Celsius Network Fully Pays Off Bitcoin Loan As User Funds Remain Locked

Indeed, Celsius, which has also faced concerns over the sustainability of its business due to liquidity pressures, has repaid the remaining $41.23 million of its loan on Maker in the Maker protocol’s stablecoin DAI on July 7, Defi Explore on-chain data shows. In response, Maker released 21,962.63 wrapped Bitcoins (WBTC), currently worth around $459 million, which Celsius pledged as collateral for the loan, effectively erasing the platform’s debt on MakerDAO....

January 29, 2023 · 2 min · 258 words · Elaine Mclain

Charles Hoskinson Reacts To Coindesk Purchase Backlash Exposing Media S Dirty Secret

Indeed, hitting back at a piece written by Protos’s Cas Piancey, titled ‘Opinion: Charles Hoskinson would be the worst thing to happen to CoinDesk,’ Hoskinson explained his intention to overhaul journalism by changing the incentive structure, in a video streamed on January 26. According to him, the main problem is that there is a lack of depth, peer review, accuracy, accountability, and consequences for lying over political or monetary reasons:...

January 29, 2023 · 2 min · 328 words · Lauren Batt

China S Gwm Unveils Its New Coupe Suv Haval H6S Finbold

Two days later, the HAVAL H6S made an appearance at the Chengdu Motor Show, and since then, the performance of the HAVAL H6S has received a lot of interest since it is an upgraded version of the HAVAL H6, which has long been China’s best-selling SUV. Based on the L.E.M.O.N. platform and Coffee Intelligence platform, GWM created the first coupe SUV for the HAVAL H6 series based on new client demands....

January 29, 2023 · 2 min · 371 words · Jeni Downing

China S Residents To Receive 15 Million In Digital Yuan As Part Of Government S Cbdc Giveaway

The government of Shenzhen’s Futian district has announced that 15 million yuan ($2.27 million) in digital RMB (e-CNY) would be distributed to local citizens on Friday, April 29, according to a report by the Global Times. In particular, a total of 130,000 red packets will be distributed through a lottery using Wechat payment. Using the red packets, consumers can spend them at nearly 5,000 stores in the district with no requirement to make a minimum purchase....

January 29, 2023 · 2 min · 283 words · Robert Jones

China Slaps Alibaba With Record 2 8 Billion Fine For Violating Antimonopoly Rules

The State Administration for Market Regulation (SAMR) revealed on Saturday that it imposed the fine against the world’s largest e-commerce company for violating the country’s anti-monopoly rules. It claims that the business empire founded by billionaire Jack Ma punished merchants who sold goods in other e-commerce platforms other than Alibaba. It said that since 2015, the Hangzhou-based company has been abusing its dominant market position by forcing online merchants to “pick one from two....

January 29, 2023 · 2 min · 236 words · Marie Pyle

Cme Group Launches Micro Bitcoin Futures Targeting Institutions Finbold

In a press statement, CME said the new product has emerged from a consistent growth of liquidity and participation in the current futures options. The settlement of the futures is cash-based on the CME CF Bitcoin Reference Rate. With the product, CME seeks to address the challenge of the high cost of investing in cryptocurrencies and provide a regulated environment to participate in the digital assets sector. CME notes that the Bitcoin Micro futures contract is one-tenth the size of one bitcoin targeting institutions and active traders....

January 29, 2023 · 2 min · 244 words · Susan Covington

Coinbase To Launch Direct Crypto Or Usd Paycheck Deposits For U S Customers

In a blog post published on September 27, Coinbase indicated the feature that will be available in the coming weeks would allow customers to make direct deposits for any percentage of their paycheck. As per Coinbase: The exchange states that users could also hold their money in fiat or instantly transfer it into preferred cryptocurrencies like Bitcoin at zero cost. The funds can also be used for crypto rewards or spending on the Coinbase card....

