Day: June 7, 2022

Binance Refutes ‘Skewed’ Money Laundering Claims

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Terra’s aftermath in China, Japan and South Korea

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The “long waves” of TerraUSD’s May 7 collapse, which we noted two newsletters ago, are extending even further. Last week brought some notable reactions to the stablecoin’s depegging in the East Asia region.  A Chinese state-owned media outlet, the Economic Daily has signaled that the Chinese government may introduce even tighter regulations on cryptocurrencies and stablecoins due to the collapse of the Terra ecosystem. It might even mean a complete ban on stablecoins to prohibit ownership, transfer, purchase and sale of the assets, some experts believe. What China plans, Japan…

Now Decoupled From Terra, “Bitcoin’s Selling Pressure Should Subside”

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The Terra / Luna / UST collapse keeps on generating headlines. This time, we’ll use the data in ARK’s “The Bitcoin Monthly” report to establish its impact on the bitcoin ecosystem. Remember that the non-profit organization LFG, AKA the Luna Foundation Guard, accumulated BTC to defend UST’s peg to the dollar. In a then-delated May interview, Terra’s Do Kwon said that they were trying to get to $1B in BTC so that “besides Satoshi, we will be the largest single holder of Bitcoin in the world.” Related Reading | Terra…

Coming up on 15 May – Celeb crypto investment scheme | Carte Blanche | M-Net

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io They sold their homes and cashed out policies to invest in a lucrative crypto scheme. So, why are the promised returns – and the celebrity they trusted – nowhere to be found? — Visit the Carte Blanche official site: Find us on Catch Up: Stream the show live on DStv Now: Watch more series and movies on Showmax, start your 14-day free trial here: Get DStv: Like Carte Blanche on Facebook: Follow Carte Blanche on Twitter: Be a fan on Instagram: #CarteBlanche…

Maiar decentralized crypto exchange goes offline after bug discovery

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The Maiar Exchange, a decentralized exchange (DEX) native to the Elrond blockchain, has been temporarily taken offline after an attacker utilized an exploit and made off with roughly $113 million worth of Elrond eGold (EGLD). Minutes before 12:00 am UTC on Monday, the co-founder and CEO of Elrond, Beniamin Mincu, tweeted that he and his team were “investigating a set of suspicious activities” on the Maiar decentralized cryptocurrency exchange. Soon after, the DEX was taken offline, with Mincu reporting that the issue had been identified and an “emergency fix” was being implemented. In…

South Korea to Recruit Companies for Metaverse Content Creation Project – Metaverse Bitcoin News

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The South Korean science and ICT ministry has said it will recruit companies that will participate in its 2022 Metaverse Content Creation Project. A director in the ministry said the project is being promoted as part of the country’s industry-leading metaverse strategy. Building Trust in the Metaverse Content Creation Ecosystem South Korea’s Ministry of Science and ICT in conjunction with the National Information and Communication Industry Promotion Agency (NIPA) has said it will recruit companies that will be participating in the 2022 Metaverse Content Creation Project. Through the project, South…

BlockFi Valuation Sinks to $1B in Latest Funding Round: Report

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Free Bitcoin Mining / Mbk Token / Binance Coin Earning $5000 Airdrop |

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