Big crypto supporter Elon Musk is an inch closer to Twitter takeover but faces another obstacle in his path Time Person of the Year and Dogecoin geek Elon Musk said Twitter’s daily user base could
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As the cryptocurrency industry continues to be shaken by the Terra blockchain’s failure and the price crash of its native token, LUNA, and its algorithmic Stablecoin, UST, suspicions have arisen concerning the whereabouts of around
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The effect of Terra’s demise continues to shine a light on the fragility surrounding the decentralized finance (defi) ecosystem. Things have changed a great deal following Terra’s aftermath, as the total value locked (TVL) in
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Blockchain analyst firm Chainalysis published a new report focused on the illicit activities occurring on blockchains, noting that DeFi protocols are the most popular target hackers tend to go after and that money laundering in
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This week, the crypto market touched rock bottom as the drop in Bitcoin, altcoins and stablecoins soured investor sentiment. In at least two years, Bitcoin had its most tumultuous week and the market continued to
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Global market regulators are likely to launch a joint body within the next year to better coordinate cryptocurrency regulations, said a top executive of the International Organization of Securities Commissions (IOSCO). A global body to
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A commissioner with the U.S. Securities and Exchange Commission (SEC) expects to see stricter regulation on stablecoins. However, Treasury Secretary Janet Yellen says stablecoins are currently “not a real threat” to the country’s financial stability.
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Authorities in Iran have shut down close to 7,000 unauthorized facilities for cryptocurrency mining in the past two years, local media revealed. According to a report, most of the illegal bitcoin farms were concentrated in
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FTX CEO Sam Bankman-Fried testified before the House Agricultural Committee on Friday following a proposal to regulate futures markets with automated tools. Amid skepticism, FTX CEO Sam Bankman-Fried argued in favor of using computers to make margin
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His Excellency Justin Sun, founder of Tron (TRX), shares that USD Coin (USDC) expands its bet on Tron (TRX) as technical basis Circle Inc.’s USD Coin (USDC), the second-largest stablecoin by market capitalization and a
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