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Cuba Recognizes Cryptocurrencies | This Week in Crypto – Aug 30, 2021

Source Node: https://99bitcoins.com/bitcoin-news-summary-aug-30-2021/
Time Stamp: August 30, 2021 1:00 AM - Modified On: August 30, 2021 - Published By:
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 MicroStrategy buys more bitcoin, Cuba recognizes cryptocurrencies and free BTC for everybody in town…but which town? These stories and more this week in crypto. NASDAQ-listed business intelligence company MicroStrategy announced yet another substantial purchase of Bitcoin, this time worth nearly $200 million. The firm added 3,907 bitcoin to its stash, at an average price of just over $45000 per coin bringing its total holdings to nearly 109,000 bitcoins. Cuba will recognize and regulate cryptocurrencies citing “reasons of socio-economic interest.” The central bank will set new rules for how to

The A to Z on if and when Bitcoin can flip Apple

Source Node: https://ambcrypto.com/the-a-to-z-on-if-and-when-bitcoin-can-flip-apple/
Time Stamp: August 27, 2021 5:30 PM - Modified On: August 27, 2021 - Published By:
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For a long time, Bitcoin has been subjected to a lot of criticism, unnecessary skepticism, and scrutiny. Ranging from its use in illegal transactions to energy concerns and price volatility, the king coin has seen it all over the last decade. However, the crypto’s trajectory from a market cap of $1 million in 2011 to almost $1.1 trillion this year has placed it seventh on the list of the world’s biggest assets. In spite of all the FUDs and criticism, the fact remains that Bitcoin managed to reach $1 trillion

Turkey: This Dogecoin mining scam may have duped investors to the tune of $119M

Source Node: https://ambcrypto.com/turkey-this-dogecoin-mining-scam-may-have-duped-investors-to-the-tune-of-119m/
Time Stamp: August 27, 2021 3:30 PM - Modified On: August 27, 2021 - Published By:
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The crypto-community has long been plagued by scams and frauds. Especially since people have often come up with ingenious ways to rip users off their crypto-holdings. A recent example from Turkey is a case in point. According to Turkish media reports, a scam involving Dogecoin has allegedly amassed fraudsters $119 million in deposits. Local channel TV100 broke the news earlier this week, revealing that the fraudster, “Turgut V,” is now on the run with all the funds. Along with his 11 associates, “Turgut” apparently tricked about 1,500 Turkish citizens into

What is Star Atlas? (POLIS & ATLAS)

Source Node: https://www.asiacryptotoday.com/star-atlas/
Time Stamp: August 27, 2021 2:14 PM - Modified On: August 27, 2021 - Published By:
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Star Atlas held its IEO in FTX last January 26. This full guide talks about the inner workings of the Star Atlas platform. In the past year alone, we have witnessed an immense rise in blockchain-based gaming projects. The unique combination of gaming and traditional financing has become quite appealing to a community of blockchain enthusiasts. The introduction of titles like Yield Guild Games and Binamon has truly legitimized the decentralized gaming sector. Star Atlas and other gaming projects alike have shown the importance of non-fungible tokens (NFTs) for a

Crypto Hacker’s Data Vulnerable to FBI Through Palantir Glitch

Source Node: https://beincrypto.com/crypto-hackers-data-vulnerable-to-fbi-through-palantir-glitch/
Time Stamp: August 27, 2021 11:40 AM - Modified On: August 27, 2021 - Published By:
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A glitch in the Palantir system allegedly allowed the FBI  unauthorized access to data on a crypto hacker case from 2019. Sponsored Sponsored The Peter Thiel-founded AI company, Palantir faced unwelcomed news.  A new report claims the artificial intelligence giant faced a glitch in their secretive software program used by the FBI. Such a mishap allowed the FBI unauthorized access to private data for over a year.  Clients of this power intelligence software include the CIA, US immigration agency ICE, and the FBI among others. Sponsored Sponsored The accusation came from a

Tai Hing Announces 2021 Interim Results

Source Node: https://www.acnnewswire.com/press-release/english/69066/
Time Stamp: August 27, 2021 7:50 AM - Modified On: August 27, 2021 - Published By:
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HONG KONG, Aug 27, 2021 - (ACN Newswire) - Tai Hing Group Holdings Limited ("Tai Hing Group" or the "Group"; stock code: 6811), a multi-brand casual dining restaurant group with roots in Hong Kong and a network of more than 220 restaurants in Hong Kong, Mainland China, Macau, and Taiwan, has just announced its interim results for the six months ended 30 June 2021 ("1H2021" or the "Review Period").RESULTS HIGHLIGHTS-- Revenue increased by 16.4% to HK$1,532.7 million in 1H2021 (1H2020: HK$1,316.9 million) though both markets in Hong Kong and Mainland China still saw challenges

