Every day, a team of AIs deliver simple, straightforward updates from the world of crypto.
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FBI Reports $5.6B Losses to Crypto Fraud; El Salvador’s Bitcoin Revolution
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In this episode, we discuss the alarming $5.6 billion lost to cryptocurrency fraud in 2023, as reported by the FBI, highlighting the need for public awareness. We also explore El Salvador's innovative approach to mainstreaming Bitcoin, including digital displays of its price and ambitious projects like 'Bitcoin City.' Additionally, we analyze the c…
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Russia’s Crypto Mining Legalization: A New Era Amid Sanctions
11:08
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11:08
Russia has legalized cryptocurrency mining to bypass Western sanctions, establishing a regulatory framework that could reshape the global crypto landscape. Meanwhile, a malicious app disguised as WalletConnect has stolen $70,000 from users, highlighting the risks of mobile crypto management. As the rise of the 'crypto voter' emerges, both political…
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FBI Reports $5.6B Lost to Crypto Fraud: A Growing Crisis
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12:12
In 2023, Americans lost over $5.6 billion to cryptocurrency fraud, a staggering 45% increase from the previous year, according to the FBI. This episode delves into the alarming rise of crypto scams, the types of fraud prevalent in the market, and essential tips for avoiding these traps. We also discuss the recent crackdown on illegal cryptocurrency…
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US Authorities Target Russian Crypto Laundering, PayPal Expands Crypto Services
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In this episode, we cover the U.S. Justice Department's crackdown on Russian cryptocurrency money laundering operations, including the seizure of illegal exchange websites. We also discuss PayPal's new feature allowing U.S. merchants to trade cryptocurrencies directly, enhancing the integration of digital currencies into business. Additionally, we …
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PayPal’s Bold Move: Businesses Can Now Trade Cryptocurrency
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11:56
In a groundbreaking development, PayPal has enabled U.S. business accounts to buy, hold, and sell cryptocurrency directly. This shift reflects the growing demand for digital currency capabilities among merchants and positions PayPal as a key player in the evolving crypto landscape. We explore the implications for small businesses and the future of …
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Calls for Crypto Regulation Rise Amid Fraud Concerns and Political Divisions
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In this episode, we explore the urgent call for tighter regulations in the cryptocurrency sector by Circle co-founder Jeremy Allaire, who emphasizes the need for safeguards against fraud and volatility. We also discuss the alarming rise in cryptocurrency fraud in Maryland, with losses reaching nearly $54.5 million this year. Additionally, we analyz…
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Coinbase vs. SEC: The Fight for Crypto Clarity and Rising Scam Alerts
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10:27
In this episode, we explore Coinbase's legal battle with the SEC as it seeks regulatory clarity for digital assets. We also discuss the influence of cryptocurrency on the Ohio Senate race, where significant funding is shaping political campaigns. Additionally, we highlight alarming trends in investment scams involving cryptocurrency, with the Bette…
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Crypto Fraud Exposed: $230 Million Scam and Its Implications
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In this episode, we uncover the shocking details of a $230 million cryptocurrency fraud orchestrated by two young individuals. We also discuss the potential impact of the upcoming US presidential election on the future of crypto regulation, and alarming statistics revealing that Americans lost $5.6 billion to crypto scams in 2023. Additionally, we …
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Hong Kong Leads East Asia in Cryptocurrency Activity, Trump Family Launches New Platform
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10:31
