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Self-Custody Is More Than a Feature – Dennis Jarvis, CEO of Bitcoin.com

Coins Legend June 16, 2022 0

While markets are going up, people get more comfortable putting their cryptoassets into trusted third parties such as centralized exchanges and centralized lending platforms that promise increasingly enticing returns. The good times never last, though. As markets peak and monetary policy

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Treasury Minister of El Salvador Dismisses Bitcoin Investment Losses, Calls Media Reports Biased

Coins Legend June 16, 2022 0

Alejandro Zelaya, the treasury minister of El Salvador, called out the critics of the investments that his country, through the action of President Nayib Bukele, has made in bitcoin. Zelaya stated that there had not been any losses because the bitcoin purchased — around 2,300 BTC — had not been sold. He also qualified the […]

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Billionaire Sam Zell: I’ve Stayed Away From Bitcoin at All Costs

Coins Legend June 16, 2022 0

The billionaire founder and chairman of Equity Group Investments, Sam Zell, says he is staying away from bitcoin at all costs. He explained that he does not understand the cryptocurrency and believes that a currency without the backing of a government is unlikely to work. Sam Zell Remains Skeptical of Bitcoin While a growing number […]

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Bill Gates: Crypto Is 100% Based on Greater Fool Theory — ‘I’m Not Involved in That’

Coins Legend June 16, 2022 0

Microsoft co-founder Bill Gates says crypto is an asset class that is 100% based on the Greater Fool Theory. The billionaire also mocked Bored Ape NFTs, stating: “Obviously, expensive digital images of monkeys are going to improve the world immensely.” Bill Gates on Crypto and NFTs Microsoft co-founder Bill Gates talked about cryptocurrency and non-fungible […]

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GAIMIN Launches the World’s First Interoperable, Cross-Game, Utility NFT – GAIMIN’s NFTxg

Coins Legend June 15, 2022 0

PRESS RELEASE. GAIMIN has solved a key issue for gamers – re-usable, purchased in-game assets that are not lost when a game closes or the gamer wants to play a different game. With GAIMIN’s world first NFTxg, a gamer can now securely invest in their gaming experience and retain ownership of a cross-game asset inventory. […]

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Microstrategy Debunks Margin Call Rumor — Says Bitcoin Liquidation Unnecessary Even if BTC Falls Below $3,562

Coins Legend June 15, 2022 0

The CEO of the Nasdaq-listed software company Microstrategy has debunked the rumor that his company is facing a margin call for a bitcoin-backed loan and will be forced to sell some coins. If the price of the cryptocurrency “falls below $3,562 the company could post some other collateral,” the executive explained. Microstrategy Hasn’t Received a […]

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Russia Developing Sandbox for Cross-border Crypto Payments

Coins Legend June 15, 2022 0

An institute facilitating Russian exports is now working on the establishment of a sandbox for international crypto payments, local media reported. The goal is to identify potential regulatory and technological challenges for settlements with digital assets. Russia Prepares to Test Crypto Payments for Exports in Dedicated Sandbox The Russian Export Center (REC), which is a

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Ternoa, First NFT-Centric Blockchain, Releases Mainnet Setting to Disrupt NFT Economy

Coins Legend June 15, 2022 0

PRESS RELEASE. Paris, France, 15 June 2022: Ternoa is a layer 1 open-source blockchain ecosystem that facilitates the adoption of utilitarian NFTs by giving developers full technological stack, access to independent infrastructure, nodes, developers’ community, and funding. The project is guided by principles of security and ownership, made possible with a combination of

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Report: Three Arrows Capital Liquidated for Millions, Sources Say Crypto Hedge Fund May Face Insolvency

Coins Legend June 15, 2022 0

According to “well-placed sources,” speaking with The Block reporter Frank Chaparro, the digital currency hedge fund known as Three Arrows Capital (3AC) may be facing insolvency after significant liquidations. Sources say that the 3AC “liquidation totaled at least $400 million” and the hedge fund’s founder Su Zhu tweeted about “communicating with relevant parties” Tuesday

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Tron’s USDD Remains Below the $1 Parity for 24 Hours, Token Hits a Low at $0.95 per Unit

Coins Legend June 15, 2022 0

Tron’s stablecoin USDD has remained below the $1 parity for well over 24 hours and around 3:00 a.m. (ET), USDD hit a low of $0.958 per unit. The Tron DAO Reserve has deployed more tron tokens and USDC to defend the peg and the DAO’s reserve web page shows the coin is overcollaterized by 314% […]