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FBI Warns of Crypto Scams in Fake Work-From-Home Jobs

The U.S. Federal Bureau of Investigation (FBI) issued an alert on June 4, highlighting a surge in cryptocurrency-related fraud involving bogus work-from-home opportunities. Scammers impersonate legitimate businesses and lure individuals…

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39% of Family Offices Investing or Exploring Cryptocurrencies: BNY Mellon

The 2024 BNY Mellon Wealth Management Study reveals a divided perspective among family offices regarding cryptocurrency investments. Approximately 39% of the surveyed family offices are either actively investing in cryptocurrencies…

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Tether CEO Advises Caution Over Suspicious Airdrop Emails Citing Compromised Mailing List Vendor

Paolo Ardoino of Tether and Bobby Ong of Coingecko have warned of a potential supply chain attack on the crypto industry. They reported that a prominent vendor managing mailing lists…

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Ripple President Says SEC on ‘Warpath’ With Crypto Industry

The president of Ripple Labs has criticized the U.S. Securities and Exchange Commission (SEC)’s approach to regulating the crypto sector, emphasizing that the regulator is on a “warpath” with the…

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Mike Novogratz Expects Bitcoin to Hit $100K by Year-End as US Political Support for Crypto Grows

Galaxy Digital CEO Mike Novogratz predicts bitcoin could hit $100,000 by year-end, citing a positive U.S. political environment for digital assets. He highlighted growing optimism for cryptocurrencies and progress on…

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Ahead of Ether ETFs Debut, Bitmex Introduces 200x Leverage for Ethereum

On June 5, 2024, the crypto derivatives exchange Bitmex announced it is offering 200x leverage for ethereum perpetuals ahead of the U.S. ether exchange-traded funds (ETFs) trading debut. Bitmex Ramps…

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Analysts Bullish on Bitcoin: QCP Capital Foresees New All-Time Highs in June

Singapore-based QCP Capital indicates that bitcoin could potentially exceed its all-time high of $73,794 this month by crossing the $74,000 threshold. The signals QCP emphasized were derived from bitcoin call…

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SEC Commissioner Advocates for Withdrawal of SAB 121 — Says Biden’s Veto Was Unfortunate

U.S. Securities and Exchange Commission (SEC) Commissioner Mark Uyeda advocates for the withdrawal of Staff Accounting Bulletin 121 (SAB 121), which sets guidelines for accounting crypto liabilities. He argues that…

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Coinbase Launches ‘Smart Wallets’ in Bid to Simplify Crypto Onboarding

Coinbase has introduced “smart wallets,” aimed at easing the entry into blockchain activities by eliminating complex processes and high fees associated with traditional crypto wallets. This new offering seeks to…

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