Hong Kong sees the biggest uptick in cryptocurrency activity in East Asia, according to a new report. Meanwhile, the Trump family enters the cryptocurrency world with their own platform. Plus, Wheat Ridge police warn of a new blackmail cryptocurrency scam, and Louisiana announces state services can be paid with cryptocurrency. Sources: https://fina…
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Trump Launches Cryptocurrency Platform, Hong Kong Leads in Crypto Activity
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10:37
Former President Donald Trump and his sons enter the world of cryptocurrency with their own platform. Hong Kong sees a surge in cryptocurrency activity, becoming a major player in East Asia. Plus, Louisiana State Government accepts cryptocurrency payments, and FBI reports staggering losses from cryptocurrency scams. Sources: https://www.thehindu.co…
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Binance Warns of Clipper Malware, Trump’s Cryptocurrency Chat, Russia’s Sanction Circumvention, and Indodax Hack
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Binance warns of rising clipper malware attacks targeting cryptocurrency users. Trump suggests 'God wants him to be president' in a rambling cryptocurrency chat. Russia reports on a way to circumvent sanctions through cryptocurrency. Indodax cryptocurrency exchange hack: 9B SHIB stolen in $20.5 mln heist. Stay informed about the latest developments…
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Beware of Cryptocurrency Scammers, India Leads Crypto Adoption
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Consumer First Alert warns of cryptocurrency scammers promising big profits. Despite regulatory pressure, India emerges as a leader in crypto adoption. Plus, Ethereum collapses against Bitcoin, and FTX co-founder seeks a fair trial amidst fraud allegations. Sources: https://www.wbay.com/2024/09/15/consumer-first-alert-cryptocurrency-scammers-promis…
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Cryptocurrency Fraud Surges, Market Prices Soar, and Hospitality Industry Adopts Crypto Payments
11:24
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11:24
Cryptocurrency fraud cost Americans $5.6B last year, highlighting the need for increased awareness. Meanwhile, Bitcoin surpasses $60K and altcoins surge, driving the cryptocurrency market. Detectives recover lost funds in a crypto scam, emphasizing the importance of vigilance. Additionally, the hospitality industry embraces cryptocurrency payments,…
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New Linux Malware Targets Cryptocurrency, Sentencing in Crypto Scheme
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9:44
A new Linux malware campaign exploits Oracle Weblogic to mine cryptocurrency. Plus, 12 individuals sentenced in a crypto scheme involving violent home invasions. Also, cryptocurrency prices soar as Bitcoin surpasses $60K and altcoins surge. And, the weird role of Barron Trump in Donald Trump's fishy cryptocurrency venture. Sources: https://thehacke…
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New Linux Malware Targets Cryptocurrency Mining, Marylanders Lose Millions to Scams
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11:55
A new Linux malware campaign exploits Oracle Weblogic to mine cryptocurrency. Cryptocurrency scams cost Marylanders nearly $94 million in 2023. Plus, the SEC directs a crypto firm to halt trading for all coins but Bitcoin, Ethereum, and Bitcoin Cash. Also, reported cryptocurrency losses reached $5.6 billion in 2023, according to the FBI. Sources: h…
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Surge in Cryptocurrency Scams, Hong Kong Considers New Crypto Scheme, Mexico’s Adoption Success, and Elon Musk’s New Favorite Cryptocurrency
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9:59
Cryptocurrency-linked scams surge in 2024 as cybercriminals shift tactics. Hong Kong weighs a new OTC crypto scheme with the SFC. The untold story behind Mexico's surge in cryptocurrency adoption. Elon Musk gets a new favorite cryptocurrency, and it's not Dogecoin. Stay informed about the latest developments in the cryptocurrency world with Simply …
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Software Engineer Arrested for Stealing Cryptocurrency, Presidential Debate Impact on Crypto Market, FBI Reports Rise in Cryptocurrency Scams
11:14
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A software engineer is arrested for stealing cryptocurrency worth Rs 56 crore. The presidential debate's lack of mention of cryptocurrencies causes Bitcoin, Ethereum, and Dogecoin to give up gains. The FBI reports Wisconsinites lost $35 million in cryptocurrency scams last year. Simply Crypto covers these stories to highlight the risks and challeng…
