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Author: CryptoPress

Floki Completes Charitable School Project in Nigeria

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May 16th, 2022. One of the pillars of the Floki project is charity. Everything the Floki Team does is dedicated to improving the world, whether through developments in crypto and the metaverse or “IRL” charitable giving. To that end, the Floki Team is excited to announce that the school project in Nigeria has been completed.  This state-of-the-art school, which was commissioned on Wednesday, May 18th, 2022, will begin operating soon. The...

$FLOKI, Crypto Games, GameFi, News, Press release

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Zero-Knowledge Proof

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A zero-knowledge proof is a method of authenticating a transaction without revealing any information about the transaction, providing privacy for the transaction while maintaining its legitimacy. Zero-knowledge proofs were developed by MIT professor Shafi Goldwasser in 1987. They were used to construct an encryption scheme that allowed two parties to communicate over an insecure channel without revealing any information about their communication....

Glossary

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christine lagarde

Christine Lagarde thinks crypto assets are worthless but her son invests in crypto

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Christine Lagarde, president of the European Central Bank (ECB), has stated that crypto-assets should be regulated and are worthless but has admitted that her son is a crypto-investor. Speaking at an event, Lagarde said: “I am not a big fan of Bitcoin and other cryptocurrencies. I believe in the potential of blockchain technology and its ability to support financial inclusion and expand access to financial services for many people who...

Bitcoin, Crypto adoption, Cryptocurrencies, Front page, Main, News

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tether

Tether Announces Reduction In Commercial Paper Reserves

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Tether’s commercial paper holdings have been reduced by 17% as the company seeks to improve the quality of its reserves. In its Consolidated Reserves Report released Thursday, the company indicated that it had reduced its commercial paper holdings from USD $24.2 billion to USD $20 billion during the first quarter of 2021. As of March 31, the end of the first quarter, Tether’s reserves were USD $82 billion of which 86% consisted of...

$USDT, Altcoins, Cryptocurrencies, Front page, News

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mike novogratz crypto

Novogratz Talks About His Recent Losses In Cryptocurrency Markets

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Galaxy Digital CEO Michael Novogratz has decided to discuss his loss in cryptocurrency markets throughout the past couple of months. Galaxy Digital‘s Mike Novogratz has made himself a name in the cryptocurrency world since he started investing in digital assets in 2015. He is well-known for his bullish stance on Bitcoin and other cryptocurrencies, but he recently had some losses with his investments. Novogratz said that Galaxy Digital...

$UST, Bitcoin, Cryptocurrencies

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