Crypto

In the ever-volatile landscape of cryptocurrency, Shiba Inu (SHIB) has recently captured the attention of traders and investors alike with a remarkable price increase. Over the last week, SHIB’s value surged by an impressive 35%, pushing its market capitalization above $11.5 billion. As a result, Shiba Inu secured its position as the 14th-largest cryptocurrency while
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In a significant legal development for the Indian cryptocurrency exchange WazirX, a Singapore court has granted the company a temporary four-month moratorium in the wake of a catastrophic hacking incident. This decision comes amid a backdrop of increased scrutiny and regulatory pressures faced by crypto exchanges globally. The moratorium, however, is tempered with stringent conditions
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New York City is no stranger to political drama, but recent developments surrounding Mayor Eric Adams could mark a significant low in the city’s governance. Following a series of corruption investigations, federal prosecutors have indicted Adams, although the specific charges remain shrouded in secrecy due to sealed indictments. This uncertainty raises questions about the implications
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Bitcoin, the flagship cryptocurrency, is at a pivotal juncture, with its price movements likely to influence the broader cryptocurrency landscape. Presently, Bitcoin is trading around the critical $64,000 mark, a significant resistance level that it has reached after demonstrating remarkable resilience. Following a substantial rebound from the support threshold of $52,000, the cryptocurrency experienced upward
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In a recent announcement, Binance, the largest cryptocurrency exchange globally, declared it would cease offering Turkish language support on its platform effective September 27. This decision arises from the exchange’s ongoing commitment to adhere to regulatory requirements set by Turkish lawmakers. While this move certainly raises concerns for Turkish users accustomed to navigating the platform
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Recent insights from a report by The Information reveal that Polymarket, a blockchain-based prediction market, is poised to secure $50 million in new funding. The New York-based company is not only seeking to attract investments but is also contemplating the introduction of its own cryptocurrency token, aimed at enhancing its betting environment. Such a move
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The rapid evolution of the cryptocurrency industry has placed significant pressure on regulatory bodies across the globe. In the United States, the Securities and Exchange Commission (SEC) has been at the forefront of monitoring this digital finance revolution. However, recent developments have raised serious concerns among a faction of lawmakers who argue that the SEC’s
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