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Bitcoin Hits $58K, FBI Warns of Cryptocurrency Fraud, Crypto Winter’s Lasting Impact
10:59
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10:59
Cryptocurrency prices soar as Bitcoin touches $58K, while the FBI reveals that 50% of financial fraud losses involve cryptocurrency. The Federal Reserve's survey indicates a lasting impact from the Crypto Winter of 2022. Plus, the hidden threat of Bitcoin ATMs to cryptocurrency security is explored. Stay informed with Simply Crypto's latest updates…
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NEAR Protocol and Uniswap Experience Price Surges, BIGG Digital Assets Partners with Web3 Enabler
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Cryptocurrency NEAR Protocol's price increased more than 4% within 24 hours, while Uniswap rose more than 3% in the same timeframe. BIGG Digital Assets partners with Web3 Enabler to integrate cryptocurrency compliance in Salesforce. Stay updated on the latest price movements and industry collaborations in the cryptocurrency market with Simply Crypt…
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Accessible Cloud Mining, Crypto Debit Card Integration, Robinhood Settlement, and Android Malware Threat
8:59
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MasHash introduces accessible cloud mining solutions for cryptocurrency enthusiasts. Mastercard's crypto debit card integrates with Apple and Google Pay. Robinhood settles charges of locking crypto customers onto its platform. A new malware threat targets Android apps to steal cryptocurrency credentials. Stay informed about the latest developments …
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Trump’s Crypto Business Raises Conflict Concerns, Kidnapping in Crypto Scam Exposed
10:28
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10:28
Donald Trump's new crypto business could create more conflicts if he's elected president. A woman shares her harrowing experience of being kidnapped and forced to work as a cryptocurrency scammer abroad. Plus, Kamala Harris adopts crypto for campaign donations, and the Better Business Bureau warns about rising investment and cryptocurrency scams. S…
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Super PAC Accepts Crypto Donations, Bitcoin Price Predictions, Swiss Bank Expands Crypto Services
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Top super PAC backing Kamala Harris to accept cryptocurrency donations. Anthony Scaramucci believes Bitcoin could reach $150K-$200K with king crypto wallets approaching 1B. Zürcher Kantonalbank expands cryptocurrency services to retail clients. Stay informed about the intersection of politics and cryptocurrency, Bitcoin price predictions, and the e…
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Pro-Crypto Attorney Challenges Elizabeth Warren, Trader Turns $5,100 into $700,000
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Pro-Bitcoin attorney John Deaton set to go head-to-head with skeptic Elizabeth Warren. Plus, a cryptocurrency trader turns $5,100 into $700,000 in just two days. Also, Trump's upcoming crypto initiative reportedly modeled around a hacked DeFi platform. And Bitcoin's low-cost offshoot BSV becomes the market's biggest gainer while king crypto plunges…
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Crypto Whales Shift Focus, Bitcoin Mining Revenue Tanks, Memecoin Rally
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11:39
Crypto whales shift focus from Solana and XRP to emerging cryptocurrency Rollblock. Bitcoin mining revenue hits an 11-month low. Memecoin rally sees gains in dogwifhat and Popcat. Stay informed about the latest trends and investment opportunities in the cryptocurrency market. Sources: https://bravenewcoin.com/insights/crypto-whales-shift-focus-from…
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Bitcoin’s Performance vs. Gold, Crypto Industry’s Political Spending, Telegram’s Reliance on Cryptocurrency, and the Crypto Bill’s Passage
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Peter Schiff highlights Bitcoin's underwhelming performance against gold in the past 6 months. Paul Krugman questions the cryptocurrency industry's worth due to massive political spending. Financial Times reveals Telegram's heavy reliance on cryptocurrency. The chances of the crypto bill passing in 2024 are discussed. Stay informed about the dynami…
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Bitcoin Hash Price Drops, Wall Street Miner’s Success, Bitstamp’s Revenue Decline, and Elon Musk’s Dogecoin Plans
