Cryptocurrency
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Paxos News Costs Binance Nearly $1 Billion
Yesterday, the cryptocurrency market trend declined after Paxos announced it would temporarily stop issuing Binance USD (BUSD). Despite recovering slightly around noon, Binance Coin (BNB) continued the week in a slump. Dune Analytics reported that on February 13th, a colossal fund outflow of almost $1 billion was observed from the Binance platform. US Regulators’ Actions Are Putting Pressure on Binance In recent weeks, the US regulatory bodies have initiated numerous…
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Will Bitcoin ATMs in the UK be Shut Down?
The Financial Conduct Authority (FCA) of the UK is clamping down on Bitcoin ATMs, deeming them unregulated and mandating that they be closed shortly. Bitcoin ATMs Must Be Registered and Submit to Anti-Money Laundering Rules. The British Financial Conduct Authority recently released an official statement requiring all cryptocurrency organizations–including Bitcoin ATMs–to be registered and comply with anti-money laundering policies. This is a direct message from the FCA, Britain’s financial enforcer.…
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The Graph (GRT) Rising: Up 55% in the Last 7 Days
In the last week, The Graph (GRT)’s crypto analytics token has seen an unprecedented 55% surge in value, becoming one of today’s hottest news stories. Extracts Data from 26 Blockchains The Graph has experienced tremendous growth and now boasts a market capitalization of $1 billion. Its complex infrastructure allows users to securely store on-chain data from over two dozen blockchains – including Ethereum, Moonbeam, and more! The crypto company derives…
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Tesla Still Holds Nearly 10,000 Bitcoins
Two years after Tesla invested in Bitcoin, the cryptocurrency is still 33% below its original purchase price – showing no signs of improvement. It’s time for Elon Musk and his company to take action if they want to see any return on their initial investment; currently, most of the profits are disappearing into thin air. Tesla Lost A Considerable Amount of Money in Its Bitcoin Investments Elon Musk’s declaration of…
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DCG Commenced Dumping its Grayscale Shares With Nearly 50% Discount! What Does it Mean?
As the business has started to sell off its Grayscale shares at over a 50% discount, the problems at Digital Currency Group (DCG) appear to be reaching a breaking point. Investors are worried about this decision since there has been much conjecture in the cryptocurrency world about how it would affect the market. What could be the Reason Behind DCG ’s Movement? After Genesis declared bankruptcy last month, it became…
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Brave Initiates a Partnership With Solana Regarding Mobile dApps, Expanding Their Reach
It has been the service provider’s job to make cryptocurrency usage as easy and effective as the adoption of cryptocurrencies like Solana continues to grow. In the most recent news, Brave and Solana have teamed together to promote cryptocurrency acceptance while maximizing its use. On February 7, Brave disclosed through a Twitter thread that it had partnered with the SOL network and that the browser now supports SOL mobile dApps. Also,…
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What is Shibarium?
Shibarium is a digital asset that is built on the Ethereum blockchain. It is a decentralized platform that enables users to trade, buy, and sell digital assets securely and transparently. Shibarium is a unique token in that it is based on the Shiba Inu meme, which has become popular in recent years. The popularity of this meme has led to an increase in demand for Shibarium, which has become a…
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New Developments in BonqDAO Hack: Hacker Stole $2 Million
The cryptocurrency world was shaken by the hacking of BonqDAO, a DeFi platform built on Polygon. After this development, while people eagerly awaited an explanation of the details of the hack from the authorities, that statement finally came. According to the statement, the hacker made a considerable amount of money from the hack, which he did with a tiny amount. 120 Million BEUR Were Stolen from BonqDAO On February 1,…
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Unlocking the Secrets of Lido DAO: What You Need to KnowDAO
Lido DAO is a decentralized autonomous organization (DAO) that has been making waves in cryptocurrency. It is a unique platform offering several benefits to its users, quickly gaining traction among cryptocurrency enthusiasts and investors. In this article, we will explore the secrets of Lido DAO and take a closer look at KnowDAO, What Lido Coin is, Lido Coin Founders, and Lido Coin Price. KnowDAO is a term used to describe…
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What You Need to Know About Solana Coin
Solana Coin, also known as SOL, is a cryptocurrency gaining popularity among investors and traders. It was created by Solana Labs, a San Francisco-based blockchain company, and aims to provide a fast and efficient platform for decentralized applications (dApps) and other blockchain-based solutions. In this article, we will explore the pros and cons of investing in Solana Coin and take a closer look at Solana (SOL) Coin, the Pros of…
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