Category: Crypto News
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Bitcoin miners already made nearly $600K from Ordinals’ NFT transactions
The Ordinals hype is real with the NFT inscriptions now regularly taking over 50% of Bitcoin block space.
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SEC to target crypto firms operating as ‘qualified custodians’ — Report
If a majority of the five-member SEC panel votes in favor of the draft proposal, it will proceed to the next stage, which will be reviewed by other members of the SEC.
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Stablecoins not the target in BUSD crackdown: Matrixport head of research
Crypto financial service Matrixport’s head of research believes regulators are not targeting all stablecoins with the regulatory crackdown on BUSD issuer Paxos.
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OFAC-compliant blocks on Ethereum hit three-month low of 47%
Back in November, the percentage of Ethereum blocks complying with orders from the Office of Foreign Asset Control peaked at 79%.
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Binance withdrawals and BUSD redemptions surge post Paxos crackdown
Net outflows at the cryptocurrency exchange hit $788 million over the last 24 hours, however, Binance told Cointelegraph that “Funds are SAFU.”
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Bitcoin hits record 44M non-zero addresses, thanks to Ordinals: Glassnode
Glassnode noted that this is the first time in Bitcoin history where the network has been used for purposes other than for monetary purposes.
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DeFi exploits and access control hacks cost crypto investors billions in 2022: Report
Cyber criminals used a variety of methods to siphon funds through hacks and exploits in 2022, amounting to over $2.8 billion in losses.
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Huobi Cloud Wallet no more: Exchange pulls plug on DeFi multi-token wallet
Huobi has announced the impending closure of its Huobi Cloud Wallet service, citing strategic adjustments for the move.
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First weekly death cross ever — 5 things to know in Bitcoin this week
Bitcoin price action is making history this week, but for all the wrong reasons, as the 2022 bear market still haunts the charts.
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UAE central bank to issue CBDC as part of its financial transformation program
The issuance of a CBDC aims to address inefficiencies in cross-border payments and drive innovation for domestic payments.