Kashkari: Crypto Is ‘Basically Useless’

From branding the market a "giant garbage dumpster" in 2020 to famously dismissing the sector as "95% fraud, hype, noise and confusion" in 2021, Kashkari has consistently argued that the technology offers no legitimate use case.

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MAGACOIN FINANCE audit passed — certified 100% secure, not a scam

The MAGACOIN FINANCE presale has been officially verified by Hashex, one of the world’s most respected blockchain auditing firms. According to the Hashex Audit Report, the project’s smart contract has been certified 100% secure, confirming that MAGACOIN FINANCE is a legitimate, fully verified crypto presale — not a scam.

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BlackRock adds $275M BTC ETF but retail rushes to a crypto to buy at just $0.035 already delivering 3.5x

BlackRock’s $275 million injection into a Bitcoin-backed crypto ETF has reassured Wall Street that the world’s largest asset manager sees digital assets as a legitimate long-term play. While institutional adoption at this scale signals stability for Bitcoin, retail investors are seeking something different: exponential growth.

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Satsuma’s $218m raise marks first major institutional Bitcoin allocation in UK

Satsuma’s landmark $218m capital haul, with $125m settled in Bitcoin, represents more than funding success. It represents the moment UK institutional investors formally embraced crypto’s reserve asset as a legitimate treasury holding.

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Crypto Criminals Traded Over $649 Billion in Stablecoins Last Year

Bitrace’s 2024 report shows stablecoins still play a significant role in crypto crime, but rising enforcement efforts and growing legitimate usage are helping curb criminal activity. The post Crypto Criminals Traded Over $649 Billion in Stablecoins Last Year appeared first on BeInCrypto.

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FBI seizes crypto scam domain tied to North Korea’s Lazarus Group

Hackers posed as tech recruiters in fake job interviews. Malware used to steal crypto wallets and credentials. Front firms traced to addresses in South Carolina and Buffalo. North Korea’s covert cyberwarfare strategy has taken a new turn, with US federal investigators uncovering an elaborate crypto-related malware campaign run by front companies posing as legitimate tech […] The post FBI seizes crypto scam domain tied to North Korea’s Lazarus Group appeared first on CoinJournal.

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Australia shuts down 95 firms with ties to crypto pig butchering scams

Australia has cracked down on 95 companies that are believed to have operated crypto investment and romance scams under the guise of legitimate businesses. In its latest enforcement action against cryptocurrency crimes, the Australian Securities and Investments Commission confirmed in…

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‘They are making $200M/yr off this:’ How DEX Screener became hub for predatory investors and crypto scammers

DEX Screener is facing criticism for allegedly promoting scam tokens, with claims that it prioritizes paid listings over legitimate projects. DEX Screener was once a go-to tool for tracking decentralized exchange activity. Traders relied on it to find new tokens…

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How to Use UPay Card to Pay Merchants In Crypto

Crypto’s not just about holding or trading anymore—it’s becoming a legitimate way to pay for stuff. Imagine unlocking a world where your crypto seamlessly powers everyday purchases—a coffee, a plane ticket, or even a night out.

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Vietnam police crack down on crypto mining scam, recover 4 billion dong

Victims were invited to training sessions to make the scam look legitimate.

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What is a crypto airdrop, and how does it work?

What are crypto airdrops, and are they worth it? This guide explains how airdrops function, the potential benefits and risks, and how to find legitimate opportunities.

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Historic Data Confirms Parallels Between the Dogecoin Price 2021 Rally and RCOF: How Far Can It Rise?

The iconic 2021 Dogecoin price rally made waves in the crypto world, a rise that took it from meme status to a legitimate force in the market. As Dogecoin (DOGE) soared, investors were drawn to the sheer unpredictability and profit potential of altcoins.

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Warning! Most Cloud Mining Platforms Are Scams

'Cloud mining' schemes are among the most prevalent forms of crypto fraud. While there may be legitimate platforms, Brave New Coin's research over several years has not identified any cloud mining operations that weren't fraudulent.

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BlackRock CEO says Bitcoin is an opportunity: Bullish for Bitcoin Dogs?

Bitcoin is a legitimate financial asset that offers new opportunities, says BlackRock chief executive officer Larry Fink. What does this mean for other cryptocurrencies like Bitcoin Dogs (0DOG)? Bitcoin is a legitimate financial asset, Larry Finks says While the Blackrock CEO acknowledges his previous skeptical stance around Bitcoin and crypto, he says he’s learned about […] The post BlackRock CEO says Bitcoin is an opportunity: Bullish for Bitcoin Dogs? appeared first on CoinJournal.

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Balancing mass adoption and self-sovereignty in crypto ETFs

The following is a guest post by Jonathan Yark. The introduction of the Bitcoin and Ether ETFs mark a critical turning point for the digital asset industry, signifying crypto’s recognition as a legitimate asset class by traditional markets.

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Compound crypto governance attack: 'Cunning' scheme or legitimate play?

