Central Bank Digital Currencies Are Unexpectedly Becoming a Presidential Election Issue

The U.S. has no plans to issue a digital dollar. So why are so many politicians coming out against the idea?

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Is Crypto In Danger After LBRY’s Defeat Against The SEC?

The crypto company behind a peer-to-peer digital marketplace, LBRY, lost its legal battle against the U. S. Securities and Exchange Commission (SEC). The regulator filed a lawsuit against the crypto platform over the alleged illegal sales of an unregistered security, its native token LBRY Credits (LBC).

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On Guy Fawkes Night, Remember That Bitcoin Is A Modern Vendetta Against The Establishment

Bitcoin enables a digital Gunpowder Plot, giving anyone the ability to opt out of establishment control as Guy Fawkes once attempted.

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Despite Founding Principles, SEC’s Gary Gensler Says Crypto Is Centralized

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MintMe.com Coin Secures $25M Investment From Gem Digital Limited

GEM Digital Limited commits 25 Million Dollars to MintMe. com Coin. MINTME rose by over 50,000% in the last two years, and such news will only speed up its march to the top. MintMe, with over 70 000 users growing against the bear market, was built to serve as an alternative to fiat crowdfunding services.

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CryptoSlate Wrapped Daily: IRS classifies NFTs as digital assets; retail investors group seeks to track down Do Kwon

The biggest news in the cryptoverse for October 19 includes the IRS classifying NFTs as digital assets for tax purposes, Cardano NFTs becoming the next gold rush,  Blockchain advocacy groups filing a motion to support Grayscale in the lawsuit against SEC, and top 10 metaverse tokens crashing as interest wanes.

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Coinbase files brief backing Grayscale’s ETF lawsuit against SEC

Coinbase (NASDAQ: COIN) has filed an amicus brief in support of digital assets manager Grayscale Investments, which is suing the US Securities and Exchange Commission (SEC) over the rejection of the company’s spot Bitcoin ETF application.

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Voyager Digital's Creditors Push Back Against Plans to Provide Execs With Legal Immunity

Bankrupt crypto lender Voyager’s plans to sell its assets to FTX US for $1.4 billion have so far gone relatively smoothly, but one major catch emerged on Wednesday – Voyager’s executives have included sweeping legal immunity for themselves in the proposed sale agreement.

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Grayscale files opening brief in Bitcoin ETF battle against SEC

Rallying support for a United States spot Bitcoin exchange-traded fund (ETF), Digital Currency Group (DCG) CEO Barry Silbert said it is time the SEC approved one. The post Grayscale files opening brief in Bitcoin ETF battle against SEC appeared first on CryptoSlate.

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Grayscale files brief in SEC lawsuit over spot Bitcoin ETF rejection

Grayscale, the world's largest digital asset fund manager, has filed an opening brief in its lawsuit against the U.S. Securities and Exchange Commission. SEC’s argument “deeply flawed” In a TwThe post Grayscale files brief in SEC lawsuit over spot Bitcoin ETF rejection appeared first on AMBCrypto.

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How Much Energy Do NFTs Use? Less Than You May Think

Ethereum cut its energy consumption by 99.95% when it completed the Merge, meaning NFTs are more environmentally-friendly than ever. But did the ecological backlash against digital collectibles even make sense...

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China Discovers Major Crypto Laundering Scam, Police On Arrest Spree

The Chinese government has never supported crypto activities since the emergence of the industry. The People’s Bank of China took further actions against the digital industry and banned all local digital assets operations.

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LBRY’s Jeremy Kauffman Says The SEC Is Out To Damage The Crypto Industry

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CFTC Penalizes Blockchain Protocol $250K, Files Action Against Successor DAO

The commission said bZeroX offered illegal, off-exchange trading of digital assets, and has also filed a civil action against the Ooki DAO.

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Binance and FTX Bids Highest on Acquisition of Bankrupt Voyager Digital’s Assets

Binance, the leading digital currency exchange, went on a bidding battle against Billionaire Sam Bankman-Fried’s FTX crypto exchange to acquire a bankrupt crypto lending platform Voyager Digital’s frozen assets.

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Amber Group continues strong financial performance in H1 2022!

Resilient performance is a result of sustained business momentum, along with expanded product and service offerings against market uncertainties.  Amber Group, a leading global digital asset compaThe post Amber Group continues strong financial performance in H1 2022! appeared first on AMBCrypto.

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Alameda Research собирается выплатить $200 млн брокеру Voyager

Компания Alameda Research погасит долг на $200 млн перед обанкротившимся брокером Voyager Digital. Wait, June 13th when everything was broken, Alameda borrowed a metric ton of BTC and ETH against illiquid SRM and FTT.

