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1 year ago
BIS Launches Project Atlas to Explore Crypto Assets and DeFi
The Bank for International Settlements (BIS) has launched Project Atlas, a proof of concept aimed at exploring the economic impact of crypto assets and decentralized finance. The project is a combined effort of the…
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1 year agoMEXC Ventures Invests in The Open Network, Partners with TON Foundation
MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange MEXC, has announced a significant investment in The Open Network (TON), the largest layer-1 investment the firm has ever made. This investment w…
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1 year agoCryptocurrency Wallets Targeted in DOJ Crackdown on Illicit Drug Trade
The Department of Justice (DOJ) has recently unsealed eight indictments in a significant move against the illicit production and distribution of fentanyl and methamphetamine. The indictments also encompassed crimes…
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1 year agoFormer FTX CEO Sam Bankman-Fried on Trial: Witnesses Testify
Former FTX CEO Sam Bankman-Fried, also known as SBF, is facing criminal charges in a trial that began on October 4th. The prosecution has called witnesses, including a London-based cocoa broker named Marc-Antoine…
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1 year agoSolana Token Faces Bearish Outlook as FTX Liquidation Looms
Solana token SOL has dropped 8% since October 1, reaching $22.8 in the New York hours of October 4. Technical analysis of the daily and weekly charts, as well as macroeconomic conditions, suggest a bearish…
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1 year agoTMX Group to Launch Bitcoin Futures Contracts on Derivatives Platform
TMX Group, the largest exchange in Canada, is set to launch Bitcoin (BTC) futures contracts on its derivatives trading platform, Montréal Exchange (MX). The move is in response to the growing market demand for…
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bob wrote a new post
1 year agoMEXC Ventures Invests in The Open Network, Partners with TON Foundation
MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange MEXC, has announced a significant investment in The Open Network, the largest layer-1 investment the firm has ever made. This investment works a…
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bob wrote a new post
1 year agoCelsius Network to Repay Creditors with $2 Billion in Crypto Assets
Celsius Network, a bankrupt digital asset lender, has presented a restructuring plan in a US bankruptcy court filing that will generate funds for a new corporate spinoff, dubbed “NewCo”, and repay customers. The…
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1 year agoElon Musk Reignites Criticism of Fiat Currency as a "Scam
Elon Musk, founder and CEO of Tesla and SpaceX, recently expressed his criticism of fiat currencies by calling them an “scam” on Twitter. Musk has previously voiced his support for cryptocurrency, stating that “th…
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1 year agoExchange Founder Diverted Funds for Luxuries, Political Donations
The FTX app and its terms of service promised customers that their money was being kept safe, as if it were in their own possession. However, according to Rehn, the money was actually diverted to a smaller,…
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1 year agoRipple Poised to Revolutionize Global Financial System with Retail CBDCs
Ripple Labs, a blockchain payment company, is well-positioned to revolutionize the global financial system as more central banks prepare to roll out their respective Central Bank Digital Currency (CBDC). According…
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1 year agoPolygon Co-Founder Jayanti Kanani Steps Down After Big Year of Developments
Jayanti Kanani, one of the co-founders of Polygon (MATIC), recently announced his departure from the company. His partner, Sandeep Nailwal, expressed his emotions on social media, wishing Kanani well. Polygon has…
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1 year agoBitcoin Price Reaches Critical Level: What's Next?
Bitcoin’s price is currently situated in a critical area, and its reaction in the next few days will likely determine the market’s direction in the coming weeks. The price has recently surpassed the $27,500 res…
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1 year agoUniswap Records Booming Activity as Crypto Market Bleeds
Coinbase is a trusted crypto exchange regulated by the SEC and FINRA in the USA, and by CySEC and FCA in Europe. Uniswap has been recording booming activities as daily active users increase, signifying a growing…
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bob wrote a new post
1 year agoMEXC Ventures Invests in The Open Network, Promoting Web 3.0 Accessibility
MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange, has announced a significant investment in The Open Network (TON) – the largest layer-one investment the firm has ever made. This investment wor…
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bob wrote a new post
1 year agoUK Treasury to Launch Digital Securities Sandbox in Q1 2024
The UK Financial Conduct Authority (FCA) is set to launch its second crypto sandbox in the first quarter of 2024. This sandbox will have set rules to govern digital securities and will allow companies to set up…
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bob wrote a new post
1 year agoMEXC Ventures Invests in The Open Network, Partners with TON Foundation
MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange MEXC, has announced a significant investment in The Open Network (TON), the largest layer-1 investment the firm has ever made. This investment w…
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bob wrote a new post
1 year agoMKR Surges 185% YTD, Network Activity Hits 10-Week High
MKR, the native token of MakerDAO, has seen a significant 185% increase in its value year-to-date (YTD). This surge is attributed to the successful implementation of incentive schemes aimed at increasing the supply…
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1 year agoCoinbase Revenue Forecast Lowered by Mizuho Analyst, Shares Down 1.0%
Mizuho lowered its quarterly revenue estimate for Coinbase Global Inc on Wednesday, causing its shares to drop 1.0%. Dan Dolev, a Mizuho analyst, now expects the crypto exchange to report revenue about 7.0% below…
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1 year agoRipple Secures Major Payment Institution License in Singapore, XRP Price Spikes 8%
Ripple has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore, allowing the fintech firm to provide digital payment token services in the region. This comes after Coinbase…
