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Bybit CEO Denies Rumors of Hack and Insolvency Amid Social Media Frenzy


Speculations regarding Bybit's potential hack or insolvency sparked concerns within the crypto community, prompting CEO Ben Zhou personally to step in to refute these claims.  The post Bybit CEO Denies Rumors of Hack and Insolvency Amid Social Media Frenzy appeared first on Cryptonews

Binance Celebrates Bitcoin Pizza Day With Global Pizza Distribution Campaign


In 2010, programmer Laszlo Hanyecz made history by trading 10,000 bitcoins for two pizzas, marking the first documented commercial transaction using the cryptocurrency. Fourteen years later, Binance, the world’s largest cryptocurrency exchange, is commemorating this milestone with a global...

Ethereum-themed Scam Targets South Korean Crypto Community


Fraudsters are targetting South Korean crypto users with an Ethereum-themed scam, token holders in the country said on May 21. The post Ethereum-themed Scam Targets South Korean Crypto Community appeared first on Cryptonews

Nigeria’s SEC-Crypto License


In May 2022, Nigeria’s Securities and Exchange Commission introduced a robust regulatory framework for virtual asset service providers, including digital asset exchanges. The framework required compliance with various laws and regulations to foster market integrity, safeguard investors, and deter...

Community Launches Decentralized Memecoin To Take Anti-SEC Stance


In response to the increasing regulatory scrutiny by the SEC on crypto, a small group of community members has launched a decentralized memecoin called NotWifGary (NWG). The post Community Launches Decentralized Memecoin To Take Anti-SEC Stance appeared first on Cryptonews

Oklahoma Enacts Watershed Bitcoin Rights Law Protecting Self-Custody Wallets


Oklahoma Governor Kevin Stitt delivered a major win to digital asset supporters Monday with the enactment of new law HB3594 focused on preserving fundamental Bitcoin rights. News of the state's new law comes amidst the U.S. government's crackdown on self-custody wallets, prompting outrage in...

Shibarium fees skyrocket 267%, community reacts


Shibarium, a platform specially designed for the Shiba Inu community running on Layer-2 Blockchain technology, has seen a sharp increase in its transaction fees in the recent past. Data from Shibariumscan shows that the costs have increased by 267% in just one day, from 11.57 to 30.98 BONE.  This...

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