All posts by CardanoNews

South African Pension Funds To Be Banned From Crypto Investment

South African Pension Funds Will Be Banned From Crypto Investment, Draft Rules State. “A fund cannot directly or indirectly invest in crypto assets”

South African pension funds will be prohibited from investing in cryptocurrencies under the new draft rules.

This will replace existing legislation that allows portfolio managers to invest up to 2.5% of funds in crypto as part of an umbrella “other assets” category.

The South African government defines a crypto asset as “any digital representation of value not issued by a central bank, but which can be traded, transferred or stored electronically by natural and legal persons for the purposes of payment, investment and other forms of benefit”. ; It applies cryptographic techniques and uses distributed ledger technology.”

Such a broad definition points to the ban extending to non-tradable tokens (NFTs) and similar tradable digital assets.

Financial regulators in South Africa have noted in recent months that there will be an acceleration in crypto regulation in response to retail investors being scammed by fraudulent investment firms.

Source: coindesk.com

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

Burger King partners with Robinhood

Burger King has partnered with Robinhood to offer millions of crypto rewards Burger King customers will be handing out cryptocurrency gifts. If they spend more than $5 in the Burger King store or app or website, they can enter to win 20 bitcoins, 200 Ethereum or 2 million DOGE.

Burger giants are starting to distribute giveaways to win over indecisive consumers who are increasingly inclined to digital ordering. The UK Royal Perks, for example, offer a chance to win 10 crowns for each purchase. Crowns can be redeemed for free food and drinks. Members can also receive limited-time-only specials and free daily benefits.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

Redefining DApp discovery: Bringing DApps to the mass market Video

To learn even more about certification levels, and meet some of the partners on the program, make sure you watch the certification session from the Cardano summit.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

Crypto mining stock, three stocks you should follow. Hut 8, RIOT, ARBK

Bitcoin has gained 109% so far this year, and TipRanks has revealed three crypto mining companies to watch. According to the platform, these are Strong Buy stocks with strong upside potential.

Hut 8 Mining Company
Hut 8 Mining is one of North America’s pioneers in mass scale mining. It focuses on Bitcoin and Ethereum mining and provides investors with easy access to the crypto market. The hash rate for BTC is 2.5E/H PH/s and for ETH 1,600 GH/s. Hut 8 uses a combination of high-end ASIC and GPU mining equipment to stay ahead of the competition.

Riot Blockchain (RIOT)
Riot Blockchain is the largest Bitcoin miner in the US. It focuses on improving hash rate and infrastructure capacity. Currently, Riot consumes 73 megawatts of power in its mining operations. It has a hash rate of 2.2 exahash per second and an efficiency rating of 30.1 W/TH. This company’s stock also receives a Buy rating from Brendler and four other analysts. The stock has the potential for a 71% year-on-year increase with shares selling for $27.22 and an average price target of $46.60.

Argo Blockchain (ARBK)
Argo Blockchain is a London-based crypto miner with facilities in Quebec and Texas. They operate world-class 45-megawatt Bitcoin mining servers in North America and have a hash rate of 1075PH, ranking them among the top 0.7% of Bitcoin miners in the world. They earned $112.5 million in gross revenue after being listed on the NASDAQ.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

Crypto Island Announces Its Establishment

Crypto Island (CISLA), The World’s First Private Island Acquisition and Decentralized Project, Announces Its Establishment. Crypto Island, a blockchain-based project run by its community, offers investors and crypto enthusiasts the chance to co-own the world’s first community-owned decentralized private island.

The highly anticipated startup of Crypto Island went official this week as their newly established legal structure is set for release. In detail, Crypto Island will legally form an independent entity on behalf of Crypto Island Group Incorporated. This entity will function as a token issuer in a very complex corporate structure set up to make it possible to tokenize ownership of the island.

With this company structure, Crypto Island is the first project to set up a structure to actually use a functional way to tokenize real estate. With this merger, Crypto Island is one step closer to achieving its goals of acquiring the first decentralized private island.

chart coinmarketcap

Dan Bouwer, one of the founders and current CEO of Crypto Island, is delighted with the acceptance and is confident that it will take the concept of a cryptocurrency-based community to the next level.

Famous analyst Michaël van de Poppe warns Shiba Inu (SHIB) investors

A famous crypto analyst, Michaël van de Poppe, announced that he is not a fan of the meme coin Shiba Inu (SHIB), which has hit a big break this week, and warned investors.

Michaël van de Poppe has warned his 458,400 Twitter followers not to fall into the trap of potential FOMO on SHIB. The analyst also said that he hopes SHIB will disappear and it is better to look for other opportunities instead.

Michaël van de Poppe also said: “SHIB experienced a heavy correction of about 30-40% in a few hours. I hope you didn’t buy it last night after feeling the FOMO about investing in that cryptocurrency. There are lots of other great opportunities around.”

Michaël van de Poppe on the SHIB rally; He expressed disappointment that SHIB is diverting attention from other crypto projects involving decentralized finance (DeFi), decentralized autonomous organizations (DAOs) and non-fungible tokens (NFTs). completed it.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

The European Central Bank starts working on the Digital Euro

The European Central Bank (ECB) has announced that it has established the Digital Euro Market Advisory Group. The Advisory Group will advise the bank on how they can add value to the central bank digital currency offering.

