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   Business News    Latest News and Updates   Latest News and Updates

  Posted by u/ one year ago

BitGo, Swan unveil plans for Bitcoin-only trust company

The trust company targets institutional investors in the United States as asset managers line up for a spot Bitcoin ETF.

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  Posted by u/ one year ago

South Korean Bitcoin Lender Delio to Sue Regulators (Report)

The company's CEO believes the regulator doesn't want Delio to correct its practices.

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  Posted by u/ one year ago

Bitcoin Price Prediction as BTC Spikes Up 1.5% \x93Â\xa0Time to Buy?

In the constantly fluctuating world of cryptocurrencies, Bitcoin, the premier digital currency, has once again piqued investors' interests. As of today, Bitcoin's price stands at $26,413, experiencing a slight dip of 0.50% in the last 24 hours but reflecting a 1.5% surge over the past week.

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  Posted by u/ one year ago

What a US government shutdown would do to Bitcoin

Marcel Pechman explains the myth of excess cash in U.S. households and the lack of sufficient savings, and how a U.S. government shutdown could impact Bitcoin.

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  Posted by u/ one year ago

Virtual Currency Chief at NYSDFS Leaves to Pursue a Career in Private Sector

Peter Marton, the deputy superintendent of virtual currency at theÂ\xa0New York State Department of Financial Services (NYSDFS), will be stepping down from his position at the end of this month.

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  Posted by u/ one year ago

Ex-Celsius Network Exec Cohen-Pavon Pleads Guilty

While Celsius Network's founder, Alex Mashinsky, remains untainted, executive Cohen-Pavon has admitted guilt.

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  Posted by u/ one year ago

ANZ Leverages Chainlink's Protocol to Complete Tokenized Assets Transaction using Native Stablecoin

ANZ is actively exploring the use of decentralized networks through a 'test-and-learn' approach.

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  Posted by u/ one year ago

Vitalik Buterin Advises Caution: Evaluate Hong Kong's Crypto Friendliness for Long-Term Presence

Ethereum co-founderÂ\xa0Vitalik ButerinÂ\xa0has issued a word of caution to cryptocurrency projects considering establishing their operations inÂ\xa0Hong Kong.

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  Posted by u/ one year ago

XRP Lawyer John Deaton Files Notice of Appearance in LBRY Lawsuit

LBRY recently decided to challenge the SEC's judgment shortly after announcing its plans for a shutdown.

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  Posted by u/ one year ago

North Korean Hackers Turning to Russian Exchanges to Launder Stolen Crypto: Chainalysis

The amount of digital currency pilfered by nefarious North Korean hacking collectives continues to grow, and they?re increasingly turning to Russian exchanges to launder it.

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  Posted by u/ one year ago

Biggest Crypto Gainers Today on DEXTools \x93 XDOGE, EMOTI, MOONY

With Bitcoin (BTC) and Ether (ETH) stuck below key short-term resistance levels, here are some of the best-performing low-cap shitcoins/meme coins on Friday.

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  Posted by u/ one year ago

Bitcoin price rebound sends profit taking deals to 2-month high

Bitcoin rose to highs above $26,800 on Thursday, before profit taking pushed kicked in to see it trade lower. An analyst says price below the 200-week MA represents buying opportunity. Meanwhile, address activity remains high, with 1.1 million BTC send or received daily. Bitcoin spiked above$26,800 overnight Thursday as bulls bounced to hit its highest […]

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  Posted by u/ one year ago

New Crypto Project ETH20 Launches Presale with Stake-to-Earn Rewards, Plans to Repeat Ethereum Bull Run

We stand on the precipice of a monumental leap in cryptocurrency innovation as we announce the impending presale of the ETH20 token. No mere newcomer, ETH20 is a heartening homage to Ethereum’s roots and a testament to its remarkable trajectory to date!  ETH20, an ERC-20 token, offers you an unparalleled opportunity to revisit Ethereum’s initial […]

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  Posted by u/ one year ago

Breaking: crypto exchange Remitano hacked for over $2.7 million

A suspicious transaction involving $2.7 million was flagged at Remitano. Tether has frozen an address believed to be associated with the attacker. The transaction was flagged by Cyvers Alerts, a platform that offers real-time security alerts. Some suspicious activities have been reported on Remitano, a cryptocurrency exchange platform headquartered in Seychelles. Notably, the platform witnessed […]

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  Posted by u/ one year ago

Analyst on Solana: Could be ?sell the rumor, buy the news? for SOL

Solana is one of the cryptocurrencies to struggle the most in the market since FTX imploded in 2022. FTX liquidators have approval to liquidate $3.4 billion worth of crypto assets. The collapsed exchange holds $1.2 billion in SOL, Solana’s native token. The native Solana token SOL, which makes up a significant percentage of the bankrupt […]

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  Posted by u/ one year ago

Shiba Memu: Why new meme cryptocurrency has won the hearts of investors?

