A US official has raised concerns about a provision in Senator Elizabeth Warren’s proposed bill on digital assets. During a hearing on “Crypto Crime in Context” held on February 15, Representative French Hill and other lawmakers questioned crypto experts about the implications of subjecting digital asset miners and validators to the same regulations as financial…
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K-pop stars Choi Si-won and Cho Hyun-young have denied allegations that they were involved in promoting so-called South Korean “scam coins.” Their denials come amid ongoing controversy and suspicions surrounding the blockchain-powered sports platform Winnerz. A growing number of top-level South Korean YouTubers and celebrities have been linked to the controversy since anonymous crypto investors…
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It is no longer viable for nation-states to destroy the Bitcoin (BTC) and Ethereum (ETH) networks through 51% attacks. According to the latest research from crypto intelligence firm Coin Metrics, the astronomical costs required to carry out such attacks make them impractical and unprofitable. A 51% attack refers to a malicious actor owning more than…
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The trading pairs involving First Digital USD (FDUSD) have seen a surge in trading volume on Binance, reaching its highest share ever in spot trading volume on the exchange. On February 12, FDUSD pairs accounted for 38% of Binance’s total spot trading volume, marking a substantial 42.6% increase compared to the previous month, according to…
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Financial technology startup and neobank, Revolut plans to list Solana-based meme coin “Bonk” on its trading platform, according to a CoinDesk report, citing a person familiar with the matter. Following the news Bonk could be listed on Revolut, the meme coin spiked and is trading up 15% in the last 24 hours, according to data…
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Gold exchange-traded funds (ETFs) have faced significant outflows this year, while ETFs tracking the spot price of Bitcoin (BTC) have seen strong inflows. According to Bloomberg intelligence analyst Eric Balchunas, the leading 14 gold ETFs have experienced outflows of $2.4 billion in 2024 as of February 14. Among the gold ETFs, only three have seen…
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Crypto.com, the US-based cryptocurrency exchange, has thrown its hat into the ring for a license to operate in Hong Kong. The company submitted an application to the Hong Kong Securities and Futures Commission (SFC) on February 9th, seeking approval to operate as a virtual asset trading platform (VATP). This addition brings the total number of…
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The recent PlayDapp security breach has taken a grim turn, with cumulative losses now exceeding $290 million. According to a report by blockchain analytics firm Elliptic, the exploit resulted in the theft of millions worth of PLA tokens, the native cryptocurrency powering PlayDapp’s gaming platform and NFT marketplace. The report, released on Tuesday, revealed that…
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The Starknet Foundation has announced the first phase of the Starknet Provision Program to reward community members with its utility token. In a Feb 14 release, the platform disclosed the distribution process and the general utility for STRK tokens. Check your eligibility for STRK https://t.co/MZ4DTMzQgH pic.twitter.com/bn5iKfMo0W — Starknet (@Starknet) February 14, 2024 https://platform.twitter.com/widgets.js The Foundation…
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Explore what experts are saying about the best crypto to buy now, focusing on long-term potential and recent market trends in the blockchain space. Image by cryptonews.com. With major cryptocurrencies experiencing a price dip on Tuesday in wake of hotter-than-expected US CPI data that has seen markets pull back on Fed rate cut bets, investors…
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