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NFTs In Legal Crossroads: SEC Lawsuit Questions Securities Status
In a significant move underscoring the evolving regulatory landscape surrounding cryptocurrencies, the US Securities and Exchange Commission (SEC) has turned its attention to the Non-Fungible Tokens (NFTs) market, initiating legal action against media and entertainment company Impact Theory. дальше »
2023-8-29 00:00 | |
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SEC charges Impact Theory with unregistered offering of NFTs
SEC charged US-based media company Impact Theory with offering and touting investment potential of their Founder’s Key NFTs. Impact Theory did not deny nor agree to the charges, but accepted a $6. дальше »
2023-8-29 20:41 | |
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SEC Sues California Company in First Enforcement Action Targeting NFTs
SEC sues company for the sale of NFTs as unregistered securities.
The post SEC Sues California Company in First Enforcement Action Targeting NFTs appeared first on BeInCrypto.
дальше »2023-8-29 19:45 | |
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BitBoy Brand Owners Dump Ben Armstrong For "Substance Abuse" And More
BJ Investment Holdings, which owns the BitBoy Crypto Brand, has announced that it has removed Ben Armstrong from the company and the brand, citing substance abuse issues as the reason. дальше »
2023-8-29 15:00 | |
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BYD Electronics Expands with $2.2B Acquisition of Jabil’s Mobility Business
Coinspeaker BYD Electronics Expands with $2. 2B Acquisition of Jabil’s Mobility Business The company said the acquisition is expected to enhance its market share and foster synergy with its existing products, ultimately boosting its overall competitiveness. дальше »
2023-8-28 14:06 | |
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Balancer suffers $900k exploit amid recently discovered vulnerability
The decentralized finance protocol, Balancer, suffered an exploit attack for nearly $900,000 in just a few days after a critical vulnerability was discovered. On Aug. 27, the company explained to its users that it suffered an attack and that it… дальше »
2023-8-28 12:07 | |
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BitBoy removes host Ben Armstrong amid meme coin controversy – reports
Ben Armstrong, the influential figure behind BitBoy Crypto, has reportedly left the company, leaving the crypto community in speculation. According to a screenshot shared by Bitcoin author Jason A. дальше »
2023-8-28 10:18 | |
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OnlyFans’ parent firm reveals its Ethereum (ETH) holdings amid surged revenue
OnlyFans’ parent company, Fenix International, revealed its crypto holdings in its latest financial filings, confirming that it purchased Ethereum worth $19. 9M between 2021 and 2022. Nonetheless, unwelcoming events such as Terra’s debacle and Celsius’s bankruptcy catalyzed the downside trend in the crypto market within the past twelve months. дальше »
2023-8-28 09:34 | |
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Ethereum Boosted By $20M Purchase By OnlyFans’ Parent Firm
In a strategic move that underscores the growing integration of crypto into mainstream business operations, Fenix International Limited, the parent company of the adult content subscription platform OnlyFans, has made a significant investment in Ethereum (ETH). дальше »
2023-8-28 08:30 | |
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Ronaldinho Allegedly Tied to 2% Daily Return Crypto Scam, No-Show in Court
Former football star Ronaldinho is accused of operating a cryptocurrency pyramid scheme through his company, 18K Ronaldinho, but avoided a court hearing due to bad weather. The post Ronaldinho Allegedly Tied to 2% Daily Return Crypto Scam, No-Show in Court appeared first on BeInCrypto. дальше »
2023-8-28 02:40 | |
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OnlyFans Parent Company Invested in ETH, Recent Filing Shows
The company that operates OnlyFans has reported holding ETH, but that it lost money on the investment in 2022. The post OnlyFans Parent Company Invested in ETH, Recent Filing Shows appeared first on BeInCrypto. дальше »
2023-8-27 14:25 | |
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Binance suspends P2P transactions with sanctioned Russian banks
Last year, crypto exchange Binance claimed that it no longer allowed customers to pay each other through sanctioned Russian banks. In reality, that wasn’t the case. The company’s crypto exchange’s peer-to-peer (P2P) service no longer recommends five blacklisted Russian financial… дальше »
2023-8-27 00:09 | |
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Lawyer Gives Reasons Why The SEC Won’t Drag Ripple Founders Through A Trial
There have been speculations that the US Securities and Exchange Commission (SEC) could drag Ripple Labs’ founders into the regulator’s long-running legal battle against their company. However, pro-XRP legal expert Fred Rispoli has outlined why this is unlikely. дальше »
2023-8-26 16:00 | |
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SEC Fines 3M Company for Alleged FCPA Violations in China
SEC accuses 3M of corruption in China.
