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In a recent interview with investment firm ARK, Elon Musk stated that he thought cryptocurrency was quite brilliant, while also expressing concern about the energy intensive security model of proof of work.
The Binance DEX (decentralized exchange) has launched to users for testing. This allows users to hold their own private keys, and will soon coincide with BNB token moving to Binance’s native blockchain.
Coinbase has acquired blockchain analytics firm Neutrino, in a push to ensure they are compliant with local laws. Many in the crypto community are not thrilled with the move, considering analytics firms an attack on personal privacy.
The World Gold Council has come out with a statement saying that Bitcoin and cryptocurrencies are not replacement for precious metals, citing issues with volatility, liquidity and uncertain regulatory environments. They sound scared.
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