Bitcoin Transaction Raises Eyebrows with Whopping $3.1 Million Fee
Bitcoin transaction raises eyebrows as a whale mistakenly pays an unprecedented $3.1 million fee, sparking speculation and uncertainty in the crypto community.
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Google's New Quantum Chip Won't Kill Bitcoin, Expert Says; Ripple's Stablecoin RLUSD Gets Regulatory Approval; Shiba Inu Burns 51,763,782 SHIB: Crypto News Digest by U.Today
11/12 23:32
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Singapore Enhances Crypto Oversight to Safeguard Investors
Singapore's Monetary Authority strengthens crypto regulations to protect retail investors, introducing measures to curb speculative activities while facing concerns that such stringent oversight may impede the nation's crypto industry aspirations.
JasperWith the Advancement of AI, Is 3-Days Workweek Possible?
Bill Gates envisions a shorter 3-day workweek with AI progress, echoing industry discussions on technology's transformative impact on work structures.
Hui XinFrom Crypto to Fishy Business: Sam Bankman-Fried Navigates Trade in Prison
Sam Bankman-Fried, ex-FTX CEO, navigates prison life by trading mackerel ('macks'), revealing adaptability and offering insights into unconventional prison commerce amid legal challenges.
Hui XinSam Bankman-Fried’s Trading Life Continues Behind Bars; Who Else in Prison
SBF now explores an unexpected economy in Brooklyn's Metropolitan Detention Center. Cooling his heels while awaiting sentencing, he delves into the world of prison economics, where mackerel replaces cigarettes as the preferred currency. SBF's unique adaptation involves trading pouches of preserved fish, known as 'macks,' for services within the confines of the detention centre.
JoySocial Platform X Restricts Former Binance CEO's Account Amidst Profile Name Change
Former Binance CEO Changpeng "CZ" Zhao faced account restrictions on social media platform X (formerly Twitter), post-resignation linked to a $4.3 billion settlement with the U.S. Department of Justice. The platform hinted at rule violations, and CZ attributed the restriction to a flawed bot detection algorithm, raising uncertainties about his future activity despite Richard Teng assuming Binance's leadership role.
JixuRaiffeisen Bank Partners with Bitpanda to Offer Cryptocurrency Services in Vienna
Raiffeisen Bank, a venerable Austrian financial institution with $215 billion in assets, is set to introduce cryptocurrency trading services for retail clients in Vienna by January 2024, in partnership with Bitpanda. The move reflects the bank's strategic foray into the crypto realm, targeting digitally savvy customers with a preference for modest investments and emphasizing the increasing adoption of cryptocurrencies in regions with clear regulatory frameworks.
JixuCool Cats NFT Collection Steals the Spotlight at Macy's Thanksgiving Parade
The Macy's Thanksgiving Day Parade featured the Cool Cats NFT collection, with its Blue Cat Balloon symbolizing the launch of "The Milk Chug" YouTube Shorts series. Despite facing challenges and price fluctuations, the parade spotlight has revitalized the collection, now boasting a floor price of 1.05 ETH ($2,150), marking a 195% surge in trading volumes within the last 24 hours on OpenSea.
JixuSEC Accuses Kraken of Unregistered Operations and Fund Mixing
The SEC has filed a complaint against Kraken, alleging the cryptocurrency platform operated without necessary registrations, combining multiple roles without proper approval. The accusations include providing a marketplace for securities transactions, acting as an unregistered exchange, and commingling customer funds with its own. Kraken's CEO disputes the claims, sparking a broader debate on the SEC's role in regulating cryptocurrency exchanges and the industry's future.
JixuMAS Unveils Bold Moves: Putting the Brakes on Crypto Speculation in Singapore
Singapore's MAS introduces measures to safeguard against crypto speculation, reinforcing regulatory vigilance and navigating the challenges of Digital Asset Trading.
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