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News Editor

News Editor
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Aptos price analysis: APT surges by 6 percent as bulls take...

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TL;DR Breakdown Aptos price analysis shows a bullish trend. At the time of writing, APT is at the $8.99 mark. Support for APT is present at $8.46. Aptos price...

Crypto rug pull losses surpassed DeFi exploits in May

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TL;DR Breakdown May 2023 saw losses from 'rug pull' crypto scams surpassing those from DeFi exploits, according to Beosin EagleEye. Total losses from various security incidents...

Crypto.com now a licensed payment provider in Singapore

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TL;DR Breakdown Crypto.com has secured a Major Payment Institution (MPI) license for Digital Payment Token (DPT) services from the Monetary Authority of Singapore (MAS). This license...

Australian government launches consultation to assess ban on “high-risk” AI

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TL;DR Breakdown The Australian government has initiated an unexpected eight-week consultation period aimed at determining whether certain "high-risk" artificial intelligence (AI) tools should be prohibited. The...

Gemini expands into UAE, pursuing crypto license amid positive regulator engagement

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TL;DR Breakdown Gemini has made an exciting announcement regarding its expansion plans into the United Arab Emirates (UAE). The decision to enter the UAE market was...

Crushing the Fentanyl Trade: US Senator Calls for Shutdown of Crypto-Funded...

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TL;DR Breakdown US Senator Elizabeth Warren calls for action to disrupt the crypto-funded fentanyl trade, citing evidence of a connection between cryptocurrency payments and Chinese...

Binance Faces Regulatory Heat: Investigation by Canadian Securities Regulator Unveiled

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TL;DR Breakdown Canadian Securities Regulator Investigation: Binance has received an investigation order from the Ontario Securities Commission (OSC), probing whether the exchange attempted to circumvent...

Is the U.S. about to lose its financial crown to China?...

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TL;DR Breakdown Coinbase CEO cautioned that considering the recent volatility in crypto markets, policymakers might be inclined to dismiss cryptocurrencies as an unstable asset class. He...

Nansen Cuts Workforce by 30% Amidst Crypto Market Turmoil

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TL;DR Breakdown Nansen trims its workforce by 30% as a result of aggressive hiring during rapid expansion and the impact of the crypto bear market. CEO...

Ripple price analysis: XRP rallies to $0.525,  marking a substantial gain...

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TL;DR Breakdown Ripple price analysis is bullish today. Strong resistance is found at $0.532. Strong support for XRP is found at $0.494. The bulls have maintained their dominance...
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