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Month: September 2023
80 Chinese crypto influencer accounts shut down in latest crackdown
Sina Weibo, one of the most popular Chinese social media apps with over 258 million daily active users, has removed 80 influencer accounts promoting cryptocurrency activities citing official legislation. According to the Sept. 5 announcement, 80 crypto influencer accounts with over 8 million in total followers had been “proactively removed” by Weibo. The accounts were accused of breaching eight regulations…
MetaMask scammers take over government websites to target crypto investors
Official government websites from India, Nigeria, Egypt, Colombia, Brazil, Vietnam and other jurisdictions have been found redirecting to fake MetaMask websites… Source: https://cointelegraph.com/public/index.php/news/metamask-scam-government-websites-crypto-investors
Coinbase to upsize debt repurchase by $30M
Cryptocurrency exchange has upsized its debt buyback offer from $150 million to $180 million. According to the Sept. 5 announcement, Coinbase will commit a total of $180 million to buying back its 3.625% Senior Notes due 2031. The offer will lapse on Sept. 18 at 11:59 pm Easten Time. At the time of announcement, $50 million in tendered notes had…
Visa taps into Solana to widen USDC payment capability
Global payments processor Visa has rolled out support for USD Coin (USDC) payments settled on the Solana blockchain as its stablecoin offering begins to expand. Visa revealed that it is carrying out live and completed pilots with issuers and acquirers, moving millions of USDC tokens between partners across the Etheruem and Solana blockchains to settle fiat-based payments. An announcement from the…
40% of crypto trading platforms are decentralized: World Federation of Exchanges
A report from the World Federation of Exchanges (WFE) noted that 40% of the crypto trading platforms are decentralized and make use of distributed ledger technology. On the other hand, the majority, or 60%, of platforms make use of Central Limit Order Books (CLOBs), quite similar to regulated exchange platforms. The WFE report noted that there are a total of…
El Salvador to introduce Bitcoin education in schools by 2024
The Ministry of Education of El Salvador and the non-profit, non-governmental organization Mi Primer Bitcoin/My First Bitcoin (MPB/MFB) partnered to add Bitcoin (BTC) education to public school curriculum by 2024. John Dennehy, the founder of MPB confirmed to Cointelegraph that this is a project of the Ministry of Education that MPB is assisting, along with Bitcoin Beach. Its program “My…
Tether’s Ardoino says it’s now one of top buyers of US Treasury bills, holds $72.5B
Stablecoin issuer Tether has become one of the top buyers of United States Treasury bills in the world, according to a post by Tether CTO Paolo Ardoino. In a social media post, Ardoino highlighted that Tether currently has an exposure of $72.5 billion in US T-bills. The amount places the stablecoin issuer in the top 22 of US T-bills holders,…
Hall of Flame – Cointelegraph Magazine
“I live in Switzerland. I have guns at home. Anybody who shows up at my home with violent intentions risks being literally shot at,” Heaver warns altcoiners who send her death threats online. Speaking to Magazine, Heaver explains that she blames memecoin founders for fueling the fiery users on Crypto Twitter. “I mean, there’s so much responsibility on these community…
What Is Web 3.0? Definition
advanced Alongside such terms as crypto, blockchain technology, and the metaverse, Web 3.0 is one of the biggest buzzwords of our time. Behind it lies the idea of a whole new internet that is supposed to bring about a real revolution. But what is Web 3.0, and what does it actually do? How far is reality from the idea? And…