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Biden Administration Unveils Plan to Focus on 'Prosecutions of Criminal Misuses of Cryptocurrency'

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The Biden-Harris administration has unveiled its technique on “countering corruption.” It consists of using the federal government’s newly established job power, the Nationwide Cryptocurrency En


India to Impose Ban on Crypto Payments, Deadline for Declaring Crypto Assets, KYC Rules: Report

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The Indian authorities has reportedly proposed banning the usage of cryptocurrency for funds and setting a deadline for traders to declare their crypto holdings. Violators could also be arrested with


Buy Christmas Presents From Top Brands With Over 100 Cryptocurrencies on Coinsbee

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Coinsbee is a platform for purchasing present playing cards with greater than 100 cryptos, from all of your favorite manufacturers and retailers, in addition to get fee playing cards and top-ups. This


Bank for International Settlements States True Decentralized Finance Is an 'Illusion'

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The Financial institution for Worldwide Settlements (BIS), a finance group comprised of a number of central banks, has said that whereas the target of decentralized finance is to maneuver management o


Billionaire Barry Sternlicht Discusses Bitcoin Price Rising to $1 Million — Calls BTC a 'Smart' Hedge

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The chairman of Starwood Capital Group, billionaire Barry Sternlicht, has shared his view on how bitcoin might develop to be price 1,000,000 {dollars} a coin. He calls the cryptocurrency a “sensible


Amex, Visa, Citi, Paypal Invest in Crypto Transaction Monitoring and Forensics Platform

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American Categorical’ Amex Ventures, Visa, Citi Ventures, DRW Enterprise Capital, Bounce Capital, Marshall Wace, Block (previously Sq. Inc.), and Paypal Ventures are amongst buyers in the most recen


Report: Mirror Trading International Said to Be Owed Over $129 Million by Previously Unaccounted for Debtors

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Mirror Buying and selling Worldwide, the now-defunct fraudulent bitcoin funding platform, is alleged to be owed greater than $129 million by debtors that had not been declared beforehand. Unaccounted


Sony Pictures and AMC Theatres Choose WAX Blockchain for Spider-Man: No Way Home NFT Promotion

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Eco-friendliness and mass market accessibility cited as main components in selecting WAX. WAX Blockchain has been chosen by Sony Footage and AMC Theatres (NYSE:AMC) for Sony Footage’ Spider-Man: No


Japan to Propose Restricting Stablecoin Issuers to Banks and Wire Transfer Companies

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Japan’s high monetary regulator, the Monetary Companies Company (FSA), is reportedly planning to suggest laws to limit stablecoin issuance to banks and wire switch firms. Crypto service suppliers co


Crypto Exchange Binance Is Making 'Substantial Changes' to Become 'Fully Licensed and Fully Compliant' in UK

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Cryptocurrency alternate Binance has unveiled its plan to grow to be a “totally licensed and totally compliant” alternate in order to serve customers in the U.Ok. The crypto alternate is reportedl


Virtual Metaverse Plots Outpace Top NFT Collection Sales, Play-to-Earn Tokens Surged in Value This Year

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Over the last seven days, digital lands offered in the metaverse have outpaced a large number of non-fungible token (NFT) gross sales. Furthermore, metaverse native crypto tokens like axie infinity, s


Craig Wright Cleared of All Charges Except a Conversion Count, Jury Awards $100 Million to W&K Info Defense

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The Kleiman v. Wright trial has come to a conclusion and Craig Wright and his protection group has received on all claims besides one depend of conversion. In keeping with a court docket reporter, Cra


Bug in Solana Token Lending Contract Fixed, More Than $2 Billion Made Exploitable

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A bug in the token lending contract of the Solana Program Library (SPL) was not too long ago discovered and glued by Neodyme, a safety auditing agency. The bug, that was found a few months again, migh


Indian Crypto Bill: Exchange CEO Discusses What to Expect

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There are experiences that the Indian authorities could impose restrictions on self-custodial cryptocurrency wallets and solely permit Indian crypto exchanges. The CEO of a significant cryptocurrency


SEC Chairman Gary Gensler Stresses Crypto Markets Are Open to Manipulation, Investors Vulnerable

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The chairman of the U.S. Securities and Change Fee (SEC), Gary Gensler, has referred to as for extra investor safety in crypto markets. “This asset class is rife with fraud, scams, and abuse in sure


Value Locked in Defi Slips 5% in 24 Hours, AMM and Rebase Tokens Take Double-Digit Losses

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Since mid-November the overall worth locked (TVL) in decentralized finance (defi) has slid from $257 billion to $250.55 billion and over the last 24 hours it misplaced a contact greater than 5%. Over


Meme Token Economy Suffers After Crypto Market Dip, DOGE and SHIB Market Caps Lose Billions

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The worldwide cryptocurrency market valuation has rebounded a fantastic deal for the reason that preliminary downturn after 12:00 a.m. EST on December 4, and on Sunday, the crypto financial system is


