While the reason behind the three hour, system-wide outage remains unknown, some users are still unable to transfer or withdraw their funds from the exchange.
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Since its inception, Tether has frozen over $1 billion worth of assets linked to illicit activities on demand from law enforcement agencies.
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The Poloniex hacker moved over 17,800 Ether (ETH) from six different wallets into a single Tornado Cash address.
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Australia’s largest global digital asset exchange, OKX, has firmed its reach in Australia after a year of groundwork since opening a Sydney office in May 2023. The expanded platform will provide open access to spot trading for all users and derivatives trading for verified wholesale clients transparently and compliantly to cryptocurrency trading and decentralized finance. The expanded platform features the largest in the region, which enables direct deposits and withdrawals in AUD, comprising 170 crypto spot pairs and 85 tokens, including major cryptocurrencies like Bitcoin and Ethereum.
The strategic importance of this launch is supported by the enthusiastic adoption of crypto in Australia, where more than 31.6% of the population engaged in the trade by July 2023. Therefore, the increasing demand and ownership of digital currencies have set the scene right for OKX to meet the growing market expectation of a safe and easy-to-use platform with a strong banking integration. This comes along with increased regulation and safety in the crypto space within the country.
Crypto exchange Coinbase has suffered a ‘system wide’ outage, rendering platform unusable.
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The expansion comes 12 months after the firm announced its intention to expand down under.
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Only 157 new Runes were etched on Bitcoin on May 13, which contributed to just $3,835 in transaction fees paid to Bitcoin miners.
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Following the return of Keith Gill — also known as “Roaring Kitty” — traders are keeping their eyes peeled for the next big stock or crypto rally — but analysts aren’t so sure.
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A major ChatGPT upgrade, dubbed GPT Omni, allows the chatbot to interpret video and audio in real-time and speak more convincingly like a human.
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New Hampshire State Representative Keith Ammon is one of the key figures in the push for a massive public debate on whether the state should diversify its financial reserves into Bitcoin ETFs. On X, Ammon lamented how it was a lost opportunity after he had called for the state to invest 5% of its 2016 rainy day fund into Bitcoin, now that the investment would be worth almost $473 million and reflect a return of 10,000%. He added that large investors, including sovereign wealth funds and pensions, were beginning to accept Bitcoin, a fact underscored by recent insights from BlackRock and speeches by Fidelity’s Vice President of Digital Assets, Manuel Nordeste.
Ammon also pointed to a prediction made by Cathie Wood of Ark Invest, in which she had suggested the value of Bitcoin could surge to $3.8 million per unit by 2030 if institutional investors invested over 5% of their portfolios in the cryptocurrency. He further went on to suggest that similar investments could see New Hampshire’s $290 million rainy day fund grow to almost a billion dollars by 2030, thus accounting for some considerable state liabilities and indicating a serious move into financial innovation. That would fulfill the duties of a fiduciary, all while the Federal debt is growing, and it would potentially flip Bitcoin as a major electoral issue.