Crypto

The United States Securities and Exchange Commission (SEC) has taken a significant step forward in the potential approval of spot Bitcoin exchange-traded funds (ETFs). Currently, the SEC is reviewing applications from six prominent companies, including BlackRock and Fidelity Digital Assets. This development has triggered excitement within the crypto space, as previous attempts to launch such
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Societe Generale’s cryptocurrency arm, SG Forge, has made history by becoming the first company to receive a regulatory license as a Digital Asset Service Provider from the French Financial Markets Authority (AMF). This monumental achievement marks a significant milestone in the cryptocurrency industry and solidifies SG Forge’s position as a pioneer in the crypto assets
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Blockchain analytics firm, IntoTheBlock, has recently conducted an analysis of on-chain data revealing that nearly 29% of all circulating bitcoins have remained untouched for over five years. This significant portion of unmoved assets has sparked discussions among analysts, suggesting the possibility of lost coins within the cryptocurrency ecosystem. Bitfinex, a major cryptocurrency exchange, also reported
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Cryptocurrency has served as a breeding ground for fraudulent schemes and scams, with the Austin family being the latest culprits apprehended by authorities in the United States. This father-son duo, Brandon and Eugene “Hugh” Austin, are facing charges of operating a significant cryptocurrency fraud, accused of embezzling more than $10 million from unsuspecting investors. The
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Binance, the leading cryptocurrency exchange in the world, is reportedly planning to lay off a significant number of employees as it confronts a legal dispute with US regulators. Although the CEO of Binance, Changpeng Zhao, has acknowledged the layoffs, he has disputed the reported figures concerning the terminated staff members. This article examines the situation
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The world of cryptocurrencies and non-fungible tokens (NFTs) has undoubtedly revolutionized various industries, offering new opportunities and avenues for investment and digital art. However, with the rise of these digital assets, there has also been an alarming increase in cybercrime targeting unsuspecting victims. One recent case that stands out is the alleged theft of cryptocurrencies
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Multichain, once a promising cross-chain router protocol, has found itself in a devastating situation. The company recently made the heart-wrenching decision to cease its operations due to a dire lack of operational funds. However, the financial struggles are not the only challenges faced by Multichain – its CEO, Zhaojun, is currently in police custody, adding
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Renowned author and entrepreneur Robert Kiyosaki has once again voiced his support for bitcoin, gold, and silver, highlighting their significance in the face of the US government’s policies. In a recent tweet, Kiyosaki emphasized that the wealthy individuals will continue to accumulate wealth, indicating his belief in the potential of these assets. While the US
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Attorneys representing Sam Bankman-Fried (SBF) have made a formal request to Judge Lewis Kaplan, seeking permission for select individuals to visit their client without the need for rigorous security checks. Currently, while SBF is allowed to reside at his parents’ residence in Palo Alto, California, he must comply with strict restrictions, including wearing an electronic
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