January 29, 2023 · 2 min · 236 words · Sandra Anderson

Crypto Bull S Michael Novogratz Firm Acquires Two Digital Asset Trading Platforms

Galaxy Digital, owned by cryptocurrency bull Michael Novogratz offers trading, asset management, and investment banking services. According to Galaxy Digital, the acquisition is preparing to meet a bigger wave of institutional demand for bitcoin. DrawBridge is a Chicago based company that provides commercial and individual loans on secured bitcoin held at a qualified custodian. On the other hand, Blue Fire Capital, also based in Chicago, offers investment brokerage and trading services focusing on crypto assets....

January 29, 2023 · 2 min · 259 words · Valerie Kennedy

Demand For Money Apps Surges Amid Environmental Fears And Brexit Changes

deVere Group reports that enquiries for Vault, its global money app and card service, has experienced a jump in enquiries of 67% in Q3 2020, according to the information shared with Finbold. Nigel Green, CEO and founder of deVere Group, which launched Vault in 2017, underlined that the monumental quarter-on-quarter surge for banking-style apps is attributable to two main drivers: He continues: “The other major point driving engagement with e-money apps in Europe specifically is that many of the UK’s banks are set to abandon their customers, by closing their accounts and stopping use of their services across Europe within weeks unless they have a valid UK address....

January 29, 2023 · 2 min · 230 words · Brandon Crimi

Displaying A Gif During Iframe Loading Using Vanilla Javascript

There are many ways to accomplish this. In this tutorial, we are going to look at one of the ways to do this using vanilla JavaScript. This tutorial simply covers how to display an animated image while loading the iframe content. Demo In the code below we have included the HTML, CSS, and JavaScript in the same page. Of course, in practice, we would separate the CSS into its own style sheet as well as moving the JavaScript to its own external file....

January 29, 2023 · 1 min · 145 words · Sergio Vang

Does Snapchat Notify When You Screen Record A Story

Now, let’s see what we can do to save ourselves from getting caught. Because we still want to screen record it even if Snapchat is keeping an eye on us. And we will. Just without letting them know! Let’s find out how. Can I Screen Record on Snapchat Without Letting Them Know? The answer is yes, you can. Snapchat sends a quick notification to the user when it catches you screenshotting or screen-recording anything....

January 29, 2023 · 2 min · 425 words · Spencer Prucha

Dogecoin Holders Among Least Stressed Amid Current Market Crisis Study Finds

It has emerged that investors in the meme cryptocurrency Dogecoin (DOGE) are among the least stressed amid the ongoing market downturn, with a ‘stressful tweet’ score of 19.83% ranked 28 out of the top 33, according to a study by crypto education-centered platform Coin Kickoff published on November 17. To determine the most stressed crypto investors, the research analyzed geotagged tweets for the hashtags of the 50 most popular cryptocurrencies by market capitalization....

January 29, 2023 · 2 min · 403 words · Bruce Holland

Dwac Stock Price Prediction For December 31 2022 Digital World Acquisition Corp

The marginal gain came after investors responded negatively to the current election results in the United States, which weighed on Digital World Acquisition shares. DWAC’s stock price as a special purpose acquisition corporation (SPAC) attempting to merge with Trump Media & Technology Group, owner of the TRUTH Social app, has fluctuated per the ex-President’s controversies. Notably, while speaking at two separate campaign events over the weekend, Trump gave strong hints that he will seek reelection in 2024....

January 29, 2023 · 3 min · 506 words · William Kasten

Ethereum S Exchange Traded Products Volume Surpasses Bitcoin For The First Time

A report from CoinShares indicates that on May 19, 2021, the volume was $490 million, where ethereum investment products accounted for $312M or 63%. The remaining $179 million or 37 % share represents bitcoin’s, litecoin’s, and XRP’s investment products cumulative trading volume. Additionally, CoinShares notes that the record volume emerged on a day marked with high market volatility. The firm, which runs two ETP platforms, XBT Provider and CoinShares Physical, adds that for the first time, bitcoin investment products are registering an outflow of capital contrary to ethereum....

