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SEC Chair Gary Gensler's Compensation Could Be Reduced To $1
Crypto News

From $300K to $1? US Lawmaker Proposes Slashing SEC Chair Gensler’s Salary Amid Crypto Regulation Backlash

Is the tide turning against the SEC’s tough stance on crypto? Imagine your boss’s salary being slashed to just $1 a year! That’s

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ORDI surged 48% after crypto exchange Binance said that it will list the token soon today. Binance intends to offer Ordinals, or ORDI, with new spot trading pairs set to be available at 10 a.m. UTC on Nov. 7.. Binance announced today that it would begin offering spot trade pairings — ORDI/BTC, ORDI/USDT, and ORDI/TRY — with withdrawals for ORDI beginning at 6:30 a.m. UTC on Nov. 8. ORDI will also be added as a new borrowable asset, with the new margin pair ORDI/USDT on Isolated Margin. According to Coinstats data, the price of ORDI has risen 48% in the last 24 hours to trade at $11.7, a new high since May, following the Binance listing news. Following the Binance announcement, the price of ORDI skyrocketed. CoinGecko is the source. The anticipated IPO of ORDI follows the August introduction of Binance Pool's Ordinals Inscription Service, which makes it easier for users to inscribe extra data onto the Bitcoin blockchain. Earlier this year, the Ordinals protocol, which allows the development of BRC-20 tokens and NFTs on Bitcoin, gained traction. In the listing announcement, Binance cautioned that ORDI is a "relatively new token that poses a higher than normal risk, and as such will likely be subject to high price volatility." The exchange stated that it will attach a "Seed Tag" to the ORDI coin, which indicates projects that may display higher volatility and hazards when compared to other projects. According to the announcement, users would have to pass the related quizzes every 90 days on the Binance Spot or Binance Margin platforms to obtain such seed tag tokens. Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Crypto News

ORDI Price Surges 48% as Binance Announces Listing

The crypto world is buzzing! Ordinals (ORDI) just experienced a massive surge, and the reason is huge: Binance, one of the leading crypto

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WisdomTree Adds Bitcoin to Commodity ETF
Crypto News

WisdomTree Breaks Ground: Bitcoin Included in Commodity ETF – A Game Changer?

Hold on to your hats, crypto enthusiasts! The world of Exchange Traded Funds (ETFs) just got a whole lot more interesting. WisdomTree, a

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Bitrace Highlights Risks Associated With Telegram Exchange Bots
Crypto News

Telegram Crypto Bots: Are They Exposing You to Hidden Risks?

Telegram, the messaging app known for its versatility, has become a hub for more than just chats. It’s a platform where you can

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Maestro Trading Bot Refunds 610 ETH to Users Following Router Exploit
Crypto News

MaestroBots Swiftly Refunds $1 Million to Users After Smart Contract Exploit

In the fast-paced world of crypto trading, security and trust are paramount. When things go wrong, how platforms respond speaks volumes. Recently, MaestroBots,

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Bitcoin Tracking in Scotland Since 2020 Hits Dead End
Crypto News

Scottish Bitcoin Heist: $200,000 Vanishes Despite Police Crypto Tracking Efforts

In a bizarre turn of events that sounds straight out of a crime thriller, Scotland witnessed its first case of tracking stolen Bitcoin

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Kuwait Finance House Leverages Ripple For Cross-Border Transactions
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Kuwait Finance House Leverages Ripple For Cross-Border Transactions

Kuwait Finance House (KFH) has partnered strategically with Ripple for enhanced cross-border payment services. Tareq Al-Ajeel highlighted a 40% growth in digital transactions,

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7 Successful Strategies For Cryptocurrency Investment
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7 Successful Strategies For Cryptocurrency Investment

  Many people talk about large games in bitcoin investment but are actually gambling with their money. This is not only dangerous, but

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Bitget to Invest in Indian Blockchain Startups under its $10M Fund
Crypto News

Bitget Invests $10 Million to Ignite India’s Blockchain Startup Ecosystem

India’s blockchain scene is buzzing, and global crypto players are taking notice! Leading crypto exchange Bitget is making a significant move to bolster

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Hong Kong Government Is Looking To launch ETF
Crypto News

Hong Kong Eyes Spot Crypto ETFs: Igniting Global Crypto Race and Challenging US Stance

Exciting news is brewing in the East! While the US grapples with regulatory hurdles for crypto Exchange Traded Funds (ETFs), Hong Kong is

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