Bitcoin-friendly Próspera hits back at controversy in The Guardian

The management of the crypto-friendly constitution metropolis of Próspera in Honduras has hit again at stories it’s dealing with a backlash from residents of the neighboring neighborhood of Crawfish Rock over its growth plans. A July 5 article from The Guardian reported the particular financial zone, touted as an island paradise with low taxes/fiscal duty, …

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El Salvador’s Bitcoin wallet Chivo scores $52M in remittances in 2022

Salvadorans dwelling overseas hsent over $50 million in remittances from January to Could this 12 months, based on the El Salvador Central Reserve Financial institution. Douglas Rodríguez, president of the El Salvador central financial institution, unpacked the final financial outlook for the nation on the native tv information program Frente a Frente on Wednesday. A …

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Crypto tax deters 83% Indian investors from crypto trading: WazirX report

The implications of what anti-crypto laws can do to a thriving economic system might be seen first-hand unfolding in India. Supporting the huge decline in buying and selling volumes throughout all Indian crypto exchanges, a report from WazirX reveals a change in investor sentiment because the Indian authorities imposed its second crypto regulation — a …

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Bear market delivery! Bitcoiner rejoins DoorDash to buy more BTC

What did you do within the 2022 bear market, anon? For one Bitcoiner, the chance to tackle a second job to “stack sats” (purchase extra Bitcoin (BTC)), was too nice. Isaiah, the founding father of the Cleveland Bitcoin Meetup, is delivering meals to Ohio residents to earn money on the facet. Isaiah informed Cointelegraph “I …

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DeFi protocol Porter Finance shuts down bond issuance platform after just one month

Porter Finance, a decentralized finance, or DeFi, protocol primarily based on the Ethereum (ETH) blockchain, introduced Tuesday that it was shutting down its bond issuance platform. In explaining the dialogue, Porter Finance stated: “Wanting ahead, we aren’t assured there might be giant inflows of lending demand for mounted revenue DeFi merchandise like those supplied via …

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Hardware crypto wallet sales increase as centralized exchanges scramble

Blockchain evaluation agency Glassnode not too long ago characterised the 2022 bear market because the worst on file. This appears to be the case because of occasions such because the conflict in Ukraine and rising inflation, coupled with critical issues amongst centralized crypto exchanges.  But, the bear market hasn’t negatively impacted all gamers within the …

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What does a bear-market ‘cleanse’ actually mean?

In his month-to-month crypto tech column, Israeli serial entrepreneur Ariel Shapira covers rising applied sciences inside the crypto, decentralized finance (DeFi) and blockchain area, in addition to their roles in shaping the financial system of the twenty first century. The autopsy consensus on the crypto market crash amongst business leaders starting from Polygon co-founder Mihailo …

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