MLM Network Zone

President Bukele revealed gas stations in El Salvador will begin selling each gallon of fuel at a $0.20 discount for those who pay using the Bitcoin Chivo wallet. bit.ly/3f7o14k http://dlvr.it/S8g6t9

An unexpected problem causes Bitfinex to temporarily shut down, with Bitcoin price action undoing gains in the process. from Cointelegraph.com News https://ift.tt/3urGOPB via IFTTT

Axie Infinity players can stake their AXS tokens with rewards to follow up soon. from Cointelegraph.com News https://ift.tt/3mt1SSn via IFTTT

The central bank of New Zealand has outlined the major benefits of CBDC designs based on blockchain technology. from Cointelegraph.com News https://ift.tt/2Y6JHJG via IFTTT

The national postal operator of Russia plans to implement a parcel tracking system that will rely on blockchain technology. The introduction of the new service is part of Russian Post’s digital transformation strategy and is expected to reduce the number of lost shipments. Blockchain-Based Tracking System to Help Russian Post Save Time and Resources In the context of efforts to develop its services and improve the efficiency of its logistics, Pochta Rossii , or Russian Post, is considering various options, including the implementation of blockchain technology, a representative of the company told Vedomosti. Quoting the postal operator’s Strategy for Digital Transformation, the business daily reported that the first pilots are expected in the coming years. Russian Post intends to introduce its blockchain-based tracking system as early as 2023. The new service will be market-oriented, Director of Digital Products Vladimir Urbansky noted. He further explained that Russian Post is pa...

Executives and experts from Google, Amazon, PayPal and ConsenSys will be assisting Britain’s central bank with its CBDC research. from Cointelegraph.com News https://ift.tt/3kRNrHz via IFTTT

The listed crypto options providers named by the CFTC include relatively unknown names such as Bitfxprofit, Star FX Pro, Smarter Signals and BinanceFx Trade. from Cointelegraph.com News https://ift.tt/2Y367uZ via IFTTT

Layer two aggregator Polygon has seen a 330% surge in active addresses over the past 3 months. from Cointelegraph.com News https://ift.tt/3m5SF1Y via IFTTT

Users will have the option to set crypto collectibles as their profile pic to impress everyone. from Cointelegraph.com News https://ift.tt/2YcNlBR via IFTTT

PRESS RELEASE. Singapore, September 30, 2021. Less than three weeks after releasing its first dApp EverOwn for Binance Smart Chain, EverRise is proud to announce they will launch EverBridge to both the Ethereum and Polygon blockchains on October 5th. With EverBridge, EverRise will make its revolutionary suite of dApps available to projects on both networks starting with EverOwn for Ethereum on October 5th, followed by EverOwn for Polygon on October 8th. This will expand the reach of EverRise’s security solutions and enable the $RISE token to be traded and utilized across all three networks. “This is an exciting time for us to expand the EverRise Ecosystem and also introduce improvements to our project. This bridge allows us to take the dApps and blockchain solutions we have been building and make them more accessible to all developers on the Binance Smart Chain, Polygon, and Ethereum networks,” said Suresh Maddineni, EverRise CEO and Founder. Keeping with the standard of being...

According to a report published by the Bank of International Settlements (BIS) and a group of central banks, digital currencies can lead to faster settlement and cheaper transfers. Moreover, the banking group leveraged a prototype that shows how money transfers can be done in seconds with very little processing fees. Inexpensive Transfers & Speed: Bank of International Settlements Report Says Digital Currencies Can Be More Effective During the second week of September, the head of the Bank of International Settlements (BIS) Innovation Hub, Benoît Cœuré, explained that central banks need to act quickly in order to develop central bank digital currencies. Cœuré stressed that a digital currency economy already exists and “CBDCs will take years to be rolled out.” Following Cœuré’s statements, BIS, alongside four central banks from the United Arab Emirates, Hong Kong, China, and Thailand, is embarking on a digital currency experiment. The banking group produced a prototype and publi...

