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   Business News    Business News   Business News

  Posted by u/ one year ago

Coinbase Exchange Remains Inactive in India, While Other Operations Are Still Active

Coinbase continues to operate its tech-hub in India and provide wallet services to Indian customers while its exchange operations remain suspended.

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  Posted by u/ one year ago

Decentralized Exchange Sushi Expands to Aptos Blockchain

Sushi, the decentralized exchange (DEX) that has $350 million in locked value, has expanded its services to a layer-1 blockchain Aptos.

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  Posted by u/ one year ago

First Mover Americas: Altcoins Start the Week in the Red

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 11, 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

Crypto Safekeeping Specialist Fireblocks Introduces Non-Custodial Wallet Service

Fireblocks? multi-party computation technology works well in a non-custodial setting, shifting counterparty risk away from a corporate entity, Shaulov explained in an interview with CoinDesk.

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  Posted by u/ one year ago

Maple Finance Nearly Imploded, but Sid Powell Wants to Bring Back Its Billion Dollar-Plus Glory

Last year?s crypto crash wiped out Maple Finance?s TVL as borrowers crumbled and lenders fled. In an interview with CoinDesk, the protocol?s co-founder and CEO lays out his plan for growth in an era of heightened risk management.

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  Posted by u/ one year ago

Hack of Vitalik Buterin's X Account Leads to $691K Stolen

Hackers who took control of Ethereum founder Vitalik Buterin's X account have stolen more than $691,000 after posting a malicious phishing link that gained access to people's wallets.

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  Posted by u/ one year ago

FTX Holds $1.16B in SOL, $200M in Bahamas Real Estate, Court Filing Says

The company says it paid billions to executives including founder Sam Bankman-Fried before filing for bankruptcy last year.

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  Posted by u/ one year ago

AI Is Killing Crypto Venture Capital Interest

Scandals like FTX drove away VCs, leading to a collapse in venture funding. Now, artificial intelligence is soaking up the capital still available in an uncertain macro environment, says Chris Coll-Beswick, at Transcend Labs, a startup accelerator.

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  Posted by u/ one year ago

The G20?s Crypto Hand-Wringing Is Not Significant

The G20 can say what it wants on the crypto regulations front. It?s not a threat to the ecosystem, says Noelle Acheson.

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  Posted by u/ one year ago

Bitcoin Drops Below $25K With Altcoins Bracing for Deeper Crash from FTX Crypto Sale

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  Posted by u/ one year ago

Will the CFTC Blot Out DeFi in the U.S.?

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  Posted by u/ one year ago

Luno to Halt Some UK Clients From Investing in Crypto as Regulation Looms

The U.K. Financial Conduct Authority crypto promotion rules will be coming into effect by October 8.

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  Posted by u/ one year ago

Defiant Gensler Returns to Crypto Grievances Ahead of Senate Testimony

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is doubling down on his crypto objections in his first remarks following the second recent court setback in his agency?s sweeping legal fight with the industry.

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  Posted by u/ one year ago

Trading Firms Deposit Millions in BTC, ETH and ARB to Exchanges as Crypto Sell-Off Intensifies

Crypto markets dropped sharply on Monday, with bitcoin?s price dipping below $25,000.

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  Posted by u/ one year ago

Sam Bankman-Fried, DOJ Propose Jury Questions Ahead of October Trial

Attorneys for FTX founder Sam Bankman-Fried and the U.S. Department of Justice filed their proposed jury instructions and

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  Posted by u/ one year ago

Crypto Exchange Bitget Establishes $100M Pot to Fund Ecosystem Growth

Bitget anticipates tightened regulations and growth of layer-2 blockchain networks and DeFi technologies bringing about an evolution in how centralized exchanges operate.

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  Posted by u/ one year ago

DOJ 'Overreaching' in Trying to Block Sam Bankman-Fried's Proposed Witnesses, Defense Says

Prosecutors with the U.S. Department of Justice are trying to limit FTX founder Sam Bankman-Fried's right to a fair trial by moving to block all of his proposed expert witnesses, defense attorneys said. The DOJ, for its part, said the defense mischaracterized a proposed prosecution witness's planned testimony.

