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Shaq Says He Won’t Invest In Crypto Until He Understands It


shaquille-oneal-hasnt-invested-in-crypto.html">told CNBC. “So I will probably stay away from it until I get a full understanding of what it is.”The former Los Angeles Lakers player recognizes that numerous athletes have entered into partnerships with crypto-focused businesses or invested

Crypto Trading, Mining Are Illegal and Punishable, Nepal Central Bank Warns


Mining and trading of cryptocurrencies are illegal in Nepal, the country’s central bank has reminded citizens of the Himalayan nation. The regulator also warned that participating in such activities would entail penalties as per the current legislation. Despite its position, however,...

Japan’s Financial Giant SBI to Launch Cryptocurrency Fund


Japanese financial conglomerate SBI Holdings is reportedly launching a crypto fund that will invest in several cryptocurrencies. “I want people to hold it together with other assets and experience firsthand how useful it can be for diversifying portfolios,” said an executive of...

DAO Invest to Assimilate Chainlink Keepers


DAO Invest, a portfolio management ecosystem for decentralized crypto, announced on Tuesday that it will assimilate Chainlink Keepers, a industry yardstick oracle association for powering hybrid smart contracts, to automate passive income payouts for the entire DAO Invest community members on...

Bank of America, Coinbase, FTX Invest in Paxos Series D Funding Round


Paxos, a blockchain services and tokenization firm has added Coinbase Ventures, FTX, Bank of America, and Founders Fund as backers in its Series D funding round that started last April. These institutions were listed as “strategic investors,” but the amounts of their contributions were...

Banks in Kazakhstan to Open Accounts for Registered Crypto Exchanges


Companies providing trading services for digital assets will be able to open accounts with banks in Kazakhstan, local media reported, quoting the country’s crypto industry association. The service should allow Kazakhs to legally invest in cryptocurrencies and cash out their profits. Crypto...

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