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The European Central Bank (ECB) has once again spotlighted Bitcoin in its latest publication, underscoring the cryptocurrency's inefficiencies as a payment solution. The report highlights that the only fuel for the speculative bubble in the market is the influx of new capital, casting a critical eye on Bitcoin's role and

In a significant security breach, the decentralized cryptocurrency exchange FixedFloat has fallen victim to a hack, resulting in a substantial loss of $26 million in crypto assets. The incident has temporarily rendered the service inaccessible as the project team works diligently to address the vulnerability and restore normal operations. This

The world of cryptocurrencies is often rife with legal battles and regulatory challenges, and the latest skirmish involves Digital Currency Group (DCG) filing a protest against the bankruptcy plan proposed by its subsidiary, Genesis. According to a report by Reuters, DCG has taken issue with Genesis' proposal, claiming that it

In the fast-paced world of cryptocurrency exchanges, maintaining integrity and trust within the community is paramount. Recently, Binance, one of the leading global cryptocurrency exchanges, faced a significant challenge when rumors surfaced regarding the listing of the Ronin token (RON) and the subsequent price drop it experienced post-listing. Yi He,

In an ambitious move to re-enter the UK market, Binance, the world's leading cryptocurrency exchange, has faced significant regulatory hurdles. Media reports have highlighted the company's efforts to navigate the complex landscape of financial regulation overseen by the UK's Financial Conduct Authority (FCA). Despite reaching out to at least three

In a groundbreaking financial reveal, Tether, the issuer of the widely-used stablecoin USDT, disclosed an impressive $2.85 billion net profit for the fourth quarter of 2023. The company's financial success didn't just stop there; over the entire year, Tether achieved a net profit of $6.2 billion, underscoring its