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   Business News    Latest News and Updates   Latest News and Updates

  Posted by u/ one year ago

Judge orders Ripple, SEC to agree to possible settlement dates

US Judge Analisa Torres referred Ripple vs. SEC case to Magistrate Judge Sarah Netburn. Last week’s ruling was that XRP was not a security. The Ripple vs. SEC case continues but Judge Netburn has suggested both Ripple and SEC can agree to possible settlement conference dates if they believe it to be “productive” at this […]

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  Posted by u/ one year ago

Bitcoin price support at $30K opens the door for gains from UNI, ARB, AAVE and MKR

BTC price is back in its range, potentially given opportunities for UNI, ARB, AAVE and MKR to move higher.

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  Posted by u/ one year ago

BTC traders brace for $30K loss ? 5 things to know in Bitcoin this week

BTC price performance is worrying market participants in the short term, but the signs of broader Bitcoin accumulation are there.

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  Posted by u/ one year ago

AI Eye: AI?s trained on AI content go MAD, is Threads a loss leader for AI data?

The reason AIs will always need humans, religous chatbots urge death to infidels, and is Threads? real purpose to generate AI training data?

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  Posted by u/ one year ago

Bitcoin ?full breakout? not here yet as BTC price spends month at $30K

BTC price targets extend down to $27,000 with Bitcoin in a state of ?flux.?

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  Posted by u/ one year ago

Multichain saga screws users, Binance fires 1,000 staff: Asia Express

The Multichain saga includes secret arrests, a suspicious exploit, and one man allegedly in control of $1.5B. Plus, Binance fires staff.

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  Posted by u/ one year ago

Is It Too Late to Buy XRP? XRP Price Nearly Doubles in 7 Days and Launchpad XYZ Just Raised $1.1 Million \x93 What Does it Do?

XRP surged +99% after SEC case defeated, but with Ripple in retracement is it too late to buy XRP? Find out in this XRP price analysis.

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  Posted by u/ one year ago

Ripple (XRP) Expecting Customers From US Banking Sector Next Quarter

Now that the court has partly cleared Ripple?s name, the company behind XRP is expecting business to pick up.\r\n

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  Posted by u/ one year ago

Today in Crypto: Gnosis Released Pay and Card Products, cLabs Proposes Migrating Celo to Layer 2 Built on Ethereum, Unstoppable Domains Adds ENS-based .eth Domains

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

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  Posted by u/ one year ago

New Meme Coin Thug Life is Listing Today - Can This Crypto 100x Like $SPONGE?

Thug Life Token is about to launch on DEXs and could explode as pent-up demand and FOMO carry across from the project's sold-out presale.

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  Posted by u/ one year ago

SEC v. Ripple referred to judge who ordered release of ?Hinman Documents?

Judge Analisa Torres has sent the remaining issues in the SEC v. Ripple case to Magistrate Judge Sarah Netburn.

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  Posted by u/ one year ago

Solana And Cardano Prices Slide But Launchpad XYZ Raises $1 Million

Major altcoins saw another strong correction as the global crypto market cap shrank by 0.5% over the past day. Solana plunged 4% over the past 24 hours, while Cardano fell

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  Posted by u/ one year ago

Burned Investor Accused of Kidnapping and Assaulting Ontario?s ?Crypto King? (Report)

Akil Heywood has also purportedly threatened a bankruptcy trustee Rob Stelzer to force him to pay $2 million in digital currencies.

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  Posted by u/ one year ago

Ripple?s XRP Ruling a ?Milestone Win? for Crypto Industry, Says JMP Securities

A summary judgment partially in favor of payments network Ripple represents a milestone win for the crypto industry and provides legal clarity as to what does and doesn?t represent a security, JMP Securities wrote in a research note Friday.

