Author: Oscar
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Trump’s $TRUMP Token Revival: From Memecoin to Political Stage
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The $TRUMP token, once a fading memecoin, has returned to the spotlight—this time with a dash of presidential glamour. Former U.S. President Donald Trump has breathed new life into the token through an exclusive, headline-grabbing event that has crypto circles buzzing and critics raising eyebrows. Dinner with Trump: The Ultimate Crypto Utility? In a bold…
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Russia’s Crypto Exchange Plan: A Gateway for Elite Investors
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Russia is stepping into the regulated crypto space with plans to launch a state-run cryptocurrency exchange tailored for “super-qualified investors.” The initiative, revealed by Finance Minister Anton Siluanov, aims to legalise digital asset transactions under the country’s experimental legal regime (ELR). A Regulated Exchange for Elite Investors The proposed crypto exchange will cater exclusively to…
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PayPal Shakes Up Stablecoin Market with PYUSD Rewards
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PayPal is making waves in the stablecoin sector by offering 3.7% annual interest rewards for holders of its PYUSD stablecoin. The initiative, announced on April 23, is set to launch this summer, marking a significant step in integrating digital assets into everyday financial activities. Introducing PYUSD Rewards PYUSD, launched in 2023, is a US dollar-backed…
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Ramil Palafox Faces $198M Crypto Fraud Allegations
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The US Securities and Exchange Commission (SEC) has accused Ramil Palafox, founder of PGI Global, of orchestrating a $198 million crypto fraud scheme. Lavish spending, false promises, and widespread investor losses are at the centre of the scandal that unfolded between 2020 and 2021. Fraudulent Scheme Behind PGI Global According to the SEC, PGI Global…
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Ripple’s XRP Ledger Hit by Supply Chain Attack: Funds at Risk
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A critical security breach has rocked Ripple’s XRP Ledger (XRPL) blockchain, potentially exposing users to significant losses. The attack highlights vulnerabilities in blockchain ecosystems and raises questions about Ripple’s security practices. Malicious Code Compromises XRPL Software On Monday evening, a hacker infiltrated the XRPL node package manager, a vital piece of software for developers using…
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Bitcoin Nears $90K: Will Bulls Break Through?
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Bitcoin’s rally to $89,000 has reignited market optimism, but stiff resistance at $90,000 poses a challenge for the cryptocurrency’s upward momentum. Analysts highlight key price levels and market behaviour that will determine the next move. Bitcoin Rallies to $89K, Faces Resistance Bitcoin surged past $89,000 on April 22, reaching its highest level since early March.…
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Crypto Casinos Generate $81B in 2024 Despite Global Bans
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Crypto casinos have seen a surge in popularity, with revenue reaching an impressive $81.4 billion in 2024, according to a report by Yield Sec. This growth comes despite ongoing restrictions in key markets like the US, UK, EU, and China, where access to these platforms is blocked. Here’s a breakdown of the booming crypto casino…
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Crypto Highlights Today: Bitcoin Payments, DeFi in Yemen, and Trump vs. Powell
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The cryptocurrency world continues to evolve, from expanding Bitcoin adoption in Switzerland to the increasing reliance on DeFi in Yemen amid sanctions, and political drama surrounding the US Federal Reserve. Here’s what made headlines today: Spar in Switzerland Accepts Bitcoin Payments A Spar supermarket in Zug, Switzerland, has become a pioneer by accepting Bitcoin payments…
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EigenLayer Activates Slashing, Fulfils Its Restaking Promise
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A year after revolutionising Ethereum’s staking model, EigenLayer has introduced slashing, a long-awaited feature that brings accountability and security to its $7 billion restaking protocol. This move marks the completion of its original vision and aims to silence critics who questioned its lack of enforcement mechanisms. Restaking’s Missing Piece Arrives EigenLayer enables Ethereum users to…
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India Urged to Build $10B Crypto Reserve Featuring XRP and Bitcoin
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India is being encouraged to join the global crypto reserve trend. Financial expert Aravind has called on the Reserve Bank of India (RBI) to allocate $10 billion of the country’s foreign exchange reserves into major digital assets, including Bitcoin (BTC) and XRP, echoing a similar move by the United States. A Strategic Shift in Reserve…