Market Maker B2C2 Offers to Buy Loans From Genesis Crypto-Lending Unit

The lending arm of the crypto financial firm Genesis halted customer withdrawals earlier Wednesday, citing the impact of the collapse of FTX. дальше »

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Genesis Global halts withdrawals citing 'unprecedented market turmoil'

The troubled firm is also acting as the liquidity provider of Grayscale Bitcoin Investment Trust.

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Crypto lender Salt suspends withdrawals citing FTX’s collapse

Crypto lending platform Salt has suspended deposits and withdrawals, citing FTX’s downfall as the root cause of its shaken operations. Salt suspends operations Salt, a crypto lending platform, has reportedly suspended transactions, including deposits and withdrawals. The announcement came as… дальше »

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FTX approaches Kraken as a potential rescue partner

According to recent reports, FTX has spoken to American crypto exchange Kraken about a possible rescue arrangement. However, FTX and Kraken declined to comment, citing the ambiguity of the talks’ specifics and their potential for success or failure. The details… дальше »

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FTX reaches out to Kraken for help as it scrambles for $9.4B bailout; Alameda owes exchange $10B

After Binance walked away from the FTX takeover deal, the cryptocurrency exchange has turned to Kraken for a possible bailout, Reuters reported, citing two people familiar with the development. The post FTX reaches out to Kraken for help as it scrambles for $9. дальше »

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US lawmaker warns of ‘major consequences’ for users of unregulated crypto firms, citing FTX

“FTX’s FTT tokens are now worthless, and even worse, FTX.com customers are completely unable to access their funds,” said Maxine Waters. дальше »

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Binance Walks Away From FTX Buyout, Citing Mishandled Funds and US Agency Investigations

Binance said it is abandoning early plans to acquire embattled rival FTX after going through the company’s financials and structure. The post Binance Walks Away From FTX Buyout, Citing Mishandled Funds and US Agency Investigations appeared first on BeInCrypto. дальше »

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US Treasury redesignates Tornado Cash sanctions, citing North Korea nuclear weapons program

The redesignation of the crypto mixer essentially replaces the U.S. Treasury’s actions from August, establishing sanctions for its role in “enabling malicious cyber activities.” дальше »

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British Bank Santander To Block Transfers To Crypto Exchanges In 2013

As part of measures to protect consumers from fraudulent activities, Santander will restrict UK customers from transferring real-time payments to cryptocurrency exchanges beginning in 2023, Reuters reported, citing the bank’s Friday email statement. дальше »

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Japan’s Digital Agency launches DAO to explore DAOs and Web3

The group added it would consider the benefits and challenges of granting the DAO legal status in Japan, citing the state of Wyoming approving similar legislation in July 2021. дальше »

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Bankruptcy Judge Denies Celsius’ Motion to Pay Employees $3M in Retention Bonuses – At Least Temporarily

A federal judge struck down Celsius’ plans to pay out nearly $3 million in retention bonuses to a select group of employees on Tuesday, citing the lack of transparency in the bankrupt crypto lender’s public filings. дальше »

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Early MakerDAO Developer and Stablecoin Pioneer Found Dead in Puerto Rico

Nikolai Mushegian was dragged by water currents Friday morning on a beach in Condado, El Nuevo Dia reported, citing local police. дальше »

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Celsius bankruptcy case trustee slams $3M employee bonus motion

The trustee has objected to the retention bonus, citing a lack of sufficient information within the motion to warrant such a high payout and a lack of clarity around whether any recipients should be considered insiders. дальше »

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Freeway halts services citing 'unprecedented volatility' in forex, crypto markets

Freeway, a cryptocurrency investing platform, stopped operating on Sunday, which fueled a sharp drop in the value of its native crypto. Over the last 24 hours, the token's price has fallen by more thaThe post Freeway halts services citing 'unprecedented volatility' in forex, crypto markets appeared first on AMBCrypto. дальше »

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Crypto Staking Platform Freeway Halts Withdrawals, Citing Market Volatility

Small cap platform that promised users up to 43% in annual awards puts the brakes on withdrawals and scrubs team from site. дальше »

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Telegram to Auction Its Usernames on Ton-Blockchain

The messaging app will soon launch the Open Network (TON) blockchain username auction platform, the firm officially announced Today. Pavel Durov, the creator of Telegram, first announced the concept in August, citing the effectiveness of a prior TON auction for… дальше »

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JPMorgan hires former Celsius exec Aaron Iovine

JPMorgan (NYSE: JPM) has hired Aaron Iovine, a former regulatory affairs executive at bankrupt crypto lender Celsius (CEL/USD), only a few weeks after he left the embattled crypto company. Reuters reported the development, citing the new JPMorgan Chase $ Co employee’s LinkedIn profile. дальше »

