CZ and Yi He respond to ‘Binance being sold’ rumors
Former Binance CEO Changpeng ‘CZ’ Zhao and co-founder Yi He denies circulating rumors that Binance will be sold to another company, stating that they were made up by competitors. In a recent post, Yi addressed rumors in the crypto community…...
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Aussie research university says China’s CBDC push puts Australia at crossroads
Chin’s CBDC expansion seems to be reshaping global trade networks, leaving Australia at a crossroads between Beijing and Washington. U.S. President Donald Trump’s decision to ban a U.S. digital dollar could shake up global finance, as the West is already…...
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Hackers Impersonate Saudi Crown Prince to Promote Fake ‘Official’ Memecoins
Hackers took control of the Saudi Law Conference’s social-media account on X, using it to impersonate Crown Prince Mohammed bin Salman and promote fraudulent cryptocurrencies. In a series of now-deleted posts, the scammers used the name and image of the crown prince, who serves as Saudi Arabia’s prime minister,...
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Microsoft’s Opposition To Bitcoin Investments Aligns With The Stance Of The Company’s Largest Shareholder, Vanguard: Here’s More
Microsoft Corp. (NASDAQ:MSFT) said no to Bitcoin (CRYPTO: BTC) investments last year, ending weeks of speculation that the tech behemoth would join other corporations in adding the world’s largest cryptocurrency to its reserves. Interestingly, the company’s refusal was consistent with that of its largest shareholder, Vanguard Group, which has...
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Regulatory compliance needs smart privacy | Opinion
Privacy isn’t binary, and neither are blockchains. Selective “smart” privacy can shield what needs protecting while exposing what deserves sunlight...
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Solana, XRP Lead Crypto Drop With U.S. Closed for Presidents’ Day
Crypto markets fell Monday as traders locked in profits and looked for new catalysts to determine positioning while the U.S. observed President’s Day. Solana (SOL) and XRP slipped 4% to lead losses among major cryptocurrencies, with bitcoin (BTC) dropping 1.1% and BNB Chain’s bnb down 0.5% in the past...
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Strategy’s Preferred Shares Outpace Peers By 19%, Offer 7x Higher Liquidity Over First Two Weeks: Analysis Highlights ‘Very High Yields’
The two-week-old preferred shares issued by Michael Saylor-led Strategy Inc. (NASDAQ:MSTR) have been seven times more liquid, outperforming its peers by 19%. However, according to an analysis, “yield is very high”. What Happened: Saylor is the founder and chairman of the Bitcoin (CRYPTO: BTC) treasury company, erstwhile known as...
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Ethereum Gearing Up For A Short-Term Surge To $3,100 Amid Growing Institutional Adoption
Ethereum‘s performance in the ongoing bull cycle is being considered sluggish compared to other past bull market cycles, where the second largest crypto asset witnessed significant growth within the timeframe. Nonetheless, ETH appears to be regaining upward momentum, showing the potential for a short-term rebound. An Impending Short-Term Surge...
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U.S.-Listed Bitcoin Miners Are Growing Their Share of the Network Hashrate: Bernstein
Bitcoin (BTC) miners listed in the U.S. are growing their share of the network hashrate, broker Bernstein said in a report Monday. The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain and is a proxy for competition in the...
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India’s Directorate of Enforcement Seizes $190M in BitConnect Fraud Case
India’s anti-money laundering unit said it seized about 16.5 billion rupees ($190 million) worth of crypto, some cash and a Lexus car during investigations into the collapse of the BitConnect cryptocurrency fraud. BitConnect, founded in 2016 by Satish Kumbhani, raised billions of dollars from investors for a protocol that...
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