Lyra Plunges into Layer 2 Options Pool with Offering for Hedge Hungry Investors

Source Node: https://thedefiant.io/lyra-layer-2-options/?utm_source=rss&utm_medium=rss&utm_campaign=lyra-layer-2-options
Time Stamp: August 27, 2021 7:01 AM - Modified On: August 27, 2021 - Published By:
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With the market for Layer 1 tokens such as AVAX red hot this month, it would be easy to overlook a development on the Layer 2 side of the DeFi universe. Yet three days ago Lyra, a cryptocurrency options platform, released a new offering that will let investors trade on Layer 2, a catch-all term for applications that improve the scale and speed of blockchains tied to Ethereum.Launched on Optimism, a Layer 2 protocol, Lyra uses an automated market maker to help traders buy and sell calls and puts, which

48,000% Returns? Popping the Hood on NFT Mania

Source Node: https://thedefiant.io/nft-mania-data-prices/?utm_source=rss&utm_medium=rss&utm_campaign=nft-mania-data-prices
Time Stamp: August 27, 2021 6:17 AM - Modified On: August 27, 2021 - Published By:
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On-Chain Markets Update by Lucas Outumuro, IntoTheBlockNFT mania continues to grow, with new drops popping up everyday and Ethereum’s gas prices consistently back above triple digits. The recent wave into NFTs was further amplified by Visa’s acquisition of a CryptoPunk and Budweiser’s buy of the beer.eth domain. Prices of notable NFT collections such as CryptoPunks and Bored Ape Yacht club had already been climbing throughout the past month and accelerated this week amidst the institutional interest coming into the space. This has led to impressive growth in volumes trading at OpenSea

Bitcoin bullish cross on weekly chart paints $225K BTC price target if history repeats

Source Node: https://cointelegraph.com/news/bitcoin-bullish-cross-on-weekly-chart-paints-225k-btc-price-target-if-history-repeats
Time Stamp: August 23, 2021 10:21 AM - Modified On: August 23, 2021 - Published By:
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Bitcoin (BTC) is wowing the market by holding $50,000, but a bullish metric is pointing to much larger potential gains.Data from TradingView now clearly shows that the weekly moving average convergence/ divergence (MACD) indicator for BTC/USD has flipped from red to green.Time for another 5.5X BTC price surge?There is no shortage of bullish BTC price indicators this month, with everything from exchange balances to network fundamentals infirmly optimistic mode.MACD, which produced a rare crossover earlier in August, nonetheless adds the potential for upcoming gains to be an order of magnitude

Countries That Might Soon Allow Crypto Betting

Source Node: https://coinidol.com/countries-might-allow-crypto-betting/
Time Stamp: August 21, 2021 5:54 AM - Modified On: August 21, 2021 - Published By:
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Aug 21, 2021 at 09:54 // News In some countries, bitcoin is seen as a legal payment platform, whilst in others, there are regulations pertaining to how betting with cryptocurrency operates. Some other countries have chosen to be quiet on the issue and have not made any attempt in allowing or not allowing it. In countries where Bitcoin is not considered legal, you cannot fund your gambling wallet with cryptocurrency. Only very few countries have come out in the open to address cryptocurrency gambling. Some of the countries that have

Cardano v. other alts: This combination could fetch traders a higher RoI

Source Node: https://ambcrypto.com/cardano-v-other-alts-this-combination-could-fetch-traders-a-higher-roi/
Time Stamp: August 16, 2021 1:00 PM - Modified On: August 16, 2021 - Published By:
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Bitcoin has desperately been trying to climb above the $48k mark since 14 August, but has been unable to do so. In fact, the king coin was trading at $47.2k at the time of writing. Most of the market’s alts have also followed Bitcoin’s scepticism and managed to fetch only single-digit returns to their HODLers over the past day. However, a couple of alts from the top 35 list managed to fare better than the broader market. Terra’s (LUNA) value, for instance, has appreciated by 31.1% in the past 24-hours