Tether and Bitfinex Make Bold Move with $100K Grant for Revolutionary Operating System
Tether and Bitfinex have pledged a $100,000 grant to support the development of Qubes OS, a free and open-source operating system that prioritizes security and privacy Key Points In a move aimed at bolstering security and privacy protection, Tether and Bitfinex have pledged a generous $100,000 grant to support the development of Qubes OS, an open-source operating system. The grant …
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Crypto Supporter Joseph Tsai Excited to Revolutionize Alibaba as Chairman
On Tuesday, Alibaba announced that Joseph Tsai, one of its co-founders, will assume the position of Chairman in September. Key Points In a surprising move, Alibaba announced on Tuesday that Joseph Tsai, one of the company’s founders, will take on the role of Chairman starting this September. This change in leadership coincides with the company’s recent decision to split into …
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Independent Reserve Expands Operations and Targets South East Asia
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Teresa Bach
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June 19, 2023
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Blockchain
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0 Comments
Independent Reserve, an Australian cryptocurrency exchange, is considering expanding its business in Hong Kong Key Points Independent Reserve, an Australian cryptocurrency exchange, is considering expanding its business in Hong Kong. Independent Reserve operates as a licensed virtual-asset service provider in Singapore. COO, Lasanka Perera, recently disclosed the plan to hire new hands to fill institutional sales in Australian offices Independent …
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How Binance CEO’s Innovative Spot DCA Plan is Disrupting the Crypto World?
The CEO of Binance has revealed the introduction of Spot DCA (Dollar-Cost Averaging) on the Binance Spot platform as a measure to address market instability. Key Points Amid market volatility, Binance CEO Changpeng Zhao has launched a new feature called Spot DCA (Dollar-Cost Averaging). The feature lets users invest a fixed amount in Bitcoin at regular intervals, regardless of its …
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DeFi Leader Hashflow Recoups After $600K Hack, Promises Total User Refund
Key Points: In a startling development this week, Hashflow, a leading name in the DeFi sphere, faced a major exploit. Reportedly, digital assets worth $600,000 were illegitimately siphoned off. The firm, however, quickly reassured its users that all losses will be fully compensated. We’re addressing the current situation flagged by @peckshield. Please be assured that: 1. All users comprising the …
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Marathon Digital CEO Predicts More Forced Exits Amidst Mounting Challenges in the Bitcoin Mining Sector
Key Points The CEO of Marathon Digital, Fred Thiel has sounded the alarm bells for Bitcoin miners, warning them of the mounting challenges that lie ahead. Thiel, a seasoned industry expert, believes that a range of factors including regulatory pressures, escalating energy costs, and the upcoming “halving” event, will make it increasingly difficult for miners to sustain their profitability. The …
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Taiwan Mobile Ventures into the Crypto World: Early Talks on Investment in Local Platform Spark Excitement
Key Points Taiwan Mobile, a prominent telecommunications company in Taiwan, is reportedly considering investing in a local cryptocurrency platform. This development comes amidst the increasing growth of the cryptocurrency market in Taiwan, with multiple top exchanges operating within the country. Sources have revealed that Taiwan Mobile is exploring the potential of investing in a local cryptocurrency platform to expand its …
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Tether USDT Injects $1 Billion into Treasury, Sending Markets into a Frenzy!
The world’s largest stablecoin, Tether USDT, has recently announced a massive minting of around $1 billion in its treasury. This news has sparked speculation among market analysts that a pump in the market is imminent. This is not the first time that Tether has printed new tokens, and in the past, such events have been associated with sudden and dramatic …
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Thai Parliament President’s Son Accused of NFT Fraud Worth B15m
Surabot Leekpai, known to his fans as “Pluem” on the VRZOChannel, finds himself in the eye of an escalating storm. The popular YouTube personality and son of Parliament President, Chuan Leekpai, is currently facing accusations related to a questionable non-fungible tokens (NFTs) investment project, as stated in a news report. Allegedly, this has led to financial harm, with losses totalling …
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DeFi Firm PoolTogether Dodges Legal Bullet as U.S. Federal Judge Drops Charges
In a decisive victory for DeFi company PoolTogether, a U.S. Federal Judge dismissed all charges lodged against it. The lawsuit, initiated in 2021, accused PoolTogether of facilitating regulatory evasion and deceiving consumers. Joe Kent, a previous Congressional staff member, had filed the case as a litmus test while lawmakers mulled over potential legal approaches to DeFi entities. CASE DISMISSED!!!! 🦜🦜🦜🦜🦜🦜🦜 …
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