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Blockchain Australia says banking restrictions will have ‘costly side effects’
Industry group Blockchain Australia believes that placing “blanket restrictions” on the crypto industry in the Oceanic country could potentially result in “costly side effects. ” The trade body made the statement in response to the Commonwealth Bank of Australia’s recent decision to restrict payments to crypto exchanges and place a monthly limit on all crypto-related transactions. дальше »
2023-6-15 20:06 | |
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Binance exits Cyprus to focus on larger EU markets amid regulatory hurdles
Binance is pulling out of Cyprus to focus on its larger market in France, Italy, and Spain, according to a June 14 press statement shared with CryptoSlate. The Cyprus Securities and Exchange Commission website confirmed that the exchange was “under examination for application for deregistration. дальше »
2023-6-14 18:30 | |
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US lawmakers introduce bill to restructure SEC, remove Chairman Gary Gensler
U.S. lawmakers Warren Davidson and Tom Emmer introduced a bill on June 12 to restructure the U.S. Securities and Exchange Commission and remove its chairman, Gary Gensler. In a June 12 statement, the lawmakers stated that the bill, tagged “the SEC Stabilization Act,” would change the financial regulator’s current structure, ensuring its priorities protect investors’ […] The post US lawmakers introduce bill to restructure SEC, remove Chairman Gary Gensler appeared first on CryptoSlate. дальше »
2023-6-13 22:23 | |
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Sturdy Finance halts market after $800,000 exploit linked to faulty price oracle
Sturdy Finance paused its markets on June 12 following a protocol exploit – losses are estimated at around 442 ETH ($800,000) per Peckshield. In a statement, the team confirmed it was aware of the exploit, adding that no additional funds are at risk and no user actions are needed currently – with more information to […] The post Sturdy Finance halts market after $800,000 exploit linked to faulty price oracle appeared first on CryptoSlate. дальше »
2023-6-12 12:24 | |
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Binance CEO Clears Air on ‘FUD,’ Addresses Crypto Market Crash
Binance CEO, Changpeng Zhao, said that rumors that Binance converted its crypto holdings to fiat were a false market narrative. His statement comes on the heels of the recent regulatory scrutiny that has bedeviled the exchange. дальше »
2023-6-10 21:14 | |
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Crypto.com to halt US institutional exchange offering; retail users unaffected
Crypto. com will soon end U. S. access to its institutional exchange, according to a statement from the company on June 9. That statement said the decision had been made due to limited demand in that market. дальше »
2023-6-10 23:25 | |
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US DOJ charges 2 Russians with laundering over 600k Bitcoin
The U. S. Department of Justice has charged two Russians, Alexey Bilyuchenko and Aleksandr Verner, for conspiring to launder 647,000 Bitcoin (BTC) stolen from their hack of Mt. Gox in 2011, according to a June 9 statement. дальше »
2023-6-9 18:36 | |
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Kraken NFT marketplace debuts, hosting 250 unique collections.
