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   Business News    Financial News   Financial News

  Posted by u/ one year ago

Bitcoin Price-Volatility Correlation Turns Negative Again as Crypto Traders Eye FTX Liquidations

The shift from positive correlation comes amid concerns the looming $3 billion FTX liquidations will crater the crypto market.

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  Posted by u/ one year ago

Fabian Vogesteller?s Lukso Blockchain Adds ?Universal Profiles,? in Push for ?Fancy? Ethereum

The Universal Profiles are a feature, currently in beta, designed to give users a holistic ?on-chain identity? that comes with a recoverable crypto account as well as a profile for interacting with decentralized applications.

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  Posted by u/ one year ago

First Mover Americas: Altcoin Crash May Be on the Cards

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 12, 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

Incoming BOE Deputy Governor Highlights Crypto Risks, Cites Benefits at Parliamentary Hearing

There are benefits to crypto technology, and the digital pound could anchor digital money, Sarah Breeden said.

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  Posted by u/ one year ago

Ethereum Developer Consensys Unveils ?Snaps? Add-Ons for MetaMask Wallet

According to a press release, Snaps are ?new features and functionality, created by third-party developers, that MetaMask users worldwide can install directly into their wallet."

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  Posted by u/ one year ago

Dunhill Family Office Makes Bear Market Bet on Crypto

The family office is investing through its Dunhill Ventures subsidiary into Lichtenstein-regulated VC firm Mocha Ventures.

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  Posted by u/ one year ago

Headline CPI Expected to Have Spiked Higher in August, but Core Rate Seen Slowing

The U.S. government on Wednesday morning will release its latest official inflation data.

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  Posted by u/ one year ago

What's Wrong With PayPal's Stablecoin?

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  Posted by u/ one year ago

Building Trust in the Bitcoin Network in El Salvador

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  Posted by u/ one year ago

Franklin Templeton Joins Spot Bitcoin ETF Race

Franklin Templeton has filed with the SEC for a spot bitcoin ETF.

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  Posted by u/ one year ago

Banking Powerhouse HSBC Working With Crypto Custody Firm Fireblocks: Sources

Fireblocks, which specializes in cryptocurrency safekeeping technologies such as multi-party computation (MPC), already works with BNY Mellon and BNP Paribas.

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  Posted by u/ one year ago

Coinbase to Face ?Reality Check? as Retail FOMO Is Fading, Mizuho Says

In a break with historical norms, the exchange?s volumes continue to fall even as the bitcoin price has risen, suggesting disengagement by retail customers, the report said.

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  Posted by u/ one year ago

Coinbase Paves Way for Big Institutions to Do More With Web3, DeFi, NFTs

Coinbase, best-known for being one of the largest crypto exchanges for retail customers, continued its expansion into the professional space with the introduction Tuesday of a Web3 wallet designed to help institutions get into NFTs and other corners of decentralized finance, or DeFi.

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  Posted by u/ one year ago

Namesake of Ethereum's 'Danksharding' Says 'Data Availability' Too Confusing a Term

The Ethereum Foundation's Dankrad Feist says he thinks a lot of people are stumped by the term "data availability," even as the concept gains momentum in blockchain tech circles.

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  Posted by u/ one year ago

Crypto Price Whipsaw Triggers $256M in Liquidation Losses

This week?s quick plunge and rebound in cryptocurrency prices triggered $256 million in liquidation losses, Coinglass data shows.

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  Posted by u/ one year ago

Gensler Hearing Shows Key Senate Democrat Digging in Heels on Crypto

While U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler was in the hot seat at a Senate hearing on Tuesday, the most important crypto sentiments may have come from Sen. Sherrod Brown (D-Ohio), who tarred much of the industry as dangerous fraudsters.

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  Posted by u/ one year ago

Vitalik Buterin Wants a Better Crypto Mixer

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  Posted by u/ one year ago

Judge Denies Sam Bankman-Fried's Bid for Release From Jail Ahead of Trial

A federal judge refused Sam Bankman-Fried's bid to be released from jail ahead of trial on Tuesday.

