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Cryptocurrency
Binance Acquires Majority Shares of South Korean Crypto Exchange Gopax
On February 3, Binance announced its return to the South Korean market by acquiring a majority stake in Gopax, a cryptocurrency trading platform funded by Digital Currency Group. This marks the exchange’s re-emergence in this scene two years after initially leaving it. Although the Details of the Purchase Are Not Clear, Binance Has Bought a “Significant” Stake in Gopax To fuel this deal, Binance committed one billion dollars to…
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Cryptocurrency
Indonesia Aims To Establish A National Cryptocurrency Exchange By June
Indonesia‘s Ministry of Commerce announced its ambition to create a national cryptocurrency exchange by June 2023, six months ahead of the proposed December 2022 launch date. Various National Cryptocurrency Exchange Will Gather Under One Roof At the launch of Crypto Literacy Month in Jakarta on February 2, Commerce Minister Zulkifri Hasan proclaimed a new timeline for setting up the National Cryptocurrency Exchange. He mentioned that he actively evaluates firms to…
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Cryptocurrency
US Employment Data Causes Bitcoin to Drop
Today was a remarkable day for the US labor force with the release of highly anticipated US employment data that revealed an amazing 517 thousand job increase in January, far surpassing expectations of 185 thousand. This great news caused Bitcoin ‘s price to drop to $23,244 shortly after the announcement and remain at approximately 23K today. Why Are Markets Falling? The question on everyone’s mind is why Bitcoin and other…
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Cryptocurrency
VeChain Aims to Catch Up the Tide with “The HiVe”
VeChain recently released a Medium article introducing their exciting new launch, The HiVe. This sustainability and Web3-focused event is set to be the successor of VeChain’s 2019 summit with an ambition to spur collaboration within the Web3 community and accelerate sustainable progress in our world. Vechain The Hive Will Launch On February 2 The HiVe is officially launching its registration and landing pages on February 2, 2023 – for free.…
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Cryptocurrency
Chainalysis: “North Korean Hackers Stole Nearly $2 Billion In 2022”
In 2022, North Korean hackers stole a staggering $1.7 billion of cryptocurrency – quadrupling the country’s prior record for crypto theft in 2021 at $429 million. Shockingly, this amasses to 44% of the entire amount stolen from cryptocurrencies worldwide last year; according to blockchain analysis firm Chainalysis, it was “the biggest year ever for crypto theft.” North Korea Turns To Cryptocurrency Theft To Fund Its Nuclear Program Despite the country’s…
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News
This WhatsApp Feature Will Make Many People Unhappy
When WhatsApp was established in 2009, it took the world by storm and quickly became the most popular communication application. In 2022 alone, 424 million people downloaded this app, propelling it to reach one of the top three positions among all applications. Its success is evident from its users worldwide; after being acquired by Meta, WhatsApp has seen immense improvement across every dimension imaginable! Unfortunately, certain features offered by these…
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