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Follow @crypto Twitter for the latest news. China dealt another blow to its beleaguered cryptocurrency industry, with Anhui province becoming the latest to pledge to crack down on the practice of using power-hungry machines to mint Bitcoin and other virtual currencies. Anhui plans to shut down all crypto mining projects within the next three years...
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We are excited to announce that has reached the $10B milestone, ranking 10th in the overall crypto market and 3rd among stablecoins by market cap. In less than two years since its debut, BUSD has become one of the fastest-growing cryptocurrencies while featuring a variety of utilities, from trading to lending and payment. BUSD is...
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Investors are barking ahead of some Shiba Inu crypto news. An audit by CertiK has revealed no critical issues, and seals up network security. This content was originally published here.
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TikTok cracks down on crypto, share trading and finance influencer promotions amid mounting concerns over scams Social media platform TikTok has launched a crackdown on influencers’ promotion of financial services products, including cryptocurrency, share trading and buy now pay later. The move is aimed at halting a growing tide of unsuitable high-risk investments and frauds...
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A report from City A.M. alleged that an anonymous insider at Amazon had news that it would start to accept Bitcoin and other cryptocurrencies by the end of the year. This rumor quickly spread across news sites and social media. Amazon has apparently denied the rumors via an email statement to Bloomberg, according to Zero Hedge...
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From a potential tether probe to Amazon planning to hire a digital currency lead, here are six key things that happened in crypto this week. This content was originally published here.
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Cryptocurrencies aren’t yet big enough to pose a systemic risk to financial stability, Bank of England Deputy Governor Jon Cunliffe said Wednesday. This content was originally published here.
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Jay-Z’s Roc Nation is making more money moves and this time it’s in the virtual reality space. According to a press release, the entertainment company recently purchased tokens from Sensorium Corporation’s in-platform currency SENSO of Sensorium Galaxy — described as a digital metaverse that’s fusing together blockchain cryptocurrency tech with virtual reality (VR). Roc Nation’s...
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In 2017, Caitlin Long, a former managing director at Morgan Stanley, was just trying to donate some Bitcoin to her alma mater, the University of Wyoming, she says. But the University of Wyoming wasn’t set up to accept Bitcoin donations, and because her Bitcoin had appreciated in value, her donation would go much further if...
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Online finance company SoFi warns crypto customers before every purchase on its platform to be wary of volatile digital currencies, CEO Anthony Noto told CNBC on Thursday. “We take a very structured and serious approach to consumer protection. We ensure that consumers are educated. We focus on suitability,” Noto said on “Squawk Box.” “Every time someone enters a buy action, we...
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