kman
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1 year, 2 months agoVauld Appoints New CEO and Creditor Representative Amidst Struggles
Vauld, a Singapore-based cryptocurrency lending platform, has announced several changes, including the appointment of a new CEO. The bear market has had a significant impact on the company, leading to layoffs and…
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1 year, 2 months agoFed Chair Powell Cautions on Inflation, Markets Recover as Bitcoin Could Reach $148,000
Federal Reserve Chair Jerome Powell spoke today and in his Jackson Hole speech he cautioned that inflation remains too high and that the central bank remains open to raising rates further if needed. This has…
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1 year, 2 months agoDEA Loses $50K to Crypto Scammer in Address Poisoning Scheme
The U.S. Drug Enforcement Administration (DEA) was recently tricked by a crypto scammer, resulting in a loss of over $50,000 in USDT. The scammer used a technique known as address poisoning, which involves sending…
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1 year, 2 months agoHong Kong Exchange HashKey Secures Regulatory Clearance to Offer Bitcoin and Ethereum Trading for Retail Investors
HashKey, a prominent Asian cryptocurrency exchange, has recently secured crucial regulatory clearances, allowing them to offer retail customers the option to trade in two of the most dominant digital currencies:…
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1 year, 2 months agoDeFi Market Sees Mixed Week as Base and Optimism Unveil Shared Governance Framework
This week in DeFi saw developers behind Base and Optimism protocols join forces to create a revenue and governance sharing framework. Additionally, the $1.5 billion Multichain hack has seen some new evidence, and…
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1 year, 2 months agoTether Reports $3.3 Billion in Excess Reserves, Stablecoin Adoption Remains Strong
Tether, the stablecoin giant, has released a new transparency report that confirms its tokens are over 100% backed. The report states that Tether has $86.1 billion in assets and $82.8 billion in liabilities, with…
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1 year, 2 months agoBinance Removes Sanctioned Banks from P2P Exchange Amid Criticism
Binance, a crypto exchange, has removed two payment options from its peer-to-peer service after being criticized for using code words to represent sanctioned Russian banks. The payment options were listed on the…
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1 year, 2 months agoFed Chair Powell Warns of Possible Interest Rate Increases to Combat Inflation
Federal Reserve Chair Jerome Powell recently spoke at the Jackson Hole Economic Symposium, where he outlined the uncertainties surrounding the economic outlook and the possibility of further restrictive monetary…
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1 year, 2 months ago1inch Network and Base Join Forces to Expand DeFi Presence, Supported by Coinbase
1inch Network has recently deployed its aggregation protocol and limit order protocol on the Base network, an initiative supported by Coinbase. This project aims to broaden its presence in decentralized finance…
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1 year, 2 months agoDonald Trump Mugshot Sparks Surge in NFT Prices, Crypto Debate Heats Up Ahead of 2024 Election
Donald Trump’s nonfungible tokens (NFTs) surged in price after a photo of the former United States President was released as part of his criminal case in Georgia. Data from NFT marketplace OpenSea showed that the f…
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1 year, 2 months agoCoinbase and Optimism Collective Partner to Build 'Superchain Future'
Coinbase has announced a new Ethereum layer-2 scaling solution called Base, which will share a portion of its revenue with its development partner, the Optimism Collective. The Optimism Collective is a group of…
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1 year, 2 months agoIRS Proposes New Digital Asset Tax Regulations, Draws Criticism from Industry Advocates
The United States Internal Revenue Service (IRS) has proposed new regulations on the sale and exchange of digital assets by brokers. The proposed Form 1099-DA would simplify tax filing and help taxpayers determine…
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1 year, 2 months agoUS Consumption Remains Strong Despite Delinquency, Chinese Central Bank Intervention Examined on Macro Markets
The latest episode of Macro Markets featured Cointelegraph analyst Marcel Pechman discussing the strength of US consumption despite increasing auto-loan and credit card delinquency. Pechman believes that consumers…
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1 year, 2 months ago"Uniswap Surpasses Coinbase in Trading Volume, Signaling Growing Interest in Decentralized Exchanges"
Uniswap has become the premier decentralized trading spot for users since the beginning of 2023, surpassing Coinbase in terms of spot trading volumes. Uniswap facilitated up to $150 billion in trading volume in Q1…
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1 year, 2 months agoTreasury Department Proposes Tax Rules for Crypto Platforms
The U.S. Treasury Department has proposed new tax regulations for the cryptocurrency industry, which would require crypto businesses to report to the IRS in a similar fashion to traditional brokers. This would…
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1 year, 2 months agoNum Finance Launches nCOP Stablecoin to Tap Into Colombia's $6.5 Billion Remittances Market
Num Finance, a stablecoin issuer focused on the Latin America market, has launched a new stablecoin pegged to the Colombian Peso. The new stablecoin is dubbed nCOP and will be issued on the Polygon network, Num…
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1 year, 2 months agoProfessor Damodaran Changes Stance on Bitcoin Again: Labels it "The Currency That Nobody Uses"
Aswath Damodaran, a professor of finance at Stern School of Business at New York University, has recently expressed skepticism regarding bitcoin’s potential and current status. He views it as a currency that n…
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1 year, 2 months agoHong Kong Regulator Finds Benefits of Bond Tokenization in Project Evergreen Study
The Hong Kong Monetary Authority (HKMA) released a report on Aug. 25 detailing the findings of its Project Evergreen study which analyzed the market impact of bond tokenization. The report concluded that…
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1 year, 2 months agoAlleged Founder of PEPE Meme Coin Doxxed, Price Plummets 19%
Jeremy Cahen, the founder of Not Larva Labs, has revealed Zachary Testa as the alleged founder of the PEPE meme coin. This news has caused a 19% drop in the coin’s price within the last 24 hours.The speculation w…
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1 year, 2 months ago"Pyme Launches Innovative Platform to Revolutionize Investment in Web3 Companies and Empower Diverse Investors"
Pyme is a platform revolutionizing the investment landscape in the world of cryptocurrency and Web3 companies. It focuses on empowering individuals from diverse backgrounds and democratizing finance, connecting…
