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In an unusual move, a major South Korean golf tournament is offering the winner a prize paid out in cryptocurrency tokens. The upcoming Wemix Ladies Professional Golf Association Championship will award its victor one million tokens of the WEMIX cryptocurrency, currently valued at over half a million US dollars. This
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The crypto market sits on the precipice of an unprecedented and potentially chaotic decoupling, according to a startling new analysis. Coinbase's CEO Brian Armstrong revealed the platform will finally integrate Bitcoin's lightning network, following criticism for ignoring the technology that enables faster and cheaper BTC transactions.
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In a development that signals a new era for institutional crypto trading, Talos has announced the launch of options trading on its platform through a strategic partnership with Deribit. This integration with the world's largest digital asset options exchange provides Talos clients with access to unparalleled liquidity, enabling
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The crypto winter has arrived with vengeance, freezing venture capital and innovation across the industry. But the ice may be thawing in Asia, according to major investment firm Pantera Capital. Pantera managing partner Paul Veradittakit announced at the Token 2049 event in Singapore on Wednesday that the company is increasing
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The crypto world held its breath today as troubled exchange FTX scrambled to modify its controversial proposal to liquidate billions in Bitcoin and crypto assets. With the revised plan set for review in a Delaware courtroom, the markets eyed the proceedings warily, awaiting a decision that could rock the already
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In a contentious session with the House Committee on Banking, Housing and Urban Affairs on Tuesday, SEC Chair Gary Gensler made statements about cryptocurrency regulation that could have wide-ranging implications for investors, developers and companies in the crypto space. While crypto took a backseat to other topics during the hearing,
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OneCoin co-founder Sebastian Greenwood has been sentenced to 20 years in prison for his role in promoting a global cryptocurrency pyramid scheme that swindled investors out of $4.3 billion. But his elusive accomplice, "crypto queen" Ruja Ignatova, remains at large five years after vanishing when the scam
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PayPal has taken a giant leap forward in embracing Web3 and crypto payments with the launch of new On and Off Ramps for digital asset transactions. This groundbreaking development will significantly expand access to cryptocurrencies and streamline the process of buying and selling crypto in the U.S. But what
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A social engineering hack of Vitalik Buterin's phone number led to a crypto scam tweet from the Ethereum co-founder's Twitter account, draining hundreds of thousands in digital assets from followers who linked wallets to a fraudulent site. But how exposed are Web3 finances if a phone
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Asset management titan Franklin Templeton has entered the high-stakes race to win regulatory approval for a spot bitcoin exchange-traded fund (ETF) in the U.S., joining heavyweight competitors like BlackRock and Fidelity. With $1.5 trillion in assets under management, will Franklin Templeton have what it takes to cross the
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A perfect storm of negative news has driven the prices of major cryptocurrencies like Bitcoin and Ethereum to their lowest levels in months, leaving investors shaken and portending more volatility ahead. But could this be an opportunity for more decentralized currencies? In our latest coverage, we’ll break down the
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A bombshell report reveals that Ripple has rushed to acquire and bail out prominent crypto custodian Fortress Trust after a devastating hack cleaned out customer accounts. Though Fortress previously claimed no funds were lost, Ripple's own statements contradict this, casting doubt on the security of even top players
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The ominous shadow of the Cryptoverse's most fearsome omen has fallen upon Bitcoin once again. The infamous Tenkan Sen/Kijun Sen "Death Cross" has emerged in the Ichimoku charts, foretelling a potential plunge of 20% or more in the coming days. Yet despite the bearish portents,
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The bear market of 2022 has not deterred average citizens in lower and middle income countries from adopting cryptocurrencies at the grassroots level. In fact, new data shows these nations are leading the charge. This revelation comes from blockchain analytics firm Chainalysis, which released an excerpt from its highly-anticipated 2023
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In a move that could have seismic implications for the future of cryptocurrency adoption by mainstream finance, banking powerhouse HSBC is working with leading crypto custody technology provider Fireblocks, according to two sources familiar with the matter. With over $3 trillion in assets under management, HSBC is one of the
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The US Securities and Exchange Commission has aggressively targeted cryptocurrencies in 2023, suing major exchanges while insisting most coins are unregistered securities. But experts say a landmark 2018 speech suggests some coins are commodities. This could determine whether your portfolio survives. This vital report will bring you up to speed