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1 year, 9 months ago
The Battle for Financial Freedom: Decentralized Cryptocurrencies vs Central Bank Digital Currencies
Charles Hoskinson, the CEO of Input Output Global and creator of Cardano (ADA), has highlighted the growing conflict between decentralized cryptocurrencies and Central Bank Digital Currencies (CBDCs). In an…
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1 year, 9 months agoBitcoin Advocate Jimmy Song Discusses the Impact of COVID-19 on Bitcoin Adoption and the Rise of CBDCs
Jimmy Song, a prominent figure in the Bitcoin community, recently discussed various topics related to Bitcoin during the Bitcoin Conference 2023 in Amsterdam. He highlighted the skepticism surrounding government…
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1 year, 9 months agoPro-XRP Legal Expert Criticizes SEC's Credibility and Calls for Judicial Oversight
Pro-XRP legal expert John Deaton has criticized the US Securities and Exchange Commission (SEC) for its lack of credibility. Deaton disagreed with the SEC’s statement that it is the best source of information a…
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1 year, 9 months agoRapper Nelly's Twitter Account Hacked for Phishing Crypto Investors
American rapper Nelly’s Twitter account, Nellio X, has been hacked and used to lure crypto investors into phishing schemes. This comes as reports show a rise in crypto hack attacks, with over $700 million stolen i…
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1 year, 9 months agoSEC Shows Positive Shift in Attitude Towards ARK Invest's Bitcoin ETF Application, Says CEO Cathie Wood
ARK Invest CEO Cathie Wood believes that the U.S. Securities and Exchange Commission (SEC) is showing a change in attitude towards the firm’s application for a Bitcoin exchange-traded fund (ETF). Wood states that t…
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1 year, 9 months agoFantom Foundation Loses Nearly $1 Million in Crypto Hack via Google Chrome
The Fantom Foundation, a blockchain platform, has fallen victim to a security breach resulting in the loss of nearly a million dollars in cryptocurrencies. The hack, which was confirmed by blockchain security…
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1 year, 9 months agoBinance CMO Highlights Crypto's Empowering Potential but Questions Public Trust
Binance’s Chief Marketing Officer (CMO) recently praised the ability of cryptocurrencies to give people control over their finances. However, the CMO also expressed concerns about the state of public trust in the c…
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1 year, 9 months agoVitalik Buterin Clarifies Recent Cryptocurrency Transfers Were Donations, Not Personal Sales
Ethereum co-founder Vitalik Buterin has denied recent reports suggesting that he has been selling Ethereum (ETH) and other cryptocurrencies for personal gain. In a statement, Buterin clarified that the recent…
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1 year, 9 months agoEthereum Founder Vitalik Buterin Clarifies Large ETH Transfers as Charitable Donations
Ethereum founder Vitalik Buterin has addressed concerns regarding recent transfers of digital assets from his crypto wallet. Buterin explained that the large-scale ETH transactions were not sold by him but were…
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1 year, 9 months agoEthereum Co-Founder Vitalik Buterin Clarifies ETH Transfers as Donations, Not Asset Dumping
Ethereum co-founder Vitalik Buterin has refuted claims that he is dumping his ETH holdings, stating that he has not sold the digital asset for personal gain since 2018. Recent reports suggested that Buterin was…
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1 year, 9 months agoCryptocurrency Exchanges and Businesses Flock to Middle East's Crypto Oasis
Major cryptocurrency exchanges and businesses are flocking to the Persian Gulf region, attracted by the progressive regulatory frameworks in countries such as Dubai, according to Alex Chehade, the general manager…
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1 year, 9 months agoEuropean Union Adopts DAC8, Enabling Tax Monitoring of Cryptocurrency Transactions
The Council of the European Union has officially adopted the eighth iteration of the Directive on Administrative Cooperation (DAC8), a cryptocurrency tax reporting rule. This regulation, which follows the enactment…
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1 year, 9 months agoSEC's Proactive Stance Fuels Hope for Spot Bitcoin ETF Approval
The US Securities and Exchange Commission (SEC) is showing increased communication with applicants for spot Bitcoin exchange-traded funds (ETFs), a departure from its usual silence on the matter. This comes after…
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1 year, 9 months agoEU Implements Directive to Enhance Collaboration on Crypto Tax Data Sharing
The European Union (EU) has implemented a new directive aimed at enhancing collaboration among member states regarding the sharing of tax data related to cryptocurrencies. This move is intended to strengthen the…
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1 year, 9 months agoBlackRock CEO Larry Fink: Bitcoin Emerges as Safe-Haven Asset Amid Geopolitical Turmoil
BlackRock CEO Larry Fink believes that Bitcoin and other cryptocurrencies are now seen as safe-haven assets in times of geopolitical uncertainty. Fink suggests that the recent rally in Bitcoin’s price indicates t…
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1 year, 9 months agoReddit Ends Community Points Program Due to Scalability and Regulatory Concerns
Reddit has decided to end its Community Points initiative, which rewarded high-quality posters with Ethereum-based tokens. The website cited a lack of scalability and high costs as the reasons for discontinuing the…
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1 year, 9 months agoCoinbase Strengthens Efforts to Combat Illicit Use of Cryptocurrencies
Coinbase, a leading cryptocurrency exchange, has reaffirmed its commitment to combatting the illicit use of cryptocurrencies. The company has implemented a robust compliance program that includes Know Your Customer…
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1 year, 9 months agoHong Kong's Public Confidence in Cryptocurrency Plummets After JPEX Scandal: Survey
Public sentiment towards cryptocurrency in Hong Kong has declined following the JPEX crypto exchange scandal, according to a survey conducted by The Hong Kong University of Science and Technology’s business s…
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1 year, 9 months agoReddit to Shut Down Blockchain-Based Rewards Service "Community Points" Due to Scalability Concerns
Reddit has announced that it will be shutting down its blockchain-based rewards service called “Community Points” due to scalability concerns. This decision has caused the value of Reddit tokens, MOON and BRI…
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1 year, 9 months agoFTX Founder's Trial Uncovers $230M in Political Donations and $9B Customer Refund Proposal
Nishad Singh, the former director of engineering at FTX, faced intense cross-examination during the tenth day of the Sam Bankman-Fried (SBF) trial. Singh, who has pleaded guilty to fraud and conspiracy charges,…
