Samuel Edyme, known in the digital space by the moniker HIM-buktu, represents a unique breed of individuals navigating the tumultuous waters of the cryptocurrency industry. His trajectory is anything but traditional; beginning with a crash course in online scams, particularly a Ponzi scheme that initially ensnared him, Edyme’s introduction to the world of cryptocurrencies served
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In October 2024, Radiant Capital, a decentralized finance (DeFi) platform, fell victim to a significant hack that siphoned off $50 million. Investigations revealed that the attack originated from a group believed to be aligned with North Korea. The exploitation of the platform was primarily facilitated through advanced malware distributed via Telegram, underscoring the importance of
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Coinbase is stepping up its game in the digital assets arena with the launch of Project Diamond, aimed primarily at institutional investors outside the United States. According to a recent statement, this initiative by Coinbase Asset Management is not just a standard crypto offering but a robust infrastructure that encompasses various features, including Coinbase Prime
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The rapid evolution of the cryptocurrency landscape has posed significant challenges for regulatory bodies worldwide. In the United States, the need for a cohesive and supportive regulatory framework is more urgent than ever, particularly in light of recent developments in government attitudes towards the crypto sector. Hester Peirce, a prominent Commissioner at the U.S. Securities
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In a significant move that promises to reshape the landscape of digital finance, Singapore’s prominent trading platform, Crypto.com, has joined forces with Deutsche Bank, a leading investment bank from Germany. This partnership aims to extend conventional banking services to users in selected markets, reflecting a notable shift in the integration of traditional finance and the
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RavenQuest has emerged in the competitive landscape of online gaming as a free-to-play top-down MMORPG that sets itself apart by harnessing the power of Web3 technology. This game promises players an immersive experience in a dynamic world where their actions significantly influence the environment, economy, and overall gameplay. In a market flooded with static interactions
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Recently, on December 10, a pivotal announcement emerged from the Abu Dhabi Global Market (ADGM)—Tether’s USDT stablecoin has been designated as an Accepted Virtual Asset (AVA). This groundbreaking ruling, sanctioned by the Financial Services Regulatory Authority (FSRA), allows for the licensed entities within ADGM’s jurisdiction to engage in services tied to USDT, subject to the
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As the world increasingly embraces digital currencies, Bitcoin stands out as a frontrunner attracting global interest and investment. Recently, Anthony Scaramucci, a prominent figure in the finance sector, posited that China is poised to re-enter the Bitcoin mining space and might integrate Bitcoin into its national reserves. His comments during the Bitcoin MENA 2024 conference
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