📖 Category: crypto dictionary — complex concepts in simple language

• Sidechain — blockchain scaling technology by creating a parallel network with two—way binding to the main one. Its goal is to increase the speed of transactions and reduce their cost for the crypto assets of the "parent" network.

• A nokoiner — person who missed the opportunity to buy BTC at a low price and now regrets it. However, he hides his regret by constantly stating that BTC is a scam, a pyramid scheme or a bubble.

• Hedging — insurance of risks from fluctuations in the price of cryptocurrencies in the market by opening transactions of the opposite position in another market.

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🔤 Crypto. com cryptoplatform has received preliminary approval for work from the Dubai Virtual Assets Regulatory Authority

The companies were granted a license under the MVP program after a detailed analysis of the documentation, employees and KYC/AML procedures.

💬 VARA added that the participation of trustworthy players contributes to the implementation of the regulator's goals to «create a progressive and future-oriented regulatory framework».

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🪙 A Free zone for Crypto Companies is being launched in the UAE

The UAE has announced the creation of a free zone for companies associated with cryptocurrencies in order to stimulate the growth of blockchain-based business in the country.

🏆 This step is part of a broader strategy of the UAE government to position the country as a leading state in the direction of technology development and innovation.

💬 The UAE hopes that a free zone for crypto companies will attract innovative and technological leaders to the country.

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🪙 The UAE has announced the launch of a national cryptocurrency

CBDC is one of the initiatives within the FIT program, which will contribute to the further positioning and strengthening of the UAE as a leading global financial center.

💬 At the first stage, a blockchain bridge will be launched to test international payments in CBDC and the development of a solution for settlements in digital national currencies with India.

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💰 Historically, the price of BTC has increased by two digits (100 times) every 4 years

‣ January 2009 — $0;
‣ January 2013 — $14;
‣ January 2017 — $1,013;
‣ January 2021 — $34,000.

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🇼🇫 Sygnum Digital Bank has opened a branch in Abu Dhabi

A representative of Sygnum said that the bank intends to expand its activities in the Middle East, so it was decided to open a new office in ADGM, the international financial center of the UAE.

💬 The company's offers will be focused on high-income clients who are ready to invest with a high level of risk.

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💜 Hello guys 👋
Relevant price list on 29.03.2023

— We verify the warranty period by the serial number on the official website of the manufacturer.
— Comprehensive support and advice on any issues of selection, delivery and equipment settings.
— Power cable as a gift.
— Our company provides a retailer’s and the manufacturer’s warranty.

You can order hardware on our website or by the phone:
📲 +971 58 507 1125

✈️ Fragment has an opportunity to buy a Telegram Premium subscription for TON

The subscription is available in three versions: for three months, for six months and a year.

Telegram Premium will cost 5.7 TON (~$11.99) for three months, 7.61 TON (~$15.99) for six months, and the annual version will cost 13.8 TON (~$28.99).

💬 The Fragment platform was launched in October 2022. Initially, only nicknames for Telegram were sold on it.

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🎬 Category: films about cryptocurrency

«Cryptopia: Bitcoin, Blockchain and the Future of the Internet», 2020

💰 This is a documentary about the history of the emergence of BTC and blockchain with discussions about their possible future.

He explains how blockchain helps to make many areas safe, and also analyzes the problems associated with the use of cryptocurrencies.

The film's awards speak for themselves: it has received 14 awards in 7 nominations. We recommend watching it! ☘️

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💜 Hello guys 👋
Relevant price list on 03.04.2023

— We verify the warranty period by the serial number on the official website of the manufacturer.
— Comprehensive support and advice on any issues of selection, delivery and equipment settings.
— Power cable as a gift.
— Our company provides a retailer’s and the manufacturer’s warranty.

You can order hardware on our website or by the phone:
📱 +971 58 507 1125

🪐 Miners have reported the best results since May last year

In March 2023, BTC mining companies received a total revenue of $755 million.

The hashrate of the network continues to grow, as well as the difficulty of mining the first cryptocurrency. But this does not prevent miners from increasing the number of devices and revenue.

💬 The total volume of transactions in the network has also increased. If in February the figure was $499 billion, then in March users transferred BTC for a total of $756 billion.

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🥅 The European Union may ban the mining of cryptocurrencies

The European Commission has ordered EU member states to prepare for a possible mining ban. This decision of the authorities is due to a shortage of electricity.

💡 Over the past five years, electricity consumption in the EU has increased by almost 1000%. The mining of cryptocurrencies consumes 121 TWh per year, which is comparable to the energy consumption of entire countries.

The EC did not oblige European countries to ban mining right now and start the fight against mining farms.

💬 So far, she has only given a signal and urged them to take a closer look at what is happening in this industry.

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💻 The UAE Central Bank selects partners for the first stage of the digital currency program

CBUAE chose R3, a financial services blockchain specialist, and G42 Cloud, a cloud service provider, as infrastructure technology providers, and Clifford Chance will provide legal services.

📅 It is expected that the first stage will be implemented within the next 12-15 months.

💬 According to CBUAE, this will lead to the start of cross-border CBDC transactions with real value for settlements in international trade.

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💰 BTC > $30 000

On April 11, after a long sideways movement, the first cryptocurrency broke through the level of $ 30 thousand.

📈 The last time BTC was at this level was on June 10, 2022.

Prices for mining equipment strongly depend on the BTC exchange rate. If the coin becomes more expensive, then the popularity of mining is growing and the prices of the devices are also growing.

🥅 Therefore, if you wanted to engage in mining or simply expand your production capacity, then this is the best time!

💭 In the conditions of market growth, the equipment purchased now can pay off in a few months.

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🟩 Category: crypto dictionary — complex concepts in simple language

• Nodes — are each computer connected to the network with the client enabled. The nodes of the network store the last copy of the blocks from the blockchain chain. They ensure the implementation of transactions and maintain a high level of network security.

• Instamine — unfair distribution of currency at an early stage of the issue. The creators of the cryptocurrency at first extract a large amount of coins, which leads to the complication of mining.

• Dump — artificial depreciation of the cryptocurrency rate committed by major market players. They sell coins in large quantities, thereby creating an oversupply in the market.

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💜 We understand that the quality and reliability of mining equipment is what is above all for our customers.

Therefore, our company presents only the best devices from leading manufacturers, such as Bitmain, MicroBT, Innosilicon and Canaan.

⚙️ We test and verify each product before offering it to you.

If you are looking for reliable and proven mining equipment, contact Prominer.

💜 Our managers will help you choose the best options, provide high-quality service and support at all stages of cooperation.

💰 BTC-millionaires are becoming more and more

This was reported by the Finbold portal.

📅 In the first 2 weeks of April alone, over 50,000 new users appeared who own $1 million worth of BTC.

So, on April 14, the indicator was 80,659, which is 187% more than on January 5.

💬 If the BTC price continues to rise, then we should expect a further increase in the number of BTC millionaires.

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