The recent report from the Commodity Futures Trading Commission (CFTC) sheds light on a critical issue within decentralized finance (DeFi) systems. The report highlights the absence of clear lines of responsibility and accountability deliberately overlooked by certain industry structures. While acknowledging the immense potential of the DeFi sector, the CFTC emphasizes the substantial risks it
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The Financial Services Commission (FSC) of South Korea has expressed concerns regarding domestic securities firms that broker overseas-listed Bitcoin spot exchange-traded funds (ETFs). In a notice released on January 12, the regulatory body acknowledged the emerging regulatory regime for the crypto industry in the country but warned that the brokerage services for these foreign ETFs
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Accurately predicting price movements has always been a challenge for investors and traders in various markets. The complexity and volatility of markets often lead to high uncertainty, even for seasoned professionals. However, a new ray of hope has emerged in the form of artificial intelligence (AI). Advanced machine learning algorithms have the potential to analyze
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In this digital age, where data is king and cyber threats loom around every corner, it is important to stay vigilant. The recent hack of major crypto data aggregator Coingecko serves as a sobering reminder of the ever-present danger lurking in the online world. This article delves into the details of the Coingecko hack, highlighting
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Bitcoin, the largest digital asset, experienced a momentous day on January 10, 2024, as the US Securities and Exchange Commission (SEC) finally approved spot exchange-traded funds (ETFs) tracking its performance. This long-awaited green light signaled a significant milestone for the cryptocurrency industry. However, the approval did not come without its fair share of hiccups, leading
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