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SFC warns of NFT risks! Securities and fundraising are subject to regulation

Non-fungible tokens (NFTs) have been popular all over the world since 2021. Celebrities and brands from all walks of life have participated in the carnival feast of digital collectibles. In this regard, the Hong Kong Securities and Futures Commission (SFC) released on June 6 The announcement reminds investors to pay attention to the risks associated …

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Bloomberg: SEC is investigating whether Binance’s “BNB ICO” violated securities laws

The U.S. Securities and Exchange Commission (SEC) is investigating whether Binance Holdings violated securities regulations when it launched an ICO to launch Binance Coin (BNB) five years ago , Bloomberg reported on June 6 . Currently, Binance is the largest cryptocurrency exchange in the world, while BNB is the fifth-largest cryptocurrency by market capitalization. BNB’s ICO took place …

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Nobel economics guru Kluman: Cryptocurrencies are ‘SCAMS’

The cryptocurrency market has been turbulent for several days. Paul Krugman, a Nobel laureate in economics who has always called himself a “cryptocurrency skeptic” , published an op-ed in the New York Times earlier today (7), saying that cryptocurrencies are a “Scam” and compared it to the housing bubble that ignited the global financial crisis in 2008. …

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BitMEX founder: Bitcoin has bottomed, but don’t expect a quick rebound

The real inflation problem A prerequisite for a bull market to start is a pause in interest rate hikes by the Federal Reserve and central banks, and keeping the size of their balance sheets unchanged. Under the current rate hike cycle, the CPI has corrected, but the income of ordinary American workers is also decreasing. Since this …

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Promote the popularization of blockchain and Web3! Binance Labs raises $500 million in investment fund

Binance Labs , a venture capital and innovation incubator under the leading cryptocurrency exchange Binance , announced that it has completed the raising of a $500 million investment fund from leading global institutional investors, including DST Global Partners , Breyer Capital And some family offices, and some businesses as limited partners.   Binance stated that the new fund will be used to invest in …

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“Utu State” was built with a million NFTs: no one owns it, so everyone owns it

The World’s Largest On-Chain Co-Creation Art Game Announces White Paper, “The Space Utu Bang” Officially Opens “The Space Wutubang” is the world’s first NFT pixel art game that applies radical market theory on a large scale. It will be officially opened on May 31, 2022. In Utu State, each pixel grid is a tradable NFT (Non-Fungible Token), …

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Avoid a repeat of the UST crash! Tron raises USDD reserves to over-collateralized

After Terra’s algorithmic stablecoin UST collapsed last month, TRON announced a plan on June 5 to significantly increase the funds used to support its stablecoin USDD, thereby avoiding the challenges faced by Terra stablecoins. trouble. The first USDD, which is close to the replica version of the Terra algorithm stablecoin UST, was launched on the TRON blockchain on May …

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Changpeng Zhao talks about the collapse of LUNA: Do Kwon tried to contact me, but I refused

Terra founder Do Kwon and his company Terraform Labs have relaunched the Terra 2.0 network and built a new blockchain and LUNA token to bring the Terra ecosystem back to life. In response to the LUNA and UST crashes, Changpeng Zhao (CZ), CEO of cryptocurrency exchange leader Binance (CZ), is one of the few industry …

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Rising against the trend in the bear market, what is the magic of the NFT project goblintown.wtf?

Recently, the shadow of the bear market has gradually spread to the NFT market. According to Google Trend data, the search popularity of NFTs dropped to 26 in May, a decrease of 74% from the peak of 100 set in January. The monthly trading volume of the NFT market reached a record high of $16.54 billion …

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【MICA RESEARCH】If U.S. stocks end the rebound, the cryptocurrency market may be hit

The performance of the cryptocurrency market was not satisfactory last week. The Nasdaq index in the United States rebounded by 8% within a week, but the price of Bitcoin was still fluctuating in the price range of $30,000. There was no buying like the US stock market. We thought that cryptocurrencies were expected to rebound …

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