FreeBitcoin

Cointelegraph Store introduces Summer of Crypto merch collection

Cointelegraph Store introduces Summer of Crypto merch collection

Celebrating the arrival of summer, Cointelegraph has launched a new collection of crypto-inspired summer wear to keep things cool.

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High-profile BAYC collector denies allegations of wrongdoing brought by DeFi detective

High-profile BAYC collector denies allegations of wrongdoing brought by DeFi detective

At the time of publication, it is not clear how the DeFi detective allegedly connected wallets with questionable activities to Jeff Huang.

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Bitfrost releases upgraded SALP 2.0 after protocol helped secure $450M via parachain auctions

Bitfrost releases upgraded SALP 2.0 after protocol helped secure $450M via parachain auctions

The move comes after 18 Polkadot parachain auctions were secured on the original SALP protocol.

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Third non-EU country, Ukraine, joins the European Blockchain Partnership

Third non-EU country, Ukraine, joins the European Blockchain Partnership

With the ultimate goal of integrating its digital economic space with the EU, Ukraine plans to expand its interstate blockchain network partnership with other countries.

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Anthony Scaramucci Reveals Buying Crypto During Crash, Suggests Staying Disciplined

Many crypto investors have sold their assets due to the ongoing market volatility. However, the effects of the crash are still reverberating across all the exchanges and crypto firms.

Some lost liquidity and couldn’t sustain users’ demands, while others downsized their staff capacity. Some investors seized the chance to add to their crypto portfolio amid the chaos. An example of such a future-oriented investor is Anthony Scaramucci.

Scaramucci has revealed that SkyBridge Capital, his firm increased its ETH and BTC volume during the crash. So when others scrambled to sell off to avoid losing all, this firm was busy stacking up for the future.

Related Reading | XRP Consolidates, Is It Going To Retrace Now?

According to Scaramucci, investors should discipline themselves more during the havoc instead of panicking. He pointed out that if Amazon could survive its winter 20 years ago, crypto top contenders would overcome this winter too.

Staying Discipline Is The Key In Crypto

The market reports are not looking good at all. Data shows that June 14 was the worst of the days as most cryptos declined terribly. Right now, the bloodbath keeps deepening, and even the number one crypto BTC fell lower than its records in Q4 of 2020. Ethereum (ETH) is also not doing good as it has slumped lower than its 2018 ATH

These incidents create a lot of fear and panic in the industry. But for Scaramucci, staying disciplined was the best option amid the chaos. He made this stance known during an interview.

Scaramucci has always been a strong supporter of bitcoin. Right now, even when the signs are not positive, he believes that crypto top projects like BTC will rebound like Amazon Stock after the storm. According to Scaramucci, Bitcoin has recently dominated the entire crypto market to higher levels. So, there’s hope it will rebound.

The crypto market shows a sign of recovery | Source: Crypto Total Market Cap on TradingView.com

Regarding the reasons for the continuing downward trend, Scaramucci blames it on the actions taken by both Celsius and Terra during the fall in price. To avoid things like that, the financier advises investors to avoid leverage but stay long.

Related Reading | Bitcoin Amidst Relentless Sell-Off; Is It Targeting $ 13,000 Now?

Scaramucci initially warned investors to be careful when scaling their Bitcoin investments. But, according to his strategy, they should never forget that crypto is here to stay and, as such, must be allocated the right size when investing.

Does Discipline Involve More Investment?

During the interview, Scaramucci was asked his reasons for buying more BTC and ETH. Was the move a part of the discipline he recommends? To answer that, the financier said that stacking up is a part of the discipline.

He believes that after the storm has passed, many people would wish they had bought into the dip instead of playing too safe.

Featured image from pexels, chart from TradingView.com
NewsBTC

Huobi to permanently shut crypto operations in Thailand

Huobi to permanently shut crypto operations in Thailand

Huobi Thailand failed to fix system issues despite several extensions given by the Thai SEC.

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Bill to ban digital assets as payment passed the first reading in the Russian parliament

Bill to ban digital assets as payment passed the first reading in the Russian parliament

The document bears several conceptual contradictions, trying to qualify security tokens as a monetary surrogate.

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Plugin Partners With Inclusive Growth Chain to Implement the ‘Project Pollution Check’

The Plugin and Inclusive Growth Chain have collaborated to implement the ‘Project Pollution Check’. The Pollution Check is designated to collect and tabularize the data regarding air pollution. And further help end-users like air purifier producers, realtors, and the environment conversalists both in public & private sectors.

In this context, let’s investigate the Plugin and Inclusive Growth Chain partnership and the way the ensuing blockchain-based answers will assist to enhance real-time air-pollutants tracking and ease the development of specific blockchain outcomes.

Today, poor ambient air quality is one of the most crucial public health concerns around the globe. Exposure to polluted air causes more than 6.6 million premature deaths each year and makes up close to 8% of the global burden of disease. What’s more, exposure to air pollutants reaches far beyond respiratory illnesses. Research shows that there are links between air pollution and non-communicable diseases like diabetes, cancer, and more recently COVID-19 health outcomes.

