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1 year ago
Wirex Launches Zero-Knowledge Proofs-Based Crypto Debit Card Service
Wirex, a crypto payment service provider, has launched W-Pay, a zero-knowledge proofs-based non-custodial crypto debit card service. W-Pay is built on Polygon’s Chain Development Kit (CDK) and promises increased s…
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1 year agoEmployees at FTX Discovered Backdoor Allowing Billions in Customer Funds to be Withdrawn
FTX, a crypto derivatives exchange, has been accused of allowing Alameda Research to withdraw billions in customer funds through a backdoor in the exchange. According to a Wall Street Journal report, some of…
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1 year agoTrial of FTX CEO Sam Bankman-Fried Unveils Alleged Deceit
The trial against Sam Bankman-Fried, the CEO of the FTX crypto exchange, is underway in Manhattan’s federal courthouse. Marc-Antoine Julliard, a London-based commodities trader, testified that he was lured in by F…
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1 year agoBitcoin Price Forecast: Bullish Momentum Could Push BTC to $30,000
Bitcoin (BTC) price has once again started to rise after crossing the moving average lines. The largest cryptocurrency is currently trading above the moving average lines or in the uptrend zone. The recent price…
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1 year agoProject Atlas: Exploring the Economic Implications of Cryptocurrency and DeFi
Project Atlas is a collaborative initiative between the Bank of International Settlements (BIS) and central banks within the Eurosystem, aimed at researching and developing crypto and blockchain technology. The…
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1 year agoFTX Drainer Moves 60,000 ETH in Fresh Wave of Money Transfers
A notorious FTX account drainer has caused significant disruption in the crypto community by transferring a total of 60,000 ETH from 4 wallet addresses since late September. Reports indicate that the wallets that…
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1 year agoXRP Leads Crypto Market Following Ripple's Court Victory, Raydium and Verosity Follow
XRP has become the top trending cryptocurrency following Ripple’s court victory against the SEC, with its price peaking at $0.55. Lesser-known cryptocurrencies Raydium (RAY) and Verosity (VRA) take the second and t…
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1 year agoSam Bankman-Fried Fraud Trial Begins in Manhattan Court
Sam Bankman-Fried, the former CEO of FTX, is currently facing a six-week trial with seven charges related to fraud and conspiracy to commit fraud. If convicted, he could face over 100 years in prison. On the first…
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1 year agoSEC Rejects Ripple's Plea for Interlocutory Appeal in $700 Million Case
The federal court, led by Judge Analisa Torres, recently rejected the SEC’s plea for an interlocutory appeal in their litigation against Ripple. This decision maintained that XRP is not a security, and Ripple is f…
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1 year agoSEC Delays BlackRock's Spot Bitcoin ETF, But Approval Could Come Within 3-6 Months
The world’s largest asset manager BlackRock created a stir in the crypto market when it filed for a spot Bitcoin ETF in June 2023. However, the U.S. Securities and Exchange Commission (SEC) recently delayed the a…
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1 year agoRipple Wins SEC Case, Unveils Fraud Prevention Feature, Shiba Inu Warns of Fake Airdrop
Ripple has had a successful couple of days, winning a second case against the United States Securities and Exchange Commission (SEC) and being featured in a prestigious Fintech 100 list. The court ruling from July…
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1 year agoLondon Cocoa Beans Trader Testifies Against FTX Founder SBF at Trial
Marc-Antoine Julliard, a London-based cocoa beans trader, was the first witness to testify against Sam Bankman-Fried (SBF), the founder and former CEO of the bankrupt cryptocurrency exchange FTX. Julliard had…
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1 year agoFour Friend.Tech Users Lose $385,000 in SIM-Swap Attacks
ZachXBT, a cryptocurrency news outlet, reported that four Friend.Tech users lost a total of $385,000 to SIM-swap attacks. SIM-swap attacks are a type of cybercrime in which a hacker takes control of a victim’s p…
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1 year agoEl Salvador Pioneers Renewable Bitcoin Mining Pool with Lavapool
El Salvador is pioneering a novel approach to Bitcoin mining with the launch of “Lavapool”, a mining pool powered by renewable energy. The ambitious project, spearheaded by Volcano Energy, seeks to establish a nat…
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1 year agoStellar Development Foundation Publishes Framework to Enhance Financial Inclusion
The Stellar Development Foundation has released a financial inclusion framework that provides insights into the role of blockchain technology in facilitating payments both locally and internationally. The framework…
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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…