Kraken has made a noteworthy announcement, revealing the official launch of its NFT marketplace subsequent to the successful completion of its beta testing phase. As per an official statement, the marketplace will cater to a wide range of over 250 NFTs spanning across various blockchains such as Ethereum, Solana, and Polygon. дальше »
2023-6-10 17:43 | |
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Sui-based NemoSwap’s investors deny involvement in $3M seed round
NemoSwap, a Sui-based decentralized exchange, misled the public about investors in its project as two investors named in its $3 million seed round have distanced themselves from the project. In a now-deleted statement, Nemoswap claimed it completed a funding round led by Node Venture. дальше »
2023-6-9 18:53 | |
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Binance may have lied to US lawmakers, argue senators: Report
U.S. senators asked the Justice Department to investigate whether the crypto exchange made a false statement to Congress in a letter earlier this year. дальше »
2023-6-9 18:43 | |
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Cardano company Input Output says ADA is not a security
Input Output Global (IOG), the company behind Cardano, responded to recent regulatory action concerning the legal status of its ADA token on June 6. Input Output responds to SEC cases IOG’s statement pertains to the U. дальше »
2023-6-8 00:11 | |
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Binance CEO Dismisses Rumors Alleging He Has Been Shot 27 Times
Changpeng Zhao, the CEO of Binance, has refuted rumors suggesting his demise. In a recent statement, Zhao shared a screenshot denying the report. He reassured the exchange’s clients and the wider cryptocurrency community that he has not encountered incidents involving being shot 27 times or engaging with representatives from an American inspection agency. Changpeng Zhao Is […] дальше »
2023-6-8 00:00 | |
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Crypto law firm Gresham advises against US presence, cites unfavorable regulatory environment
Crypto law firm Gresham International has advised crypto firms not to have a presence within the United States, considering the country’s regulatory posture towards the industry, according to a June 6 press statement shared with CryptoSlate. дальше »
2023-6-6 18:40 | |
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Binance.US deems SEC lawsuit ‘baseless’; plans to defend self
Binance. US, the United States subsidiary of the embattled Binance exchange, described the Securities and Exchange Commission’s (SEC) lawsuit against its platform as “baseless. ” In a June 5 statement, Binance. дальше »
2023-6-6 20:32 | |
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Cleanspark fiscal year revenue crosses $100M amid expansion plans
Bitcoin (BTC) miner CleanSpark’s fiscal year-to-date revenue crossed $100 million in May as its BTC production exceeded expectations, according to a June 2 statement. CEO Zach Bradford noted that these milestones were achieved even though most of its expansion plans were expected later this year. дальше »
2023-6-2 21:36 | |
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Bitfarms sold 90% of its Bitcoin mined in May
Bitcoin (BTC) miner Bitfarms sold 414 BTC, representing 90. 19%, of its mined 459 BTC in May, according to a June 1 statement. According to the statement, the miner generated $11. 3 million from the sold assets, reducing its debt by $1. дальше »
2023-6-2 19:07 | |
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Tether’s USDT sets new all-time high in spite of regulatory concerns
The market capitalization of Tether’s USDT has surpassed the previous all-time high of $83. 2 billion, according to a June 1 statement from the stablecoin issuer. Data from DeFillama showed that around half of USDT’s circulating supply, 42. дальше »
2023-6-1 14:35 | |
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TUSD’s volume might go over the roof, thanks to Binance
The exchange communicates details about new TUSD pairs. The stablecoin’s exchange supply flatlined despite the increasing volume. In a 30 May official statement, Binance disclosed that TruThe post TUSD’s volume might go over the roof, thanks to Binance appeared first on AMBCrypto. дальше »
2023-5-31 04:30 | |
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Binance Australia blames AUD liquidity drop for Bitcoin discount
Binance has cited reduced liquidity in Australian Dollar (AUD) pairs as the cause for trading discounts of Bitcoin (BTC) and other digital assets on its Australian platform, according to an emailed statement to CryptoSlate. дальше »
2023-5-30 12:01 | |
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BKEX freezes withdrawals amid money laundering probe
Crypto exchange BKEX suspended withdrawals after funds on its platform were used for money laundering, according to a May 29 statement. BKEX stated that its users’ funds were involved in money laundering, adding that it was cooperating with law enforcement agencies to gather evidence. дальше »
