Crypto Currently: Australia's AI Scam Fears, High Earnings in Korean Exchanges, Nigeria's License Milestone and Invasion Heist in Bangkok

Aug 19, 2024 · 6m 3s
Crypto Currently: Australia's AI Scam Fears, High Earnings in Korean Exchanges, Nigeria's License Milestone and Invasion Heist in Bangkok
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Welcome to the Crypto Currently Podcast, the ultimate stop for those vested in the ever-evolving cryptocurrency industry. This episode includes highlights from articles that range globally, shedding light on crypto...

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Welcome to the Crypto Currently Podcast, the ultimate stop for those vested in the ever-evolving cryptocurrency industry. This episode includes highlights from articles that range globally, shedding light on crypto scams, employment benefits in South Korea's crypto exchanges, Nigeria's first officially licensed local crypto exchange, and expansions of major crypto exchanges in Turkey.

Dive into Australia's crackdown on crypto scams, which, due to the rise of AI technology, pose even more significant threats. Learn about South Korea's crypto employees who are reportedly earning higher wages than traditional bank workers, bringing attention to the expanding digital currency market.

We then traverse to Nigeria, where it's reported that the Securities and Exchange Commission has greenlit its first homegrown crypto exchange, Quidax, showing a shift in the Nigerian stance on cryptocurrencies.

In the scenario of Turkey, discover how Coinbase and KuCoin are attempting to expand their base in Europe's emerging crypto hub. Hear about the shocking news of a Chinese businessman in Bangkok who was forced to transfer two million dollars in cryptocurrency during a home invasion, providing a stark reminder of the darker side of the digital world.

Bringing our focus back to the US, we explore Goldman Sachs' revision of US recession probability down to twenty percent. Finally, we end on a baffling note as Wall Street's prominent Bitcoin miner grapples with a stark twenty percent price drop despite high production levels.

So ensure you hit subscribe to stay in the know with the global advancements and challenges in the crypto sphere courtesy of the Crypto Currently Podcast.
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Author Sophos Media Productions
Organization Sophos Media Productions LLC
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