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Posts archive
Shiba Inu Plans to Launch Stablecoin, Reward Token, Collectible Card Game SHIB prices hardly budged on the news but gas token BONE and ecosystem token LEASH rallied.
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Ethics Watchdog Bars US Government Employees From Writing Crypto Policy if Invested A new legal advisory from the Office of Government Ethics (OGE) bars federal employees who own crypto from working on policies that could influence the value of their digital assets.
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Belgian regulator reviews crypto asset classifications while awaiting harmonization With confusion rife and EU regulatory harmonization still on the horizon, the Belgian financial regulator has issued new guidance on classifying crypto assets.
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Hardware crypto wallet sales increase as centralized exchanges scramble Hardware wallet providers are benefiting from this bear market, as users migrate funds to cold storage solutions due to the problems centralized custodians.
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American CryptoFed DAO Withdraws Locke, Ducat Token Registration Request CryptoFed said it is pulling the registration because the tokens are “not securities.”
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Bitcoin Reclaimed $20K Following Extreme Volatility, AVAX Jumps 7% (Market Watch) Bitcoin stands above $20,000 after the enhanced volatility yesterday and earlier today. AVAX and SAND have spiked the most from the alts.
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Voyager Digital files for Chapter 11 bankruptcy, proposes recovery plan Voyager Digital has filed for Chapter 11 bankruptcy in the Southern District of New York after revealing that more than half of its loaned assets were held by Three Arrows Capital.
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Former Head of TikTok Gaming Launches New Starupt Focused on Blockchain Games TikTok is the fastest-growing social media platform of 2022, but the ex-head of its gaming division thinks he can do better with his own startup: Meta0
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The Meme Coins That Dominate The Top Ethereum Whale Holdings With the bear market coming into full bloom, Ethereum whales are stacking up their holdings. However, there has been some deviation from the norm as new coins
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Nexo Looking To Acquire Distressed Crypto Lending Platform Vauld: Report Crypto lender Nexo is announcing intentions to buy another lending platform in the industry as markets continue to struggle.
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Crypto Fundraising After End of Roe Tepid So Far Crypto advocates have long touted the technology’s potential to help people fight government oppression and evade surveillance – the post-Roe world offers a great test case.
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The Wolf of Wall Street: Investors Will 'Almost Certainly' Profit by Hodling BTC for 3 years Jordan Belfort would be "shocked" if holding BTC for 3-5 years does not turn out to be a profitable investment strategy.
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DeFi Protocol Built on Ethereum Explodes 125% in Hours As Centralized Finance Firms Struggle One altcoin that powers an Ethereum-based decentralized finance (DeFi) platform is defying broader market woes by rallying in a big way.
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Summer Inside Crypto Winter: Solana Steals The Lead From Ethereum Solana has been gradually creeping up behind Ethereum even before the crypto winter began. The network had grown in popularity among non-fungible token (NFT)
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The End Of Meta’s Crypto Wallet Meta (formerly Facebook) is pulling the plug on its crypto payments wallet, Novi, claiming to repurpose the technology into other projects.
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Russians banned from accessing Bitmex within European Union Bitmex is increasing compliance with the European sanctions by preparing to enforce major restrictions for its Russian users in the European Union.
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Bollywood A-lister-backed GARI token plunge sparks rug pull rumors GARI’s bearish movement began on June 20, however, its long-standing support gave away on June 4 when the token crashed 83.29% to its all-time lowest trading value of $0.13.
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Exposed Shanghai Police Database Covering One Billion Chinese Citizens Priced At 10 Bitcoins Despite the growing presence of cybersecurity solutions, data breaches continue to impact organizations both larger and small with increasing pace and frequency. Now, a top-secret Shanghai police database allegedly containing information of more than a billion Chinese citizens was listed for sale on Breach Forums for only 10 bitcoin (BTC).
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Celsius' Bitcoin Loan Liquidation Price Below $5K as Company Repays $120 Million in Debt Celsius Network repaid $120 million to Maker, reducing the liquidation price of its DAI loan to below $5,000.
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First Mover Asia: Bitcoin Rebounds Past $20K; China’s Blockchain Revolution Is Missing On-Chain Data Ether and most other major altcoins regain ground they'd lost in last week's downturn; China companies seem unconvinced by blockchain technology.
