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Ethereum co-founder Vitalik Buterin believes cryptocurrencies currently provide the greatest real-world utility in emerging economies, according to a recent interview with CNBC. While developed nations often view crypto as a speculative digital asset, Buterin claims its most meaningful use cases exist in lower-income developing countries that lack essential financial services.
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Powerful Lobbying Needed Before 2024 Election, Says Coinbase CEO The crypto industry is facing an "unfair" regulatory environment according to Brian Armstrong, CEO of top U.S. exchange Coinbase. In a new interview, Armstrong stated that certain government actors like SEC Chair Gary Gensler and Senator Elizabeth Warren
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Amid cautious optimism that a new era of maturity could be dawning for crypto, publicly traded companies find themselves on the front lines, under intense scrutiny as they work to bring the industry into the mainstream. Though the path is filled with challenges, their efforts may pay dividends for the
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Ex-Banker Faces Up To 30 Years in Prison for $1.5 Million Cryptocurrency Scheme A former Deutsche Bank executive who ran a fraudulent cryptocurrency investment fund has pleaded guilty to charges of investment fraud and identity theft, the U.S. Department of Justice announced on Monday. Rashawn Russell, 27, faces
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The crypto world faces a monumental shift as the UK imposes new regulations on digital assets. Leading exchange Bybit just announced it will suspend services in Britain to comply with the Financial Conduct Authority's stringent promotion rules. This drastic move underscores how seriously the UK treats crypto oversight
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With Ripple stuck battling the SEC in court and the 2024 US Presidential election approaching, the future of the XRP cryptocurrency remains uncertain. Will a potential Republican administration usher in a new era for crypto regulation, or will the status quo prevail? This article will provide the latest updates on
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When the crypto empire of Sam Bankman-Fried collapsed in November 2022, it didn't just wipe out the billions of the young crypto mogul himself. It also destroyed the financial futures of countless ordinary investors who had placed their trust in the "King of Crypto's"
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The crypto market is bracing for impact as analysts predict an impending crash that could wipe out over $440 billion in market capitalization. According to crypto expert Nicholas Merten, Bitcoin could plunge over 43% from current levels, potentially finding support around $15,000 to $16,000. The anticipated meltdown stems
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The past week saw over $115 million in funding flow into the decentralized finance and cryptocurrency space, signaling the growing momentum and adoption of blockchain technology. Eleven crypto startups raised capital across gaming, custody, infrastructure, healthcare, social media, intelligence, and more, demonstrating the far-reaching potential of decentralization. Leading the pack
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The crypto world has a new contender vying for dominance in the burgeoning NFT art space. Domini.art, an innovative platform fusing art and blockchain, is generating significant buzz as the next potential disruptor. But does this relative newcomer have what it takes to reshape the game? In this article,
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The mind-boggling lack of criminal prosecutions against cryptocurrency fraudsters represents a massive enforcement failure that enables ongoing abuse within the crypto ecosystem. This is the damning assessment of former U.S. Securities and Exchange Commission (SEC) attorney John Stark Reed, who spent nearly 20 years in the SEC's
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The crypto winter is showing no signs of thawing as markets brace for impact from several major economic events this week. All eyes are on Federal Reserve Chair Jerome Powell's speech on Wednesday as investors seek clarity on the central bank's path forward amid growing recession
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The price of Bitcoin could double in the coming months based on historical patterns leading up to previous halving events, according to one crypto analyst. Here's what investors need to know. Bitcoin has had a quiet week of trading, breaking below $26,500 support as the US dollar
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Cryptocurrency markets appear ready for a trend change as Bitcoin trades sideways and traders move into select altcoins. Will this spark the next bull run or fade into a bear trap? After a period of tight trading range and declining volatility, Bitcoin and top altcoins like Chainlink, Maker, Arbitrum, and
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SFC Responds to Public Demand in the Wake of the JPEX Probe The recent probe into crypto exchange JPEX has left Hong Kong reeling. As authorities make arrests and investigate allegations of fraud, the city's top securities regulator has responded to growing public demand for transparency and accountability.
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Polkadot's DOT token saw a slight 0.17% price increase over the past hour to $4.03, according to the latest market data. This comes after a period of declines over the past week and month, with DOT dropping 3.88% over the past 7 days and 9.