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  Posted by u/ one year ago

Standard Chartered-Backed Zodia Custody Now Available in Singapore

Zodia Custody, a cryptocurrency storage provider and a subsidiary of Standard Chartered, has launched in Singapore, to provide digital asset custody services for financial institutions.

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  Posted by u/ one year ago

Binance Says SEC?s Request for Depositions is ?Overbroad? and 'Unduly Burdensome'

Binance says the SEC has no evidence to support its allegations that imply investor assets have been wrongfully diverted.

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  Posted by u/ one year ago

Coinbase Prime Enhances Institutional Access with Cutting-Edge Web3 Wallet

Coinbase Prime has unveiled its latest innovation, the Coinbase Prime Web3 Wallet, in response to surging demand from institutional and enterprise clients seeking secure access to Web3 and DeFi.

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  Posted by u/ one year ago

Tether And Bitfinex CTO Will Be Deposed In $1.4 Trillion Lawsuit Deposition

Bitfinex and Tether's CTO, Paolo Ardoino, are set to play a crucial role in an ongoing class-action lawsuit against the two companies, according to a recent order by a New York judge.

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  Posted by u/ one year ago

Vitalik Buterin Transfers $3.12 Million ETH to the Exchange Amid Market Decline

In a recent blockchain data revelation, a wallet linked to Ethereum co-founder Vitalik Buterin has made a substantial transfer.

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  Posted by u/ one year ago

Crypto Exchange Luno Halts Investments Ahead Of Regulatory Challenge

Luno, a leading cryptocurrency exchange platform operating in the UK, has revealed plans to temporarily suspend certain customers' ability to invest in cryptocurrencies starting October 6.

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  Posted by u/ one year ago

SEC And Binance Join Forces To Safeguard Evidence Confidentiality Amid Ongoing Lawsuit

In a recent development, the U.S. Securities and Exchange Commission (SEC) and Binance, the global cryptocurrency exchange, have taken a significant step in their ongoing legal battle.

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  Posted by u/ one year ago

Vitalik Buterin Admits Recent X Account Hack Was Due To SIM Swap Attack

In a recent revelation, Ethereum co-founder Vitalik Buterin disclosed that his Twitter account had fallen victim to a SIM swap attack, shedding light on the growing risks associated with mobile phone security.

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  Posted by u/ one year ago

SEC Chairman Gary Gensler Persists In Crypto Regulation Despite Challenge

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler is set to address the U.S. Senate Banking Committee on Tuesday, reaffirming his commitment to the regulation of cryptocurrencies despite recent legal setbacks.

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  Posted by u/ one year ago

Arbitrum Whales Are Losing Money In Latest Sell-Off

Amidst the recent crypto market downturn, several significant players, including Jump Trading, Wintermute Trading, and Abraxas Capital, initiated large-scale transfers of BTC, Arbitrum (ARB), and ETH to various crypto exchanges, as per on-chain data.

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  Posted by u/ one year ago

dYdX Community On Alert: Suspicious Snapshot Sparks Scam Fears

In a recent development, the dYdX community has been shaken by the emergence of a suspicious Snapshot, which appears to have been created with malicious intent. The Snapshot in question was designed to "skip testnet round 3 and go live with BETA v4."

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  Posted by u/ one year ago

Sony And Startale Labs Join Forces To Shape The Future Of Web3 With Sony Chain

Sony Network Communications and Startale Labs are joining forces to establish a new joint venture named "Sony Network Communications Labs Pte. Ltd." set to launch in mid-September. This collaboration will focus on pioneering developments in blockchain technology.

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  Posted by u/ one year ago

EM Asia?s Worst Stock Selloff May Extend as Foreigners Flee

EM Asia?s Worst Stock Selloff May Extend as Foreigners Flee

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  Posted by u/ one year ago

Top Fund Managers Snap Up Japan Banks on BOJ Tightening Bets

Top Fund Managers Snap Up Japan Banks on BOJ Tightening Bets

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  Posted by u/ one year ago

Tech Giants Power Stock Gains as Tesla Jumps 10%: Markets Wrap

Tech Giants Power Stock Gains as Tesla Jumps 10%: Markets Wrap

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  Posted by u/ one year ago

How the echoes of 9/11 are shadowing Joe Biden's presidency

The 9/11 attacks triggered wars, deepened distrust of government and continue to impact Joe Biden's presidency in ways big and small.