Kraken has urged BATMTwo ATM owners and operators to change the admin QR code for their ATMs to avoid potential attacks. from Cointelegraph.com News https://ift.tt/3unbp0J via IFTTT

Bitcoin represents the next evolution of the American currency being tied to a system of energy storage. bit.ly/3f7o14k http://dlvr.it/S8d2dM

There are still a handful of Bitcoin nodes hanging on in China and OTC trading remains viable, but it may not be for long. from Cointelegraph.com News https://ift.tt/3kR1lde via IFTTT

Tesla CEO Elon Musk thinks governments should not try to regulate cryptocurrency. “I would say, do nothing,” he recommended. Musk believes that it is not possible to destroy crypto, but governments can “slow down its advancement.” Elon Musk Says Governments Should ‘Do Nothing’ and Leave Crypto Alone Tesla CEO Elon Musk discussed cryptocurrency and China on Tuesday at Code Conference in Beverly Hills, California. Responding to a question from New York Times columnist Kara Swisher about whether it is “the right thing” for governments to regulate and take control of cryptocurrency, and whether it is possible for them to do so, he said: It is not possible to, I think, destroy crypto but it is possible for governments to slow down its advancement. Musk was specifically asked what the U.S. government should do regarding cryptocurrency. The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, was on stage at the conference earlier and he called cryptocurrency th...

The Eternal Beings team stated on Discord that Lil Uzi Vert has only temporarily walked back from the NFT project to work on his new album. from Cointelegraph.com News https://ift.tt/3ijhsi0 via IFTTT

Perhaps the best way to denominate bitcoin is a separation that displays both BTC and sats. bit.ly/3f7o14k http://dlvr.it/S8chXT

The mayor of Miami, Florida, sees China’s cryptocurrency crackdown as “the turning point” that “creates an incredible opportunity for America.” He said: “Their loss is our gain and America can and will lead the future by providing a clean power home for bitcoin miners and all who are building on/with/for bitcoin.” Miami Mayor Sees US Benefiting From China’s Crypto Crackdown Miami Mayor Francis Suarez, who has been trying to build his city into a bitcoin hub , sees the crypto crackdown by the Chinese government as an opportunity for his city and the U.S. He told Bloomberg: The turning point is now. It creates an incredible opportunity for America. Suarez commented on China’s crackdown this week: “China banning bitcoin is a massive mistake with impacts that will be felt for generations. Their loss is our gain and America can and will lead the future by providing a clean power home for bitcoin miners and all who are building on/with/for bitcoin.” The mayor of Miami is not the onl...

While the long-term sentiment remains bullish, traders warn that BTC must hold the $41,000 support to avoid a sweep of the $38,000 level. from Cointelegraph.com News https://ift.tt/3m9Ijhy via IFTTT

Iranian authorities have conducted many raids on crypto miners in abandoned factories, homes, and small businesses — nothing quite as high profile as the country's largest stock exchange. from Cointelegraph.com News https://ift.tt/3F5tC80 via IFTTT

On Tuesday, Salvadoran president Nayib Bukele shared a video of a bitcoin mine operating adjacent to a volcano. Bukele discussed the volcano-powered bitcoin mining on June 9 when he talked about the “95MW of 100% clean, 0 emissions geothermal energy from our volcanos.” El Salvador’s Nayib Bukele Shares a Video of the ‘First Steps’ Behind the Volcano-Powered Bitcoin Mine Construction The president of El Salvador shared a video via the social media platform Twitter that said “First steps,” as the film shows ASIC bitcoin mining rigs being installed at a geothermal energy plant. The video shows containers that are emblazoned with the Salvadoran government logos and a large quantity of ASIC mining devices. The video has been viewed around 2 million times on Twitter, and Bukele’s video tweet has over 50K likes and over 12,000 retweets. First steps… 🌋 #Bitcoin 🇸🇻 pic.twitter.com/duhHvmEnym — Nayib Bukele 🇸🇻 (@nayibbukele) September 28, 2021 While many bitcoin proponents said ...

The prices of ASICs, computing components central to Bitcoin mining, have surged this year. But why? And where will they go next? bit.ly/3f7o14k http://dlvr.it/S8cJYt

A week-long pattern of daily lower highs suggests bulls will be unable to flip $43,000 to support and this could weigh on the fledgling recovery seen across many altcoins. from Cointelegraph.com News https://ift.tt/2ZCDplv via IFTTT

CELR soars to a new all-time high following the launch of its cross-chain bridge that allows traders to jump back and forth between various layer-1 and layer-2 platforms. from Cointelegraph.com News https://ift.tt/3m96hcS via IFTTT

"Litigation will expose this case for what it is: a clumsy attempt at a money grab, which recklessly harms the whole cryptocurrency ecosystem," said Tether. from Cointelegraph.com News https://ift.tt/3CY8QVT via IFTTT

Traders raised their bids for the decentralized exchange token, believing it would benefit from China's decision to classify all crypto transactions as "illegal." from Cointelegraph.com News https://ift.tt/2WpJhNZ via IFTTT

