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The recent case of a man in his thirties sentenced to five years in prison for crypto-related fraud highlights the disturbing trend of scammers targeting AfreecaTV BJ stars in South Korea. These stars, who have gained fame and fortune through the platform, are now being lured into complex crypto fraud projects by unscrupulous individuals seeking
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The recent settlement between Binance and the U.S. Department of Justice (DOJ) has sparked a wave of controversy in Nigeria. The House of Representatives Committee on Financial Crimes issued an ultimatum to Binance CEO Richard Teng, demanding his appearance before the committee by March 4. The summons was based on allegations of financial crimes, including
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In recent times, there has been a noticeable migration of Shiba Inu (SHIB) token enthusiasts to the rival meme coin project known as Golden Inu (GOLDEN). The Golden Inu ecosystem project made some bold promises, such as introducing a play-to-earn game by the end of the year, launching a crypto e-commerce platform by 2025, and
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Hungary is on the verge of implementing a groundbreaking legislative proposal that would allow banks, investment funds, and asset managers to offer services involving Bitcoin and other cryptocurrencies. This move, as reported by Bloomberg Law on March 1, signifies a monumental shift in Hungary’s financial sector and mirrors a larger European trend towards embracing digital
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In a groundbreaking move, Ethereum scaling solution Arbitrum has joined forces with the trading app giant Robinhood to introduce a new token swap integration within Robinhood’s self-custody wallet. This exciting collaboration was unveiled during the ETHDenver conference, highlighting the innovative step towards enhancing user experience and accessibility in the crypto space. The strategic partnership between
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There have been reports claiming that the Nigerian government is contemplating levying fines as high as $10 billion on Binance, a popular cryptocurrency exchange. According to local media outlets, Bayo Onanuga, the special adviser to the Nigerian president, has accused Binance of profiting from facilitating illegal transactions within the African country. Onanuga stated that the
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XRP has experienced a surge in value this week, approaching its 2024 high. This increase has caught the attention of crypto analysts who see the potential for even further growth in the coming months. Crypto Egrag, a prominent cryptocurrency expert and trader, recently shared his insights on XRP’s price action with the community on social
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