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Ripple’s Use Case Stand Out While Others Remain Speculative

Regulation News Ripple and SEC legal talks continue. XRP provides great cross border payments. The Securities and Exchange Commission (SEC) and Ripple (XRP) legal talks in the US continue to heat up. As a result, these issues have become one of the most talked-about topics in the crypto world. Recently, the CEO of Ripple, Brad Garlinghouse, insisted that the SEC has provided no clarity in crypto regulation and has lost sight of its mission to protect investors. Despite this ongoing heated debate between SEC and Ripple, XRP continues to provide

Win Big On The Big Bad Wolf Megaways Slot With BitStarz

From the classic tale of the 3 little pigs, software developer Quickspin brings you the story reimagined. Recently released, this game is currently available to play on BitStarz casino. We are testing it so you don’t have to, giving you all the finer details so you can dive in without worry. This video slot game features 6 reels, and between 2 and 7 rows, depending on the size of your symbols. Because of the alternating symbol sizes, this slot game has a potential of 117,649 megaways to win on.  This

Molecule Partners with VitaDAO and Nevermined Creating Pioneering Biopharma IP-to-NFT Transfer

[Press Release – Please see Disclaimer] Molecule, a decentralised biopharma marketplace, has developed a novel IP-to-NFT framework with Web3 technology innovator Nevermined. In a historic transaction, the first biopharma IPNFT was successfully transferred to research collective VitaDAO to fund novel longevity therapeutics at the University of Copenhagen. 18th August 2021, Basel, Switzerland — For the first time in history, NFTs are being used for a transfer of IP ownership in medical research. This unique milestone is a result of a partnership between biopharma IP marketplace Molecule, and VitaDAO, a decentralized

Cardano Founder Charles Hoskinson Calls For Mass Rally Against U.S. Crypto Taxation Bill

Charles Hoskinson, Cardano’s founder and CEO of blockchain research company Input Output Hong Kong (IOHK), has urged the U.S. crypto community to rally against the recently proposed taxation policy. Hoskinson first took it to Twitter earlier this week, calling on digital asset proponents in the U.S. to rally in Washington DC to vent their grievances against the bill. This would be a bid to convince the country’s senators to amend the Internal Revenue Services (IRS) reporting rules for cryptocurrencies. “I think it’s about time we get a rally going in

TRON Launches $300 Million Fund for GamiFi Projects

With the increasing interest in blockchain gaming, the popular blockchain platform, TRON, has recently announced the launch of a new $300 million fund dedicated to supporting GameFi projects. TRON Launches $300M Fund to Support Game Developers In a press release shared with CryptoPotato, TRON noted that the fund dubbed TRON Arcade was launched in collaboration with the leading NFT project, APENFT, and the DeFi project, WINKLink. TRON Arcade is geared toward supporting developers to create games using the play-to-earn mechanism, thus building a robust DeFi content and entertainment community in

DAO-led DeFi Hub NearPad Announces $2M Seed Raise 

[PRESS RELEASE – Please Read Disclaimer] NearPad, the DeFi hub on NEAR’s layer 2 protocol – Aurora, has announced the successful close of its $2m seed round. The raise was led by NGC with participation from leading backers in the blockchain space including NEAR Foundation, OWC, Ellipti, LD Capital, Flow Ventures, Genblock Capital, Exnetwork, and SuperNova Fund. NearPad has set its sight on jumpstarting ecosystem growth on Aurora through its DAO-centric protocol. “We’re excited to partner with NearPAD to help early teams fair launch,” says NEAR Foundation. “NearPAD brings the

Leading Smart Product Retailer Wellbots Now Accepting Bitcoin Payments

Wellbots, a U.S.-based smart product online retailer, has announced that its customers can now make payments for goods at checkout using six cryptocurrencies.  Wellbots Now Accepts BTC  Announcing the development in a press release today, Wellbots said it will now accept Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and popular stablecoins Dai and USD Coin (USDC) for its smart products.  Before this time, the online store only accepts traditional payment methods such as Shop Pay, Google Pay, PayPal, Amazon Pay, Credit Card, and Affirm.   However, with the integration

China Situation Not as Bad, Bitcoin to Reclaim $60K In 2021: Interview with OKEx

CryptoPotato had the opportunity to host a discussion with Lennix Lai – the Financial Markets Director at OKEx. Established in 2017, OKEx is one of the leading cryptocurrency exchanges in the world by means of trading volume and is also a big player in China. We took the opportunity to discuss, first hand, what’s currently going on in the market from both a retail and institutional perspective, as well as what’s actually happening in China. [embedded content] $60K Bitcoin In 2021 After Bitcoin lost around 50% from its all-time high

US Treasury Proposal Applies Travel Rule to Crypto

On Dec. 18, an office within the US Treasury Department released a set of proposals regarding cross-border transfers of digital assets. The US Treasury Financial Crimes Enforcement Network (FinCEN) released a proposal that aims to close loopholes regarding the movement of digital assets. In the announcement on the release, FinCEN also requested input from the public. The measure, called the Travel Rule, affects cross-border transfers. Know thyself The major thrust of the proposal is a change regarding privately owned digital wallets. Virtual Asset Service Providers will now have to require

Bitcoin is not Completely Banned in China: Beijing Arbitration Commission

China has no reservation against ‘Bitcoin activities as virtual commodities,’ the Beijing Arbitration Commission (BAC) said in a report today. The report also added that the country’s laws and regulations ‘do not prohibit’ private possession and legal circulation of BTC.Bitcoin Is Not A Currency, But A ‘Virtual Commodity’Today local non-profit arbitration organization, the Beijing Arbitration Commission, pointed out in a report that Bitcoin cannot be used as a currency. It is not a legal tender and is not issued by China’s apex monetary authority.Overall, BTC doesn’t share the same legal