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π When virtual cars cost more than real cars...ποΈ
π When virtual cars cost more than real cars...ποΈ
How's it going, Geckos? A new 'censored' mining pool has some Bitcoiners worried about the future associated with it. Blockchain analytics platform BlockSeer has launched a private beta version of a new Bitcoin (BTC) mining pool. The pool will censor transactions from blacklisted wallets using BlockSeer and Walletscore's labelling data. In addition, the pool requires all miners to pass Know-Your-Customer (KYC) protocols. In today's news, Ethereum had a bug, an NFT whale emerges, and the U.S IRS is looking for tax evaders. Read on! | | |
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| | | There are a few crypto investing apps on the market right now, but almost none of them provide the types of features that eToro does. Price charts, stats, news, and more; plus, you get access to 16 of the world's most popular cryptocurrencies. For everything you need to invest in crypto, go eToro.
Discover why millions use eToro to invest in crypto. Join.
75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | | | The month of October brings new surprises into the cryptosphere! As the DeFi hype slows down, Bitcoin rises to the occasion to continue its bullish run throughout the month as it has reached multi-year highs and beyond!
With so much happening in the crypto space, it can be hard to keep track of everything. That's where we come in with our October report to bring you up to speed on what you need to know! Download the full report here! | | Ethereum's Fork Bug The bulk of Ethereum's (ETH) DeFi ecosystem went dark after a latent bug in the code split the network's transaction history in two. The split resulted from a code change that was secretly inserted into a previous Go Ethereum (Geth) update. Some Ethereum node operators ignored the update because they were unaware it included a change to Ethereum's consensus design. A post-mortem by Geth indicates that the bug was intentionally triggered. CoinDesk | | NFTs Are Better Than Cars... Or at least a virtual race car NFT is, according to the pseudonymous 'Metakovan'. He is the chief financier behind Metapurse and made the purchase for the 'most expensive NFT' in 2019. The purchase was for the 'F1 Delta Time 1-1-1' crypto collectible and he cashed out over $110,000 for it which he was happy to do because it was a worthwhile investment to him. (Editor's Note: To be fair, it's cheaper than a real F1 car.) DeCrypt | | IRS On The Hunt The Tax Law office of David W. Klasing has issued a public warning that the U.S Internal Revenue Service is looking at Coinbase users. According to the firm, there has been an increase in IRS enforcement activity against Coinbase users who fail to comply with their tax and reporting requirements. They also warn that once an IRS investigation or audit is opened, it's too late to make amends. CoinTelegraph | | | Polkadot is kicking off the Hello World! By Polkadot competition on Gitcoin, offering DOT and KSM for completing up to 23 challenges ranging from beginner to advanced. Categories and Prizes In total, there are 23 different challenges over four categories: 7 Beginner, 3 Intermediate, 4 Advanced and 9 Ecosystem. Ecosystem challenges include our friends at Acala, Moonbeam, Phala, and Plasm. All challenges will come with extensive resources to guide you along the way. All the challenges have been capped at maximum 50 submissions, so move quickly to be in the first 50 valid submissions to get your payout. Prizes per challenge are as follows: We also have an extra prize for the first 50 people that manage to complete 18 or more challenges: 150 DOT! Register now!
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| | Crypto BubbleIt is a speculation in the cryptocurrencies and the price of cryptocurrencies would go extremely high before the bubble bursts. Cryptocurrencies had its first bubble in 2017 where there was an Initial Coin Offering (ICO) boom. It burst from its all time high (ATH) on 16 Dec 2017. 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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