Author name: Peter

The Future of El Salvador: President Nayib Bukele’s Bid for a Second Term

The Constitutional Framework In recent weeks, speculation has been rife in the Salvadoran media about President Nayib Bukele's potential bid for a second term in office. Previously, it was believed that Salvadoran presidents were limited to a single five-year term. However, a landmark Supreme Court ruling has opened the door to the possibility of a […]

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Worldcoin Adjusts Token Strategy; Shifts Orb Rewards and Alters Market Maker Agreements

Worldcoin Updates Token Supply and Loan Agreements Worldcoin, a project that utilizes iris biometrics for creating a unique human identity database, announced on Sunday that it is making changes to the distribution of its circulating WLD token supply and its market maker loan agreements. The project, which was launched in July, will be reducing the

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Bitcoin: A Hedge Against Inflation, According to Mexican Billionaire Ricardo Salinas

The Importance of Bitcoin in Protecting Against Inflation Mexican billionaire Ricardo Salinas believes that bitcoin can serve as a safeguard against inflation. He argues that people's savings are being eroded without their consent or knowledge due to the devaluation of currency. Salinas emphasizes that the debasement of currency is a tactic employed by fraudsters to

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Abraxas Bitcoin Scandal: $144M in Bitcoin Suddenly Moved to Mixer

Introduction An onchain analyst, Zachxbt, recently discovered that 4,800 bitcoins that were stolen from the now-defunct darknet marketplace Abraxas have been transferred to a bitcoin mixing service. Abraxas exit scammed in November 2015 after less than a year of operation, and the stolen bitcoins had remained untouched since then. Bitcoin Movement and Consolidation Zachxbt reported

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Former FTX Lawyer Testifies About Misappropriation of Funds

Former General Counsel Shocked by Secret Transfers Can Sun, the former general counsel of FTX, testified in federal court on Thursday, revealing his shock at discovering that FTX founder, Sam Bankman-Fried (SBF), had secretly transferred billions of dollars in customer funds to his hedge fund, Alameda Research. Sun told prosecutors that he resigned from his

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SEC Drops Lawsuit Against Ripple Executives as Meme Coin Market Shrinks

SEC Drops Charges Against Ripple Executives In a significant development, the U.S. Securities and Exchange Commission (SEC) has decided to drop all charges against Ripple's executives, CEO Brad Garlinghouse and co-founder Chris Larsen. Ripple's chief legal officer described the SEC's move as a surrender rather than a settlement. This decision marks a major turning point

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Hong Kong Updates Crypto Policy to Protect Retail Investors

Introduction The securities regulator and the central banking institution of Hong Kong have recently revised the region's crypto policy in response to industry inquiries. The authorities have implemented additional measures to safeguard retail investors and limit their access to what they classify as "complex products." Background Initially, Hong Kong's approach to regulating crypto assets focused

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Rising Predictions: Robert Kiyosaki Foresees Bitcoin to Touch $135,000, Gold Hitting $3,700

Robert Kiyosaki, the globally acclaimed author of "Rich Dad Poor Dad," projects a significant rise in Bitcoin value, touching $135,000. He also predicts a substantial surge in the gold price, soaring to $3,700 in the near future. However, Kiyosaki sends out a warning to those investing in U.S. dollars, terming it as "counterfeit money," implying

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Bitcoin.com Partners With Hummingbot in VERSE/USDT Campaign on KuCoin With $15,000 in Rewards

Bitcoin.com and Hummingbot Collaborate to Boost Liquidity and Trading Volumes Bitcoin.com, a leading global platform for introducing newcomers to cryptocurrency, is excited to announce its partnership with Hummingbot for an innovative campaign on KuCoin. The campaign aims to enhance liquidity and trading volumes for the VERSE/USDT trading pair. Hummingbot, known for its open-source market making

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