What Happens When All 21 Million Bitcoin are Mined? - Nasdaq

Bitcoin miners earn revenue through two ways, newly minted Bitcoin from “block rewards” and from transaction fees of the users who transact on the ...

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Paypal, bitcoin, and the weaponisation of money - MoneyWeek

Recent events have shown how both business and governments can “weaponise” money and shut down dissent. What to do? Buy bitcoin, says Dominic ...

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Daily Discussion, September 23, 2022

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Submitted September 23, 2022 at 12:05AM by rBitcoinMod https://ift.tt/kGKy18n https://ift.tt/LAWhsRq

Daily Discussion, September 22, 2022

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Submitted September 22, 2022 at 12:03AM by rBitcoinMod https://ift.tt/fhZ0z2R https://ift.tt/P2UaXN6

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Bitcoin, ether drop as Fed move hits crypto - Los Angeles Times

Bitcoin fell as much as 4% after the Fed's interest rate hike. (Proxima Studio - stock.adobe.com). By Sunil Jagtiani. Bloomberg.

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Don't believe the 'maximalists': bitcoin can't be separated from crypto | Financial Times

Maximalists also say that bitcoin's incentive mechanism, the energy-intensive “proof of work” mining process that rival Ethereum just last week moved ...

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Can Bitcoin's struggles and volatility of Q3 overshadow BTC's Q4 performance - AMBCrypto

The third quarter (Q3) of 2022 has been one filled with intense scrutiny of crypto assets with Bitcoin [BTC] at the heart of it.

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Bitcoin Designathon 2022

Let's get creative with Bitcoin. October 12 to 23.

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World's Largest ASIC Producer Bitmain Slashes Antminer Bitcoin Mining Rig Prices

The world's largest ASIC bitcoin mining rig producer, Bitmain, revealed the company is offering a discount on Antminer S19 Pro mining rigs.

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Web3 Game Platform Iskra Raises $40M, Partners with Gate․io for Token Generation Event

PRESS RELEASE. Iskra, a web3 community game platform that raised $40M from Korean tech giants Krust, Wemade, Netmarble, LINE Studio and others, plans to hold its first Token Generation Event (TGE) on global exchange Gate.io. The TGE is scheduled for Thursday, September 29, 2022, at 9:00 am UTC.

This TGE is one of the project’s significant milestones, and is proud to partner with an exchange like Gate.io to establish its ISK token value and provide access globally. Despite challenging market conditions, Iskra continues to progress with its development milestones and launch major components of its platform.

As part of the Gate.io Startup program, eligible users can receive up to 500,000 ISK Tokens by staking USDT starting September 28, 2022, at 6:00 am UTC for the next 24 hours. Users can find more details on the Gate.io website (https://www.gate.io/startup).

Iskra CEO Eugene Lee commented, “We are fortunate to work with and launch with one of the top 10 trading exchanges in the world”. Gate.io has over 10 million users in over 224 countries with a daily trading volume of $12B+.

About Iskra

Iskra ( https://www.iskra.world ) is the Future of Play. The Company is backed by some of Korea’s most prominent technology and game companies. ISKRA’s community-forward system aligns the community’s interests by rewarding its stakeholders based on their participation while integrating sustainable tokenomic solutions for game developers that join its platform. In addition, the Company seeks to bridge the gap in web3 adoption between early adopters and the mainstream by combining enjoyment, sustainability and the latest in blockchain technology.

About Gate.IO

Established in 2013, Gate.io (https://www.gate.io) is one of the oldest, leading cryptocurrency exchanges with over 10 million users worldwide, offering services including digital assets trade, decentralized finance, research and analytics, venture capital investing, labs, and more. Verified by the Blockchain Transparency Institute (BTI), it has been consistently ranked among the top 10 cryptocurrency exchanges based on liquidity and trading volume on CoinGecko. Additionally, Gate.io is listed in the Best Crypto Exchanges for 2021 with a rating of 4.5 by Forbes Advisor.

 

 

 

 

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This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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Daily Discussion, September 22, 2022

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Submitted September 22, 2022 at 12:03AM by rBitcoinMod https://www.reddit.com/r/Bitcoin/comments/xks1jr/daily_discussion_september_22_2022/?utm_source=ifttt https://ift.tt/P2UaXN6

Bitcoin Price and Ethereum Struggle Into Bottom of Resistance Zone, XRP Outperforms

Bitcoin price is struggling to clear the $19620 resistance zone. XRP is again rising towards the $0.40 resistance. APE and XLM are up over 8%.

