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   Business News    Latest News and Updates   Latest News and Updates

  Posted by u/ one year ago

Largest Crypto Miners Will Benefit Most From Capacity Growth: Bernstein

Larger miners with a low cost of production and low debt are likely to be the big beneficiaries of increased capacity, the report said.

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  Posted by u/ one year ago

Trader Joe Debuts on Ethereum; JOE Jumps 3%

The DEX's Liquidity Pool was already available on Arbitrum, BNB Chain and Avalanche.

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  Posted by u/ one year ago

Revolut Suspends U.S. Crypto Platform Over Regulatory Uncertainty

The digital bank said U.S. customers will not be able to access crypto via its platform starting Oct. 3.

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  Posted by u/ one year ago

Arbitrum's Most Popular DEX Goes Live With New Version Offering DOGE Pools at 40%

Version 2 of GMX allows trading of riskier assets at lower fees, with some pools yielding as much as an annualized 47%.

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  Posted by u/ one year ago

Coinbase Moves to Dismiss SEC Lawsuit, Alleging Crypto Falls Out of Regulator's Oversight

Coinbase filed for judgement in its ongoing case against the U.S. Securities and Exchange Commission, alleging the regulator is stepping well outside its jurisdiction in suing the crypto exchange.

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  Posted by u/ one year ago

Hong Kong's New Crypto License Could Cost Exchanges a Pretty Penny

The city?s new licensing regime paves the way for exchanges to operate legally but tough compliance requirements could cost firms as much as $20 million, industry insiders say.

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  Posted by u/ one year ago

First Mover Americas: Upbit Moves Up to No. 2 in Spot Trading Volume

The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 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

U.S. Added 187K Jobs in July, Missing Estimates for 200K, Bitcoin Slips to $29,100

The unemployment rate TKTK to 3.X% versus estimates for 3.6%.

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  Posted by u/ one year ago

'Suspicious' Multichain Wallet Dumps $1.8M of WOO Network Tokens; Price Drops 8%

An Ethereum wallet funded by a beneficiary of the Multichain exploit has sold $1.8 million worth of WOO Network (WOO) tokens on Uniswap, causing the price to slump by 8%.

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  Posted by u/ one year ago

Looter Behind $61M Curve Hack Starts Returning Assets, Raising Hope for Recovery

The exploited protocols offered a 10% bounty Thursday for returning the rest of the assets until the end f this week.

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  Posted by u/ one year ago

Coinbase Bears Doubt Stock Can Rise Even After Exchange Beats Estimates

It?s hard to see a favorable valuation argument for the stock given the company?s revenue is tethered to an asset class that has yet to show a sustainable everyday utility value, Goldman Sachs said.

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  Posted by u/ one year ago

Avalanche Blockchain Usage Grew in Second Quarter: Nansen

The Avalanche C Chain saw daily active address and transaction volume ? two important metrics to gauge a blockchain?s health level ? increase significantly in the period.

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  Posted by u/ one year ago

Miami Mayor Francis Suarez to Accept Presidential Campaign Donations in Bitcoin

Bitcoin-friendly Miami Mayor Francis Suarez will be accepting donations in bitcoin (BTC) and other crypto for his presidential campaign, he announced on CoinDesk TV on Friday.

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  Posted by u/ one year ago

Crypto Investor HashKey Aims to Raise $100M for New Digital Assets Fund

The liquid digital assets fund, regulated by the Hong Kong Securities and Futures Commission, will open for investments on Sept. 1.

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  Posted by u/ one year ago

Did Razzlekhan?s Husband Really Hack Bitfinex?

?Ilya is a f***ing idiot,? says former U.S. ?Most Wanted? hacker Brett Johnson, who questions yesterday?s bombshell confession.

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  Posted by u/ one year ago

The Psychology of Failure and Its Meaning for Web3 Games

The possibility of not winning is among the motivations for gamers to participate because it gives them the opportunity to learn and improve.

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  Posted by u/ one year ago

Is It 2022 Again? Comedian Adam DeVine Appears in Strange Ad for Crypto Exchange Bitget

The ?Workaholics? co-creator and star is the face of Bitget?s new #SetForChange campaign, which released a new ?Crypto & Beach Houses? video to kick off the partnership.

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  Posted by u/ one year ago

America?s Credit Rating Helps Make Case for Bitcoin

Fitch?s downgrade of U.S. debt this week is a warning to American policymakers and r underscores why Bitcoin and other open monetary systems matter.

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  Posted by u/ one year ago

Global X Refiles Spot-Bitcoin ETF Application, Naming Coinbase as ?Surveillance-Sharing? Partner

The filing comes around the same time the firm requested permission to offer a bitcoin-future ETF.

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  Posted by u/ one year ago

Bitwise Joins The Race With 2 Ether Futures ETFs, SEC Now Has Totaling 12 Applications

Bitwise files for two Ethereum futures ETFs, joining twelve total applications.

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  Posted by u/ one year ago

WEMIX Scandal Escalates: South Korean Authorities Seize 2 Companies Involved

South Korean prosecutors seized two companies linked to the alleged counterfeit circulation of virtual asset WEMIX by game company WeMade.

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  Posted by u/ one year ago

Revolut Stops Supporting Crypto In The US From September 2 Due To Harsh Regulations

British digital bank Revolut has declared the suspension of its cryptocurrency services in the United States due to regulatory shifts and uncertainties within the U.S. crypto market.

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  Posted by u/ one year ago

JPEG?d Confirmed Recovered 5494.4 WETH, 10% White Hat Hacker Bonus

NFT lending platform JPEG'd has recovered all 5,494.4 WETH, worth about $10 million at current prices, from hacker Curve Finance.

