Crypto News

Bitcoin is desperately trying to hold onto the $20,000 mark after it was rejected at the $20,400 level. It was recently trading at $20,315 gaining 0.64% in the last 24 hours. Analysts believe the popular cryptocurrency has hit a…
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Fantom Foundation is not deterred by the down market and crowded field of competition. Michael Kong, the CEO of Fanton Foundation, believes competition is good because it can get better results and better technology. He said multiple chains…
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As stringent COVID-19 stipulations still haunt various parts of China who is hoping to ease out of them early next year, the Chinese crypto community is facing a slump. Three years ago, Hong Kong was the booming center of crypto activity…
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Jamie Dimon a fierce critic of cryptocurrency didn’t mince his words in congressional testimony on Wednesday when he described virtual currencies as decentralized Ponzi schemes. He had also called Bitcoin a “fraud”. The JPMorgan Chase &…
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The US’s Treasury Office of Foreign Assets Control (OFAC) has issued sanctions against 10 people and two companies for being associated with an Iranian ransomware group that is tied to the country’s Islamic Revolutionary Guard Corps (IRGC).…
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American billionaire entrepreneur Mark Cuban believes digital assets are boring. Speaking at the 2022 Code Conference, he said the space is boring and will stay boring for quite some time. Cuban likened it to the early days of the internet…
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dYdX, a decentralized crypto derivatives exchange, ended its contentious $25 first deposit bonus promo amid overwhelming demand. The campaign which was launched on August 31 was very short-lived as it ended on September 1. It offered new…
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The South Korean financial intelligence unit (KoFIU) has ordered the investigation of 16 foreign crypto exchanges for operating illegally in the country. KoFIU is the lead agency in South Korea for anti-money laundering and countering…
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Sam Bankman-Fried’s FTX US and four other companies were issued the cease-and-desist letters from the Federal Deposit Insurance Corporation (FDIC). The other companies are Cryptosec.info, Cryptonews.com,FDICCrypto.com, and SmartAsset.com.…
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Recently, a video of the former CEO and Chairman of Google, Eric Schmidt is doing rounds on the internet. It is a short clip where the ex-Google CEO is seen parsing the Bitcoin architecture and calling it a "remarkable cryptographic…
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