In search of ways to heal its travel industry, hurt by the pandemic, Thailand is now recognizing an opportunity to tap into a growing market of cryptocurrency holders. Fostering a “cryptourism atmosphere” is what the country’s tourism agency intends to do, including by minting a new token and facilitating bitcoin card payments. Tourism Board of Thailand Plans to Employ New Coin to Spur Demand From Crypto Market Pondering how to capitalize on the expanding global crypto user base, the Tourism Authority of Thailand (TAT) has pitched the idea of issuing its own utility token dubbed TAT Coin. The Bangkok Post revealed on Wednesday that the body wants to examine relevant regulations and the viability of such a project before embarking on the initiative. The state-run agency is now holding talks with the Stock Exchange of Thailand on the possible introduction of the token, the report details, quoting TAT governor Yuthasak Supasorn. TAT Coin would allow the transfer of travel vouchers in...

While financial institutions and on-ramps can be banned, the Bitcoin P2P network is immune. bit.ly/3f7o14k http://dlvr.it/S8bpwc

During an interview with at the invite-only Code Conference in Beverly Hills, Elon Musk said the government should steer clear of trying to regulate Bitcoin and cryptocurrency. bit.ly/3f7o14k http://dlvr.it/S8bH3c

According to reports from Nigeria, the official website for the Central Bank of Nigeria (CBN)’s e-naira digital currency is now up and running. The reports come just a few days before the start of the central bank digital currency (CBDC) rollout. E-Naira Similar to Physical Currency An analysis by regional news outlet This Day suggests that the website had recorded more than a million hits barely 24 hours after it went live. Such a reaction, according to the publication, points “to the level of interest in the proposed digital currency.” As explained on the website , the CBN’s e-naira is expected to serve as both a medium of exchange and a store of value. The digital currency will also “offer better payment prospects in retail transactions when compared to cash payments.” There are claims that the e-naira will accelerate financial inclusion, enhancing both local and international trade. On the other hand, the website reiterates the CBN’s claim that the e-naira will be similar to ...

The decentralized nature of cryptocurrencies may be a challenge for the Chinese government, Elon Musk suggested. from Cointelegraph.com News https://ift.tt/2XYrXQi via IFTTT

Alibaba, the Chinese e-commerce giant, has announced it will no longer allow the sale of cryptocurrency mining gear on its platform. The sales behemoth made this announcement yesterday via its official website. The move is a direct consequence of the latest ban the Chinese government has applied to cryptocurrency trading and mining. Other institutions and exchanges have also been affected. Alibaba Bans ASIC Miner Sales Alibaba, one of the biggest sales companies in China, has announced it intends to ban the sale of cryptocurrency miners and cryptocurrencies themselves on its platform. The company explained this is a consequence of several circulars and decisions taken by the People’s Bank of China, stating: Alibaba.com will prohibit the sale of virtual currency miners in addition to the prohibition against selling virtual currencies such as Bitcoin, Litecoin, BeaoCoin, QuarkCoin, and Ethereum. The company will terminate two of its product categories to apply this ban — Blockcha...

The fund tracks the performance of the 10 largest cryptocurrencies from SIX Swiss Exchange’s Crypto Market Index 10. from Cointelegraph.com News https://ift.tt/3unkPsZ via IFTTT

Emurgo, the financial arm of leading cryptocurrency project Cardano, has announced it will invest $100 million in the development of decentralized finance-based products for the ecosystem. The company will spin two subsidiaries for this task, with one being fully dedicated to incentivizing the creation of Africa-based startups that use the Cardano blockchain in the development of their products. Cardano to Push Ecosystem With $100 Million Emurgo, the financial arm of Cardano, is planning to kickstart the development of Cardano-related products by directing $100 million to two new investment vehicles. The subsidiaries will have different focuses, but will both contribute to widening the Cardano ecosystem. The first one, called Emurgo Ventures, will have the task of providing seed funding to interesting companies that involve Cardano in the development of their products. These products could include NFT platforms and decentralized finance (defi) platforms to take advantage of the ne...