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AMA with MEXC - We also bring $MX airdrops for the participants!

Hello, r/cryptocurrency!We are MEXC, one of the major cryptocurrency exchanges in the world.Thank you for having us today!

AMA

We will be here answering questions from 1pm to 3pm UTC with u/mexc-global. Please feel free to submit your questions in advance. We'll try our best to answer as many of them as possible.

In addition to the AMA, we also bring $625 MX airdrops for the participants!

🎁 **Gleam campaign：**10 ppl will be randomly selected from those who have finished the gleam tasks to get a $10 $MX. (Gleam: https://gleam.io/PLTFt/mexc-x-cryptocurrency-ama-airdrop1 )

🎁 **Meme competition：**Create a MEXC&CryptoCurrency related meme and share it under this post. 5 memes will be selected and the users will be rewarded with $15 MX.

🎁 **Good questions：**30 good questions will be selected and the users will be rewarded with $15 MX。We will announce the winners of the Meme competition and the Good questions at the end of the AMA

Also, don't miss our **$6000 MX airdrop!**How to participate: https://www.mexc.com/landings/CryptoCurrency?handleDefaultLocale=keep

​

About MEXC

Established in April 2018, MEXC Global is a digital asset trading platform with over 7 million users, which offers users one-stop services including spot, margin, leveraged ETFs, derivatives trading, and staking services. MEXC Global believes in “User first, service foremost”, and creates a community where users can access and trade the latest best-in-class digital asset across the world. Compared with other exchanges, MEXC pays more attention to the following aspects.

1. User needs are always at the core, and the platform is growing in a user-driven way. On the one hand, MEXC always insists on finding high-quality assets to meet user needs for high-quality cryptocurrency asset trades. On the other hand, MEXC has a good community culture and insists on listening to user feedback and improving continuously. Up to now, many executives of the company and even our founders have gone to the community every day to answer various questions from users.
2. MEXC has keen market insight and agile action and provides one-stop trading and services for spot, futures, margin, ETF, and NFT Index. It is currently the platform with the most spot tradable categories and the fastest launch speed for new projects on the Internet. Adhering to the concept of "user first," it serves more than 7 million users around the world.At present, the platform supports the trading of more than 1,400 cryptocurrency spots, more than 120 cryptocurrency futures, and more than 300 cryptocurrency ETFs. The projects listed cover public chains, cross-chains, L2, DeFi, NFT, GameFi, DAO, and all other sectors, and MEXC has been named the first stop for potential high-quality projects by users. In 2021, among the top ten best-performing tokens in the world, MEXC first listed five of them. Among them, SHIB, GALA, FTM, SOL, and MANA gained by 106,363,536%, 47,854%, 18,488%, and 16,955% after being listed on MEXC.
3. MEXC is a platform that insists on independent research and development with high security. Our core team comes from a profound traditional financial background, so MEXC offers multiple products such as spot, futures, margin, and ETF with professional financial product logic and technical security. The liquidity of its perpetual futures has reached first place on the Internet. Its trading system is safe and stable, with high performance. It adopts a multi-layer and multi-cluster architecture, and the matching technology can process 1.4 million orders per second. The price is reasonable, the depth is better, and the tier distribution is even. MEXC's trading system can run smoothly under extreme market conditions and avoid accidental liquidation.

For more information, please visit our website and blog. Follow MEXC Global on Twitter and Telegram.

Submitted September 20, 2022 at 11:01PM by mexc-global https://ift.tt/W15EmB9 https://ift.tt/3xjQvl5

Binance to Open Two Offices in Brazil, Company Hints at Debit Card Launch

Binance, one of the biggest crypto exchanges by volume traded, has announced its expansion plans for Brazil. The exchange will open two new offices in the country to host 150 employees, who will be able to choose if they want to work in-office or remotely. The company also hinted at the launch of a debit card in the future.

Binance Expands Team Facilities in Brazil

Latam countries like Brazil are becoming more and more important for cryptocurrency exchanges all over the world, due to the boom that crypto is experiencing in the region. Leading cryptocurrency exchange Binance has recently announced it will open two new offices in the country. However, according to reports, employees will have the choice of working in these offices or completing their tasks remotely.

The two new offices, which will be located in Rio de Janeiro and Sao Paolo, will reportedly be shared co-working spaces, with the function of supporting the growing number of Binance employees in Brazil. While at the beginning of this year the company had only 60 employees there, this number has more than doubled, reaching a headcount of 150.