Compound crypto DAO experienced a governance attack by the Golden Boys, led by Humpy. Proposal 290 aims to introduce delays in governance actions to prevent future attacks. In a surprising dThe post Compound crypto governance attack: 'Cunning' scheme or legitimate play? appeared first on AMBCrypto.

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“Bitcoin is a legitimate financial instrument,” says BlackRock CEO

BlackRock's endorsement of Bitcoin as a legitimate financial instrument could significantly boost institutional adoption and market confidence in cryptocurrencies. The post “Bitcoin is a legitimate financial instrument,” says BlackRock CEO appeared first on Crypto Briefing.

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Bitcoin For Uncle Sam? Lawmaker Wants You To Pay Taxes In Crypto

Florida Congressman Matt Gaetz has ignited a fresh debate on the intersection of cryptocurrency and traditional finance. This week, Gaetz introduced a bill proposing Bitcoin (BTC) as a legitimate payment method for federal income taxes in the United States.

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Dogecoin’s Resilience Redefines Crypto: Are Memecoins Becoming a Legitimate Asset Class? Experts Highlight These DOGE Metrics

The resilience of memecoins like Dogecoin has ignited a heated discussion about the legitimacy of such assets. Despite being born as a satirical take on the crypto craze, Dogecoin has defied expectations by bottoming at $8 billion market cap amid the market turmoil lately.

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Goldman Sachs Maintains Crypto Skepticism Amid Contradictory Actions And Bitcoin ETF Surge

In a recent interview, Sharmin Mossavar-Rahmani, the chief investment officer of Goldman Sachs Wealth Management, expressed her skepticism towards cryptocurrencies, including Bitcoin (BTC).  Despite the notorious growth in trading volume and institutional adoption of Bitcoin through the approved spot Bitcoin exchange-traded funds (ETFs), Mossavar-Rahmani emphasized that Goldman Sachs does not consider cryptocurrencies a legitimate investment […]

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Fake Uniswap $10 million airdrop reported as several prominent crypto media scammed

A sophisticated social engineering campaign successfully duped several prominent crypto news outlets into promoting a fabricated $10 million Uniswap airdrop on Feb. 16. The scammer, posing as a Uniswap Foundation representative, offered coordinated publicity in tandem with the legitimate Uniswap v4 announcement.

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Security Firm Exposes 3 Telegram Channels Promoting Crypto Scams

Security firm CertiK has uncovered a scam operation across three Telegram channels promoting fake crypto tokens, causing financial losses of around $3. 2 million. The scammers, potentially based in the UK, initially offer legitimate trading advice before promoting fraudulent tokens.

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This Crypto Is up 37,000% – but Is It a Scam?

The 2-year-old cryptocurrency project gives 38% staking rewards. Is the project legitimate or a scam?  The post This Crypto Is up 37,000% – but Is It a Scam? appeared first on BeInCrypto.

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Sneaky fake Google Translate app installs crypto miner on 112,000 PCs

Dressed up as legitimate desktop software, this sneaky malware has infected thousands of machines across 11 countries, forcing them to unknowingly mine Monero (XMR).

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Crypto mining malware impersonates Google translate desktop, other legitimate apps

Israeli-based cyber threat intelligence firm, Check Point Research (CPR) unmasked a malicious crypto mining malware campaign dubbed Nitrokod as the perpetrator behind the infection of thousands of machines across 11 countries in a report published on Sunday.

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SHIB, DOGE, BTC and ETH Now Accepted by One of Oldest Swiss Business Travel Companies

116-year-old Swiss travel firm recognizes crypto as legitimate payment method

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United Kingdom Will Not Require KYC for Unhosted Wallets

The U.K. Treasury has decided to rescind its requirement for crypto companies to compile the personal information of self-custodied wallet users, citing privacy concerns. Unhosted Wallets for Legitimate Purposes The...

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UK Aims to Become Global Crypto Hub, Exchequer Says

Among initial steps will be legislation to recognize stablecoins as legitimate vehicles for payments.

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The Play-to-Earn Gaming Ecosystem is Gradually Evolving Into a Legitimate Source of Income

Play-to-earn (P2E) games have become one of the most active crypto niches within the past year. This new gaming model is based on blockchain technology, with Non-fungible tokens (NFTs) representing in-game items.

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ADALend: Protocol Efficiency ON CARDANO In Handling Interest Rates

In order to diversify their portfolios, crypto traders turn to fixed-income instruments like bonds and stocks. A substantial economic force to be reckoned with, the cryptocurrency market is a legitimate source of debt securities that are no less reputable than their equivalents.

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Are NFTs the Future of KYC in Crypto?

Over recent years, cryptocurrencies have undergone a remarkable transition, moving from being the “wild west” of the financial world to a legitimate asset and means of payment for millions of people.

