Binance, which is preparing to launch its new Japanese platform in August, will offer users the opportunity to trade 34 coins, local crypto media reported. Besides major cryptocurrencies such as bitcoin and ether, Binance’s own token will also be among the listed digital assets.
Binance to Restore Crypto Trading in Japan With More Coins Than…
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Despite recent changes to macroeconomic policies, analysts warn that Bitcoin could still plummet to $25,000. Data shows that the 50-day EMA has been persisting as resistance for the past week with Bitcoin having no significant changes to the upside. Given these challenges, what are the best cryptos to buy now? The stability of Bitcoin is…
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Phony websites offered customers a premium for claiming through them. In reality, they drained customers’ wallets. Scammers set their sights on Voyager Digital customers during the month-long window when they were able to withdraw some portion of their funds from the bankrupt crypto brokerage, Bloomberg reported, citing Darren Azman, a lawyer for the firm. Law…
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The retail company used to be known primarily for its brick-and-mortar retail stores but has also launched an NFT marketplace and a soon-to-be-canceled line of crypto wallets. Gaming retail company GameStop has announced it will remove its digital wallets from the market starting in November, citing “regulatory uncertainty of the crypto space.” In a notice…
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Zero transfer scams are becoming prominent in the crypto ecosystem, with over $40 million stolen in 2023. A scammer using zero transfer phishing attack managed to steal $20 million worth of Tether (USDT) on Aug. 1 before getting blacklisted by the stablecoin’s issuer Tether. According to an update from on-chain analytic firm PeckShield, A zero…
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Bitcoin’s price plunged under the psychologically significant support level of $30,000 over the past week, reaching a close of $28,874 today. The Federal Reserve’s decision to increase the rate by 25 bps on July 26 seems to have been largely shrugged off by Bitcoin, however. As Bitcoin continues to consolidate, what are the best cryptos…
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According to the report, nearly half of the month’s losses were caused by the Multichain exploit, which resulted in $231 million in losses alone. The cryptocurrency market is having its worst month of 2023, according to a report from Web3 outlet De.Fi shared with Cointelegraph. Losses for July totaled $486 million, more than six times…
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An industry organization in Japan has suggested that the government should reform taxation rules for crypto assets and transactions. Its members are convinced that the current tax regulations hinder growth of the Web3 economy in the country and discourage taxpayers from holding and using cryptocurrencies. Japan Government Asked to Amend Tax Laws for Crypto Gains…
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John Deaton believes the unequal treatment raises concerns about the regulatory body’s effectiveness and fairness, as well as the overall framework for digital assets. Pro-XRP lawyer, John Deaton, has said that the actions taken by the United States Securities and Exchange Commission (SEC) against the crypto industry are driven by a broader motive to safeguard…
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The filing revealed that on Jan. 15, 2023, SBF contacted the current general counsel of FTX US, who could potentially serve as a witness in the trial. According to a July 28 court filing, the United States Department of Justice (DOJ) is seeking the revocation of Sam Bankman-Fried’s (SBF) bail, accusing him of attempting to…
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