Author name: Nisha

Celsius Executes $125 Million Transfer to Crypto Exchanges in Repayment Drive

Celsius Executes $125 Million Transfer to Crypto Exchanges in Repayment Drive

Bankrupt lending firm Celsius has transferred over $125 million worth of its Ether to crypto exchanges in the past week as part of its initiative to repay creditors. The move follows that of FTX and Alameda Research, which also resumed funds transfer earlier this month. From January 8 to January 12, $95.5 million was moved […]

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Redditor Claims To Have Built a Trading Bot That Earns Bitcoin Automatically – But Does It Really Work?

Redditor Claims To Have Built a Trading Bot That Earns Bitcoin Automatically – But Does It Really Work?

Last updated: January 15, 2024 00:16 EST | 2 min read A Redditor’s claim about a Bitcoin trading system that earns Bitcoin through calendar trading has sparked debate within the crypto community. Image by Kerem Goktug Kaya, DALL-E 3. A recent Reddit post has ignited heated debate within the r/CryptoCurrency community, drawing both intrigue and

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GameStop Retreats from Crypto Space, Shuts Down NFT Marketplace Amid Regulatory Hurdles

GameStop Retreats from Crypto Space, Shuts Down NFT Marketplace Amid Regulatory Hurdles

Last updated: January 14, 2024 04:00 EST | 2 min read Source: AdobeStock / JHVEPhoto GameStop has decided to shut down its NFT marketplace, signaling its withdrawal from the cryptocurrency space. The announcement, made via a statement on the platform, cites “the continuing regulatory uncertainty of the crypto space” as the primary reason behind this

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The Future of AI is Here and Now: Creed&Bear CTO Flavio Villa

The Future of AI is Here and Now: Creed&Bear CTO Flavio Villa

The past couple of years have witnessed the cropping up of AI solutions across various sectors. Businesses have been leveraging AI tools to reduce costs, increase efficiency, and occasionally improve bottom lines. In a survey Forbes ran on the application of AI in the workforce, a whopping 64% of respondents anticipate that AI will improve

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Genesis Global Trading Settles with NYDFS for $8 Million Over Compliance Failings

Genesis Global Trading Settles with NYDFS for $8 Million Over Compliance Failings

Digital Currency Group (DCG) subsidiary – Genesis Global Trading – reached a settlement with the New York Department of Financial Services (NYDFS) on January 12th. Genesis will pay an $8 million penalty after an agency’s investigation found significant failings in anti-money laundering and cybersecurity programs. NYDFS said the compliance failures left the company vulnerable to

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Major Increase in Shiba Inu (SHIB) Burn Rate Today

Major Increase in Shiba Inu (SHIB) Burn Rate Today

TL;DR Shiba Inu’s burn rate has significantly increased, contributing to a reduction in SHIB’s circulating supply. The price of Shiba Inu has shown an uptrend, with a 5% increase on a weekly basis. The development of the layer-2 blockchain solution Shibarium is also worth observing. The Latest Burn The second-largest memecoin by market capitalization –

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Navigating Spot Bitcoin ETFs in the US: What You Need To Know

Navigating Spot Bitcoin ETFs in the US: What You Need To Know

Last updated: January 12, 2024 00:47 EST | 7 min read Source: AdobestockIn 2013 an entity affiliated with the Winklevoss twins sent the first application to The United States Securities and Exchange Commission (SEC) to create a spot Bitcoin (BTC) exchange-traded fund (ETF). The SEC officially approved spot Bitcoin ETFs on Jan. 10 this year.

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Market Watchers are Accumulating This Little-Known AI Crypto – Here’s Why

Market Watchers are Accumulating This Little-Known AI Crypto – Here’s Why

Last updated: January 11, 2024 22:59 EST | 2 min read Launchpad XYZ will use AI tools to rank and analyze digital assets for crypto traders after its ongoing $LPX presale period. Image by Supatman, Adobe Stock. Launchpad XYZ leaned into AI to build crypto trading tools before launching its native token $LPX, an AI

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Robinhood Plans to List Spot Bitcoin ETFs ‘ASAP’

Robinhood Plans to List Spot Bitcoin ETFs ‘ASAP’

Robinhood CEO Vlad Tenev announced today that the company would list Bitcoin ETFs on its platform. The statement follows the landmark decision by the Securities and Exchange Commission (SEC) approving spot Bitcoin ETFs. SEC’s Approval to Integrate Crypto with Traditional Finance “We’ve been ahead of the curve in crypto access, and we plan to list

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Vitalik Buterin Advocates for a 33% Gas Limit Increase for Ethereum

Vitalik Buterin Advocates for a 33% Gas Limit Increase for Ethereum

During a recent Reddit Ask Me Anything (AMA) event organized by the Ethereum Foundation’s research team, the protocol’s co-founder Vitalik Buterin suggested a “modest” increase in its gas limit to improve network throughput. Buterin noted that the gas limit has not been increased for nearly three years, marking the longest period in the protocol’s history.

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