Crypto exchange OKX has recently announced that it will be introducing new requirements to ensure compliance with the regulations set by the U.K. Financial Conduct Authority (FCA). These measures, which will come into effect on January 8th, are aimed at enhancing user awareness of the risks associated with cryptocurrency investments and evaluating their level of
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Solana, a rapidly growing blockchain platform, has made significant strides in the NFT ecosystem. On December 23rd, the platform experienced an extraordinary surge in NFT sales, marking a pivotal moment not only for Solana but for the entire NFT market. What sets Solana apart from other blockchain networks is its focus on providing fast and
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As Bitcoin’s highly anticipated halving event approaches, analysts are closely examining the potential trajectory of the cryptocurrency. Prominent crypto trader Adrian Zdużyczyk has recently shared a bullish outlook, suggesting that Bitcoin could soar to new all-time highs post-halving. Zdużyczyk’s projections, shared on various platforms, hinge on favorable market conditions and pivotal financial events. The beginning
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The expiration of copyright protection for Disney’s iconic 1928 short film, “Steamboat Willie,” has sparked a new trend in the OpenSea NFT market. This landmark animation, known for introducing early versions of Mickey Mouse and transforming Disney’s fortunes, is now accessible to the public in the United States. Its entry into the public domain has
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As Ripple’s native token, XRP, continues to make headlines in the cryptocurrency industry, industry participants are eagerly speculating on whether it is on the verge of a price rally. With its parent company’s success in a lawsuit against the US Securities and Exchange Commission (SEC), many are optimistic about XRP’s future. In this article, we
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As the prominence of Non-Fungible Tokens (NFTs) continues to grow, so does the risk of hacks and cyber attacks targeting these valuable digital assets. NFTs are stored on blockchain platforms, which provide a decentralized and transparent ledger to record transactions. On the surface, blockchain technology seems secure, but there are vulnerabilities that hackers exploit to
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Bitcoin has experienced a significant surge, gaining 7.2% in the past 24 hours. During the Tuesday morning Asian trading session, the leading cryptocurrency reached an intraday high of $45,498. This impressive rally comes after a relatively flat performance over the holiday weekend, signaling a bullish start to the new year. These price movements have propelled
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India’s stance on cryptocurrency has been a subject of controversy and uncertainty. However, despite these challenges, India has emerged as one of the top markets for digital assets. The latest report by crypto exchange CoinDCX reveals several interesting trends and highlights the country’s position as a global crypto adoption leader. Contrary to expectations, Tier-2 cities
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The future of Bitcoin and its potential price movement has been a topic of great interest among investors and financial analysts. As we enter the year 2024, various industry experts have shared their predictions for Bitcoin. These forecasts range from modest gains to incredibly ambitious price targets. In this article, we will analyze some of
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In a recent report, it has been suggested that the US Securities and Exchange Commission (SEC) is preparing to inform asset managers about the approval of their Bitcoin ETF applications as early as next week. This news has generated anticipation among investors and cryptocurrency enthusiasts, as the approval of Bitcoin ETFs could have significant implications
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In 2023, the landscape of cryptocurrency investments underwent a notable transformation characterized by a significant decline in crypto venture capital (VC) funding. The funding experienced a staggering decrease of 68%, dropping from the previous year’s $33.3 billion to $10.7 billion. This decline, although substantial, positions 2023 as the third-highest year in total crypto investments, surpassing
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In the world of cryptocurrency, trust and security are of utmost importance. However, the infamous crypto-hacking group known as Pink Drainer has once again made headlines, this time for their involvement in a highly sophisticated phishing scam. This cyber heist targeted a single victim, resulting in a staggering loss of $4.4 million worth of Chainlink
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Coinbase Global, the renowned cryptocurrency exchange, has recently undergone a leadership change within its custody division, according to a report by Bloomberg. This shift includes the departure of Aaron Schnarch, the former CEO of Coinbase Custody, and his replacement by Rick Schonberg in August. Coinbase’s decision to replace Aaron Schnarch with Rick Schonberg aligns with
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Catalyx, a crypto trading platform based in Canada, recently experienced a security breach resulting in the loss of customer funds. This incident has raised concerns about the platform’s security measures and has led to temporary suspension of trading activities and asset withdrawals. While there is limited information available about the exact extent of the loss,
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Bitfinex, a leading cryptocurrency exchange, has released its year-end Alpha report, in which it predicts a significant growth in the total market capitalization of the cryptocurrency market. Despite the challenges faced in 2023, Bitfinex remains optimistic about the resilience and potential growth of Bitcoin and other crypto assets. According to Bitfinex’s prediction, the total market
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Bitcoin price once again failed to surpass the crucial $44,000 resistance zone, which has put it at risk of a potential downside break below the $41,500 level. Despite attempting to gain momentum above the $43,200 level, BTC faced resistance and started a fresh decline. As a result, the price is currently trading below $43,000 and
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In a bold and unprecedented move, U.S. Congressman Warren Davidson, alongside House Majority Whip Tom Emmer, has taken a strong stance against SEC Chair Gary Gensler. Citing alleged corruption and abuses of power, Davidson advocates for Gensler’s removal in 2024. This development arises from mounting tensions between the SEC and the digital asset sector throughout
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The Coinbase International Exchange recently announced that it has implemented leverage limits of 10X on its perpetual future contracts. This move aims to empower traders to execute more efficient trading strategies. While this development presents new opportunities for investors, it also comes with inherent risks and constraints that must be carefully considered. Coinbase International has
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