cryptocurrency

The global crypto payment gateway market is expected to reach

Portland, Oregon, Feb. 01, 2023 (GLOBE NEWSWIRE) — According to a report published by Allied Market Research, the global crypto payment gateway market was valued at $1.00 billion in 2021 and is expected to reach 5.4 billion by 2031, registering a CAGR of 18.7% from 2022 to 2031. The report provides detailed analysis of the …

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Bean-Obsessed Crypto-Weeb Community Raises $2.74M in Cryptocurrency and NFTs

In yet another in a series of life-affirming Web3 crashes, more than $1.74 million has been ripped off from unsuspecting potential cryptocurrency investors after the Azuki NFT anime world’s Twitter account was hacked. That’s on top of a potential million dollars worth of stolen NFTs. After he took over Azuki official Twitter (opens in a …

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Britain lays out plans to regulate crypto industry after FTX collapse

British Prime Minister Rishi Sunak speaks during a question and answer session at Teesside University, January 30, 2023. Oli Scarff | Wpa pool | Getty Images News The UK has officially outlined plans to regulate the cryptocurrency industry, with the government looking to curb some of the reckless business practices that have emerged over the …

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The investor who called the bottom of cryptocurrency predicts that more coins will reach a trillion dollars in value in the next market rally

A veteran of the crypto space predicts the next bull market for digital assets and predicts that more projects will reach trillions of dollars in value. In a new interview with Bankless, former ARK Invest CEO and current partner at venture capital firm Placeholder Chris Burniske says he’s keeping an eye on how interest rate …

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Lost your cryptocurrency in the midst of Chapter 11 bankruptcy filings? You probably won’t get it back • TechCrunch

If you lost access to your money when the crypto company holding your assets files for bankruptcy, then you’re probably out of luck. As Chapter 11 bankruptcy proceedings progress for several well-known crypto companies, those who lost funds are surely hoping to get all — or at least some — of their money back. Lawyers …

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Cryptocurrency could be the biggest Ponzi scheme of all time

The seemingly limitless innovations emanating from information technology have created enormous opportunities for all kinds of predatory behavior unfettered by social regulation. Cryptocurrencies are one of the leading contenders in this competition. Crypto is a Ponzi scheme. It’s the IT version of what Bernie Madoff did in the New York mutual fund scam of the …

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Senator Elizabeth Warren’s Cryptocurrency Crash: Risks for America

Instead of taking a shotgun approach, focus on finding solutions to the risks associated with cryptocurrency. In light of the FTX debacle, Senator Elizabeth Warren recently introduced a bill that would require the US Treasury Secretary to establish a rule prohibiting financial institutions from operating self-hosted wallets. Innovation in the United States is at risk …

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Bomani Jones told Seth Meyers he saw the cryptocurrency crash coming

Bomani Jones, Emmy-winning sports journalist and HBO host Game theorystopped by to chat with Seth Meyers on Wednesday night, where they had a wide-ranging conversation that eventually got to the unusual — and for many, unfortunate — relationship between cryptocurrency and sports. It’s a topic Jones has covered before, including in a March 2022 episode …

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What is crypto winter? Definition, length and impact on the investor

For those who bet big on digital currencies, crypto winters can decimate fortunes. Izzy Park via Unsplash; Canva Content Although cryptocurrency is a younger asset class, its overall performance appears to be somewhat cyclical – just like its more established peers. In other words, it experiences ups and downs in a similar way to more …

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Cryptocurrency lending platforms have been hit hard as the contagion spreads

The crypto lending industry, which has given borrowers billions of dollars in just the past few years, is facing its biggest crisis yet as some of its leading companies collapse. Genesis Global Capital, which has committed $130 billion in 2021, filed for bankruptcy last week and joined BlockFi Inc., Celsius Network and Voyager Digital among …

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