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bob wrote a new post
1 year agoComparing Centralized and Decentralized Crypto Exchanges
MultiBank.io is a trading platform that supports 90+ crypto trading pairs and can handle 9 million trades per second. It offers low fees and an impressive 125:1 leverage on certain digital assets, including Bitcoin…
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1 year agoFormer FTX CEO Sam Bankman-Fried Accused of Stealing Customers' Funds
The ongoing trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried, continued on October 4 with both parties giving their opening arguments. The prosecution accused SBF of stealing…
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1 year agoFTX Exploiter Moves $36.8 Million in Ether Amid SBF Court Trials
The FTX exploiter has moved roughly $36.8 million worth of Ether ETH in the last 24 hours, amidst the ongoing court trials of the defunct crypto exchange’s ex-CEO Sam Bankman-Fried (SBF). On November 11, 2022, a…
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1 year agoMEXC Ventures Invests in The Open Network, Aims to Transform Telegram into Crypto Hub
MEXC Ventures, a subsidiary of the MEXC cryptocurrency exchange, has made a significant investment in The Open Network (TON). This marks the company’s most ambitious layer-1 financial commitment to date. The p…
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1 year agoBinance to Delist 19 BUSD Trading Pairs on October 6th
Binance, the world’s leading cryptocurrency exchange, has announced that it will be delisting 19 BUSD trading pairs on October 6th. The exchange cites poor liquidity and an upcoming discontinuation of BUSD s…
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1 year agoVisa Exec Highlights Role of Payment Cards in Driving Crypto Adoption
Visa has been playing a crucial role in driving the adoption of digital assets by integrating conventional payment cards into cryptocurrency exchange offerings. Akshay Chopra, VISA’s VP head of Innovation & D…
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1 year agoEurozone Central Banks Move Forward with Wholesale CBDC Plans Despite Privacy Coin Surge
Central Banks in the Eurozone are planning to launch a wholesale Central Bank Digital Currency (CBDC) in the near future. This CBDC is designed for financial institutions and businesses, and is intended to…
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1 year agoHong Kong Crypto Fund Raises $100 Million to Support Asian Blockchain Startups
CMCC Global, a Hong Kong-based venture capital firm, has raised $100 million to support Asian blockchain startups. The fund, called Titan Fund, was backed by 30 investors including Block.one, Pacific Century Group,…
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1 year agoRussian Crypto Exchange CommEx to Welcome 1M Binance Users Amid Regulatory Pressure
Binance, one of the world’s largest cryptocurrency exchanges, is withdrawing from Russia due to pressure from US regulators. This has led to the acquisition of Binance’s Russian operations by CommEx, a company tha…
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1 year agoJudge Dismisses SEC Appeal in Ripple Case, XRP Price Spikes to $0.55
The US Securities and Exchange Commission (SEC) and Ripple have been in a legal battle for some time now. On October 3, a federal judge dismissed the SEC’s appeal, ruling that Ripple’s XRP sales years ago did not…
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1 year agoRipple Secures Win Against SEC, XRP Surges, and More Updates
Ripple has secured another win against the SEC in court, with the trial date set for April 23, 2024. The outcome of this case could have a large impact on the crypto industry, potentially redefining regulatory…
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1 year agoRipple Wins Two Awards at Juniper Research's Future Digital Awards
Ripple has been honored with two awards at Juniper Research’s Future Digital Awards for Fintech & Payments 2023. The company was awarded the “Sustainability in Fintech Innovation of the Year” and the “CBDC Innovat…
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1 year agoFTX Exploiter Converts $25 Million in Stolen Ethereum to Bitcoin
FTX, a global crypto empire, experienced a massive hack in January 2023, resulting in the loss of $323 million in various tokens from its international exchange and $90 million from its U.S. platform. The hacker…
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1 year agoJPEX Crypto Exchange Sparks Controversy With DAO Shareholder Dividend Scheme
JPEX, a cryptocurrency exchange, has recently announced its intention to transition into a decentralized autonomous organization (DAO). This move has sparked controversy and frustration among some users, who claim…
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1 year agoRussian Crypto Traders Seek Alternatives After Binance Exit
Binance, one of the world’s leading cryptocurrency exchanges, has recently exited the Russian market. This has caused a surge in clients seeking alternative platforms for their cryptocurrency trading needs. C…
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1 year agoJPEX Crypto Exchange Pushes Ahead With DAO Plan Despite User Complaints
JPEX, a crypto exchange, has proposed a plan to transition the platform into a decentralized autonomous organization (DAO) and convert user assets to dividend shares with an incentive to lock them up for two years.…
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1 year ago12 Jurors Selected for Sam Bankman-Fried's FTX Fraud Trial
A jury of 12 individuals, nine of whom are women, have been selected to decide the fate of former FTX CEO Sam Bankman-Fried. The jurors range in age from the early 30s to the late 60s and come from various…
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1 year agoStars Arena Gains Popularity, Surpasses $1 Million in TVL
Stars Arena, a decentralized social media (DeSo) application, has caused a major uptick in activity on Avalanche’s C-chain network. This has resulted in an 8% increase in the price of the network’s native AVAX tok…
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1 year agoFormer BlackRock Execs Predict Approval of Spot Bitcoin ETF in 3-6 Months
Steven Schoenfield, a former managing director at BlackRock, the world’s largest asset manager, and current CEO of MarketVector Indexes, believes that the US Securities and Exchange Commission (SEC) will approve a…