Hip-hop, a genre that has shaped countless lives and cultures, is celebrating its 50th anniversary. To mark this significant milestone, Walmart has joined forces with People of Crypto Lab (POClab) to introduce Cultureverse, an immersive, gamified experience within the Spatial metaverse. This collaboration aims to pay homage to the pioneers of Hip-Hop while exploring its
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Hong Kong retail cryptocurrency traders are experiencing new opportunities as local exchanges are launching retail trading services. This development comes after HashKey Exchange was granted Type 1 and Type 7 licenses by the Hong Kong Securities and Futures Commission (SFC) on August 3, allowing them to serve professional, institutional, and retail investors. In addition, digital
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In a recent development, FTX founder Samuel Bankman-Fried’s attorneys have raised concerns about their client’s limited access to evidence against him, highlighting a violation of his constitutional rights. The attorneys argue that the proposed solution of providing Bankman-Fried with an offline laptop and intermittent internet access within a courthouse cellblock falls short of addressing the
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A highly-anticipated event in the cryptocurrency world might be just around the corner. Bloomberg Intelligence suggests that the launch of a spot Bitcoin exchange-traded fund (ETF) in the United States could happen right before Labor Day on September 4th. This news has caught the attention of many in the industry, as a Bitcoin ETF has
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Hong Kong’s Financial Secretary, Paul Chan Mo-po, has recently expressed his wholehearted endorsement of blockchain technology. In his blog post, he acknowledges that blockchain represents the next frontier of “breakthrough growth” in the digital technology sector. This forward-looking perspective highlights the potential of Web3, an evolved, decentralized version of the World Wide Web. Identifying Emerging
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The Ripple community is currently abuzz with anticipation as the company’s founder and CEO announced plans to host a celebratory party in honor of the cryptocurrency’s triumph against the United States Securities and Exchange Commission (SEC). This declaration by Ripple, a leading global payments network, marks a significant milestone in the cryptocurrency industry, not only
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Bitcoin’s price experienced a significant increase of 5% today, reaching a two-week high of over $28,000. This surge in price can be attributed to the recent ruling by United States Court of Appeals Circuit Judge Neomi Rao in favor of Grayscale Bitcoin Trust (GBTC) against the U.S. Securities and Exchange Commission (SEC). Judge Rao’s decision
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In a groundbreaking ruling on August 29, 2023, the United States Court of Appeals for the District of Columbia Circuit overturned the Securities and Exchange Commission’s (SEC) order, granting a long-awaited victory to Grayscale Investments LLC in its legal battle over the conversion of its Bitcoin Trust into a spot Bitcoin exchange-traded fund (ETF). Grayscale’s
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The Controversial Decision of friend.tech The latest decentralized social media platform in the crypto space, friend.tech, has caused a stir within the community due to its recent announcement regarding penalties for users who choose to participate in forks or copycat versions of its tokenized social media platform. The decision to punish users has been met
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The recent report by Arkham Intelligence has revealed some startling information about the popular trading platform, Robinhood. According to the report, Robinhood allegedly holds over $3 billion worth of Bitcoin in a single address. This news has sparked curiosity and speculation among cryptocurrency enthusiasts and investors alike. In this article, we will delve deeper into
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In a recent development, three prominent U.S. representatives have voiced their concerns over the stablecoin and crypto rules proposed by the Federal Reserve. This objection comes from the Republican party members, namely Patrick McHenry, Chairman of the House Financial Services Committee; French Hill, Chairman of the Committee on Financial Services Subcommittee on Digital Assets; and
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Social media platforms have implemented verification features to prevent scammers from impersonating legitimate organizations. However, according to cybersecurity researcher ZachXBT, this well-intentioned feature has inadvertently created a new black market. In the past, verified accounts were easily identified by blue checkmarks. But now, blue checkmarks indicate that the account owner has an X Premium subscription
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Binance, one of the leading cryptocurrency exchanges, recently dropped a bombshell by announcing the suspension of 39 liquidity mining pools. This decision comes after a comprehensive assessment of the platform’s liquidity mining performance. Although Binance claims that this move aims to concentrate liquidity for users and optimize their trading experience, it has generated significant controversy
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Cryptocurrencies are constantly evolving, and one coin that has recently gained significant attention is Toncoin (TON). Within the past week, Toncoin has experienced an impressive price surge of over 8%, reigniting interest in the cryptocurrency market. This surge has prompted many to inquire about the potential for sustained growth in the future. At present, Toncoin
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In recent years, the US Federal Bureau of Investigation (FBI) has uncovered a series of cyber-attacks carried out by the Lazarus Group, a notorious North Korean hacking collective. With each attack, the hackers have drained millions of dollars’ worth of cryptocurrencies. The FBI has now issued a statement, warning cryptocurrency companies about a potential move
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U.S. prosecutors have recently disclosed a massive amount of discovery documents in the case of former FTX CEO, Sam Bankman-Fried. However, his lawyers have raised concerns regarding the government’s intention to provide access to these materials while Bankman-Fried is detained at the Metropolitan Detention Center in Brooklyn (MDC). One of the primary issues highlighted by
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In a recent announcement, Binance, the largest cryptocurrency exchange in the world, declared the termination of its crypto debit cards for customers in the Latin America and Middle East regions starting from September 2023. The decision will render the Binance crypto debit cards unavailable for use in the affected regions, effective from September 21. The
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