Changpeng ‘CZ’ Zhao, the co-founder and former CEO of Binance, recently submitted a letter of apology to the court. In this letter, he expressed regret for his poor decisions and accepted full responsibility for his actions. Zhao acknowledged that he should have implemented compliance changes at Binance much earlier in his tenure, although he did
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The gaming industry is experiencing a significant transformation with the rise of blockchain technology. Traditional gaming models are being challenged by decentralized alternatives that provide players with true ownership of in-game assets and offer new revenue streams for developers. Beam, a gaming-focused subnet on the Avalanche Network, is at the forefront of this evolution, providing
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In the lead up to the Bitcoin Halving event, the price of BTC experienced significant fluctuations. However, following the event, the price rebounded and surged to $66,000, sparking optimistic forecasts from top cryptocurrency analysts about the coin’s trajectory. Captain Faibik, a respected cryptocurrency analyst and trader, has put forward an intriguing prediction, suggesting that Bitcoin
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Recent reports reveal that Nigerian authorities are ramping up their efforts to crack down on crypto trading in the country, specifically targeting peer-to-peer (P2P) platforms such as OKX, Binance, KuCoin, and Bybit. A circulating document on social media platforms has highlighted the Central Bank of Nigeria’s (CBN) directive to financial institutions to identify individuals or
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Meme coins have been taking the cryptocurrency market by storm in recent months, with significant price increases seen across various tokens. While stalwarts like Dogecoin and Shiba Inu have shown more conservative gains, newer players like Bonk Inu and dogwifhat are making waves with impressive price spikes. As of today, meme coins like Bonk Inu,
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As the crypto market remains relatively stable with major coins trading sideways, traders are turning their attention towards smaller, lesser-known altcoins that show potential for quick gains. Bitcoin, the dominant cryptocurrency, is trading within a range of $60,000 to $74,000, with limited price movement expected in the near future. With the S&P 500 rebounding on
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In a groundbreaking announcement, Jack Dorsey’s fintech company Block Inc. revealed the completion of its highly anticipated advanced Bitcoin mining chip. This development marks a significant milestone for the firm’s mining project and sets the stage for the future of Bitcoin mining technology. Block’s three nanometre (3mn) Bitcoin mining chip represents a leap forward in
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