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Squid's developers have made off with an estimated $3.38m (£2.48m), according to technology website Gizmodo.

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Before you trade money for crypto, you’ll need to deposit — and when you sell, withdraw — U.S. dollars into and out of your Binance.US account. The fees for this are minimal, especially if you transfer from your bank account using ACH.
Decentraland uses “MANA,” which is an ERC20 token – meaning it’s based on Ethereum’s blockchain. .

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The monetary authority again reiterated its strong views against cryptocurrencies saying they pose serious threats to the ... Has cryptocurrency become too 'mainstream' in India to be banned?
Meanwhile, Ethereum also hit a record — rising to $4,837.59, according to CoinMarketCap.

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How tech beyond Wall Street's control pushed big money to embrace once-fringe crowds, from crypto to meme stocks
As with most cryptocurrencies, there have been mixed reviews so far with one reddit user saying: “I completely agree that once they get listed on an exchange this could easily blow up.”

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Lettau, M. and S. Ludvigson (2001), “Consumption, aggregate wealth, and expected stock returns”, The Journal of Finance 56 (3), 815–849.

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Yet tales of meme-coin holders becoming millionaires have attracted new waves of retail investors to crypto -- along with a growing number of nefarious players. In May, the Federal Trade Commission tallied a record number of crypto investment scams, with Americans’ losses totaling around $80 million since October.

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    While fluctuations are expected, Noble says this swing is a bit out of the ordinary. “I thought the market was maturing and these things would be less frequent and severe. Boy was I wrong,” he says.

    The tecg titan said it wanted to create a separate, private currency system to allow users to make cross-border payments more easily.
    Fun StuffThe 'very British' note has been branded hilariously "passive aggressive" by web users.

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    Despite its low fees, we do not recommend Binance.US, especially for beginners. Binance.US doesn’t offer any information about how your investment will be secured, stored, or protected by the firm, unlike other cryptocurrency exchanges. Plus, there are many other active exchanges that offer simple buy/sell interfaces for long-term investors. We believe that transparency about the safety of your investment is worth paying a bit more in fees.

    If current trends continue, observers predict that the last Bitcoin unit will be mined sometime in the mid-22nd century, for instance — not exactly around the corner.
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    The company has grown to become one of the biggest names in crypto by allowing anyone to use its service to trade myriad tokens, many of which are unavailable or limited on other exchanges. But over the past year, Binance has matured and begun to offer more formalized services. Following fiat currency exchange launches in the U.K., Uganda and Singapore, Binance is opening a dedicated U.S. exchange to avoid uncertainty around its legality.

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    Bitcoin Gold was spawned as a way to make Bitcoin a more user-friendly experience. Developers of Bitcoin Gold have promised that cryptocurrency will be a network for experimentation, allowing users to develop products while working with a protocol that is similar to that of Bitcoin.

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    Plus, a short seller’s $1m ‘bounty’ on Tether, more outflows from unloved UK stocks and Tom Stoppard’s Leopoldstadt

    Cryptocurrency — also known as crypto — is a digital currency designed to work as a medium of exchange. It uses cryptography to secure and verify transactions, as well as to control the creation of new units of a particular digital currency.
    Ensuring CBDCs are legally recognised as a form of payment alongside banknotes and coins could give the new form of money an edge ... Top headlines: Paytm IPO subscribed 48% on Day 2; M&M Q2 net surges 8-fold Cryptocurrency market cap hits $3 trn mark for 1st time, Bitcoin on fire

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On the other hand, if the price turns down from the overhead resistance, it will suggest that traders are defending the level aggressively. The bears will then make one more attempt to pull the price down to the 20-day exponential moving average (EMA) ($566).

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Rivian's IPO was a smashing success, generating real interest among institutional investors. That could be a problem for Tesla—and the S&P 500.

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At Cointelegraph, we are chronicling the ongoing story of cryptocurrency and the rise of a borderless, permissionless financial system. How will industry stakeholders work to make crypto a mainstay in people’s lives? How will crypto investments change the paradigm of the current financial system? And will incumbent and legacy systems accept or fight this change?

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