The post SEC Fines 3M Company for Alleged FCPA Violations in China appeared first on BeInCrypto.
дальше »2023-8-26 18:45 | |
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FTX Seeks Out Safe Haven For Remaining Crypto Assets With Galaxy Digital
Several events in FTX’s bankruptcy proceedings continue to unravel as the crypto exchange seeks to settle its creditors and possibly restart. The latest of these is that the company has moved to protect its remaining assets with the help of Galaxy Digital. дальше »
2023-8-26 17:00 | |
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Prime Trust’s parent company reports $8m loss due to TerraUSD investments
Prime Core Technologies, the parent entity of crypto custodian Prime Trust, reports an $8 million shortfall from TerraUSD investments. The loss was disclosed in an Aug. 24 filing with the Bankruptcy Court for the District of Delaware in the United States. The… дальше »
2023-8-25 13:15 | |
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Chinese Filecoin Mining Firm Faces $83.3 Million Controversy; Traders Predict a Meteoric Rise for Ethereum (ETH) And InQubeta (QUBE)
Shenzhen Shikongyun Technology, a prominent Filecoin (FIL) mining company in China, is facing serious allegations of gross misconduct and misdeeds brought forward by users. This distressing situation has prompted a comprehensive investigation into the operations of Filecoin. дальше »
2023-8-25 11:00 | |
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Prime Trust lost $8M after Terra collapsed; bought $76M ETH in unrelated wallet loss
Failed crypto custodian Prime Trust revealed new details about its past financial shortfalls in a filing submitted to bankruptcy courts on Aug. 24. That filing indicates that Prime Trust’s investment in the TerraUSD (USTC) stablecoin resulted in millions of dollars of losses for the company. дальше »
2023-8-25 01:10 | |
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Why Nvidia’s 20% Rise Ignited Rally In Crypto AI Tokens
Crypto tokens with Artificial Intelligence (AI) applications have outperformed other assets as chipmaker Nvidia reached an all-time high. The legacy company’s stock price saw important gains as its bet on the AI sector paid off. дальше »
2023-8-25 00:00 | |
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Meta releases AI developer assistant ‘Code Llama’
Facebook parent Meta announced on Aug. 24 that it is releasing Code Llama, a large language model (LLM) for use by coders and developers. The company said that Code Llama can generate and discuss code, improve workflow speeds, and reduce barriers to entry for new coders. дальше »
2023-8-25 23:50 | |
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Prime Trust parent company lost $8M investing in TerraUSD
Prime Core Technologies said that “under prior management” it had lost $6 million in user funds and $2 million in treasury funds through investments in the algorithmic stablecoin. дальше »
2023-8-25 23:30 | |
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Coinbase Is Talking With Canadian Banking Giants to Promote Crypto
U.S.-based crypto exchange Coinbase is in talks with Canadian banking giants, trying to convince them to support the crypto ecosystem in that nation, which the company recently entered as it grapples with regulatory uncertainty in its home country. дальше »
2023-8-25 22:43 | |
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Coinbase, in Uncharted Territory as Public Company Running Blockchain, Pledges Neutrality
The U.S. crypto exchange’s ‘Base Neutrality Principles’ are a series of guidelines aimed at maintaining a decentralized and neutral blockchain, according to a blog post. дальше »
2023-8-24 19:00 | |
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FTX Picks Galaxy Digital to Help Offload Crypto Holdings
FTX, currently undergoing bankruptcy proceedings, has hired Galaxy Digital to sell its crypto holdings. The company aims to conclude the bankruptcy proceedings by Q2 2024. The post FTX Picks Galaxy Digital to Help Offload Crypto Holdings appeared first on BeInCrypto. дальше »
2023-8-24 16:20 | |
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Yevgeny Prigozhin Potentially Linked to the Fifth Largest Bitcoin Wallet
Claims have surface online the deceased owner of a military company owned a wallet containing $2.6 billion in Bitcoin. The post Yevgeny Prigozhin Potentially Linked to the Fifth Largest Bitcoin Wallet appeared first on BeInCrypto. дальше »
2023-8-24 15:15 | |
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Paxos Report: Is Blockchain The Next Step For Global Remittances?