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How NFTs Are Changing the Face of Crypto Trading Contests

Play-to-earn games have made a big splash in the online gaming market. Here’s all you need to know about NFTs. With the recent success of NFT games like Axie Infinity and Gods Unchained, the gaming market has had no choice but to take a long hard look at play-to-earn games as a legitimate entry into […]

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Russian President Vladimir Putin Accepts Crypto Payments in Russia

Earlier today, Russian President Vladimir Putin announced that he accepts cryptos as a legitimate currency for making payments in Russia. In a recent interview, he said that he supports the adoption of digital currencies.

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Indonesia’s Central Bank Bans the Use of Crypto as Payment Method

The Bank of Indonesia (BI) has banned the use of cryptocurrency as a means of payment, stating that the payment method is not legitimate in the country.  Crypto as Payment Tool Not Legitimate in Indonesia According to Tempo on Tuesday (June 15, 2021), Perry Warjiyo, the governor of the Bank of Indonesia, stated that financialRead More

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Elizabeth Warren compares 'bogus' crypto to 'legitimate' CBDCs in senate hearing

"The threats posed by crypto show that congress and federal regulators can't continue to hide out, hoping crypto will go away," said the Massachusetts senator.

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Dogecoin Becoming A Legitimate Asset In The Crypto Space – What This Means For The Meme Coin

When Dogecoin came into the crypto market, many expected the apparently very funny joke to just get people laughing and then fade off. However, this expectation has been met with immense hysteria. DOGE has continued to entrench itself deeper into the inner workings of the crypto market.

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American Residential Warranty (ARW) Invests in Bitcoin (BTC)

American Residential Warranty (ARW) has announced that it’s now adding bitcoin (BTC) to its balance sheet and will accept the world’s flagship crypto as a legitimate payment option for its services. ARW Joins the Bitcoin Movement  American Residential Warranty (ARW), a Florida-based home warranty plan company established in 2009, has revealed via a recent statementRead More

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Crypto Bank Expands in India — Confident Government Will Approve Legitimate Use of Cryptocurrencies

Crypto bank Unicas, a joint venture between Cashaa and United Multi State Credit Cooperative Society, has expanded its operations by opening another physical branch. The bank believes that the Indian government will introduce positive crypto regulation and not impose an outright ban on cryptocurrencies such as bitcoin.

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American Cancer Society Now Accepting Bitcoin and Altcoin Donations 

American Cancer Society has recognized bitcoin (BTC) and other blockchain-based digital assets as legitimate payment methods. The 103-year-old voluntary health organization has now launched a cancer fund exclusively funded by crypto donations.

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Treasury Secretary nominee says crypto has potential to improve the financial system

Janet Yellen added that she planned to encourage the use of digital assets for “legitimate activities.”

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Janet Yellen Offers US Senate a More Nuanced Take on Crypto

“I think we need to look closely at how to encourage their use for legitimate activities while curtailing their use for malign and illegal activities,” Janet Yellen wrote.

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Dutch Crypto Exchanges Want a Screenshot of Your Wallet to Prove the Legitimate Ownership of BTC

Bitcoin exchanges in The Netherlands are taking additional verification measures regarding BTC addresses in reference to the Dutch Central Bank (DNB)’s Sanction Act. One such exchange Bitonic announced on Monday that it is now “forced” by the DNB to provide additional details regarding the intention behind BTC purchases and the kind of wallet you are […] The post Dutch Crypto Exchanges Want a Screenshot of Your Wallet to Prove the Legitimate Ownership of BTC first appeared on BitcoinExchangeGuide.

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Coinbase received 1,914 Law Enforcement Information requests this year!

Coinbase has published a "transparency report" that also revealed how the leading crypto exchange has received 1,914 “legitimate government” requests in 2020. According to Coinbase, these requestsThe post Coinbase received 1,914 Law Enforcement Information requests this year! appeared first on AMBCrypto.

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Instagram crypto scams have rapidly increased this year

A new wave of scam artists are running amuck on Instagram, harming legitimate crypto...

The post Instagram crypto scams have rapidly increased this year appeared first on Coin Journal.

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‘Crypto Instagram’ Is Becoming a Thing, Scams and All

Scams are running rampant on Instagram in 2020 – even as legitimate crypto entrepreneurs are increasingly using the platform for business.

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Why Banks Are the Key to Crypto Adoption in the United States

Coinspeaker Why Banks Are the Key to Crypto Adoption in the United StatesWhile countries are recognizing cryptocurrencies as legitimate forms of currency, it seems that the future of crypto adoption has never been brighter.

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Introducing the CoinDesk 20: The Assets That Matter Most in Crypto

Based on "real volume" from eight reputable exchanges, these 20 digital assets attract most of the sector's legitimate trading activity.

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Bitcoin Double-Spends an Inevitable Network Feature, Legitimate or Not

Reports of double-spending keep plaguing crypto firms and investors alike. Will this issue ever be resolved, or is it here to stay?

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Professor Steve Hanke Explains How Crypto Can Become Legitimate Currency

Crypto has to be pegged to a basket of commodities to become a legitimate currency, according to economist Steve Hanke

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