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CryptoPage - CryptoPage Newsletter - Issue 114

Crypto Daily News - October 4, 2021
 

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ISSUE 114  October 4th 2021

 

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COMP Tanks 8% After Facing Second Exploit In Less Than a Week, Drains $21 Million

COMP, the native token of DeFi lending protocol Compound is down by another 8% today having faced its second exploit in less than a week’s time. This is a bit unfortunate for blue-chip DeFi platforms like Compound as it shakes the trust of investors. On the weekly chart, the COMP price is down by more than 15%.

coingape.com  Permalink

 

El Salvador introduces fuel subsidy of $0.20 per gallon to locals who pay in BTC

Salvadoran president Nayib Bukele has announced that local consumers can enjoy a $0.20 per gallon reduction in petrol prices when paying using the government-backed Bitcoin wallet, Chivo.

cointelegraph.com  Permalink

 

Russia, US in Top 3 for Crypto-Related Threats, Cybersecurity Report Unveils

Threats related to cryptocurrency have followed prices, decreasing significantly after the market slump in May, suggests a recent report released by a leading internet security firm. Detections fell by almost a quarter but Russia remains the most affected country, with the U.S. ranking in the top three as well.

bitcoin.com  Permalink

 

Virgin Galactic Chairman Chamath Palihapitiya Says Bitcoin Has Replaced Gold

Virgin Galactic’s chairman and CEO of Social Capital, Chamath Palihapitiya, says bitcoin has effectively replaced gold. Having predicted that the price of the cryptocurrency would hit $200,000, the executive said bitcoin’s “market cap is just going to grow.”

bitcoin.com  Permalink

 

DeFi needs a unique approach, ‘with different technology, we need different rules’

Over the last year, cryptocurrencies such as Bitcoin and Ethereum have become extremely popular with retail customers, reshaping how investors interact with financial instruments. A new generation of investors have welcomed investing as a tool for financial freedom and, with the rise of access to technology, crypto-markets provide a key step in democratising wealth.

ambcrypto.com  Permalink

 

Here’s the Biggest Risk to Bitcoin, According to Crypto Veteran Anthony Pompliano

Crypto veteran and Morgan Creek Digital co-founder Anthony Pompliano is naming what he thinks is the biggest risk to Bitcoin (BTC).

dailyhodl.com  Permalink

 

Is the state of Texas poised to become the next big crypto-destination

Texas, which is one of the biggest beneficiaries of the China mining ban, is set to host its largest Blockchain Summit on October 8. It is possibly the largest summit at the state level in the US.

ambcrypto.com  Permalink

 

Top 5 cryptocurrencies to watch this week

The sentiment in the crypto markets can change quickly as seen from the Crypto Fear and Greed Index, which has risen from levels of extreme fear on Sept. 30 to neutral today. The sentiment may improve further if Bitcoin (BTC) breaks out and sustains above the psychologically critical level at $50,000.

cointelegraph.com  Permalink

 

Dogecoin ($DOGE) as a Payment Method To Be Made Available to Millions of Consumers

Verifone (NYSE: PAY), one of the world’s leading payment solution providers, has announced “the extension of BitPay’s blockchain payment technology to enable consumer cryptocurrency payments on Verifone’s in-store and eCommerce Cloud Services platforms in the United States.”

cryptoglobe.com  Permalink

 

Brazil aims to tighten penalties for crypto-related financial crimes

Brazilian lawmakers are working to provide stricter regulations for cryptocurrency-related crimes, approving a set of new penalties for laundering money with crypto.

cointelegraph.com  Permalink

 
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CryptoPage Newsletter - Issue 113

Sunday, October 3, 2021

Crypto Daily News - October 3, 2021 View on the Web Archives ISSUE 113 October 3rd 2021 Crypto News After witnessing a 390% rally, OMG needs this to keep up its performance Right from Arbitrum to

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Crypto Daily News - October 2, 2021 View on the Web Archives ISSUE 112 October 2nd 2021 Crypto News Digital euro project adds Italian payments provider Nexi. Central banks across countries have plans

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