[NBC NEWS] A few days before Christmas last year, Philip Martin sat in front of his computer to check his cryptocurrency balance. It was the beginning of what would become, for him, an ongoing nightmare. Martin told NBC News he thought he was typing the web address for his cryptocurrency exchange, Coinbase, […]
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[The Sun, Satoshi Island] AN island that promises to be a ‘crypto paradise’ is being built in the South Pacific in a nation called Vanuatu and citizenship costs $130,000 (£99,000). Citizenship for the island comes in the form of an NFT and all payments on the island will be made […]
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[Reuters] Decentralised finance – or DeFi – is throwing up new risks for investors as it evolves to mirror traditional markets, a global body for securities regulators said on Thursday, adding to a chorus of warnings about the fast-growing crypto offshoot. So-called DeFi platforms allow users to lend, borrow and […]
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[Insider Monkey, iStock Photo] Blockchain is The Future The world is headed towards a digital transformation, with the metaverse, NFTs, and cryptocurrencies being all that is talked about. At the very center of these future technologies is blockchain. According to the Blockchain Technology Market Report 2022, the global blockchain market was […]
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[Entreprenuer, Getty Images] The trade was made with crypto merchant bank Galaxy Digital. Crypto certainly doesn’t seem to be going anywhere — in fact, it looks like using digital currency might become even more mainstream than originally anticipated. From U.S. president Joe Biden signing the first-of-its-kind executive order for federal agencies to […]
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[Benzinga] Coinbase Global Inc (NASDAQ: COIN) has been slapped with a class-action lawsuit that alleges the cryptocurrency exchange is operating as an unregistered securities bourse. What Happened: A complaint filed with the Southern District Court of New York on March 11 alleges that Coinbase is selling 79 cryptocurrencies that are unregistered securities. The three plaintiffs […]
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[CNN, Reuters] Japanese authorities ordered crypto exchanges on Monday not to process transactions involving crypto assets subject to asset-freeze sanctions against Russia and Belarus over the war in Ukraine. The step was taken after a Group of Seven (G7) statement on Friday that said Western nations “will impose costs on […]
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[New York Post, Getty Images] Bitcoin surged by more than 9% on Wednesday after President Biden signed an executive order directing federal agencies to look into regulations for cryptocurrency — a sign that the world’s most powerful economy is moving toward embracing digital coins. Treasury Secretary Janet Yellen said the […]
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[CNBC, Getty Images] Can cryptocurrencies like bitcoin be used by Russia to avoid sanctions? That’s one of the big questions that have been raised during the war with Ukraine. Experts point to the traceable nature of the blockchain and lack of liquidity as reasons that it would be difficult for […]
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[GO Banking Rates, iStock] The cryptocurrency market has always been volatile, but 2022 has been the Wild West. Between fears of rising interest rates, high inflation and the Russian invasion of Ukraine, risk assets in general — and the crypto market in particular — have suffered heavy losses. However, for those cryptocurrencies […]
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