Shiba Memu’s presale has raised over $2.85 million in its presale on solid demand. The price of the tokens in presale increases every day at 6 PM GMT Shiba Memu could rise 50x, reinforced by its popularity and meme token trends Buying meme cryptocurrencies might not be the right decision as crypto winter rages on. […]

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  Posted by u/ one year ago

Japan eases regulations on startup financing to allow for crypto

Japan eyes support for crypto startups in new regulation on startup financing. According to reports, the new rules means startups can raise funds from investors by offering stocks and crypto. Japan is looking to relax restrictions on how startups raise funds with a view to revamping the sector amid growth in venture capital funding. According […]

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  Posted by u/ one year ago

BitGo and Swan partner to launch a Bitcoin-only trust company

Key takeaways BitGo and Swan will work together to launch a new trust company. The Bitcoin-only trust company will offer custody without exposure to the other cryptocurrencies. BitGo and Swan to launch a new trust company Crypto custodian BitGo and bitcoin financial services firm Swan have announced plans to launch a Bitcoin-only trust company.  According […]

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  Posted by u/ one year ago

Crypto price prediction: tomiNet, VeChain, XDC Network

Cryptocurrency prices had a good performance this week as Bitcoin rose to $26,000. tomiNet was one of the best-performing tokens as it jumped to a record high. VeChain price soared after being listed by Coinbase. Cryptocurrency prices had a relatively good week as Bitcoin bounced back above $26,000 after falling below $25,000 on Monday. Some […]

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  Posted by u/ one year ago

Hong Kong warns crypto firms against referring to themselves as ?banks?

Hong Kong warns crypto firms against using the word “bank” The Hong Kong Monetary Authority (HKMA) says only licensed banks can take “deposits.” Using terms such as digital bank, crypto bank and crypto asset bank contravenes the Banking Ordinance. The Hong Kong Monetary Authority (HKMA) has warned crypto firms that it’s against the law for […]

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  Posted by u/ one year ago

Binance.US Not Playing Ball With Probe, SEC Says, as Focus Turns to Custody Arm Ceffu

Securities regulators have complained the exchange is unregistered, and worry about assets being shifted overseas.

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  Posted by u/ one year ago

South Korea?s Crypto Ecosystem Shakes Off Terra Debacle, With Gaming Dominating Web3 Activity

Korean banks are gradually dipping their toes in the market, and gaming firms are trying to capitalize in the crypto-frenzied market.

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  Posted by u/ one year ago

Bitcoin Bounce Puts Altcoin Bears at Risk

Bitcoin's bounce amid fears of FTX creditor liquidation might shake out altcoin bears, leading to a sharp rally in recently shorted tokens like solana.

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  Posted by u/ one year ago

Celsius, Core Scientific Resolve Acrimonious Mining Dispute With $45M Deal

Celsius had previously claimed hundreds of millions in damages in a squabble over unpaid dues that led to its mining rigs being powered down.

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  Posted by u/ one year ago

A Year After Ethereum Merge, Net Supply Down Nearly 300K Ether

Ethereum's tokenomics exhibit deflationary tendencies one year after the pivotal proof-of-stake upgrade.

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  Posted by u/ one year ago

Bitcoin Miner F2Pool Returns 19.8 BTC to Paxos After Overpaid Fee

Paxos paid $520,000 for a $2,000 bitcoin transaction earlier this week.

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  Posted by u/ one year ago

First Mover Americas: Altcoins Lead Gains and Deutsche Bank to Explore Tokenization

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 15, 2023. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ one year ago

BitGo, Swan to Form Bitcoin-Only Trust Company

"It's important to us to build a custodian without the risks of securing many altcoins within the same trust company as bitcoin," Cory Klippsten, CEO of Swan, said.

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  Posted by u/ one year ago

IOTA Eyes Big Crypto Leagues Again With Series of Network Boosting Plans

These changes are supposed to boost the value of iota tokens for holders and investors, alongside improving network security.

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  Posted by u/ one year ago

Coinbase Earned $1M Amid Hack, but Hasn't Reimbursed Victims

Coinbase received 570 ETH, the second-largest payout tied to MEV in Ethereum?s history, to process transactions related to the Curve exploit.

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  Posted by u/ one year ago

Ethereum Blockchain Launches 'Holesky' Test Network, on First Anniversary of Historic 'Merge'

The debut of the testing system ? designed to be twice as big as the main network so developers can simulate massive scaling, comes a year after Ethereum completed its historic "Merge" shift to a "proof-of-stake" model from the original "proof-of-work" setup that Bitcoin uses.

