#DigitalCurrency

Jump Crypto Invests Heavily in Pro-Crypto PAC for 2024 Elections

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Jump Crypto has significantly increased its investment in a political action committee (PAC) dedicated to promoting pro-crypto candidates in Congress, with a new $10 million contribution. This brings the total donation from the Chicago-based investment firm to $15 million. As of Wednesday, this funding boost has helped the affiliated PACs, including Fairshake, amass nearly $169 […]

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Trump’s Crypto Campaign Attracts Scammers

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Last month, former president Donald Trump, a convicted felon, announced that his campaign would begin accepting donations in cryptocurrency. This decision has inadvertently opened a floodgate for cybercrime, with numerous scam websites popping up to exploit Trump supporters, according to an exclusive report by Netcraft shared with WIRED. In the lead-up to Trump’s announcement, scammers

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Coolpad Ventures into Bitcoin Mining with $13.5 Million Investment

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Coolpad Group, a prominent Chinese telecommunications provider based in Shenzhen and listed on the Hong Kong Stock Exchange, has announced a significant investment in Bitcoin mining. According to a recent filing, the company has allocated approximately $13.5 million for the purchase of Bitcoin mining rigs, marking a substantial pivot towards cryptocurrency within its business model.

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President Bukele Proposes Bitcoin Investment Bank in El Salvador

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El Salvador’s President Nayib Bukele is advancing his economic agenda with a groundbreaking proposal to establish a private investment bank tailored for Bitcoin investors. This initiative aims to expand the financial services available to investors beyond what traditional banks offer, potentially transforming El Salvador into a hub for digital currency investments. Salvadoran Ambassador to the

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JPMorgan Doubts SEC Will Approve Solana ETFs

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Amid the evolving landscape of cryptocurrency regulations, JPMorgan has expressed skepticism regarding the potential approval of Solana and other crypto exchange-traded funds (ETFs) by the United States Securities and Exchange Commission (SEC). This comes in the wake of the SEC’s recent nod to Ethereum ETFs, stirring discussions within the financial sector. Nikolaos Panigirtzoglou, the managing

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Venezuela Intensifies Crackdown on Crypto Mining

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Venezuela has escalated its actions against crypto miners, announcing plans to disconnect all mining operations from the National Electric System (SEN). The country’s Department of Energy (MPPEE) revealed this decision in a recent Instagram post, stating the objective is to manage the high energy demand and maintain reliable service across the nation. Crypto mining, essential

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$73 Million Crypto Laundering Scheme Unveiled

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The U.S. Department of Justice (DOJ) has charged two Chinese nationals, Daren Li and Yicheng Zhang, for their roles in a massive cryptocurrency scam, culminating in at least $73 million in laundered money. This high-profile case highlights the ongoing issues surrounding digital currency fraud and the international efforts to combat these illicit activities. Daren Li,

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  • bitcoinBitcoin (BTC) $ 112,544.00 2.22%
  • ethereumEthereum (ETH) $ 4,124.53 3.54%
  • xrpXRP (XRP) $ 2.84 5.68%
  • tetherTether (USDT) $ 1.00 0.02%
  • bnbBNB (BNB) $ 823.47 2.54%
  • solanaSolana (SOL) $ 178.61 2.3%
  • usd-coinUSDC (USDC) $ 0.999819 0%
  • staked-etherLido Staked Ether (STETH) $ 4,118.51 4.08%
  • tronTRON (TRX) $ 0.347626 1.09%
  • dogecoinDogecoin (DOGE) $ 0.209446 4.75%
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