The proposed TAT Coin will enable tourism operators to cash in on the popularity of cryptocurrencies. from Cointelegraph.com News https://ift.tt/3CRR071 via IFTTT

Yellow Card, an Africa-focused crypto exchange platform, recently announced a capital raise of $15 million from its Series A funding round. The capital raise, which is Yellow Card’s largest, was led by Valar Ventures, Third Prime, and Castle Island Ventures. Square, Coinbase Ventures, and Blockchain.com Ventures also participated in the round. Making Cryptocurrencies Accessible According to the exchange platform’s blog post , part of the funds raised will be used to “ramp up hiring and continue its expansion across the continent.” On the other hand, Chris Maurice, founder and CEO of Yellow Card, said he expects the latest capital raise to help the fintech realize its goal of making cryptocurrencies accessible to everyone. Maurice said: Our mission has always been to make cryptocurrency accessible anywhere and everywhere across the African continent. Now, we have the backing to make that a reality, alongside an amazing team of investors who share our vision. Prior to raising the ...

Texas Senator Ted Cruz is among a number of politicians and bankers that are opposed to the nomination of Saule Omarova. from Cointelegraph.com News https://ift.tt/2ZKDpQN via IFTTT

PRESS RELEASE. Torum is set to launch a pioneering social metaverse and socially integrated Avatar NFTs through a unique SocialFi platform. 29th September 2021, Kuala Lumpur, Malaysia — Torum SocialFi platform has announced that it will be launching a ‘Social Metaverse’ and the world’s first-ever social-integrated Avatar NFT, following a strategic investment from Huobi Ventures back in August 2021. Torum SocialFi Platform The conceptualization and creation of metaverses has been on the rise since the explosion of the NFT market, and Torum is leading the social side of this emerging industry with its Huobi-backed SocialFi platform and ecosystem. The Malaysian-based SocialFi platform has decided to take the lead and build a Social Metaverse within the crypto and blockchain industry. This evolution will kick off from the launch of the world’s first-ever social-integrated Avatar NFT. Meet your Metaverse Identity Powered by Binance Smart Chain , Torum is releasing 21 sets o...

The bank will concentrate efforts on building an institutional-grade facility to invest in crypto assets. from Cointelegraph.com News https://ift.tt/2WpWlTw via IFTTT

On September 28, reports stemming from social media and crypto-focused forums detailed that China has been blocking a number of cryptocurrency websites. The Twitter handle for 8btc News tweeted that the web portals coinmarketcap.com and coingecko.com have been blocked from mainland China. The ‘Great Firewall,’ as it is often called, has also blocked a number of other sites like tradingview.com as well. Specific Crypto Web Portals Are Currently Inaccessible in China One thing the world knows is that China likes to censor the internet and via the combination of legislative actions and technologies enforced by Beijing, the Great Firewall (GFW) exists in full force today. Through the forces deployed by the Cyberspace Administration of China (CAC), alongside the help of SIIO and the Golden Shield Project, many international web domains are inaccessible to Chinese residents. Mainland Chinese internet users cannot access websites like Wikipedia, Twitter, Facebook, Google, and a large quan...

Only Bitcoin successfully navigates the tricky issue of maintaining monetary energy over time. bit.ly/3f7o14k http://dlvr.it/S8YF7V

Bitcoin prices could reach $6 million per coin in forty years’ time, but the whales may eventually pull the plug. from Cointelegraph.com News https://ift.tt/3AQnpKz via IFTTT

Beepool, the fourth largest Ethereum mining pool will shut down operations following Beijing’s anti crypto posture. from Cointelegraph.com News https://ift.tt/2XRicDD via IFTTT

Dapper Labs will reportedly become the second-largest source of digital licensing revenue for the NFL Player’s Association as part of a deal to launch tokenized NFL collectibles. from Cointelegraph.com News https://ift.tt/3AV7TNt via IFTTT

Two U.S. senators have introduced a bipartisan bill aimed at improving the oversight of cryptocurrency. The bill requires the Treasury Secretary to submit a report to Congress on cryptocurrencies and their competitiveness globally, including how other countries are using and mining them as well as their impacts on supply chains. New Bill Introduced to Improve Oversight of Cryptocurrencies and Their Uses Globally Senator Maggie Hassan, a member of the Senate Homeland Security and Governmental Affairs Committee, and Senator Joni Ernst introduced legislation on cryptocurrency Monday. The bill states that its purpose is “To require the Secretary of the Treasury to submit to Congress a report on virtual currencies and global competitiveness.” The senators described that this bipartisan bill aims “to improve oversight of cryptocurrency,” including “mining operations in foreign countries.” Senator Hassan explained: The bill would require the Treasury Department to report to Congress o...

Philippe Bekhazi of XBTO Group discusses building a large, diversified Bitcoin company. bit.ly/3f7o14k http://dlvr.it/S8Xt2F