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The once-promising cryptocurrency MultiCoinCasino (MCC) has taken a turn for the worse. On Wednesday, September 27th, 2023, MCC fell 0% against the broader crypto market, underperforming other major cryptocurrencies and continuing a downward slide that has dismayed investors. What has caused this dramatic fall from grace, and what does the
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The IRS has dropped a 282-page bombshell of proposed regulations for digital asset reporting that could fundamentally reshape the cryptocurrency industry. Who is impacted, what specifically is required, and when do the rules take effect? Read on to find out the key details and implications of these seismic new tax
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Binance France is advising customers to convert their euro balances to cryptocurrency, in the latest sign of intensifying scrutiny of the major crypto exchange across Europe. The company confirmed this week that it is prompting users on its mobile app to exchange fiat currency stored on the platform for crypto
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The crypto gambling space experienced a seismic shift today with the launch of CryptoCasinos.Casino, a first-of-its-kind website providing in-depth, unbiased reviews and comparisons of the top crypto casinos on the internet. Led by industry veteran Kay Bowers, CryptoCasinos.Casino is set to become the definitive resource for players seeking
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In a contentious Congressional hearing, SEC Chair Gary Gensler faced accusations of suppressing crypto innovation to protect big banks. Lawmakers alleged Gensler's SEC is overstepping its authority in an aggressive crypto crackdown. Is the SEC on a misguided mission to destroy crypto? Or are they protecting investors from
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The collapse of cryptocurrency exchange FTX has sent shockwaves through Washington, exposing the industry's cozy relationships with regulators and prompting a lobbying scramble. Who were the key players cosying up to officials? How far did FTX's influence reach before its dramatic implosion? And how are crypto
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A leading cryptocurrency exchange boasting over 9 million users has big plans to expand worldwide, aiming to bring digital assets into the mainstream. But significant challenges lie ahead on their quest for global crypto adoption. CoinW, which launched in 2017, is aggressively pursuing global growth through high-profile sponsorships, partnerships, educational
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Binance, the world's largest cryptocurrency exchange, is facing an uncertain future amidst legal troubles, employee exodus, and eroding market share. A Giant on Shaky Ground The once-unstoppable crypto giant is now in a "do-or-die" situation, according to an internal message from Binance CEO Changpeng Zhao. The
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The key barrier preventing widespread crypto adoption isn't user experience - it's product-market fit, argues Variant co-founder Li Jin. She claims crypto products haven't effectively addressed people's core needs beyond speculative investing. This article will summarize Jin's view, provide context
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The sudden collapse of cryptocurrency exchange FTX has sent shockwaves through the crypto industry and wider financial markets. Once valued at $32 billion, FTX filed for bankruptcy on Friday after a liquidity crunch prompted rival exchange Binance to back out of a deal to acquire the struggling firm. The unraveling
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The crypto industry took a major hit this week as a new study revealed that nearly all employees in the space still take their salaries in fiat currencies rather than cryptocurrencies. This raises questions about true adoption levels and the future of crypto as a mainstream financial tool. While many
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The two leading US-based cryptocurrency exchanges, Kraken and Coinbase, are rapidly expanding into Europe this week, obtaining key regulatory approvals from authorities in Ireland and Spain. This aggressive push comes as the regulatory environment for crypto firms in the US grows increasingly harsh under the Securities and Exchange Commission chair
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The video game industry was rocked this week by leaked documents revealing Microsoft is exploring integrating crypto wallet support into its popular Xbox gaming system. This bombshell news, uncovered in a deposition related to Microsoft's proposed Activision Blizzard acquisition, signals a potential seismic shift in how gamers could
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A leaked draft of an upcoming executive order on artificial intelligence from President Joe Biden has sparked fears of a potential computing power crackdown that could severely impact Bitcoin mining operations in the United States. The draft order, revealed by anonymous sources to Semafor, indicates the Biden administration may soon
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SEC Chairman Plans to Tell Congress Most Crypto Assets are Securities NEW YORK - Stuart Alderoty, general counsel at blockchain company Ripple, expressed concern over Securities and Exchange Commission (SEC) Chairman Gary Gensler's planned testimony to Congress about cryptocurrencies this week. Alderoty claims that advanced copies of Gensler&
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The decentralized Ethereum network has reached a major milestone, crossing $10 billion in cumulative revenue faster than juggernauts Facebook and Microsoft. This explosive growth demonstrates Ethereum's disruptive potential, though it now faces critical challenges amid the crypto winter. Ethereum took just 7.5 years to surpass $10 billion