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Crypto-giant-dcg-revealed-a-loss-of-over-$1-billion-in-2022-(report)

Crypto Giant DCG Revealed a Loss of Over $1 Billion in 2022 (Report)

The venture capital firm focused on cryptocurrencies – Digital Currency Group (DCG) – reportedly marked a loss of $1.1 billion last year.  Some of the primary reasons for the downfall were the collapse of the crypto market and the bankruptcy of its subsidiary – Genesis. DCG – a crypto conglomerate shuttered by scandals and the…
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Marathon-digital-bungles-crypto-impairment-sums,-will-reissue-financials

Marathon Digital bungles crypto impairment sums, will reissue financials

The Bitcoin miner received a letter from the SEC on Feb. 22 which highlighted accounting mistakes it made on multiple financial disclosures. 145 Total views 5 Total shares Own this piece of history Collect this article as an NFTBitcoin (BTC) miner Marathon Digitial will reissue a number of previous financial statements after the Securities and…
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Coinbase-launches-nationwide-pro-crypto-policy-campaign

Coinbase Launches Nationwide Pro Crypto Policy Campaign

America’s largest cryptocurrency exchange is pulling out all the stops to ensure U.S. policymakers get things right with how they treat the crypto industry. The company has announced Crypto435 – a grassroots initiative to expand pro-crypto advocacy to citizens across all 435 Congressional Districts. Coinbase’s Advocacy Mission As tweeted by Coinbase on Tuesday, the initiative…
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Vauld-scores-another-creditor-protection-extension-from-singapore-high-court

Vauld Scores Another Creditor Protection Extension From Singapore High Court

Distressed crypto lending platform Vauld was granted another period of extension of creditor protection from the Singapore High Court until March 24, during which the company will work out revival plans. Vauld halted withdrawals for its customers last summer after being hit by an unprecedented $200 million worth of withdrawals in under two weeks amidst…
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Coffeezilla-accuses-khabib-nurmagomedov-of-promoting-nft-scam

Coffeezilla Accuses Khabib Nurmagomedov of Promoting NFT Scam

Coffeezilla – the popular YouTuber and “Internet Detective” covering crypto scams – is now accusing the mixed martial arts legend Khabib Nurmagomedov of “scamming” his followers with NFTs.  The former UFC lightweight champion said his new collection will give fans access his his “private club,” while enabling holders to mine Bitcoin.  Khabib’s NFT Collection Nurmagomedov…
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Salvadoran-bitcoin-education-program-is-launching-a-new-curriculum-in-english

Salvadoran Bitcoin Education Program Is Launching A New Curriculum In English

Mi Primer Bitcoin’s new diploma program is set to expand opportunities for learning about Bitcoin in high schools that adopt it.Mi Primer Bitcoin, a Bitcoin education program based in El Salvador, has announced a new and improved diploma program in English. According to Dalia Platt, head of curriculum for Mi Primer Bitcoin, the “aim is to…
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Stacks-(stx)-surges-as-bitcoin-nft-hype-grows,-but-its-blockchain-activity-raises-concern

Stacks (STX) surges as Bitcoin NFT hype grows, but its blockchain activity raises concern

Stacks is one of the first blockchains to enable a way for minting Bitcoin (BTC) Ordinals, which puts it in an excellent position to benefit from the hype. However, Ordinals have invoked an issue from the past where Bitcoin maximalist ideologies will be tested if the NFTs lead to network congestion. On top of that,…
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Algorand-wallet-myalgo-warns-users-to-withdraw-funds-after-$9.6m-exploit 

Algorand Wallet MyAlgo Warns Users to Withdraw Funds After $9.6M Exploit 

Algorand-based wallet provider MyAlgo has cautioned users to withdraw assets from all wallets created with a mnemonic phrase as the company continues investigating an exploit that led to a $10 million loss. The wallet provider tweeted on February 26, warning users that “a targeted attack was carried out against a group of high-profile MyAlgo accounts.”…
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