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The price of Bitcoin hash hits a new low, signaling a potential buying opportunity. A Wall Street Bitcoin miner reports reduced losses and impressive revenue growth. Bitstamp, a top crypto exchange, experiences a significant decline in revenue. Elon Musk expresses interest in bringing back Dogecoin as a payment option for Tesla's merchandise. Stay …
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North Korean Hackers Exploit Chrome Flaw, Singapore Leads in Cryptocurrency Adoption
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10:28
North Korean hackers exploit a Chrome flaw to steal cryptocurrency, while Singapore takes the top spot in global cryptocurrency adoption. Plus, Bitcoin price volatility expected at the Fed September FOMC meeting, and Bitcoin surges to $61,000 as experts eye pre-election patterns and ETF flows. Sources: https://www.cryptotimes.io/2024/08/31/north-ko…
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Cryptocurrency Platforms Face Lawsuits, Render and Stacks Experience Price Movements
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8:48
Cryptocurrency platforms imToken and Marella sued for user data collection and sales. Render cryptocurrency drops more than 10% within 24 hours. Exclusive: Bridge aims to level up stablecoins with $58 million in funding. Stacks cryptocurrency decreases more than 3% within 24 hours. Stay informed about the latest developments in the crypto industry …
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Coinflip Expands Cryptocurrency Services to Mexico, Challenges of Crypto as Payment Method
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11:41
Coinflip extends its cryptocurrency ATM services to Mexico, while exploring the challenges of cryptocurrencies as a mainstream payment method. Also, Polymarket traders hold over $2M worth of positions on Kamala Harris' election success. Plus, Ethereum co-founder Vitalik Buterin affirms his belief in ETH as a store of value. Sources: https://insideb…
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Ethereum Co-Founder Affirms Belief in ETH, Cryptocurrency Market Trends, and Cryptocurrency ATM Scam in Oklahoma City
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Ethereum co-founder Vitalik Buterin affirms his personal belief in Ethereum as a store of value. The cryptocurrency market experiences a third consecutive day of trading lower. Bitcoin prices fall below $58,000 as various factors fuel losses. An Oklahoma City resident loses thousands in a cryptocurrency ATM scam. Stay informed about the latest deve…
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Crypto Market Shaken by CEO’s Arrest, Bitcoin’s Price Breakout Predictions, and Luxury Home Sale by Cryptocurrency Tycoon
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Telegram-linked crypto token sheds $2.7 billion after CEO Pavel Durov's arrest. Bitcoin's consolidation preludes a big breakout, predicts popular crypto trader. Cryptocurrency tycoon sells one of Lake Tahoe's priciest homes for a staggering $47.5 million. Despite market jitters, investor Bill Miller stands firm on Bitcoin as an insurance policy aga…
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Wyoming to Issue State-Backed Cryptocurrency, Sony Launches Ethereum Layer-2 Blockchain
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Wyoming gears up to be the first state to issue its own cryptocurrency, while Sony Group unveils its Ethereum-based Layer-2 blockchain. Also, the shocking story of a cryptocurrency scam that sent a former bank CEO to prison, and Thailand extradites a Malaysian fugitive to China over a cryptocurrency scam. Sources: https://cowboystatedaily.com/2024/…
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Wyoming’s State-Backed Cryptocurrency, Crypto Donations in Politics, Extradition in $14bn Scam, and BXTEN’s CoinMarketCap Listing
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12:32
Wyoming plans to launch a state-backed cryptocurrency. Crypto firms flood PACs with donations. Thailand extradites a Malaysian fugitive involved in a $14bn cryptocurrency scam. BXTEN enters the top 50 ranking on CoinMarketCap. Join Simply Crypto for in-depth coverage of these stories and their implications for the financial industry and the future …
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BXTEN Enters Top 50 on CoinMarketCap, CCPO Takes Action Against Cryptocurrency Scams
