Category: CyberFinance
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Bitcoin Mining Chip From Twitter Co-Founder Jack Dorsey Enters Prototype Stage!
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Block’s Bitcoin mining chip will make Bitcoin mining easily accessible for individual miners and crypto mining firms. After resigning as Twitter CEO in 2021, Jack Dorsey shifted his focus toward building Block (website), a Web3-friendly financial services company. Block allegedly completed the prototype design of a 5-nanometer high-performance Bitcoin mining…
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Meet Entrepreneur Paul Klansckek And Bitpanda!
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In 2014 Paul Klanschek founded with Eric Demuth and Christian Trummer Bitpanda, one of the most popular crypto trading Platforms in Europe!
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Bank Crisis: First Republic Bail-Out Not Yet Finished!
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The U.S. Federal Deposit Insurance Corp (FDIC) is in the process of seizing and selling the First Republic, a U.S. bank caught in the post-FTX banking crisis. It was expected that FDIC announced the bail-out results before the opening of the Asian stock exchanges on Monday. However, no announcement has…
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“Crypto Is Not A Security,” SEC Chair Gary Gensler Told Students!
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SEC chief Gary Gensler was not always on a crusade against crypto. An old video even shows him claiming that most crypto assets are commodities. The video circulating on Twitter shows Gary Gensler giving a talk as part of a blockchain course at MIT in 2018. At the time, Gensler…
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114 Scams In 45 Days, 200 Stolen ETH – One Address.
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A scammer creates dubious Memecoins with strange messages every day. He sends the stolen Ethereum to Coinbase. According to “online detective” ZachXBT, one scammer launched around 114 projects in the past 45 days alone.
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MiCA: The EU Welcomes Crypto As Part Of Its Monetary System!
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While U.S. lawmakers and regulators struggle to deal with the crypto challenge, the EU has embraced crypto and made it part of the European financial system. Last week, the EU Parliament passed the Markets in Crypto-Assets (MiCA) framework establishing crypto as part of the European monetary system.
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Kraken Unstakes $1 billion Worth Of Ethereum.
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Crypto exchange Kraken is pulling over $1 billion in Ethereum from its staking pots. The move follows its dispute with the U.S. Securities and Exchange Commission (SEC).
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Connections To China Allegedly Concealed Crypto Exchange Binance!
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According to reports, the world’s largest crypto trading platform Binance has concealed its connections to China. If the allegation turns out to be accurate, this could have severe consequences for the company.
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Emoji Culture: FTX Executives Approved Million-Dollar Deals By Emoji!
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The deep fall of crypto exchange FTX is due to a mix of “hubris, incompetence, and greed,” according to a new report from the bankruptcy trustee. The report sharply criticizes the chaos and lack of financial control and accounting mechanisms under founder Sam Bankman-Fried. Million-dollar expenditures were approved by Emoji.
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MicroStrategy And Michael Saylor Are Rebuying Bitcoin!
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MicroStrategy, as the company with the world’s most significant Bitcoin holdings, has once again bought the coins of the mother of all cryptocurrencies. The interest in Bitcoin has today driven its price above the $30,000 mark. MicroStrategy has bought massive amounts of BTC!