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Despite the recent crackdown by the U.S. Securities and Exchange Commission (SEC) on staking services offered by centralized providers, Coinbase has reiterated to customers that its staking services will continue, and “may actually increase.”In a new customer email, highlighted by popular traders such as @AltcoinPsycho via Twitter on March 10,
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The network’s native token, Hedera (HBAR), fell 7% to roughly $.055 on news of the irregularities. Source
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The new year began with the news that notable Web3 entrepreneur Kevin Rose fell victim to a phishing scam in which he lost over $1 million worth of nonfungible tokens (NFTs). As mainstream financial institutions begin to provide services related to Web3, crypto and NFTs, they would be custodians of client
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The healthcare industry, like many other industries, has begun implementing Web3 technologies to serve those in need better. Now healthcare services are even showing up in the metaverse, specifically for those seeking mental health care. Cryptox spoke with two executives of the metaverse peer-to-peer mental health support group program Innerworld, about how the
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Some companies behind Tether (USDT) reportedly used fake paperwork and shell companies to get bank accounts after the stablecoin’s then-banking partner, Wells Fargo, halted services for several of Tether’s Taiwanese accounts. A Mar. 3 report from the Wall Street Journal (WSJ) has alleged that Tether, in conjunction with a major Chinese crypto broker,
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Ras Al Khaimah’s recently announced free zone for virtual asset firms will explore accepting crypto payments from companies looking into setting up their businesses in the emirate, a lawyer involved in the hub’s development said.Dubai-based crypto lawyer Irina Heaver told Cryptox that once the Ras Al Khaimah Digital Assets Oasis
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The automaker plans to ramp up battery production for all vehicles and utility-scale energy storage systems. It appears investors are not pleased with the outcome of the Tesla 2023 Investor Day held on in Austin, Texas. CEO Elon Musk and other executives at the manufacturing company discussed Tesla’s position to influence
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Tencent, the Chinese software and tech company, has announced its metaverse suite of services designed to target Asian markets. The company revealed that it will revamp its media offering with its new “metaverse-in-a-box” proposal, which aims to facilitate the task of building virtual worlds for third-party companies. Tencent to Focus on
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Google Cloud, the remote services division of the software giant, has announced a partnership with blockchain company Tezos to become a block validator (“baker”) in its network. As part of this partnership, Google Cloud will also offer Tezos validation services through its platform, allowing easier deployment for customers worldwide. Google
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