DIGIT INFO – Page 2485 – Cryptocurrency News

Crypto mixer sanctioned by US Treasury for role in Axie Infinity hack

The crypto mixer is said to have processed $20.5 million out of the $620 million taken by North Korean Lazarus Group hackers.

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Spanish Securities Regulator Orders Binance to Stop Offering Cryptocurrency Derivatives

The Spanish securities regulator, the CNMV, has ordered Binance to stop offering cryptocurrency derivative products to customers in the country. According to local media, the crypto exchange giant has followed the orders of the regulator, withdrawing these products from its customers in Spain. Spanish Securities Regulator Sets Eyes on Binance The CNMV, which is the […]

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Finance Redefined: DeFi protocols lost $1.6B, EU to rethink DeFi approach and more

The week in DeFi saw European lawmakers write a new chapter on DeFi, Virginia county plans to put its pension fun in a DeFi yield, DeFi protocols lost $1.6 billion to exploits and more

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There’s more to NFTs than just PFPs — 5 ways nonfungible tokens will transform industry

NFT art continues to grow in popularity, but what other industries could the technology disrupt in the next few years?

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Amid crypto hype, Google’s cloud unit creates Web3 team

The decentralized space continues its expansion and major brands are adopting Web3 tools, including Google’s cloud unit.

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Peter Schiff Warns Economic Downturn in the US ‘Will Be Much Worse Than the Great Recession’

Following the Federal Reserve’s rate hike on Wednesday, economist Peter Schiff has had a lot to say since the U.S. central bank raised the benchmark rate by half a percentage point. Schiff further believes we are in a recession and says “it will be much worse than the Great Recession that followed the 2008 Financial […]

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When Will Bitcoin, Ethereum, XRP, Solana, and Avalanche Price Recover?

With the recent cryptocurrency market correction sending Bitcoin, Ethereum, XRP, Solana, Avalanche, and most major crypto assets into free fall, many traders wonder when the cryptocurrency price will recover? While it’s still too early to tell, let’s take a closer look at the current market situation and potential outcomes for the short term. What’s Causing This Week’s Market Correction? As mentioned in our cryptocurrency market analysis article yesterday, the primary reason for the markets’ recent crash is due to the Fed’s increase in interest rates. An increase in interest rates means it’s more worthwhile to save money, causing a bearish

The post When Will Bitcoin, Ethereum, XRP, Solana, and Avalanche Price Recover? appeared first on The Merkle News.

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90% of surveyed central banks are exploring CBDCs — BIS

“Globally, more than two thirds of central banks consider that they are likely to or might possibly issue a retail CBDC in either the short or medium term,” said the BIS.

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‘Regulations are in place to help crypto businesses understand operations,’ says The Bahamas PM Philip Davis

The Bahamas Prime Minister Philip Davis shared his plans to welcome crypto businesses to the region during SALT’s Crypto Bahamas.

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Klein Finance Announced the Completion of a Funding Round With Participation From KCC Chain and KuCoin-Ventures

PRESS RELEASE. Klein Finance, a stablecoin liquidity provider and exchange platform built on KCC (Kucoin Community Chain), announced the opening of its funding program. It has already received a multi-million dollars investment from KuCoin Ventures and KCC chain. Klein Finance is an efficient decentralized trading platform for digital assets built on KCC (Kucoin Community Chain), […]

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