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In the ever-changing landscape of cryptocurrency, accurate reporting and data integrity hold significant importance. Recently, Ben Zhou, the CEO of Bybit, drew attention to the alarming discrepancies in liquidations reported by various exchanges. This insight not only raises questions about credibility in data reporting but also calls for an examination of the underlying market mechanisms
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On January 27, 2024, KuCoin, a prominent cryptocurrency exchange founded in 2017, reached a significant settlement with the U.S. Department of Justice (DOJ) by pleading guilty to operating an unlicensed money-transmitting business. This plea underscores a pivotal moment not only for KuCoin but also for the broader cryptocurrency landscape, especially relating to compliance and regulatory
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The cryptocurrency landscape has witnessed an unprecedented surge in the creation of new tokens, accelerating at a staggering rate that has the industry buzzing. Over 1 million new tokens are reportedly launched weekly, marking a new era of digital asset proliferation. This rapid innovation can be attributed to user-friendly platforms that enable individuals with limited
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In a significant move that affects the burgeoning digital finance sector, President Donald Trump signed an executive order on January 23 aimed at establishing a Presidential Working Group on Digital Asset Markets. This initiative signals a strategic pivot towards a potentially comprehensive approach to cryptocurrency regulation in the United States. Importantly, it places a firm
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The landscape of cryptocurrency regulation in the United States is evolving, with the recent introduction of the Staff Accounting Bulletin (SAB) 122 signaling a transformative move by the US Securities and Exchange Commission (SEC). In a marked departure from its predecessor, SAB 121, this new directive seeks to address significant regulatory impediments that have historically
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In recent months, users of Coinbase have experienced significant delays in processing Solana transactions. These delays have been particularly pronounced during periods of heightened trading activity, which has left many users frustrated. Specifically, the surge in activity surrounding Donald Trump-themed memecoins exacerbated existing congestion on the Solana network, preventing users from executing transactions promptly. Reports
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Aayush Jindal has emerged as a pivotal figure in the financial markets, boasting over 15 years of rich experience primarily embedded in the intricacies of Forex and cryptocurrency trading. His exceptional technical analysis skills have rendered him an invaluable asset to investors across the globe. Rather than merely offering advice, Aayush empowers traders to navigate