still appearing. Doubters regard the rest of the players in the space as a collection of grifters and try-hards who regularly change their Twitter profile images to pixelated punks and apes in an attempt to eventually convert those NFTs into a greater fool. In spite of the torrent of bitcoin mentions and letters from readers amazing and beneficial, new things are still emerging. Due to the Constitution DAO's structure, a group of thousands of people was unable to purchase the DAO. This year, Royal is seeking to change the usual relationship between record companies and musicians. At least one NFT is predicted to be owned by everyone during the next ten years by Ehrsam Blau, a crypto maximalist. It's feasible that music licensing will be a driving force in our success. According to Blau, notable artists are being approached by him to b...

  According to the Securities and Exchange Commission of the state of Alabama in the United States, Acoin Trading, as well as 96 other cryptocurrency websites, have been ordered to cease and desist from operating. In addition to making claims of "excessive returns," the sites often report fictitious account amounts and levy "undisclosed fees." Philip Zuka, commonly known as Sirzuka, was the founder and proprietor of the cryptocurrency trading company Acoin Trading, which he registered with Namecheap Inc. Following consideration, an investor opted to participate in a demo and made a $10,000 initial investment. In an attempt to withdraw his money, Zuka demanded an additional payment before any funds could be transferred from his bank account to a different account.

El Salvador will become the first country in the world to legalize Bitcoin. At the foot of a volcano, a "Bitcoin City" will be constructed on the ocean's edge. According to Nayib Bukele, there will be no property, income, or municipal taxes levied in the municipality. The President of El Salvador, Nayib Bukele, delivered a speech at the Latin American Bitcoin and Blockchain Conference. Bitcoin is now officially recognized as legal tender in the United States of America. To encourage Bitcoin-related operations in El Salvador, the government has set up a $150 million fund to be administered by the Central Bank of El Salvador. Because Bitcoin was initially intended to operate outside of government-controlled financial institutions, according to Bukele, it will attract worldwide investment to El Salvador as well as make it easier for Salvadorans living abroad to send money back to their families.  

  The prices for transactions involving Russia's central bank digital currency (CBDC) will be lower than the fees for wire transfer transactions in the country. The central bank plans to begin testing a digital ruble in early 2022, according to the Financial Times. CBDCs, according to a government official, are a viable alternative to private cryptocurrencies such as Bitcoin.

  According to Hillary Clinton, who spoke at the Bloomberg New Economy Forum in Singapore, cryptocurrency has the potential to "weaken" national currencies. Hillary Clinton's not a fan of  Bitcoin and other cryptocurrency , and she is concerned that their widespread acceptance may lead to the destabilization of governments great and small. In China, the use of cryptocurrencies for personal reasons has been outlawed, making any cryptocurrency-related economic activity illegal. North America has surpassed all other regions in the world in terms of ransomware attacks.

  Blockdaemon has received investment from JPMorgan Chase Strategic Investments and Tiger Global Management. Decentralized finance is a new frontier for traditional financial organizations. Nodes — the network's participants or devices like computers — are managed by the company, which connects business parties to blockchains. Over 40 blockchain networks are supported by Blockdaemon. As a result, it is widely employed by crypto platforms and businesses alike. According to Blockdaemon's CEO, Konstantin Richter, Blockdaemon's nodes have grown 2,000 percent year-to-date. According to John Curtius, a partner at Tiger Global, the company's quick expansion was a factor in its attractiveness as an investment. Onyx by J.P. Morgan's blockchain division's chief executive officer, Umar Farooq, said the appeal was in its "multi-layered strategy." For regulatory and security reasons, Blockdaemon is looking to hire CISOs, compliance officers, and financial auditors....

Sequoia Capital led the $50 million funding round for StarkWare, a company developing an Ethereum scaling solution. The Israeli business has just raised a record $2 billion in its most recent funding round. StarkNet previously raised $75 million in Series B funding headed by Paradigm a few months ago. In spite of competition from alternative blockchains with superior efficiency, investors continue to pour money into infrastructure businesses geared at helping Ethereum grow to more users and transaction volume. According to TechCrunch, Andreessen Horowitz was the lead investor in Matter Labs' Series B investment round earlier this month. Lightspeed invested $1.2 billion in Offchain Labs, a blockchain scaling company, in August. This year, they made a quarter of all new investments in blockchain businesses. A total of $200 billion has been paid out and 50 million transactions have been completed by the firm. In preparation for the launch of StarkNet L2 on the Ethereum mainnet, StarkW...

