Category: faces
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SOL dips, TON faces latest hurdle as DTX Exchange sees investor interest
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. With Bitcoin price falling below $60,000 and altcoins like Solana and Toncoin struggling, DTX exchange has gained momentum, surpassing $2 million in pre-sale funding. The cryptocurrency market saw a slight…
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Expert Warns Ethereum Faces A ‘Slow And Painful Death’
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Joe Consorti, analyst at The Bitcoin Layer and advisor to the self-custodial app Theya, released A scathing critique of Ethereum’s future compared to Bitcoin, highlighting why he believes Ethereum is facing a “slow and painful death.” His analysis, published on X and titled “The Slow and Painful Death of Ethereum,”…
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OpenSea Faces SEC Wells Notice Over NFT Classification As ‘Securities’
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On Wednesday, OpenSea, the largest marketplace for non-fungible tokens (NFTs), received a Wells notice from the U.S. Securities and Exchange Commission (SEC), indicating the regulator’s intent to take potential legal action, asserting that NFTs traded on the platform could be classified as securities. CEO Devin Finzer Responds to SEC Notice…
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Telegram Faces Indian Probe Following Durov’s Arrest In France: TON Plummets 20%
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The Indian government has launched an investigation into the social media app Telegram over concerns it could be used for criminal activities such as extortion and gambling. The probe follows the arrest of the app’s CEO Pavel Durov in France over the weekend. Telegram faces possible ban in India According…
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Telegram Faces Indian Probe Following Durov’s Arrest In France: TON Plummets 20%
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The Indian government has launched an investigation into the social media app Telegram over concerns it could be used for criminal activities such as extortion and gambling. The probe follows the arrest of the app’s CEO Pavel Durov in France over the weekend. Telegram faces possible ban in India According…
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BNB Price Faces Challenges: Will It Hold $550 and Bounce Back?
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BNB price struggles to stay above Support area is $550. The price may start rising again if it breaks the resistance area of $560. BNB price started a fresh decline from the $592 resistance area. The price is now trading below the $565 level and the 100-hour simple moving average.…
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Bitcoin Price Faces Challenge at $65K: Can It Break Through?
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Bitcoin price gained momentum and tested the $65,000 resistance level. Bitcoin must clear the $65,000 level to continue rising in the near term. Bitcoin has started a steady rise above the $63,000 area. The price is trading above $63,500 and the 100-hour simple moving average. A major bullish trend line…
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Bitcoin Faces Pivotal Test As Bulls Aim To Reclaim Key Support
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The world’s largest cryptocurrency, Bitcoin (BTC), has struggled to maintain a foothold above the critical $60,000 price level in recent trading sessions, as the digital asset finds itself caught in a tug-of-war between bullish and bearish forces. After recovering from Drop below $49,000 Earlier this month, Bitcoin was hovering around…
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Australia’s ASX Faces Lawsuit Over ‘Misleading’ Blockchain Project Claims—Details
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A press release Reports published earlier today by the Australian Securities and Investments Commission (ASIC) revealed that the country’s largest stock market operator, ASX Limited, is now facing legal challenges following the operator’s alleged misleading statements about its temporarily suspended blockchain project. The project was originally set to revamp the…
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Australia’s ASX Faces Lawsuit Over ‘Misleading’ Blockchain Project Claims—Details
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A press release Reports published earlier today by the Australian Securities and Investments Commission (ASIC) revealed that the country’s largest stock market operator, ASX Limited, is now facing legal challenges following the operator’s alleged misleading statements about its temporarily suspended blockchain project. The project was originally set to revamp the…
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BeautyHealth faces headwinds, focuses on turnaround By Investing.com
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During The Beauty Health Company’s (ticker: SKIN) second quarter 2024 earnings call, CEO Marla Beck provided an overview of the company’s financial performance, highlighting a 23% year-over-year decline in revenue to $91 million, and outlined strategic initiatives to improve business prospects. Despite the downturn, driven by slower device sales and…
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Asia FX firms on positive US, China readings; yen faces renewed pressure By Investing.com
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Most Asian currencies rose on Friday as positive economic readings from the United States and China helped ease recession fears, although improved risk appetite put renewed pressure on the Japanese yen. The dollar found some strength thanks to better-than-expected labor market data, although any major advance in the greenback was…
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Donald Trump’s Proposal For A National Bitcoin Stockpile Faces Backlash From Prosecutors
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In a long-awaited move that has angered crypto investors, former President Donald Trump has proposed creating a national reserve of bitcoin if he is re-elected to the White House in November 2024. Trump’s Plan to Create National Bitcoin Reserve Faces Backlash At the Bitcoin 2024 conference on July 27, Trump…
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Donald Trump’s Proposal For A National Bitcoin Stockpile Faces Backlash From Prosecutors
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In a long-awaited move that has angered crypto investors, former President Donald Trump has proposed creating a national reserve of bitcoin if he is re-elected to the White House in November 2024. Trump’s Plan to Create National Bitcoin Reserve Faces Backlash At the Bitcoin 2024 conference on July 27, Trump…
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Binance Faces $86 Million Tax Penalty In India
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Image: milkroad.com In a significant development that has sent shockwaves through the cryptocurrency world, Binance, the world’s largest digital asset exchange, has been hit with a $86 million tax back order from Indian authorities. The landmark move by India’s Directorate General of Goods and Services Tax Intelligence not only highlights…
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NHS IT firm faces £6m fine over medical records hack
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A software provider is facing a potential £6m fine following a 2022 ransomware attack that disrupted NHS and social care services across England. The Information Commissioner’s Office (ICO) has provisionally concluded that Advanced Computer Software Group did not implement adequate measures to protect the personal data of 82,946 people affected…
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XRP Faces Bearish Pressure After Crashing Critical Support, Eyes $0.4663
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XRP price has recently seen significant bearish momentum, breaking through a crucial support level at $0.5724. With the cryptocurrency breaking through the key support level, it signals a major shift in the market. feelingsraising concerns that the downward trend could continue. This breakout suggests that selling pressure is building up…
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Guild Esports, backed by David Beckham, faces financial crisis after burning through £26.6M
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Guild Esports, a gaming group backed by David Beckham, is on the verge of collapse less than four years after its high-profile listing on the London Stock Exchange. The company, which competes in video game tournaments on titles such as Fortnite and Tekken, has warned shareholders of its dire financial…
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Telegram’s gaming scene faces a hiccup as Catizen and Hamster Kombat delay their token drops
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With Catizen and Hamster Kombat failing to meet their airdrop deadlines, what are the underlying issues causing these delays? Lately, there has been a lot of buzz in the Telegram gaming community about two highly anticipated air currencies: CATI from the puzzle game Catizen and HMSTR from the clicker-to-earn (T2E)…