El Salvador buys another 12 Bitcoin for country’s reserve despite IMF deal
El Salvador’s total stockpile now stands at 6,044 Bitcoin, worth over $617 million, after the country bought an additional 12 BTC in the last day.
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Beware! Scammers Are Out for Crypto Amid the Coronavirus Pandemic
As the world continues to battle with the deadly coronavirus pandemic, immoral cybercriminals are once again on the prowl. This time, they are using the chaos and fear through phishing techniques and sophisticated malware hacks to access people’s crypto holdings.On March 27, residents in the United Kingdom received warnings from their local councils “to be…
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Is Bitcoin a hedge against inflation?
How effective is Bitcoin as a hedge against inflation? Let us first understand what inflation is and how useful the other stuff is to deflate it. With inflation in fiat-based economies a given, experts and even regular people have been looking for an investment or a tool that works as a hedge. Gold, stocks and…
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Dapper Labs makes 3rd round of cuts in 9 months amid NFT slump
NFT collectibles company Dapper Labs has said goodbye to another 51 employees only months after a 20% staff reduction in February. 215 Total views 2 Total shares Nonfungible token collection and technology firm Dapper Labs has announced its third round of staff layoffs in less than a year.On July 13, Dapper Labs CEO Roham Gharegozlou…
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Allianz Global Investors CEO Says Crypto Assets Should Be ‘Outlawed’
The CEO of Allianz Global Investors (GI), an investment management firm with €524 billion ($595 billion) in assets under management, has called for crypto assets to be “outlawed,” Reuters reported Dec. 11.Allianz GI CEO Andreas Utermann is said to have made his remarks during a panel in London on Tuesday, seated alongside the head of…
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Binance opens layer-two ETH deposits with Arbitrum One integration
Binance users can now deposit any ERC-20 tokens from the Ethereum network using Arbitrum quickly and at a reasonable cost. 988 Total views 18 Total shares On Friday, Binance announced the integration of the Arbitrum One core network and opened Ether (ETH) deposits on the Arbitrum One layer two.Arbitrum is a third-generation layer-two optimistic rollup…
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Potential SEC chair pledges crypto-forward approach after Gensler resignation
Donald Trump has not yet named his pick for SEC chair to send to the Senate, but Commissioner Mark Uyeda offered a preview of the regulator’s approach to crypto in 2025.
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Blockchain thriving among Fortune 500 companies, but US lags — Coinbase
Coinbase’s fourth annual corporate adoption report found that Fortune 500 companies and small businesses are adopting blockchain technology.
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Spectral Labs identifies Syntax vulnerability, pauses contracts
According to Immunefi, year-to-date losses from crypto hacks, exploits, and scams have topped $1.4 billion as of November 2024.