Compliance Moves and Debit Card Launch

While Binance has been affected by compliance issues with local laws in several countries before, the exchange is currently making efforts to achieve compliance in Brazil. In this sense, the company announced the purchase of Sim;paul Investimentos in March to become a regulated payment institution in Brazil, an operation that is still under analysis by the central bank.

About this move, Matthew Shroder, global vice president and regional director at Binance, stated:

We are being proactive to ensure that even before the new regulations go into effect, we meet the prerequisites to operate as a crypto exchange.

The Brazilian cryptocurrency bill, which was introduced last year, is still waiting to be discussed by Congress due to the impending general elections that will happen in October.

Shroder also hinted at the launch of a Mastercard product that would allow Brazilians to pay with cryptocurrencies using a debit card, similar to the card launched in Argentina a month ago. On this, he explained:

The first results we are seeing in Argentina are that the product is being very successful. We are evaluating what the next markets will be… But given the size of the Brazilian market and its importance to Binance, Brazil is undoubtedly at the top of the list of upcoming markets for this product.

What do you think about the expansion plans that Binance has in Brazil? Tell us in the comments section below.

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Twitch To Ban Crypto Gambling Livestreams After Backlash From Influencers

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Submitted September 20, 2022 at 08:37PM by Nawbz https://ift.tt/URpbTja https://ift.tt/3xjQvl5

What it feels like when these "experts" claim Bitcoin is dead for the 460th time.

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Submitted September 20, 2022 at 06:11PM by HelloMokuzai https://ift.tt/f5k3Deg https://ift.tt/3xjQvl5

Daily Discussion, September 21, 2022

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Submitted September 21, 2022 at 12:01AM by rBitcoinMod https://ift.tt/ENGUCan https://ift.tt/3xjQvl5

Better Business Bureau Warns of Cryptocurrency Investment Scams on Tiktok

The Better Business Bureau (BBB) has warned about cryptocurrency scams on Tiktok. “You are scrolling through Tiktok when you come across a video showing a pile of cash. The creator says they earned the stack of money in just a few days by investing in cryptocurrency,” the BBB detailed.

Crypto Scammers Defrauding Tiktok Users

The Better Business Bureau (BBB) warned of cryptocurrency scams on the popular video-hosting platform Tiktok Friday. Founded in 1912, the BBB is a private, nonprofit organization that empowered people to find businesses, brands, and charities they can trust for over 110 years.

The BBB explained that “as Tiktok’s popularity grows, so do the con artists.” Noting that it is seeing many new reports from its “Scam Tracker related to this money-flipping scam,” the BBB described:

You are scrolling through Tiktok when you come across a video showing a pile of cash. The creator says they earned the stack of money in just a few days by investing in cryptocurrency.

Scammers on Tiktok may promise “to turn a few hundred dollars’ worth of cryptocurrency into thousands in no time at all,” the BBB detailed, adding that they may even “have a 100% guarantee that they can triple your money in less than a week.”

The organization explained that “When you contact the supposed investor [scammer], likely through Whatsapp, Telegram, or another messaging app, they will be polite and professional,” adding:

They will ask you to send money — usually, a few hundred dollars to start — through a digital wallet service like Paypal, Zelle or Venmo.

However, “When you try to get your money back, the scammer will claim you need to pay fees. At first, these amounts may seem harmless … They may ask for fees several times, always promising you will get much more back than what you are spending.”

“If you question them, they may resort to scare tactics, telling you that if you don’t pay, you’ll miss out on the giant return or that they can take legal action,” the BBB further cautioned, elaborating:

Unfortunately, any money you send will end up in the scammer’s pockets. You won’t be getting a return on your investment, and you won’t be getting your initial deposit back either.

The BBB concluded by giving some advice on how to avoid money-flipping scams. Besides using good judgment and doing your research, the organization cautioned people not to give into scare tactics and understand how digital wallet services work.

Have you come across videos on Tiktok similar to what the BBB described? Let us know in the comments section below.

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Daily Discussion, September 20, 2022

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Submitted September 20, 2022 at 12:02AM by rBitcoinMod https://ift.tt/Lp2OcRM https://ift.tt/ntdL2lX

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COMPLETE Manual for Begin TRADING WITH THE BITCOIN PRIME Application

REGISTER Record. To begin trading CFDs and other monetary resources with our application, begin by visiting the Bitcoin Prime authority site and ...

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