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Markets in Freefall: US Stocks Plummet and Crypto Crashes After Shocking Jobs Report

Following a heinous jobs report, questions are arising about whether the United States will experience a soft landing or if a full-fledged recession is on the horizon. All five major…

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State Duma Financial Market Committee Leader Envisions Bitcoin and Digital Ruble Exchanges

Anatoly Aksakov, chairman of the Financial Market Committee of the State Duma, the Russian equivalent to the U.S. House of Representatives, has predicted that bitcoin and digital ruble exchanges will…

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DOJ Launches Whistleblower Awards Program to Tackle Crypto Crimes

The U.S. Department of Justice (DOJ) has initiated a Corporate Whistleblower Awards Pilot Program to encourage reporting of corporate criminal activities. This three-year program targets financial institutions, including cryptocurrency businesses,…

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El Salvador’s Chivo Wallet Has Not Presented Any Financial Balances Since Its Creation

Chivo Wallet, the official Bitcoin wallet of the Salvadoran government, has been operating without presenting any of its financial balances to the National Registry Center (CNR). While Chivo is a…

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Gold Breaks $2,500 per Ounce, Reaching Historic Highs Powered by Fed’s Decision and Geopolitical Risks

Gold prices reached historic highs on August 1, breaking the $2,500 mark on the New York Comex exchange. The precious metal reached a price of $2,502.6 for the first time…

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Polymarket $3.8 Million Venezuelan Presidential Election Bet Still Undecided

Polymarket, the cryptocurrency-based prediction markets platform, has not been able to resolve the bet on the outcome of the Venezuelan presidential election. While the country’s electoral authority, the Electoral National…

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Bahamas Enacts Digital Assets and Registered Exchanges Act

The Bahamas has enacted the Digital Assets and Registered Exchanges Act, 2024 (DARE 2024), establishing itself as a leader in digital asset regulation. Announced by the Securities Commission, DARE 2024…

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Hong Kong’s Largest Online Broker Launches Retail Crypto Trading for 22 Million Users

Futu Securities International, Hong Kong’s largest online broker with 21.64 million users, has launched retail cryptocurrency trading. Hong Kong residents can now trade bitcoin and ether in either Hong Kong…

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