Cryptocurrency Analysis and News Portal
Westpac, one of Australia’s ’Big Four’ banks, is launching its first trial of scam protection measures designed to combat fraudulent activities related to cryptocurrencies.The protection measures aim to mitigate losses from scams and reduce potential risks.According to the announcement, investment scams account for approximately 50% of all customer losses linked to
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The parent company of the collapsed Silvergate Bank will be delisted from the New York Stock Exchange (NYSE) and 230 staff will be let go, Silvergate Capital has disclosed.In a May 11 filing to the Securities and Exchange Commission (SEC), Silvergate Capital said 230 staff will be “separated” starting May
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The latest price moves in bitcoin (BTC) and crypto markets in context for May 2, 2023. First Mover is CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
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More than 600,000 Celsius creditors would be closely monitoring the auction as it likely determines subsequent payment schemes. According to a Saturday filing by Kirkland & Ellis, the auction proceedings for bankrupt crypto lending firm Celsius Network LLC will begin on Tuesday. The document further states that the public sale of the New
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The transition aims to make it faster and cheaper to operate on Helium, a project attempting to globally deploy decentralized wireless infrastructure that relies on cryptocurrency as an incentive mechanism. Until Tuesday its tokens lived for nearly four years on the Helium blockchain, a custom layer 1 that lacked the
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Dogecoin is apparently spiking because people believe that Elon Musk could soon integrate a permanent dogecoin payment system on Twitter, the microblogging platform he overpaid for ($43 billion). Twitter has several million daily active users, many of them high-profile, and if even just a small percentage begin transacting in DOGE
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“We know that the world of cryptocurrencies is already a reality and, therefore, from this alliance, all Despegar customers in Argentina will be able to approach this universe in a friendly way,” Paula Cristi, general manager of Despegar for Argentina and Uruguay, said in a statement. Source
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press release PRESS RELEASE. LONDON, ENGLAND – February 15th, 2023 – Neon Link, the new blockchain gaming ecosystem consisting of a layer-1 blockchain, native coin, wallet, dex, bridge, games and more is opening up the opportunity to own part of this project by holding the NEON coin on the 15th
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The European Commission (EC), the executive body of the European Union (EU), has started a regulatory sandbox to test use cases of blockchain technologies and provide legal clarity for the industry, according to a Tuesday press release. See related article: EU looks to place limit on banks holding cryptoFast factsRun by
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Decentralized Finance (DeFi) has always been the most evolving sector in the Web3 space. With new innovations and protocols popping up in the DeFi industry, the ecosystem total value locked (TVL) continued to increase until the bear market stepped in. The bear cycle caused a lot of downturns in many sectors
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