German authorities have recently made a significant move by confiscating $28 million in cash and 13 crypto ATMs in a coordinated nationwide operation. This action, led by the Federal Financial Supervisory Authority (BaFin), aims to combat unlicensed activities within the rapidly expanding crypto market in the country. The operation, carried out in collaboration with law
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Shaquille O’Neal, the legendary basketball player, is currently facing a class action lawsuit in connection with his involvement in the Astrals NFT project. The lawsuit alleges that Astrals promoted unregistered securities, leading to financial losses for investors. The court has ruled that O’Neal could be considered a ‘seller’ of Astral NFTs, but dismissed the claim
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The cryptocurrency market witnessed a surge in meme coins, particularly cat-themed meme coins, leading to a rally that pushed the sector’s market capitalization above $40 billion. This surge comes after a prolonged period of underperformance in the meme coin sector, with many assets charting impressive gains. Popcat (POPCAT), Mog Coin (MOG), and Cat in a
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Samuel Edyme, also known as HIM-buktu, is not your typical crypto enthusiast. His entry into the world of cryptocurrency was not marked by success, but rather by a scam that lured him in with promises of quick riches. Instead of being discouraged, Edyme used this experience as a learning opportunity, diving deep into the intricacies
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The challenging crypto market has not spared Ethereum (ETH), the second-largest cryptocurrency. Despite its position, Ethereum has been facing significant challenges in recent weeks, with its price failing to show any signs of a sustained recovery. Crypto analyst Ali Martinez highlighted that some of the largest Ethereum whales, holding over 10,000 ETH, have been steadily
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