Tag: Altcoin News

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Russia’s Nornickel Using ‘Digital Assets’ to Pay Employee Dividends

Source: Alex J/Adobe The Russian metal mining giant Nornickel (Nornickel Norilsk) says it will start paying its employees dividends with “digital financial assets.” The firm’s board of directors has approved a program that will see employees receive around $10.40 per share. And, according to a Nornickel Telegram post, the company’s main shareholders have also approved…
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Trezor Security Breach Exposes 66K Users: Phishing Risks Heightened

Trezor has reported a security breach that has exposed the contact information of nearly 66,000 of its users. The incident came to light on January 20, when Trezor officially announced that unauthorized access had been identified on a third-party support portal on January 17. According to the company, individuals who had interacted with Trezor’s support…
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Denver Pastor Claims $300K Home Renovation Funded by Crypto Scam Was ‘God’s Plan’

Denver pastor Eli Regalado, who is currently facing a lawsuit filed by Colorado’s securities commission for allegedly defrauding investors through the sale of the valueless INDXcoin cryptocurrency, has released a video responding to the allegations. In the video, Regalado admits that investors are unable to cash out their funds and explains the challenges they have…
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‘Pig Butchering’ Crypto Scheme Uncovered: Debiex Charged by CFTC for Defrauding Investors

The Commodity Futures Trading Commission (CFTC) has charged digital asset platform Debiex for engaging in a deceptive scheme known as “pig butchering,” which resulted in the loss of $2.3 million from investors. On Firday, the CFTC filed a complaint against Debiex and Zhāng Chéng Yáng in the U.S. District Court for the District of Arizona.…
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SEC Freezes Assets of Church for Selling Unregistered ‘God-Backed’ Crypto Token

Colorado-based pastor Eligio “Eli” Regalado and his wife, Kaitlyn, are facing legal action after allegedly defrauding investors of millions of dollars through the sale of an unregistered crypto token, called INDXcoin. The token was marketed to devout Christians as a “God-backed” digital asset. The couple reportedly raised around $3.2 million through sales of the token,…
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Top Crypto Gainers Today on DEXTools – $SAVM, $SHEPE, $SATOSHI

Top Crypto Gainers Today on DEXTools $SAVM, $SHEPE and $SATOSHI are some of the top small-cap crypto gainers today on DEXTools, while blue-chip cryptocurrency markets struggle amid elevated sell pressure. Small-cap cryptocurrencies almost always take the mantle for the top crypto gainers each day. That’s because their low level of liquidity means that relatively small…
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Biggest Crypto Gainers Today on Uniswap – CBDC, TEST, TRUMP

Uniswap logo Despite a slide in the Bitcoin (BTC) price to fresh 2024 lows under $41,500 in recent trade, crypto degens hunting fast gains continue to drive explosive action in low-cap markets, with CBDC, TEST and TRUMP the biggest crypto gainers today on Uniswap. The majority of major cryptocurrencies are trading in the red on…
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Bitcoin Mining Using Sustainable Energy With a Record High of 54.5% in 2023

Sustainable energy use for Bitcoin (BTC) mining reached an all-time high of 54.5% in 2023, a 3.6% increase throughout the calendar year. The analysis, conducted by The Bitcoin ESG Forecast, compared Bitcoin’s sustainable energy mix to other industries using publicly available data over the past four years. The results indicate that Bitcoin mining currently ranks…
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Tokenized Funds Skyrocketed to $800M Value in 2023, Sparked By US Treasury Tokenization: Moody’s

The growing trend of tokenizing traditional assets has caught the attention of legacy financial institutions. According to a recent report by Moody’s, a leading investment risk assessment firm, the value of tokenized funds has surged from $100 million at the beginning of 2023 to approximately $800 million today, driven by the rising tokenization of U.S.…
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Singapore’s MAS Denies Listing Bitcoin Spot ETF, Retail Investors Can Still Access US ETFs

The Monetary Authority of Singapore (MAS) has made it clear that spot Bitcoin (BTC) ETFs will not be allowed to be listed in Singapore for retail investors. The decision stems from the fact that cryptocurrencies, including Bitcoin, are not considered eligible assets for ETFs according to Singapore’s regulations, a spokesperson for the MAS told Lianhe…
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