The UK Has Created Crypto Banking Problems
U.K. lobbying groups and lawmakers have been complaining that crypto clients can’t find a bank and are faced with restrictions, so they are calling the government to act. Source
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Banks down? That is why Bitcoin was created, crypto community says
Silicon Valley Bank (SVB) collapse on March 10 has sparked fear, doubt, and uncertainty (FUD) across the crypto community, leading many to come back to crypto roots, reviving the Bitcoin white paper published just weeks after the Lehman Brothers meltdown in 2008. It's truly amazing how many people are scared that
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Investment Fund Focused on Crypto Mining to Be Created in Russia – Mining Bitcoin News
The establishment of Russia’s first mutual investment fund dedicated to financing cryptocurrency mining operations is underway. According to a report by the Russian press, it will be available to qualified investors and will finance the acquisition of coin minting equipment. Russian Crypto Mining Sector to Attract Shareholders Through Investment Fund Work has
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CryptoUnity – Created with Beginners, for Beginners
Place/Date: - January 23rd, 2023 at 10:09 am UTC · 4 min read Source: CryptoUnity The world of finance is constantly evolving and one of the newest players in the field is CryptoUnity. Cryptocurrencies are slowly but surely taking over the world, expanding their presence
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As the Fed Turns 109 Years Old, the US Dollar’s Purchasing Power Eroded by More Than 96% Since It Was Created – Featured Bitcoin News
109 years ago, the U.S. Federal Reserve was created and ever since that day, the purchasing power of the U.S. dollar has dropped a great deal. Since the Fed started, more than 96% of the greenback’s purchasing power has been erased via inflation. The Purchasing Power of the U.S. Dollar After
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350 new ‘scam tokens’ were created every day this year: Solidus Labs
More than 350 fraudulent cryptocurrency tokens were created per day this year, defrauding millions of investors, according to blockchain risk monitoring firm Solidus Labs.From the start of the year to Dec. 1, 117,629 “scam tokens” were deployed according to Solidus’ 2022 “Rug Pull Report.” That’s a 41% increase from the
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Major VC Firm Sequoia Capital Marks FTX Investment to $0 — Says ‘Liquidity Crunch Has Created Solvency Risk for FTX’ – Exchanges Bitcoin News
Venture capital giant Sequoia Capital is marking its investment in the embattled crypto exchange FTX down to $0. “In recent days, a liquidity crunch has created solvency risk for FTX,” the firm stressed, adding that “The full nature and extent of this risk is not known at this time.” Sequoia Capital
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DeFi lending protocol created by ex-QuadrigaCX co-founder surpassed $50M in TVL
According to DeFi Llama, UwU Lend, a decentralized finance, or DeFi, protocol that acts as a money market on the Ethereum blockchain, has surpassed $50 million in total value locked (TVL). The non-custodial protocol was created by Michael Patryn, known by the pseudonym "Sifu," who was the co-founder of defunct
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Snapple Created a Bodega in the Metaverse
Promotions like Snapple’s have been mostly met with groans from the metaverse-native, but as the idea of Web3 treks forward into the mainstream it’s likely these installations will only become more common. Pepsi famously made all of Crypto Twitter cringe with its attempt at adopting crypto slang last December, but
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ENS Domain Registrations Skyrocketed Last Month, Total Names Created Nears 2 Million – Bitcoin News
The number of Ethereum Name Service (ENS) domains is nearing the two million mark as 1,888,209 ENS names have been etched into the Ethereum blockchain to date. The project recently detailed that July saw the largest monthly rise in revenue scoring 5,400 ether worth roughly $2.48 million during the course
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