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Institutions are increasingly turning to Bitcoin custodians, willing to pay for the added security and risk management they offer. These custodians provide services such as safeguarding digital assets and ensuring compliance with regulatory requirements. Despite the costs involved, institutions see value in these services as they navigate the complexities of
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Sam Altman's World Foundation has sold $65 million worth of its Worldcoin (WLD) tokens as the cryptocurrency experiences a significant decline, hitting new lows. The sale comes amid ongoing concerns about the project's viability and regulatory scrutiny. WLD's price has dropped substantially, raising questions
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In today's crypto news, Bitcoin's price experienced a slight decline, dropping below $27,000 amid ongoing market volatility. Ethereum also saw a decrease, with its value falling to around $1,600. Regulatory discussions continue to shape the market, as the SEC's stance on cryptocurrency
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The parent company of the New York Stock Exchange (NYSE) has completed an investment in Polymarket, a decentralized prediction market platform, amounting to $1.6 billion. This investment is part of a broader strategy to expand into the cryptocurrency and blockchain sectors. Polymarket allows users to bet on the outcomes
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Kalshi has obtained a license to offer margin trading services specifically for institutional investors. This development allows the company to expand its trading options and attract larger clients in the cryptocurrency market. The margin trading service will enable institutions to leverage their investments, potentially increasing their trading volume and profitability.
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GameStop has invested $315 million in Bitcoin as part of a covered call options strategy, aiming to generate additional income from its cryptocurrency holdings. This move aligns with the company's broader strategy to diversify its investments and leverage the growing interest in digital assets. The covered call strategy
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Washington state has filed a lawsuit against Kalshi, a prediction market platform, alleging that it operates as an unregistered exchange and violates state gambling laws. This legal action is part of a broader trend, as several states are increasing scrutiny and regulatory pressure on prediction markets. Kalshi allows users to
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Anthropic's latest AI model, Claude Mythos, has reportedly leaked, raising significant cybersecurity concerns. The leak has exposed sensitive information that could potentially be exploited by malicious actors. Experts warn that the capabilities of Claude Mythos make it a major threat if used for harmful purposes. The incident highlights
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The article discusses the current state of the cryptocurrency market, emphasizing the need for a reset before the next bull run can occur. It highlights that many projects lack utility and have not delivered on promises, leading to a loss of investor confidence. The author suggests that a focus on
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Canada is proposing a ban on political donations made in cryptocurrency due to concerns about foreign interference in elections. The government aims to prevent potential risks associated with anonymous donations that could undermine the integrity of the electoral process. This move is part of broader efforts to regulate the use
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Coin Center warns that future U.S. governments may impose stricter regulations on cryptocurrencies without establishing clear guidelines. The organization emphasizes the need for transparent rules to protect innovation and investment in the crypto space. Without defined regulations, the potential for arbitrary enforcement could stifle the industry. Coin Center advocates
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BNP Paribas has introduced six exchange-traded notes (ETNs) linked to Bitcoin and Ether for retail clients in France. This move aims to provide investors with easier access to cryptocurrency markets through traditional banking channels. The ETNs will be available for trading on the Euronext Paris exchange. This initiative reflects the