LFG
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10 months agoProspera ZEDE Incorporates Bitcoin as Official Unit of Account
The Honduran Special Economic Zone, Prospera ZEDE, has officially recognized Bitcoin as a unit of account, a significant milestone in the regional acceptance of cryptocurrencies. This announcement was made by Jorge…
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10 months agoBitcoin ETFs Nearing Approval: A Milestone in US Financial Market
Major U.S. exchanges are on the brink of approving the country’s first Bitcoin exchange-traded funds (ETFs), signaling a significant milestone in the cryptocurrency world. The advanced stage of Bitcoin ETFs, set t…
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10 months agoCrypto Malware 'Wallet Drainers' Steal $295 Million in a Year
In the ever-evolving world of cybercrime, a new form of malware, known as “Wallet Drainers,” has been making significant strides. This malware, discovered by Scam Sniffer, is deployed on phishing websites to tri…
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10 months agoDigital Currency Group Clears $1 Billion Debt, Retains Genesis Stake
Digital Currency Group (DCG), a venture capital firm, has successfully made a $700 million payment to its subsidiary, Genesis Global Capital (GGC). This payment settles short-term loans from the now-insolvent…
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10 months agoBitcoin ETF Approval May Trigger 'Buy the Rumor, Sell the News' Pattern
The financial community is on edge as it awaits the SEC’s decision on Bitcoin ETF filings. This has sparked speculation about the potential market impacts. The concept of “buy the rumor, sell the news” is being…
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10 months agoEthereum's Buterin Shuffles USDC Funds Amid Market Slump, Reveals 2024 Focus
Ethereum’s cofounder, Vitalik Buterin, recently made a significant transfer of USDC, a stablecoin pegged to the U.S. dollar. The Vitalik Buterin-labeled address moved 3,300 USDC in the early hours of today. The r…
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10 months agoCrypto Exchanges Adapt to New UK Regulatory Standards
In response to new regulations imposed by the UK government, several crypto exchanges are taking necessary steps to comply. The regulations, part of the Financial Services and Markets Act, now include firms dealing…
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10 months agoShiba Inu Announces New Staking Rewards on ShibaPunkz.art Platform
Lucie, the marketing lead for Shiba Inu, recently announced a unique opportunity for community members to earn on their holdings. The announcement, made on X (formerly Twitter), revealed the distribution of 2 LEASH…
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10 months agoEthereum Whales Accumulate Record ETH Amid Anticipated Price Growth
Ethereum whales have been consistently purchasing more of the altcoin, indicating their ongoing support. The buying activity has particularly escalated in recent weeks. On-chain data from Santiment shows that…
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10 months agoFTX Group Recovers $7 Billion Amidst Misuse of Customer Deposits
In a significant development, FTX Group has managed to recover approximately $7 billion in liquid assets. This recovery is a result of a challenging investigation that tested the determination and resilience of all…
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10 months agoSurvey Reveals Investment Advisors' Doubts Over Bitcoin ETF Approval
Optimism regarding a Bitcoin ETF is not as widespread in mainstream financial circles as it is within the online crypto community, as per recent survey results published by Bitwise. The crypto index fund provider,…
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10 months agoMetamask Controversy: Allegations Stir Demand for Crypto Transparency
The influence of cryptocurrency platforms is significant, and their operations can have far-reaching effects across the entire crypto landscape. The recent allegations against Metamask, a popular Ethereum wallet…
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10 months agoWall Street Expert Linda Jones Forecasts Bullish Future for XRP
Wall Street expert Linda Jones has recently expressed her bullish outlook on XRP, a digital asset created by Ripple. In a recent interview, Jones discussed the potential of XRP and the technological innovation…
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10 months agoCrypto Industry Awaits SEC Decision Amidst Market Changes and Challenges
The crypto industry is on tenterhooks as it awaits the SEC’s decision on Bitcoin ETFs. Asset management firm VanEck has pledged to donate 5% of the profits from its spot Bitcoin ETF (if approved) to support core B…
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10 months agoNigeria's cNGN Stablecoin Approval Sparks Adoption Rate Debate
The Central Bank of Nigeria (CBN) has approved the cNGN stablecoin, a new digital currency created by the Africa Stablecoin Consortium (ASC), a collaboration of Nigerian banks and fintechs. This move has sparked…
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10 months agoIOTA's Integration with CityBot Revolutionizes Logistics and Cryptocurrency Market
The cryptocurrency market is witnessing significant evolution, with IOTA making substantial progress. A key development is the integration of IOTA with CityBot, a project by the EDAG Group that offers a glimpse…
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10 months agoBitcoin Whales Profit as SOL, ETH Adjust and Pushd Enters Presale
Bitcoin (BTC) whales are gradually cashing in on their investments in anticipation of the forthcoming ETF approval. Solana (SOL) and Ethereum (ETH) have also witnessed a fair amount of profit-taking in the market.…
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10 months agoBloomberg Analyst Predicts High Approval Chance for Bitcoin Spot ETF
Renowned Bloomberg ETF analyst Eric Balchunas has reduced the likelihood of the US Securities and Exchange Commission (SEC) rejecting the launch of the Bitcoin spot ETF to a mere 5%. This updated prediction comes…
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10 months agoBlackRock to Cut Workforce Amid Anticipated Bitcoin ETF Approval
BlackRock, the world’s largest asset manager, is reportedly preparing to cut its global workforce in the coming days. This decision comes as the firm anticipates positive news from the US Securities and Exchange C…
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10 months agoDigital Currency Group Clears $1 Billion Debt, Including Genesis Payoff
The Digital Currency Group (DCG) has successfully paid off all short-term loans from its bankrupt subsidiary Genesis, as officially announced on January 6th. Over the past year, DCG has cleared more than $1 billion…