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Three Arrows Capital, On Brink Of Bankruptcy, Holds Several Blue Chip NFTs Most capital markets have done little favors this year for speculative investors. The NFT market hasn't been spared from crypto's chaos, which has led to the
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Circle CEO Refutes Rumor of USDC Collapse Due to Exposure to Troubled Firms The Circle CEO refuted the latest rumor of USDC being on the verge of a financial breakdown, saying the company is in the strongest financial position ever.
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Bitcoin se recupera y supera los $19K; Nomura advierte de una recesión en EE. UU. y Reino Unido Nomura escribió acerca de una recesión en la eurozona, el Reino Unido y Asia Pacífico, lo que podría influir en los precios de las criptomonedas.
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Multichain adds Rootstock to its blockchain bridge ecosystem Multichain has announced the addition of Rootstock (RSK) to its ecosystem. This will allow users to transfer assets between different blockchains, including ETH, USDC, BUSD, BNB, WBTC, and DAI.
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Beaten by the Market, Vauld Becomes Latest Crypto Lender to Freeze Withdrawals The Singapore-based crypto lending and trading platform Vauld has paused customer withdrawals amid severe financial challenges.
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Peter Schiff's bank closure strengthens Bitcoin case for financial freedom While acknowledging that customers may lose money, Peter Schiff stated that he was unaware of the regulatory minimums and was not presented with a legal notice before the abrupt closure.
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Haters to unite at the first conference for crypto skeptics The Crypto Policy Symposium in September hopes to attract policymakers from the US and Europe, so crypto skeptics can share information about how to quell the uprising of the industry.
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First Mover Asia: Singapore’s Monetary Authority Finally Notices Three Arrows’ Capital AUM Discrepancy; Bitcoin Holds Above $19K in Weekend Trading The Monetary Authority of Singapore’s reprimand of the crypto hedge fund for providing misleading information may only be a first step.
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Top 5 cryptocurrencies to watch this week: BTC, SHIB, MATIC, ATOM, APE Traders are taking a hands-off approach to Bitcoin and altcoins until BTC successfully flips the $20,000 level back to support.
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US and UK Set to Team Up Regulating Cryptocurrencies The US and UK authorities view the meeting as key foothold for developing cross-border strategies aiming to regulate the crypto industry.
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BTC/USD Risk Exposure Remains Muted: Sally Ho's Technical Analysis 4 July 2022 BTC Bitcoin (BTC/USD) remained pressured early in the Asian session as the pair continued to suffer from negative technical sentiment and orbit some important technical levels.
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Bitcoin's inverse correlation with US dollar hits 17-month highs — what's next for BTC? Market pundits anticipate the dollar rally to either stall or correct by the end of 2022, benefiting Bitcoin.
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Hard Times in Crypto: the Unintended Consequences of Going Public The third and final reflection on a series of risks we’re thinking about during these crypto down days.
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Meta to Shut Down Digital Wallet Novi Less Than a Year After its Launch The Mark Zuckerburg-spearheaded company has decided to pull the plug on its largely disappointing crypto project.
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Meta Ending Crypto Project Novi After Mark Zuckerberg Unveiled Metaverse Digital Wallet Meta, formerly Facebook, has announced the ending of its crypto project Novi. Users are advised to withdraw funds as soon as possible.
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Ripple Launches $197,000 Hackathon for CBDC Interoperability and Financial Inclusion Ripple has launched a contest with over $190k in prizes to encourage the development of solutions for CBDC interoperability and financial inclusion.
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North Korea Leads the World in Crypto Crime (Report) DPRK's hackers have been implicated in crypto-jacking, exchange thefts, and crypto scams over the past decade.
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Bitcoin Funding Rate Turns Deep Red, Short Squeeze Soon? On-chain data shows Bitcoin funding rates have sunk into deep negative values, something that could pave way for a short squeeze in the market.
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Where Ethereum Name Service stands after 66% decline from registrations in May As June ended, crypto service providers embarked on assessing the performances of various platforms. One leading platform that recorded disappointing numbers in the last 30 days was the Ethereum Name Service [ENS]. The domain name service provider saw an index of 122,000 new .eth registrations in June. These represented a 66% decline from the 365,000 […]
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CFTC Unveils $1,700,000,000 Bitcoin Trading Scheme Allegations in Largest-Ever Charge Involving BTC The Commodity Futures Trading Commission (CTFC) is charging a South African trading company using Bitcoin (BTC) as its base currency for allegedly running the largest-ever BTC trading scheme.
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KuCoin CEO Denies Insolvency Rumors and Exposure to LUNA, 3AC KuCoin's CEO, Johny Lyu, denied all rumors of the exchange being insolvent and said they've had no exposure to LUNA or 3AC.
