Okx Ceases Crypto Trading Services in Hong Kong — Users Advised to Withdraw Assets
Bitcoin.com
by Bitcoin.com
15m ago
Cryptocurrency exchange Okx has decided to withdraw its virtual asset service provider (VASP) license application in Hong Kong. As a result, Okx will stop offering centralized virtual asset trading services to Hong Kong residents by May 31, 2024. The exchange stressed that customer funds remain secure, and withdrawal services will continue unaffected. Okx’s web3 (self-hosted ..read more
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Join Bitcoin BuildCon Online Conference: Don’t Miss Out on Shaping the Future of Bitcoin
Bitcoin.com
by Media
15m ago
PRESS RELEASE. Date: 27th May 2024 Time: 17:00 UTC Location: Online Bitcoin BuildCon’s main objective is to help builders onboard in the current landscape of BTC development, providing them with insights from key players in the industry. How to get into the new wave of Bitcoin projects, where to deploy, and how to get funded ..read more
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Ethereum Dominates NFT Sales Despite Overall Market Drop
Bitcoin.com
by Jamie Redman
15m ago
Over the past week, non-fungible token (NFT) sales declined by 8.99%, amounting to approximately $137 million. Ethereum topped the charts with $43 million in sales, marking a 20.26% increase from the previous week. NFT Market Shrinks by 8.99%, Ethereum and Bitcoin Lead in Sales NFT sales experienced a decline this week, falling by 8.99% compared ..read more
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UK Sentences Woman to Prison for Laundering Bitcoin After Police Seize 61K BTC
Bitcoin.com
by Kevin Helms
3h ago
A woman has been sentenced to nearly seven years in prison for laundering bitcoin tied to a £5 billion fraud in China. Authorities seized over 61,000 bitcoin during their investigation, now worth over $4 billion. The woman denied all charges, claiming she was manipulated by a “mastermind.” 61K Bitcoin Seizure Leads to Jail Sentence A ..read more
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Crypto Advocacy Group ‘Stand With Crypto’ Expands to the UK
Bitcoin.com
by Bitcoin.com
4h ago
Stand with Crypto, a global crypto advocacy organization, is expanding its initiative to the United Kingdom. Originating in the U.S., where it has garnered over 700,000 sign-ups and gained momentum with the passing of FIT21 in the House of Representatives, the movement is now mobilizing UK crypto advocates. With over 6 million crypto holders, the ..read more
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Crydit Unveils Revolutionary Unlimited Crypto Card Redefining Crypto Payments
Bitcoin.com
by Media
5h ago
PRESS RELEASE. [May 25, 2024] – Crydit, with the vision of “Pay Everything,” announces the official launch of the first Unlimited Crypto Card in the industry. Crydit is poised to revolutionize the crypto payment industry, providing users of cryptocurrencies with a free, secure, and convenient payment experience. Key Features of the Crydit Unlimited Crypto Card ..read more
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Study: 60% of US Crypto Investors Don’t Understand Blockchain
Bitcoin.com
by Terence Zimwara
5h ago
According to a recent survey by Preply, as many as three in five, or 60%, of U.S. cryptocurrency investors do not understand blockchain technology. The study found that Generation Z, despite 41% expressing interest in learning about cryptocurrency, had the smallest percentage of individuals willing to learn. The report also noted that U.S. residents who ..read more
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Study: 60% of US Crypto Investors Don’t Understand Blockchain
Bitcoin.com
by Terence Zimwara
7h ago
According to a recent survey by Preply, as many as three in five, or 60%, of U.S. cryptocurrency investors do not understand blockchain technology. The study found that Generation Z, despite 41% expressing interest in learning about cryptocurrency, had the smallest percentage of individuals willing to learn. The report also noted that U.S. residents who ..read more
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Decoding FDV: The Importance of Fully Diluted Valuation in Crypto Investments
Bitcoin.com
by David Sencil
8h ago
In a market where substantial portions of tokens are often locked up, understanding Fully Diluted Valuation (FDV) has become essential for investors looking to better evaluate the current value of cryptocurrency projects, as well as better predict the long-term value and risks associated with them. Introduction to FDV Fully Diluted Valuation (FDV) is an important ..read more
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What Is the Howey Test? Understanding Its Role in Crypto Regulation
Bitcoin.com
by Jamie Redman
10h ago
This year, with the U.S. Securities and Exchange Commission (SEC) increasing enforcement on businesses accused of offering unregistered crypto securities to American investors, regulators, attorneys, and judges have been utilizing the Howey Test to ascertain whether specific crypto assets constitute an “investment contract” and thereby fall under U.S. securities laws. Below is an in-depth exploration ..read more
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