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Pyth Network Explains Why Bitcoin Flash-Crashed to $5,400 on September 20th

The entire market has been fairly uncertain throughout the past week, though one event stands out from the rest. On September 20th, Bitcoin’s price crashed to around $5,400 on Pyth Network oracle’s BTC/USD feed. Pyth is an oracle network based on Solana and it aims to bridge blockchains and real-world data. This is highly needed in the field of cryptocurrencies to provide relevancy, accuracy, and interoperability. However, on September 20th, between 12:21 and 12:23 UTC, the...

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Bust of BTC Creator Satoshi Nakamoto Unveiled in Budapest

Budapest – the capital of Hungary – has recently unveiled a new bronze bust of Satoshi Nakamoto, the alleged pseudonymous creator of bitcoin, the world’s number one digital currency by market cap. Satoshi Nakamoto Will Always Be Remembered For the most part, the bust is rather faceless and expressionless. This was done on purpose according to the statue’s designers Gergely Reka and Tamas Gilly. They mention on a website discussing the work: We do not know the gender,...

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Gluwa and Aella Announce Over 1 Million Transactions across Africa on Blockchain

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Crypto Companies in Australia Get Shunned By Banks

What occurred in India’s cryptocurrency space a few years ago is now at risk of also occurring in Australia. The country’s financial laws have failed to keep up and include cryptocurrency, and thus many startup ventures delving in blockchain and in digital currencies are now at risk of losing the money and support they receive from standard banks. Australia Is Having Trouble in Its Crypto Space India saw a situation like this occurring just a few years ago. Many news...

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Ripple Partners with Bhutan’s Central Bank to Pilot a CBDC

The Royal Monetary Authority (RMA) – Bhutan’s central bank – has joined forces with Ripple to launch a digital version of its national currency. The institution anticipates the initiative to boost the country’s financial inclusion by 85% in the next two years. Ripple and Bhutan Shook Hands The enterprise blockchain provider Ripple announced it would enable Bhutan’s central bank to employ its network to pilot a central bank digital currency: “Today, we are proud to announce...

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VelasPad Goes 133X and Collects $340,000 in Fees in Under 24h Following IDO

The recent launch of VelasPad (September 22) sent shockwaves throughout the crypto and blockchain industry. Not only is the launch itself a significant development for the industry – being the first launchpad built for the Velas blockchain specifically – but the VLXPAD token is popping off across the platforms supporting it. With over $340,0000 collected in fees after just day one, and the price rising to a staggering 133x above IDO levels, demand for VLXPAD is ramping...

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Crypto and Blockchain Startups Raise $19 Billion in 2021

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Tom Brady Wants to Get Part of His Salary in Bitcoin, Ethereum, and Solana

The legendary football player – Tom Brady – once again demonstrated his support towards the digital asset industry. He said he would “love” to receive some of his earnings in Bitcoin (BTC), Ethereum (ETH), or Solana (SOL) tokens. ‘The Digital Age Is Upon Us’ Tom Brady – the seven-time Super Bowl champion and arguably one of the greatest football players – is, by all means, a strong crypto proponent. During a recent interview with Jim Gray on the Let’s Go Sirius XM podcast, he...

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Soldex Secures VC Funding From CSP DAO

[PRESS RELEASE – Please Read Disclaimer] The rapid recent growth of the cryptocurrency space has enabled large players to enter the industry to provide assistance to emerging projects, whether financial or merely experience and advice. This has allowed numerous projects to take advantage of similar opportunities with the latest one being the Soldex team. The protocol, which aims to be a hybrid cryptocurrency exchange based on the popular Solana blockchain, has secured funding...

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Blockdaemon Blockchain Infrastructure Firm Raises $155M from SoftBank Vision Fund 2 in Series B Funding Round

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