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Messages - Tnoy30

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#PROOF OF REGISTRATION
Forum username: Tnoy30
Forum profile link: https://www.altcoinstalks.com/index.php?action=profile;u=52969
Avatar : Y
Current amount of posts (including this one): 1431
Campaign: Signature
Rank: Legendary
BSC Address: 0x394f7E76C55e0c5BfdFb1AC4DC5565199de98c90
Telegram : @mtony30

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Huobi will celebrate another year around the sun by sending a lucky user to space. Huobi Group, a major global blockchain company behind the world’s third-largest cryptocurrency exchange by trading volume, is celebrating its eighth birthday in a somewhat unusual way.

The company will hold a series of events as part of its eighth-anniversary celebrations, including giveaway promotions and a space travel ticket, Huobi told to Cointelegraph on Wednesday.
Source: To the moon: Huobi wants to send someone to space for its 8th birthday


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China’s CBDC hit 62 billion yuan in total transactions processed, according to PBoC’s digital currency head. China’s trials with central bank digital currency (CBDC) show no signs of slowing down, as the updated numbers for October 2021 were revealed at Hong Kong Fintech Week.

Set out to replace cash in day-to-day transactions, the digital yuan (e-CNY) is gaining traction among individuals and corporates alike, according to the People’s Bank of China’s (PBoC) Digital Currency Institute head Mu Changchun. Speaking at the conference on Wednesday, Mu said the number of individual digital yuan accounts hit 140 million, while corporates created another 10 million accounts.
Source: Over 140 million people have digital yuan accounts, says PBoC head


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Exchange-traded products with exposure to cryptocurrencies are increasingly gaining ground. NYSE Arca, a subsidiary of the New York Stock Exchange (NYSE) Group, wants to list and operate a trust based on Bitcoin (BTC) exchange-traded products (ETP).

In a rule-change proposal with the United States Securities and Exchange Commission, NYSE Arca proposed to list shares of the Bitwise Bitcoin ETP Trust.

The proposal clarifies that each share of the trust will be represented by fixed “units of undivided beneficial ownership,” allowing the shares on the stock exchange to reciprocate their value in accordance with Bitcoin’s market price. NYSE Arca files with SEC to list Bitwise Bitcoin ETP Trust


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The two seek to improve their blockchains with each other's tech from cross-chain bridges to decentralized exchanges to oracle networks. AllianceBlock, a blockchain tech firm that seeks to bridge the gap between decentralized finance, or DeFi, and traditional finance, announced a partnership with fellow blockchain tech entity Flare.

Flare claims its layer-one, or blockchain protocol improvement, technology can bring smart contracts to cryptocurrencies such as Ripple (XRP), Dogecoin (DOGE), Bitcoin (BTC), Algorand (ALGO) and Stellar Lumens (XLM). In addition, Flare is also a decentralized oracle network that seeks to enable blockchains to access real-world data in smart contract execution.
Source: Blockchain tech firms AllianceBlock and Flare integrate technologies to expand t


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George Trosley’s racist drawings from his Hustler magazine days went unnoticed initially, but have since led to backlash. The Jungle Freaks nonfungible token (NFT) collection has lost roughly 80% of its trading value overnight after a series of racist cartoons drawn by one of its creators circulated on social media. The project is the brainchild of famed Hustler magazine cartoonist George Trosley and is curated by his son George III Trosley.

Many participants from the NFT sale expressed their dismay after Trosley's offensive illustrations came to light. Even Lord of the Rings actor Elijah Wood, who has recently taken a public interest in collecting various NFTs, responded, saying: “I was made aware of some of the artist’s disturbing prior cartoons.
Source: NFT collection's price takes a nosedive as creator's racist cartoons circulate


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The mayor said he would prefer to use an app like Bitwage or Strike rather than having the local government convert his fiat paycheck into crypto. Francis Suarez, who has served as the mayor of Miami since 2017, has said he’s going to take his next paycheck in Bitcoin.