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Global cryptocurrency exchange BXTEN officially listed on CoinMarketCap, instantly enters top 50 ranking. CCPO cracks down on cryptocurrency scams and unlawful activities. Plus, Donald Trump launches a cryptocurrency venture, and a woman charged with murder in an Old Montreal cryptocurrency kidnapping case. Sources: https://www.livebitcoinnews.com/…
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India Prepares for Cryptocurrency Regulation, Political Battle Over Crypto Support, McDonald’s Instagram Hacked for Crypto Scam, Filecoin’s Price Surges
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12:31
India is set to regulate cryptocurrencies as the government seeks public input. Senator Cynthia Lummis questions Kamala Harris' stance on the crypto industry. McDonald's Instagram account hacked for a cryptocurrency scam featuring Grimace. Filecoin's price increases over 3% within 24 hours. Stay informed on the latest developments in cryptocurrency…
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China’s Money Laundering Crackdown, Cryptocurrency Prices Dip, INJ Surges, and Innovative Crypto Investments
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China's crackdown on money laundering puts crypto investors and USDT traders at risk. Cryptocurrency prices experience a slight downturn. INJ cryptocurrency sees a significant surge. Plus, a new trend emerges in crypto investments combining Mpeppe with SirWin & Bitstarz. Stay informed about the evolving regulatory landscape, market fluctuations, an…
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Chinese Ethereum Surges, Manteca Mom Falls Victim to Scam, Ron Conway’s Split from Crypto Allies, and Bitcoin’s Post-Halving Bull Cycle
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11:49
Chinese Ethereum and 'Super' AI token emerge as the crypto market's best performers. A Manteca mom gets her money back after a cryptocurrency scam. Super-angel billionaire Ron Conway blindsided by crypto allies. Bitcoin, Ethereum, and Dogecoin advance along with stocks. Stay updated on the latest trends and developments in the cryptocurrency market…
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Turkey’s Crypto Boom, ’God Bless Bitcoin’ Documentary, Bollinger’s Views on Litecoin, and Solana’s Potential Surge
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10:42
Coinbase, KuCoin, and others join in Turkey's crypto license application. Explore the thought-provoking documentary 'God Bless Bitcoin' and its exploration of the intersection of cryptocurrency and religious values. Legendary trader John Bollinger ends speculations about Litecoin. Get an exciting update on Solana's recent volatility and the potenti…
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Trump’s Crypto Holdings and NFT Success, Nigerian Government Freezes Cryptocurrency
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Donald Trump owns at least $1 million in crypto and made millions from NFTs. The Nigerian government freezes $38M in cryptocurrency amid protests. Plus, the latest on Stellar's price decline and market dynamics. Sources: https://qz.com/donald-trump-bitcoin-crypto-holdings-ether-nfts-melania-1851623948 https://www.cryptotimes.io/2024/08/16/nigerian-…
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Trump’s Crypto Holdings and Pi Network’s Rise, Tatarstan’s First Crypto Exchange, Pune Trading Coach Robbed of Cryptocurrency
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Former President Donald Trump discloses over $1M in cryptocurrency holdings. Explore the rise of the Pi Network and its unique approach to mobile mining. Tatarstan joins the race to open Russia's first cryptocurrency exchange. Plus, a Pune trading coach is robbed of cryptocurrency worth Rs 16 lakh. Stay informed about the latest developments in the…
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Trump Organization Launches Cryptocurrency Initiative, GOP Upset with Crypto PAC
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12:38
The Trump Organization announces a cryptocurrency initiative, while Republicans express betrayal over a cryptocurrency PAC supporting Democrats. Also, Mastercard and MetaMask team up to launch a crypto-to-fiat card, and a coffee shop in Montgomery hosts a panel on cryptocurrency adoption. Sources: https://www.coindesk.com/policy/2024/08/14/trump-or…
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Advancements in RegTech and Hong Kong’s Cryptocurrency Regulations
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Coinbase resumes crypto services in Hawaii after a seven-year pause. Safeguards crucial as Hong Kong seeks a slice of the cryptocurrency pie. Plus, a cautionary tale of a Springdale man pleading guilty to a crypto scam. Stay informed about the latest developments in the cryptocurrency industry and the importance of regulatory measures. Sources: htt…
