Two Citizens in India Lose 19 Lakhs to Cryptocurrency Fraud
Two citizens of Mumbai, India, fell victim to cryptocurrency fraud, losing a total of 19 lakhs to cyber fraudsters. The victims, a doctor and a homemaker were approached by the accused, who convinced them to invest in cryptocurrency. The doctor was defrauded of Rs 6.23 lakh, while the homemaker lost Rs 13.10 lakh. Homemaker Duped via WhatsApp Group According to …
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Solana Labs Unveils Revolutionary ChatGPT Plugin and $1M Blockchain-AI Fund
Solana Labs, a distinguished blockchain studio that specializes in developing decentralized finance projects on Solana, has recently announced two groundbreaking initiatives. The ChatGPT plugin and the $1 million Blockchain-AI fund are the two latest additions to their innovative portfolio. Solana Taking Initiatives With the ChatGPT plugin, users can now create chatbots that interact with customers, providing them with valuable information …
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Ripple and Whales Shake Up XRP Market With Massive 350M+ Move
According to recent reports, Ripple (XRP) and other major crypto holders transferred more than 350 million XRP when the cryptocurrency’s value dropped below $0.46. This transfer of a substantial amount of XRP has caused concerns among investors who fear that these crypto whales might be divesting their assets. Ripple on the Move As per Whale Alert, a whale-tracking resource, Ripple’s …
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Shiba Inu’s Lead Developer Emphasizes Significance of Unification’s Shibarium Announcements
A developer of Shiba Inu, Shytoshi Kusama, advised the SHIB community to pay attention to the Unification Foundation’s updates on Shibarium, the upcoming layer-2 network for the cryptocurrency. Kusama emphasized that the foundation is working with the Shiba Inu team for a successful launch of Shibarium, and therefore the community should not dismiss any information from Unification regarding the project. …
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SHIB Upgrade Brings Value to $0.00001250 and SEC Approval Nears
SHIB, the meme-inspired cryptocurrency, is making waves in the crypto world with its recent upgrade and silence from the SEC. The Shibarium upgrade, which was implemented in the early hours of Monday morning, has sent SHIB’s value soaring, with some predicting it could reach as high as $0.00001250 in the near future. The Shibarium upgrade brought several new features to …
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Woah! Dogecoin Whales Made 523 Transactions as DOGE Soars 34%!
The recent surge in Dogecoin’s value is clear evidence that risk is still highly sought-after. But it’s not just risk-takers driving the meme asset up – the increased activity of whales suggests that the market’s full of profit-taking as well. The most recent surge to $0.1, a high psychological resistance level for Dogecoin, is likely tied to additional funding of …
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More than 300,000 Changsha Merchants Adopted Digital Yuan
Changsha, China, is making a major stride in the digital currency world – with over 300,000 stores and vendors now accepting payments in digital yuan. This paradigm-shifting development has been welcomed as a revolutionary approach to financial transactions by those versed in the topic. The ever-increasing adoption rate is a testament to its efficiency and versatility, offering users a viable …
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Japan’s FSA Gives Green Light to Stablecoins by June 2023
Japan’s Financial Services Agency (FSA) announced it would lift the ban on stablecoins, with new regulations set to take effect in June. This move is seen as a significant step towards the mainstream adoption of stablecoins, digital assets that are pegged to the value of a fiat currency, commodity, or other assets. The new regulations will require stablecoin issuers to …
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The 6.3% decline in Solana (SOL): A Healthy Correction or a Cause of Concern?
The digital currency ecosystem is experiencing a downturn, as reflected in the decrease in crypto market capitalization, which dropped by 3.34% to $1.02 trillion. Among the various altcoins that contributed to this dip in value, Solana (SOL) saw a 6.3% decrease, bringing its price to $23.33. It is important to note that the cryptocurrency market is highly volatile, and fluctuations …
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Signature Bank, Binance’s Fiat Partner, Sets a Minimum Transaction Limit
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