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๐Crypto Goes To Hollywood!๐ฌ
๐Crypto Goes To Hollywood!๐ฌ
How was your weekend, Geckos? Residents of Shenzhen stand a chance to win digital yuan thanks to a lottery by the local government. There will be a lottery in the Luoho district where winners will receive digital 'red packets' with 200 yuan worth of digital currency. Up to 50,000 residents stand a chance to win a total of 10 million yuan. Lottery winners will be notified on Sunday and sent a link to open a digital wallet on the official Digital Renminbi App in order to claim their prize. Economist Liao Qun believes that the giveaway will help increase usage of the digital currency, In today's news, Ledger passes the test, Kate Winslet stars in a crypto movie, and a16z starts school. Read on! | | |
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| | | eToro gives you everything you need to trade the world's top crypto with ease. Trusted globally by over 13M, our user-friendly platform provides investors of all experience levels with a powerful suite of features and analytics โ including a free virtual portfolio so you can practice trading before spending a single dollar. Level up your crypto game today. Download the app and get started. This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal. | | | It has been a crazy third quarter over here at CoinGecko! The DeFi space continues to heat up in the summer, continuously breaking records with new trends and innovations. Take a look at what we've had to say about yield farming, the NFT trend and so much more in our CoinGecko Q3 2020 Quarterly Cryptocurrency Report! Download the full report here! | | Ledger Tightens the Vault After suffering from a database leak several months ago, Ledger Vault has fixed the root of the problem and has the test results to prove it. Ledger Vault, which is known for providing a number of hardware wallet solutions, have obtained a successful System and Organization Controls, or SOC, Type 1 test conducted by Friedman LLP. The accounting firm analyzed the crypto company on various levels including disaster recovery, security, and other technical specifics. CoinTelegraph | | Never Let Goโฆ Unless it's a Ponzi scheme. Kate Winslet, who is known for her iconic role in Titanic, will star and produce Fake! (Editor's Note: This will win an Oscar.. calling it now.) The movie is based on the OneCoin Ponzi scheme according to an unpublished book by Jen McAdam and Douglas Thompson, and it will be written and directed by Scott Z. Burns. Founded by Ruja Ignatova in Bulgaria, OneCoin followed the typical structure of a multilevel marketing scheme with a crypto element. However, it wasn't backed by a blockchain or network and thus many victims lost money to it. CoinTelegraph | | It's Back to School! American venture capital firm, Andreessen Horowitz, has published "Crypto Startup School" which is a documentary showing some of the procedures needed to create a crypto-focused startup. The 30-minute documentary was also uploaded alongside 14 lectures. Crypto Startup School follows several students as they go through a new program for crypto entrepreneurs. The course aims to help participants learn about applications, opportunities, business models, funding, software development, and running a crypto operation. (Editor's Note: Perhaps a refreshing change from all the funny cat videos.) Bitcoin.com | | | Today, communities serve platforms. Tomorrow, platforms will serve communities. We're searching for tools and platforms that will serve creators as they look to bring and grow their communities on the open web. Seed Club Hackathon is a two-week hackathon for developers to build these tools for creators and their tokenized communities on Ethereum. Register now! |
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| | QR CodeA machine-readable label that shows information encoded into a graphical black-and-white pattern. For cryptocurrencies, it is often used to easily share wallet addresses with others. Decentralized Finance (DeFi) refers to the movement of building decentralized financial applications that have no central authority and is censorship free. DeFi applications cover many use cases and a few popular ones are stablecoins, lending/borrowing and trading (decentralized excanges). By removing the middleman in systems, DeFi applications are able to achieve a better rate of returns for its users, while lowering barrier of entry as the application does not discriminate or censor any particular party from joinLearn about other Crypto terms here | | | |
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