Month: July 2023

A Cautionary Tale: Reddit User Loses Thousands in Bitcoin Due to “Secure” Paper Wallet

115 Comments / cryptocurrency / By

In the world of cryptocurrencies, security is paramount. A recent incident on Reddit serves as a stark reminder of why crypto users need to exercise extreme caution when dealing with wallet generators. On July 24, a Reddit user with the handle /jdmcnair posted a distressing story on the r/Bitcoin subreddit, recounting how they lost over …

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Ethena: Redefining Stability in the Crypto World with $6.5 Million Seed Funding

44 Comments / business, cryptocurrency / By

Ethena, a pioneering Ethereum stablecoin protocol, has successfully raised an impressive $6.5 million in its recent seed funding round. The round, led by Dragonfly Capital, garnered substantial support from prominent figures like former Bitmex CEO Arthur Hayes, as well as derivatives exchanges including Deribit, Bybit, Okx, Gemini, and Huobi. With this substantial funding, Ethena aims …

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SEC Launches Comprehensive Review of Bitcoin ETF Applications, Highlighting the Significance of Surveillance-Sharing Agreements

48 Comments / cryptocurrency / By

The U.S. Securities and Exchange Commission (SEC) has embarked on an extensive review process of the latest bitcoin exchange-traded fund (ETF) applications. This move follows the publication of documents seeking public consultations, with the official review set to commence upon the filings’ publication in the federal register. The SEC has solicited comments on multiple ETF …

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An Empowered Mompreneur’s Journey to Financial Success, Empowered by Gold

3 Comments / business, Uncategorized / By

Ann Barlas, a determined mompreneur, recently shared her inspiring story of how her businesses, particularly her ventures into the world of real gold jewelry, played a significant role in transforming her family’s life. Alongside her gratitude to financial guru Chinkee Tan for his guidance and wisdom, Ann highlighted the importance of gold as an investment …

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Bitcoin Skyrockets Towards $32,000 as XRP Ruling Boosts Crypto Optimism

2 Comments / cryptocurrency / By

In a major development for the cryptocurrency market, Bitcoin surged towards the $32,000 milestone late on Thursday, following news of a U.S. judge ruling that XRP was “not necessarily a security on its face.” The ruling was met with enthusiasm within the crypto community, as it raised hopes that other crypto companies currently embroiled in legal battles with the Securities and Exchange Commission (SEC) could also achieve favorable outcomes.

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