Russia Explores Bitcoin as a Strategic Financial Reserve Amid Economic Pressures
A Russian lawmaker has urged the country’s Finance Minister to investigate the possibility of establishing a strategic Bitcoin reserve. The proposal aims to provide Russia with an alternative financial safeguard amid the ongoing challenges posed by international sanctions, inflation, and currency volatility.
Crypto.com Eyes MENA Growth with Abu Dhabi Acquisition
Crypto.com has announced its acquisition of Orion Principals Limited, an Abu Dhabi-based brokerage firm licensed by the Abu Dhabi Global Market (ADGM).
HPMG-3071517729
HPMG is an unregulated financial services provider based in India. Established in 2008, HPMG offers a variety of investment services, including Equity & IPO trading, Derivatives trading, Portfolio Management Services and so on through four kinds of trading platform. Nevertheless, it is not a regulated broker.
Can Blockchain Technology Help Combat Fraud?
Fraud has long been a challenge across industries, leading to significant financial losses for businesses and individuals. With technological advancements, fraudulent activities have become increasingly complex. However, it is believed that blockchain technology offers a promising solution in the fight against fraud, providing enhanced security and transparency.
Is China Preparing to Build a Bitcoin Reserve?
Changpeng “CZ” Zhao, the former CEO of Binance, has raised intriguing possibilities about China's future engagement with Bitcoin. Speaking at the Bitcoin MENA conference in Abu Dhabi, Zhao suggested that smaller countries might pave the way in adopting Bitcoin as part of their national reserves. He indicated that larger nations, including China, could eventually follow suit.
Dogecoin or PropiChain: Which is The Next Big Bet in Crypto?
The cryptocurrency market is no stranger to speculation, and recent debates highlight a growing divide among investors. Dogecoin, a staple of the meme coin movement, is making waves with its recent price surge. On the other hand, PropiChain is gaining traction as an innovative blockchain project promising exponential returns. Both coins have their champions, but which one truly deserves attention as the next big opportunity?
FNX Markets-3041007228
FNX Markets is an unregulated brokerage company registered in the United Kingdom. While the broker's official website has been closed, so traders cannot obtain more security information.
DMM Bitcoin to Cease Operations Amid Asset Transfer to SBI VC Trade
DMM Bitcoin, a prominent cryptocurrency exchange in Japan and a subsidiary of the DMM.com Group, has announced plans to shut down its operations.
$30 Million Stolen in SOLANA Hack | Affecting Over 8,600 Wallets
A recent hack targeting the memecoin trading platform DEXX has led to a massive loss of $30 million. Security firm SlowMist has identified over 8,620 Solana wallets potentially linked to the incident, which affected at least 900 users.
Former Binance Executive Files Lawsuit Over Bribery Allegations & Unfair Dismissal
A former senior employee of Binance’s UK division, Amrita Srivastava, has initiated legal proceedings against the cryptocurrency exchange, alleging both bribery and wrongful termination.
Tether to Discontinue EURt Stablecoin Amid Regulatory Shifts in Europe
Tether, the issuer of the world’s largest stablecoin, USDt, has announced that it will cease support for its euro-pegged stablecoin, EURt (EURT), across all blockchains. Users are required to redeem their EURt holdings by 25 November 2025, following the company’s decision to phase out the token.
Gigamax Crypto Scheme Exposed: RM7.25 Million Lost, 11 Arrested
Malaysian authorities have arrested 11 individuals, including two women, in connection with the Gigamax cryptocurrency investment scheme, which allegedly defrauded investors of more than RM7.25 million
Elon Musk Warns of Imminent US Bankruptcy | Bitcoin Retreats from $100K
Elon Musk has issued a stark warning about the US's financial stability, suggesting that the country is heading toward bankruptcy "super-fast" unless drastic measures are taken. The billionaire's financial commentary comes amid Bitcoin's retreat from its anticipated $100,000 milestone. The cryptocurrency recently fell to just above $95,000, down from a high of $99,000.
FTX Sets March 2025 Timeline for Creditor Payouts: What It Means for Investors
The FTX bankruptcy estate has outlined a timeline for reimbursing creditors and customers, with initial payouts scheduled to begin in March 2025.
Coinbase Under Scrutiny Amid Wrapped Bitcoin Delisting Controversy
Coinbase has come under fire after announcing its decision to delist Wrapped Bitcoin (wBTC), a move critics claim could be driven by competitive interests. The delisting, set to take effect on 19 December, has sparked allegations of market manipulation and concerns about fairness in the cryptocurrency ecosystem.
Bitcoin Nears $100,000: A Triumph of Optimism or a Warning Sign?
Bitcoin’s meteoric rise continues to capture global attention as its price recently surpassed the $99,000 mark, briefly approaching the $100,000 milestone. This unprecedented rally has led market sentiment to reach a state of “extreme greed,” according to the Fear and Greed Index. Analysts suggest that the market may be entering overheated territory, raising questions about sustainability amidst ongoing enthusiasm.
FXOPAL-3108420355
FXOPAL is an unregulated trading platform. It provides trading on currency pairs, metals, CFDs, stocks, and cryptocurrencies with leverage up to 1:1000 and spread from 1.5 pips on the Basic account via the MT5 platform. Demo accounts are available and the minimum deposit requirement to open a live account is $100.
Richness Empire-3072646932
Richness Empire is a broker. The tradable instruments include forex, CFDs, gold, and precious metals. The broker also supports the MT5 trading platform to invest. The Richness Empire is still risky due to its unregulated status and inaccessible office website.
UK Sets Stage for Stablecoin Regulation and Staking Exemption
The United Kingdom is advancing its approach to cryptocurrency regulation with a specific focus on stablecoins and the potential exemption of staking services. British authorities are preparing new legislative measures to be implemented by December, aiming to bolster the nation’s appeal as a hub for digital asset innovation.
Crypto Scammer Pleads Guilty in $73 Million “Pig Butchering” Fraud
The scammer behind a $73 million pig butchering scheme has pleaded guilty to defrauding victims through fake cryptocurrency investments.
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