Cryptoknowmics
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At Cryptoknowmics, we aim to be the biggest media platform in the crypto niche and serve our readers with the latest news, updates and information in the crypto world.
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1INCH Tokens to Govern Automated Market Maker and DEX Aggregator

1inch, a DeFi platform, has just announced the release of its governance and utility token on December 25, 2020. It is revealed that the 1INCH tokens will be used for governing the automated market maker protocol of the platform and its decentralized exchange (DEX) aggregator as well.  Through the aggregation protocol...

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What the CBDC Terrain Will Look Like in 2021

The emancipation by the central banks around the world to launch a government-backed and functional digital currency is poised to take a new twist in the coming year 2021. The race to debut a central bank digital currency (CBDC) gained more grounds in 2020 as the advent of the COVID-19...

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Novogratz Believes Biden Administration Will Provide Open-Minded Crypto Regulations

Mike Novogratz, CEO of Galaxy Digital, appeared at CNBC’s Squawk Box on Thursday, December 24, 2020. In this segment, he talked about the recent Bitcoin bull market and the anti-crypto stance without regulatory clarity from President Donald Trump’s administration.  He mentioned that Trump’s administration has always maintained a tough stand for...

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Crypto Exchange Livecoin Hacked, Losing Control of All Its Servers

Russian cryptocurrency exchange Livecoin has announced that it was hacked, losing control of all its servers and nodes. Customers using the exchange were also warned to stop interacting with the exchange. The crypto exchange claims the security breach to be a carefully planned attack that happened on the night between Dec. 24 and...

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Hashed Raises $120M to Fund Emerging Blockchain Startups

Hashed, a crypto asset fund manager, in South Korea has just successfully raised $120 million to fund the emerging blockchain startups across and outside the country. However, the firm has not yet revealed the backers behind this fundraiser. However, there are claims that several huge IT companies in South Korea...

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HIVE Blockchain Announces $15 Million Debentures with US Global Funds

HIVE Blockchain Technologies have announced conducting a private placement of convertible debentures with U.S. Global Investors Ltd. fund for $15 million. The debentures will mature 60 months from the date of issuance. The interest rate stands at 8% p.a. payable monthly while the principal is payable quarterly. HIVE Blockchain was...

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Tierion Receives Orders to Repay $25 Million to ICO Investors

Tierion, a blockchain startup based in Texas, has received an order from the Securities and Exchange Commission (SEC) to repay $25 million to the ICO investors. The SEC has settled the charges against the firm for offering unregistered securities in the form of the token sale. Along with repaying the...

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XRP Rallies 50%, Following Appointment of New Acting Chairman by SEC

The fourth-largest cryptocurrency by market capitalization XRP seems to have gained life again following its recent catastrophic downfall. On Dec. 24, the cryptocurrency rallied by 49 percent in mere hours climbing to $0.378 at 23:40 UTC on Bitstamp crypto exchange. Over the past couple of days, XRP came under pressure following...

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Fintech Firm Luxxfolio to Acquire 590 Bitcoin Miners

Luxxfolio Holdings Inc. has announced that its wholly-owned subsidiary Luxxfolio Network Inc. is going to acquire 590 bitcoin miners. Each of the mining units comes with an aggregate hash power of 53.1 Petahash (PH) per second. The per-unit cost of the miner amounts to $1,990 with 590 units totaling $1,174,100....

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Since the departure of Trump’s administration has proved to be quite tough on the crypto industry, the CEO of Galaxy Digital has high hopes from the incoming Joe Biden’s administration.

Read the full news here: http://bit.ly/2WHMJjx

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Roubini Warns Biden, Yellen Soon to Crack Down ‘Criminal Crypto Cesspools'

Famed economist Nouriel Roubini believes Biden's upcoming administration will be more stringent towards cryptocurrency regulations. Roubini has been a vocal critic of Bitcoin, once calling the cryptocurrency the mother of all bubbles. In a recent Twitter debate, Roubi struck the cryptocurrency once again while calling the industry a cesspool. Roubini...

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BTC Has Set a New Historical High and Is Moving to $27,000

The last working trading day on the BTC market was marked by two events. In addition to the fact that most of the world celebrates Christmas, Bitcoin has managed to update the historical high. The low liquidity of market participants due to the holiday was enough to break the critical...

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Dave Portnoy Accepting Crypto Donations for His Small-Businesses Relief Fund

Dave Portnoy, the founder of Barstool Sports, launched a relief fund last week for small businesses that are affected by the COVID-19 pandemic. It is revealed that he has now started accepting crypto donations for this relief fund. Within just 24 hours, he received a great response from the whole...

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Turkey Will Pilot CBDC in 2021: Central Bank Governor Naci Ağbal

The research and development project on digital currencies has been going on in Turkey for quite some time now. In 2020, most of the countries have revealed their plans to launch central bank digital currency (CBDC) and Turkey is one of them as it is already going through research and...

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Bitcoin Almost Surges to Fresh Record All-Time High of $25,000

Bitcoin price hits an almost new all-time high of $25,000, a week after breaking the $24,000 level for the first time. The price of the world’s largest cryptocurrency by market capitalization touched a new record of $24,930.69. The yearly high of the cryptocurrency has been up by more than 240%....

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Bitcoin Hits Its New All-Time High of $25,000

Bitcoin has reached yet another milestone this year and hits the $25,000 mark. It reached $20,000 almost a week ago on 16th December and after wandering above that line for a brief time, it is all set to gain further momentum during the holiday season this year. Back in 2017,...

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Binance Incorporates SegWit Support For Bitcoin Deposits and Withdrawals

Binance has recently announced that it has now enabled Segregated Witness (SegWit) support on its platform. As per the announcement, Binance incorporates SegWit support for Bitcoin deposits and withdrawals. This announcement by the exchange came during Christmas and the users can transfer funds directly to the SegWit address. According to...

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The growth of the main cryptocurrency over time will stimulate the entire crypto market growth. The current situation may indicate the end of the 3-year bear market.

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Crypto Derivatives Remains Bullish as Bitcoin Reaches New All-Time High

Bitcoin hits another all-time high and is now approaching the $25,000 mark. The analysts have claimed that as Bitcoin reaches the $25K mark, the crypto derivatives market is also highly bullish and there will be huge growth for derivatives in 2021. Different crypto analysts and professional investors have started betting...

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