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Showing posts from April, 2023

XEX Crypto Issues Warning Against Discord Channel Malicious Activity

Decentralized financial payment network XEX Crypto just issued a warning to its users regarding a potential scam that has affected their Discord channel. The company advised all users not to engage with any content from the channel, particularly xexcrypto.art, as it is associated with malicious activity. **SCAM WARNING** Our discord has been compromised, do not interact with anything from the discord, especially https://t.co/sMwZdfXi30. This is a scam site acting maliciously, https://t.co/Y1JlOkMybf is our only website. Our twitter is safe, so only take updates from us on… — XEX – FREE Mint (@XEX_Crypto) April 29, 2023 Moreover, XEX Crypto clarified that xexcrypto.com is their only legitimate website and urged users to exercise caution when interacting with any links or messages from the affected Discord channel until further notice. They also recommended users only take updates from their Twitter account, which they assured is safe. XEX Crypto promised to...

Brazil Bans Telegram Temporarily Due to Alleged Lack of Collaboration in Fight Against School Violence

A federal judge in Brazil has ordered the temporary suspension of Telegram in the country and established hefty fines due to the supposed lack of collaboration of the company in a national crusade against school violence. Telegram failed to deliver information regarding the actions it is taking against neo-Nazi groups, and now it has been blocked by most internet providers in Brazil. Brazil Blocks Access to Telegram Apps A federal judge ordered a nationwide ban on Telegram, the popular messaging app, on April 26, due to its perceived lack of collaboration in a push against school violence. The company behind the app failed to turn over documents regarding the existence of neo-Nazi groups and the measures it is taking against them on Telegram, according to reports from the local journal O’Globo. In addition, the Brazilian justice system is also fining Telegram for this lack of collaboration to the tune of 1 million Brazilian reals (approx $200,000) for each day that passes witho...

Systemic Swiss Banks Not Ready for Crisis, Regulator Says

Switzerland’s financial regulator is not satisfied with the emergency plans of two of the Alpine nation’s five major banks. The assessment refers to a period prior to the rescue of Credit Suisse by UBS when the authority viewed the troubled giant’s preparedness in positive terms. 2 Swiss Banks Unable to Implement Recovery Plans, Finma Finds The Swiss Financial Market Supervisory Authority (Finma) considers insufficient the crisis plans of two of Switzerland’s main banks, Reuters reported. The regulator is not certain if Zürcher Kantonalbank (ZKB) and Postfinance will be manage to continue to operate in case of a crisis. ZKB’s emergency plan is not yet ready to implement as the bank has not reserved sufficient capital for recapitalization while Postfinance “must realign its emergency recapitalization strategy,” Finma stated in an announcement on Wednesday. The two are among the country’s five “systematically important banks,” along with Credit Suisse, UBS, and Raiffeisen. Th...

PepsiCo CEO Kate Brady Urges for Better Regulations to Boost Web3 Adoption

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Join Our Telegram channel to stay up to date on breaking news coverage Kate Brady, who heads the Next Gen DTC Connections and Innovation team at PepsiCo, recently spoke at the CoinDesk Consensus 2023 conference in Austin, Texas. She highlighted the challenges that companies face in rolling out Web 3 strategies due to a lack of regulatory clarity. She highlighted that complying with existing regulations is difficult because they are outdated and do not account for Web3 technologies. This situation limits the potential of Web3 to deepen relationships with customers and audiences. Industry Experts Agree With Brady On Need For Better Regulations Many brands, including Reddit, Starbucks, Nike, Adidas, and PepsiCo, have integrated Web3 and non-fungible tokens (NFTs) into their strategies to deepen their relationships with their customers. However, regulatory unclarity has been a challenge for them due to the recent enforcement activity in the US. “We have to structure ourselv...

WOO Network Price Prediction 2023-2030: Will WOO Price Hit $1 Soon?

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WOO Network, according to some, is one of the most amazing cryptocurrencies to rise this year (WOO).  WOO Network is a centralized finance (CeFi) and decentralized finance (DeFi) service system aimed to provide greater liquidity to cryptocurrency market players. The WOO cryptocurrency is the network’s native token, allowing holders to vote on network modifications. It may also be staked in exchange for prizes and purchased, sold, and exchanged on exchanges. If you are interested in the future of WOO Network (WOO) and would want to know the price Analysis and price prediction of WOO for 2023, 2024, 2025, 2026, up to 2030, keep reading this Coin Edition article. Table of contents WOO Network (WOO) Overview What is WOO Network (WOO)? Analysts’ Views on WOO Network WOO Network Current Market Status WOO Network Price Analysis 2023 WOO Network Price Analysis – Bollinger Bands WOO Network Price Analysis – Relative Strength Index (RSI) WOO Network Price Analysis – Mo...

Truth About Mt Gox Bitcoin Transfer News That Led To BTC Crash

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Also Read: What’s Ahead For Dogecoin 6 Months After Elon Musk Twitter Takeover advertisement Earlier, popular Twitter account focused on crypto news, DB (tier10k), tweeted quoting an Arkham Intelligence alert that said Mt Gox and US government wallets were making transactions. Although the Bitcoin price had already fallen by the time the tweet was published, Arkham later clarified that the alert was erroneously set to a “small subset of users,” which apparently included DB. Arkham Explains Bug Fix The World’s first licensed Crypto Casino. Begin your journey with 20% cashback up to 10,000 USDT. Signup Ad Following this, Arkham explained that they had just fixed a bug related to Bitcoin alerts. The fix effectively made them to no longer send alerts to a the users. Further, Arkham said DB had earlier set alerts on Bitc...

US Senator Ted Cruz Says He is "Incredibly Bullish on Bitcoin"

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US Senator Ted Cruz has recently stated he is “incredibly bullish on Bitcoin.” Moreover, the Senator says he “bought the dip,” in regard to the digital asset that just surpassed a $30,000 price earlier today.  Moreover, Cruz stated his belief that Bitcoin was firmly cemented as “the alpha in the crypto sphere.” Conversely, the token has seen a surge over the past 24 hours, as it is still up more than 7.5% despite retreading toward the $29,000 mark. JUST IN: US Senator Ted Cruz says he is "incredibly bullish on #Bitcoin" and he "bought the dip." pic.twitter.com/FT1a7A0FyL — Watcher.Guru (@WatcherGuru) April 26, 2023 US Senator Bullish on Bitcoin Speaking today, US Senator Ted Cruz stated that he is “incredibly bullish on Bitcoin.” Additionally, the US politician stated that he “bought the dip,” signaling that he purchased the digital asset in the midst of an overall market downturn.  Cruz has been connected to digital assets for some tim...

Bitcoin Price Reversal from a Healthy Retracement Level Hints 6% Jump; Enter Today?

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In the daily time frame chart, the Bitcoin price showed a sharp reversal from local support of $27000. This sudden change in market sentiment could be associated with the news spread of the First Republic Bank collapse as it faced massive outflow. Amid the US bank crisis in March 2023, the Bitcoin price witnessed a significant rally suggesting its hedge power against the falling banking sector. Can this fresh recovery regain the $30000 mark? advertisement Key Points: The Bitcoin price reversal from the 23.6% FIB indicates a higher possibility for uptrend continuation. A bullish breakout from $291510 encourages BTC price to a 6% jump The intraday trading volume in Bitcoin is $21 Billion, indicating a 37% gain. Source-Tradingview On April 24th the Bitcoin price rebounded from a combined support of $27000 and a 23.6% Fibonacci retracement level. The bullish rally driven by the possibility of First Republic Bank collapse surged the co...