May 5, 2024
Crypto

Future FinTech Enters into New Bitcoin Mining Hosting Agreement for its Cryptocurrency Farm in Norwalk, Ohio

NEW YORK, April 30, 2024 /PRNewswire/ — Future Fintech Group Inc. (NASDAQ: FTFT), (hereinafter referred to as “Future FinTech”, “FTFT” or the “Company”), a comprehensive financial and digital technology service provider, announced today that on April 15, 2024, its wholly-owned subsidiary, FTFT SuperComputing Inc. (“FTFT SuperComputing”), signed a data mining hosting agreement (the “Agreement”) with Tech Solution Inc.

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Crypto

Here’s How Insiders Turned $6K Into $8 Million in a Day

The cryptocurrency market is renowned for its unpredictable nature and it was witnessed through the downturn that it is experiencing today. Bitcoin [BTC] recorded a 2.3% daily drop and was trading at $62,300, at press time. Amid these market fluctuations, a relatively lesser-known token TIM is currently making news. Insiders have reportedly transformed a modest

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Crypto

Venezuelan Politician Warns of Crypto Use for Money Laundering

Venezuela is reportedly expected to increase its use of cryptocurrency when the United States reimposes oil sanctions on the country beginning June 1. A Venezuelan opposition politician, Leopoldo Lopez, and a national security leader at New York-based blockchain data firm Chainalysis, Kristofer Doucette, released a report Monday (April 29) saying that democratic governments should set up structures to

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Crypto

Stripe Is Bringing Back Crypto Payments, Citing ‘Real Utility’

Crypto payments have traditionally suffered from a pervasive “cold start” problem. Among other issues hamstringing the integration of blockchain-based digital assets as a payments mechanism, many potential customers simply don’t own any crypto and therefore can’t use it to carry out transactions. And that doesn’t really incentivize merchants to embrace crypto payments as an offering.

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Crypto

Why Elon Musk wants to bring crypto to X

Since Elon Musk bought Twitter and rebranded it to X, the 52-year-old has perpetually been at the centre of the news cycle for his various business decisions. From removing the verified feature to banning the term “cisgender” on the platform, he’s been an interesting owner of the social media platform. Musk has previously stated his

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Finance

FIU notifies fresh terror financing reporting alerts for capital markets | Finance News

A fresh set of ‘alert indicators’ have been issued by India’s financial intelligence unit (FIU) for capital markets, insurance companies, online payment gateway intermediaries and crypto currency service providers for effective checking of suspicious transactions in their channels as part of the anti-money laundering and counter-terrorism financing regime. These new guidelines have been issued under

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Crypto

Investors and VCs must embrace crypto financial services in 2024

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Crypto startups secured over $90 billion in funding by February 2024, with over 230 deals and almost $1.3 billion in the year’s start. Venture capitalists mainly funded decentralized finance, infrastructure, blockchain gaming,

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Crypto

Why Bitcoin Continues to Lead the Pack in Cryptocurrency Market

Unraveling the Phenomenon: Why Bitcoin continues to lead the pack in the cryptocurrency market In the cryptocurrency world, Bitcoin reigns supreme, the most recognized and inspiring cryptocurrency that many investors, men traders, and enthusiasts all over the world follow. Yet, Bitcoin is still the navigator among the variety of altcoins and blockchain technology developments. Bitcoin

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Crypto

Forbes Unveils 20 Crypto ‘Zombies,’ Declares Ripple And XRP Among The Undead

In a controversial report, Forbes unveiled a list of 20 “crypto billion-dollar zombies,” Layer 1 (L1) tokens, which the news outlet defines as crypto assets with substantial valuations but “limited utility beyond speculative trading.”  These cryptocurrencies and projects include Ripple, XRP, Ethereum Classic (ETC), Tezos (XTZ), Algorand (ALGO), and Cardano (ADA), among others.  XRP And

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Crypto

BlockDAG, Shiba Inu & Polygon in the Cryptocurrency Market 2024

The crypto universe recently witnessed a bold move, where a Shiba Inu (SHIB) whale recently acquired over 2 billion tokens. Meanwhile, Polygon’s (MATIC) price target of $0.8 is generating debate, highlighting its growing adoption and utility. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Amid these events, the crypto community’s attention is hooked on the newly evolved miner powerhouse

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