From Bitcoinist.com
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Crypto Ads Crackdown: Thailand’s SEC Warns Exchanges Against Misleading Advertising
Thailand’s Securities and Exchange Commission (SEC) warned digital asset platforms over crypto promotion and misleading advertisement. According to local reports, these platforms must be careful with their ads and focus on benefiting investors. The warning follows the regulator’s efforts to stringently regulate the country amid growing concerns over crypto-related online scams. Related Reading: Spot Bitcoin […]
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First In History: Bitcoin Miners Now Need More Than 1 EH/s Of Power To Mine 1 BTC
On-chain data shows that, for the first time in history, Bitcoin miners require more than 1 EH/s of daily computing power to mine just 1 token of the asset. Bitcoin Hashcoin Has Set A New All-Time High Now As explained by CryptoQuant head of research Julio Moreno in a post on X, the BTC Hashcoin […]
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Bitcoin Whales, Not Retailers, Are Safe If The United States Government Begins Confiscating Coins: Analyst
Willy Woo, an on-chain analyst, took to X on April 29, raising concerns about the fate of retail Bitcoin investors if the world, especially the United States, plunges into a recession. Woo, referencing historical events, argues that while large Bitcoin holders, or “whales,” are likely to weather the storm since they control private keys of their coins, […]
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Ethereum Regulatory Saga: Court Filings Expose SEC Chair Gensler's Stand
Newly disclosed court filings have shed light on the belief of the US Securities and Exchange Commission (SEC) and its chairman, Gary Gensler, that Ethereum (ETH) is an “unregistered security” under the Howey Test, which is considered by the vast majority of crypto advocates to be an outdated legal framework for regulating crypto assets. According […]
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Cyber Heist Alert: North Korea Hackers Lazarus Group Use LinkedIn To Prey on Crypto Firms
The notorious Lazarus Group, a cyber-hacker entity backed by North Korea, appears to have escalated its fraudulent activities to attack crypto by exploiting LinkedIn’s professional networking platform. This cyber threat has been detailed in a report by SlowMist, a leading information security firm. The Lazarus Group, known for its elaborate cyber offenses, has now impersonated […]
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Here’s Where The Shiba Inu Price Is Headed In May According To Historical Data
The Shiba Inu price, along with the rest of the crypto market, has suffered uncertain headwinds as a result of massive sell-offs suppressing the price. However, with the month of April drawing to an end, crypto investors are expecting the price direction. One way of getting an idea of where the price might be headed […]
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Expert Flags Dangers Of Spot Bitcoin ETFs: Labels Them 'Orange FOMO Poker Chips'
Market expert and researcher Jim Bianco recently voiced cautionary remarks regarding the alleged risks of spot Bitcoin ETFs. Bianco’s insights shed light on these ETFs’ implications for the market and address specific concerns related to investor behavior. Minimal Involvement In New Bitcoin ETFs? In a thought-provoking social media post on X (formerly Twitter), Bianco emphasized his […]
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Ethereum Network Now Cheapest In 6 Months: What It Means
On-chain data shows the Ethereum transaction fees is now at its lowest since October 2023. Here’s what it could mean for the cryptocurrency. Ethereum Transfer Fees Has Recently Plunged To A Low Of $1.12 According to data from the on-chain analytics firm Santiment, the average fee on the Ethereum network has dropped to low levels […]
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Akita Goes Digital: Japanese Society Uses Blockchain To Guard Dog Breeds
The Akita Inu, a majestic breed hailing from Japan’s northern prefecture of Akita, has gained international acclaim in recent years. To combat rising concerns about pedigree forgery and lost documents, the Akita Inu Preservation Society is embracing the digital age. They’ve partnered with a tech firm to develop a secure system using blockchain technology, the […]
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DOJ Counters Tornado Cash Developer’s Motion To Dismiss – Details
The US Department of Justice has released a rebuttal to Tornado Cash developer Roman Storm’s motion to dismiss the criminal charges levied against him by the government. In a filing submitted on Friday, the DOJ rebuffed several arguments made by the defendant’s lawyers while nudging the court to ensure the case undergoes a proper trial. […]
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Phoenix Wallet To Disable Services In the US – Here’s Why
Phoenix Wallet, a Bitcoin wallet provider for Lightning Network payments, has announced its impending removal from US application stores. This development comes as the wallet’s founding company, ACINQ, criticizes the regulation of self-custodial wallets in the US. Related Reading: Custodia To File Appeal Over Denied Access To Fed Master Account Phoenix Wallet Terminates US Services […]
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Bitcoin Bull Run: Past Its Prime, Or Poised For A Correction? Analyst Raises Eyebrows
Famed trader Peter Brandt has thrown a wrench into the gears of Bitcoin’s celebratory parade. In a recent analysis titled “Does history make a case that Bitcoin has topped?”, Brandt throws cold water on the idea of a limitless price surge, suggesting the cryptocurrency might be nearing the summit of its current bull run. Related […]