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JP Morgan: Institutions Are leaving Bitcoin for Ethereum- What are the reasons

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Institutional investors are on the road to quitting Bitcoin, says JP Morgan. Institutional investors are on the road to abandoning Bitcoin, opting for Ethereum, according to a report by us JP Morgan, which points out that this development was expected for a number of reasons. To start with, the investment bank prefers Ethereum as a …

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Adam Aron: AMC will accept three more cryptocurrencies in addition to Bitcoin

Adam Aron

AMC’s intention to accept three more cryptocurrencies for transactions with its customers by the end of the year was announced by the company’s CEO Adam Ayron, in a post on Twitter. After reminding consumers that AMC is already accepting bitcoin transactions for online ticket purchases and purchases from the company’s stores, Eron then informed the …

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Benoît Coeuré: Cryptocurrencies Are A threat To banks business models

Benoît Coeuré

Stable coins, cryptocurrencies, and the decentralized economy pose a direct threat to banks’ business models, according to the former Europe Central Bank governing council official and current Head of the BIS Innovation Hub Benoît Coeuré, during a speech at Eurofi on Friday, September 10. Therefore, he said, monetary authorities need to act quickly to develop …

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Cyprus: Mammoth-Heist of 35 Million Dollars Worth of Crypto

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A case of electronic fraud and theft of cryptocurrencies, worth millions of dollars, is being investigated by the Cypriot Police in Limassol. The case was reported yesterday to the Financial Crime Investigation Office by a 39-year-old, director of a Belgian technical services company. According to the 39-year-old’s complaint, on August 6, 2021, he received a …

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Honduras Gets Its First Bitcoin ATM Installed.

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The first Bitcoin ATM in Honduras began operations this week, with the aim of spreading cryptocurrencies in the Central American country. The ATM is located in an office tower in the country’s capital, Tegucigalpa, and is operated by the TGU Consulting Group. The ATM, called ”la bitcoinera”, allows citizens to purchase Bitcoin and Ethereum with …

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Hacker attack on Liquid exchange Results in $80 million Stolen Crypto

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The Japanese cryptocurrency exchange Liquid, was attacked by hackers with about 80 million dollars in digital assets being stolen from the platform. The exchange confirmed the security breach by tweeting that the addresses of the digital wallets were involved in the breach. The exchange noted that only warm wallets were affected, adding that assets are …

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France Approved the First ETF fund to invest in cryptocurrencies that meet EU Standards.

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Paris-based alternative investment manager Melanion Capital has received legal approval for an ETF that seeks to track the price of Bitcoin and which meets the European Union’s basic standards. The ETF meets the UCITS standard, an important benchmark for institutional investors, according to a company statement. The fund will invest in a “bouquet” of shares …

France Approved the First ETF fund to invest in cryptocurrencies that meet EU Standards. Read More »

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Ripple Strikes Huge Deal With Japan’s SBI Remit Driving XRP’s Price More Than 19%

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A+19% price jump marks Ripple’s XRP cryptocurrency, with the company announcing ODL in crypto-friendly Japan. US blockchain company Ripple has announced a new partnership with Japan’s largest money transfer provider SBI Remit, mobile payment service Coins.ph, and digital asset exchange platform SBI VC Trade to convert remittance payments from Japan to the Philippines. As the …

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LemonDuck malware targets Windows and Linux systems To Mine Cryptocurrencies

lemonduck malware

LemonDuck is a malware associated with the cryptocurrency mining process that hits Linux and Windows systems. The ways this particular malware spreads are many and varied, so attention needs to be paid. LemonDuck malware can infect both a Windows-based computer and a Linux PC. It was discovered as a risk arising from users who wanted …

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Iran: Scammers use SpaceX’s Starlink to trick users

Screenshot of fake Iranian Starlink Website

The site asks users in Iran to pay via Bitcoin to access SpaceX Starlink’s satellite internet. Desperate to get Starlink? Beware of fake websites pretending to offer the service. The huge demand for SpaceX’s satellite internet system is starting to attract scammers who want to take advantage of the need for high-speed internet. A website …

Iran: Scammers use SpaceX’s Starlink to trick users Read More »

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