2023-5-29 19:56 | |
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Binance Expands Into Japan With Regulatory-Compliant Platform
Binance said it has launched a regulatory compliant exchange for its Japanese users, acccording to a press statement. The post Binance Expands Into Japan With Regulatory-Compliant Platform appeared first on BeInCrypto. дальше »
2023-5-28 11:38 | |
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Canaan’s mining revenue rises 3.3% in Q1 while overall revenue declines
Bitcoin (BTC) miner Canaan reported a 3. 3% increase in its mining revenue for the first quarter, according to a May 26 statement. Mining revenue According to Canaan, it generated $11. 1 million in mining revenue between January 1 and March 31. дальше »
2023-5-27 21:00 | |
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Binance to halt Bitcoin spot trading with Australian Dollar
Crypto exchange Binance announced it would stop Bitcoin (BTC) spot trading activities with the Australian Dollar (AUD) on June 1, according to a statement on May 26. Additionally, the exchange would remove spot trading activities for other top cryptocurrencies like Cardano (ADA), Ethereum (ETH), Dogecoin (DOGE), XRP, BNB, Solana (SOL), and Polygon (MATIC) paired with […] The post Binance to halt Bitcoin spot trading with Australian Dollar appeared first on CryptoSlate. дальше »
2023-5-27 17:33 | |
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Ledger CEO Apologizes After a Week of PR Nightmares
Ledger's CEO has released a statement conveying his apologies for the security concerns related to the firm's Ledger Recover product. The post Ledger CEO Apologizes After a Week of PR Nightmares appeared first on BeInCrypto. дальше »
2023-5-24 22:24 | |
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Global securities watchdog urges governments to regulate crypto like traditional financial assets
The International Organization of Securities Commissions (IOSCO) published a statement today contending that cryptocurrencies should be treated in the same way as traditional financial assets, such as stocks and bonds, as they are very similar in nature. дальше »
2023-5-23 20:50 | |
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Ledger backpedals on controversial key recovery feature following community backlash
Hardware wallet provider Ledger will not launch its key recovery feature after fevered criticism from the crypto community. In a May 23 statement, CEO Pascal Gauthier said Ledger would first release the code for the new feature before it is launched while apologizing for the miscommunication surrounding the development. дальше »
2023-5-23 19:04 | |
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Crypto ATMs provider settles with Connecticut Banking recovering $86k for customers
Bitcoin of America has agreed to a settlement deal with the Department of Banking to refund the four customers who lost tens of thousands through the crypto kiosks. In a recent statement from the Banking Commissioner in Connecticut, Jorge Perez,… дальше »
2023-5-23 15:56 | |
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Court directs BlockFi to retract chapter 11 reorganization plan
A U.S. bankruptcy court recently ordered cryptocurrency lender BlockFi to withdraw its prematurely disclosed Chapter 11 reorganization plan and accompanying statement until all materials are formally authorized. дальше »
2023-5-23 20:45 | |
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Strike integrates Tether’s USDT for payments
Digital payments platform Strike has integrated dollar-pegged stablecoin Tether’s USDT into its platform. According to a May 22 press statement shared with CryptoSlate, the integration aims to enable fast, safe, and efficient payments for Strike users and further increase the use and adoption of USDT. дальше »
2023-5-23 19:05 | |
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Hotbit shuts down as cyber attacks, crypto crises weaken its operations
Crypto exchange Hotbit said it would halt all operations on May 22 by 04:00 UTC, advising its users to withdraw their assets before June 21. Why Hotbit is shuttering operations In a May 22 statement, Hotbit explained that centralized exchanges had witnessed a continuous outflow of funds following the several crises that hit the crypto […] The post Hotbit shuts down as cyber attacks, crypto crises weaken its operations appeared first on CryptoSlate. дальше »
2023-5-22 12:33 | |
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Huobi ordered to cease operations by Malaysian regulators
Crypto exchange Huobi was ordered to stop operating in Malaysia by the Securities Commission (SC) of the Asian country. The regulator issued a public reprimand to Huobi CEO Leon Li. In a May 22 press statement, Malaysia’s SC said Huobi operated in the country illegally because it failed to register as a digital asset exchange […] The post Huobi ordered to cease operations by Malaysian regulators appeared first on CryptoSlate. дальше »