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  Posted by u/ one year ago

German Finance Heavyweights Develop Fully-Insured Crypto Staking Offering, Plan 2024 Release

Boerse Stuttgart Digital, the crypto-focused arm of the Stuttgart Stock Exchange, has already obtained a digital asset custody license in Germany.

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  Posted by u/ one year ago

Coinbase?s Base Blockchain Hits Record High for Daily Transactions, Eclipsing Rivals

FriendTech, which is only available on Base, is driving a significant portion of the activity, according to IntoTheBlock.

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  Posted by u/ one year ago

Gemini Blasts DCG and Genesis Bankruptcy Plan, Calling It ?Misleading at Best?

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  Posted by u/ one year ago

What Crypto Can Learn From AI About Getting Its Way in Washington

The crypto industry has yet to turn the popularity of its assets into a ramrod that can move policymakers.

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  Posted by u/ one year ago

Sam Bankman-Fried Blames Everyone but Himself for FTX's Collapse

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  Posted by u/ one year ago

Bitcoin at $26.4K Set for Weekly Gain, but Rallies Might Continue to be Sold

The world's largest crypto has bounced from a 3-month low below $25,000 hit on Monday.

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  Posted by u/ one year ago

DOJ Slams Sam Bankman-Fried?s ?Intrusive? Proposed Jury Questions

Federal prosecutors are criticizing void dire questions proposed by Sam Bankman-Fried's defense team.

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  Posted by u/ one year ago

Gemini Voiced Strong Criticism Against Genesis And DCG?s Recovery Plan

Gemini, a prominent cryptocurrency exchange, has voiced strong criticism against a proposed bankruptcy recovery plan involving its partner, Genesis, alleging that the plan is misleading and inaccurate. The dispute centers on Digital Currency Group (DCG), the parent company of Genesis.

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  Posted by u/ one year ago

Lazarus Group?s $240 Million Crypto Heist Shocks with 104-Day Streak

In a recent report released by blockchain monitoring platform Elliptic, alarming details have emerged regarding the involvement of the notorious North Korean hacker group Lazarus Group in a series of major cryptocurrency hacks.

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  Posted by u/ one year ago

Brian Shroder?s Surprise Resignation Rattles CZ?s Crypto Empire!

Binance CEO Changpeng Zhao (CZ) addressed the speculation surrounding Brian Shroder - the management changes at Binance.US.

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  Posted by u/ one year ago

Optimism Governance?s Risky Gamble: Unconfirmed OP Tokens Drop Sparks Speculation

Optimism Governance has taken to Twitter to announce the direct allocation of the remaining unclaimed OP tokens from Airdrop #1 to eligible addresses.

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  Posted by u/ one year ago

Exactly Protocol: Contacted The US Department Of Homeland Security Regarding The Hack!

Exactly Protocol provided an update on its efforts to recover stolen funds following a devastating hack that occurred four weeks ago.

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  Posted by u/ one year ago

Bankman-Fried Objected By DOJ To Effective Altruism Unnecessarily Intruded On Litigation

The US Department of Justice has expressed concerns over the proposed jury questions presented by the defense team of FTX CEO Sam Bankman-Fried (SBF), labeling them as "unnecessarily intrusive" and potentially intended to bolster his defense.

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  Posted by u/ one year ago

Mark Cuban?s Dormant Crypto Wallet Hacked, Recovers 3.049 Million USDC on Coinbase

Mark Cuban, the renowned American investor and owner of the NBA's Dallas Mavericks, fell victim to a malicious hack after lying dormant for 160 days.

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  Posted by u/ one year ago

NounsDAO?s Fork Sparks $27 Million ETH Withdrawal Surge

NounsDAO executed a highly anticipated fork that would change the course of its community.

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  Posted by u/ one year ago

dYdX Founder: The DEX Will Lead The Next 100x Growth Of DeFi Derivatives

dYdX, a prominent player in the cryptocurrency derivatives market, is poised for a transformational journey aimed at bolstering token performance and ecosystem vitality. Community support secures the migration of the DYDX token to the Cosmos appchain.

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  Posted by u/ one year ago

Mark Cuban Confirmed He Lost Approximately $870,000 In The Recent Hack

Mark Cuban lost $870,000 in a crypto hack targeting 10 assets, citing issues with a potentially malicious MetaMask version. Security concerns arise in the crypto community due to fraudulent extensions.

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  Posted by u/ one year ago

Airline Stocks Tumble Into Bear Market on Soaring Oil Prices

Airline Stocks Tumble Into Bear Market on Soaring Oil Prices

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  Posted by u/ one year ago

Arm Ends Second Day of Trading Lower After Strong Debut

Arm Ends Second Day of Trading Lower After Strong Debut

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