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The Cuba Bitcoin community hosted the country’s first-ever Bitcoin-only meetup in Havana over the weekend, attended by 60 crypto-curious Cubans. Cuba Bitcoin hosted the meetup at the Bitcoin-friendly bar and restaurant Pazillo. Cuba Bitcoin is a lively group of Bitcoin advocates and activists whose discussions on Telegram between anonymous social media accounts that hide people’s identities, had yet to make it into the real world. The Cuba Bitcoin community complete with emojis to hide faces. Cuba’s foray into Bitcoin signifies a departure from the centralized economic model that has shaped Cuba’s economic progress for decades. Despite limited internet access, financial constraints, and a socialist-styled government, the meetup underscored that Cubans are increasingly turning to crypto as a means of financial freedom and an “exit” from the local economy. Co-founder of Cuba Bitcoin, Forte11 (not his real name) told Cointelegraph: “The mission of the meetup is to educate–not convince...

A team of researchers proposed five “argumentative schemes” designed to protect the rights of crypto crime suspects while also helping investigators. A team of researchers from Friedrich-Alexander-Universität Erlangen-Nürnberg recently published a paper detailing methods investigators and court s can use to determine the validity of deanonymized data on the Bitcoin (BTC)  blockchain . The team’s preprint paper, “Argumentation Schemes for Blockchain Deanonymization,” lays out a blueprint for conducting, verifying and presenting investigations into crimes involving cryptocurrency transactions. While the paper focuses on the German and United States legal systems, the authors state that the findings should be generally applicable.  Bitcoin-related crime investigations revolve around the deanonymization of suspected criminals, a process made more challenging by blockchain s’ pseudonymous nature. Users conducting blockchain transactions are identified by wallets (unique software address...

BitFlyer Complies With Crypto Regulations On May 30, bitFlyer announced that it will limit crypto deposits and transfers effective from 5 pm — exclusively to crypto asset exchange companies that have adopted TRUST (Travel Rule Universal Solution Technology) — a system designed to adhere to the requirements of the travel rules. While crypto wallets such as MetaMask will remain unaffected, Coincheck emerges as the sole option for Crypto exchange providers capable of sending and depositing funds within Japan. advertisement Read More: Brazil President Proposes To Ditch US Dollar For Another Currency According to the information received, these restrictions are applicable to the 21 countries and territories that are obligated to provide information under the travel rules. However, this means that customers can still send and deposit crypto assets with exchanges based outside of these specific 21 countries. Restrictions Limited To Specific Crypto Ass...

CoinMarketCap, a leading crypto data aggregation platform, has published a list of the top gainers within 24 hours. They include Injective (INJ), PancakeSwap (CAKE), Mask Network (MASK), Lido DAO (LDO), and Quant (QNT). Let’s look closer at the coins that have made it to the top. Injective (INJ) At the time of writing, INJ traded at $7.42, marking a 24-hour gain of 13.35%. The overall rank of INJ among cryptocurrencies is 69th, and its market capitalization, $$593,799,683. In the past 24 hours, INJ accumulated a trading volume of $108,911,220, and the coins circulating supply was 80,005,555.33, representing 80.01% of its total supply. PancakeSwap (CAKE) With a general ranking of 98th and a price of $1.77, CAKE claimed the second top gainers’ position on CoinMarketCap in the past 24 hours. In this period, the DeFi coin gained 13.14% and boasted a market capitalization of $369,194,521. CAKE’s trading volume for the period under observation was $68,317,098. So fa...

May 28, 2023 at 09:17 // Price Author Coin Idol The price of Solana (SOL) is still falling below the moving average lines. Solana price long term forecast: bearish After falling to a low of $18, the altcoin took an upward correction on May 24. The 21-day line SMA is expected to reject the bullish momentum. At the time of writing, the price of Solana is $19.65. The altcoin will see a further price decline based on the given pricing. If Solana is rejected at the current high, selling pressure will increase on the downside. Solana made an upside correction d...

According to the latest reports, an anonymous hacker has seized control of the decentralized finance (DeFi) protocol, which helps customers conceal transactions, Tornado Cash, by exploiting a malicious governance proposal. Reportedly, the hacker has stolen over $1 million during the week he has control over the protocol. The previous week, the hacker gained complete control of the protocol, through a malevolent proposal; the attacker allegedly granted 1.2 million votes to the proposal. Though only 70,000 votes were legitimate, “the attacker simply used the emergency-stop function to update the proposal logic to grant themselves the fake votes”. Currently, surprising the community, the hacker has put forward a proposal to give the community complete control back, reverting everything to its original state. However, the intention behind the proposal is unclear; it’s still not clear whether the hacker would reimburse the losses of the customers. The Chinese reporter Collin Wu,...