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  Posted by u/ one year ago

Financial Stability Board Calls for Tougher Global Crypto Rules After Year of Turmoil

The standard-setter called for crypto companies to adapt now, after allegations of misuse of client funds at FTX

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  Posted by u/ one year ago

BNB Token Is Being Heavily Shorted, Perpetual Futures Show

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  Posted by u/ one year ago

Cathie Wood's ARK Sells Another $50.5M Coinbase Shares

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  Posted by u/ one year ago

Next Bitcoin Halving Event Could Be a Stress Test for Miners: JPMorgan

The next halving will see a reduction in miners? revenues and an increase in bitcoin production costs at the same time, the report said.

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  Posted by u/ one year ago

Unstoppable Adds Support for ENS Domains

The domain provider will also offer auto renewal for the .eth domains as well as the ability to use fiat payment methods like credit cards.

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  Posted by u/ one year ago

Gnosis Lets Crypto Users Make Everyday Purchases From Wallets With Visa

The crypto-based debit card will allow web3 users to use their stablecoins to pay for products in everyday life.

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  Posted by u/ one year ago

1inch Token Surges 58% as Daily Trading Volume Spikes to 20-Month High; Investor Moves $3.7M to Binance

The native token of decentralized exchange (DEX) aggregator 1inch (1INCH) has risen by more than 30% in the past 24-hours as trading volume hit $597 million, its highest level since October, 2021.

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  Posted by u/ one year ago

SEC Launches Review of Latest Bitcoin ETF Applications

The U.S. Securities and Exchange Commission (SEC) has launched its review of the latest bitcoin exchange-traded-fund (ETF) applications.

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  Posted by u/ one year ago

EU's Data Act Final Draft Still Contains Controversial Smart Contract Kill Switch

Lawmakers appear to have largely ignored pleas from organizations linked to Polygon, NEAR and Cardano about the kill-switch, according to a final version of the text seen by CoinDesk

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  Posted by u/ one year ago

First Mover Americas: BNB Is Being Heavily Shorted

The latest price moves in bitcoin (BTC) and crypto markets in context for July 17, 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

Nil Foundation and Semiconductor Startup Partner to Collaborate on ZK Proofs Software, Hardware

The effort will accelerate the deployment of zero-knowledge proofs, one of the hottest trends in blockchain technology, they said.

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  Posted by u/ one year ago

A New Uniswap Feature Aims to Eliminate DeFi Pain Points

UniswapX, announced at EthCC in Paris, offers better prices by aggregating liquidity sources, gas-free swaps, and protection against MEV.

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  Posted by u/ one year ago

Lightning Network Bitcoin Deposits Now Live on Binance

Bitcoin holders that want to deposit their assets to crypto exchange Binance using the lightning network, a bitcoin scaling solution.

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  Posted by u/ one year ago

Celsius Moves $59M of Altcoins in Possible Prelude to Converting Into BTC, ETH

The U.S. bankruptcy court granted the crypto lender permission to sell its altcoin holdings for BTC and ETH starting in July.

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  Posted by u/ one year ago

Chainlink's Interoperability Protocol, Connecting Blockchains to ?Bank Chains,? Goes Live

This is the launch of the standard that could connect all of the blockchains and all of the bank chains, Sergey Nazarov said in an interview with CoinDesk.

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  Posted by u/ one year ago

Hector Network Votes to Liquidate $16M Treasury Following Multichain, Fantom Losses

Hector Network's HEC and TOR tokens, and its treasury, suffered major losses related to Multichain. The project is based on Fantom.

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  Posted by u/ one year ago

BlockFi Bet Big on FTX and Alameda Even After Seeing Infamous Balance Sheet, Creditors Say

The crypto lender saw ?the exact same balance sheet? later published by CoinDesk but still put clients' money in Sam Bankman-Fried?s companies, a scathing new report claims.

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  Posted by u/ one year ago

Binance Slashes Worker Benefits as Profit Falls: WSJ

Binance has stopped offering certain benefits to its employees on June 19 as the company?s profits continue to decline, according to former employees and internal company messages viewed by the Wall Street Journal.

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  Posted by u/ one year ago

Ron DeSantis Promises to Ban CBDCs if Elected President

DeSantis in March signed a bill as Florida?s governor to prohibit the use of CBDC?s within his state.

