Category: Crypto

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Everything You Need to Know About MMORPG NFT Games

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Massively Multiplayer Online Role-Playing Games (MMORPGs) are a subgenre of role-playing games in which a large number of people take part in a shared virtual world and undertake cooperative missions. A new breed of MMORPGs has emerged in recent years thanks to blockchain technology with NFTs (Non-Fungible Tokens). This article will define MMORPG NFT Games, explain how they function and give you examples. Follow Chainplay to find out the top MMORPG NFT Games.

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What are the 5 most famous meme coins in 2023?

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In recent years, meme coins have exploded in popularity within the cryptocurrency market, providing a means for traders to profitably trade in assets with little to no “real world” use. Now that we’re far into 2023, though, there are several meme coins to choose from, each with unique features and potential uses. Continue reading What are the 5 most famous meme coins in 2023?

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SEC Investor Alert: Exercise Caution with Crypto Asset Securities

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the staff of the Ridgewood blog

Ridgewood NJ, The SEC’s Office of Investor Education and Advocacy continues to urge investors to be cautious if considering an investment involving crypto asset securities.  Investments in crypto asset securities can be exceptionally volatile and speculative, and the platforms where investors buy, sell, borrow, or lend these securities may lack important protections for investors.  The risk of loss for individual investors who participate in transactions involving crypto assets, including crypto asset securities, remains significant.  The only money you should put at risk with any speculative investment is money you can afford to lose entirely.  Investors should understand that:

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Investing In Cryptocurrencies In 2023: 5 Compelling Reasons Why You Should Start Gambling With Them

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Investing in crypto coins has become more popular recently, and many investors are wondering if they should take the plunge. Cryptocurrencies such as Bitcoin, Dogecoin, and others have become an increasingly attractive option for gamblers over the last few years. Here are five compelling reasons why you should start gambling with Spinago Online Pokies with cryptocurrencies in 2023.

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Best Crypto Faucets Of 2022

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Once regarded as a fad by many during the early years of its creation, Crypto has grown so much in popularity that it is beginning to become the status quo. Crypto has found its way into many popular platforms and is widely becoming adopted as a primary form of payment. 

Crypto may be more accepted now, but many had doubts about it when it first came into the scene. In fact, Gaven Andresen, a Bitcoin core developer then created the first Bitcoin faucet to increase Bitcoin’s popularity.

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Paxos Has Been Ordered by New York Regulators to Stop Issuing Binance USD Stablecoin

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the staff of the Ridgewood blog

Ridgewood NJ, Paxos has been ordered by New York regulators to stop issuing Binance USD due to concerns that it can’t safely issue the token. The SEC is planning to sue Paxos for violating investor protection laws. It reportedly sent a notice to Paxos to inform the company of potential violations and enforcement actions. Paxos will stop issuing new BUSD tokens on February 21. The stablecoin will remain fully supported by Paxos until at least February 2024. Binance will support BUSD for the foreseeable future.

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Crypto Scammer Sam Bankman-Fried Makes Bail

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the staff of the Ridgewood blog

Ridgewood NJ, Sam Bankman-Fried, the disgraced founder of failed cryptocurrency exchange FTX, pleaded not guilty to eight felony counts in New York yesterday, including conspiracy, fraud, and money laundering. After extradition from the Bahamas in December, he was released on a $250M bail bond secured against his parents’ California home, where he was court-ordered to stay. A trial is set for October.

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What to Know About Buying a Car with Bitcoin

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Did you know that you can use cryptocurrency to buy your morning coffee? If you’re short on cash, you can use it to purchase your groceries and subscription services. 

For those with a large amount of cryptocurrency sitting in their digital wallet, buying a car with bitcoin is within the realm of possibility. While cryptocurrency tends to be more popular with luxury dealerships, the more standard ones are starting to get on board as well. 

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Best Crypto Trading Bots of 2022

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Crypto trading bots are an essential piece of software for any trader. A crypto trading bot is an automated program that buys and sells cryptocurrencies on behalf of the user. This software can be used in a wide range of ways, from helping beginners to advanced traders discover cryptocurrency opportunities to generating income from the markets.

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What’s Behind the DOGE Hype?

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Dogecoin, or DOGE, is an open-source cryptocurrency and one of the most significant digital currencies by market capitalization. It is already used worldwide on the Internet. Moreover, a lot of exchanges today offer to convert DOGE to SHIB and other tokens. 

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New Jersey-based Cryptocurrency Lender BlockFi files for Chapter 11 Bankruptcy

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the staff of the Ridgewood blog

Ridgewood NJ, Cryptocurrency lender BlockFi, last valued at $4.8B, filed for Chapter 11 bankruptcy yesterday, following this month’s collapse of cryptocurrency exchange FTX and its sister firm Alameda Research. BlockFi has more than 100,000 creditors, with the largest 10 creditors alone owed nearly $1.2B, including $30M owed to the US Securities and Exchange Commission, according to filings.

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Sam Bankman-Fried’s Crypto Empire Collapses

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the staff of the Ridgewood blog

Ridgewood NJ, Sam Bankman-Fried’s crypto empire filed for Chapter 11 bankruptcy, capping the rapid  downfall of one of crypto’s wealthiest and most influential moguls and his collection of high-flying ventures, including crypto exchanges and a massive trading operation.

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Despite CEO Calling Bitcoin a ‘decentralized Ponzi scheme’ JPMorgan Goes Crypto

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the staff of the Ridgewood blog

Ridgewood NJ, After JPMorgan Chase & Co., CEO Jamie Dimon slammed ‘dangerous’ bitcoin as ‘decentralized Ponzi scheme’. The No. 1 U.S. bank and a charter member of Wall Street’s financial establishment, has gone DeFi.  . JPMorgan’s Onyx unit recently executed live foreign exchange swaps of tokenized Japanese Yen and Singapore Dollars. The swaps were made as part of Project Guardian, an initiative backed by the Monetary Authority of Singapore that aims to explore DeFi applications in wholesale funding markets. Project Guardian is currently deployed on Polygon, but it will eventually be rolled out to other blockchain networks. It uses a modified version of Aave Arc.

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What is the Meaning Behind Bitcoin Faucets?

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The goal behind faucet bitcoin is to allow more people into the cryptocurrency space. The first crypto faucet was launched by bitcoin. After that, other cryptocurrencies followed similar models in bringing new crypto traders on board. 

Since Gavin Andresen launched the first bitcoin faucet in 2010, this model has been gaining more popularity. It is safe to say that the aim to promote bitcoin has been achieved. 

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NJ Bureau of Securities Issues Order Today to Halt Internet Sales of Fraudulent NFT Investments tied to the Metaverse

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the staff of the Ridgewood blog

Ridgewood NJ,  Attorney General Matthew J. Platkin announced that the NJ Bureau of Securities (“Bureau”) took action today to halt an online entity purportedly operating from the country of Georgia from offering unregistered securities in the form of non-fungible tokens (NFTs) tied to an online slots game and the metaverse.

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