In today's trading, cryptocurrency values were higher, with Bitcoin holding around the $65,000 level. According to market capitalization, the most popular and largest cryptocurrency, Bitcoin, surged by over 1.5 percent to $65,855 dollars. To date this year, Bitcoin has gained over 127 percent year-to-date (YTD), having recently reached a fresh high of more over $69,000. In recent months, Bitcoin's voyage has been bumpy, with the most popular digital token falling below $30,000 in June as a result of criticism of its energy use and the Chinese government's assault on cryptocurrencies. The crypto sector began to revive in part as a result of China's broadsides, which prompted it to react. In the aftermath of rising through the $69K mark and reaching a new all-time high, Bitcoin is holding strong around the $65000 level." BTC has broken out of the Flag pattern and appears to be on the verge of a new bull run. Bitcoin is on track to surpass the six-figure milestone in ...

Stocks of companies based in Korea Wemade's stock price soared by more than 400 percent, resulting in a market value of around $5 billion. MIR4 has been downloaded more than 1 million times from Google's Play Store, and it generated 11.5 billion won (about $10 million) in revenue in just one month, in September. MIR4 is one of the few games built using blockchain technology, and it was produced by a big game company. As cryptocurrencies become more widely accepted in the mainstream, such games are becoming increasingly popular. Players can earn cryptocurrency by converting in-game things into cryptocurrency assets such as Wemix, which is Wemade's proprietary cryptocurrency. Other Korean game developers have experimented with the technology in the past, but none have had the same level of success as MIR's founder Park Soo-Hyeon. Wemade generated sales of 63 billion won (about $55 million) in the third quarter of this year, an increase of 167 percent over the same period ...

Apple CEO Tim Cook was asked about his personal cryptocurrency holdings and responded yes. Apple does not yet offer any products or services related to cryptocurrencies. Although it does allow crypto wallet apps to be installed on the iPhone App Store, Apple restricts mining applications. There are no immediate plans to implement cryptocurrency technology at Apple.  

  To better understand the possibilities of cryptocurrencies, Twitter has engaged a team of analysts. An experienced blockchain developer is in charge of the project, Tess Rinearson. Virtual goods, currencies, and ways for fans to support local communities will be the primary focus of the team. They will participate in Twitter's Bluesky, a decentralized social networking project. In the past, Twitter CEO Jack Dorsey has advocated for decentralized technologies like cryptocurrencies, blockchain, and others. Other online companies are also exploring blockchain and cryptocurrency. Tim Cook, Apple's CEO, says the business has been "interested" in crypto for some time, but it doesn't yet have a crypto roadmap.

Indonesia's National Ulema Council (MUI) has banned the use of cryptocurrency as a form of currency. The council held an expert hearing on the subject on Wednesday, and the results were announced on Thursday. MUI is in charge of Shariah compliance in Indonesia, which has the world's largest Muslim population. It does not imply that all cryptocurrency trading in Indonesia would be halted.  

Today, November 11, the value of cryptocurrencies remained in the red zone. The total market capitalization of cryptocurrencies is Rs 207.61 lakh crores, down 3.79 percent from the previous day, while the total market volume of cryptocurrencies is Rs 1,304,913 crores, up 27.74 percent from the previous day. In the current market, bitcoin's price is Rs 52,18,371 and its market share is 43.55 percent, representing a decrease of 0.02 percent from the previous day. Shiba Inu, a meme cryptocurrency, has fallen to fourth position in terms of trading volume on the WazirX exchange, behind Iotx, Loopring, and Bitcoin, according to data from CoinMarketCap. SHIB, the self-proclaimed "dogecoin killer," is a cryptocurrency that was created in August 2020 by a person going by the alias Ryoshi and is designed after the cryptocurrency Dogecoin. It is currently trading for Rs 0.003988, a 7.57 percent decrease from its previous trading price on November 10. Apple CEO Tim Cook acknowledged ...

With the use of blockchain technology, it is possible to create a realistic metaverse vision for the future. The advent of blockchain technology has resulted in the emergence of new business models that have the potential to upend the status quo. As the number of people who play for money continues to rise, new services are making it easier for anyone to enter into the game. There is a great deal of disagreement among the gaming community around the subject of microtransactions. Their capacity to bring in new content at a reasonable cost is something they can take advantage of. A "pay-to-win" mentality and/or a generalized sense of entitlement may develop from the usage of these substances. When you decide to stop playing a game, you forfeit whatever money you have invested. Play-to-earn An NFT-based online game known as Axie Infinity has surged to the top of the list of all decentralized applications (dapps) since its inception on the Ethereum blockchain (dapp). Players may ...

