Korean banks sound alarm as altcoins volumes grow in the countryThe global crypto market cap is $2.48 trillion with a 24-hour volume of $241.98 billion. The price of Bitcoin is $56,521.30 and the BTC dominance is at 42.6%.
by Shaurya Malwa The Korea Federation of Banks (KFB) has recently urged its members to estimate the total number of altcoins their crypto exchange clients are offering to measure risks associated with them, local outlet The Korea Herald reported yesterday. “One of the criteria that we recommend is the safety of digital assets and that can be measured by the number of digital coins on an exchange. If an exchange deals with too many digital assets, it takes on more risks,” an official at the KFB told the outlet. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. More news ⏬Shiba Inu carnage: Traders lose $46.5 million on first day of SHIB futuresShiba Inu (SHIB), the meme coin that was launched as a Dogecoin rival back in 2020, zoomed to the top-20 market cap yesterday after a TikTok- and social media-driven frenzy, data shows. How a Canadian nursing student launched Ass Finance and built a community of 100,000+ token holdersWarning: This story contains some adult content and may not be appropriate for younger readers. Papa John’s Pizza is now offering £10 in free Bitcoin to U.K. customersAmerican pizza franchise Papa John’s is offering its U.K customers £10 in free Bitcoin, a new offer on the pizza giant’s homepage shows. NiiFi raises $3 million in seed round to bring instant finality to DeFiNiiFi, a new decentralized exchange (DEX) and lending protocol aimed at mainstream use cases, today announced that it has successfully closed a $3 million seed round, as per a press release. Macau casino investor bets on Bitcoin (BTC) amidst a bleak economic outlookChinese publicly listed firm Success Universe Group Ltd, which is a major investor in Macau-based casino and hotel resort Ponte 16, announced that it has purchased 24.3 Bitcoin ($1.35 million currently) as part of its portfolio diversification strategy, Inside Asian Gaming reported today. How to hedge against instability with real world-backed tokensInvestment decisions today are primarily based on the investor’s appetite for risk, mixed with a bit of research or advice and, hopefully, a positive gut feeling. Forget about bank loans – with the Student Coin Crypto EcosystemWe all know the struggles with traditional banks. $1.7 billion liquidated as crypto markets dumps after ‘petcoin’ frenzyOver $1.74 billion worth of cryptocurrencies were ‘liquidated’ yesterday as the market saw a deep pullback, data from multiple sources shows. Elon Musk asks “Do you want Tesla to accept Doge?”—77% say ‘yes’Elon Musk, the CEO of electric carmaker Tesla, put out yet another Dogecoin (DOGE) tweet. Control your wealthAd: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands. 🔥 Trending Sectors
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