In a shocking turn of events, Singapore-based cryptocurrency exchange Phemex announced the temporary suspension of withdrawals due to a security breach that saw approximately $37 million siphoned from one of its hot wallets. This proactive decision, made on January 23, aims to fortify wallet security and conduct an urgent assessment of the breach. Phemex swiftly
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In a significant move for the cryptocurrency sector, Senator Cynthia Lummis (R-Wyo.) has been appointed as the inaugural chair of the Senate Banking Subcommittee on Digital Assets. This announcement, made on January 23, marks a pivotal point in the U.S. government’s approach to blockchain technology and cryptocurrencies. Under the leadership of Senate Banking Committee Chair
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Aayush Jindal represents a significant force in the multifaceted realm of financial trading, with a distinguished career that spans over 15 years. A symphony of his exceptional abilities in Foreign Exchange (Forex) and cryptocurrency trading has catapulted him into the echelons of elite financial advisors. Jindal’s vast experience and acute understanding of market nuances allow
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The cryptocurrency market has recently exhibited noticeable volatility, with Bitcoin (BTC) making headlines as it tested significant resistance zones. As the digital currency navigates through potential corrections, analysts and investors alike are keenly monitoring various price levels that could dictate its short-term future. This article delves into Bitcoin’s recent price action, examines key support and
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In the ever-evolving landscape of cryptocurrency, Bitcoin continues to dominate headlines with its fluctuating prices and promising forecasts. Recently, various analysts have been vocal about the potential trajectory of Bitcoin, suggesting that the flagship cryptocurrency could soon experience a significant rally. Yet, amidst these optimism-laden predictions, cautionary outlooks remain prevalent, reminding investors of the volatile
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The landscape of cryptocurrency trading continues to evolve, and recent reports suggest that CME Group is on the brink of introducing futures contracts for notable cryptocurrencies Solana (SOL) and XRP. Social media buzz, particularly stemming from an account known as Summers, introduced screen captures linked to a testing page that indicated a potential launch scheduled
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The cryptocurrency landscape, particularly Bitcoin, is at a pivotal point, oscillating just below its previous all-time highs amidst political discussions of substantial governmental involvement. Recently, a significant meeting occurred at the U.S. Capitol, which has sparked conversations about potentially establishing an American Strategic Bitcoin Reserve (SBR). The meeting involved notable figures such as U.S. Senator
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The crypto world is rife with innovation, pushing the boundaries of what is possible within digital finance. However, this rapid evolution is not without its challenges—both legal and ethical. Roman Storm, the co-founder of Tornado Cash, recently articulated his experience with the U.S. legal system, claiming that his prosecution represents a significant threat to privacy
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