Coinbase Lists New AI-Focused Altcoin

Coinbase, the popular cryptocurrency exchange, has added a new altcoin called Karrat (KARRAT) to its platform. Experimental Asset Coinbase has labeled KARRAT as an “experimental asset,” indicating that it is new or has low trading volume. Karrat Protocol Karrat is an AI-focused altcoin project that aims to bring Web3 technology to entertainment, gaming, and AI….

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Central Banks Embrace Digital Currencies: 98% Exploring CBDCs

The World Economic Forum (WEF) reports that over 98% of central banks worldwide are actively researching, experimenting with, or implementing central bank digital currencies (CBDCs). Wholesale CBDCs for Interbank Transactions The WEF highlights the potential of wholesale CBDCs (wCBDCs) to address challenges in interbank payments and securities transactions. WCBDCs, designed for large transactions between financial…

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Sustainable Bitcoin Mining: PayPal’s Reward System for “Green” Miners

Background PayPal’s Blockchain Research Group (BRG) has teamed up with Energy Web and DMG Blockchain Solutions to promote sustainable Bitcoin mining. Bitcoin Mining’s Environmental Impact Bitcoin’s Proof-of-Work (PoW) consensus mechanism consumes significant electricity, leading to carbon emissions. BRG estimates that Bitcoin mining emits over 85 million metric tons of carbon dioxide annually. PayPal’s Proposed Solution…

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Crypto Industry Challenges SEC’s ‘Dealer’ Rule

SEC Overreach and Unclear Rule The Blockchain Association and Crypto Freedom Alliance have filed a lawsuit against the SEC over its new “dealer” rule. They argue that the rule is vague and overly broad, failing to provide clear guidance for crypto market participants. Under the rule, developers of automated software and liquidity providers could be…

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Crypto.com Delays Korea Launch Due to Regulatory Concerns

Crypto.com, a popular crypto exchange, recently postponed its launch in South Korea, just days before it was scheduled to go live. Regulatory Hurdles The delay is due to the need for more discussions with South Korean regulators. Crypto.com wants to make sure its operations are fully compliant with the country’s anti-money laundering laws. Strategic Response…

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Dogecoin Sell-Off on the Horizon?

10 Billion DOGE Ready to Cash Out Dogecoin may be facing a potential sell-off that could drop its price. A large chunk of coins (10 billion DOGE) is about to become profitable. Crossing $0.17: A Double-Edged Sword When Dogecoin crossed $0.17, it triggered a profit zone for many investors who bought between $0.15 and $0.168….

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Altcoins Set for Major Surge, Analyst Predicts

A renowned crypto analyst, TechDev, has analyzed technical indicators and predicts a significant breakout for altcoins. Historic Pattern Repeating TechDev observes that the altcoin market cap structure is mirroring a bullish pattern seen in previous market cycles. The market cap, excluding the top 10 cryptocurrencies, is poised to repeat the breakout, retracement, and subsequent surge…

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