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The past few weeks have been interesting and have surfaced what we in the financial services industry call matters requiring attention, or MRAs. An MRA describes a practice that deviates from sound governance, internal controls and risk management principles.
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Here’s how to spot a bull trap with some tell-tale indicators that one is on the way:
RSI divergence
A high RSI might be an indication of a potential bull or bear trap.
A relative strength index (RSI) calculation may be used to identify a possible bull or bear trap.
Wonderland users have overwhelmingly voted to invest $25 million in tokens created by their former Chief Financial Office (CFO), 0xSifu.
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The vote which closed on Friday showed that 89.
Bitcoin has a strong ally in Mexico. The crypto must be accepted as a legal tender, a Mexican senator said.
Senator for the state of Nuevo León, Indira Kempis, is certain that Bitcoin must be recognized as legal currency because its implementation might promote worldwide financial inclusivity.
About the author
Vivek Jayaram is the founder of Jayaram Law, a firm advising groundbreaking artists, Web3 entrepreneurs, financial tech and new media executives, and the companies they run.
The founder of Solend, Rooter, revealed to CryptoSlate what happened behind the scenes while the crypto looked on as it voted to take control of a user’s account in order to liquidate its funds OTC.
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In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century.
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The Ethereum (ETH) ecosystem’s biggest roadblock to mainstream dominance is often attributed to the extremely high transaction fees or gas fees it requires to complete a transaction. However, with Ethereum’s average gas fees coming down to 0.0015 ETH, the narrative is set to change.
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On June 10, many were surprised by the news that TBD, a subsidiary of Block, Twitter’s co-founder Jack Dorsey, announced the launch of the Web5 platform. Web 1, 2, 3 and now Web 5? But where is Web 4? Those who don’t care about number sequences can just downloaded Web 7.
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Crema Finance, a concentrated liquidity protocol over the Solana blockchain, announced the temporary suspension of its services owing to a successful exploit that has drained a substantial but undisclosed amount of funds.
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