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Google Trends Data Reveals Searches for ‘Banking Crisis,’ ‘Bank Runs,’ Skyrocket

google-trends-data-reveals-searches-for-‘banking-crisis,’-‘bank-runs,’-skyrocket

Interest in the U.S. banking crisis has risen greatly over the past two weeks, as shown by Google Trends data. There has been a sharp increase in queries related to search terms such as “banking crisis,” “bank collapse,” and “bank failure.” On March 13, 2023, the search term “banking crisis” reached the top Google Trends

Charlie Munger Doesn’t Understand Bitcoin: Michael Saylor

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Warren Buffett’s right-hand man hasn’t taken the time to understand Bitcoin, MicroStrategy’s Michael Saylor said in an interview with CNBC.Michael Saylor’s latest interview includes a blast at Western elites, specifically Charlie Munger. Munger recently penned an op-ed for the Wall Street Journal titled, “Why America Should Ban Crypto.” In it, he slammed cryptocurrencies, explaining that: “Such wretched

Crypto Lender Genesis Files For Chapter 11 Bankruptcy

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The embattled crypto lender has filed a slew of voluntary bankruptcy notices in order to restructure itself.Genesis’s two lending subsidiaries, Genesis Global Capital and Genesis Asia Pacific, have filed for Chapter 11 bankruptcy. According to the announcement, the firm aims to enact “a global resolution to maximize value for all clients and stakeholders and strengthen

NFT Market Sales Climb 16% Higher; 43.48% Increase in Buyers in Third Week of 2023

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Closing out the third week of January 2023, non-fungible token (NFT) assets saw a 16.39% increase in overall sales. 320,580 buyers participated in the NFT market action this past week, an increase of 43.48% compared to the week prior. $256.69 million in NFT sales were recorded over the last seven days, with $206.06 million being

Report Claims U.S. Prosecutors Investigate Hedge Funds in Connection with Binance Dealings 

report-claims-us.-prosecutors-investigate-hedge-funds-in-connection-with-binance-dealings 

Federal prosecutors are reportedly investigating U.S.-based hedge funds that have dealt with the cryptocurrency exchange Binance, according to two people familiar with the matter. The hedge funds were allegedly issued subpoenas by the U.S. attorney’s office for the Western District of Washington. Sources Say U.S. Department of Justice Probes American Hedge Funds in Cryptocurrency Investigation

Another Member of Russian Crypto Pyramid Finiko Arrested in UAE

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Law enforcement authorities in the United Arab Emirates have detained a top Finiko representative, sought for his role in the crypto Ponzi scheme which defrauded thousands of investors around the world. This is the second arrest in the Gulf state of a high-ranking member of the pyramid announced in the past month. Finiko Fraudster Caught

L2 Scaling Solution Arbitrum Schedules Nitro Rollup Stack Upgrade for August 31

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On August 4, Arbitrum One, the layer two (L2) Ethereum scaling solution, announced the protocol will implement a significant upgrade called Nitro in 25 days. The highly anticipated Nitro migration will take place on August 31, exactly one year after Offchain Labs, the Arbitrum project maintainers, launched the Arbitrum One mainnet. The Arbitrum team says

Crypto-Related Lawsuits Rising in Russia, Criminal Cases Increase by 40%

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Courts in Russia are hearing a growing number of cases around crypto assets, a new study has shown. About two-thirds of them have been launched under provisions of the country’s Criminal Code but civil cases represent a large share as well. Criminal Cases Involving Cryptocurrency in Russia Near 1,000 in 2021 Lawsuits related to cryptocurrency,…

Sequel to Iconic RPG Ni No Kuni to Feature NFT Integration and Play-to-Earn Mechanics

sequel-to-iconic-rpg-ni-no-kuni-to-feature-nft-integration-and-play-to-earn-mechanics

The new installment of Ni No Kuni, an RPG franchise brought by independent gaming studio Level 5 and animated by Studio Ghibli, has launched with blockchain elements present. The game, which has been designed for mobile and PC platforms, introduces a token system that lets players use their earnings outside of the game, and will…

Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

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The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this new test will include a fixed supply of the mentioned token, and detailed this pilot…

Recent Poll Suggests 21% of Americans Have Dabbled in Crypto

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A recent poll conducted by NBC News indicates that one in five Americans has used cryptocurrencies by either investing or trading digital assets. The findings suggest that crypto assets continue to become more popular as 21% of the 1,000 participants surveyed have “dabbled” in crypto assets. Survey Says 1 in 5 Americans Has Used Crypto…

Standard Chartered, Fidelity, TP ICAP to Launch Cryptocurrency Trading Platform

standard-chartered,-fidelity,-tp-icap-to-launch-cryptocurrency-trading-platform

Fidelity, Standard Chartered Bank, and TP ICAP are collaborating to launch a cryptocurrency trading platform. It will feature a marketplace for spot crypto trading and provide “connectivity and post-trade infrastructure into a network of digital assets custodians.” TP ICAP, a leading provider of market infrastructure, announced Tuesday that it is launching a cryptocurrency trading platform…

Indian ‘Crypto King’ Arrested by Narcotics Control Bureau — Wazirx Says Not Our User

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India’s Narcotics Control Bureau (NCB) has arrested a Mumbai resident known as “crypto king,” who allegedly used bitcoin to purchase narcotics on the dark web. Indian cryptocurrency exchange Wazirx says the accused is not one of its customers. ‘Crypto King’ Arrested in India A Mumbai resident, Makarand Pardeep Adivirkar, also known as “crypto king” in…

New Jersey County Liquidates Bitcoin Seized in 2018, Profiting Almost 300%

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Individuals and companies are not the only ones who take advantage of the significant bitcoin prices surging across the board, despite recent pullbacks. In New Jersey, United States, a county yielded profits after liquidating seized cryptocurrencies during a drug investigation. Authorities Gained Control of the Cryptos in 2019 According to NBC New York, local authorities…

Report Claims Ukrainian Officials Hold Over $2.6 Billion in Bitcoin

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The latest declarations from Ukrainian public officials revealed a billion-dollar amount of money they allegedly own in bitcoin. An online incentive gathered data from 791,872 state employees and 652 respondents disclosed their crypto holdings. The Biggest Crypto Holder in the Report Has 18,000 BTC According to the Opendatabot site, officials currently hold a total of…

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