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  Posted by u/ one year ago

Legal Probe Now Targets Digital Currency Group?s Financial Dealings With Genesis

New York's Attorney General probes Digital Currency Group's ties with Genesis Global Capital.

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  Posted by u/ one year ago

Curve Finance Founder Sells Another 8 Million CRVs Before Liquidation Concerns

Curve Finance founder, Michael Egorov, continued to sell 8 million CRVs to 5 investors/institutions.

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  Posted by u/ one year ago

Valkyrie?s Bold Move: Converting Bitcoin Strategy ETF To Include Ether

Valkyrie plans to convert its Bitcoin Strategy ETF into a Bitcoin and Ether Strategy ETF on October 3, two weeks ahead of the other 13 ETFs' planned launches.

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  Posted by u/ one year ago

Former Celsius CEO Faces Fraud Allegation In Federal Court in New York

Former Celsius CEO Alex Mashinsky faces a lawsuit filed by New York Attorney General Letitia James, accusing him of fraud.

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  Posted by u/ one year ago

Global X Joins Bitcoin ETF Race With Dynamic Strategy Amidst Regulatory Scrutiny

Global X applies for spot Bitcoin ETF and dynamic BTC futures allocation.

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  Posted by u/ one year ago

Tether And Bitfinex Triumph As Judge Dismisses Class Action Lawsuit

Judge dismisses class action lawsuit against Tether and Bitfinex, finding lack of credible injury claims.

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  Posted by u/ one year ago

SHIB Spikes 5% as Binance Announces Shiba Inu (SHIB) as Collaterized Asset: BONE Listing Soon?

The update ignited rumors aboute a potential BONE listing by Binance.

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  Posted by u/ one year ago

Shiba Inu (SHIB) Lead Developer Calls Coinbase Onchain Summer a Copycat

Shiba Inu's lead developer called Coinbase's Onchain Summer a copycat.

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  Posted by u/ one year ago

Here?s Why Revolut Will Stop Providing Crypto Services to American Clients (Report)

Revolut will supposedly terminate all crypto services to US customers as of October 3.

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  Posted by u/ one year ago

Today in Crypto: Bank of Russia Reveals Official CBDC Logo, Revolut Shuts Down Crypto Platform for its US Customers, US DoJ Asks Sam Bankman-Fried's 'Bail be Revoked and Defendant be Detained'

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

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  Posted by u/ one year ago

XRP to the Rescue? Coinbase Cites Ripple Ruling, Seeks to End SEC Lawsuit

Coinbase said crypto assets fall outside the SEC's delegated authority as set by Congress.

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  Posted by u/ one year ago

Curve Finance Offers 10% Bug Bounty to Attackers Behind Vyper $50M+ Exploit

The trio has given the hackers until August 6 to return 90% of the funds, or the bounty would be offered to the public and given to anyone who would

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  Posted by u/ one year ago

Amazon Surges After Jassy Spurs Sales Growth, Reins in Costs

Amazon Surges After Jassy Spurs Sales Growth, Reins in Costs

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  Posted by u/ one year ago

Apple Loses Historic $3 Trillion Crown as Sales Disappoint

Apple Loses Historic $3 Trillion Crown as Sales Disappoint

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  Posted by u/ one year ago

S&P 500 Wipes Out Almost 1% Gain; Bond Yields Drop: Markets Wrap

S&P 500 Wipes Out Almost 1% Gain; Bond Yields Drop: Markets Wrap

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  Posted by u/ one year ago

Crimson tide: Trump scores sweep of House GOP delegation in Alabama

Crimson tide: Trump scores sweep of House GOP delegation in Alabama

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  Posted by u/ one year ago

$50 an hour to wait in line? How Trump's arraignment brought a windfall for some

Some media outlets used line sitters to access former President Donald Trump's 2020 election arraignment.

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  Posted by u/ one year ago

Poll: 45% of Republicans won't back Trump in 2024 if felony conviction

The Reuters/Ipsos poll also found Republicans are less likely than Democrats or Americans overall to believe the charges in the third indictment.

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  Posted by u/ one year ago

Trump faces up to 55 years in prison for recent charges, not death | Fact check

Special counsel Jack Smith's office said the charges against Trump do not have the "special findings required" to seek the death penalty.

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  Posted by u/ one year ago

'I'm coming after you:' Trump issues new threats amid latest indictment

Former president and current candidate Trump adjusts his strategy to turn his three indictments into political weapons

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  Posted by u/ one year ago

Craze for Anything EV Sends Steelmaker on $18 Billion Ride

Craze for Anything EV Sends Steelmaker on $18 Billion Ride

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  Posted by u/ one year ago

Reading Between the Lines of Morgan Stanley?s Mea Culpa

Reading Between the Lines of Morgan Stanley?s Mea Culpa

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  Posted by u/ one year ago

BofA Clients Turn Cautious, Flee From Stocks on Recession Risks

BofA Clients Turn Cautious, Flee From Stocks on Recession Risks

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  Posted by u/ one year ago

Stocks Rise, Bond Yields Fall After Mixed Jobs: Markets Wrap

Stocks Rise, Bond Yields Fall After Mixed Jobs: Markets Wrap

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  Posted by u/ one year ago

If Trump Gets Convicted, Blame Ulysses S. Grant

If Trump Gets Convicted, Blame Ulysses S. Grant

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  Posted by u/ one year ago

Kagan enters fray over Congress? power to police Supreme Court

Kagan enters fray over Congress? power to police Supreme Court

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  Posted by u/ one year ago

Inside the courtroom: Donald Trump, Jack Smith and a historic glance

Inside the courtroom: Donald Trump, Jack Smith and a historic glance

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