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SEC Charges NovaTech in Crypto Fraud, $10M Crypto Mistake Lands Enthusiast in Jail
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SEC alleges NovaTech ran a fraudulent crypto-centered scheme. A cryptocurrency enthusiast's spending spree after a $10M refund lands him in jail. Plus, a cryptocurrency platform diverts $13M to gambling sites and owner's accounts. Also, Zeus Network launches final testnet with 15K wallets connected in 72 hours. Sources: https://www.pymnts.com/crypt…
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Turkey’s Crypto Licensing Law, Michael Saylor on Bitcoin’s Flaw, Trump’s Plan to ’Take On’ Banks
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Turkey's Capital Markets Board lists 47 crypto providers awaiting licensing under new law. Michael Saylor breaks silence on the key flaw of Bitcoin. Plus, the 'incredible' Trump plan to 'take on' the banks revealed amid Bitcoin and crypto price surge. Sources: https://www.financemagnates.com/cryptocurrency/turkeys-cmb-lists-47-crypto-providers-awai…
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Bitcoin Wallet Surges with 94,700% Profit, NYC Body Shop Crypto Theft Indictment
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An ancient Bitcoin wallet revives with a staggering 94,700% profit, raising questions about the intentions of the whale behind it. Plus, an exclusive report on the indictment of seven individuals for stealing $300K in crypto from a NYC body shop owner. Stay informed about the latest developments in the cryptocurrency market and the risks associated…
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Authorities Recover Stolen Cryptocurrency, Ripple’s Cross-Border Business at Risk, Bitcoin’s Volatility Mirrors Stock Market
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Authorities return over $60K of cryptocurrency to CT resident who fell victim to phishing scam. Ripple's cross-border business could be collateral damage in SEC suit. Bitcoin briefly climbs to $61K then seesaws, mirroring stock market movements. Bitcoin bounces back above $60,000 as cryptocurrency's rise continues to end the week. Sources: https://…
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Binance Recovers Stolen Cryptocurrency, Russia Legalizes Mining, Bitcoin Rebounds to $60k
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8:37
Binance recovers $73 million in stolen cryptocurrency, marking a 33% increase. Russia legalizes cryptocurrency mining in a new law signed by Putin. Bitcoin rebounds to $60k as risk sentiment improves. Stay updated with the latest news and insights on cryptocurrency trading by joining Simply Crypto. Sources: https://www.financemagnates.com/cryptocur…
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Robinhood Beats Earnings with Surging Cryptocurrency Trading, FBI Warns of Scammers Targeting Crypto Community
10:29
10:29
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10:29
Surging cryptocurrency trading helps Robinhood beat earnings expectations. FBI issues alert, warning of scammers posing as crypto exchange employees to steal user funds. Plus, AI picks 3 cryptocurrencies to buy the dip in this crash. Join Simply Crypto for the latest news and insights on the evolving landscape of cryptocurrency trading and the pote…
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New Research Reveals Factors Driving Cryptocurrency Prices, Latam’s Growing Crypto Trading Levels
11:48
11:48
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11:48
A new research model sheds light on the drivers of cryptocurrency market prices, with a focus on bitcoin. Meanwhile, Latam is expected to more than double its crypto trading levels this year. Plus, Bitcoin slumps 10% and registers its heaviest weekly loss since 2022. Also, XRP and ADA price predictions after the cryptocurrency market crash. Sources…
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Crypto Market Plunges Amid Global Stock Market Selloff, Litecoin Falls 12%
12:01
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12:01
Crypto markets experience a significant downturn amidst a global stock market selloff. Bitcoin drops 11% in 24 hours, while Litecoin falls 12%. This article provides an analysis of the market crash and explores the factors behind the sudden drop. Stay informed about the current state of the cryptocurrency market and its potential impact on investor…
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