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India aims to develop crypto SOPs during G20 presidency — Finance minister

Sitharaman has previously called for global collaboration to decide on crypto's future and has been cautious against mainstream crypto adoption citing risks to financial stability. дальше »

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Several crypto exchanges reportedly block Russian users because of EU sanctions

Several crypto platforms like Blockchain dot com, Crypto dot com, and LocalBitcoins have reportedly banned Russian users from using their services, citing the new European Union sanctions. The post Several crypto exchanges reportedly block Russian users because of EU sanctions appeared first on CryptoSlate. дальше »

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Jamie Dimon Slams Bitcoin as "Dirty" and "Expensive"

Citing Voltaire, the JPMorgan boss says that he will never buy cryptocurrencies дальше »

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Russians Can Kiss NFTs Goodbye As Dapper Labs Restricts Russian Users Citing EU Sanctions

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Dapper Labs Reveals Restrictions for Russians Due to EU Sanctions, Users React

Leading Non-fungible token firm Dapper Labs has stopped payment services for NFT owners in Russia, citing the European Union's new sanctions on the warring country. The post Dapper Labs Reveals Restrictions for Russians Due to EU Sanctions, Users React appeared first on BeInCrypto. дальше »

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LFG Slow-Walks Plan to Repay Small-Time Terra Holders, Citing Legal Threats

Luna Foundation Guard previously promised to repay "small" holders of the UST stablecoin with its remaining reserves. дальше »

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Terraform deems South Korea’s Do Kwon arrest warrant ‘unfair’

Terraform Labs have described the South Korean prosecutor’s arrest warrant for its CEO Do Kwon as an overreach of their authorities, The Wall Street Journal reported September 28 Citing a Terraform statement, WSJ wrote that a spokesman for the firm claimed that the failed Luna crypto asset was not a security, so South Korea’s capital-markets law […] The post Terraform deems South Korea’s Do Kwon arrest warrant ‘unfair’ appeared first on CryptoSlate. дальше »

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California Hits Nexo With Cease & Desist Notice, Citing Investor Protection Issues

The California Department of Financial Protection (DFPI) has issued a cease and desist order against crypto lender Nexo Group for offering yield-bearing accounts. The post California Hits Nexo With Cease & Desist Notice, Citing Investor Protection Issues appeared first on BeInCrypto. дальше »

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Going South: Crypto Mining Company Compute North Goes Bankrupt

Crypto mining data center company Compute North is the latest casualty in the ongoing harsh crypto winter that has of late forced some of the biggest crypto companies to close shop. Compute North filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Southern District of Texas on Friday, citing mounting pressure […] дальше »

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Bitcoin Mining Firm Compute North Files for Chapter 11 Bankruptcy

Compute North Holdings, a firm that offers data center services to cryptocurrency miners and blockchain firms, filed for bankruptcy in Texas. Compute North Applies for Bankruptcy  Compute North, a Bitcoin mining hosting firm, has filed for chapter 11 bankruptcy, citing… дальше »

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EVGA to Stop Making Graphics Cards After Ethereum Merge Citing Nvidia 'Mistreatment'

The move comes as graphics card add-in board manufacturers post weaker financials as demand dries up due to Ethereum’s transition away from proof-of-work mining. дальше »

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Binance CEO Hails White House Crypto Framework, Citing ‘Responsible Innovation’

Binance CEO Chanpeng Zhao has praised the digital assets report from the White House, saying it shows initiative on the part of the US government. The post Binance CEO Hails White House Crypto Framework, Citing ‘Responsible Innovation’ appeared first on BeInCrypto. дальше »

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Where Is Do Kwon? Terra Chief Reportedly Flees Singapore

According to Reuters, Terra’s founder, Do Kwon, is reportedly not in Singapore, citing the Singapore Police Force. According to local media reports, Singapore Police stated that “the wanted crypto developer Do Kwon was not currently in the city-state. дальше »

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Fintech Startup TrueLayer Trimming 10% of Staff, Citing Challenging Market Conditions

London-based fintech open banking startup TrueLayer has announced that it will lay of 10% of its workforce due to "challenging market conditions." дальше »

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Norwegian town wants 'noisy' Bitcoin miner out, CEO responds

A municipality in Norway is using all means necessary to avoid “energy-sucking” Bitcoin miners establishing further operations, citing noise complaints and energy concerns. дальше »

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Wall Street mainstays setting up digital assets exchange with on-chain settlement

Some of the biggest names in finance are joining together to create the EDXM exchange, citing a pent-up demand for crypto assets and the need for compliance and security. дальше »

