large

Commonwealth Bank CEO Warns About The Biggest Risk of Crypto, Its Not What You Think

Source Node: https://coingape.com/commonwealth-bank-ceo-warns-about-the-biggest-risk-of-crypto-its-not-what-you-think/
Time Stamp: November 19, 2021 3:38 AM - Modified On: November 19, 2021 - Published By:
Source Cluster:
Republished By Plato

Matt Comyn, the CEO of Commonwealth Bank of Australia in a recent interview with Bloomberg revealed what he believes is the biggest risk with crypto today. Comyn said, given the rise of digital assets as the alternative investment sector, the biggest risk of crypto is “missing out.” He explained, even though the crypto market is relatively volatile, banks must work towards incorporating the tech to fulfil consumer demand. Failing to do so will leave banks out of the market completely. Comyn said, “We see risks in participating, but we see

Can Crypto Destabilize Nations? Hillary Clinton believes so

Source Node: https://coingape.com/can-crypto-destabilize-nations-hillary-clinton-believes-so/
Time Stamp: November 19, 2021 2:10 AM - Modified On: November 19, 2021 - Published By:
Source Cluster:
Republished By Plato

The ex-Democratic presidential candidate against Trump, Hillary Clinton, recently picked a rather conservative stance about crypto, levying the industry as a threat to global economic stability. She spoke remotely at the Bloomberg New Economy Forum on Friday in Singapore, highlighting exclusive challenges that global governments are currently dealing with, including disinformation and artificial intelligence. Furthermore, Clinton put special emphasis on cryptocurrencies under these categories, claiming that they hold the potential to destabilize entire nations. According to Clinton, the decentralized market may take over entire economies, by starting small but gradually

Introducing GoFungibles’ community governance in the world of crypto

Source Node: https://ambcrypto.com/introducing-gofungibles-community-governance-in-the-world-of-crypto/
Time Stamp: November 17, 2021 7:00 AM - Modified On: November 17, 2021 - Published By:
Source Cluster:
Republished By Plato

OkDecentralization and Web 3.0 are hot topics in the world right now. A byproduct of blockchain technology is the emerging world of Web 3.0. The idea behind Web 3.0 is that users on the internet will interact with each other and data will be stored in a decentralized way, giving users data privacy and sovereignty. This is different from Web 2.0, where most of the activity on the internet is composed of users interacting with each other and data stored in centralized storage locations that are controlled by large companies.

Mt. Gox Bitcoin Rehabilitation Plan Gets Final Approval From Trustee Board

Source Node: https://beincrypto.com/mt-gox-bitcoin-rehabilitation-plan-final-approval-trustee-board/
Time Stamp: November 17, 2021 3:25 AM - Modified On: November 17, 2021 - Published By:
Source Cluster:
Republished By Plato

The Mt. Gox bitcoin rehabilitation plan, which would reimburse 150,000 BTC to victims of the exchange hack has gained final approval from the trustee board. The development marks one of the final steps before the Mt. Gox saga is finally put to rest.Sponsored Sponsored The rehabilitation plan for Mt. Gox has gained final approval from the trustee and has become final and binding, according to a notice published on Nov 16. The confirmation has been a long time coming, after news of a rehabilitation plan emerged in January 2021. The

Loopring CEO Moves 61.3 Million LRC, Triggering GameStop NFT Speculation

Source Node: https://beincrypto.com/loopring-ceo-lrc-gamestop-nft-speculation/
Time Stamp: November 17, 2021 1:50 AM - Modified On: November 17, 2021 - Published By:
Source Cluster:
Republished By Plato

On Nov 16, a transaction of 61.3 million LRC being moved to layer 2 occurred on the Loopring network. The Crypto community speculates that this could be a move to support a forthcoming GameStop NFT marketplace.Sponsored Sponsored Investors and market speculators are having a field day after a recent Loopring transaction has them thinking that it could be related to a GameStop (GME) float. On Nov 16, a deposit of 61.3 million LRC, worth $164.8 million, on the Loopring Exchange occurred. The assets were also moved from layer 1 to

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:
Source Cluster:
Republished By Plato

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:
Source Cluster:
Republished By Plato

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

Here’s how Cardano can break away from its bearish shackles

Source Node: https://ambcrypto.com/heres-how-cardano-can-break-away-from-its-bearish-shackles/
Time Stamp: November 15, 2021 6:30 PM - Modified On: November 15, 2021 - Published By:
Source Cluster:
Republished By Plato

Cardano has been in a constant downtrend since early-September and has struggled to recover lost ground even during broader market rallies. The last rally was observed between 5-10 November, although bulls were unable to clear the 38.2% Fibonacci level. Over the near-term, ADA could continue its consolidation and expect traders to shift back to long positions once ADA closes above $2.30. At the time of writing, ADA traded at $2.06, up by 1.2% over the last 24 hours. Cardano Daily Chart Source: ADA/USD, TradingView A look at ADA’s On Balance

Bitcoin Whales Show Largest Movement Since 2017

Source Node: https://bitcoinist.com/bitcoin-whales-show-largest-movement-since-2017/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-whales-show-largest-movement-since-2017
Time Stamp: November 15, 2021 2:00 PM - Modified On: November 15, 2021 - Published By:
Source Cluster:
Republished By Plato

On-chain data shows Bitcoin whales are currently showing the largest movement since 2017. Here’s what it might mean for the crypto. Current Bitcoin Whale Activity Is The Largest Since 2017 As pointed out by an analyst in a CryptoQuant post, on-chain data shows signs of big whale activity not seen since 2017. The relevant indicator here is the “tokens transferred mean” metric, which tells us the mean amount of Bitcoin involved per transaction. High values of the indicator imply there are some big transactions taking place on the network. This

Another Leading DEX Is Choosing the Order Book Mechanism

Source Node: https://beincrypto.com/another-leading-dex-is-choosing-the-order-book-mechanism/
Time Stamp: November 5, 2021 3:57 AM - Modified On: November 5, 2021 - Published By:
Source Cluster:
Republished By Plato

As the DeFi segment with the clearest application scenarios and the strongest demand, decentralized exchange (DEX) has always been attracting the most attention.Sponsored Sponsored It also embodies the greatest competitiveness as well as the strongest capital effect. Since its low and stable performance in the middle of last year, DEX’s total trading volume has grown rapidly, and the monthly figure peaked at $162.8 billion in May. Sponsored Sponsored Although it is still lagging behind the centralized exchange (CEX), its market size of hundreds of billions of dollars obviously can not

CoreStarter aims to revolutionize cryptocurrency projects fundraising

Source Node: https://ambcrypto.com/corestarter-aims-to-revolutionize-cryptocurrency-projects-fundraising/
Time Stamp: November 2, 2021 7:30 AM - Modified On: November 2, 2021 - Published By:
Source Cluster:
Republished By Plato

There’s no doubt that launchpads have altered the fundraising model for decentralized finance projects. Before the advent of crypto launchpads, entrepreneurs launched their projects by creating websites. This model didn’t quite turn out well because these projects were incapable of raising enough cash to kickstart operations. This is how cryptocurrency launchpads emerged. CoreStarter is the First-Ever cryptocurrency launchpad with a mission to break the barrier of rewarding high stakers and neglecting small investors. CoreStarter is a cross-chain fundraising platform built on Solana, with Ethereum, Binance, Cardano, and Polkadot blockchains to