Source: a video screenshot, Future Unity / YouTube There has been a surge in meme coins linked to Elon Musk following the billionaire’s verbal outburst at X (formerly Twitter) advertisers. Meme coins have become a breeding ground for eccentric tokens inspired by various personalities and events. This week, the latest addition to this trend comes in the…
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Uniswap logo Bitcoin (BTC) is backing off after hitting fresh highs for the year in the $38,800s earlier in the session, but at current levels in the $38,300s, is still up close to 2% in the past 24 hours. Other major cryptocurrencies like Ether (ETH), XRP (XRP), Solana (SOL) and Cardano (ADA) were all also…
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Source: fasset.ae Digital asset brokerage Fasset FZE has received a Virtual Asset Service Provider (VASP) license from the Virtual Asset Regulatory Authority (VARA) in Dubai, UAE. According to the press release, the operational license is the final stage in VARA’s approval process. It authorizes the company to provide digital asset broker-dealer services to retail and institutional investors, in…
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Source: dmitriy/Adobe Hong Kong’s government says more banks based in the country are preparing to join Mainland China’s digital yuan pilot. Mainland China’s central bank, the People’s Bank of China (PBoC), wants to expand its CBDC’s cross-border applications. And it seemingly wants even more overseas banks to join the pilot, as it focuses on international…
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Uniswap logo Blue-chip cryptocurrencies are consolidating close to recent highs, with Bitcoin (BTC) having once again challenged year-to-date highs earlier in the session in the $38,400s. The world’s largest cryptocurrency by market capitalization was last trading in the $37,800s, roughly flat on the day as traders monitor commentary from a top US Treasury official, who…
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Image source: Pixabay There has been an increase in donations to charities linked to Hamas following the resistance group’s attack on Israel on October 7. According to Israeli officials, the surge in donations is estimated to be around 70%, CNBC reported on Tuesday. The report noted that the exact amount of money cannot be independently confirmed. …
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Source: AdobeStock / Krakenimages.com The United States Department of Justice (DOJ) has seized nearly $9 million worth of USDT from an organization running pig butchering scams – with Tether’s help. According to the press release, the authorities traced the funds to cryptocurrency addresses allegedly connected to an organization that swindled more than 70 victims via…
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Source: AdobeStock / Vitalii Vodolazskyi Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Regulation news Hong Kong authorities may give regulators more power to fight cryptocurrency scams and will consider measures to take, such as using laws targeting money laundering, the…
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Source: Eagle/Adobe The international banking giants HSBC and Hang Seng Bank have joined China’s digital yuan pilot. 21st Century Business Herald reported that a group of “four foreign banks” have “officially announced the launch of digital yuan business.” HSBC’s Chinese arm confirmed its participation in the CBDC pilot on its social media channels. Hang Seng…
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Source: AdobeStock / Sergey Nivens Taipei-based cryptocurrency trading and investment firm Kronos Research has initiated negotiations with the hacker responsible for the recent theft of $25 million from the company’s treasury. In a public message addressed to the unknown attacker, Kronos Research offered the hacker to return 90% of the stolen funds, and the matter…
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