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Chinese Authority Warns of Fake Digital Yuan App Scam


Chinese Ministry of Industry and Information Technology cautions against counterfeit digital yuan apps as scam tactics evolve, urging the public to verify through official channels. The post Chinese Authority Warns of Fake Digital Yuan App Scam appeared first on Cryptonews

Looking at Getting Started With Crypto? What You Should Know


Cryptocurrency has been disrupting the financial world for quite a few years. No wonder it has become one of the mainstream investment channels for forward-thinking investors and traders. The potential for substantial gains from these decentralized currencies is gaining attention from millions...

HSBC, Hang Seng Join China’s Digital Yuan Pilot


Source: Eagle/Adobe The international banking giants HSBC and Hang Seng Bank have joined China’s digital yuan pilot. 21st Century Business Herald reported that a group of “four foreign banks” have “officially announced the launch of digital yuan business.” HSBC’s Chinese arm confirmed...

Amidst Controversy, Telegram Will Keep Hamas’ Channels Open


Pavel Durov, founder and CEO of Telegram, has explained that Hamas’ communication channel in the application will keep operating. Durov’s statements come after Telegram faced widespread backlash for allowing the Palestinian group to keep posting war-related content on its network. Durov...

Lightning Network Sees Sharp 14% Decline in Capacity After Hitting Peak


Data reveals that the Lightning Network’s capacity, or the total value of open channels, has dwindled by over 14% since July 9, 2023. Following a peak of 5,468 BTC, an estimated 786 BTC valued at $20.32 million has been withdrawn from the secondary network. From Peak to Plunge: Lightning...

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