While air quality is a global sustainability issue with varying severity and effects across nations, there’s a need to adopt novel approaches to manage the issue. One approach to the problem is technology. Leveraging tech will help overcome factors that put pressure on ambient air quality.

On that note: blockchain technology and its novel use cases holds a lead position in helping track air pollution in real-time using data feeds from authoritative off-chain sources.

Plugin & Inclusive Growth Chain: Who they are and what they offer

Plugin is a decentralized oracle platform providing cost-efficient solutions to smart contracts that run on the XDC Network Ecosystem. The novel solution focuses on providing cost-efficient solutions to users that need reliable data on their smart contracts. And being a fork of Chainlink open-source technology built to benefit the XDC Network Blockchain Ecosystem, Plugin enables smart contracts to communicate seamlessly with the outside world and store data gathered from reliable partners. Plugin guarantees dedicated support, reliable data feeds, thoroughly tested platform for quality, and enterprise-grade service level agreements.

On the other hand, Inclusive Growth Chain (IGC) is an integrated blockchain, artificial intelligence, and machine learning platform that seeks to address social and environmental problems. Recently, the organization won the top prize for creating a blockchain-enabled platform that aggregates air pollution data with high accuracy and at minimal costs. The platform also works with Farmer Producer Organizations (FPOs) in India, helping redistribute value chain gains to farmers.

Plugin—Inclusive Growth Chain Partnership

Through the Plugin—IGC partnership, the entities will work towards implementing the “Project Pollution Check”. Given the benefits to be accrued upon launching the project, it has been touted as a more impactful decentralized application on the XDC network, which leverages PLI.

So, what’s “Project Pollution Check”?

Pollution check is a blockchain-enabled use case that allows air pollution tracking and tracing in real-time. Conceptualized by IGC, the project proposes to collect real-time data on air pollution, helping users with air pollution-related health issues or allergies make appropriate decisions. Worth noting, that the solution will be available to users across the globe.

In this project, the Plugin will act as an oracle service to bridge the data (Air pollutants) from the external world into a decentralized application. What’s more, the air pollution tracking and tracing application will target end-users like real estate properties provider and developers, real estate buyers, air purifier companies, and government agencies tasked with protecting the environment.

For real estate property providers and developers, Pollution checks will help them decide where to construct housing that meets their client’s air quality index (AQI) requirements. As well, this may help with pricing real estate properties—that is, areas with lower AQIs can fetch a premium as compared to those with significantly higher AQIs.

On the other hand, Pollution-check will help real-estate buyers determine—in real-time— the pollutant levels in an area prior to making purchase decisions. To illustrate, Pollution-check will help families with kids and elderly members to avoid buying or renting homes in areas whose air has high levels of carbon monoxide.

Air purifier companies will also leverage the solution. With accurate data on pollution in different locations, air purifier companies may tailor their services and offer models that are most effective for specific regions. This will help reduce air pollution-related issues for clients in different locations.

Government agencies tasked with safeguarding the environment can leverage Pollution-check to pass laws on appropriate mechanisms to reduce air pollution. For instance, government agencies may introduce policies favoring the increase of electronic vehicles. This will help reduce air pollution resulting from diesel and petrol-powered engines.

That said, what other areas will the Plugin and IGC partnership touch on?

Well, in addition to “project pollution-check”, IGC and Plugin also plan to collaborate on other solutions in the Private & Public Blockchain space. IGC will also avail Big data, Machine Learning & Artificial Intelligence expertise on a demand basis, helping strengthen Plugin’s technology landscape.

As well, plugin seeks to onboard IGC as a masternode operator following the MOU. This will happen after consultations with respective network community members.

While air pollution remains a major concern around the globe, the inception of novel technologies through the PLI-IGC partnership holds the potential to reduce and reverse some resulting effects. For example, the inception of “Pollution check” holds significant potential in mitigating air pollution-related issues. By allowing real-time checking of air pollution levels in different locations, the solution will enable end-users like real estate property providers and developers, real estate buyers, air purifier companies, and government agencies to make appropriate decisions.

As well, the PLI-IGC partnership helps leverage each firm’s capabilities to boost their respective abilities.

 

 

NewsBTC

The CFTC’s action against Gemini is bad news for Bitcoin ETFs

The CFTC’s action against Gemini is bad news for Bitcoin ETFs

The lawsuit against Gemini is not about an exchange-traded fund, it’s about how a particular Bitcoin futures contract is being represented.

Cointelegraph.com News

UNFCCC weighs blockchain use cases to fight climate change with Cointelegraph

UNFCCC weighs blockchain use cases to fight climate change with Cointelegraph

During the DigitalArt4Climate press conference, Cointelegraph editor-in-chief Kristina Cornèr took over the stage to understand the various blockchain initiatives that actively fight climate change.

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