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The rise of the digital age has revolutionized the way businesses connect with consumers. Walmart, a retail giant synonymous with physical stores, recognizes the importance of embracing new avenues to engage with customers. As the lines between physical and virtual spaces become increasingly blurred, the metaverse, with its interactive 3D environments, offers immense potential for
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In a shocking revelation, Hong Kong-based cryptocurrency exchange CoinEx announced that hackers managed to steal over $70 million worth of tokens due to compromised private keys. This devastating security breach has left the platform scrambling to regain control and seek ways to recover the lost funds. CoinEx representatives have provided further insight into their ongoing
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Bitcoin has experienced an upward trend since dropping below $25,000 in mid-September. The recent rally, reaching $27,435, showcased a 10% increase from the local low. However, despite this positive movement, there are mixed signals in the market that require caution and careful consideration. Glassnode’s Realized HODL Ratio (RHODL) serves as a crucial indicator for market
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The Securities and Exchange Commission (SEC) has been closely monitoring the cryptocurrency industry, expressing concerns about its lack of regulation. This regulatory body considers many cryptocurrencies as securities, subjecting them to federal securities laws. While this has resulted in increased scrutiny and enforcement actions against unregistered securities offerings, it has also led to heated debates
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The FinTech Festival Asia (FTF) 2023 is set to be an extraordinary event that will highlight the ever-evolving industry of FinTech and showcase groundbreaking innovations that will shape the financial landscape of tomorrow. This highly anticipated event will take place on September 27th and 28th at the prestigious Royal Paragon Hall in Bangkok, Thailand. The
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The once-prominent cryptocurrency exchange, Binance.US, has experienced a significant decline in its weekly trade volume, dropping from nearly $5 billion to a mere $40 million, according to crypto data firm Kaiko. This precipitous decrease can be attributed in part to the legal troubles faced by the exchange, particularly the charges filed against it by the
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The crypto market has experienced a significant decline in exchange-traded products (ETPs) over the past nine weeks, as reported by asset manager CoinShares. This downward trend reflects negative sentiment towards cryptocurrencies, impacting both Bitcoin (BTC) and Ethereum (ETH) funds. ETPs are designed to track crypto prices and serve as an accessible investment avenue for traditional
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The New York State Department of Financial Services (NYDFS) has introduced a set of stringent requirements for virtual currency businesses operating in the state. These new regulations, announced on September 18, primarily focus on delistings of cryptocurrencies. Superintendent Adrienne Harris highlighted the need for such measures, stating that the NYDFS wants to provide entities with
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Canadian fintech corporation, WonderFi, backed by billionaire Kevin O’Leary, recently announced a strategic partnership between Bitbuy and cryptocurrency ATM provider Localcoin ATM. This partnership aims to strengthen Localcoin’s crypto ATM offerings throughout Canada by leveraging Bitbuy’s exchange platform and its deep liquidity. WonderFi’s press release highlights that Bitbuy, the first cryptocurrency exchange to receive full
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The recent lawsuit launched by the Securities and Exchange Commission (SEC) against Binance.US, the US entity of the leading cryptocurrency exchange Binance, has sent shockwaves through the crypto industry. Similar to the well-known Ripple case, the legal proceedings are becoming increasingly complex and uncertain. One of the latest issues stemming from the courtroom is a
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The operating room at Shwe La Min Hospital witnessed a groundbreaking event last week – a convergence of professionals to explore the vast possibilities of global healthcare collaboration through technology. Spearheaded by Veyond Metaverse, the Veyond Connect platform served as the catalyst for this experiment, connecting surgeons from Yangon to Paris. However, this was not
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