Bitcoin Hashrate Rises Despite Price Drop, Mystery Hashpower Returns

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Bitcoin’s hashrate has elevated a terrific deal, even after the main crypto asset’s value slipped beneath the $50Okay value zone. Eight days in the past the community hashrate was coasting alongsi


OVR and the Results of the Token Burning Program's First Month

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OVR launched its new Token Burning Program on 1 November to make its personal tokens extra uncommon and beneficial. The outcomes of this primary month of November noticed a complete of 246 thousand OV


Russia, Ukraine Shut Down Several Cryptocurrency Farms

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Authorities in Russia and Ukraine have closed down numerous unlawful crypto mining amenities allegedly powered by stolen electrical energy. The underground farms have been found across the capital cit


US SEC Charges Man With Defrauding Crypto Investors in Two Digital Asset Securities Offerings

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The U.S. Securities and Trade Fee (SEC) has charged a citizen of Latvia with defrauding traders in two crypto choices. The fraudster “used faux names, fictitious entities, and fraudulent profiles to


Virtual Land Adjacent to Snoop Dogg's Sandbox Estate Sells for $450K in Ethereum

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The favored American rapper Snoop Dogg revealed on the finish of September that he acquired land in the blockchain-based digital metaverse The Sandbox and had plans to recreate his mansion. On Decembe


Crypto Economy Loses Billions in Market Downturn, Bitcoin Price Slips More Than 25% in 30 Days

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A large number of cryptocurrencies dropped significantly in worth through the early morning hours (after 12:00 a.m. EST) on December 4. On the time of writing, the crypto financial system is down grea


Terra Tokenomics Lead to Market Surge, Bitcoin Reserve Hinted

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The current actions in the treasury of Terra, a decentralized monetary fee community, which is now burning greater than $Four billion price of LUNA attributable to a governance proposal, have seemingl


FBI Seizes Bitcoin Worth More Than $2.2 Million From Ransomware Affiliate

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The Federal Bureau of Investigation (FBI) has seized bitcoin price greater than $2.2 million tied to ransomware funds. The cryptocurrency allegedly belongs to an affiliate of Gandcrab and Revil/Sodino


British Security Think Tank's Report Warns NFTs Could Bolster Money Laundering Schemes

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The Royal United Companies Institute (RUSI), the British protection and safety assume tank, questions whether or not or not non-fungible token (NFT) belongings can be utilized for cash laundering func


Blockchain.com Reveals Non-Fungible Token Marketplace and NFT Explorer

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The crypto agency Blockchain.com is becoming a member of the slew of digital forex exchanges which have launched non-fungible token (NFT) marketplaces in current instances. On December 2, the corporat


US Treasury Secretary Yellen Says She's Undecided Whether the Fed Should Issue Digital Currency

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The U.S. Treasury Secretary Janet Yellen says that she has not made up her thoughts about whether or not the Fed ought to concern a central financial institution digital foreign money (CBDC). “There


Marathon Expands Miner Deployment Deal With Compute North, Aims to Power 100K+ Miners With Renewables

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Marathon Digital Holdings, a Nasdaq-listed bitcoin mining-based firm, has introduced a brand new take care of Compute North, a knowledge middle service supplier, to host greater than 100,000 mining ma


Korean Incubator Hashed Raises $200 Million for Web 3.0 Investments

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Hashed, a Korean blockchain VC agency, has introduced the launch of Hashed Enterprise Fund II, a brand new fund that can concentrate on investing in Internet 3.0-based startups. The fund raised $200 m


Meta Relaxes Facebook's Cryptocurrency Ad Policy — Says Crypto Continues to 'Mature and Stabilize'

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Meta, previously Fb, has relaxed its coverage for cryptocurrency commercials, making it simpler for firms to run crypto adverts on its platform. “We’re doing this as a result of the cryptocurrency


Jurors in Billion-Dollar Bitcoin Trial Deadlocked for Days — Hung Jury Could Lead to Mistrial

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Jurors in the Kleiman v. Wright trial are at present unable to decide on the high-profile billion-dollar bitcoin lawsuit in Florida. Whereas the choose has instructed the jury to take time deliberatin


Exploit Allows Hackers to Siphon $120 Million From Defi Protocol Badgerdao

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The decentralized autonomous group (DAO) known as Badgerdao has disclosed that it has “obtained stories of unauthorized withdrawals of person funds.” The analytics group Peckshield estimates that


Leading Supermarket Chain in Croatia Introduces Crypto Payments

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Prospects of the most important grocery store chain in Croatia will be capable to pay with cryptocurrency for his or her orders in the retailer’s on-line store. The corporate plans to quickly supply


Blockchain.com Acquires Latin American Crypto Investment Platform Sesocio

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On November 30, the crypto agency Blockchain.com introduced it acquired the Argentina-based funding platform Sesocio. In keeping with the agency, the acquisition will give the corporate’s internatio


Everscale Grants Program (Ex FreeTON) Now Accepting Applications

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Everscale (ex FreeTON) community builders Broxus have introduced the opening of their Everscale Grants program. The grants program will present essential monetary {and professional} assist to promisin


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