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Shiny New ZORA Token Loses Its Spark as Traders Remain Wary of VC-Backed Tokens

Zora’s much-hyped ZORA token launch was meant to be a celebration — a “fun” moment for its community, and a supposed triumph for the tokenization of content creators everywhere, with strong demand expected for the Coinbase Ventures-backed …

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FBI Says Americans Lost $9.3B to Crypto Scams in 2024

Americans reported a record $9.3 billion in losses to cryptocurrency-related crimes in 2024, according to a report by the Federal Bureau of Investigation’s (FBI) Internet Crime Complaint Center (IC3). The losses represent a 66% jump from 2023 and …

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Binance to Offer Crypto Asset Managers ‘Fund Accounts’ That Mirror TradFi Trading

Binance, the world’s largest cryptocurrency exchange, is offering digital asset managers special accounts that allow pooling of their investors’ assets to make crypto fund management operations feel more like a traditional finance experience. The …

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Portofino Technology’s General Counsel and Compliance Head Is Latest Senior Exec to Exit

Celyn Armstrong, general counsel and head of compliance at crypto market maker Portofino Technologies, is the latest senior member of staff to leave the firm. He follows Mark Blackborough, the company’s former chief financial officer, who also …

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Russia’s Finance Ministry to Offer Crypto Trading to ‘Highly-Qualified’ Investors: Report

Russia’s finance ministry and central bank are set to unveil a crypto exchange for “highly-qualified” investors, news agency Interfax reported on Wednesday. The exchange will “legalize crypto assets and bring crypto operations out of …

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KiloEx to Compensate Users Impacted by $7M Attack

KiloEX, the decentralized exchange (DEX) hit by a $7 million attack earlier this month, has revealed its resolution plans for affected users. Users whose positions remained open during the platform suspension will be compensated for the difference on …

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Bitcoin Traders Eye Long Term BTC Accumulation by Selling Put Options

Would you offer insurance when expecting low odds of a claim being made? Most likely, you would, while pocketing the premium without a second thought. Bitcoin (BTC) traders are doing something similar in the Deribit-listed BTC options market, hinting …

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Long-Term Bitcoin Holders Show Commitment, Buy More BTC Than Short-Term Holders Sell

For every 1 bitcoin (BTC) sold by short-term holders, long-term holders (LTHs) have accumulated 1.38 BTC in a clear sign of their commitment as the largest cryptocurrency continues to recover. Since bottoming out in January, LTHs have amassed 635,340 …

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Dubai’s VARA Warns of Firms Falsely Claiming to Be Part of Real Estate Tokenization Pilot

Dubai’s crypto regulator has issued an alert, warning of firms falsely claiming to be part of the city’s high-profile real estate tokenization pilot, saying that such misrepresentation may violate the emirate’s virtual asset laws. The Virtual Assets …

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Metaplanet Hits 5,000 BTC Mark Amid Strategic Treasury Expansion

Metaplanet (3350) has reached a major milestone in its bitcoin (BTC) strategy, the Japanese hotel company now holds 5,000 BTC as part of its treasury operations. Its BTC stash is valued at approximately $428.1 million at an average acquisition cost …

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