Author name: Elizabeth Findlay

Crypto Bill Introduced in New York State Assembly: Could Allow Government Agencies to Accept Crypto

Companies and government agencies are making great efforts to increase the adoption of cryptocurrencies. Recently, a bill was introduced in the New York State Assembly on January 26, 2023 that would allow state agencies to accept crypto as a form of payment for civil penalties, taxes, fines, and any other payments levied by the state. …

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The arrival of NFTs in Bitcoin is causing a debate among crypto purists

(Bloomberg) — NFTs are coming to the Bitcoin blockchain, sparking debate among those who say the digital representations add a much-needed fresh use and purists worried about straying too far from the cryptocurrency’s peer-to-peer origins. mesh. Irreplaceable tokens like the now infamous Bored Apes and CryptoPunks are one of the driving forces that have made …

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Crypto investors are looking for real utility, going beyond hype

Investors in the crypto market are looking for more than just a flashy product. Although cryptocurrencies with a low market cap may look tempting, they are not necessarily good investments. The real question for potential buyers is what the token is used for. It is not enough to have a product that is innovative and …

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Profit-taking hits crypto and Chinese stocks after Lunar New Year

After a one-week hiatus during the Lunar New Year, cryptocurrencies and Chinese stocks saw a dip in their bull market performance, leading to profit-taking speculation. The CSI 300 index, which tracks China’s largest listed stocks on mainland exchanges, rose initially but failed to maintain its momentum, ending the day just half a percent higher. Source: …

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Crypto Investment Products Record Weekly Inflows of $117M, Highest Since July 2022

Amid investor sentiment signaling ‘greed’, cryptocurrency investment products saw weekly inflows of $117 million last week — the most since July 2022, according to a CoinShares report. Investors are almost exclusively focused on Bitcoin, which saw an inflow of $116 million. Total assets under management (AuM) of investment products rose 43% from November lows to …

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This crypto entrepreneur has changed the way we think about Blockchain technology

Opinions expressed Entrepreneur collaborators are their own. You are reading Entrepreneur Asia Pacific, an international franchise of Entrepreneur Media. The world has changed with the advent of blockchain technology and its potential impact on the way we think and interact with the world around us. One of the most influential people in the blockchain space …

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Crypto mining is proven to stabilize energy networks

Predicting future developments in energy has been a difficult task for experts. Recent predictions for the year 2050 have shown that some experts were wrong in their predictions. One of the most notable examples is the lack of attention paid to demand response crypto mining. Demand response refers to the ability of customers to adjust …

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US Senator Focused on Cracking Down on Crypto Money Laundering — Urges Congress and Regulators to Take Action — Regulation Bitcoin News

US Senator Elizabeth Warren called on Congress to ensure that regulators, such as the Securities and Exchange Commission (SEC), have the tools to effectively regulate the crypto industry and crack down on crypto money laundering activities. “The current legal structure essentially holds a giant sign above cryptocurrency that says money laundering is taking place here,” …

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This Canadian man lost his life savings in a YouTube crypto scam

Stephen Carr – a resident of Meaford, Ontario – said he lost his entire life savings of nearly $500,000 after being scammed into a cryptocurrency scheme on YouTube. Scammers have repeatedly used the video-sharing website to lure victims. Some have even uploaded fake videos of celebrities, including Elon Musk, Steve Wozniak, Bill Gates and Kanye …

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