Scotland Yard Seizes Record £114 Million in Cryptocurrency

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British police have carried out U.K.’s largest crypto seizure to date. Detectives working on a money laundering case found a staggering £114 million worth of cryptocurrency in a suspect’s account. Scotland Yard vowed to continue the investigation. UK Makes One of World’s Largest Crypto Seizures Acting on intelligence about the transfer of criminal funds, specialist…

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Citigroup Launches Digital Assets Group to Provide Clients Access to Cryptocurrencies

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Citigroup has reportedly set up a “digital assets group” to offer clients access to cryptocurrencies, which will operate within the bank’s wealth management division. Citigroup has established a “digital assets group” within its wealth management unit, according to a memo to staff seen by Bloomberg. Iain Armitage, global head of capital markets for Citi Private…

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Free Bitcoin: El Salvador Giving Away $30 in BTC to Everyone Using Government Wallet

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El Salvador President Nayib Bukele has announced a bitcoin giveaway to promote the cryptocurrency’s use as legal tender in the economy and to give people an incentive to use the government’s official wallet application. $30 in Free Bitcoin The president of El Salvador, Nayib Bukele, addressed many topics regarding his country’s new bitcoin law Thursday…

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SafeEarth Announces $200k+ in Charity Donations This Year

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PRESS RELEASE. SafeEarth creates access to DeFi and at the same time, helps restore the world’s ecosystem and help humanity through collaborating with the most impactful projects. 25th June 2021, London, England Users of SafeEarth can enjoy the benefits offered by DeFi whilst preserving the delicate balance of the world. Today, the project announces it…

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TechnologyChina’s cryptocurrency-mining crackdown spreads to Sichuan

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China’s crackdown on cryptocurrency “mining” has extended to the southwest province of Sichuan, where authorities ordered cryptocurrency mining projects closed in the major mining centre.Cryptomining is big business in China, accounting for more than half of global bitcoin production. But the State Council, China’s cabinet, last month vowed to clamp down on bitcoin mining and…

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Top Cryptocurrency Prices On June 19: Bitcoin, Ether, Dogecoin And More

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Most major cryptocurrencies are currently trading in the red with bitcoin and ethereum down about 3 percent in the past 24 hours. The global cryptocurrency market capitalisation is currently $1.51 trillion, a decline of 3.40 percent over the previous day. Bitcoin, the world’s largest cryptocurrency, dropped as much as 7 percent to $35,431.15 at 8.02 pm GMT on…

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‘Big Short’ Investor Michael Burry Warns Of Losses ‘the Size Of Countries’ If Cryptocurrencies, Meme Stocks Fall

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Michael Burry, who is best known for shorting the 2007 mortgage bond market, warned retail investors of losses worth “the size of countries” if prices of cryptocurrencies and meme stocks decline. In a series of tweets on June 17, which have since been deleted, Burry cautioned traders about the “mother of all crashes”, Bloomberg reported. Burry does have a habit of deleting his tweets, the…

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Rapper Raftaar Is The First Indian Artiste To Accept Cryptocurrency As Performance Fees

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Rapper Raftaar has become the first Indian artiste to accept cryptocurrency instead of actual currency as performance fee. “I’ve always been an ardent admirer of blockchain technology. I’ve always wondered why artistes and managers alike haven’t explored the potential of this disruptive medium. Nevertheless, I’ve finally taken the baby steps in this direction and all the credit goes…

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Billionaire Mark Cuban Hit By Iron Titanium Coin Crash

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Billionaire investor Mark Cuban of Shark Tank fame was hit after the cryptocurrency token Iron Titanium crashed to zero dollars following a panic selloff from a high of over $64 within hours. “I got hit like everyone else. Crazy part is I got out, thought they were increasing their TVL enough. Than Bam,” Cuban tweeted. Cuban…

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