NFTs to appear on Facebook, cross-post with Instagram as Meta Web3 expansion continues

Facebook will support nonfungible tokens (NFTs) with a “digital collectibles” tab on creators’ timelines to display their work. Meta technical program manager Navdeep Singh displayed screenshots of NFTs and a creator’s page Thursday on Twitter.  A spokesperson for Meta, the parent company of Facebook, told TechCrunch the same day that the rollout of NFTs on […]

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New York Environmental Regulators Deny Greenidge’s Power Plant Permit

In a statement shared with CoinDesk, Greenidge said the decision would not “have any impact on our current operations in Dresden.” The company said it will continue to operate under its current air permit, which is still in effect, “for as long it takes to successfully challenge this arbitrary and capricious decision.”

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Coinbase providing customer geolocation data to ICE: Report

A new report has indicated that crypto exchange Coinbase has provided Immigrations and Customs Enforcement (ICE) agents with a “suite of features” intended for tracking the company’s customers. According to the report, ICE has been granted access to an intelligence-gathering application, called Coinbase Tracer, that provides a variety of forensic data tracking capabilities. U.S. Immigration […]

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MicroStrategy is buying the dip – Should you follow their lead?

With smart money digging in, Bitcoin and Ethereum come across as worthy buys in the crypto dip. Key points: Smart money is buying crypto and could be a leading indicator that the market could rebound. Following the lead of institutional money, Bitcoin and Ethereum could be worthy buys today. MicroStrategy is buying the current Bitcoin […]

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The safest cryptocurrencies to buy in the bear market

These three make for value buys now that they are trading at record lows Key points: While the market is heavily bearish, BNB, ATOM, and BAT have strong odds for long-term growth.  These three are not only trading at record lows, but they also have fast-growing adoption. This could influence their value appreciation long term.  […]

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Polkadot’s DOT bearish weakness to accelerate if the $6.5 level fails to hold

Polkadot is regarded as the blockchain of blockchains. Native token DOT has been bearish slightly above the $6.5 support. If DOT breaks below $6.5, the price could fall further to $4. Polkadot’s native token DOT/USD is trading at 6.73. The price is close to or at a support of $6.5, the lowest since January 2021. […]

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Does Solana’s token SOL have a bullish case after recent gains?

Solana’s SOL has recovered from the bottom of $32. Solana is touted as an Ethereum killer, but frequent network issues are a concern. Price is yet to find lasting bullish momentum as resistance at $42 keeps it lower. As most cryptocurrencies trade at multi-year lows, price bottoms are perfect buying opportunities. Solana SOL/USD, one of […]

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What is the bull case for Request Network’s REQ?

Request Network powers payments through the blockchain Request Network token gained 58% in one day  REQ could crash as bearish signals emerge at resistance Request Network’s token REQ/USD was the talk of traders on Thursday. The crypto-token posted impressive gains of 58.21% in 24 hours, according to Coinmarketcap. The total trading volume rose by 2,654% […]

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CFTC brings $1.7B fraud case involving Bitcoin against South African national

The United States Commodity Futures Trading Commission, or CFTC, has taken enforcement action against a South African national in what the regulatory body called its “largest fraudulent scheme involving Bitcoin.” In a Thursday announcement, the CFTC said it had filed a civil enforcement action in federal court for fraud and registration violations against Cornelius Johannes […]

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Report: Short Bitcoin ETF attracting a lot of attention

The crypto crash has pushed up interest in short Bitcoin ETFs, with the ProShares Short Bitcoin Strategy ETF (BITI) seeing massive daily inflows since it launched a little over a week ago. Data from crypto analytics firm Arcane Research cited by Forbes showed interest in the ProShares inverse ETF, which allows investors to bet on […]

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