Bitfinex cautions that smaller Bitcoin miners could face closure following the halving event.

On March 15, the Hong Kong-based cryptocurrency platform Bitfinex issued a warning to Bitcoin miners regarding the potential for increased centralization of power following the upcoming halving event. In a comprehensive blog report, Bitfinex outlined the financial challenges that smaller miners may face in the wake of the fourth Bitcoin halving. This event, anticipated to…

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As whales transition their focus from the Dogecoin dollar dream, the spotlight shifts to a 1000X A.I Exchange Token, leaving the former meme coin behind.

As the cryptocurrency market undergoes continuous transformation, the once fervent aspiration of Dogecoin (DOGE) reaching the coveted $1 threshold appears to be receding from the forefront. This shift in investor sentiment does not reflect a waning interest in cryptocurrencies, but rather a strategic repositioning towards more promising and technologically advanced AI exchange tokens. Among these,…

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Former Coinbase Chief Technology Officer (CTO) Advocates ‘Bitcoin Voting’: Significance Explained

In a provocative statement shared on X (formerly Twitter), Balaji Srinivasan, the former Chief Technology Officer (CTO) at Coinbase and a prominent figure in the venture capital sector during his tenure at Andreessen Horowitz, ignited discussions within the crypto community and beyond by making a bold declaration: “VOTE FOR BITCOIN.” Leveraging his significant influence in…

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Investors are buzzing with excitement as GCR finalizes a $4 million deal for the DogWifHat meme.

summary The $4 million acquisition of the Dogwifhat meme by GCR affects WIF prices. GCR’s strategic purchase highlights the significant influence of memes on cryptocurrency valuation. GCR’s trading expertise contributes to reshaping the dynamics of the cryptocurrency market. Renowned trader GiganticRebirth, often referred to as GCR, has made headlines in the cryptocurrency community with their…

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Crypto Controversy: Founder of Remilia Alleges Hacking Amid Ether and NFT Transactions

Amidst a fresh wave of cryptocurrency turmoil, the founder of Remilia appears to have fallen prey to a hacking incident involving the unauthorized transfer of significant amounts of Ether and non-fungible tokens (NFTs). The incident surfaced when Dumpster DAO on X shared a screenshot of Krishna Okhandiar, also known as Charlotte Fang, expressing, “I got…

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Richard Teng, CEO of Binance, Forecasts Bitcoin Surpassing $80,000 Driven by Inflows from ETFs

Richard Teng, CEO of Binance, projects that Bitcoin will exceed $80,000 by the year’s end, attributing this anticipated surge to the escalating interest from institutional investors in cryptocurrency-backed exchange-traded funds (ETFs). In January, US regulators granted approval for multiple Spot Bitcoin ETFs, effectively classifying them as stocks for American investors. This decision was recently mirrored…

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Charles Hoskinson, the founder of Cardano, refutes rumors suggesting the abandonment of the Hydra scaling project.

Addressing speculations surrounding the purported abandonment of the Hydra scaling project within Cardano, CEO Charles Hoskinson dismissed such claims as mere “FUD” (fear, uncertainty, and doubt), emphasizing their unfounded nature. I'm seeing some videos claiming that Hydra has been abandoned. It is just pure FUD. The team has never been more productive and motivated, there…

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Under the weight of IMF pressure, Pakistan is confronted with the imperative to impose taxes on both cryptocurrency and real estate.

As reported by a local news outlet, the International Monetary Fund (IMF) has mandated that Pakistan’s Federal Board of Revenue (FBR) impose a capital gains tax (CGT) on cryptocurrency investments and real estate transactions as a prerequisite for accessing a $3 billion bailout package. Furthermore, the IMF has recommended that Pakistan reassess its taxation policies…

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Promoters of the IcomTech Ponzi Scheme have been convicted in New York and are now staring at the prospect of spending two decades behind bars.

According to a press release from the United States Attorney’s Office for the Southern District of New York, David Brend and Gustavo Rodriguez, the promoters of the fraudulent crypto mining and trading facility IcomTech, were convicted of conspiracy to commit wire fraud by a New York jury on Friday. Investors were enticed by false promises…

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