Author: Oscar
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Revolut Enhances Crypto Fraud Protections With Advanced Security Measures
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Fintech giant Revolut is set to launch enhanced fraud protection for crypto users with the rollout of Revolut Pay’s advanced security features in early 2025. This development promises a safer payment ecosystem for crypto transactions, reducing exposure to fraudulent attacks and scams. Addressing Limited Protections in Crypto Payments Currently, crypto users face heightened risks due…
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Crypto Investment Products Hit 10th Week of Inflows
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Crypto investment products have marked a milestone, recording their 10th consecutive week of inflows, with a total of $3.2 billion added in the trading week of December 9–13. The surge highlights strong investor sentiment as Bitcoin hits new highs and Ethereum-based products gain traction. $3.2 Billion Inflows Amid Bitcoin’s Rally Digital asset investment products recorded…
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Bitcoin Surges Past $106K, Outpaces Gold with Unmatched Purchasing Power
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Bitcoin has achieved another historic milestone, soaring past $106,000 per coin and reaching unprecedented purchasing power relative to gold. The Bitcoin-to-gold ratio, a key metric comparing Bitcoin’s value to that of gold, hit an all-time high of 40 ounces of gold per Bitcoin. Bitcoin-to-Gold Ratio Hits Record High Veteran trader Peter Brandt highlighted this milestone,…
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Trump’s Crypto Portfolio: TROG Surpasses Ethereum
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Donald Trump’s cryptocurrency portfolio has taken an unexpected turn, with TROG emerging as his largest digital asset, surpassing Ethereum. Recent data from Arkham Intelligence reveals the former U.S. President holds $8.1 million in cryptocurrencies, with TROG dominating at 27% of his holdings. TROG Leads Trump’s Crypto Investments TROG, a meme coin inspired by Trump himself,…
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Push Protocol Unveils Push Chain: Revolutionising Web3 Notifications
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Push Protocol, the blockchain-based notifications pioneer, is launching Push Chain, a dedicated Layer 1 blockchain designed to unify and enhance web3 experiences. This strategic move aims to address fragmented user experiences and scalability challenges, paving the way for seamless cross-network applications. From Communication Protocol to Layer 1 Chain Push Protocol, previously focused on enabling cross-chain…
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Crypto Trading Skyrockets Post-Elections, Hits New Milestones
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November witnessed a remarkable surge in crypto trading, driven by renewed investor enthusiasm following the U.S. general elections. Centralised exchanges and derivatives platforms reported record-breaking growth, signaling a bullish shift in the market. Spot Trading Volume Soars Crypto spot trading volume surged by 141% in November, with South Korea’s Upbit leading the charge with a…
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Crypto.com Joins Forces with Deutsche Bank to Expand Banking Capabilities
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Crypto.com, a leading cryptocurrency exchange, has announced a strategic partnership with Deutsche Bank, Germany’s largest financial institution and a global corporate banking leader. This collaboration aims to bolster Crypto.com’s corporate banking capabilities across key markets such as Singapore, Australia, and Hong Kong, positioning the platform for continued international growth. Commitment to Security and Innovation Karl…
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Tether’s USDT Gains Approval as Virtual Asset in Abu Dhabi
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Abu Dhabi Global Market (ADGM) has officially recognized Tether’s USDT as an Accepted Virtual Asset (AVA), marking a significant milestone in the integration of stablecoins into regulated financial ecosystems. USDT Approved for Financial Services The Financial Services Regulatory Authority (FSRA) of ADGM announced that licensed financial service providers in the region can now offer services…
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Crypto Market in Turmoil as XRP Drops 12% and $1 Trillion Wiped Out
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The cryptocurrency market faced a severe downturn this week, with top tokens recording substantial losses and over $1 trillion in value erased within 24 hours. Here’s a breakdown of the developments: XRP, DOGE, and ADA Take a Hit Ripple-affiliated XRP plunged 12%, hitting an intraday low of $2.07. Dogecoin (DOGE) and Cardano (ADA) also tumbled,…
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South Korean Markets Reel Amid Political Chaos
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South Korea faces heightened market volatility as a deepening political crisis shakes investor confidence. Stocks and the won have nosedived, exacerbated by recent events tied to embattled President Yoon Suk Yeol. Kospi and Won Under Pressure The Kospi Index tumbled 2.8%, while the Kosdaq dropped over 5%, marking its lowest point since April 2020. Meanwhile,…