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Leveraged Crypto Trading is a Threat to Financial System, Warns Bank of Korea .
Earlier this week, head of South Korea’s central bank Lee Ju-yeol warned that leveraged crypto trading was a threat to the country’s financial system. “An excessive level of leveraged cryptocurrency trading puts households at risk of financial damages considering the instability of [crypto],” he said. origin »
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Texas Law Creates Legal Clarity For Bitcoin.
The bill formally defines virtual currencies and offers individuals and businesses a clear legal environment for bitcoin investment. origin »
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Andreessen Horowitz leads $40M investment round into crypto-trading platform.
Talos seeks to accelerate institutional adoption of digital assets. It now has some of the industry’s biggest backers supporting its mission. origin »
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Bitcoin tackles $40,000 as Biden unveils new $6 trillion federal spending budget.
The money printer is going brrr in the United States.
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Carbon-neutral Bitcoin funds gain traction as investors seek greener crypto.
Steps are being taken to ensure green Bitcoin options for investors, but this may only serve as a short-term solution to a long-term problem. origin »
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Austrian Post combines NFT and NFC tech for digital postage stamp.
The Austrian post is set to incorporate near-field communication to its award-winning nonfungible token digital postage stamp.
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Number of Bitcoin wallets holding 100–1K BTC soars after Tesla’s $1.5B buy-in.
New data shows a dramatic rise in the number of Bitcoin wallets holding anywhere between 100 BTC to 1,000 BTC — but there may be a catch. origin »
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Iran bans crypto mining – a long period of inactivity ahead for miners.
In a bid to cut down on power consumption, Iran’s government has banned the mining of Bitcoin and other cryptocurrencies until the nation’s power issue is resolved. On Wednesday, the country’s president Hassan Rouhani stated that there have been energy-intensity blackouts in some Iranian cities. origin »
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Are meme based Stocks AMC and GameStock rallying again?.
Earlier this year, shares of some companies set the social media and the stock market buzzing, as they received massive support from the famous WallStreetBets Reddit group. It appears the same stocks have started rallying again, rewarding investors who had stuck with the stocks even during their turbulent times. origin »
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PayPal users to enjoy crypto withdrawals to wallets of their choice.
PayPal has announced that users can now be able to withdraw their cryptocurrencies to third-party wallets. Before now, users are only allowed to buy and sell crypto assets on the platform. However, this move by the payment giant has got users excited as they now have a bit of freedom regarding how they spend their […] The post PayPal users to enjoy crypto withdrawals to wallets of their choice appeared first on Invezz. origin »
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UNISPACE Decentralized finance project with 250% APY Public sale is live.
Yet another positive for the decentralized finance market as Unispace becomes the newest addition to the fray. The platform which has already attracted noteworthy investors from around the world is threatening to pull in massive figures from the upcoming sale of its native token, USPC. origin »
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Bank of Japan Embracing Stablecoins Potential but Still Wary of Crypto.
Bank of Japan Governor Haruhiko Kuroda has joined the ranks of many central bankers denouncing bitcoin but admits there is potential in stablecoins. The post Bank of Japan Embracing Stablecoins Potential but Still Wary of Crypto appeared first on BeInCrypto. origin »
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Korean gov’t clarifies crypto regulatory roles of different agencies.
After some confusion, South Korea’s government has laid out which state and regulatory bodies are charged with the oversight of various aspects of crypto-related activities. origin »
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Dogecoin whale activity slows down as billions of dollars depart blockchain.
DOGE’s recent surge in network activity appears to be grinding to a halt.
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The Hateful Eight: LUNA, HT, WAVES, OKB, REV, COMP, SOL, ICP—Biggest Losers May 21-28.
BeInCrypto takes a look at the eight altcoins that decreased the most over the past seven days, from May 21 to May 28. The post The Hateful Eight: LUNA, HT, WAVES, OKB, REV, COMP, SOL, ICP—Biggest Losers May 21-28 appeared first on BeInCrypto. origin »
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Bitcoin tumbles to $36K as Ark’s Cathie Wood addresses BTC regulatory fears.
The flagship cryptocurrency faces a higher profit-taking sentiment near its 200-day simple moving average wave.
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VeChain price prediction as the crypto sell-off intensifies.
The VeChain (VET/USD) price retreated on Friday as investors waited for the US personal consumption expenditure (PCE) data from the United States. VET dropped to $0. 1065, which was 26% below the weekly high of $0. origin »
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Crypto will ‘come to life’ in Nigeria, central bank governor says.
Emefiele said the Nigerian government will do its best to prevent crypto from being used to finance illicit activities.
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UAE authority issues warning about Dubai Coin.
Dubai does not have an official cryptocurrency, officials state.
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Wisdom Tree files Ether ETF application with SEC.
ETF shares would be listed on the Chicago Board Options Exchange’s BZX Exchange.
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Binance Smart Chain’s BurgerSwap drained of $7.2M in exploit.
The latest in a recent spate of decentralized finance hacks.
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LINK, AAVE, and Uniswap now added to the Wirex payments platform.
Digital payments platform Wirex has listed 5 new cryptocurrencies from top DeFi players on its platform. These include AAVE, YFI, UNI, MKR, and LINK. The platform also said the tokens will be available for purchase without transaction fees for a limited time. origin »
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‘Crypto will cause the next financial crisis’: Precious metals boss.
Metalla Royalty & Streaming CEO Brett Heath has warned that crypto will “lead the charge into the next financial crisis” and questioned the true intrinsic value of Bitcoin. origin »
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Shanghai Man: Miners banned, exchanges targeted? Here’s what’s really happening.
A look at the last week of crackdowns, including a ruling from Vice Premier Liu He. Hong Kong echoes Beijing with stricter controls of its own, limiting retail investors in the administrative region. origin »
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Incident Post Mortem: May 19, 2021.
Learn about working at Coinbase: https://www.coinbase.com/careers - Medium origin »
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US SEC wants to work with Congress to regulate crypto exchanges.
SEC head Gary Gensler said that the authority spends only $325 million per year on tech, which is less than some industry players spend in two weeks. origin »
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Blockchain platform raises $12M to build JavaScript-like DApps.
Blockchain development platform Reach is aiming to create universally compatible DApps by building a JavaScript-like programming language. origin »
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Zcash Price Analysis - 28th May 2021.
Zcash Price Analysis - 28th May 2021 origin »
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Lack of knowledge is main barrier to crypto adoption, new survey says.
55% of survey respondents said that they were aware of crypto despite never owning or using cryptocurrencies.
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Hong Kongers use blockchain to save evidence of anti-authoritarian struggles.
Hong Kong citizens are using a blockchain system to fight back against the government’s attempts to erase and overwrite the history of recent years’ anti-authoritarian struggles. origin »
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