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The Deceptive Practice of Wash Trading Plagues Decentralized Cryptocurrency Exchanges
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. The decentralized cryptocurrency exchange (DEX) landscape has been grappling with a pervasive concern known as wash trading, as highlighted in a recent report by Solidus Labs. This deceptive practice, which artificially inflates trading volumes, is jeopardizing the trustworthiness of these supposedly trustless…
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Republican-Backed Bill Challenges Biden Administration’s CBDC Plans
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. In a recent press conference on Central Bank digital currencies (CBDCs) and crypto, Congressman Tom Emmer, the US House Majority Whip and prominent Republican, addressed the House Republicans’ commitment to fulfilling promises made to the American people. Central to their agenda is…
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Ripple vs. SEC: The Ongoing Legal Battle Intensifies
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. There have been recent developments in the legal confrontation between Ripple and the US Securities and Exchange Commission (SEC) that highlight the likelihood of a protracted and hard-fought battle. Ripple’s President, Monica Lang, has indicated that the company is determined to see…
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The Lazarus Group’s Involvement in the Recent CoinEx Crypto Exchange Hack
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. In a shocking revelation, cybersecurity firm SlowMist and on-chain analyst ZachXBT have uncovered the involvement of the notorious North Korean hacker group, Lazarus Group, in the recent CoinEx crypto exchange hack. This discovery sheds light on the increasingly sophisticated tactics employed by…
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Whales Sell Dump ARB Despite Losses – A Deep Dive into Arbitrum’s Price Struggles?
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. Since its launch earlier this year, the price of Arbitrum (ARB) has faced significant challenges. Emerging in a bear market, the altcoin has experienced a consistent decline in value, triggering panic-selling among investors. Surprisingly, even the large-scale holders, known as whales, have…
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Bitcoin Short-Term Holder Supply Faces Unrealized Losses
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. Glassnode’s recent on-chain data reveals a concerning trend for Bitcoin short-term holders (STHs). An overwhelming majority, 83.7% of the STH supply, is currently facing unrealized losses. In this article, we examine the significance of this indicator and delve into the contrasting fortunes…
The Global Banker 