More people are using crypto in Russia than ever before, a leading Moscow-based academic has claimed. Per the Russian-language media outlet Coinspot, the comments came from Evgeny Kogan, Professor of Economic Sciences at the National Research University Higher School of Economics (HSE). Crypto in Russia: Adoption on the Rise? Kogan claimed that “interest in cryptocurrencies”…
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In an unprecedented surge, crypto funds around the globe registered record inflows totaling $2.45 billion last week, marking a significant uptick in investor interest. This influx has propelled the total assets under management (AUM) back to levels not seen since December 2021, signaling a strong resurgence in the crypto investment space. Record $2.45 Billion Inflows…
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The automated DeFi exchange, FixedFloat, was targeted in a hacking incident that resulted in the loss of 409 Bitcoin (valued at approximately $21.3 million) and 1700 ETH (worth around $4.9 million). This breach was reported by the blockchain cybersecurity Twitter account Officer’s Notes, under the handle @officer_cia. Looks like @FixedFloat just got exploited for 1700…
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Hong Kong-based Web3 social platform beoble has closed its seed funding round, bringing in a total of $7 million from a diverse group of investors including Hashkey, Samsung, DCG, DWF Ventures, Nomura Laser Digital, Cypher Capital, and Blockchain Founders Fund. This latest funding comes three months after their pre-seed announcement. beoble plans to utilize the…
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In the During the Asian session, Bitcoin is trading near $52,250, marking a modest increase of approximately 0.50% on Monday, the cryptocurrency landscape is undergoing significant shifts. Notably, Coinbase’s recent decision to halt native Bitcoin payments for merchants, opting instead for a Coinbase account requirement, has sparked a vibrant dialogue regarding Bitcoin’s scalability and practicality…
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Robert Kiyosaki, author of the best-selling financial book “Rich Dad Poor Dad,” has once again made a bullish case for bitcoin price. On Sunday, he took to X (formerly Twitter) to declare, “BITCOIN to $100k by June 2024.” This bullish forecast further cements his position as a prominent advocate for cryptocurrency and “hard assets” like…
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A Virginia Senate Committee has put forward a recommendation for an annual combined fund allocation of $39,240 to support two recently established commissions focused on artificial intelligence (AI) and cryptocurrency. The proposal, presented by a Subcommittee of Virginia’s Senate Finance and Appropriations Committee on February 18, allocated over $23.6 million to various legislative departments. Among…
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Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Mexican billionaire Ricardo Salinas Pliego offers bitcoin investment advice, Bitso’s report finds Latam is a bitcoin region, and Honduras bans financial institutions from dealing with crypto. Mexican Billionaire Ricardo Salinas Gives Bitcoin Investment…
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With bitcoin’s value rising past the $51,000 mark, numerous long-dormant bitcoin hoards have begun to mobilize unspent transaction outputs (UTXOs) that have remained untouched for an extended period. Although instances involving ‘sleeping bitcoins’ from the years 2009, 2010, and 2011 are considerably scarce, there’s been a noticeable resurgence of older coin batches from 2012, 2013,…
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Bitcoin Price Prediction In the wake of Bitcoin’s price dip to the $50,000 mark, the cryptocurrency community is keenly observing its recovery to $51,500, albeit with a near 1% decrease. Amidst this scenario, investors and analysts are scrutinizing the digital currency’s resilience and the broader implications of recent industry developments. These include notable incidents like…
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