Wednesday, December 18, 2024
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Bitcoin, EOS, and BNB prices fall after Binance deal; InQubeta draws investors

The Binance exchange aims for its native Binance Coin (BNB) to regain favor as a viable crypto investment following the resolution of its legal issues with the U.S. Securities and Exchange Commission (SEC).  The settlement involved Binance CEO Changpeng Zhao pleading guilty to violating U.S. anti-money laundering laws and agreeing to

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Failed ‘$175M’ real estate token raise draws ire of Texas regulators

The Texas State Securities Board has accused a network of companies under the "GS" brand and operating from Germany of fraudulent activities "tied to digital assets, investments in a staking pool in a proprietary metaverse." The network of companies is controlled by Josip Dortmund Heit.As described by regulators on November

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Starknet Draws Attention from Crypto Enthusiasts Following Celestia’s Recent Airdrop

Digital-asset markets in October brought what might be the first signs of a thaw in the industry deep freeze known as "crypto winter," which has depleted project funds and led many companies to cut staff, as reported in prior editions of The Protocol. It's been widely reported that bitcoin (BTC)

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IRS Cryptocurrency Tax Proposal Draws Alarm From Crypto Exchange Coinbase (COIN)

In August, the Treasury Department published its nearly 300-page proposed rule, meant to finally comply with the 2021 Infrastructure Investment and Jobs Act. It sets out reporting obligations for centralized crypto exchanges, payment processors, some hosted wallet providers, some decentralized exchanges and people or entities that redeem crypto tokens. Original Source

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Nigerian crypto exchange’s token launch draws scrutiny

Patricia, a Nigerian cryptocurrency exchange, has revealed the introduction of its own native token named Patricia Token (PTK). However, the launch has generated more doubt than applause within the local cryptocurrency community.Native tokens are digital assets that are specific to a particular blockchain platform or cryptocurrency exchange. They are created

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Bitcoin-Based Arcade Game New Bitcoin City Draws the Attention of Crypto Gamers

@punk3700 previously built Trustless Market, a Uniswap fork on Bitcoin, amid the Ordinals protocol hype to jumpstart BRC-20 token activity on the blockchain. Shortly after launch, the protocol racked up daily volumes of $500,000, attracted over 2,000 users, and let liquidity providers earn a 2% cut on all swaps conducted

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