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‘Absolutely nuts’ — Crypto community reacts to X suspension in Brazil

Some members of the crypto community believe this could trigger a domino effect, with other countries potentially following Brazil’s lead. Members of the crypto community expressed their frustration on social media on Aug. 30 after a Supreme Court justice ordered the suspension of the platform X — formerly known as Twitter — in Brazil. “Brazil…
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Binance founder CZ receives support from crypto community as jail term starts

Once he completes his four-month sentence at Lompoc prison, Zhao plans to resume his involvement in cryptocurrency. Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, has reported to a low-security federal prison in Lompoc, California, to begin serving his sentence. According to a CNBC report, the information was verified with his legal team at…
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Republic First Bank closed by US regulators — crypto community reacts

Republic First Bank’s 32 branches across the United States will reopen under Fulton Bank starting April 27, according to the FDIC. United States regulators have closed Philadelphia-based Republic First Bank, marking the nation’s first banking failure of 2024. It has sparked debate among the crypto community amid Bitcoin , Ether and several altcoins slightly faltering…
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Republic First Bank closed by US regulators — crypto community reacts

Republic First Bank’s 32 branches across the United States will reopen under Fulton Bank starting next week, according to the FDIC. United States regulators have closed Philadelphia-based Republic First Bank, marking the nation’s first banking failure of 2024. It has sparked debate among the crypto community amid Bitcoin , Ether ETH, and several altcoins slightly…
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Binance exit sparks fears and opportunities in Nigeria’s crypto community

According to local crypto stakeholder Nathaniel Luz, Nigeria’s crypto ecosystem will see the rise of new crypto exchanges that will fill the vacuum created by Binance’s exit. Local cryptocurrency stakeholders have lamented the current ban on Binance naira operations in Nigeria, stating it will affect the livelihoods of many Nigerians and could increase youth unemployment…
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X launches dedicated payments account, crypto community speculates

Crypto reporters are hypothesizing about the potential for digital money installments on the stage following X sending off a devoted record for its impending installments highlight later in 2024. Elon Musk’s “beginning and end application” X (previously Twitter) has made a devoted record for its impending installments highlight, filling crypto local area hypothesis about whether…
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The crypto community is getting excited about Worldcoin

Key Points: The major features of Worldcoin, which include the issuance of tokens and retinal scanning equipment, have piqued the interest of a number of members and investors in the cryptocurrency industry. By providing a universal basic income, the initiative aims to revolutionize cryptocurrency distribution and use. There is skepticism regarding the project’s ethics and…
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