aihamaj50

@aihamaj50

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Sick little dog Its runny nose just can't stop Yellow snot everywhere

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The regulator has also recently announced it had dropped its investigation into non-fungible token (NFT) companies Yuga Labs and OpenSea, and crypto exchanges Gemini and Uniswap Labs.

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It’s the latest crypto-related lawsuit the SEC has agreed to drop. It has previously dropped cases against crypto exchanges Coinbase and Kraken, along with crypto firm Consensys.

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Expanding on MetaMask’s transition to smart transactions, the wallet provider will also implement ERC-5792, known as batched transactions, where users can perform common sequences of transactions like “Approve & Swap” in one click, saving them time and fees.

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The firm recorded heavy expenses, having increased its total self-mining hashrate to around 13.5 exahashes per second (EH/s) through upgrades of its site in Odessa, Texas, acquiring another data center site in Texas with 100 megawatts capacity, and buying an additional 337 acres adjacent to its site near Barber Lake in Texas.

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“These changes ultimately ensure Kraken remains compliant and is able to provide its exceptional trading experience to European clients for the long term,” the company stated in an announcement.

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To comply with Europe’s MiCA regulation, crypto exchange Kraken said it would delist five stablecoins, including Tether’s USDT, starting March 31.

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Three of the men are charged with helping collect the money, while the fourth is charged with contributing to money laundering.

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The state-run Norwegian Broadcasting Corporation (NRK) reported on Feb. 17 that the four alleged schemers are all Norwegian men in their 50s, 60s and 70s who operated the scheme between March 2015 and November 2018.

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“The use of client accounts and company structures in Norway and internationally has complicated the work of uncovering what happened to the money,” Økokrim said.

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Norwegian authorities also alleged that over 700 million Norwegian kroner ($62 million) was laundered through the accounts of a local law firm and other accounts of several different companies in Asia.

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kokrim claims the scheme made “no significant investments” beyond these deposits and had no earnings while existing investors recruited fresh investors from friends and acquaintances.

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Each new wave of crypto adoption brings in more users who see digital assets as a tool to solve everyday tasks. These tasks often involve fiat currencies — so the demand for solutions seamlessly integrating crypto and traditional financial systems is growing. Mass users like convenience, and a smooth flow between two types of money is a requirement to deliver it.

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The FCA study clearly shows a demand for crypto-fiat bridges among UK users. In 2024, 43% of digital asset owners reported converting crypto to fiat, up from 33% in 2022. 13% of users said they purchased other financial products with crypto. Every fifth British crypto owner has used it to buy goods and services.

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The FCA research highlights that the appetite for crypto assets in the UK has soared, moving beyond early adopters, tech-savvy enthusiasts and “gamblers.” Broader audiences are now exploring the potential of crypto for investment, payments and remittances. They seek lasting value rather than immediate profits — and pursue sustainable crypto use cases that often involve tight integration with the fiat system.

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Last, but not least, the share of those buying crypto for a political choice or ideological reason reduced from 16% in 2021 to 9% in 2022, remaining at the same level in 2024. This data point suggests that people are increasingly buying crypto for pragmatic reasons rather than out of belief in the philosophy and values of decentralization.

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The mean value of crypto holdings increased from 1,595 British pounds to 1,842 pounds ($2,334). The proportion of investors keeping a more significant stake also surged: 19% of the study participants reported holdings between 5,001 and 10,000 pounds in crypto, compared to just 6% two years ago.

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Recent Financial Conduct Authority (FCA) research demonstrates how quickly the British have embraced digital currencies. 12% of adults in the UK own crypto, which translates to roughly 7 million users — compared to 10% (5 million) in 2022.

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As cryptocurrency goes mainstream in the UK, British businesses must introduce crypto solutions for their customers; otherwise, they risk falling behind in the competition.

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About 7 million people in the United Kingdom own cryptocurrencies — up from 5 million— amid a notable shift toward sustainable and pragmatic use cases. If the adoption rate grows, the British digital assets industry will onboard millions of new users in the coming years, sparking demand for simplified money flow between the crypto and fiat economies.

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