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The world erupted today as leading exchange Bybit announced the launch of spot trading for the highly anticipated yet controversial new stablecoin PYUSD. This surprising move thrusts the fledgling PayPal-backed coin into the spotlight, garnering both praise and skepticism from thought leaders across the industry. At the heart of this
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In an unprecedented move, leading cryptocurrency exchange Coinbase has launched an influential campaign to install a -friendly U.S. president in 2024. The "Stand With Crypto" initiative aims to mobilize voters in key battleground states to support candidates who embrace cryptocurrency and decentralized technology. With pro-crypto voters making
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Ethereum stands at an inflection point, poised to unleash enormous growth aided by layer 2 blockchains that complement its core infrastructure. These "L2s" solve the network's throughput constraints, unlocking scalable systems to support new applications and onboard the next billion users. In this article, we'
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In a bombshell announcement on Wednesday, the Alberta Securities Commission (ASC) accused Edmonton resident Devon Christopher Edwards and his company KB Inc. of running an illegal crypto investment scheme that raised over $600,000 from unsuspecting Albertans. The allegations outline a troubling pattern of misconduct, where Edwards allegedly used his
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The surging interest in bringing real world assets like bonds, real estate, and private equity onto blockchains signals the potential dawn of a new era in finance. But will regulatory uncertainty dim its $6 trillion promise? Billions have already flowed into nascent protocols purpose-built to tokenzie real world assets. However,
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The cryptocurrency exchange CoinEx is set to restore deposits and withdrawals for several major tokens on Thursday after pausing services due to a security breach that reportedly allowed North Korean hackers to steal $70 million. The stunning heist, tentatively attributed to the prolific North Korean hacking syndicate Lazarus Group, saw
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In a shocking new lawsuit, bankrupt exchange FTX alleges that Sam Bankman-Fried's parents, Stanford law professors Joseph Bankman and Barbara Fried, directly enabled their son's fraudulent scheme that led to FTX's implosion. This explosive revelation contradicts the couple's previous claims about their
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A devastating swindle has recently come to light in Delaware, where a senior citizen invested $275,000 in a fraudulent cryptocurrency platform disguised as a legitimate site. This case highlights an insidious and increasingly prevalent type of fraud that is ravaging vulnerable populations across the United States. As pig butchering
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South Korea has emerged as a major hub for cryptocurrency adoption, with individuals and firms declaring foreign digital asset holdings of over $98 billion this year. This staggering figure signals the rising prominence of virtual currencies in Asia's fourth-largest economy. In a telling revelation, the National Tax Service
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A once-revered banker has admitted to orchestrating an elaborate cryptocurrency investment scam, defrauding investors out of over $1.5 million. Rashawn Russell, formerly of Deutsche Bank, pleaded guilty this week in a Brooklyn court in what authorities describe as a brazen fraud scheme. How could a man who had it
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A robust community is the backbone of any successful cryptocurrency project, according to experts. While the underlying technology matters, it is community engagement and trust that truly enables a cryptocurrency to thrive. But how can projects cultivate these close-knit communities? And what benefits do they provide? This article explores expert
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In an explosive revelation, former Financial Conduct Authority (FCA) chair Charles Randell has admitted that the UK watchdog faced "political pressure" to allow certain cryptocurrency firms to operate in the country - some of which are now under criminal investigation in the US. Randell, who stepped down from
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Elon Musk, the enigmatic CEO of Tesla and new owner of Twitter, has long been known for his ability to cause intense volatility in the price of bitcoin with just a few words or tweets. Now, after bitcoin's value crashed 70% from its all-time high over the past
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The embattled cryptocurrency custodian Prime Trust has revealed that more layoffs may be coming soon, delivering yet another blow to its beleaguered workforce. This news comes on the heels of the company's high-profile bankruptcy filing two months ago. How much longer can the Prime Trust ship stay afloat
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The clock is ticking as the Philippines Securities and Exchange Commission forges a game-changing partnership with the United States counterpart to finally crack down on the rampant crimes plaguing the island nation. But will this belated team-up be enough to curb the tide of scams threatening to drown Filipino investors?
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A seismic shift is happening behind closed doors in the world of traditional finance as major players tiptoe back into the and blockchain space. With the SEC set to make pivotal decisions on Bitcoin ETFs, fractionalized tokenization emerges as the next battleground for mass adoption. The crypto winter has thawed,