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Former CEO of Crypto Exchange Wex Dmitry Vasiliev Reportedly Detained in Croatia

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Dmitry Vasiliev, co-owner and former chief executive of the now defunct Russian crypto exchange Wex, has been arrested upon entering Croatia, local media reported. The crypto entrepreneur is wanted by Kazakhstan where he is accused of stealing money from an investor….

MoU Established by Clesson, the Company Behind LABEL Foundation, With CJ Entertainment and Media

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PRESS RELEASE. Clesson, the operating company behind OPENTRACK and LABEL Foundation, has officially established a memorandum of understanding (MoU) with CJ Entertainment & Media. The new collaboration has the potential to benefit both parties involved as CJ Entertainment & Media is…

Crypto Fear and Greed Index Shows ‘Extreme Fear’ and Shaky Sentiment Persist

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For a few weeks now, bitcoin sentiment stemming from the Crypto Fear and Greed Index (CFGI) has been in the “extreme fear” range. While bitcoin gathered some gains on Monday, the CFGI is still in the “extreme fear” position with a…

Report: Lebanese Pound Exchange Rate Against Dollar Plunges to All-Time Low

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After relative calm for a few months, the Lebanese pound has plunged to an all-time low of 35,600 per dollar, a report has said. The currency’s latest slide is expected to worsen Lebanon’s economic challenges. Pound Depreciation In a sign that…

Bank of America CEO: We Have Hundreds of Blockchain Patents — But Regulation Won’t Allow Us to Engage in Crypto

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The CEO of Bank of America says that his bank has hundreds of blockchain patents but regulations will not allow it to engage in crypto. “The reality is that we can’t do it by regulation,” he said. Bank of America’s CEO…

Former Nintendo President States Gaming Companies Are Marching to the Metaverse

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Former Nintendo of America President, Reggie Fils-Aimé, believes that the gaming industry is steadily going to integrate metaverse elements into its games. Fils-Aimé thinks that established gaming companies, like Nintendo, are better suited to be leading the race for the metaverse…

‘Big Short’ Investor Michael Burry Warns of Looming Consumer Recession, More Earnings Trouble

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Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned of a looming consumer recession and more earnings trouble. He cited falling U.S. personal savings and record-setting revolving credit card debt despite trillions of dollars in stimulus…

Belarus Has Seized Millions of Dollars in Crypto, Chief Investigator Claims

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Authorities in Belarus have mastered the seizure of cryptocurrencies, the head of the country’s Investigative Committee revealed in a recent interview. The high-ranking law enforcement official claims the state has already confiscated crypto assets worth millions of dollars. Companies Allegedly Help…

Chinese Crypto Regulations Force NFT Gaming App Stepn to Block Mainland Users

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China’s anti-crypto regulations have reportedly forced the non-fungible token (NFT) game, Stepn, to exclude users from the mainland starting on July 15. Shortly after the announcement, Stepn’s in-game cryptocurrency is reported to have briefly dropped by 38%. Stepn Adheres to Local…