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Category: <span>Crypto Currencies</span>

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Crypto purist are about to find out if it really was a bubble or not – Report

Crypto purist are about to find out if it really was a bubble or not – Report

To cryptocurrency true believers, Bitcoin is the ultimate store of value, the most solid hedge against the rampant inflation manufactured by reckless central banks and their money-printing. To skeptics, the crypto world as a whole is a mirage whose massive run-up past $2 trillion was simply the speculative byproduct of the extraordinary amount of easy cash that’s been...

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Arsenal’s Socios fan token ads banned by UK’s Advertising Standards Authority (ASA)

Arsenal’s Socios fan token ads banned by UK’s Advertising Standards Authority (ASA)

The Facebook and website posts included a video featuring Gunners players Ben White, Calum Chambers and Kieran Tierney and read: ‘Fans should be aware that they could lose some or all of their money invested. We advise you to spend only what you can afford and seek independent financial advice if required.’ The Advertising Standards...

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Crypto exchange Binance signs Dubai World Trade Centre deal

Crypto exchange Binance signs Dubai World Trade Centre deal

Cryptocurrency exchange Binance said on Tuesday it had signed a cooperation deal with Dubai World Trade Centre Authority, which is working to set up an international virtual asset ecosystem. The Dubai World Trade Centre (DWTC) said on Monday that it will become a crypto zone and regulator for cryptocurrencies and other virtual assets, as the...

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Line, Japan messaging app to launch NFT project LineNext

Line, Japan messaging app to launch NFT project LineNext

While everyone is talking about Non Fungible Tokens – NFTs to feel good, others are creating value on top of NFTs.  The Japanese messaging application Line plans to launch NFT service next year through its new firm LineNext.  The new company seeks to provide the marketplace for companies and individuals to trade NFTs globally, excluding...

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Crypto Currencies should be Used for Good not harm Democracy says India’s Prime Minister

Crypto Currencies should be Used for Good not harm Democracy says India’s Prime Minister

Indian Prime Minister Narendra Modi said on Friday that emerging technologies such as cryptocurrencies should be used to empower democracy, not undermine it. Policymakers in India say unregulated transactions in digital currencies could hurt macroeconomic and financial stability. After initially planning to ban cryptocurrencies, the Modi government is instead considering legislation to regulate their use....

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SA financial Regulator FSCA to introduce New Cryptocurrency Rules in 2022

SA financial Regulator FSCA to introduce New Cryptocurrency Rules in 2022

The South African financial regulator FSCA is planning to unveil a regulatory framework covering cryptocurrencies early next year to help protect vulnerable members of society from highly risky and voletile digital assets class. The rules, designed in concert with peers like the prudential authority and the financial surveillance board, will establish how trading in coins...

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Not a Good week for Crypto Market as Bitcoin fell

Not a Good week for Crypto Market as Bitcoin fell

Bitcoin shed a fifth of its value on Saturday as a combination of profit-taking and macro-economic concerns triggered nearly a billion dollars worth of selling across cryptocurrencies. Bitcoin was 12% down at 0920 GMT at $47,495. It fell as low as $41,967.5 during the session, taking total losses for the day to 22%. The broad...

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Coinbase Acquires Staff from BRD, a Crypto Wallet Startup

Coinbase Acquires Staff from BRD, a Crypto Wallet Startup

Cryptocurrency exchange platform Coinbase through a Twitter post announced that is bringing and on-boarding staff from  BRD, a crypto wallet startup that first launched its mobile wallet back in 2014. “We have great news – the BRD team will be joining @CoinbaseWallet to help accelerate web3 adoption. The team brings deep expertise in self-custody for crypto...