As Meta’s Threads celebrates first anniversary, will it now become a challenger to X?
Despite Threads hitting 175 million monthly active users, it’s still too early to say whether it could become another X one day.
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P2P exchange Paxful integrates Lightning Network
Lightning Network is the leading Bitcoin scalability solution, providing layer-two transaction capabilities separate from BTC’s main blockchain. 287 Total views 23 Total shares Peer-to-peer cryptocurrency exchange Paxful has integrated Lightning Network into its platform, giving its 7 million users access to near-instant Bitcoin (BTC) transfers.The new feature gives users the ability to send and receive…
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Tether stablecoin loans rise in 2023 despite downsizing announcement in 2022
Tether said the new loans were made at the request of some of its long-standing partners, and it plans to cut it down to zero by 2024. 425 Total views 3 Total shares Tether, the largest stablecoin issuer in the crypto market, has seen a rise in its stablecoin lending, or secured loans, in 2023
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Kenya to introduce digital IDs for citizens by year-end
The Kenyan government plans to roll out its digital identification system in December 2023 after the testing period, which will take the next few months. 363 Total views 5 Total shares The Kenyan government plans to roll out its digital identification system in December 2023 after the testing period, which will take the next few
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Barclays May Be Ending Work With Coinbase, Transactions in GBP to Slow
British banking giant Barclays has reportedly cut ties with United States crypto exchange Coinbase.As Coindesk reported on August 13, unnamed industry sources have said that Barclays will no longer be banking for Coinbase, severing a relationship that began when Coinbase opened a Barclays account in March 2018.The news is expected to hit the crypto community…
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South Korea to delay new tax regime on cryptocurrencies until 2022
The postponement follows a successful lobbying campaign by local crypto advocates. The South Korean government has officially postponed a new tax regime on cryptocurrency gains until 2022.According to Yonhap on Dec. 1, the planning and finance committee of South Korea's national assembly passed amendments to the country’s tax laws wherein a new cryptocurrency tax regime…
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Employer paid worker in crypto, then demanded it back when price rose
"I have worked with this person for many years, and he has a tendency to try to change the terms of payment after agreeing on a certain way of operating," said the contract worker. 1436 Total views 13 Total shares A United States-based business development specialist has claimed that a company that paid them for…
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dYdX raises margin requirements in some markets, bans “highly profitable trades”
The decentralized exchange increased margin requirements on several markets on Nov. 18, after an alleged targeted attack on the YFI token triggered massive liquidations. 66 Total views 1 Total shares Decentralized crypto exchange dYdX has disclosed new measures to mitigate trading-related risks after burning $9 million of its insurance fund on Nov. 17 to cover