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SEC’s Hurdles Against BTC Spot ETF Highly Suspicious, Chamber Of Digital Commerce Warns

The Chamber of Digital Commerce has criticized the U.S. Securities Exchange Commission for rebuffing a Bitcoin ETF despite numerous applications...

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BitGo sues Galaxy Digital for $100M over broken merger agreement

Cryptocurrency staking firm BitGo filed a lawsuit against Galaxy Digital on September 12 seeking damages of over $100 million for breaching the merger agreement, BitGo announced on Twitter. The post BitGo sues Galaxy Digital for $100M over broken merger agreement appeared first on CryptoSlate.

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Crypto Custody Firm BitGo Files $100M Lawsuit Against Galaxy Digital for Breaching Merger Agreement

Cryptocurrency custody firm BitGo has filed a lawsuit against Galaxy Digital, seeking more than $100 million in damages.

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Bitcoin Detractor Peter Schiff Says It’s Time To Sell BTC, Here’s Why

Economist Peter Schiff has been actively against bitcoin for years now and has been warning investors to stay away from the digital asset. Time and time again, the economist has warned that the price of bitcoin was going to zero, and even after being wrong on multiple occasions, Schiff has not changed his stance on the digital asset.

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Merge Momentum: Ethereum Sets New 2022 High Against Bitcoin

The Ethereum Merge is fast approaching, and the anticipation around the upgrade has led to some interesting happenings in the crypto sector. It has propelled the price of the digital assets to new highs, even with the downtrend, holding its value better than most of the market.

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5 Top Crypto Lawyers Join Law Firm Brown Rudnick’s Digital Commerce Practice

Brown Rudnick, the international law firm best known for successfully representing actor Johnny Depp in his recent defamation suit against ex-wife Amber Heard, could be on its way to a new reason for notoriety – having one of the top crypto practices in the country.

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Ripple Joins New Digital Dollar Initiative to Help Explore Solutions for U.S. CBDC Program

Ripple to help explore solutions for U.S. CBDC amid ongoing litigation against SEC

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Chargebacks: A Big Problem for Crypto Exchanges. Here’s the Fix

Chargebacks: Digital currency marketplaces need to defend against fraudulent transaction disputes, which are a rising problem. The post Chargebacks: A Big Problem for Crypto Exchanges. Here’s the Fix appeared first on BeInCrypto.

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Crypto Critic Peter Schiff Claims Mark Cuban Knew Voyager Was A Scam

Peter Schiff claims Mark Cuban advertised Voyager Digital, knowing it was “a scam;” and the lawsuit filed against the investor is “just the beginning.” The post Crypto Critic Peter Schiff Claims Mark Cuban Knew Voyager Was A Scam appeared first on BeInCrypto.

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Crypto Juggernaut Founder Labels Meta And Microsoft As ‘Digital Dictatorships’

The crypto market has shed more than $2 trillion of its value since November last year. As a safeguard against the market’s heightened volatility, a number of investors and traders opted to remain in the backseat.

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BitGo To Sue Mike Novogratz’s Galaxy Digital For Backing Out Of $1.2 Billion Acquisition Agreement

Crypto custodian BitGo plans to pursue legal action against Galaxy Digital, the crypto-focused investment firm led by billionaire Mike Novogratz, for walking away from their $1. 2 billion merger deal.

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BitGo to Sue Galaxy Digital for $100M Termination Fee

Institutional crypto services company BitGo intends to seek legal action against crypto investment firm Galaxy Digital for refusing to pay a $100 million termination fee for abandoning its acquisition plans....

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CFTC Accuses Ohio Man of Running $12M Bitcoin Ponzi Scheme

The U.S. markets regulator filed a cease-and-desist order in a district court against Rathnakishore Giri and his companies over allegations of scamming investors interested in digital assets.

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SEC Chairman Warns Against Crypto Investment Risks, Here’s Why

One of the forces not to be ignored as a crypto investor is the Security and Exchange Commission, SEC. The body does everything it can to either regulate crypto or scrap the industry if possible. Unfortunately, many digital operators, including network founders, exchange firms, and even top management in the space, have had issues with […]

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Genesis Files $1.2B Claim Against Three Arrows Capital

Genesis's parent company, Digital Currency Group, has assumed some of Genesis' liabilities in the case.

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Vladimir Putin Bans Digital Payments in Russia

Russia president Vladimir Putin has signed a bill that adds to a previous prohibition against cryptocurrency payments in the country.

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Spot Bitcoin ETF: Grayscale’s chief legal officer says litigation could take up to 2 years

Grayscale’s litigation process against the US Securities and Exchange Commission (SEC) over the regulator’s denial of a spot Bitcoin ETF could take as long as two years. That’s according to the leading digital asset manager’s chief legal officer Craig Salm.