Among those elected to the advisory group are members of banking and economic institutions known in Europe. Among the elected are members of banking and economic institutions known in Europe, such as Société Générale, Nordea, Intesa Sanpaolo, Swedbank, La Banque Postale and Deutsche Bank. Roberto Catanzaro of the Nexi Group, a company that has announced that the digital euro is involved in the design stages, is also part of the council. The group will host at least quarterly meetings starting next month.

According to the statement, 30 members of the advisory group will advise the ECB on how it can be modified to better address the needs of different sectors in the eurozone. It was stated that the issues identified as a result of these group meetings will be moved to the Euro Individual Payments Board, a corporate forum that discusses individual payments, and the payments area will also be addressed specifically.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

Crypto.com launches $100 million ad campaign with Matt Damon

Crypto.com stock market, which makes serious investments especially in sports, plays the famous US actor Matt Damon in his latest advertisement. Crypto.com reported that it has allocated a budget of $100 million for its advertising campaigns.

Crypto.com has launched a massive global ad campaign using the phrase “Fortune favors the brave”. Speaking to CoinDesk, one of the company spokespersons said that the exchange has allocated a budget of $ 100 million for the global campaign, and the project covers 20 countries.

The commercial, starring the famous US actor Matt Damon and shot by Oscar-winning director Wally Pfister, was officially announced by Crypto.com today and published on its social media account.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

Visit of Hoskinson Charles, creator of ETHEREUM and creator of CARDANO – ADA

Burundi: Visit of HOSKINSON Charles, co-creator of ETHEREUM and creator of CARDANO – ADA. Head of Burundi HE NDAYISHIMIYE Evariste (Major General), co-creator of ETHEREUM (2nd most important decentralized cryptocurrency after BITCOIN) and his team received a visit with Mr. HOSKINSON Charles and creator of the ADA digital currency. To be an internal cryptocurrency of CARDANO (Swiss-based Multinational, 60 billion USD Capital). Explaining that he wants to help Burundi digitize its public service; Empowering Barundi women and youth; and financing Burundi small and medium enterprises.

Cryptocurrency is a currency linked to a financial practice born in the wake of the global financial crisis – the banking crisis – in 2008. Ultra-capitalist neoliberals are infuriated to lose a lot of money with traditional capitalism subordinated to the Central Bank (the bank of all central banks based in Switzerland). ), they have now decided to lend money to each other, bypassing the Bank. Thus, Bitcoin and many other digital currencies will be born. In short, individuals fund each other with digital currency using blockchain, the revolutionary technology of a digital ledger, to establish trust.

Ingoma Y’Uburund i, a millennial African kingdom traditionally finances itself with production run by Bahutu Barundi [http://bdiagnews.com/hutu]. Ingoma Y’Uburundi doesn’t need banks. As the pillar of the capitalist project (see Colonization, Slavery) linked to the market economy, the introduction of the Bank began under Belgian colonization in Burundi in 1960, 2 years after independence. It became the Bank of the Kingdom of Burundi (BRB) in 1964 and ended with the Bank of the Republic of Burundi (BRB). As the bank was incompatible with the existence of Bahutu Barundi in 1972, the latter suffered a genocide: the 1972 genocide against the Burundi Bahutu [http://bdiagnews.com/genocide.htm ; https://bdiagnews.com/genocide-contre-les-hutu-du-burundi-en-1972/ ]. Produced by the neocolonial ALLIANCE (USA, VATICAN, France, Belgium and BAHIMA BARUNDI).

From colonization (crime against humanity) to the present, the financing of Burundi’s planning (all national policies) is carried out through BRB Bank, which is affiliated to the Swiss-based Central Bank.

HOSKINSON Charles, the American ultra-capitalist neoliberal, wants to offer Barundi an alternative to BRB using the open-source blockchain CARDAN and the digital currency (or cryptocurrency) ADA. But this digital currency requires Burundi to reach the electric and internet industrial revolutions. Which is not like that. Except for a privileged Barundi class, of course…

source: https://burundi-agnews.org/

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

Ethereum Crushes Bitcoin Growth Ahead of Network Upgrade

Ethereum outperformed other top cryptocurrencies, Bitcoin, last week, ahead of an upgrade that will help make its affiliate network faster and more energy efficient. The world’s second-largest cryptocurrency has increased by about 10% since Oct. Ethereum also surpassed alternative digital tokens such as Binance Coin and Cardano during this period.

The rise comes before an upgrade planned on Wednesday that could make the Ethereum network faster, scalable and lead to lower fees for users. Ethereum has risen nearly 1,000% in the last 12 months. This exceeds Bitcoin’s 380% gain, in part due to the network’s popularity for applications such as decentralized finance and immutable tokens.

Ethereum, like other cryptocurrencies, is prone to large fluctuations and lost more than half of its value before recovering earlier this year. Ethereum is trading around $4,200 at press time. Meanwhile, cryptocurrency liquidity provider B2C2 announced in a recent report that it is preparing to announce a potential Ethereum futures exchange-traded fund (ETF) for launch on the options market.

Bloomberg Intelligence strategist Mike McGlone wrote in a report on Monday: “The dollar value of Ethereum futures has risen to the level that Bitcoin was in July, suggesting that the ETF is trailing the second-largest cryptocurrency. It’s a matter of time.” “ETF providers have yet to approve the launch of ethereum-related products by the Securities and Exchange Commission, but they suggest futures trading, demand traction, and the inevitability of competition.”

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.