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Some Chinese bank clients, whose accounts were frozen in April, were injured while staging a protest at the Zhengzhou branch offices of the country’s central bank. Reports from local media outlets suggest that as much as $6 billion in client funds is missing and the individual believed to be behind the disappearance is now outside … Read more
Peter Schiff says he will sell his bank, Euro Pacific, for bitcoin if the Puerto Rican regulators let him sell it. “My bank was not put into receivership for being insolvent. It was put there for being under-capitalized,” the bitcoin skeptic said. Peter Schiff Says He’s Willing to Sell His Bank for Bitcoin Bitcoin skeptic … Read more
Metaverse crypto coins are some of the most popular cryptocurrency categories, despite the seven-month-long bear market. There are dozens of Metaverse tokens available, and for someone new to the space, it might be challenging to figure out which ones to pick. Today we look at The Merkle’s pick of the top three Metaverse crypto coins … Read more
Money laundering and fraud are serious issues in the cryptocurrency industry. Financial institutions and governmental bodies have been trying to regulate cryptocurrencies to fight this problem. There still aren’t foolproof methods, but there are different processes to help ensure cryptocurrency compliance. Know Your Customer or KYC is just one way that financial institutions try to … Read more
To help people create and run decentralized applications, TRON has created a new digital asset called TRON Ecosystem Tokens (TRON Tokens). These tokens can be traded and exchanged just like other cryptocurrencies. They also serve as a decentralized internet platform for developers to create dapps. Just like Ethereum, anyone can create dapps and offer their … Read more
Tesla CEO Elon Musk has formally informed Twitter that he is terminating his $44 billion bid to buy the social media platform. “Twitter is in material breach of multiple provisions” of the agreement, Musk’s lawyer explained. Musk Ending Deal With Twitter Citing ‘Material Breach of Multiple Provisions’ Tesla and Spacex CEO Elon Musk’s lawyer sent … Read more
There are several widespread lending and borrowing projects in the crypto ecosystem. This article will highlight 4 of them. These platforms help users borrow cryptocurrencies and earn interest while leveraging crypto assets to generate revenue. You can also invest in these projects using your cryptocurrency. While regulators are still trying to figure out whether to … Read more
In mid-November 2021, Bitcoin’s inventor Satoshi Nakamoto was one of the wealthiest individuals on the planet, with more than $69 billion in bitcoin, and was among the top 20 on the Forbes 2021 Billionaires list. Seven months have passed since then, and Bitcoin’s unknown creator has dropped from the top 20 spot and is now … Read more
Bank of America has revealed that the number of its customers who are active crypto users has declined more than 50% from its peak in November last year. In addition, the bank said its data “shows that outflows to crypto platforms have fallen sharply,” indicating that “consumers are pulling back on their net investment into … Read more
Cryptocurrency markets continue to trade sideways as the third quarter of 2022 is off to a shaky start. Regulators continue to clash with crypto ETFs, inflation fears loom ahead, and the housing market is rapidly slowing down. On the bright side, Metaverse crypto coins remain highly popular, and projects continue to build their products in … Read more
