Category: News
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Central Bank of Bolivia Lifts Bitcoin Ban, Embracing Crypto in Financial System
The Central Bank of Bolivia has lifted its blanket ban on using Bitcoin and other cryptocurrencies in the NFS. This significant move opens the doors for integrating exchanges and other crypto service providers into the Bolivian economy. The institution has derogated a 2020 resolution that prohibited financial institutions from facilitating crypto-related payments. Central Bank of…
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Coinbase sues the SEC and FDIC
Coinbase is taking legal action after the SEC and FDIC denied information requests filed under the Freedom of Information Act (FOIA). The crypto exchange, through consultancy firm History Associates Inc, has sued the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) in a U.S. District Court for unfairly rejecting FOIA solicitations.…
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Marathon digital holdings diversify with Kaspa
Marathon digital holdings, one of the largest Bitcoin miners in the world, just released a statement disclosing they have mined Kaspa worth $15 million over a period of time. Marathon began mining Kaspa in September of last year after activating its first mining computer. The miner has purchased machines totaling 60 petahash in capacity, capable…
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AssangeDAO members seek transparency on $37M
Wikileaks founder Julian Assange was released from prison onTuesday and the members of an onchain DAO called AssangeDAO are calling for transaprency. AssangeDAO was created to raise funds for Assange’s defense and release and accumulated $37M. Following the release of WikiLeaks founder Julian Assange from Belmarsh prison on Tuesday, the token for AssangeDAO (JUSTICE) surged…
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Bybit Climbs to Second in Global Crypto Exchange Rankings
According to a recent Kaiko report, Bybit Exchange has surged to become the world’s second-largest cryptocurrency exchange by volume. This leap has seen it surpass Coinbase and closely trail behind Binance. Bybit’s Rise in Market Share Bybit’s market share has doubled from 8% to 16% since October. This growth is attributed to increased trading volumes…
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New Uptrend For DePIN Projects
Decentralized Physical Infrastructure Network (DePIN) projects have emerged as a significant innovation within the crypto ecosystem. These projects integrate blockchain technology with real-world applications. They create decentralized marketplaces and systems for computing power, energy management, telecommunications, and mapping. DePIN projects leverage incentivization systems powered by cryptocurrency. This promotes decentralized alternatives to traditional infrastructure services. The…
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Elon Musk Deep Fakes scam crypto users
A recently deleted livestream deceived viewers into depositing Bitcoin, Ethereum, and Dogecoin on a fake website. The five-hour stream, which had more than 30,000 viewers at its peak, featured semi-pixelated videos of Elon Musk. In one segment, Musk appeared to be hosting a live event for Tesla. This incident is part of a series of…
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Mt. Gox to Begin Repayments in July; Bitcoin Slides Under $60K
The defunct crypto exchange Mt. Gox will start distributing over 140,000 Bitcoin to victims of the 2014 hack in July 2024. The repayments, in Bitcoin and Bitcoin Cash, might add selling pressure to both markets. The Rise and Fall of Mt. Gox In its prime, Mt. Gox handled 70% of Bitcoin transactions worldwide. It was…
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JASMY Price Defies Market Trends
JasmyCoin ($JASMY) has recently defied the broader crypto market trends, showcasing a remarkable price surge. As many top altcoins mirrored Bitcoin’s consolidation, JASMY price surged by 12% on June 23, standing out as the top-performing token among the top 100 by market cap. Recent Performance Despite these fluctuations, JASMY managed to rebound, gaining momentum over…
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Mark Cuban’s Gmail Hacked
Billionaire investor Mark Cuban reported losing access to his Gmail account after falling prey to a hoax call, just months after more than $800,000 was stolen from his cryptocurrency wallet. “I got hacked at my mcuban@gmail.com because someone named Noah from 650-203-0000 called, claimed I had an intruder, and spoofed Google’s recovery methods,” Cuban wrote…