Tag: crypto
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Mark Cuban Reiterates Dallas Mavericks’ Support for Dogecoin and Shares Crypto Insights
Cuban Stresses Ongoing Support for Dogecoin In a recent interactive session on the social media platform X, billionaire entrepreneur Mark Cuban and former principal owner of the Dallas Mavericks reiterated the NBA team’s unwavering support for Dogecoin. During the Ask Me Anything (AMA) event, Cuban clarified the Mavericks’ position on the meme-based cryptocurrency. He emphasized […]
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Enhanced Security Measures: Hong Kong Exchanges Exceed New Insurance Requirements
OSL Exchange Leads the Way OSL Exchange, a licensed virtual asset trading platform in Hong Kong, quickly adapted to the new requirement. Through a strategic partnership, OSL now offers insurance coverage for 95% of its users’ assets, exceeding the mandated 50% minimum. HashKey Exchange Ensures Comprehensive Protection HashKey Exchange, another licensed cryptocurrency exchange in Hong […]
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European Securities and Markets Authority Prioritizes Crypto Firms in EU, Drafts Guidelines
Guidelines Seek Clarity for Crypto Asset Firms The European Securities and Markets Authority (ESMA) has issued draft guidelines that prioritize crypto firms within the European Union (EU) over those based outside the bloc. These guidelines, published on Monday in a consultation paper, aim to provide clarity under the Markets in Crypto Asset (MiCA) rules enacted […]
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South Korean Cryptocurrency Hack Targets $11.58M in SSX Tokens
Security Breaches and Stolen Tokens In an official statement released by Somesing, the platform confirmed that it had experienced a security breach, resulting in the theft of 730 million SSX tokens. The severity of the situation becomes apparent when considering that 504 million of the stolen tokens had not yet been circulated. These tokens were […]
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Google’s Advertising Overhaul: Crypto Market Set for Revolutionary Boost
Bitcoin ETFs Poised to Benefit from Google’s Advertising Policy Change So, what does this revamped advertising empire mean for the crypto landscape? Whispers circulating within digital spheres suggest that Bitcoin ETFs stand to be the primary beneficiaries of this policy transformation. Envision this: investors engaging in the trading of shares within trusts containing substantial cryptocurrency […]
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Lucie Unveils Shibarium’s Strategic Growth Plan Amidst Market Volatility
Shibarium Gains Traction in the Cryptocurrency Community Since its launch in August 2023, Shibarium, the Layer-2 scaling solution within the Shiba Inu ecosystem, has quickly gained popularity in the cryptocurrency community. Numerous projects, including MARSWAP, ChewySwap, DogSwap, PunkSwap, Shibex, WoofSwap, LeetSwap, Woof Finance, BoneDex, and Ball Exchange, have expressed interest in joining the network. The […]
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Cautionary CFTC: Beware AI Crypto Scams Promising High Profits
Understanding the Risks and Limitations The CFTC’s advisory not only underscores the need for investor caution but also sheds light on the risks and limitations associated with AI-powered trading bots. While these bots are designed to leverage artificial intelligence for making trading decisions, they are not infallible. It is important for investors to recognize that […]
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Bitcoin Outflows Slow as New ETFs Garner Inflows, U.S. Market Leading
Bitcoin ETF Inflows Counterbalance GBTC Outflows While the outflows from Grayscale’s GBTC are substantial, the nine newly launched spot bitcoin ETFs saw inflows of $1.8 billion last week. The BlackRock IBIT led the influx with $744.7 million, closely followed by Fidelity’s FBTC with $643.2 million. Since their launch on January 11, these nine ETFs have […]
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Bitcoin’s ETF Flop Sparks Peter Schiff’s ‘I Told You So’ Taunts
A Dissatisfied ‘I Told You So’ From an Economist Bitcoin’s highly anticipated spot exchange-traded fund (ETF) launch in the United States did not meet the lofty expectations set by the cryptocurrency community. This disappointment has led economist and vocal Bitcoin critic, Peter Schiff, to take a moment of self-satisfaction and emphasize his reservations about the […]
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18 Senators Lead Pro-Crypto Movement, Shaping Future of Cryptocurrency in the US
Pro-Crypto Senators Spearhead Legislative Efforts According to Stand with Crypto, Senator Cynthia Lummis and Senator Ted Burr have emerged as the foremost advocates for cryptocurrency in the U.S. Senate. Lummis has been active in presenting eight crypto bills and delivering 184 public statements, while Burr has sponsored eight bills and made 24 public statements. Following […]