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Russians and Ukrainians turn to Hong Kong to store money in crypto, report says

Hong Kong-based OTCs say the region has become a safe harbor not only for crypto multimillionaires but for ordinary people, too. As the ongoing international conflict between Russia and Ukraine keeps unfolding, many citizens of both countries turned to Hong Kong, seeking safety for their money in crypto. Chainalysis, a New York-based

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Binance, Coinbase navigate challenges; FTX drama takes turn

Hong Kong, Australia, and Venezuela took center stage as regulatory actions rocked the scene. Meanwhile, Sam Bankman-Fried’s parents face lawsuits while Binance and Coinbase navigate challenges.  Hong Kong ramps up efforts During the Shanghai Blockchain International Week, Duncan Chiu, a member of Hong Kong’s Legislative Council, announced the forthcoming implementation of stablecoin

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OnlyFans, Patreon models turn to Web3 amid payment and censorship fears

Adult content creators have continued to shift towards decentralized versions of OnlyFans and Patreon, after recent payment difficulties and the ever-present threat of being de-platformed. Leon Lee, founder and CEO of Only1 — a decentralized version of OnlyFans — tells Cryptox there has been a recent power shift from intermediaries

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North Korean hackers turn to Russia to launder crypto

Blockchain analysts warn of growing cooperation between Russia-based crypto exchanges and North Korea-linked hacking groups. Democratic People’s Republic of Korea hacker groups have been actively using Russia-based exchanges to launder crypto since 2021, as strict international monitoring of North Korea’s on-chain crimes limits the country’s possibilities of an enrichment capability. According to

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Dogecoin drama takes legal turn, DigiToads presale wins over whales

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In the crypto market, two narratives currently dominate: the Dogecoin lawsuit and the rise of DigiToads in the ongoing presale. These can reshape the meme coin landscape and the broader crypto market. Dogecoin holders sue Elon Musk Dogecoin is firm

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Bitcoin holders turn to Ethereum, DigiToads supporters bullish on TOADS

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto investments necessitate a strategic outlook that underscores the enduring technological potential over the long term. Historical data serves to exemplify the steadfastness of investments centered on technology. The previous crypto cycle revealed promises such as

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Crypto Investors Sour on Bitcoin (BTC) Funds After Massive Inflows, Turn to Ether (ETH) and Ripple’s XRP: CoinShares

ETH-focused investment products enjoyed the largest inflows among all cryptocurrencies, totaling $6.6 million. The growth suggests that “sentiment, which has been poor this year, is beginning to turn around” for the second largest crypto asset, noted James Butterfill, head of research at CoinShares. Source

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