Category: News
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Bank of Russia could legalize crypto for investors
The Bank of Russia is advancing plans to test cross-border crypto transactions for qualified investors. The central bank is considering legal amendments to create a new category of “particularly qualified investors,” allowing these individuals to trade digital currencies as Russia explores the use of cryptocurrencies for international trade. These developments follow an interview with Alexey…
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Polygon’s Discord Hacked—Admins Restore Control Amidst Cyber Scare
Polygon, a leading name in the blockchain space, faced a significant security breach when its official Discord channel was compromised. The incident, which raised alarms within the community, has been swiftly addressed by the platform’s security team, but not without causing considerable concern among users. The Breach: What Happened? In a recent cyberattack, Polygon’s Discord…
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Thailand Cracks Down on Illegal Bitcoin Mining Amid Power Outage Concerns
In a significant move against the backdrop of frequent power outages, Thai authorities have raided and seized an illegal Bitcoin mining facility west of Bangkok. The operation was pinpointed due to its excessive electricity consumption, believed to be a major contributor to the recent power disruptions experienced in local areas. Illegal Mining Facility Seized Thai…
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Telegram founder Pavel Durov reportedly arrested in France; $TON falls 14%
Telegram founder and CEO Pavel Durov has reportedly been arrested in France after getting off his private jet. The main reason for the arrest is being reported as his non-compliance to moderate content on his messaging platform. The charges include terrorism, money laundering, and more. There are reports of upto 20 years in prison for…
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Gate.io Teams Up with Inter as Official Sleeve Partner
Gate.io, one of the world’s top cryptocurrency exchanges, has officially partnered with FC Internazionale Milano, the reigning champions of Serie A. This collaboration marks a significant step for both entities, as Gate.io becomes the Official Sleeve Partner for Inter, starting from the 2024/25 season. A Partnership of Vision and Values This partnership will see Gate.io’s…
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Argentina to include Ethereum and solidity in high school education?
According to a post and report by Bankless on X, Argentina is set to include Ethereum and Solidity in high school education. The change is set to be put into actions in multiple schools across Buenos Aires city. This initiative is organized by the ETH Kipu Foundation in collaboration with Ministry of Education of the…
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Mt. Gox Initiates $75 Million Bitcoin Transfer to Bitstamp
In a noteworthy development, Mt. Gox, the once-dominant Bitcoin exchange that collapsed nearly a decade ago, has made a significant move by transferring $75 million worth of Bitcoin to Bitstamp. This transfer, reported within the past hours, has ignited widespread speculation and discussion within the cryptocurrency community. Transfer Details and Market Speculation The transfer took…
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Binance founder ‘CZ’ Zhao moved from prison to halfway house.
Former Binance CEO Changpeng Zhao (CZ) has been transferred from FCI Lompoc II prison to the RRM Long Beach halfway house in California. This move led to confusion among X (formerly Twitter) users, who mistakenly believed CZ had been released early. However, he is still serving his sentence. The RRM Long Beach facility is a…
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The Future of AI is Here: GPT Protocol Mainnet Goes Live!
Revolutionizing AI with Blockchain Integration After months of tireless development and innovative breakthroughs, the much-anticipated GPT Protocol Mainnet has officially launched, marking a pivotal moment in the evolution of decentralized artificial intelligence. This launch represents a significant leap forward in the journey to create a secure and scalable ecosystem for on-chain AI applications. Empowering Developers…
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McDonald’s insta page hacked to rug pull $700k on Solana memecoin
McDonald’s Instagram profile was hacked, leading to the promotion of a scam memecoin called GRIMACE on the Solana blockchain which had a rug pull later. The memecoin quickly amassed a $25 million market cap within two hours before it was rug-pulled, losing over 95% of its value. The scammers, identifying themselves as “India_X_Kr3w,” claimed to…