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Grayscale Investments Sues SEC Over Bitcoin ETF Denial

In response to the U. S. Securities and Exchange Commission’s denial of a request to convert its Bitcoin trust into an exchange-traded fund, Grayscale Investments, the largest manager of digital currency assets globally, has filed a lawsuit against the SEC.

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Grayscale Sues SEC Over Spot Bitcoin ETF Application Rejection

The worlds largest digital asset manager, Grayscale, has filed a lawsuit against the U.S. Securities and Exchange Commission after the regulator rejected its application to convert its flagship Bitcoin trust...

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Crypto.com Review – Fees, Supported Coins, Deposit Methods

Crypto has been called a lot of names. Some refer to it as a store of value; others call it a hedge against inflation; it has even been called digital gold because of its peculiar features.   However, for crypto to live up to its various names and purposes, it has to be used in everyday […] The post Crypto.

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#BURNBAYC, a Conspiracy Theory or True Facts

There’s been an uproar and criticism against the Bored Ape Yacht Club NFT recently. BAYC is a collection of 10,000 Bored Ape NFTs, unique digital collectibles living on the Ethereum blockchain.

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Israel, Hong Kong enter partnership to test new CBDC against cyber risks

The Bank of Israel has joined hands with the Hong Kong Monetary Authority to test a new central bank digital currency (CBDC), Bloomberg News reported on June 16. The post Israel, Hong Kong enter partnership to test new CBDC against cyber risks appeared first on CryptoSlate.

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XRP, Hinman's speech, Stuart Alderoty's comments- Making sense of it all

The SEC filed a lawsuit in December 2020 against San Francisco-based firm Ripple Labs. The fintech firm allegedly raised funds through the sale of digital assets known as XRP in unregistered securitiThe post XRP, Hinman's speech, Stuart Alderoty's comments- Making sense of it all appeared first on AMBCrypto.

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Brian Armstrong Says Crypto Can Beat Inflation, What Does The Chart Suggest?

The boss of one of America’s leading centralized crypto exchanges, Coinbase, explained that Bitcoin could become the new global gold standard. He believes that the digital asset can revamp America’s fighting chances against the oncoming challenge from China.

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Starling Bank Boss Attacks Crypto Despite Fintech’s ‘Crypto-Friendly’ Status

Anne Boden is more than skeptical about crypto, as she criticizes their use worldwide. The Goldman Sachs-backed digital bank’s CEO has gone head-on against cryptocurrencies, warning users to refrain from digital assets.

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Crypto Bank Sues Fed Over 19 Months Delay In Processing Application

Custodia is a digital asset bank located in Wyoming and founded by former Morgan Stanley managing director Caitlin Long. The crypto bank filed a lawsuit against the Federal Reserve Board of Governors and the Federal Reserve Bank of Kansas City, alleging a “patently unlawful delay” in processing an application for its master account.  Caitlin Long […]

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Epic Games Lawyers to Take Action Against Homonymous Crypto

The popular free-to-play online video game Fortnite by Epic Games found out about a homonymous digital token that was created in late 2021. The firm’s CEO Tim Sweeney confirmed that Fortnite does not have any official cryptocurrency while mentioning taking legal action.

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5 reasons why Bitcoin could be a better long-term investment than gold

Crypto advocates often refer to Bitcoin as “digital gold,” but how does BTC stack up against gold as a long-term investment?

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No ‘Redline’ Argument Against CBDC, Says BoE Official

An official from the Bank of England said that developing a central bank digital currency (CBDC) would be in line with the central bank’s directive. The post No ‘Redline’ Argument Against CBDC, Says BoE Official appeared first on BeInCrypto.

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Former OpenSea Executive Indicted In First-Ever Digital Asset Insider Trading Case

The US Department of Justice has filed charges against a former product manager at leading NFT marketplace OpenSea for wire fraud and money laundering in what the DoJ called the “first-ever digital asset insider trading scheme.

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Ukraine to launch an NFT collection to raise funds

While the war-wracked Ukraine is still putting up a tough fight against Russia, the nation plans to use non-fungible tokens once again to gather funding for humanitarian needs. According to the most recent announcement, the Zelenskiy NFT, a new digital art collection, will soon be presented to a large audience.

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Digital Yuan Ban: Senators Seek To Ban China’s E-CNY From US App Stores

Three Republican senators are pushing to prohibit portals from allowing apps that facilitate payments of China’s digital yuan out of concern that it could be used for espionage against American citizens.

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Gensler attacks USDT, USDC, BUSD while Do Kwon takes his 'razor focus to deliver'

The U.S. SEC Chair Gary Gensler criticized stablecoins and digital asset exchanges for trading against their customers. This criticism comes at a low point for the crypto market which is currently goiThe post Gensler attacks USDT, USDC, BUSD while Do Kwon takes his 'razor focus to deliver' appeared first on AMBCrypto.

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