Bitcoin Funds Drop $319 Million as Investors Line Up to Short
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BlackRock Says Clients Are Buying Bitcoin to Hedge Against US Debt Crisis

Is Bitcoin a “risk-on” or “risk-off” asset? Analysts at the world’s largest asset manager BlackRock say the leading digital currency qualifies as neither. In a PowerPoint document shared Wednesday, BlackRock said its clients largely view Bitcoin as insurance against a possible U.S. debt crisis, and that Bitcoin has “little fundamental exposure” to the macro variables that affect other asset classes.…

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SEC Charges Defi Platform Rari Capital and Founders
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SEC Charges Defi Platform Rari Capital and Founders

Defi Platform Rari Capital and Founders” style=”float:left;margin:0 15px 15px 0″ />The U.S. Securities and Exchange Commission (SEC) has announced charges against decentralized finance (defi) platform Rari Capital and its co-founders for misleading investors and operating as unregistered brokers. The settlement involves penalties, injunctions, and bars against the individuals involved, with violations stemming from unregistered securities offerings and deceptive practices. SEC…

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Bitcoin Is a ‘Fraud’ Says Jamie Dimon, Who Vowed to Not Talk About It Again
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Bitcoin Hater Jamie Dimon Brags That JPMorgan Is a ‘Real’ Blockchain User

JPMorgan Chase boss Jamie Dimon may not like Bitcoin or cryptocurrency—but his bank is one of the “bigger users” of its underlying technology.  Billionaire banker Dimon said Tuesday that his bank—one of the largest in the world—was one of the biggest “real” users of the blockchain.  “[JPMorgan Chase] is probably one of the bigger users of blockchain. A real user—an…

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Massive Twitter Hack Tries, Fails to Promote Crypto Scam in 'Most Incompetent' Hack of the Year
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Massive Twitter Hack Tries, Fails to Promote Crypto Scam in ‘Most Incompetent’ Hack of the Year

Hackers targeted a number of notable Twitter (aka X) users on Wednesday, apparently hijacking the accounts of brands and celebrities to post tweets pushing a dodgy meme coin. But the Solana token didn’t get much traction. Computer brand Lenovo’s India division, film director Oliver Stone, Yahoo News UK, and Brazilian soccer player Neymar Jr. were just some of the prominent…

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World Banking Giants Join Project Agora to Reengineer Cross Border Payments
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World Banking Giants Join Project Agora to Reengineer Cross Border Payments

Over 40 leading private banking institutions have joined Project Agora, a Bank for International Settlements (BIS) initiative to integrate smart contracts to change the current payment flow standard. The objective is to design a system combining public and private money to enhance cross-border settlement processes. Project Agora Gains Support From Private Banking Giants Project Agora, […] Source: https://news.bitcoin.com/world-banking-giants-join-project-agora-to-reengineer-cross-border-payments/