Portuguese NFT Marketplace Embraces Shiba Inu Cryptocurrency for Transactions

Portuguese NFT Marketplace Embraces Shiba Inu Cryptocurrency for Transactions

Good news for Shiba Inu and cryptocurrency fans! Tokapi, a well-known NFT marketplace with a Portuguese base, has declared that SHIB is now accepted as payment for exclusive NFT purchases. Customers can leverage their SHIB tokens to safely purchase one-of-a-kind digital assets on the platform thanks to the company’s alliance with BitPay. During the past year, the popularity of NFTs …

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Australian Banks Are Ordered to Report on Crypto

Australian Banks Are Ordered to Report on Crypto

Following the catastrophic collapse of Silicon Valley Bank, Australian banking regulators have advised financial institutions to exercise caution when engaging in cryptocurrency transactions (SVB). The Australian Prudential Regulatory Authority (APRA), according to sources, has further asked banks to provide detailed records of every transaction involving cryptocurrencies. This development emerged after a detailed study on the cost of living after COVID-19 …

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Ethereum's Price is Susceptible to a Breakdown Due to Underperformance

Ethereum’s Price is Susceptible to a Breakdown Due to Underperformance

The second-largest cryptocurrency in the world, Ethereum, is witnessing challenges when compared to the US dollar. The digital currency is susceptible to a breakdown due to underperformance. To learn more let us delve deeper into the matter. Possibility of a Break Below $1,796.72 Due to Ethereum’s incapability to overcome the $1,840 resistance level, there are concerns that the price may …

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Good news for Crypto Fans: Binance Deals $1 Billion Blow to Bearish Sentiment!

Good news for Crypto Fans: Binance Deals $1 Billion Blow to Bearish Sentiment!

Binance, one of the world’s leading cryptocurrency exchanges, has recently surprised the crypto community with its decision regarding its Industry Recovery Initiative. According to the company, it will now be converting the remaining funds from the initiative from BUSD stablecoin to native cryptocurrencies such as BTC, BNB, and ETH. When was the Industry Recovery Initiative Introduced? The Industry Recovery Initiative …

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Elon Musk Takes a Dig at those Who Call Crypto a Scam as the Two Leading Banks Collapsed

Elon Musk Takes a Dig at those Who Call Crypto a Scam as the Two Leading Banks Collapsed

The world of cryptocurrency is full of uncertainties. However, this week the traditional banking industry witnessed some high-profile losses with the crash of two major banks, leading critics to question the stability of the traditional financial system. One of the major criticisms was made by Tesla CEO Elon Musk, following the crash he couldn’t hesitate a little trolling those high-profile …

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US SEC Opposes Binance-Voyager's Billion-Dollar Lucrative Deal

US SEC Opposes Binance-Voyager’s Billion-Dollar Lucrative Deal

The US Securities and Exchange Commission (SEC) has been taking stringent measures in response to the increasing tensions around cryptocurrency-related frauds and vulnerabilities. The commission has once again stepped up its involvement in the digital asset industry with strong opposition against Binance US and defunct crypto lender Voyager’s proposed $1 billion merger. Despite giving initial court approval back in January …

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Beware: Fake ChatGPT Tokens Preying on the Unsuspecting Public!

Beware: Fake ChatGPT Tokens Preying on the Unsuspecting Public!

The popularity of ChatGPT’s AI Tokens has been steadily increasing over the past few years. People are eager to take advantage of its numerous benefits, but the growing demand also makes it a soft target for hackers and scammers. Today’s news serves as an alarming reminder of the increased risk of hacking and scamming associated with the growing popularity of …

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The Recent Cyber Attack Shook the Employees of the World's Largest Crypto Exchange CoinBase

The Recent Cyber Attack Shook the Employees of the World’s Largest Crypto Exchange CoinBase

The popularity of cryptocurrencies are expanding rapidly, but it appears that this popularity is turning into a curse for the exchanges as one of them seems to be under attack every other day. A new name has recently been added to this long list as a cybersecurity attack shook the employees of the popular cryptocurrency exchange Coinbase. Let’s explore the …

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South Korea Initiates Crackdown on Digital Currency Staking Services After Kraken Incident

South Korea Initiates Crackdown on Cryptocurrency Staking Services After Kraken Incident

South Korea’s financial regulators are taking a hard stance against cryptocurrency exchanges offering staking services, as the country looks to avoid repeating the disastrous saga that has unfolded between SEC and Kraken. An in-depth inspection is set to be launched by the Financial Service Commission to investigate any potential issues with staking in South Korea – a move made even …

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Binance has been Caught Red-Handed Moving the Huge Amount from its US Partner

Binance has been Caught Red-Handed Moving the Huge Amount from its US Partner

Crypto exchanges have recently come under government scrutiny, eliciting mixed reactions from crypto enthusiasts. While some have welcomed and encouraged this development as a way to bring credibility to cryptocurrencies, others remain skeptical of increased regulation due to fears that it will stifle innovation in the space. However, a recent incident has once again highlighted the need for scrutiny against …

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