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First hyper-realistic metaverse enables users to purchase their digital homes Living in the metaverse means more than investing in it. It means having a place to call home
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Three Arrows Capital Files for Bankruptcy in the US to Protect its Assets from Liquidators. The financially embattled crypto hedge fund of Three Arrows Capital has filed for Chapter 15 bankruptcy in New York. According to a report by Bloomberg, the
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KuCoin CEO Refutes Rumors that the Exchange Will Pause Withdrawals or Had Exposure to 3AC, LUNA or Babel Finance. The CEO of KuCoin, Johnny Lyu, has refuted claims that the crypto exchange is experiencing liquidity issues that could cause it to pause withdrawals in a
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Welcome to the Stage Big Eyes (BIG): The Crypto Cat with a Mission to Save the Ocean With ‘Big Eyes’ on the prize, this new cryptocurrency plans not only to make a fortune but save the oceans in the process. Entering the meme coin scene, the Big Eyes (BIG) mascot is changing the game with their cute crypto cat who has a passion for sushi. With unsurprisingly huge anime-style eyes, this cat is likely to steal hearts internationally, and he’s asking for just one thing: circulate his cryptocurrency coin to save the seas. After all, more fish means more food.
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For Freedom: Julian Assange Subject of NFT Drop At Venice Biennale Imprisoned WikiLeaks founder Julian Assange is the subject of a new NFT collection that features at this year’s Venice Biennale art exhibition. The
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ApeCoin [APE] traders willing to go short can make most of this pattern Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Since attaining its all-time high (ATH) on 28 April 2022, the ApeCoin [APE] selling spree has kept the alt below its daily 20 EMA (red) and the 50 EMA (cyan). The recent streak of […]
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DOJ Announces Charges Against Solana-Based NFT Developer for Alleged Rug Pull Scheme The U.S. Department of Justice (DOJ) is pressing charges against a Solana (SOL) non-fungible token (NFT) developer who allegedly pulled the rug on investors.
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Crypto Biz: Coinbase downgraded, 3AC deemed insolvent and Michael Saylor buys the dip Coinbase, Three Arrows Capital and MicroStrategy news cap off a wild week for the crypto market.
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Market Wrap: Bitcoin Suffers Its Worst Month Since 2011 The largest cryptocurrency by market cap dropped over 37% in June, the biggest monthly decline since 2011.
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BlockFi Clears Up Rumors, FTX Will Have $240M Buy Option Crypto lending platform BlockFi confirmed the rumors of a potential purchase from major crypto exchange platform FTX for up to $240 million.
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Voyager Digital Halts Withdrawals and Other Services The exchange joins an ever-growing list of companies pausing withdrawals, suspending services, and experiencing liquidity crises.
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Voyager Digital freezes trading, deposits, withdrawals and rewards, blames 3AC default Cryptocurrency exchange Voyager Digital has announced that it is temporarily suspending services after hedge fund Three Arrows Capital failed to repay a loan.
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Register by July 7th to Join CoinDesk's Hackathon With CRADL and HackerEarth Calling on coders, designers, community organizers, policymakers, economists, urban planners and artists worldwide to help realize the potential of crypto and blockchain technology.
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Global exchange vows to make crypto trading easier — and make futures available to all The complexity of crypto derivatives has all too often meant they're unsuitable for everyday investors — but this exchange wants to change that
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BlockFi Approached With Ledn-Led Funding Offer Amid FTX Acquisition Talks: Report BlockFi CEO Zac Prince on Thursday vehemently denied a story that his company had agreed to a sale to FTX for just $25 million.
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From soup to nuts of ‘agreement reached on European crypto-assets regulation’ As the rest of the cryptocurrency market gradually moves on from the aftermath of the collapse of Terra’s LUNA and UST, regulators across the globe have become increasingly skeptical of digital assets and the risks they pose to investors. On 30 June, the European Commission, lawmakers within the European Union (EU), and member states reached […]
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Coinbase Plans Overseas Expansion, Seeks Licenses In Europe Crypto exchange, Coinbase is now considering on an expansion outside America to Europe, thereby increasing its scope and stretching its operations outside the
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Crypto Lender Celsius Network Exploring Options to ‘Preserve and Protect’ Assets Celsius Network is consulting with experts to try to reduce the fallout from its mid-June swoon.
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Who Is the Mystery Crypto Queen on the Run After an Alleged Scam? The FBI is offering anyone who helps arrest OneCoin co-founder Dr. Ruja Ignatova $100,000.