  The Bank of England and the Department for the Treasury will hold a consultation next year on the prospect of introducing a central bank digital currency in the United Kingdom, according to the Financial Times. Following this consultation, a "research and exploration" phase will be undertaken, with the information obtained being utilized to guide policy development over the next few years, according to those who took part in it. A CBDC will most likely be implemented in the United Kingdom by the second half of this decade, if not earlier. The survey will serve as a springboard for a broader discussion on what role a digital currency issued by the UK central bank might play in the future of the country. We need to understand the hazards that could arise as a result of this, so I'd like everyone to contribute to the conversation. Money Authority of Singapore will embark on Project Orchid, which will build on the rich findings of the Global CBDC Challenge, which was announ...

Bitcoin and ether both reached fresh all-time highs, extending their upward trend from the previous day. Bitcoin's price jumped beyond $68,000 at one point, surpassing a previous high set in late October, according to Bloomberg. A rise to $68,521 in the world's most valuable digital currency was followed by a decline to $67,106. It has risen more than 2 percent in the past 24 hours as of 10:30 a.m. local time on Monday. According to Coin Metrics statistics, it is currently 3:00 p.m. ET. Ethereum (ETH), the cryptocurrency that runs on the Ethereum blockchain, reached a new high of $4,840 on Tuesday. It has now broken beyond the $4,800 barrier for the first time. The coin has traded at a price of $4,805, representing a 1.3 percent increase in the last 24 hours. They are part of a bigger rise in the cryptocurrency market, which has reached a fresh high of almost $3 trillion in the last few days. Solana and cardano, the so-called "Ethereum killers," have seen their prices...

  Chris LoVerme of SpacePirate Games and Witek Radomski of Enjin discussed the recently enacted Valve limitation on games that employ non-fungible tokens during a session at the GamesBeat Summit Next in Las Vegas. One-of-a-kind digital items can be authenticated with NFTs because of the digital ledger's transparency and security provided by the blockchain. In video games, the rarity of rare collectible items can lead to new economic strategies. There have been over $780 million in NFT sales at Dapper Labs in the last year. The most expensive digital collage ever sold was a Beeple NFT electronic collage sold at Christie's in March for $69.3 million. NFT sales topped $1.2 billion in the first quarter of this year. Video game treasures can be sold using NFTs, a fresh and exciting idea. Traditional financial institutions are often viewed as frauds or over-hyped schemes for quick money. Companies like SpacePirate Games and Enjin are using NFTs to promote the mass acceptance of video...

A new record was achieved on Monday for the second-largest cryptocurrency by market value, Ether, with a new high of more than $4,700. A 12,000 percent increase in the value of SOL, Solana's cryptocurrency, has occurred in the last 12 months. In New York City last week, more than 5,000 people gathered to support nonfungible tokens at the NFT.NYC conference. According to CoinDesk, guests exchanged a total of 700,000 NFTs at the event. The cryptocurrency "Squid Game," which was inspired by Netflix's blockbuster TV show "Squid Game," suffered a huge plunge this weekend. Customers were unable to sell the token on Pancakeswap after CoinMarketCap received "a number of reports," the cryptocurrency exchange said in a statement. As of this writing, the token's white paper and website are no longer accessible online. Quentin Tarantino, the director of "Pulp Fiction," will release seven uncensored segments from the film. For his first three payc...

  In a recent survey, almost two-thirds of bitcoin investors in the United States are male and Caucasian. Maliha Abidi is an artist who identifies as a feminist. She established her first NFT as a digital asset based on the blockchain technology. People who previously were unable to invest in or sell their work can now do so for the first time. The ability to recognize one's own identity is essential for women and girls to feel a sense of belonging in a diverse community. According to BrokerChooser, there are over 100 million cryptocurrency owners in India. In the third quarter of 2021, sales of (NFTs reached about $11 billion. In India, female users constituted only 15% of all users. Financial assets, such as stocks and bonds, have a smaller gender disparity than other types of investments. Women use the internet at a lower rate than men all around the world, with only 46 percent of women using the internet globally. According to data from the World Economic Forum, women are under...