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  Posted by u/ one year ago

Trump, GOP rivals remember 9/11. Others cite Trump's words from 2001

Trump claimed that the destruction of the World Trade Center of 9/11 left one of his buildings as the tallest in the area.

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  Posted by u/ one year ago

Why was Donald Trump arrested? What to know about his 4 indictments

Do you need a refresher on former President Donald Trump?s four indictments in 2023? Here?s what you need to know.

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  Posted by u/ one year ago

Iowa Dems warn Biden he won't be able to take back House without them

Iowa Democrats are warning that writing the state off in 2024 could jeopardize the party's ability to win the House and have unintended consequences for Biden.

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  Posted by u/ one year ago

SoFi?s Full-Service Ambitions Face Key Test in Instacart IPO

SoFi?s Full-Service Ambitions Face Key Test in Instacart IPO

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  Posted by u/ one year ago

ETF Investors Pour Cash Into EM?s Non-China Growth Engines

ETF Investors Pour Cash Into EM?s Non-China Growth Engines

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  Posted by u/ one year ago

Stocks Are on Sale in the UK ? If You Know Where to Look

Stocks Are on Sale in the UK ? If You Know Where to Look

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  Posted by u/ one year ago

Oppenheimer?s Stoltzfus Says US Stocks Are Likely to Dip Further

Oppenheimer?s Stoltzfus Says US Stocks Are Likely to Dip Further

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  Posted by u/ one year ago

Hong Kong Builders Fall on Sun Hung Kai Earnings, HSBC Rate Plan

Hong Kong Builders Fall on Sun Hung Kai Earnings, HSBC Rate Plan

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  Posted by u/ one year ago

Nasdaq 100 Up 1% as Dollar Falls After Hot Streak: Markets Wrap

Nasdaq 100 Up 1% as Dollar Falls After Hot Streak: Markets Wrap

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  Posted by u/ one year ago

'Liar': State official rips Trump over efforts to keep him off ballot

Colorado Secretary of State Jena Griswold called Donald Trump a "liar" for attacking efforts to keep him off the 2024 Republican primary ballot.

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  Posted by u/ one year ago

'I'll go': Christie vows to 'follow' Trump if he skips the next GOP debates

"I?m going to follow him around the country,? Former New Jersey Gov. Chris Christie said. ?Wherever he goes, I?ll go. And we?ll wind up talking.?

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  Posted by u/ one year ago

Congress has days to dodge a government shutdown. What that means for you

Congress has just 11 legislative days to fund the government and avert a shutdown. Here's how a government shutdown could affect you.

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  Posted by u/ one year ago

'He was a good friend': Biden visits John McCain's memorial in Vietnam

Before departing from Hanoi, Vietnam, on Monday, President Joe Biden paid his respects at the John Sidney McCain III Memorial.

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  Posted by u/ one year ago

Biden meets with leaders in Vietnam

President Biden met with leaders in Vietnam to help strengthen their semiconductor industry and their collaboration on critical technologies.

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  Posted by u/ one year ago

Terra Luna Classic contemplates deposit hike to curb spam proposals

This measure is intended to counteract the influx of 'spam' and irrelevant proposals submitted for voting within the Terra Luna Classic community.

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  Posted by u/ one year ago

AI token trading volume stagnant despite Worldcoin buzz ? Kaiko data

The examination revealed a moderate increase in the trading volume of AI tokens last month, reaching approximately $870 million, up from $570 million at the close of July.

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  Posted by u/ one year ago

Is 2023 the year genuine cross-chain interoperability takes off?

Blockchains need to become interoperable in order for the industry to truly flourish and several innovations will accelerate the ecosystem towards it, say executives.

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