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  Posted by u/ one year ago

Fear of FTX-Spurred Crypto Crash Is Overblown, Analysts Say

Crypto markets slumped Monday, possibly in part due to fears of FTX unloading its $3.4 billion crypto assets.

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  Posted by u/ one year ago

Sam Bankman-Fried Remains Stuck in Jail

Sam Bankman-Fried lost a bid to be released from jail ahead of his trial next month. All hope isn?t lost for him, but time is running out for the FTX founder.

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  Posted by u/ one year ago

Zodia Custody Looks to Drive Institutional Access to Polkadot Ecosystem

The company plans to provide custody for the Polkadot ecosystem, offering digital asset storage services for financial institutions

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  Posted by u/ one year ago

Binance.US CEO Has Left, Crypto Exchange Cuts 1/3 of Workforce

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  Posted by u/ one year ago

CoinDesk Indices Expands Into Asia-Pacific Through Deal With Major Exchange Operator ICE

ICE Futures Singapore's bitcoin futures contracts will now be known as CoinDesk Bitcoin Futures contracts.

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  Posted by u/ one year ago

Craig Wright's Financial Disclosure Form in $143M Court Case Was Incomplete

A recent court order grants W&K Info Defense civil sanctions against Wright for incomplete financial disclosures, yet stops short of bringing criminal charges against the so-called inventor of Bitcoin.

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  Posted by u/ one year ago

BitMEX's Prediction Market is Now Live

Current prediction market contracts revolve around FTX bankruptcy claim recoveries, the future of bitcoin ETFs, and Sam Bankman-Fried?s jail sentence.

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  Posted by u/ one year ago

Tornado Cash Developer Faces Money Laundering Charges Next Year

In a recent development, the local court has confirmed that Alexey Pertsev, the developer behind Tornado Cash, will go on trial in the Netherlands on March 26 and 27 next year.

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  Posted by u/ one year ago

Tom Emmer Leads GOP Charge Against CBDC With 49 Republicans

House Majority Whip Tom Emmer, along with 49 fellow Republicans, has reintroduced the Central Bank Digital Currency Anti-Surveillance State Act. The updated bill bans "intermediated CBDCs" and streamlines reporting provisions.

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  Posted by u/ one year ago

Co-Founder Of $4 Billion Crypto Scam OneCoin Sentenced To 20 Years In Landmark Verdict

Karl Sebastian Greenwood, co-founder of the notorious cryptocurrency scam OneCoin, has been sentenced to 20 years in prison by U.S. District Judge Edgardo Ramos. The sentencing comes after Greenwood pleaded guilty to wire fraud.

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  Posted by u/ one year ago

Binance.US CEO Resigns Amid Company Cutting 100 Employees

In a significant shakeup at Binance.US, CEO Brian Shroder has stepped down from his position, leaving the crypto trading platform at a critical juncture. Shroder's departure has prompted the appointment of Chief Legal Officer Norman Reed as interim CEO.

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  Posted by u/ one year ago

U.S. Attorney?s Office Support Temporarily Halts Celsius CEO?s Prosecution Amidst FTC Battle

In a recent development, an agreement has been struck between Celsius debtors, the Official Committee of Unsecured Creditors, and the U.S. Attorney's Office. This agreement entails the suspension of legal proceedings against Alex Mashinsky, former CEO of Celsius.

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  Posted by u/ one year ago

Ripple?s Tenacity Meets SEC?s Challenge In Pivotal Lawsuit

Ripple remains steadfast in its legal battle against the SEC over alleged XRP securities violations. The SEC pushes for appeals court intervention, despite a recent ruling favoring Ripple's position on XRP's status.

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  Posted by u/ one year ago

Ripple To Hire 80% Of Its Workforce Outside The US Amid SEC Lawsuit Continues

Ripple Labs Inc. is shifting its focus internationally, with over 80% of its hiring this year set to take place outside the United States. The decision comes as the crypto payments company continues to grapple with a protracted legal battle against the U.S. Securities and Exchange Commission (SEC).

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  Posted by u/ one year ago

Sam Bankman-Fried Was Denied Release Because Of Witness Interference

Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, will remain behind bars as a U.S. federal judge has denied his motion for temporary release. The ongoing debate centers around Bankman-Fried's access to essential materials.