The age of digital currencies and blockchain technology is upon us, with an increasing number of institutions advocating for their widespread adoption. At the forefront of this conversation is Paxos Trust Company, the New York-based stablecoin titan. дальше »
2023-8-24 12:30 | |
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Bitstamp to end Ethereum staking for U.S. customers in September
Crypto exchange Bitstamp will end Ethereum (ETH) staking services for U. S. customers within a month, according to a statement on Aug. 23. The company said: “Customers will continue earning staking rewards up until [Sept. дальше »
2023-8-24 02:30 | |
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Ripple, SEC inform Judge Torres of availability for trial in Q2, 2024
Ripple Labs is ready for a court battle with the US Securities and Exchange Commission (SEC), the company’s counsel says. Ripple’s legal team has filed a response to US Judge Analisa Torres’ order that parties to the upcoming trial hearing submit dates they would not be available in the second quarter of 2024. дальше »
2023-8-24 23:05 | |
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Sam Bankman-Fried plans to lean on ‘counsel advice’ defense in criminal trial
FTX founder Sam Bankman-Fried intends to blame “counsel advice” provided by the company’s internal legal team and Fenwick & West, a prominent Silicon Valley law firm, in his case against the U. дальше »
2023-8-23 19:30 | |
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Crypto Lender BlockFi Says Its Customers Are More Important Than FTX
Bankrupt crypto lender BlockFi has moved to recover several assets in a bid to settle its customers as part of its ongoing bankruptcy proceedings. And the company is standing firm that its customers should take priority over fellow bankrupt company FTX. дальше »
2023-8-23 14:00 | |
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OpenAI gets lukewarm response to customized AI offering
The company said the fine-tuning facility and the training data used for fine-tuning are scrutinized via a moderation API and the GPT-4 powered moderation system. дальше »
2023-8-23 13:57 | |
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Dave Portnoy ‘Definitely’ Wants Bitcoin on Balance Sheet After Barstool Sports Reclamation
Dave Portnoy, after buying back Barstool Sports, contemplates integrating Bitcoin into the company's balance sheet. This, even as past crypto involvements cast shadows on his financial decisions. дальше »
2023-8-23 12:00 | |
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Tether Burns $1,200,000,000 USDT on Tron Network, Should Investors Be Worried?
In a significant move, Tether, the company behind the widely-used stablecoin $USDT, has burned 1. 2 billion USDT on the Tron blockchain. This action was taken in relation to the funds accrued in the Treasury wallet, which were accumulated due to chain swaps and redemptions from previous periods. дальше »
2023-8-23 09:30 | |
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Ex-OpenSea Executive Nate Chastain Gets 3 Months in Prison for Insider Trading
Nate Chastain, the former head of product at NFT platform OpenSea, has received a three month prison sentence for making tens of thousands of dollars worth of insider trades during his tenure at the NFT company. дальше »
2023-8-23 23:58 | |
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Custody Giant Prime Trust Files For Chapter 11 Bankruptcy But Says It Will Continue Operations
Virtual currency custody solutions provider Prime Trust has filed for Chapter 11 bankruptcy following a liquidity crisis that community members say has been brewing for several months. The company made the filing on August 14, noting that the bankruptcy procedure will “provide a transparent and value-maximizing process for the benefit of the Company’s clients and […] дальше »
2023-8-22 21:29 | |
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Terra blockchain shuts down its website to prevent phishing
Layer-1 blockchain Terra has shut down its website to protect its users from hackers and phishing attacks. The company said it’s better for its users to avoid accessing their website until a new announcement is made. Shutting down the website… дальше »
2023-8-22 15:39 | |
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Bitcoin Developers Push Back Against Craig Wright’s Claim to Billions of Dollars in Bitcoin
A group of bitcoin developers is fighting a lawsuit in the UK alleging they wrongfully refused to help Craig Wright’s crypto company retrieve billions of dollars worth of bitcoin that the company allegedly lost in a hack, a Monday court filing shows. дальше »
2023-8-22 02:20 | |
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Coinbase invests in stablecoin operator Circle
Coinbase (COIN), a US-based cryptocurrency exchange, has secured a minority stake in a payment company Circle. This collaboration comes as both entities take the significant step of dissolving their Centre Consortium partnership, which had been instrumental in the issuance of… дальше »
2023-8-22 23:48 | |
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China introduces new ID metaverse proposal
The Chinese-based company, Telco, has proposed a new digital ID system for bringing China into the metaverse. Telco’s proposal aims to bring all Chinese citizens into the metaverse using their ID metaverse system. дальше »
2023-8-21 17:56 | |
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