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Analysts identify 3 critical flaws that brought DeFi down Poor risk management, insufficient revenue and the overuse of leverage are the core reasons why DeFi is crumbling.
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On-Chain Indicator at 10-Year Lows Could Trigger Bitcoin (BTC) Reversal: InvestAnswers A popular crypto analyst is highlighting a key metric while assessing the future for Bitcoin (BTC) amid faltering markets.
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Bitcoin Price Poised to Close the Worst Quarter in the Last Decade Bitcoin sitting below $20,000 means that the asset is about to close its most violent quarter with a 60% decrease in the past three months.
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EU Watchdog Wants to Address Threat Crypto Assets Could One Day Pose to Financial System The European Systemic Risk Board is looking into measures and policies to address the potential threat that crypto assets could present to the global financial system.
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Cryptos That You Should Add to Your Portfolio Xchange Monster (MXCH) and Ripple (XRP) The way the world once operated is not how things are operating now, with technology evolving in ways we never would’ve imagined. Since 2008 when Bitcoin made a name for itself and shed light on the cryptocurrency market, it is now estimated that corporations and institutions will spend approximately 20 billion dollars on blockchain services by 2024.
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North Korean Hackers Reportedly Behind the $100 Million Harmony Exploit Elliptic reportedly claimed that the criminal organization which drained $100 million worth of crypto from Harmony was the Lazarus Group.
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Cardano's Vasil hard fork proposal submitted: Countdown commences Cardano community, set your reminders for the end of July as the testnet Vasil upgrade proposal is scheduled to take place soon, with the mainnet hard fork taking place in a few weeks.
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Microstrategy Buys More Bitcoin After SEC Says BTC Is a Commodity — Company Now Hodls 129,699 Bitcoins After the U.S. Securities and Exchange Commission (SEC) clarified that bitcoin is a commodity, Microstrategy bought the dip.
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North Korean Hacking Group Behind $100M Horizon Bridge Hack: Report Blockchain analytics firm Elliptic has traced the hack back to the Lazarus Group, a state-sponsored North Korean hacking organization.
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Ronaldo partners with Binance: Nifty Newsletter, June 22–28 Mark Zuckerberg announced that Meta is expanding its NFT testing on Instagram Stories with augmented reality software SparkAR.
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FTX CEO Sam Bankman-Fried Warns More Crypto Company Insolvencies Are Coming In a recent interview, FTX CEO Sam Bankman-Fried warned that some crypto exchanges are "secretly insolvent" and may soon fail.
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Michael Saylor's MicroStrategy Purchased Another $10M of Bitcoin Over Past Two Months The company disclosed the acquisition of another 480 bitcoins, bringing total holdings to 129,699 coins.
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Nubank’s BTC Trading Feature Fully Launched In Brazil Brazil’s largest digital bank, Nubank, has launched a program that will present citizens with the opportunity to buy Bitcoin through its platform.
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Battle-hardened Ronin bridge to Axie reopens following $600M hack As part of the revamped bridge design, Sky Mavis has updated the smart contract software to enable validators to set daily withdrawal limits, with the initial amount set at $50 million at this stage.
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Cardano: Is ‘Anti-Vasil’ hype overpowering ADA? The answer lies in… Cardano [ADA], the eighth-largest blockchain in the world has enjoyed huge attention from developers. According to data harvested from GitHub, Cardano registered the highest level of daily developer activity in 2021. The year 2022 also painted a similar picture with development activity in the fore. However, ADA’s price didn’t quite showcase the same scenario. Falling- […]
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Celsius Denies CEO Mashinksky Tried to Leave U.S. Celsius has denied that its CEO, Alex Mashinsky, attempted to leave the U.S. this week amidst the company’s liquidity crisis.
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If Solana [SOL] defends this zone, probability of a move higher would be high Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Despite the strong bounce from the $18k lows, Bitcoin [BTC] has a bearish outlook on the longer timeframe charts. In order to initiate a recovery, BTC would need to climb past the $23k mark […]
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Twitter User Accuses Nexo of Embezzlement Through Charity, Crypto Lender Denies Allegations A Twitter account has accused the co-founders of cryptocurrency lender Nexo of misappropriating funds from a charity platform.
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Bitcoin’s bottom might not be in, but miners say it ‘has always made gains over any 4-year period’ To mine, or not to mine, that is the question. Professional Bitcoin miners discuss the nuance of BTC mining and whether now is a good time to get started.
