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Investing in cryptocurrency-related offerings is challenging area for investors. The State Securities Board's compact glossary of cryptocurrency terms is intended to help investors equip themselves with a basic understanding of the terms and concepts underpinning the most common facets of cryptocurrencies. .

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How is the tax dept planning to tap cryptocurrencies and NFTs? What are pros and cons of investing in equity-linked savings ... Digital currencies likely to be legal tender, say Central banks
A digital token inspired by the popular South Korean Netflix series Squid Game has lost almost all of its value as it was revealed to be an apparent scam.

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Wallets used by cryptocurrency exchanges are somewhat vulnerable to hacking. For instance, Japan-based Bitcoin exchange Mt. Gox shut down and declared bankruptcy a few years back after hackers systematically relieved it of more than $450 million in Bitcoin exchanged over its servers.
Cryptocurrency Prices Today: Bitcoin and Ethereum fall, Dogecoin sheds 4%Amitabh Bachchan's exclusive NFT collection auctioned for over Rs 7 croreElon Musk hails Dogecoin as ‘people’s crypto’Cryptocurrency prices today: Shiba Inu surges 20%, Dogecoin gains 17%What are meme coins, floki currencies and Dogecoin-killers?

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There have been previous reports that Binance.US keeps users’ USD in FDIC-insured accounts, but posts on the Binance.US site containing that information have since been deleted. While it doesn’t guarantee the same in case of a Binance.US hack, the international version of the exchange, Binance, covered all consumer losses after a $40 million hack in 2019.

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A further blow was dealt when China ordered Bitcoin mining in its Sichuan province to shut down completely and furthermore told banks to stop supporting crypto transactions, in a latest wave of restrictions on cryptos.

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    Besides these broader differences, there are also some practical differences when comparing Binance vs Binance.US.

    INSIDE HUNGARY’S U.S. INFLUENCE CAMPAIGN: “Former Vice President Mike Pence turned up in Hungary last month to speak to a conference on conservative social values hosted by the far-right government of Prime Minister Viktor Orban,” Ken Vogel and Benjamin Novak write for The New York Times. “Jeff Sessions, the former attorney general, was another recent visitor. Tucker Carlson did his Fox News show from Hungary for a week this summer. The American Conservative Union is planning a version of its CPAC gathering in Budapest early next year.”
    The world’s largest crypto exchange is going legit. Binance, which processes more than $1 billion on a daily basis and for so long has embodied crypto’s Wild West culture, announced that it will launch a U.S.-based service — but, in the meantime, it is implementing restrictions for U.S. passport holders worldwide and those based in the country.

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    Cryptocurrency developers build these protocols on advanced mathematics and computer engineering principles that render them virtually impossible to break, and thus to duplicate or counterfeit the protected currencies.

    WARREN DAVIDSON: The industry is basically pleading, give us some regulatory clarity.
    There are over 2000 cryptocurrencies available to buy and sell, though most have little value. Of these, bitcoin, ether (the token of the Ethereum network), ripple, bitcoin cash (an offshoot of bitcoin) and litecoin are among the most valuable by market capitalisation.

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    Former Trump principal deputy solicitor of the U.S. Department of Interior Gregory Zezan argues cryptocurrencies and stablecoins give people financial freedom, which the Biden admin is fighting against.

    Indians' investments in crypto grew from about $200 million to nearly $40 billion in the past year
    Bitcoin ETFs, once considered a pipe dream, are now a reality giving investors more avenues to invest in cryptocurrency.

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    Home / Markets / Cryptocurrency / This cryptocurrency zoomed over 70,000% in just 24 hours This cryptocurrency zoomed over 70,000% in just 24 hours Premium The crypto has been very volatile in the past week with huge price swings 2 min read . Updated: 11 Nov 2021, 05:31 PM IST Livemint

    In the past 24 hours, the cryptocurrency has surged 93%. It's currently trading at less than $0.000000000001, according to CoinMarketCap.
    Stablecoins peg their values to various fiat currencies or assets, such as gold. Most often pegged one-to-one with the U.S. dollar, stablecoins give users a way to sell into an asset carrying the same value as a national currency, but one that can still be transacted and stored in a crypto-esque fashion within the ecosystem.

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Overall, Coinmarketcap estimates the global crypto market has shrunk around 10% in the past 24 hours.

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Yet, trading on Binance.US obliges the customers to undergo the KYC (know your customer) procedure. First, the users are required to go through either of four types of verification available on the platform:

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Dogecoin is thus notable as an experiment in “inflationary cryptocurrency,” and experts are watching it closely to see how its long-term value trajectory differs from that of other cryptocurrencies.

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The demand for a cryptocurrency depends on many factors. Demand will be increased based on how useful it is to own the coins. This means if the crypto monetary system works well (i.e. fast transactions and low fees), if smart contracts become more commonplace, and if more businesses start to accept crypto, the demand for crypto will increase. Additionally, there is an increased demand for cryptocurrencies as a store of value investment.

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