January 29, 2023 · 2 min · 214 words · Joseph Restivo

Eu Countries Hit With Over 30 Million In Gdpr Fines In Q1 2021 Finbold

Data acquired and calculated by Finbold indicates that as of Q1 2021, EU countries were fined €33.61 million in GDPR fines for various violations. Spain was the hardest-hit country, with regulators imposing €15.7 million in fines from a total of 34 cases. Germany ranks second with fines amounting to €10.7 million from just three cases. Interestingly, the two countries accounted for 78.53% of the total fines. Elsewhere, January recorded the highest number of fines at €17....

January 29, 2023 · 3 min · 551 words · Teri Bird

Eu Parliament Votes Against Ban On Proof Of Work Mechanism Underlying Cryptos Like Bitcoin

However, on Monday, March 14, the European Parliament Committee on Economic and Monetary affairs decided to vote against the ban on Proof-of-Work mechanisms underlying popular cryptocurrencies like Bitcoin and Ethereum. Indeed, the provision that could have forced PoW cryptocurrencies to shift to more environmentally friendly mechanisms failed to get the votes required in the parliament. It’s important to note that Proof-of-Work is distinct from Proof-of-Stake. In the case of cryptocurrencies like as Bitcoin and Ethereum, PoW is the consensus mechanism underlying the digital assets that require a lot of energy to operate....

January 29, 2023 · 2 min · 362 words · Irene Riddle

Evolution Mining Acquires Glencore S Copper Gold Mine For 730 Million

In a press statement, Glencore indicated that it will receive A$1 billion that entails A$800 million at the close of the translation and while the additional A$200 million will be paid in 12 months after the transaction closes in January 2022. The deal follows five years of partnership between Evolution and Glencore. Evolution was already involved in Ernest Henry after buying rights to 100% of the gold produced at the mine and 30% of the copper in 2016....

January 29, 2023 · 1 min · 187 words · Maria Hocking

Ex Sec Official Regulators Delayed Gemini Earn Action Despite Knowing About It For Over A Year

Indeed, the former SEC enforcement chief Lisa Braganca is perplexed by the fact that the agency had been investigating Gemini’s crypto-lending product for a long time yet allowed the suspicious operation to continue, as she told CNBC’s ‘Squawk Box’ host Andrew Sorkin in an interview streamed on January 13. SEC knew about Gemini Earn ‘for a long time’ According to Braganca: As she further explained, the SEC’s inaction amid talks with Gemini continued even as the crypto crash happened in November and Gemini stopped paying its customers, and “two more months went by,” until a Gemini answer in a separate case – a class action against Gemini for failure to continue payments under the Gemini Earn product – initiated action....

January 29, 2023 · 2 min · 306 words · Laura Pressly

Exclusive Learnoverse Ceo Says Traditional Finance Won T Exist Without Cryptocurrency

During the interview, Stasiulis also explored the importance of integrating blockchain and cryptocurrencies in the formal education curriculum and how adoption will be impacted in the future. BitDegree’s cryptocurrency-related eLearning platform went live in April 2018. Since then, how have consumers’ desire to learn changed? “Today, when we talk about crypto and blockchain, we still assume it is in the early adoption phase, despite the massive growth that we have seen recently....

January 29, 2023 · 9 min · 1783 words · William Winter

Expert Traders Believe Bitcoin Bull Run S Second Leg Has Started Finbold

Interestingly, the pseudonymous Dutch crypto trading analyst Plan B, whose stock-2-flow price prediction model estimates that Bitcoin will reach six figures by the end of 2021, stated on October 26 on Twitter, “Bitcoin bull market, 2nd leg has started.” Similarly, certified technical analyst CryptoBirb agreed with his counterpart and urged his followers to close their Bitcoin short positions before it was too late. According to the analyst in his most recent Bitcoin and market update: He added: Bitcoin price Although the cryptocurrency’s famous volatility implies that it will face a large drop at some point, this is not an inevitable conclusion....

January 29, 2023 · 2 min · 269 words · Earl Ison