  Chinese central banker Mu Changchun spoke at Fintech Week in Hong Kong about how the digital yuan has progressed thus far, and how it will continue to grow. China's central bank's digital currency, the eCNY wallet, has been downloaded by more than 140 million users as of October, according to the article. At the time of this report's publication, Reuters estimated that the digital yuan had been used in transactions worth $9.5 billion. A PBOC official claims that the digital yuan has no official launch date, despite China's active testing of the digital currency. eCNY wallets have been accepted by 1.55 million retailers as of this writing. Utilities and catering, transportation and retail are among the other businesses that Mu cites. According to a source, more central banks are considering setting up their own CBDC. ' In the CIA Factbook, there are seven of them in operation, 17 in pilot mode, 15 in development, and 39 currently under consideration. According to B...

  It was repealed in 1999. Glass-Steagall, a federal law created in 1933 that separated investment banking from commercial banking, was repealed in 1999. In the cryptocurrency arena, Hsu stated, "the rapid expansion in users and overall market value has only been equaled by the rapid expansion in fraud and consumer complaints." Moving quickly and breaking things is a well-known proverb in the technology industry. The fact that in the financial services industry, those "things" are people and their money must always be remembered is critical. Senate Republicans compelled OCC candidate Saul Omarova to send in her college thesis on Marxism in October after she failed to comply with their demands. According to reports, the OCC will make suggestions to banks on how to handle bitcoin holdings.

  Block Tides, a Philippine blockchain business, sponsored the country's first NFT (non-fungible token) marketplace. Companies like Gala Games, PlaceWar, LBank, Ace eWallet, and GokuMarket helped make the event a success. In this discussion, corporate innovators discussed how they may help shape the future of blockchain technology. Block Tides has presented over 30 road presentations on blockchain and cryptocurrencies in Southeast Asia. People in afflicted communities and economies can go to the award-winning firm for guidance on how to deal with the pandemic. Blockchain technology is being marketed as a way to broaden acceptance of the pandemic as an opportunity for innovation. Ramos' Block Tides Live Series has raised over $200,000 and disbursed over $60,000 in donations. After the Covid-19 outbreak, she discussed the continued lockdowns and other emergency measures. Ramos' expertise has already helped a number of companies restructure their operations from scratch. ...

  It's a cryptocurrency based on the Solana blockchain that is now in use. When it made its debut in late summer of last year, its value surged. On January 1, 2017, the game's creator released his first concept art for Solana. ETH's long-term rival, SOL, is being mentioned as a potential long-term opponent. When compared to other Blockchains, transactions on the Solana Blockchain are significantly less expensive. Solana's blockchain has less competition for space than EtherLedger's, which is a good thing. Transactions were suspended for 17 hours in September due to a major outage. There are those who say it was only teething pangs, while others fear that it will not be able to compete with Bitcoin and other major cryptocurrencies. The Solana network is powered by the SOL coin. In addition to smart contracts, Solana provides a platform for decentralized financial apps and other smart contracts. Transactions on the Solana network will be highly fast and cost-effective...

Mattereum claims that its mission is to assist in the creation of a circular economy by assisting markets in understanding how items are manufactured and what the long-term implications of their manufacturing and transportation procedures were. It is anticipated that digital technology and the marketplace will assist consumers in linking products to their source and specifics of the goods in order for them to be appropriately valued. Ava Labs is responsible for the development of the Mattereum technology. A blockchain is a data source that links numerous pieces of information together in a chronological manner across time. The usage of technology is becoming more frequent as businesses strive to acquire reliable information that will assist them in improving their environmental policies. The CEO of Mattereum, Vinay Gupta, believes that "every year, tens of billions of tons of new stuff are produced, much of it useless, resulting in tremendous waste and massive carbon emissions....

The number of viable applications for the "mBridge" digital currency platform has climbed from five to fifteen, representing a significant increase from the previous figure of five. Among the other potential applications are cross-border financial transfers tied to insurance transactions and e-commerce activities. Aiming to solve the shortcomings of the traditional correspondent banking arrangement, the project is being funded by the European Union. Transactions carried out on the platform would be decoupled from the identities of the end users. Ms. Mu asserted that "mBridge has a great capability in privacy protection."  

  In October, $9.7 billion in transactions were made using the "eCYN" digital yuan accounts. Over 140 million people have opened wallets to receive the new digital yuan, according to official figures. The eCYN will be implemented nationwide at some point in the future, although no exact date has been established. According to some estimations, global enterprises might save up to $100 billion per year on cross-border payment transaction costs. China has taken aggressive attempts to market the eCYN, even as it cracks down on cryptocurrency exchanges and users. Bitcoin transactions were halted in September following the repatriation of Chinese cryptocurrency miners.

