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news-imageDecember 23, 2024

Binance Founder CZ Warns: Receiving Crypto This Way Could Instantly Empty Your Wallet

Crypto owners risk losing everything by accepting assets via shared private keys or pre-configured wallets, warns Binance's former CEO, CZ, emphasizing the danger of shared access.
Publisher: Bitcoin
Sentiment: Negative
General

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Negative
cover-imageCoinPedia
December 23, 2024

Crypto Hack Weekly Report: $2.2 Billion Stolen in 2024, Centralized Exchanges Hit Hard

In the cryptocurrency space this week, there was a rise in the incidence of cybercriminal activity, that was more common and elaborate than before. Ranging from multi-million dollar breaches to sanctions on laundering operations and the size of losses point to the need for better security mechanisms.

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Positive
cover-imageCoinPedia
December 23, 2024

Elon Musk's Solution to Currency Risks: SpaceX Adopts Stablecoins

Stablecoins are increasingly being adopted by major companies as a practical solution to financial challenges. With a market cap of $200B, these digital currencies, pegged to fiat currencies like the U.S. dollar, provide stability and efficiency, making them an attractive alternative to traditional financial systems.

general-iconGeneral
Negative
cover-imageBitcoin
December 23, 2024

Crypto Hedge Funds Are Quietly Getting Debanked, Survey Shows

Coinbase's Chief Legal Officer issued a rallying cry to the industry, demanding answers after the survey results were published. Operation Chokepoint 2.0 Targets Crypto Hedge Funds Three quarters of 160 crypto hedge funds polled, reported difficulty accessing banking services according to a recent survey – and Coinbase is not very happy about it.

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Positive
cover-imageCoinPedia
December 23, 2024

Crypto Bull Run 2025: Strategies to Build a $1M Portfolio

Many believe that the year 2025 will be a sensational year for the cryptocurrency industry. There are rumours that top crypto investors are preparing aggressive strategies to achieve tremendous benefits from the market.

general-iconGeneral
Positive
cover-imageCoinPedia
December 23, 2024

Donald Trump Appoints Bo Hines to Lead the Charge for U.S. Crypto Dominance

President-elect Donald Trump is on his mission to appoint a crypto powerhouse team to rebuild the U.S. crypto history. With this aim, Trump announced Bo Hines, a former college football player, and 2022 Republican candidate, as the Executive Director of the Presidential Council of Advisers for Digital Assets, known as the “Crypto Council.

general-iconGeneral
Negative
cover-imageBitcoin
December 23, 2024

Latam Insights: El Salvador's IMF Bitcoin-Braking Deal and Argentina's Cyberspace Crypto Patrol

Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week's edition of Latam Insights, El Salvador inked an agreement with the IMF that could stop its bitcoin adoption, Argentina announced crypto patrols, and the Brazilian Senate is prepared to discuss crypto.

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Negative
cover-imageCryptopolitan
December 23, 2024

Barefoot investor uncovers shocking DeFi scam after his identity was stolen

Australian financial expert ‘Barefoot Investor' Scott Pape has revealed how he fought crypto scammers who hacked into his identity to con his followers. The Australian reported on Dec. 23 that Pape and his team were reporting hundreds of fake Facebook groups claiming to be run by his image to trick people into scams.

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Positive
cover-imageTokenpost
December 23, 2024

Trump Picks Bo Hines, Ex-College Football Ace, to Ignite His Crypto Council

Donald Trump has named Bo Hines, a former college football player and onetime congressional candidate, as executive director of his new Crypto Council. The move underscores Trumps pro-crypto stance and signals a push for industry growth under his incoming administration.

general-iconGeneral
Positive
cover-imageBitcoin
December 23, 2024

Vaneck's 2025 Crypto Predictions: Bull Market to Persist, Anti-Crypto Policies Ending

Asset management firm Vaneck has shared its 2025 crypto predictions, highlighting a strong bull market, rising bitcoin and ethereum prices, growing altcoins, and increased institutional and government adoption. Vaneck Unveils 2025 Crypto Predictions Vaneck, a leading asset management firm, released its “10 Crypto Predictions for 2025” on Dec.

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Positive
cover-imageCryptonews
December 22, 2024

Belarus Gov't Says Crypto Miners Are ‘Flocking to the Country'

Belarus says it is welcoming more crypto miners, and that more mining “investors” are “showing keen interest” in the nation. The post Belarus Gov't Says Crypto Miners Are ‘Flocking to the Country' appeared first on Cryptonews.

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Neutral
cover-imageReuters
December 22, 2024

Trump appoints Bo Hines to presidential council on digital assets

U.S. President-elect Donald Trump on Sunday said he was appointing Bo Hines, who previously ran to represent a North Carolina district in Congress, as executive director of the Presidential Council of Advisers for Digital Assets that will be chaired by incoming crypto czar David Sacks.

general-iconGeneral
Positive
cover-imageBitcoin
December 22, 2024

Infomon Blends Pokémon Go With NFTs and X Integration

Imagine Pokémon Go but with NFT ownership, token rewards, and social media integration—welcome to Infomon, a revolutionary Web3 game that brings AR to the blockchain. Quick Recap from OpenSeason Openseason by Fractional Uprising Studios combines third-person shooter action with Web3 technology.

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Negative
cover-imageCrypto Daily
December 22, 2024

Altcoin Market Struggles to Rise – What's Happening?

$WIF is down 34%, $OP is down 32%, $PEPE is down 28%, $SOL is down 20% in the last seven days, resulting in a very turbulent period and triggering questions about whether an altcoin season will even happen

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Positive
cover-imageBenzinga
December 22, 2024

Cryptopia Hack Victims Receive $225 Million In Distributions At Last

Victims of the hacking of defunct New Zealand-based crypto exchange Cryptopia are finally seeing restitution, with $225 million in digital assets being distributed to former account holders. What Happened: The distributions mark a significant milestone in the exchange's liquidation process, which has been ongoing since 2019.

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Positive
cover-imageForbes
December 22, 2024

5 Crypto Predictions For 2025

2024 was a jam-packed year for crypto, and 2025 is setting up to be even bigger

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Positive
cover-imageCryptopolitan
December 22, 2024

Patricia reportedly begins customer repayment plan after 2023 cyber attack

Nigerian crypto trading platform Patricia Technologies has reportedly commenced repaying user funds following an attack on its platform. The development is another step in the right direction to restore customer faith following the platform's security breach in 2022.

general-iconGeneral
Positive
cover-imageCryptoSlate
December 22, 2024

Elon Musk's SpaceX uses stablecoins to hedge against foreign exchange risks

SpaceX uses stablecoins to dodge foreign exchange risks, Silicon Valley venture capitalist Chamath Palihapitiya said in the All-In podcast on Friday. Foreign exchange risk refers to the risk of losses that could arise from drastic fluctuations in a currency.

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Neutral
cover-imageCryptopolitan
December 22, 2024

Starboard targets Riot Platforms' inefficiencies in a plan to unlock billion-dollar growth

Bitcoin mining giant Riot Platforms might be sitting on a goldmine—one it hasn't fully tapped into yet. Starboard, one of the most aggressive activist investors in the US stock market, has taken a massive position in the company, and according to them, Riot could transform itself by moving focus to hyperscaler demand.

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Positive
cover-imageCryptopolitan
December 22, 2024

BaFin and ECB approve Germany's DekaBank for crypto custody

Germany's DekaBank has scored a major win, bagging a crypto custody license from BaFin, the country's financial watchdog, and the European Central Bank (ECB). The license was granted under the Banking Act (KWG) and DekaBank will be joining Commerzbank as one of the only traditional German banks to operate in this space.

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