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Guarda Avoids $200K Crypto Scam All it takes is getting a hold of your personal information, and you get a call, text, or email offering good benefits for your money. Unfortunately, scam has become a regular illegal activity, which can happen to an individual or a large corporation. Put your money in a safebox in the train station or a bank account sent to you; you will neither hear from the scammers nor receive the huge benefits promised. We were no exception and recently faced a crypto scammer.
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ECB exclusive: Crypto payments 'not currently cost effective,' Amex exec says While American Express is taking cautionary steps in its crypto-approach, other card payment giants such as Mastercard and Visa have been on an expansion spree into NFTs and Web3.
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A Smart Tag for an NFT Safety Haven In 1634 Dutch investors went crazy over the flower bulbs of colorful tulips, their price increased disproportionately to their value. The period is known
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Terra Classic spiked 17.63% in last 24-hour; reason might comfort you Terra Classic [LUNC] HODLers woke up to a pleasant surprise on the morning of 27 June when the infamous hacker activist group known as ‘Anonymous’ announced that they are looking into Do Kwon’s crimes. Notably, the ‘Anonymous group earned its popularity for hacking and exposing corruption in governments and major corporations around the world. The […]
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Final Toncoin Mined Ahead of Transition to Proof-of-Stake From now on, new toncoins will only enter circulation by PoS validation, resulting in a decrease of new TON entering the network by about 75% to 200,000 daily.
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Cardano Pushes Out Final Node, Vasil Hard Fork On Schedule Input Output, which is a platform that drives the decentralised and smart contract platform Cardano, has now released the Cardano node 1.35.0. The Input
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Report: Morocco's Central Bank to Unveil Crypto Regulation Bill Soon The regulatory framework being worked on will result in Morocco’s money laundering and anti-terrorism financing regulations being upgraded.
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Ms. Crypto Goes to Washington The Lummis-Gillibrand bill represents a mainstreaming of crypto, even if it's unlikely to pass.
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Bitcoin’s short-term price prospects slightly improved, but most traders are far from optimistic Bitcoin’s derivatives metrics reflect slight improvements since the $17,600 low, but whales and market makers continue to price higher risk of another breakdown.
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Plataforma de pagos B2B Tribal se une a grupo de lobby Blockchain Association La compañía, enfocada en mercados emergentes, dijo que planea comprometerse con los reguladores y otros actores.
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Mark Zuckerberg Expects Billions of People to Use the Metaverse Generating Massive Revenue for Meta Mark Zuckerberg has shared how the metaverse will be a key part of his business and bring hundreds of billions of dollars in revenue.
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SEC Chair Gensler Proposes 'One Rule Book' Crypto Regulation The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has proposed "one rule book" for the regulation of crypto.
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Anatha founder addresses concerns around energy consumption, asset volatility Cryptocurrency usage raises very strong viewpoints, but how much is fact and how much is opinion?
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Cryptopedia: Learn the concepts behind stablecoins and how they work Cointelegraph video discusses stablecoins and how they maintain their price.
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A $1000 Investment In These Cryptocurrencies Could Make You A Millionaire Overnight Any investor should consider cryptocurrency as part of their portfolio. The technology being created with web 3.0 looks set to revolutionise the way we live our daily lives. With crypto still very much in its earliest days and only around 4% of the entire world's population invested, now could go down in history as one of the greatest ever times to start investing.
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Terra 2.0 Rebirth Plan By Do Kwon Passes Governance Vote Terra 2.0 goes live this Friday as rebirth plan passes governance vote.
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Terra Snapshot Expected This Week. Here’s How 'New' Luna Will Be Distributed The supply of tokens on the new blockchain will be just over 116 million, developers said.
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Crypto Investor and Influencer Arrested for Visiting Terra Founder Do Kwon's Apartment The unknown person visiting Terraform Labs' founder Do Kwon has been identified as a streamer called "Chancers" who lost $2.4 million in the LUNA crash.
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Low inflation or bust: Analysts say the Fed has no choice but to continue raising rates The Federal Reserve’s steady interest rate hikes have put stocks and crypto into bear market territory, but analysts worry about what happens if inflation still remains out of the “target range.”
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U.S. Senators Lummis and Gillibrand Set to Propose Crypto Oversight Bill Next Month The bipartisan duo hope their bill to establish guardrails around the digital assets industry could get votes as soon as next year.
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Stripe Partners With OpenNode to Allow Instant Fiat-to-Bitcoin Conversions for Businesses The new OpenNode app will launch on the Stripe App Marketplace in coming weeks.
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Last updated: 06.07.22
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