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In a recent collaboration with the US Department of Justice and the FBI, stablecoin issuer Tether took action against a tech support scam network, seizing $1.4 million USDT linked to the fraudulent scheme. The scam targeted vulnerable elderly individuals through deceptive pop-up advertisements, falsely claiming compromised devices and luring victims into seeking assistance from fake
Bitcoin’s recent surge to a new all-time high above $70,000 has caught the attention of many investors and analysts. However, what sets this rally apart is its unconventional nature and the predictions surrounding Bitcoin’s future. Despite the current excitement, experts believe that Bitcoin is still in its early stages and has a long way to
Coinbase has recently taken a strong stance against the Securities and Exchange Commission (SEC) for denying its rulemaking petition, deeming the decision as “arbitrary and capricious.” The crypto exchange expressed its dissatisfaction with the SEC’s action in a petition filed before the US Court of Appeals for the Third Circuit. By challenging this decision, Coinbase
Recently, Matt Hougan, Chief Investment Officer (CIO) at Bitwise Asset Management, discussed the growing interest and adoption of spot Bitcoin Exchange-Traded Funds (ETFs) on CNBC’s ‘Halftime Report’. This conversation coincided with Bitcoin (BTC) surpassing all expectations by reaching a new peak of almost $72,500. The influx of around $20 billion into the market after the
Readyverse Studios, alongside Futurverse Studios and co-founders Ernest Cline and Dan Farah, have recently announced their groundbreaking project: “Open.” This third-person battle royale game is creating a buzz in the gaming world due to its innovative use of Web3 technology and its incorporation of popular intellectual properties (IPs). Set to offer players a unique multi-biome,