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FTX users are reportedly being targeted in a withdrawal scam. X (formerly Twitter) user and FTX creditor advocate Sunil cautioned FTX account holders about the phishing scam and urged them to avoid clicking on dubious links.Sunil’s X post highlights the ever-evolving tactics online scammers employ.FTX users have reported receiving deceptive emails purportedly
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In an email sent to Binance clients, the world’s largest exchange shares that the Binance Visa Debit card will not be available from December 2023 onwards. The email cites that Binance will be ending its Visa Debit card program in two months time. Binance users notified of discontinuation As part of this announcement,
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The service will offer a network of "bitcoin-competent" financial planners to help HNWIs build distribution and utilization strategies and address potential tax and inheritance issues, Unchained said. Source
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Larry Fink’s comment reveals BlackRock’s strong interest in crypto following the company’s application for a spot Bitcoin ETF. The Chief Executive Officer of asset management giant BlackRock Inc (NYSE: BLK) recently said there is “the need for crypto” among the company’s many clients. Fink revealed this in a Monday interview on Fox Business. BlackRock
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This AI system is designed to alleviate the increasing compliance burden and complexity faced by businesses in a global context. PricewaterhouseCoopers LLP (PwC), one of the world’s leading accounting and consulting firms, has partnered with OpenAI to integrate Artificial Intelligence (AI) into its advisory services. This innovative collaboration marks a significant
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American banking giant JPMorgan debuted its in-house blockchain-based tokenization application, the Tokenized Collateral Network (TCN), on Oct. 11, according to Bloomberg. TCN settled its first trade for asset management giant BlackRock.The Tokenized Collateral Network is an application that allows investors to utilize assets as collateral. Using blockchain technology, investors can transfer
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Russian clients of Binance, following its exit from the region, are shifting to various platforms for crypto trading. However, it is emerging that CommEX, the company that acquired Binance’s Russian business, isn’t a preferred choice for many clients. Thus far, peer-to-peer (P2P) operations have fallen by between 10 and 30%,
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A foray into traditional finance by Kraken would put the exchange in direct competition with US-based trading platform Robinhood. Cryptocurrency exchange Kraken reportedly plans to begin offering trading services for exchange-traded funds (ETFs) and US-listed stocks. A September 27 report by Bloomberg stated that the exchange plans to launch its trading
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In a pilot, Citi used smart contracts to serve the same purpose as bank guarantees and letters of credit working with shipping company Maersk and a canal authority. Original Source
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A phishing attack on Retool led to the theft, which helped spur Fortress Trust’s agreement to sell itself to Ripple, sources said. Source
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