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Author: CryptoPress

genesis block - crypto company

Genesis Block detiene las operaciones por repercusiones de FTX

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El impacto del contagio de FTX continúa extendiéndose por todo el sector de las criptomonedas. Genesis Block, que alguna vez fue el proveedor de cajeros automáticos de Bitcoin más grande de Asia, es una de las empresas de la industria de las criptomonedas que sufrió la caída de FTX. Según un informe de Reuters, que fue recogido por otros medios de comunicación, la empresa notificó a sus clientes por correo electrónico que detendría su...

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genesis block - crypto company

Genesis Block to Halt Operations Amid Potential FTX Repercussions

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The FTX’s contagious impact continues to spread across the cryptocurrency sector. Genesis Block, once Asia’s biggest Bitcoin ATM provider, is one of the enterprises in the cryptocurrency industry suffering from the FTX crash. According to a Reuters report, which was picked up by other media outlets, the business notified its customers via email that it would stop its OTC trading facility on December 10. OTC trading, also known...

Crypto adoption, Crypto regulation, Cryptocurrencies, Exchanges, Front page, Main, News

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El Salvador wants one Bitcoin a day

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Recently, in response to the FTX problem, the president said that this exchange was antithetical to the essence of Bitcoin. A few hours ago, he revealed on Twitter a significant decision: beginning immediately, he will purchase one Bitcoin each day. Bitcoin (BTC) has seen a price decrease of 64.69 percent so far this year as a result of the cryptocurrency crisis, which has been triggered by a number of events, including the failure and...

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

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velodrome finance

Yield Farming Opportunity on Optimism – Earn up to 9.20% APY on stablecoins MAI and USDC — with Velodrome or Beefy Finance

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Optimism pool is currently offering an annual percentage yield of 8.50% on stablecoins with a low risk profile due to their similar peg. Yield Farming on Velodrome Supply $MAI and $USDC on Velodrome. You will obtain sAMM-USDC/MAI LPs, or pooled liquidity.  Stake the LP tokens into the gauge for yielding rewards in the platform’s governance token, $VELO. You can exchange half of the VELO token for USDC and the other half in MAI,...

Stablecoins, Staking, Yield farming

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Kevin O'Leary

Kevin O’Leary: Idiot managers always get wiped out and that’s okay

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Bitcoin is held mainly by individuals, some family offices, and some hedge funds, but in the context of what can be a nothingburger. Is Bitcoin a hedge against inflation? So far it has not worked despite the absence of regulation, as it is not being indexed. It may be a chicken and egg conundrum, and may be more valuable than gold. However, institutions are allowed to own gold, and they own up to five percent of allocations or ETFs that...

Bitcoin, Crypto adoption, Crypto regulation, Cryptocurrencies, Ethereum, People in crypto

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