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Following reports of how crypto usage is being regulated in certain regions of the world, there has been a recent announcement on Portsmouth city accepting this digital money for residents' daily transactions. According to the city's mayor, Deaglan McEachern, many residents of the city are informed about
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A Wednesday report by the FIFA association has unveiled Crypto.com as an official sponsor of the Qatar FIFA World Cup slated to commence in November 2022. As stated by the crypto brand in a recent tweet, "Crypto.com is proud to be the first crypto trading platform sponsor
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The European federal reserve bank head, Christine Lagarde, while speaking at the recent BIS creative conference highlighted that crypto is "certainly" a means utilized by Russian citizens and organizations to shun sanctions. There has been a load of sanctions from different nations against Russia following the country’s
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Africa has proven credible enough as one of the basic research grounds for most problems and inventions, including the blockchain technology wonder. Chainalysis, a blockchain analytic company, records an approximately 1200% rise in the value of the African cryptocurrency market within the periods of July 2020 and June 2021, as
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The concept of Web 3.0 is gaining attention as it targets democratizing the internet by taking power away from the big tech companies and putting the same in the hands of creators who focus on artworks, music and videos. At the beginning of the internet in the mid-late 1990s
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The Australian Competition and Consumer Commission (ACCC), have reported defrauding media publications of cryptocurrency trades involving some notable Australian personalities. These publications were allegedly aired on Meta-owned Instagram and Facebook. The publications were aimed at promoting certain investment strategies alongside crypto. There were hyperlinks attached to redirect Meta users to
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Rare Bears, on Thursday, took to its Twitter social media platform to affirm the news of its recently compromised moderator's server that led to a phishing fraud of about $800k worth of NFTs. According to reports, cyberpunks sent across a spoofing link on the Rare Bear Discord platform,
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Chinese officials, in a recent publication, have announced the arrest of over ten alleged criminals believed to be the brains behind an Internet pyramid scheme. The suspects are understood to have deceitfully assured their victims of a high percentage of return earnings. The suspects are said to have defrauded people
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A member of the mid-western Minnesota state cross-party assembly, Tom Emmer, has sent a message to the head of the Securities and Exchange Commission (SEC), Gary Gensler. The message was aimed at informing Gensler of the challenges of excessive investigative actions in the cryptocurrency sector. According to him, there are
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The prices of major cryptocurrencies are slightly up at the moment. At 12:45 pm, Bitcoin exchanged hands at $40,530, up by 4.76% in the last 24 hours. Other major altcoins such as Ripple’s XRP, Solana and Avalanche have slightly moved up by 2.25%, 5.41%
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The Financial Conduct Authority (FCA) has issued a stern warning to operators of non-registered Bitcoin ATMs in the United Kingdom. According to the U.K. financial watchdog, the operators of the ATMs would be contacted to affirm the notice to shut down the automated machines or face further actions. According
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Tether (USDT), the largest stablecoin based on market capitalization has crossed the $80 billion valuation. This comes after monthly statistics showed a 2% valuation increase this month. While the entire stablecoin economy now stands at over $187 billion as of March 15, 2022, Tether's valuation represents 42.78%