South Korean crypto market grows to $45.9B in 2021 despite strict regulations
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South Korean crypto market grows to $45.9B in 2021 despite strict regulations

South Korea’s crypto market grew to 55 trillion Won ($45.9 billion) by the end of 2021, as per a new study from the country’s chief financial regulator, the Financial Service Commission. South Korea is considered among the strictest crypto markets in terms of regulatory policy implementations and made regular headlines throughout 2021 for its new travel rule and Know Your…

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$300M in crypto liquidations accompanies Bitcoin's surge to $44K
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$300M in crypto liquidations accompanies Bitcoin’s surge to $44K

Bitcoin (BTC) hit $44,000 overnight on Mar. 1 as a rally that began Monday sparked unexpected results.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders warns of “massive variables” for BTC price Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $44,250 on Bitstamp before consolidating, still above $43,000 at the time of writing. The move had come in two…

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Binance Donates $10 Million to Support Ukrainians, Launches Crowdfunding Initiative – Bitcoin News

Binance, the biggest cryptocurrency exchange by trading volume, has announced a series of humanitarian aid actions it will take to support Ukrainians. The exchange stated it will donate a minimum of $10 million to help the Ukrainian people through the Binance Charity Foundation. Binance also announced it was kickstarting a crypto-first crowdfunding site to coordinate donations to the Ukrainian cause.…

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Bitcoin ATM installations slow down in early 2022, making a first in history
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Bitcoin ATM installations slow down in early 2022, making a first in history

Over the last six months, Bitcoin (BTC) recorded numerous milestones — El Salvador’s mainstream adoption, a new all-time high of $69,000 and a stronger-than-ever network hash rate. However, for the first time in history, global Bitcoin ATM installations in the first two months have slowed down when compared to the preceding year. Bitcoin ATM installations in the first two months…

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Islamic Scholar Says Digital Currency is Not a 'Fictitious Currency' – Emerging Markets Bitcoin News
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Islamic Scholar Says Digital Currency is Not a ‘Fictitious Currency’ – Emerging Markets Bitcoin News

An Islamic scholar, Irshad Ahmad Ijaz, has asserted that digital currency is not fake currency and that it should be legitimized once certain conditions are met. Ijaz’s viewpoint is echoed by other scholars that attended a seminar examining the status of digital currencies from the perspective of Islamic law. Use of Crypto in the Digital Age An Islamic scholar or…

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One NFT per human in existence and the Pixelmon controversy
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One NFT per human in existence and the Pixelmon controversy

Dutch artist Dadara and digital rights management platform RAIRtech have developed a collection of 7.9 billion identical nonfungible tokens (NFTs). The collection, named CryptoGreymen, is on the Polygon (MATIC) Ethereum scaling network. Although each NFT is identical, they will be assigned a serial number of up to 7.9 billion to reflect the number of humans currently estimated to be living…

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Cambridge University launches crypto research project with IMF and BIS
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Cambridge University launches crypto research project with IMF and BIS

The University of Cambridge is collaborating with some of the world’s top banking institutions and private companies to introduce a new project targeting cryptocurrency research. The Cambridge Center for Alternative Finance, or CCAF, has launched a research initiative aiming to bring more insights on the rapidly growing digital asset industry, the CCAF announced to Cointelegraph on Monday. Dubbed the Cambridge…

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