Rare Crypto Faucet and DeFi Apps Launch on xDai Chain

PRESS RELEASE. Toronto, Ontario, Canada, March 19th 2021 – Affinity Design – Rarify Apps just launched a new deFi application only possible on layer 2 tech. After only a week since the claiming app debut, the price of Rare Coin soared well over 1000 USD on the Honeyswap DEX after the app garnered over 3 […]
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Lithuania Rakes in 6.4 Million Euros From Selling Seized Cryptocurrencies

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Lithuania’s tax authority has sold the cryptocurrencies it previously seized for 6.4 million euros (approximately $7.6 million). The three cryptocurrencies confiscated were bitcoin, ether, and monero. This was the first time the tax authority sold seized cryptocurrencies. Lithuania Sold Seized Cryptocurrencies The State Tax Inspectorate (STI) under the Ministry of Finance of the Republic of […]

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3 reasons Bitcoin abruptly dropped by 7.4% overnight

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The price of Bitcoin declined steeply overnight and three factors are likely behind the unexpected pullback. The price of Bitcoin (BTC) dropped sharply from $37,800 to $35,000 overnight, liquidating $572 million worth of cryptocurrency futures positions. There are three major reasons why the price of Bitcoin declined steeply in the past 12 hours. The reasons […]

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Institutional adoption underscores urgency of clear crypto rules, says Hester Peirce

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Regulatory clarity in the crypto industry is needed now more than ever, per one official. As institutions move into the cryptocurrency space, the need for clear rules regarding digital assets is critical, an official at the Securities and Exchange Commission said. SEC commissioner Hester Peirce believes that clear cryptocurrency rules are needed now more than […]

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