Brazil's Supreme Court threatens to suspend X by Aug. 29
The proposed suspension of services came amid an ongoing feud between Elon Musk and Judge Alexandre de Moraes.
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Exchanges warn that Hong Kong’s crypto retail trader ban could backfire
Crypto industry concern mounts ahead of the likely introduction of a bill to ban retail traders from cryptocurrency activities in Hong Kong. 8954 Total views 24 Total shares Crypto industry actors in Hong Kong have been trying to push back against a forthcoming law that would restrict legal cryptocurrency trading to professional investors, locking out…
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Turning losses to wins: How a Ponzi victim became a crypto evangelist
Losing money to a Ponzi scam is not the ideal introduction to the crypto ecosystem. Thankfully, Mark Dave Manansala gave crypto and blockchain a second chance and discovered a new passion.It all started when Manansala was invited by an acquaintance to join a very popular crypto project in 2017. The project’s team asked him to…
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Push to ban ransomware payments following Australia’s biggest cyber attack
The attack on Latitude Financial is Australia’s biggest cyber attack with driver's license numbers, passports and financial documents among the stolen information. 781 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe Australian government is being pushed to ban the payment of cyber ransoms, usually demanded in cryptocurrency,…
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Coinbase took out the first Bitcoin-backed loan from Goldman Sachs
The largest exchange in the U.S. has taken out a loan from Goldman collateralized in Bitcoin as a Wall Street first, paving the way for others to follow. 111 Total views 2 Total shares America’s largest crypto exchange Coinbase has been revealed as the mystery firm that took out Wall Street’s first Bitcoin-backed loan from…
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‘Full Transparency Not Ideal for Cryptocurrency’ Says Chainalysis Exec
A major global company that helps fight illicit cryptocurrency-related activity does not think that privacy in crypto markets is necessarily bad.Despite representing one of the primary sources of crypto transaction data for federal agencies like the Internal Revenue Service and the FBI, Chainalysis does not exactly oppose the privacy and decentralization of crypto.“Complete transparency is…
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Rethinking Bitcoin ‘dominance’ at 51% — A misleading metric?
Bitcoin's (BTC) market dominance has traditionally been viewed as a key indicator of its market strength. Currently, the metric is at a multi-year high above 51%. Bitcoin dominance. Source: Coinmarketcap.comHowever, a closer analysis suggests that the concept of "Bitcoin dominance" might not be as informative as it seems, especially when considering the broader dynamics of the
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IRS probes crypto traders using Puerto Rico tax breaks: Report
“The noose is tightening” for wealthy Americans suspected of exploiting Puerto Rico’s relaxed tax regime. 248 Total views 13 Total shares Prosecutors from the United States and agents from the Internal Revenue Service (IRS) are reportedly investigating wealthy crypto traders and fund managers suspected of illegally benefiting from Puerto Rico’s tax breaks. According to a June…
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Riot Platforms again eyed for change by activist investor: Report
Investment firm D.E. Shaw has built a stake in Riot Platforms and is pushing the Bitcoin miner to change, Reuters reports.