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High-ranking crime fighter to join UK’s FCA as payments and digital assets director
The Financial Conduct Authority is introducing the post of digital assets director as part of a hiring spree that goes along with its new, more assertive strategy.
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Bitcoin price swings 7.5% during intraday trading as US recession concerns mount
BTC bounces back to reclaim support at $20,400 after hitting a daily low of $19,309 on July 5, as bulls battle bears for control of the market.
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Core Scientific sold $167M worth of Bitcoin holdings in June
The sale left the firm with 1,959 BTC at the end of the second quarter, a more than 75% drop when compared with its reported 8,058 BTC holdings as of May 31.
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Bitcoin exchange outflows surge as ‘not your keys, not your crypto’ comes back into fashion
June saw the worst monthly performance for Bitcoin since 2011, but several metrics indicate that its underlying support base continues to grow stronger.
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Study Shows Singapore Leads in NFT Searches Worldwide, Researchers Say ‘Poland Is the Most Anti-NFT Country’
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Can LedgerX.exchange by NuGenesis Lead the Way for Decentralized Exchanges?
While decentralized exchanges have many advantages, they also come with some challenges. One challenge is that they can be harder to use than centralized exchanges, as they often lack features such as user-friendly interfaces and customer support. Another challenge is that thanks to blockchain technology, we are moving toward a trustless economy, with no need for third parties to exchange goods. Yet today’s digital currency exchanges are centralized. They have proven to be vulnerable to hacks, react poorly to unusual blockchain events like hard forks, and often run with a high regulatory risk. Centralized exchanges keep their systems off-chain, meaning
The post Can LedgerX.exchange by NuGenesis Lead the Way for Decentralized Exchanges? appeared first on The Merkle News.
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Italian government will provide $46 million in subsidies for blockchain projects
All companies developing IoT, AI, or blockchain technology will be eligible to apply for government subsidies provided the funds will be used in specific sectors, such as health.
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US Commerce Dept. asks digital asset industry for input on competitiveness framework
The federal agency received eight responses to a request for comment on a document mandated by U.S. President Joe Biden’s March 9 executive order on digital assets.
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Alexander Vinnik Serves Prison Term in France but No Freedom in Sight
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