In a Sept 18 meeting that took place in the city of Mersin with students from 81 provinces, Turkey’s President Recep Tayyip Erdogan said that the country was at war with cryptocurrencies. President Erdogan asserted that the country has no problem with the spread of digital assets but that
A few days ago, SushiSwap suffered a supply chain attack on its token platform (MISO). This led to the loss of 864.8 ETH (worth about $3 million) from the ‘Jay Pegs Auto Mart’ token auction contract. Interestingly, a few hours later the hacker almost completely emptied his address (according
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The social network industry is always innovating and harnessing the latest technology to reach more eyes and ears (users). With every great innovation comes curtains hurdles, and the social media industry has its fair share of all these. Things like digital piracy, inaccurate royalty distributions, erroneous data generation, fraudulent content,
Bitcoin & Ethereum * Zimbabwe’s Finance Minister urged citizens to embrace Bitcoin payments. * In a bid to become a safe haven for cryptocurrency activities, the El Salvadoran government will exempt foreign investors from paying taxes on their Bitcoin profits. * Business intelligence firm MicroStrategy splashed another $242 million on Bitcoin. * A
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Decentralized finance (DeFi) has been dubbed to disrupt the traditional financial system, but it appears to be doing more than that. With DeFi, people have the opportunity to create the next generation of economic structures that will allow anyone from around the world to participate in revolutionary product developments that
Recent reports reveal that El Salvador’s Court of Accounts is gearing up for an investigation into the government’s Bitcoin investment following a complaint. On 10 September, a complaint was filed by the regional human rights organization Cristosal, prompting the investigation. The Court of Accounts is expected to impose
According to a Bloomberg report, the U.S. Commodity Futures Trading Commission (CFTC) has intensified its probe into Binance for suspected market manipulation. U.S. authorities are examining possible insider trading and market manipulation at cryptocurrency exchange Binance https://t.co/qFg9aA5kzG — Bloomberg Crypto (@crypto) September 17, 2021 While Binance
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According to data from Coin ATM Radar, El Salvador now has the third-largest network of crypto ATMs after the United States and Canada. The Central American nation accounts for 70% of all crypto ATMs in South America. El Salvador is also ahead of the United Kingdom in its crypto ATM
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Nano Labs LTD, a company keen to provide infrastructure solutions for the metaverse, has raised tens of millions of dollars. Yongwan Capital Leads Funding In a press release on September 15, it's reported Yongwan Capital spearheaded the funding round with participation from Hashkey and other investors. Funds would
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The prospect and potential of non-fungible token (NFT) technology in the blockchain ecosystem is massive. There have been many projects leveraging the power of these NFTs to scale in the blockchain market. TOMI is one of these projects maximizing the potential of NFT technology to serve its users even better.
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EpicHero is the biggest 3D NFT War Game on the Binance Smart Chain Network. Collect and build an unstoppable force of characters by choosing from your favorite heroes from Greek, Norse, China, Japan, Egypt, India and Roman Mythology. Users can summon, merge and evolve thousands of Collectable Epic Hero Battle
The United States government might be imposing stricter restrictions on the crypto market as reports suggest that it will soon categorize stablecoins as a risk. According to a Bloomberg report on Thursday, US Treasury officials have declared Tether and other stablecoins as a significant concern. Stablecoins have been labeled as
Decentralized finance protocol SushiSwap has suffered an exploit on its token platform (MISO). The attacker made away with 864.8 ETH, currently worth $3 million. The incident was first revealed to the public by the Chief Technology Officer of SushiSwap Joseph Delong, who tweeted: The Miso front end has become
According to data from market research and data specialist firm KLA, about 25 percent of South African adults hold Bitcoin, with 36 percent planning to invest in cryptocurrencies in the future. KLA’s account manager, Tessa Nowosenetz said: According to our data and a recent survey completed on the topic
The Chinese government has added a new dimension to its campaign against cryptocurrencies. Officials are now inspecting laboratories and educational facilities to uncover disguised miners. The new surveillance sweep targets crypto miners who in light of the intense crackdowns on mining operations went undercover as data researchers and educational or
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A handful of asset management companies have shown interest in offering their clients exposure to cryptocurrencies via regulated exchanges. This has rapidly increased the number of crypto-focused ETF applications in the US. According to a September 14 SEC filing, SkyBridge Capital has joined the long list of firms that are