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  Posted by u/ one year ago

Layer 1 Blockchain Zilliqa And Google Cloud Unite For Unprecedented Scalability

Zilliqa Group and Google Cloud have forged a multi-year strategic partnership, with Google Cloud set to play a pivotal role in advancing the scalability, resilience, and accessibility of its Layer 1 blockchain protocol.

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  Posted by u/ one year ago

CoinEx Hack Has Caused $43 Million In Losses

Crypto exchange CoinEx experiences a $43 million security breach, impacting five blockchains, including Ethereum, TRON, and Bitcoin. It swiftly suspends deposit and withdrawal services, ensuring user assets remain secure, while promising full compensation to affected parties.

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  Posted by u/ one year ago

Solana (SOL) Nosedives 8% Weekly, Ripple (XRP) Drifts Below $0.5: Market Watch

Arbitrum's native token is among the poorest performers on a daily scale, having lost about 5% of its value.

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  Posted by u/ one year ago

Digital Fiats Will Help Us De-Dollarize, Claims Chinese Academic

Digital currencies will help China and its allies de-dollarize, a leading Chinese academic has claimed, as the nation continues to make CBDC progress.

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  Posted by u/ one year ago

CFTC Commissioner Calls for Fraud Database to Allow Investors to Identify Bad Actors

Christy Goldsmith Romero, commissioner of theÂ\xa0CFTC, has proposed the creation of a federal fraud database that would allow investors to identify individuals with bad reputations.

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  Posted by u/ one year ago

Airdrop Hunter Reportedly Fakes On-Chain Activity with Over 21,000 Sybil Wallets

Over 21k Sybil wallets used to fake on-chain activity in complex scheme.

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  Posted by u/ one year ago

PayPal Enhances Crypto Offering with USD Conversion Service

Payments giantÂ\xa0PayPalÂ\xa0is expanding its cryptocurrency offerings with the introduction of a USD conversion service.

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  Posted by u/ one year ago

ChatGPT Predicts Next Move for Shiba Inu Price, September Launch of New Meme Coin Wall Street Memes

The meme coin market is cooling off, with Shiba Inu (SHIB) experiencing a 36% price drop over the past month. Given this information, ChatGPT has provided insight on whether SHIB

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  Posted by u/ one year ago

Today in Crypto: Elderly Women Accuse US Man's 'Bitcoin Exchange' of Scam, DigiFT Launches 'First Regulatory-Compliant Ethereum Staking Token', Qredo Wallet Integrates USDC

Get your daily, bite-sized digest of cryptoasset and blockchain-related news.

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  Posted by u/ one year ago

Crypto Exchange CoinEx Hacked For $29 Million

The exchange has promised to recuperate losses for all affected users.

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  Posted by u/ one year ago

Alex Mashinsky Fights Back: Seeking Dismissal of US FTC?s Case

Celsius founder Alex Mashinsky seeks dismissal of the Federal Trade Commission's (FTC) case.

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  Posted by u/ one year ago

Bitget Bolsters Ecosystem Expansion with Another $100 Million Fund

The Bitget EmpowerX Fund is part of its strategy of maximizing its "long-term impact" on the digital asset industry.

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  Posted by u/ one year ago

Digital Ruble 'Could Help De-Dollarize' Russia, Ex-Gov't Minister Claims

The launch of Russia's CBDC, the digital ruble, will help spur de-dollarization, a former government minister has claimed.

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  Posted by u/ one year ago

Gambling on Options Is Fun

Gambling on Options Is Fun

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  Posted by u/ one year ago

Nasdaq 100 Drops 1% as Apple Slides After Event: Markets Wrap

Nasdaq 100 Drops 1% as Apple Slides After Event: Markets Wrap

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  Posted by u/ one year ago

Trump seeks removal of federal judge from election conspiracy case

Donald Trump's lawyers argued U.S. District Judge Tanya Chutkan should be disqualified from his election conspiracy case for comments about Jan. 6.

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  Posted by u/ one year ago

House GOP orders impeachment inquiry into Biden

House Speaker Kevin McCarthy ordered House Republicans to open an impeachment inquiry into President Joe Biden.

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