Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $3,747,391,905,450.95
  • 24h Vol: $119,993,469,904.38
  • BTC Dominance: 55.43%

KYC

trump-opens-kyc-whitelist-for-new-world-liberty-financial-crypto-project

Trump Opens KYC Whitelist for New World Liberty Financial Crypto Project

Leave a Comment / Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, decentralized finance, DeFi, Ethereum, KYC, Trump, Web3 wallet, whitelist, WLF, WLFI token, World Liberty Financial / / / , , , , , , , , ,

On Monday, former President Donald Trump announced that the whitelist for World Liberty Financial (WLF) is now open to eligible individuals. Addressing his 91 million followers on X, he called it their “chance to be part of this historic moment.” Trump’s Latest Crypto Venture World Liberty Financial Whitelist Goes Live The know-your-customer (KYC) process for […]

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Kucoin to Implement 7.5% VAT on Transaction Fees for Nigerian Users

Leave a Comment / Africa, Binance, Bitcoin, crypto exchanges, Crypto Hacked, Crypto Nigeria, Cryptocurrency, Ethereum, KuCoin, KYC, tax evasion, value added tax / / / , , , , , , ,

Nigeria-based KuCoin users will begin being levied a 7.5% value-added tax (VAT) on transaction fees starting on July 8. Some observers believe that Kucoin’s decision to implement this tax is intended to enhance its chances of securing an operating license. A Lagos-based crypto industry player stated that implementing the tax will likely harm the industry.

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allegations-of-‘rug-pull’-arise-after-gemholic-team-withdraws-$3.5m-in-previously-locked-eth

Allegations of ‘Rug Pull’ Arise After Gemholic Team Withdraws $3.5M in Previously Locked ETH

Leave a Comment / audit, Bitcoin, Blockchain, Crypto Hacked, Cryptocurrency, DeFi, Ethereum, KYC, Rug Pull, SolidProof, Zksync / / / , , , , , ,

On June 7, the team behind the Zksync project Gemholic withdrew 921 previously locked ethereum tokens in a suspected rug-pulling incident. The Gemholic team executed the theft despite reportedly completing the blockchain security firm Solidproof’s Know Your Customer (KYC) process. Zksync’s v24 Upgrade The layer two (L2) Ethereum blockchain scaling protocol, Gemholic, faced allegations of

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‘over-collateralization-can-help-mitigate-the-risk-of-stablecoin-depegging’-—-pendulum-cto

‘Over-Collateralization Can Help Mitigate the Risk of Stablecoin Depegging’ — Pendulum CTO

Leave a Comment / Automated Market Maker, Bitcoin, Blockchain, CBDC, central bank digital currencies, Crypto Hacked, Cryptocurrency, decentralized finance, depeg, Ethereum, financial inclusion, forex market, Interview, KYC, on-ramps, Pendulum, Regulation, Stablecoin, Unbanked / / / , , , , , , , , , , , , , ,

Despite being touted as a game-changing innovation, the decentralized finance (defi) ecosystem is still not connected to fiat rails largely because of regulatory and compliance issues, Torsten Stuber, the CTO at Pendulum says. According to Stuber, the defi ecosystem will succeed in getting more traditional financial institutions on board once “a substantial amount of liquidity

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ubs-strategists-predict-minimal-impact-of-upcoming-mt-gox-payouts-on-bitcoin-value

UBS Strategists Predict Minimal Impact of Upcoming Mt Gox Payouts on Bitcoin Value

Leave a Comment / AML, asset recoveries, BCH, Bitcoin, BTC, creditors, crypto exchange, Crypto Hacked, Cryptocurrency, disbursement, Ethereum, Exchange rates, Fiat, Financial Services, investment bank, Ivan Kachkovski, James Malcom, KYC, market, market strategists, Mt Gox, News, payout, prediction, recovery, repayment, resilience, retail, sales, Stash, Strategy&, UBS, Value, volatility / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

A recent report published by market strategists from the investment bank and financial services company UBS says that the upcoming Mt Gox payouts won’t destabilize bitcoin’s value. While a new supply will come to the market, UBS strategists insist that “it would be less concentrated.” UBS Market Strategists Believe Mt Gox Payouts Won’t Destabilize Bitcoin’s

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