crypto

EU agrees on significant regulations to clean up "Wild West" crypto

EU agrees on significant regulations to clean up “Wild West” crypto

Bitcoin is a variable asset and is known to fluctuate more than 10% higher or lower in one day. Jakub Porzicki Nurphoto | Getty Images EU officials reached an agreement Thursday on what is likely to be the first major regulatory framework for the cryptocurrency industry. The European Commission, EU MPs and member states reached …

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Second Richest Crypto Billionaire Issues Dire Warning, Says More Digital Asset Companies Will Fail: Report – The Daily Hoddle

The second richest crypto billionaire warns that some digital asset companies are facing financial difficulties as the market decline continues. Forbes reports that FTKS co-founder and CEO Sam Bankman-Fried believes that some lesser-known crypto exchanges are already bankrupt. “There are some third-tier exchanges that are already secretly insolvent.” According to the report, Bankman-Fried believes that …

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The crypto hedge fund Three Arrows Capital is not working with a loan of 665 million dollars

The crypto hedge fund Three Arrows Capital is not working with a loan of 665 million dollars

Placeholder while article actions are loading Crypto broker Voyager Digital issued a notice on Monday about the non-fulfillment of obligations to the hedge fund Three Arrows Capital due to non-payment of a loan worth more than 665 million dollars, which is the latest sign of financial turmoil that shook the world of cryptocurrencies as values. …

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$ 2 trillion with a free fall rattles the crypto to the core

$ 2 trillion with a free fall rattles the crypto to the core

(Bloomberg) – Most read from Bloomberg For a generation of alienated technicians, the “all-for-one” crypto-ethos was the biggest advantage. Now the panic is spreading through this universe – and that same ethos represents what is perhaps the greatest threat to its survival. What began this year in crypto markets as an attack on the “risk” …

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Crypto is collapsing, but the technology behind it could save billions of luxury brands

Crypto is collapsing, but the technology behind it could save billions of luxury brands

These losses can damage both profits and reputation – which is why some brands are now turning to technology to protect their products, brand value and consumers. Despite being competitors, a conglomerate of luxury brands LVMH (LVMHF) joined forces with Prada (PRDSI)and Cartier in April 2021 to establish the Aura Blockchain Consortium, a non-profit platform …

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Ethereum’s rival falls as hackers extract about $ 100,000,000 from their crypto bridge – The Daily Hodl

One Ethereum (ETH) competitor suffered a huge blow after hackers pulled cryptocurrencies worth about $ 100 million from its cross bridge. Harmony (ONE) team says The breach occurred on the morning of June 24 on the Horizon Bridge, which allows users to transfer cryptocurrencies between Ethereum, Binance Smart Chain and Harmony. “Team Harmony has identified …

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The crypto industry was on the verge of collapse after a fall over the weekend

The crypto industry was on the verge of collapse after a fall over the weekend

Crypto investors and executives are preparing for further pain after the price of bitcoin fell over the weekend, exacerbating the credit crunch affecting the industry. According to CryptoCompare, bitcoin, the most active cryptocurrency in the world, fell to only $ 17,628 on Saturday before recovering. Investors and executives are watching the price of the token …

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