What are the challenges facing IT firms as employees return to office? Is crypto too mainstream in India to be banned? Is it ... Coinbase slumps after reporting lower-than-forecast revenue of $1.24 bn
(Bloomberg) -- Crypto exchange Binance.US, whose chief executive officer recently resigned, just appointed a new president.
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However, cryptocurrency experts had warned of several tell-tale signs that it was likely to be a scam.
But one of these sessions caused SafeMoon’s price to plummet by more than 50 per cent.
Regulation across borders has to keep up with the rapidly advancing pace of cryptocurrency development. Due to the decentralized nature of cryptocurrencies, this is a complex matter, with international disagreement ranging from the legitimacy of currency status, or even whether they should be made illegal.
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DLA PIPER REGISTERS TO REPRESENT KING OF JORDAN: In the days before Jordan’s King Abdullah was alleged in a report from the International Consortium of Investigative Journalists to have funneled $100 million through offshore companies to buy more than a dozen luxury homes in the U.S. and U.K., the monarch, a close U.S. ally, was in the midst of hiring the law firm DLA Piper to provide “legal advice related to potential defamation and other legal remedies associated with inquiries” or reports involving the king, according to documents filed with the Justice Department last week.
The crypto prices today are trading in the red as Bitcoin, as well as the altcoins, have retreated after a strong week of rallies to new all-time highs.
Bitcoin and Ethereum are in retreat following a flash crash. Binance U.S. was hit with a bug Thursday, resulting in a flash crash that saw Bitcoin’s price plummet by around 90%. Ethereum also dipped 50% on the exchange.
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Consumers could easily assume the advertising of unregulated cryptos has cleared tough hurdles More Cryptocurrencies
Though both assets posted a quick recovery, the event has made a significant impact on the market. Bitcoin retraced by 7.4% a few hours after making a new all-time high at $67,000.
It is the latest cryptocurrency to have seen a spike in interest since the turn of the year, following on from the success of Dogecoin, Bitcoin and Ripple XRP in recent weeks.
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SafeMoon is also preparing to launch a cryptocurrency exchange, which apparently is not tied to V2.
Brooks was acting comptroller when he exited the OCC in January. He joined the agency as chief operating officer in March 2020, and was nominated in November by President Donald Trump to serve a full five-year term as comptroller, but for that term to take effect would have required full Senate confirmation.
“Bitcoin has outperformed gold, the most widely regarded inflation hedge, by a considerable margin year-to-date, having gained over 130% compared with gold’s 4% decline.”BTC/USDT daily chart: Source: TradingView