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  • Month: July 2023

Three reasons why Bitcoin defends the $30,000 support

Bitcoin price gave up some of its recent gains this week. However, few data show that $30,000 support will likely continue. bitcoins (bitcoin) remained in a narrow range of 4.3% for about two weeks. Despite the narrow gap between $29,895 and $31,165, investor sentiment was negatively impacted by the failure [...]

$30 billion stolen from crypto ecosystem since 2012

According to the report Posted by on July 7 Slow FogHacked since 2012 $30 Billion in Crypto in 1,101 Documented Events. According to the blockchain security firm, the five most common attacks are: vulnerabilities of smart contracts, carpet pulls, flash credit attacks, fraud And private key leaks. The losses represent [...]

strong gender gap in leadership roles

Between fluidity and continuous evolution, the metaverse is still in its infancy. Yet inequalities are already tangible, especially in terms of gender dynamics. It turns out thatMcKinsey & Company’s latest reportpublished in late 2022 by an international management consulting firm and value creation within the immersive ecosystem. The data speaks [...]

Bittrex may face legal action in Florida after bankruptcy

Florida Office of Financial Regulatory considers to initiate enforcement proceedings against BittrexThe US-based crypto exchange filed for Chapter 11 bankruptcy protection in May. In a document filed July 5 in the United States District of Delaware Bankruptcy Court, Brandon GreenbergFlorida Office of Financial Regulatory (OFR) Assistant General Counsel, Announced government [...]

Denmark orders Saxo Bank to remove its cryptocurrencies

Danish financial regulators oppose cryptocurrency service providers, saying that local banks are not allowed to hold cryptocurrencies to hedge against commercial risks.On July 4, the Danish Financial Supervisory Authority (DFSA) formally ordered local investment bank Saxo Bank will divest its crypto assets.Referring to section 24 of the Danish Financial Activities [...]

AI would prefer Bitcoin to centralized cryptocurrencies

According to Paolo Ardoino, Tether’s chief technology officer, if humanity merges with artificial intelligence in the future (AI), bitcoin (bitcoin) may be the currency of choice for responsive AI.Ardoino detailed this hypothetical fact in an interview with Cointelegraph reporter Joseph Hall during the PlanB Summer School in Lugano, Switzerland. Choose [...]

Crypto Firms Won’t Leave US Despite Apparent Hostility

According to the CEO of blockchain analytics firm Merkle Science, the US will not lose its appeal as a crypto hub despite recent rumors to the contrary.In recent months, a series of hostile regulatory actions targeting cryptocurrency companies in the United States has caused many industry executives to look elsewhere.Despite [...]