Crypto is ‘most mature’ in these 2 countries, new Huobi report reveals
[ad_1] Bitcoin (BTC) and crypto are only used by 13.7% of Americans, but they generate more exchange volume than anyone else. The latest data compiled by exchange Huobi confirms that in 2022, the United States is the most “mature” crypto market. U.S., Vietnam lead the way on crypto Despite...
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FTX US ex-president reportedly seeks $6M funding to launch crypto startup
[ad_1] Just a month after the controversial fall of Sam Bankman-Fried’s FTX exchange and 130 affiliated companies, a former high-ranking executive is reportedly seeking out investors to launch a crypto startup. The ex-president of FTX US, Brett Harrison, is on the lookout for $6 million in funding to launch...
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Crypto Lender BlockFi Files for Bankrupty Protection in the US
[ad_1] BlockFi, a cryptocurrency lending firm founded in 2017, on Monday filed for Chapter 11 bankruptcy protection in New Jersey, United States. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments. The...
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Crypto Twitter calls for calm after wETH insolvency joke goes viral
[ad_1] An inside joke about the “insolvency” of Wrapped Ethereum (wETH) over the weekend has forced influencers to explain it was just a “shitpost” after members of the community took it as real. The wETH insolvency FUD (fear, uncertainty and doubt) seemingly began to make the rounds on Nov....
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Crypto Exchange Bitget Introduces Brazilian Real Trading Pairs
[ad_1] Bitget, a cryptocurrency exchange now based in Seychelles, has introduced Brazilian real (BRL) trading pairs as the first batch of its new on-ramp fiat trading pairs for spot traders on its platform. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new...
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Russia intends to launch a ‘national crypto exchange’
[ad_1] Russian lawmakers are working on amendments to launch a national crypto exchange. This effort is reportedly supported both by the Ministry of Finance and the Central Bank of Russia which have a long history of disagreement over crypto regulation in the country. As local media reported on Nov. 23, members...
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Binance Labs Invest in NGRAVE Crypto Wallet Producer
[ad_1] Binance Labs, the accelerator and the venture capital division of Binance, informed on Monday that it has invested in NGRAVE, a hardware cryptocurrency wallet maker. Additionally, the crypto exchange is leading the upcoming Series A financing round. The value of the investment has not been disclosed to the...
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Crypto notches a win among professional accountants
[ad_1] In his regular column, J.W. Verret, a law professor, attorney, CPA, and head of the Crypto Freedom Lab covers law and regulation of cryptocurrency with a focus on decentralized finance (DeFi) and financial privacy. Institutional adoption is an exciting yet frustrating topic in crypto. The true modern-day crypto...
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Crypto & NFTs Are Outperforming Stocks: Time to Invest?
[ad_1] While 2021 was considered the golden year for crypto, 2022 wasn’t as kind. Major cryptocurrencies lost over 50% of their value throughout this year during the bear market. Now, it’s hard to imagine that at this time in 2021, Bitcoin was soaring above $60K. Still, the ongoing crypto...
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Digital asset platform Bakkt set to acquire Apex Crypto for $200M
[ad_1] Digital asset platform Bakkt has entered into an agreement to acquire Apex Crypto, LLC from Apex Fintech Solutions, Inc. According to the agreement, Bakkt is expected to acquire Apex Crypto for the price tag of $200 million, making its first payment of $55 million at the closing of the deal. The...
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