Join Our Telegram channel to stay up to date on breaking news coverage The Polygon price prediction is likely to break above the channel as the coin moves to create additional gains. Polygon Prediction Statistics Data: Polygon price now – $0.92 Polygon market cap – $8.6 billion Polygon circulating supply – $9.2 billion Polygon total supply – $10 billion Polygon Coinmarketcap ranking – #9 MATIC/USD Market Key Levels: Resistance levels: $1.10, $1.12, $1.14 Support levels: $0.72, $0.62, $0.52 MATICUSD – Daily Chart MATIC/USD is refreshing to a new high currently trading at $0.92 with a bullish crossover above the 9-day and 21-day moving averages. On the other hand, the bears may likely set in if the market price slides below the moving averages but the bulls may collect more on the price dips. Polygon Price Prediction: MATIC Price Ready to Push Higher The Polygon price can continue with the uptrend if the current market movement cr...

The Ultimate Guide to Mining Ethereum in 2021: Can You Still Do It? Cryptocurrency mining has been a popular and lucrative venture for many individuals over the years, and Ethereum (ETH) has been one of the most popular crypto currencies to mine. However, with the recent transition to proof of stake, many people wonder if mining Ethereum is still viable. In this ultimate guide, we will explore the ins and outs of Ethereum mining , what the transition to proof of stake means for miners, and how to get started with mining Ethereum. Introduction to Ethereum Mining Ethereum mining is the process of verifying transactions on the Ethereum network and adding them to the blockchain. Miners are rewarded with a certain amount of Ethereum for each block they add to the blockchain. In the early days of Ethereum, mining was done using graphics cards, and it was relatively easy for anyone with a computer to mine Ethereum and earn a profit. What Made Mining Ethereum So Popular? One o...

The most popular meme currency in the crypto markets Dogecoin is barely moving in the indices in 2023. DOGE remains at the $0.07 level for nearly two months showing no signs of a recovery. The new meme token in town Pepe Coin ruffled feathers in the segment by rising spectacularly in the indices. A few Pepe Coin investors turned millionaires in less than three weeks of its launch and despite its price rise, Doge barely moved in the charts. Also Read: Shiba Inu Could Reach $10 by 2024? Here’s a Reality & Fantasy Check Source: Coingecko Dogecoin was the first to rally in the meme coin segment but the tables seem to have turned lately. When the spotlight turns on meme currencies, Dogecoin has a history of leading the charts putting other meme tokens behind. The recent development suggests that DOGE’s hype seems to have fizzled out and investors have mostly moved on from the build-up. Also Read: Pepe Coin: Man Makes $8 Million in 3 Weeks With a $251 Investment Dogeco...

In the ongoing legal dispute between the Securities and Exchange Commission (SEC) and Ripple, prominent attorney John E Deaton has raised compelling arguments against the SEC’s classification of digital assets as securities. Deaton asserts that labeling tokens as securities is intellectually lazy and constitutionally questionable, drawing attention to the evolving nature of digital assets in today’s cyberspace. Digital assets = lines of code existing in cyberspace. Its intellectually lazy and dishonest to call a token a security. It’s also unconstitutional. It’s the functional equivalent of calling an a security in 1947. Appellate courts will not agree with the SEC’s overreach. https://t.co/3diT2oDf8H — John E Deaton (@JohnEDeaton1) May 24, 2023 According to the attorney, digital assets are merely lines of code existing in the realm of cyberspace. Deaton believes that appellate courts will reject the SEC’s overreach and recognize the distinction be...

Nonfungible token marketplace NFTrade now supports cross-chain purchases on Ethereum, Polygon, Avalanche and BNB Chain. A new feature on nonfungible token marketplace NFTrade allows collectors to purchase items on one network while paying on a separate one. The feature was created through an integration with cross- chain messaging protocol Rarimo, according to a May 23 announcement. Get ready to buy NFTs with ANY crypto on any chain Want an NFT on Ethereum, but only have AVAX on Avalanche?@NFTradeOfficial's Rarimo integration makes it the FIRST-EVER marketplace to support multi-chain payments with ERC20 tokens pic.twitter.com/8cutBCtjQa — Rarimo (@Rarimo_protocol) May 23, 2023 The cross-chain purchases with NFTrade work on Ethereum, Polygon, Avalanche and BNB Chain. For example, if users want to buy an item on Avalanche, they can pay with a currency from any of the other three networks. The protocol will automatically swap the buyer’s tokens on the sending chain for the toke...

Treasury Seeks Delay In Payments With less than two weeks remaining before the looming deadline, the White House is urgently seeking avenues to buy more time for negotiations between President Biden and House Speaker Kevin McCarthy to raise the federal debt ceiling. In the early part of June, the federal government faces the possibility of missing a payment for the first time in modern history if additional borrowing, increased tax collection, or spending reductions are not implemented. advertisement Read More: Stocks And Crypto May Crash Within Weeks Of Debt-Ceiling Deal; Here’s Why According to reports, Treasury officials have reached out to counterparts in other federal agencies to inquire about the possibility of delaying payments due before early June. However, it is important to note that the Treasury has not requested federal agencies to postpone payments beyond their original due dates. Earlier last week, senior members of the Treasury Departme...