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  Posted by u/ one year ago

SEC's Gensler Says AI Could Play Big Role in Future Financial Crises

Artificial intelligence ?may heighten financial fragility as it could promote herding,? the regulator said in a speech

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  Posted by u/ one year ago

Ripple's XRP Ruling Does Nothing for Regulatory Clarity

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  Posted by u/ one year ago

Celo Proposes to Ditch Own Standalone Blockchain for Layer-2 Network on Ethereum

The development team behind the independent Celo blockchain says benefits could accrue from transitioning to the Ethereum ecosystem, in terms of greater liquidity, improved security and more compatibility.

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  Posted by u/ one year ago

Barclays Joins Wall Street Analysts Calling XRP Ruling Positive for Coinbase

Wall Street banks including J.P. Morgan also saw the ruling as a positive outcome for the crypto exchange.

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  Posted by u/ one year ago

Dragonfly, Arthur Hayes Back $6M Round for New Stablecoin, Ethena

The Portugal-based startup also plans to launch a bond token built on the stablecoin platform in the third quarter of 2023.

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  Posted by u/ one year ago

SEC's Gensler 'Disappointed' by Part of Ripple's XRP Judgement, Still Assessing Opinion

U.S. Securities and Exchange Commissioner (SEC) Chair Gary Gensler said Monday he was disappointed with the court's decision in a part of the Ripple case.

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  Posted by u/ one year ago

Bitcoin Dips Below $30K to Lowest Since Late June as Altcoins Pare Gains From XRP Lawsuit

XRP, SOL and LDO lost more than 5% in the last 24 hours.

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  Posted by u/ one year ago

Crypto Catalysts: Investors to Weigh Jobs, Retail Sales, Production Data for Latest Inflation Signals

The jobs market remains strong, a concern for the U.S. central bank which seems intent on raising the Federal Funds rate 25 basis points.

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  Posted by u/ one year ago

Binance Ends Argentina?s Soccer Association Partnership Citing Lack of Compliance

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  Posted by u/ one year ago

Despite BlackRock, Don?t Expect a Flood of Spot-Bitcoin ETFs Soon: Experts

BlackRock?s recent application to start a Bitcoin ETF has raised hopes that the SEC would soon approve an instrument seen as key to crypto?s growth. But a range of market watchers contacted by CoinDesk said several roadblocks still lie ahead.

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  Posted by u/ one year ago

First Mover Asia: Bitcoin Rebounds to $30.1K After Retreating to June Low

PLUS: A day in the life of Binance?s head of law enforcement training ? petty crooks, fake subpoenas, and dodging politically sensitive requests.

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  Posted by u/ one year ago

Wood Says ARK Is ?Taking Profits? as It Sells $26 Million in COIN

The sale comes a day after ARK sold $50.5 million of the crypto exchange?s stock.

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  Posted by u/ one year ago

Celsius Estate Settles With Series B Holders Over Proceeds of GK8 Sale

Mike Novogratz?s Galaxy Digital purchased self-custody platform GK8 from Celsius in December as part of bankruptcy proceedings.

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  Posted by u/ one year ago

UK Financial Conduct Authority Plans To Strengthen Regulations On Crypto Promotions

UK's Financial Conduct Authority (FCA) is introducing new social media guidance to combat illegal and non-compliant financial promotions.

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  Posted by u/ one year ago

Customers Bank Now Emerges As Favorite Banking Partner For US Crypto Industry

Customers Bank emerges as a top banking partner for the US crypto industry after the closure of Silvergate Capital and Signature Bank.

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  Posted by u/ one year ago

Gary Gensler Feeling Disappointed About The Court?s Judgment In Ripple Lawsuit

SEC Chair Gary Gensler comments on the recent court ruling in the SEC's lawsuit against Ripple, expressing both satisfaction and disappointment with the outcome.

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  Posted by u/ one year ago

Binance Cuts Benefits Of Employees Amid Regulatory Challenge

Binance faces financial strain and regulatory challenges, resulting in layoffs and benefit reductions.

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