2023-5-22 10:48 | |
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United States Senators Lash Out At Signature’s Executives For Blaming Bank’s Collapse On Crypto After “Reckless” Management
As investigations into Silvergate Banks ramp up, discoveries alongside the blame game from different sources come to light. At a Senate Banking Committee hearing on May 16, Scott Shay, a former executive of Silvergate Bank, gave his statement on the facts leading to the bank’s collapse. дальше »
2023-5-21 19:32 | |
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Cardano’s Hoskinson calls Ethereum Classic ‘scam’ after Ergo’s exclusion from Proof-of-Work Summit
Cardano (ADA) founder Charles Hoskinson described Ethereum Classic (ETC) as a scam project whose only purpose is for insiders to dump on recruits with false hopes. Ergo not invited to proof-of-work summit The statement was made in reaction to ETC Cooperative’s refusal to invite Ergo (ERG) to a Proof of Work summit organized by it and […] The post Cardano’s Hoskinson calls Ethereum Classic ‘scam’ after Ergo’s exclusion from Proof-of-Work Summit appeared first on CryptoSlate. дальше »
2023-5-19 19:43 | |
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Coin Cafe Ordered By New York AG to Pay Back $4.3M in Fraudulent Fees
Brooklyn-based crypto trading platform Coin Cafe is paying back $4.3 million to defrauded investors, according to a Thursday statement from the New York Attorney General’s office, which accused the company of misleading customers about “exorbitant and undisclosed” fees. дальше »
2023-5-19 23:02 | |
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Coinbase Cloud to run Chainlink node to advance smart contract connectivity
Coinbase Cloud, the Web3 infrastructure unit of Coinbase, said it would become a Chainlink (LINK) oracle node operator to improve smart contract security. In a May 18 statement shared with CryptoSlate, Coinbase Cloud said Chainlink plays a significant role in providing real-world data for web3 through decentralized Oracle networks. дальше »
2023-5-18 18:00 | |
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Report: Bitcoin miner Bit Digital expands in Iceland, stock jumps
Bit Digital (NASDAQ: BTBT), a leading Bitcoin mining company, is working to expand its operations in Iceland as the situation in the US worsens. In a statement, Samir Tabar, the company’s CEO, said that the regulatory situation in the US forced the firm to look for alternatives. дальше »
2023-5-19 16:00 | |
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Binance Australia can’t process Australian Dollar fiat deposits
Binance Australia said it could no longer process PayID Australian Dollar deposits for users because of “a decision” made by its third-party payment service provider. According to a May 18 statement, the exchange confirmed its users could process bank transfer withdrawals from its platform. дальше »
2023-5-18 10:45 | |
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SEC deems Filecoin a security, asks Grayscale to withdraw trust registration
Grayscale said May 17 that the U. S. Securities and Exchange Commission (SEC) asked it to withdraw the registration statement for its Filecoin Trust. The SEC told Grayscale that Filecoin’s FIL token meets the definition of a security under the relevant laws. дальше »
2023-5-18 00:43 | |
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WazirX says Binance controls its WRX token
India’s top crypto exchange WazirX said Binance conducted the initial exchange offering (IEO) for its WRX token and still controls the token supply. In a May 16 statement, the WazirX team clarified the token’s management, saying Binance kept all the proceeds from the IEO — about $2 million — for itself. дальше »
2023-5-18 18:49 | |
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Coinbase debuts feeless USDC trading in Singapore
Crypto exchange giant Coinbase has begun offering zero-fee USDC trading for users in Singapore. The initiative followed a survey showing an increasing level of crypto adoption. Coinbase announced the feeless USDC trading for its Singapore customers in a statement issued… дальше »
2023-5-17 16:34 | |
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Tether USDT to strengthen reserves with Bitcoin purchase
Stablecoin issuer Tether (USDT) said it would use 15% of its net realized operating profits to purchase Bitcoin (BTC). In a May 17 company statement, the stablecoin issuer said it would self-custody the purchased BTC — adding that its purchase “will focus exclusively on utilizing realized profits from its investment strategy, disregarding unrealized capital gains […] The post Tether USDT to strengthen reserves with Bitcoin purchase appeared first on CryptoSlate. дальше »
2023-5-17 16:05 | |
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