Author: bitlyfool
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US Authorities Are Going After These Crypto Entities
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Over time, the US government, through its regulatory agencies, has filed cases against several cryptocurrency companies, demanding compliance for their products and services. Although the list is extensive, some cases have stood out, such as lawsuits against decentralized protocols like Uniswap, cryptocurrency mixing platforms like Tornado Cash, and major corporations…
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Factbox-Details of the humanitarian crisis in Gaza By Reuters
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(Reuters) – The Gaza Strip has been suffering from an ongoing humanitarian catastrophe for nearly seven months since Israel launched a devastating offensive in response to the Hamas-led attacks on October 7 that killed 1,200 people in Israel. More than 34,600 people were killed in the Israeli offensive that destroyed…
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AppLayer Unveils Fastest EVM Network and $1.5M Network Incentive Program
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AppLayer has unveiled the fastest, most powerful infrastructure for scaling applications based on Ethereum, a cutting-edge blockchain that not only delivers ultra-fast transaction speeds, but also introduces a new approach to Ethereum Virtual Machine (EVM) development for both DeFi and GameFi developers. . AppLayer delivers an EVM network that is…
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Bitfinex CTO Dispels FUD, Refutes Data Breach By Ransomware Group
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In an interesting turn of events, Paolo Ardoino, Bitfinex’s chief technology officer, denied rumors about the exchange being involved in a large-scale data breach. This came in response to allegations of a major security breach by hacking group FSOCIETY just over a week ago. On April 26, FSOCIETY claimed on…
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Is It Time to Buy April’s Worst-Performing Dow Jones Stocks?
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Last month wasn’t great for the overall stock market, but it was very bad for a few blue-chip stocks. Most investors realize that big declines can be buying opportunities, but they should also recognize when jumping into a distressed stock is a bad idea. The current weakness of stocks may…
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Mexico peso to navigate between firm economy and political doubts: Reuters poll By Reuters
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Written by Gabriel Borin BUENOS AIRES (Reuters) – A Reuters poll of foreign exchange experts showed that the Mexican peso is set to navigate between a relatively strong economy on the one hand and some political uncertainties on the other, with a slight decline in the value of the currency…
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Bitcoin Price Could Fall to $50,000: Standard Chartered
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Global major bank Standard Chartered believes that the price of Bitcoin could see a further decline to around $50,000, according to recent comments. said Jeffrey Kendrick, Head of Foreign Exchange and Digital Assets Research at Standard Chartered Bank Bloc: “BTC’s proper break below $60,000 has now reopened the way to…
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Gen Z are shunning college to launch trade businesses and take apprenticeships
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Chase Gallagher was 12 years old when he started mowing his neighbor’s lawn for $35 apiece. At first, he had just two clients, but after some aggressive postings — with the help of his mother — he had 10 clients a week the following year. Now 23, he is part…
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Iraq and Kazakhstan pledge to make up for OPEC quota overproduction before year end
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or all…
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Uniswap Founder Shares His Two Cents On Good Token Distributions
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Hayden Adams, founder of the Uniswap protocol, shared his opinion on what makes a good distribution or token offering. In a recent post on Platform Uniswap founder gives an opinion on good token distributions Adams began his view on good token allocations by saying that projects should allocate “tokens, not…
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StanChart dividend yield up to 17pc as bank stocks drop
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Standard Chartered Bank Kenya’s dividend yield rose to 17 percent, as most banks’ share prices fell after closing the final dividend books. Dividend yield shows the rate of cash return by comparing dividends against the current share price, with declining share prices benefiting income-focused investors in companies that maintain or…
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Wall Street Deep Dive into Darden Restaurants By Investing.com
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Market performance and industry trends Darden Restaurants (NYSE:), owner of popular dining brands like Olive Garden and LongHorn Steakhouse, continues to attract attention on Wall Street with its financial performance. The restaurant industry originally expected a +17% increase in the sector for the fourth quarter, and saw a revised average…
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Tether’s Record-breaking $4.5 Billion Profit From US Treasuries
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In innovative quarter l Tether, the main source of stablecoin, The company reported net income of $4.5 billion, driven largely by its extensive holdings of U.S. Treasury securities. This achievement strengthens the company’s position as a major player in the cryptocurrency market and underscores the growing importance of stablecoins as…
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Avoid risky get rich schemes with wealth management planning
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We’re all familiar with get-rich-quick opportunities: the promise of a quick fortune often sounds too good to be true, but many people buy into it anyway. Ponzi schemes, pyramid schemes; Whatever the description, these investment programs carry significant risks, even if they are not readily apparent. The term “get rich…
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Dollar drops as employers add fewer jobs than expected in April By Reuters
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Written by Karen Brettell NEW YORK (Reuters) – The dollar fell to a three-week low against the yen on Friday after data showed U.S. job growth slowed more than expected in April and annual wage gains slowed, raising bets that the Federal Reserve (the U.S. central bank) will cut… Interest…
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Securitize, Agora, Moso, Hinkal, X10 score funds
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Cryptocurrency companies ended the week with around $62 million in venture capital (VC) raised from various companies, including BlackRock. Securitize receives $47 million Securitize, a leading digital asset securities company, has withdrawn most of the funds raised over the past few days. The company closed a major funding round on…
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Crisis in Palestinian-Run West Bank Clouds Post-War Gaza Hopes
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Breadcrumb links BMN Business The new Palestinian prime minister is a former World Bank executive and has pledged to fight corruption and waste. The Finance Minister worked for PricewaterhouseCoopers. The Ministry of Foreign Affairs is headed by a woman who holds an American doctorate and has deep experience in the…
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Fed’s Goolsbee: Jobs reports like this will give us confidence the economy not overheating
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The more jobs reports you get this way, the more confident we are that the economy isn’t overheating A bump in inflation hit at the beginning of the year The more we see jobs reports that look like pre-Covid, the more confidence there will be that the economy is not…
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New York Resident Charged in $43 Million Crypto-Related Ponzi Scheme
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A New York court and the Federal Bureau of Investigation (FBI) unsealed an indictment against Eden Dalbor. The 39-year-old New York resident was accused of organizing a sophisticated Ponzi scheme that allegedly defrauded investors out of $43 million. $43 million Ponzi scheme According to the IndictmentHe ran the Ponzi scheme…
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Israeli startups raised over $1b in April
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In the first four months of 2024, Israeli startups raised $2.6 billion. Despite the war and the Easter holiday, Israeli startups raised more than $1 billion in April 2024, according to press releases seen by Globes. The number may be higher because some companies prefer to remain hidden and sometimes…