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Fidelity Continues Bitcoin Push With Potential Brokerage and Trading Platform Plans

The Wall Street Journal reported that Fidelity Investments may allow retail investors to trade bitcoin, citing sources familiar with the matter. The post Fidelity Continues Bitcoin Push With Potential Brokerage and Trading Platform Plans appeared first on BeInCrypto. дальше »

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Huobi delists seven privacy tokens, citing compliance policies

Crypto exchange Huobi has announced plans to delist seven privacy tokens in compliance with new regulatory policies. The post Huobi delists seven privacy tokens, citing compliance policies appeared first on CryptoSlate. дальше »

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Huobi to delist Monero and other privacy coins, citing regulatory pressures

The exchange cited its own token management policy and compliance efforts as primary reasons for delisting seven privacy coins.

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CleanSpark acquires mining facility in Georgia for $33 million

This is the second deal the company announced this week citing "substantially discounted price."

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Crypto miner Poolin pauses BTC and ETH withdrawals, citing 'liquidity problems'

“We will make a snapshot of the remaining BTC and ETH balances on pool on September 6th to work out the balances," said Poolin.

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Tether (USDT) Seek Termination of Legal Firm Linked to Avalanche (AVAX)

Tether (USDT) has requested that Roche Freedman, the legal firm accused of holding a “secret pact” with Avalanche (AVAX), be terminated from a class action suit brought against the stablecoin issuer, citing a conflict of interest. дальше »

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dYdX Cancels $25 Deposit Bonus Campaign After Twitter Roasts Webcam ‘Liveness Check’

Citing “extremely overwhelming demand,” the decentralized trading platform dYdX has ended a deposit scheme promotion which required its users to verify their identity by webcam. The post dYdX Cancels $25 Deposit Bonus Campaign After Twitter Roasts Webcam ‘Liveness Check’ appeared first on BeInCrypto. дальше »

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Crypto community lambasts dydx’s new facial verification requirement

Decentralized exchange dYdX (DYDX) has discontinued its new $25 deposit promo citing “overwhelming demand,” and denied claims that the DEX now required users’ verification. The post Crypto community lambasts dydx’s new facial verification requirement appeared first on CryptoSlate. дальше »

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FASB crypto accounting rules to exclude NFTs, some stablecoins – WSJ

The Financial Accounting Standards Board (FASB) will not include NFTs and some stablecoins in its crypto accounting review, The Wall Street Journal reported on August 31, citing sources. The post FASB crypto accounting rules to exclude NFTs, some stablecoins – WSJ appeared first on CryptoSlate. дальше »

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Thai SEC Fines Bitkub Executive $235K for Insider Trading

Thailand’s oldest commercial bank recently backed out of a deal to buy a majority stake in Bitkub citing unresolved regulatory issues with the country's securities regulator. дальше »

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Hodlnaut now placed under creditor protection after freezing withdrawals

Hodlnaut froze withdrawals and all other services on its platform on Aug. 8, citing a liquidity crisis and turbulent market conditions. дальше »

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Thailand’s SCB Scraps Bitkub Takeover Deal Citing Regulatory Issues

Thailand's oldest lender has pulled out of a $500 million deal to buy cryptocurrency exchange Bitkub, which had been delayed since July. The post Thailand’s SCB Scraps Bitkub Takeover Deal Citing Regulatory Issues appeared first on BeInCrypto. дальше »

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Afghan Authorities Shut Down 16 Crypto Exchanges in One Week: Report

Police reportedly closed the exchanges and arrested their staff after Afghanistan's central bank stated that digital currency trading should be stopped citing problems and scams. дальше »

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Siam Commercial Bank Scraps $500M Purchase of Stake in Thailand’s Largest Crypto Exchange

Siam Commercial Bank, Thailand’s oldest lender, abandoned a plan to buy a majority of Bitkub Online, citing unresolved regulatory issues. дальше »

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Bitcoin Miner Argo Cuts Year-End Hashrate View Citing Delayed Intel Mining Rigs

The company’s second-half revenue and adjusted EBITDA fell mainly due to the decline in bitcoin prices. дальше »

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Citigroup Digital-Assets Driver Itay Tuchman to Depart

Citi's head of foreign exchange, Itay Tuchman, who was central to the bank's exploration of digital assets in recent years, is to depart, Reuters reported Monday citing an internal memo. дальше »

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Tencent Shuts Down China NFT Platform Citing Increasing Scrutiny

Chinese social media giant Tencent Holdings has closed its non-fungible tokens (NFT) platform Huanhe after just one year of operation. The move comes as regulatory scrutiny of NFTs mounts in the country. дальше »

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