In a Tuesday Twitter post, Suarez said he aimed to be the first United States lawmaker at the state or federal level to accept part of his salary in Bitcoin (BTC). Public records show the Miami mayor’s salary was $97,000 annually between 2016 and 2017, meaning he would receive a monthly paycheck of more than $8,000 or 0.13 BTC at a price of $63,404, assuming residents did not vote to increase his compensation for public service. Suarez said that he would prefer to use an app like Bitwage or Strike rather than have the local government go through the effort to convert his fiat paycheck into crypto.
Source: Miami mayor plans to accept next paycheck entirely in Bitcoin


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Analysts say ETH’s breakout to a new all-time high is just the beginning and one 2017-era fractal pattern targets a $14,000 Ethereum price in the near future. Crypto markets have hit the ground running right from the start of November and as of Nov. 2, a near uncountable number of tokens have rallied to swing highs as Ether (ETH) broke above the $4,500 level and Bitcoin (BTC) recaptured the $64,000 level. Polkadot (DOT) also hit another all-time high as investors accumulated tokens leading into the upcoming parachain auctions.

The climbing price of Ether comes following the recent Altair update to the Ethereum beacon chain as part of the protocol's transition to Eth2 and a proof-of-stake mechanism, which has also seen more than 8 million Ether removed from circulation and staked in the Eth2 contract.
Source: Analysts say ‘impulse move’ could send Ethereum price into the $6K to $14K range


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LCX, ILV, TOKE and at least 10 other altcoins hit new all-time highs alongside ETH today. During bull markets, altcoins tend to accrue gains when Bitcoin price consolidates and at they run in tandem with BTC price during breakouts. This dynamic appears to be at play today because multiple altcoins went parabolic at the same time that BTC made a run at $64,000 and Ether (ETH) hit a new all-time high above $4,500.

According to data from Messari, 31 tokens have established new record-highs in the past 24-hours and the total cryptocurrency market cap increased from $2.619 trillion to $2.732 trillion overnight.
Source: Illuvium, LCX and Tokemak hit new highs as Bitcoin dominance lingers


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The CBA stated that it will support 10 crypto assets in its banking app, including Bitcoin, Ether, Bitcoin Cash and Litecoin. The Commonwealth Bank of Australia (CBA) is set to launch crypto trading services for the 6.5 million users of its CommBank app.

The CBA will become the first bank in Australia to support crypto, and Blockchain Australia said it is “inevitable” that the other “big four” banks, including National Australia Bank (NAB), Australia and New Zealand Banking Group (ANZ) and Westpac, will soon follow suit.
Source: Commonwealth Bank to enable crypto trading for 6.5M Aussies, ‘other banks will follow’


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Investment bank strategists say that BTC could climb as high as $73,000 if markets remain frothy. American multinational investment bank JPMorgan has put a price on Bitcoin (BTC), and it is a lot less than the asset currently trades for.

In a report to investors as part of the bank’s inaugural outlook focused on alternative investments, strategists stated that alternative assets, which include cryptocurrencies, “should continue to outperform into 2022.”
Source: JPMorgan says BTC’s ‘fair price’ is $35K... but it still expects crypto to ‘outperform’


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The government will use the “surplus” from its Bitcoin Trust account that currently contains 1,120 BTC. The government of El Salvador is embarking on its next Bitcoin-related project which involves building schools using profits the nation has made on the asset.

Profits or the “surplus” from the state’s Bitcoin Trust account will be channeled into the construction of 20 schools according to President Nayib Bukele.
Source: El Salvador to build 20 'Bitcoin Schools' with surplus from Bitcoin Trust


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Once again, the question of whether digital assets constitute securities is under question. A Connecticut jury has found that digital assets linked to cryptocurrencies are not securities in what a defense lawyer called a world-first verdict.

GAW Miners investor Stuart Fraser was cleared of liability in a fraudulent operation co-opted by ZenMiner LLC on Monday.

“It’s the first case that we know of where a jury addressed whether cryptocurrency products were securities,” one of the defendant’s representatives, Daniel Weiner from Hughes Hubbard & Reed LLP, told Law360.
Source: Connecticut jury finds crypto-related products are not securities


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“The metaverse enables us to embed computing into the real world, and to embed the real world into computing. Bringing real presence to any digital space,” said Microsoft CEO Satya Nadella. United States tech giant Microsoft is taking the plunge into the metaverse via updates to its Teams and Xbox gaming console services, along with a new product called “Dynamics 365 Connected Spaces.”

Microsoft CEO Satya Nadella announced the firm’s metaverse plans for Teams and Spaces on Tuesday during the Microsoft Ignite conference.

“The Metaverse enables us to embed computing into the real world and to embed the real world into computing. Bringing real presence to any digital space. What’s most important is that we are able to bring our humanity with us, and choose how we want to experience this world,” Nadella said.
Source: Microsoft muscles into the metaverse with Teams updates and Xbox upgrades


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