Crypto

The rapid evolution of stablecoins is reshaping the cryptocurrency landscape, fostering greater liquidity and setting the stage for potential bull runs. Recent data indicates that the entire market capitalization of major USD-backed stablecoins has reached an astonishing $169 billion, marking a significant 31% increase, or $40 billion, since the year’s commencement. Such growth is noteworthy
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Fidelity Investments, a leading global asset manager, experienced a significant data breach in August 2024 that compromised the personal information of over 77,000 customers. This breach, occurring between August 17 and August 19, involved unauthorized access to two customer accounts. As a result, sensitive details such as full names, Social Security numbers, and driver’s license
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On October 11, 2023, Binance, the world’s largest cryptocurrency exchange, made a significant move by introducing trading bot services for three specific trading pairs: PEPE/FDUSD, SUI/FDUSD, and EIGEN/TRY. This expansion comes with caveats, notably regional restrictions which prevent users from certain countries from utilizing these new services. At the same time, Binance also announced the
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The legal troubles of Binance, the world’s largest cryptocurrency exchange, have gained significant attention as the Nigerian Securities and Exchange Commission (SEC) continues its pursuit of the company and its executives. Central to this case is Tigran Gambaryan, Binance’s head of financial crime compliance, who has been detained in Nigeria since February 2023. The protracted
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Bitcoin (BTC) has been navigating through substantial volatility, particularly in October—a month traditionally viewed as favorable for cryptocurrencies, often referred to as “Uptober.” Despite this historically positive backdrop, Bitcoin has underperformed, currently trading slightly under $61,000, indicating a 5% loss over a ten-day period. While market enthusiasts eagerly anticipate a reversal in trend, it’s crucial
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The cryptocurrency landscape is a dynamic and often tumultuous environment, with Bitcoin standing out as a pivotal player in this ever-evolving market. Recent price actions, particularly the withdrawal from the $66,000 mark and the breach of critical moving averages, indicate a growing bearish sentiment among traders and investors. This article aims to dissect the current
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