  Polkadot is a protocol that was developed with the purpose of integrating various blockchains together into a single network. Polkadot employs a consensus technique known as Nominated Proof-of-Stake (NPoS), which compensates users for staking their DOT tokens on the Polkadot blockchain. The DOT token is the network's native token, and it is used to pay for services. Participants on the blockchain, including network validators, nominators, collators, and fisherman, can be accessed by those who hold the cryptocurrency in their possession. Polkadot (DOT) is a cryptocurrency that is listed among the top ten most valuable cryptocurrencies in the world by market capitalization. After a meteoric surge from $11 in July 2021 to more than an all-time high (ATH) of $50+ today, DOT has enjoyed an astounding rise. Despite being a relatively newcomer to the cryptocurrency market, Polkadot has quickly established itself as one of the most successful alternative currencies. Parachains will be al...

  EIP 1559 was implemented on the mainnet 60 days ago, however the upgrade is still in its early stages. The upgrade's base fee burn, as well as the upgrade's impact on the coin's long-term survival, are the topic of their inquiry. Bitcoin miners will be forced to rely on transaction fees to preserve their business model as block rewards become increasingly small. Transaction fees formerly collected by bitcoin miners were mostly abolished by EIP 1559. Bitcoin is viewed as a store of wealth rather than a currency, but the "digital gold" tale that accompanies it has led to a decrease in network activity. There will be a major impact on Ether's supply in the future due to the amount of activity on the network and demand for blockspace. Given that bitcoin's limited quantity is a major selling point for investors, EIP 1559's claim that it "solved" the issue of paying miners in perpetuity may be wrong.

  Squid Game Token, a digital token based on the popular South Korean Netflix series, has practically lost all of its value during the last several days. As a result of the publicity surrounding Squid, the price of the cryptocurrency has risen sharply in the last several days. Consumers have expressed dissatisfaction with the corporation for not allowing them to resell the tokens they had received as presents. The developers walked away with an estimated $3.38 million in cash. The squid tokens were intended to be used in a new online game based on the popular Korean television series 'The Squid Game'. There is no longer a website for the company, and none of the social media profiles that marketed the tokens are still active. Numerous tell-tale signs indicating it was almost probably a fraud had been alerted by cryptocurrency specialists prior to the launch of the scheme. Pump and dump schemes are frequent in the cryptocurrency business, with investors often falling prey to the...

  MicroStrategy CEO Michael Saylor predicts that the value of Bitcoin (BTC-USD) will "go up indefinitely," but that the cryptocurrency will remain volatile. When asked by CNBC if it plans to continue buying Bitcoin, MicroStrategy, a business intelligence software company that has also become a large buyer of cryptocurrency, said the answer was yes, depending on market conditions. His prediction: "Bitcoin will be a powerful and hard store of value for the economy for the next decade." According to Saylor, the MSTR's chairman, the company was willing to use debt or equity to finance its expanding stockpile. It will be purchased on a quarterly basis using cash flows, debt, or stock, depending on market conditions and what appears to be more accretive for our shareholders, according to Mr. Johnson. For the rest of the crypto market, Saylor believes that if governments establish a clear structure, a U.S. dollar stablecoin might be worth $10 trillion. According to him...

  This issue of Carbon Black is focused on finding strategies to lower the carbon footprint of Bitcoin and other digital currencies. Though the technology that underpins blockchain is energy-intensive, it is getting more environmentally friendly with each passing day. Using NFT art, you may create a digital work of art that is protected by a tamperproof, blockchain-encrypted certificate. The owner is provided with a non-fungible token (NFT) in order to verify that he or she is the lawful owner of the artwork in question. This is a revolution since it is the first time that original artwork can be accompanied by a legal title of ownership. During our interview with John Karp, co-author of "NFT Revolution," we discuss ways to make NFTs and the blockchain more ecologically friendly. China's hypersonic weapons test, which might be used in space systems, was endorsed by the United States' top military official, Gen. John Allen.

The banking industry is scrambling to catch up with the rest of the world in terms of technological advancement. Banks want to compete in and benefit from this new environment as soon as possible, and they want to do so as soon as possible. Financial advisors who work with high-net-worth individuals are now able to offer bitcoin investments to their clients. The traditional banking system is being challenged by the emergence of a new financial universe that is competing with it. In a first for the industry, cryptocurrency start-ups are offering credit cards and loans for the first time. Despite the fact that digital currencies are gaining popularity, top executives at the largest banks in the United States have shown little enthusiasm for them. Earlier this year, JPMorgan launched an all-digital system that is modeled after the old "overnight repo" market. Goldman Sachs has recently begun displaying digital asset prices on its Marquee platform, which was previously unavailabl...