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Bitcoin, Ethereum Technical Analysis: BTC, ETH Plunge, as Profit Takers Swoop In

October 3, 2023 0

Bitcoin retreated from a multi-week high on Tuesday, after cryptocurrencies entered overbought territories. Traders have seemingly opted to capture recent profits, ahead of key data points later this week. Ethereum slipped below $1,700. Bitcoin Bitcoin (BTC) edged below the $28,000 level during

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Lido, Coinbase, and Rocket Pool Corner 89% of Ethereum’s Booming $20 Billion Liquid Staking Market

October 3, 2023 0

Since 2020, applications for liquid staking on the Ethereum blockchain have seen steady growth, and as of the first week of October 2023, a total of 23 liquid staking derivatives (LSD) platforms hold 12.4 million ether, valued at over $20 billion. Currently, the top three LSD protocols hold sway over 11.041 million ETH, accounting for […]

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Worldcoin Kenya Controversy: Cabinet Secretary Blasted for Inconsistent Statements About Project’s License Status

October 3, 2023 0

A Kenyan parliamentary committee tasked with investigating Worldcoin’s activities in the African country has reportedly censured a government official over his inconsistent statements about Worldcoin’s license status. The committee also said it found that Worldcoin’s “Orbs” were not approved by the Communications Authority of Kenya as required by law. Worldcoin Allegedly

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Russian Banker States SWIFT ‘Needs to Be Killed’

October 3, 2023 0

Andrei Kostin, head of the VTB Bank, one of the biggest banks in Russia, has stated that the Society for Worldwide Interbank Financial Telecommunication (SWIFT), the standard messaging system for fiat payments, “needs to be killed.” Kostin remarked that the actions of the U.S. and its use of the dollar have awakened fears in other […]

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Bank of Russia Digital Ruble Pilot Update: ‘Everything Going as Planned’

October 3, 2023 0

The Bank of Russia offered an update about the state of the digital ruble, the Russian central bank digital currency (CBDC), which is currently in a nationwide pilot. Elvira Nabiullina, governor of the Bank of Russia, stated that the pilot was “going as planned” and that more participants and use cases would be added next […]

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Report: Victims of South African BTC Scam Set to Receive Portion of Invested Funds

October 3, 2023 0

Some investors who invested in the South African bitcoin pyramid scheme MTI are set to receive part of their money back once a court rules on how liquidators are supposed to handle claims. Liquidators expect to make more than one payout to affected investors while the process itself is expected to last between two and […]

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Coinbase Obtains License From Singapore’s Central Bank — Crypto Exchange Sees Singapore as ‘a Vital Market’

October 3, 2023 0

The Nasdaq-listed crypto exchange Coinbase has obtained a license from Singapore’s central bank, the Monetary Authority of Singapore (MAS), to provide services to both individuals and institutions. “We’ve identified Singapore as a vital market for Coinbase,” the crypto exchange emphasized. “The nation’s progressive economic strategies and approach to regulation sync well

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SEC and 5 Other US Regulators Issue Crypto Investment Warnings

October 3, 2023 0

The U.S. Securities and Exchange Commission (SEC) and several other top financial regulators have issued several warnings regarding investing in crypto assets as part of this year’s World Investor Week. “The risk of loss for individual investors who participate in transactions involving crypto assets, including crypto asset securities, remains significant,” the regulators

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UK Government Urged to Review Chase Bank’s Policy to Decline Crypto Payments

October 3, 2023 0

Bitcoin Policy UK has urged the British government to review Chase Bank’s policy to decline all crypto payments. “It is, of course, the stated policy of this Government that the U.K. become a crypto asset hub, but it is hard to square this policy aim with the actions of this U.K.-regulated bank,” the crypto advocacy […]

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Free Talk Live Co-Host Ian Freeman Sentenced to 8 Years for Running Unlicensed Bitcoin Business

October 2, 2023 0

Following his conviction for unlicensed money transmission, money laundering, and tax evasion at the close of December 2022, Keene dweller, libertarian activist, and Free Talk Live co-anchor, Ian Freeman has been sentenced to eight years behind bars this Monday. His fellow Free Talk Live co-host, Mark Edge, explained that an appeal is poised to trail […]