Australian regulator says crypto assets are unregulated, and investors were “on their own”

The Australian financial market watchdog has announced that it was working with legislatures to create a crypto regulatory framework. However, the regulators stated that at the moment, cryptocurrencies were highly unregulated, and investors who interacted with these assets were “on their own.” The revelation comes as the market records major …

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Dogecoin and Shiba Inu enjoy increased popularity in the US

Shiba Inu and Dogecoin have made notable gains this year. The two meme coins currently rank as top cryptocurrencies in the market and are also listed on leading exchange platforms. The gains made by the two meme coins seem to have attracted the attention of American investors after they emerged …

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Ethereum losing its top spot in DeFi leadership

Ethereum is currently the blockchain leader in the decentralized finance (DeFi) sector. According to DeFi Llama, the total value locked on the Ethereum network sits at around $170.78 billion, significantly higher than the other networks. However, experts have stated that ETH might soon lose its top position because of the …

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Zcash Price at $206.60 after 10.8% gains – How to buy ZEC

The crypto market is currently facing a strong recession, with coins failing to make any significant gains. Bitcoin has retreated to trading at $57K, and other cons are reacting to this and dipping towards the red zone. However, some altcoins are making significant gains. One of these coins is Zcash. …

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US Navy to pilot blockchain-based project to improve medical supply lines

Consensus Networks uses the IoTeX blockchain to monitor the health of 700,000 U.S. Navy sailors and marines in real time. The United States military continues to explore blockchain technology to improve its processes. The U.S. Navy has signed a $1.5 million contract with Consensus Networks to develop a blockchain-enabled logistics …

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Ethereum’s Problems Are Slowing Down Its Leadership In DeFi: Opinion

Ethereum’s problems are slowing down its DeFi success and three experts explain why the DeFi team is moving to other blockchains as we are reading more in our latest Ethereum news today. The debate over the feasibility of using ETH as the leader in the crypto space is only heating …

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Ethereum ‘huge Cup & Handle pattern’ reaffirms $6.5K ETH price target

The bullish outlook appears as the ETH price decline stalls near its old Cup and Handle resistance level, now acting as support and thus raising the potential of a strong rebound ahead. Ethereum’s native asset Ether (ETH) may rebound by nearly 60% in the coming sessions as the bulls pin …

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Crypto can erode tax base, Russia’s tax boss says

The Russian State Duma approved a bill on crypto taxation in early 2021 but the bill has yet to move any further. The Russian Federal Taxation Service (FNS) is actively monitoring the cryptocurrency market to prevent tax evasion, FNS head Daniil Egorov said. Cryptocurrencies can potentially cause “significant erosion” to …

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DigitalArt4Climate announce competition winners at COP26

The 30 finalists and winners of the DigitalArt4Climate competition were announced at a COP26 press conference. A panel of thought leaders and blockchain visionaries from around the globe converged in Glasgow, Scotland on Nov. 11 for the United Nations Climate Change Conference (COP26) summit to announce the finalists and winners …

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$60K becomes resistance — 5 things to watch in Bitcoin this week

A headache for Bitcoin bulls is compounded by a raging U.S. dollar, as investors sit on the fence over which way the market will go. Bitcoin (BTC) begins a new week with a rare disappointment for its Q4 bull run — failing to crack previous support. After a promising weekend, …

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