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Watch: Nym's CEO on Mainnet Launch, Privacy Trends, and More


Nym, a developer of a decentralized privacy infrastructure, has raised USD 13m in a Series A funding round, as the startup prepares to launch its mainnet in the coming months.... Read More: Watch: Nym's CEO on Mainnet Launch, Privacy Trends, and More

FMFW.io Has Listed Audited Asset-Based Stablecoin – EURST


PRESS RELEASE. EURST will be listed on fmfw.io starting November 17th. The Euro representative digital coin you can purchase with FMFW.io with BTC and ETH pairs. Introduction to EURST Stablecoins, which have arisen due to the digital world’s development, are secured with assets, thus...

Nearly 500,000 Nigerian CBDC Wallets Downloaded Since Launch


Nearly half a million e-naira wallets have been downloaded a few weeks after the central bank digital currency (CBDC) was officially launched by Nigerian President Muhammadu Buhari, the central bank has said. E-Naira’s Initial Trade Volumes In addition to the 488,000 wallets that have been...

Sovryn to Enable Greater Financial Inclusion with Bitcoin-Backed Stablecoins


The team at Sovryn, a Bitcoin native app for decentralized lending, notes that we’re currently in the middle of an unprecedented transition from a global economy relying on fiat and dominated by the USD to an economy based on BTC transactions.  This gradual transition, from the legacy system to...

Kyrgyzstan Shuts Down Cryptocurrency Farm With 2,500 Mining Rigs


Authorities in Kyrgyzstan have uncovered and shut down a large crypto mining farm in the north of the country. Law enforcement officials claim the illegal coin minting facility has inflicted “colossal damage” to the nation’s power grid and that they are still trying to estimate...

Slow Start for Third Bitcoin ETF, Lower Costs Could Attract More Capital


The latest bitcoin (BTC) futures exchange-traded fund (ETF) to be launched in the US – the VanEck Bitcoin Strategy ETF (XBTF) – has had a slow start compared to its two earlier competitors, ProShares’ BITO and Valkyrie’s BTF. But lower costs and a stronger brand should attract more capital over...

India To Define Crypto As Asset, Ban Payments, and Ads - Report


Amid a rising number of signs indicating that India’s government could adopt a more nuanced approach to cryptoassets, another report claims that the authorities are finalizing work on legislation that could pave the way for regulation of cryptoasset trading - while banning crypto’s use in payments...

Bitcoin and Ethereum Trying Recover, Hurdles Nearby


Bitcoin price found support near the USD 58,500 level. BTC started a recovery wave above the USD 60,000 resistance. It is currently (12:03 PM UTC) trading near USD 60,800, but there are many hurdles on the upside. Similarly, most major altcoins are attempting a recovery wave. ETH is inching...

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