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An airdrop is an unsolicited distribution of a cryptocurrency token or coin, usually for free, to numerous wallet addresses. Airdrops are often associated with the launch of a new cryptocurrency or a DeFi protocol, primarily as a way of gaining attention and new followers, resulting in a larger user base and a wider disbursement of coins. [ 1 ]
In 2021, CNBC, the Financial Times, and Newsweek reported that demand for Monero was increasing following the recovery of a bitcoin ransom paid in the Colonial Pipeline cyber attack. [ 9 ] [ 7 ] [ 40 ] The May 2021 hack forced the pipeline to pay a $4.4M ransom in bitcoin, though a large portion was recovered by the United States federal ...
The rest of MiCA came into force as of 30 December 2024, covering crypto-assets other than ART and EMT and CASPs. MiCA excludes crypto-assets if they qualify as financial instruments according to ESMA guidelines published on 17 December 2024 as well as crypto-assets that are unique and not fungible with other crypto-assets. [147] [148]
Correction, Jan. 4, 2024: The online version of this newsletter has been corrected to specify that Nigel Morris was referencing the first climb in fintech deal volumes since the first quarter of 2022.
SafeMoon was released in March 2021. A compound of "Safe" and "Moon". The token was released with the slogan of landing "Safely to the moon", derived from the slang phrase used in the cryptocurrency community; "To the moon" which is used to describe a crypto token "to quickly rise in price".
Shan Hanes embezzled $47 million from the bank where he was an executive in order to fund a costly crypto scam called pig butchering. ... June 1, 2024 at 2:03 AM.
Crypto exchanges like Binance are central to pig butchering schemes. While romance and investment scams are as old as civilization, crypto adds a new wrinkle, allowing money to travel faster and ...
On 7 March 2024, Coinbase submitted a letter to the Commodities Futures Trading Commission (CFTC) outlining its proposal for monthly cash-settled futures contracts for Bitcoin Cash. On 1 April 2024, Coinbase Derivatives announced plans to introduce futures trading for Bitcoin Cash. [64] [65] [66] [67]
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