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Telegram set to build crypto exchange in response to FTX collapse by Metazoa89 in CryptoCurrency

[–]Metazoa89[S] 2 points3 points  (0 children)

Telegram founder Pavel Durov:

“Telegram’s next step is to build a set of decentralized tools, including non-custodial wallets and decentralized exchanges for millions of people to securely trade and store cryptocurrencies. This way we can fix the wrongs caused by the excessive centralization, which let down hundreds of thousands of cryptocurrency users.”

“The solution is clear: blockchain-based projects should go back to their roots – decentralization. Cryptocurrency users should switch to trustless transactions and self-hosted wallets that don’t rely on any single third party.”

BitDAO launches modular Ethereum Layer 2 network Mantle by Metazoa89 in CryptoCurrency

[–]Metazoa89[S] 0 points1 point  (0 children)

Mantle is a modular Ethereum Layer 2 chain. Modular networks are a new way of designing blockchains and are different from the older monolithic chains, where all network functions happen on the base layer. On modular blockchains, there are separate layers for network consensus, transaction execution and settlement, as well as data availability. This type of design is said to create networks that are more efficient and have greater scalability.

EU Crypto, NFT Providers Must Report Tax Details Under Leaked EU Plan by Metazoa89 in CryptoCurrency

[–]Metazoa89[S] 3 points4 points  (0 children)

Crypto providers will have to report details of their EU clients’ transactions to national tax authorities within the bloc, under a bill set to be proposed by the European Commission next week.

The new law, inspired by international standards designed to curb crypto tax evasion, could also apply to stablecoins, derivatives and non-fungible tokens (NFTs), and force even non-EU based crypto providers to register within the bloc, the document reveals.

Why can't we have nice things?

Huobi announces launch of world's first national token, DMC by Metazoa89 in CryptoCurrency

[–]Metazoa89[S] 0 points1 point  (0 children)

I am still shocked at his shameless premium of his tokens on the FTX platform after other withdrawals were stopped.

Huobi announces launch of world's first national token, DMC by Metazoa89 in CryptoCurrency

[–]Metazoa89[S] 1 point2 points  (0 children)

TLDR:

As the world’s first national token, DMC will be issued on the Tron blockchain (TRC20) initially, then later expanded to both Ethereum (ERC20)and Binance Smart Chain (BEP20).

Furthermore, Huobi state that the DMC token will allow holders the opportunity to obtain passports issued by the Government of Dominica, enabling holders access to over 130 countries without a visa.

The DMC token “is granted a statutory status as an authorized crypto in the Commonwealth of Dominica and can be circulated locally in Dominica as a means of payment.”

DOTUP DOTDOWN delist by labeleng in CryptoCurrency

[–]Metazoa89 1 point2 points  (0 children)

If they are ERC20 tokens then you should be able to transfer them from one exchange to another or to your wallet.

MakerDAO is voting on increasing yield for the dai stablecoin by Metazoa89 in CryptoCurrency

[–]Metazoa89[S] 0 points1 point  (0 children)

TLDR:

The DAO members are voting on whether to increase the current yield rate of 0.01% to one of four rates — 1%, 0.75%, 0.5% and 0.25% — according to a proposal made by the MakerDAO Open Market Committee. 

Voters can also vote to keep the current yield of 0.01% or abstain from the proposal altogether. At the time of publication, 99.7% votes were in favor of raising the rate to 1%, though the outcome could change as more votes come in. The vote is expected to finish on Dec. 1.

Putin Calls for International Settlements Based on Blockchain and Digital Currencies by Reinke in CryptoCurrency

[–]Metazoa89 4 points5 points  (0 children)

He wants to build his own Bitcoin with blackjack and hookers – or the blood of ukrainians, I can't remember the quote sorry.