Global cryptocurrency exchange Binance has signed a memorandum of understanding (MoU) with the Financial Monitoring Agency of the Republic of Kazakhstan as a part of its global law enforcement training program. The program, which involves officials from regulatory and law enforcement organizations worldwide, aims to strengthen industry cooperation with national and international law enforcement in …
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The crypto industry has been accompanied by scams and fraud since the moment Bitcoin first received its value. Over the years, the amount of fraud in the industry kept growing with the prices and the interest of the population. Some of these cases have even managed to go undetected for a long time, such as …
Continue reading “India’s investigation agency ED froze $1.6m in BTC tied to a gaming app fraud”
The prolonged bear market, which grew into a full-scale crypto winter, has had a major domino effect on the crypto market throughout the year. So far, it has caused ecosystems to collapse, prices to crash down to a fraction of the height they had seen a year ago, and, apparently, it even impacted the Bitcoin …
Continue reading “Nearly 800 Bitcoin ATMs were pulled off from the global network this year”
SWEAT is a new cryptocurrency introduced by the move-to-earn platform Sweatcoin. Users can mint the token by simply banking their steps on the app every day. Best part is, it costs little to nothing to start earning SWEAT. On September 13th, Sweatcoin, the highly popular mobile fitness app, launched SWEAT – a new cryptocurrency that …
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The United States Department of Justice (DOJ) objected to Celsius’ motion to restart withdrawals for select customers and sell its stablecoin holdings. Other authorities in the United States have also objected to Celsius’ motion and wish for any critical decisions to take place only after an independent examiner report. The DOJ has taken multiple steps …
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The price actions of multiple altcoins show how the demand zones are giving way to the pressure created by the influx of sellers. Bears are currently dominant in the market. Few coins have managed to rival the overall market. The Reserve Right bulls are currently antagonistic to the overall bearish trend. Other coins like the …
Continue reading “Price Prediction for October 3: LUNC, MKR, RSR, LUNA, and TRX”
Multiple cryptos are making significant countertrend moves. The bullish structural shift witnessed on these coins reveals the daring attitude of bulls in the overall bearish wave. Just like the repeated occurrences, their vigor seems to last only a short time due to the unyielding will of bears to sink the prices. The Quant and Chiliz …
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The crypto strategist who nailed the end of the crypto bull market last year says Bitcoin (BTC) could be days away from witnessing extreme volatility. Pseudonymous analyst Pentoshi tells his 614,600 Twitter followers that he’s keeping a close eye on Bitcoin’s trading volume, which he notes is seeing significant increases across crypto exchanges. “Big move …
After the Ethereum network’s transition to proof-of-stake (PoS), staking Ether (ETH) now plays a central role in validating blocks and securing the network. However, some community members believe that the staking process is too difficult, especially for regular people. In the Ethereum subreddit, a member of the community raised the topic of ETH staking and …
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Rich Dad’s best-selling author A U.S. dollar crisis may happen by January, according to Poor Dad, who has recommended buying Bitcoin and two other commodities. As the US currency strengthens and interest rates continue to rise, businessman and best-selling author Robert Kiyosaki has referred to Bitcoin (BTC), silver, and gold as a “buying opportunity.” The …
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FTX CEO Sam Bankman-Fried said his firm would pay a “fair market price” for Celsius’ assets if it gets involved in the bankrupt lender acquisition process in an Oct. 2 tweet. to be clear — in Voyager, our bids are generally determined by fair market price, no discounts; goal isn’t to make money buying assets …
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A spokesperson for Mashinsky said the withdrawals were made for tax payments. 2 min read Updated: October 3, 2022 at 9:52 am Cover art/illustration via CryptoSlate Celsius Network’s founder Alex Mashinsky reportedly withdrew $10 million from the struggling crypto lender a few weeks before the firm froze its customer funds and filed for bankruptcy, the …
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The total cryptocurrency market cap saw net outflows totaling $15.67 billion. As of press time, it stood at $927.74 billion, down 1.7% over the last three days. Bitcoin’s market cap fell 1.2% over the reporting period to $368.28 billion from $372.89 billion. Meanwhile, Ethereum’s market cap was down 2.9% to $158.53 billion from $163.27 billion. …
Global banking regulation standard Basel Committee’s latest report estimates the global bank exposure to crypto to be at 0.01%, as the 19 largest financial institutions hold €9.4 billion worth of crypto, which equates to 0.14% exposure. The report took the crypto asset data from 16 Group 1 banks and three Group 2 banks. Ten of …
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Bitcoin’s reputation as a safe haven asset has long been disputed by the world of traditional finance. Its lack of centralized control, extreme price volatility, and novelty made it hard to categorize as inflation-proof or recession-proof. However, in the past year we’ve seen that in times of uncertainty, investors keep choosing Bitcoin over fiat. Inflation …
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