Tag: News

ETH, BTC Remain Lower Ahead of Federal Reserve Rate Decision – Market Updates Bitcoin News

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ETH was close to falling below $1,000 on Wednesday, as markets began to prepare for the latest Fed policy meeting. Many expect that the FOMC will opt to hike interest rates today, as inflation continues to peak. BTC was also lower, hovering slightly above $20,000. Bitcoin BTC was hovering marginally above $20,000 in today’s session, as markets were anticipating the latest FOMC policy meeting. Following a high of $22,729.56 yesterday, BTC/USD sank to an intraday low of $20,178.38 earlier in the day. As a result of this latest low, bitcoin…

Nearly 70,000 Issued Binance Refugee Crypto Card for Ukrainians – Exchanges Bitcoin News

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Thousands of Ukrainians have ordered a crypto card issued by the world’s leading digital asset exchange, Binance, for its users from the war-torn country. The card allows people displaced by the ongoing conflict with Russia to make payments and receive financial support. Binance Announces Results From Efforts to Help Ukrainian Refugees Between April 26 and June 10, almost 70,000 people have been issued the Binance Refugee Crypto Card, the largest coin exchange by trading volume unveiled to the crypto news outlet Forklog. The payment product was offered in April to…

Cryptocurrency Designed to Evolve Alongside Humanity – Sponsored Bitcoin News

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sponsored Agoras is the cryptocurrency of Tau. If you haven’t heard about Tau yet, it is the first-ever decentralized blockchain social network, that will be able to take the thoughts, advice, and knowledge of its users and update its own software in real-time to give all users control over what the software does for them and how it evolves at any scale. On Tau, your profile, holding all your opinions and knowledge, is called a Worldview. The consensus of everyone’s Worldviews will define the next version of Tau, bringing you…

South Korean Government Calls for Voluntary Regulations From Crypto Industry – Regulation Bitcoin News

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The executive power and the ruling party in South Korea have urged the cryptocurrency industry for what officials describe as voluntary regulatory measures, a Korean media report revealed. The call was issued during a consultative meeting devoted to crypto assets. Government Asks South Korean Crypto Sector for Regulatory Proposals Representatives of the South Korean government and the ruling People Power Party met on Monday to discuss issues related to the crypto space. The consultations were held in the aftermath of last month’s collapse of the terrausd (UST) algorithmic stablecoin and…

Hackers Are Cloning Web3 Wallets Like Metamask and Coinbase Wallet to Steal Crypto – Bitcoin News

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Confiant, an advertising security agency, has found a cluster of malicious activity involving distributed wallet apps, allowing hackers to steal private seeds and acquire the funds of users via backdoored imposter wallets. The apps are distributed via cloning of legitimate sites, giving the appearance that the user is downloading an original app. Malicious Cluster Targets Web3-Enabled Wallets Like Metamask Hackers are becoming more and more creative when engineering attacks to take advantage of cryptocurrency users. Confiant, a company that is dedicated to examining the quality of ads and…

Celsius Seeks Help From Restructuring Lawyers Over Financial Hardship – Bitcoin News

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Following the rumors and speculation surrounding the crypto lending firm Celsius, a Wall Street Journal report, quoting “people familiar with the matter,” explains that the company is reportedly hiring restructuring lawyers. Basically, hiring restructuring and insolvency attorneys is one of the first stages of fixing a company’s financial hardship by essentially attempting to avoid insolvency. Report Says Celsius Is Looking for Help From Investors or a Well Known Restructuring Law Firm On June 13, 2022, Bitcoin.com News reported on the lending platform Celsius shutting down specific operations such as withdrawals,…

XOXO Is Flipping the Script and Announcing a Genesis Collection Auction – Press release Bitcoin News

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press release PRESS RELEASE. Gather up your partner, family, and friends to come and be a part of the genesis XOXO NFT collection, known as the “XOXO Love stories”. 101 Exclusive non-perfect couples, that were handpicked by the Devirs, with a one-of-a-kind background love story. Each piece has a special narrative written individually by Maya and Yehuda themselves. All of the 101 NFT holders will receive a physical book with all 101 Love Stories from the collection, signed by Yehuda and Maya according to the purchased NFT’s story number. An…

Crypto Needs Regulation Before It Becomes ‘a Lot Larger’ – Regulation Bitcoin News

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Bank of Canada’s senior deputy governor says the central bank does not want to wait until crypto “gets a lot larger” before it brings regulatory controls in place. “This is an area that is still small, but it’s growing really rapidly,” the official said. Bank of Canada’s Official Stresses the Importance of Crypto Regulation Bank of Canada Senior Deputy Governor Carolyn Rogers talked about cryptocurrency regulation in an interview with Reuters Thursday. “This is an area that is still small, but it’s growing really rapidly. And it is largely unregulated,”…

90% of US Adults Surveyed Plan to Buy Crypto in 6 Months – Bitcoin News

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A new Bank of America survey shows that out of more than 1,000 U.S. adults, 90% plan to buy crypto in the next six months. Moreover, nearly 40% of respondents revealed that they use cryptocurrency as a means of payment. Bank of America’s Crypto Survey Bank of America (BOA) analyst Jason Kupferberg shared his crypto outlook in an interview with CNBC Monday. He was asked about a recent Bank of America survey that showed sustained interest in cryptocurrencies. The analyst explained that the survey was conducted early this month, which…

Bank of England’s Governor Warns About Crypto Amid Bloodbath — ‘Be Prepared to Lose All Your Money’ – Regulation Bitcoin News

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The governor of the Bank of England, Andrew Bailey, has reiterated his warning about cryptocurrency investing after U.S. crypto lender Celsius abruptly froze withdrawals. He stressed that investors should be prepared to lose all their money, emphasizing that crypto has no intrinsic value. Bank of England’s Governor Warns About Cryptocurrency Following Celsius’ Withdrawal Freeze Bank of England (BOE) Governor Andrew Bailey reiterated his concerns about cryptocurrency investing to the British parliament’s Public Accounts Committee Monday. Responding to a question on how regulators’ duty to protect consumers could clash with the…