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Binance support hints at euro transfer and withdrawal issues
Binance Support account repeatedly claimed on X that the company had suspended EUR transfers until further notice. In an Aug. 21 tweet, Binance’s customer support wrote that direct bank transfer for EUR currency is in maintenance. Still, card-based deposits and… дальше »
2023-8-21 17:30 | |
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Recur announces phased shutdown of NFT platform
NFT platform Recur has revealed plans to cease operations less than two years after securing $50 million in a Series A funding round. The company has detailed a structured shutdown of the platform, commencing with the suspension of primary and… дальше »
2023-8-21 16:42 | |
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Bitget introduces new KYC for its customers
The Seychelles-based exchange known as Bitget is adding the KYC process for its new users starting Sept. 1. The company said in a statement that all the new users will have to complete the level one KYC verification for making… дальше »
2023-8-21 13:09 | |
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Gryphon Digital wants Sphere 3D’s lawsuit dismissed
Crypto mining company Gryphon Digital is contesting a lawsuit from its former collaborator, Sphere 3D, over a significant bitcoin transfer. Sphere 3D alleged in April that Gryphon Digital CEO Rob Chang transferred 18 bitcoins to an impostor pretending to be… дальше »
2023-8-21 03:02 | |
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Binance In Murky Waters? Analyst Explains Why BNB Must Stay Above This Price
The last few days have been eventful for the crypto market following a major crash on Thursday that resulted in the loss of $1 billion in market cap. In another unnerving development, it appears that Binance, the world’s largest exchange, may be in some form of trouble as a crypto analyst shares some insight on the company. дальше »
2023-8-19 16:02 | |
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Binance Troubles Escalate: Checkout.com Cuts Ties Citing AML Concerns
According to a recent report by Forbes, Checkout. com, the London-based credit card processing company, has terminated its contract with the largest crypto exchange in the world, Binance, citing concerns over money laundering and compliance issues. дальше »
2023-8-19 03:30 | |
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Celsius Creditors Could Recoup Up To 85% Of Holdings If New Proposal Is Approved
Amid the Celsius bankruptcy, permission has been granted to the company by a US bankruptcy judge to consider creditor approval for its bankruptcy plan. Creditors are to vote on Celsius’s plans to sell assets to the Fahrenheit consortium after a judge approved disclosures on Thursday, and creditors are expected to recoup up to 85% of […] дальше »
2023-8-19 23:00 | |
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US Court Greenlights SEC’s Request To Probe Terra Co-Founder In Korea
In a significant legal development, US District Judge Jed Rakoff granted the US Securities and Exchange Commission (SEC) the authority to collaborate with the South Korean government in its probe against Do Kwon’s Terraform Labs co-founder, Daniel Shin, and collect evidence from payments company Chai Corp. дальше »
2023-8-19 19:30 | |
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UK Credit Card Company Dumps Binance Over Money Laundering Concerns
Checkout.com, a UK payment processor, as terminated its relationship with Binance over money laundering concerns. The post UK Credit Card Company Dumps Binance Over Money Laundering Concerns appeared first on BeInCrypto. дальше »
2023-8-19 18:30 | |
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SpaceX Bold Move: Why Did They Sell $373 Million In Bitcoin Holdings?
SpaceX, the aerospace company founded by tech mogul Elon Musk, reportedly took a significant step in reshaping its financial portfolio by recording a write-down of $373 million on its Bitcoin holdings in the past two years. дальше »
2023-8-18 16:20 | |
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Mastercard forges blockchain alliances to power future of CBDCs
Mastercard is partnering with Ripple, Consensys, and other blockchain companies on a central bank digital currency program. On Aug. 17, the payments giant announced its CBDC Partner Program, including other inaugural partners like tokenized assets company Fluency, digital assets platform Fireblock, Consult Hyperion, and Idemia. дальше »
2023-8-18 13:30 | |
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Bitcoin Crashes Below $25,000 After Elon Musk’s SpaceX Sells All BTC Holdings
Bitcoin took a deep dive below the $25,000 mark, rattling investors and traders, following a revelation that Elon Musk’s space exploration company, SpaceX, had sold its BTC holdings. The value of the leading cryptocurrency fell to a low of $24,711, sparking similar declines in Bitcoin-related stocks such as Coinbase, Marathon Digital, and Riot Platforms. Documents […] дальше »
2023-8-18 08:39 | |
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Federal Reserve shuts down Farmington Bank over unapproved stablecoin project
The Federal Reserve took action against Farmington State Bank on Aug. 17, asserting the bank took on a stablecoin strategy without notifying supervisors or gaining approval. The U.S. government agency said that it approved Farmington’s application to become a bank holding company in 2020, at which time it imposed certain conditions on the bank and […] The post Federal Reserve shuts down Farmington Bank over unapproved stablecoin project appeared first on CryptoSlate. дальше »
2023-8-18 02:00 | |
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Coinbase, Tarred as an Illicit Exchange by the SEC, Quietly Got Regulated Elsewhere in the U.S.
As Coinbase Inc. (COIN) scraps with the U.S. Securities and Exchange Commission (SEC) on its right to exist as an exchange, the company has achieved an unprecedented milestone in U.S. oversight by winning approval to handle customers’ buying and selling of crypto futures. дальше »
2023-8-17 18:20 | |
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BitGo valued at $1.75b after $100m funding round
The Palo Alto-based security infrastructure and custodian firm, BitGo, secured a $100 million Series C funding round. This put the company at a $1.75 billion valuation. According to the press release, despite the regulatory differences, BitGo is already regulated in… дальше »
2023-8-17 13:32 | |
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Valkyrie submits application for Ether futures ETF
Valkyrie, the asset management company, has applied to the US SEC for an Ether (ETH) futures ETF. This initiative follows Valkyrie’s earlier alteration of its investment approach for a Bitcoin (BTC) futures ETF to align with regulatory guidelines. According to… дальше »
2023-8-17 09:48 | |
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Former SEC official comments on Binance.US’ request for protection
Binance. US’s parent company’s request for a protective order on Aug. 14 to prevent securities regulators from making excessive demands may be on shaky grounds, according to one former official. дальше »
2023-8-17 03:40 | |
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CBI signs strategic deal with Cardiff City FC to advance “Football at AplhaVerse”
A leading tech firm Crypto Blockchain Industries (CBI), has revealed a strategic collaboration with United Kingdom’s football club Cardiff City FC. CBI is a French company specializing in video games and projects related to cryptocurrencies, non-fungible tokens (NFTs), and blockchain. дальше »
2023-8-17 20:54 | |
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Valkyrie just filed for an ETH futures ETF with the U.S. SEC
Valkyrie already resubmitted its Bitcoin futures ETF with the SEC. Valkyrie is the first company to file for an ETH futures ETF in the U. S. Ethereum (ETH) price reacted minimally to the news and was trading at $1,819. дальше »
2023-8-17 20:21 | |
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Is An XRP Spot ETF Coming To The US Soon? Bloomberg Analyst Answers
Ripple has continued to revel in the glow of Judge Analisa Torres’ ruling in favor of the crypto company, with many use cases being touted for its native token XRP. The most recent use case to surface is a Spot XRP ETF, and Bloomberg analyst James Seyffart has quickly weighed in on the possibility of this happening. дальше »
2023-8-16 18:00 | |
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Volatility Shares aims to list its Ether Futures ETF on October 12
Volatility Shares plans to have its Ether Futures ETF (ETHU) open to investors on October 12. The company listed its 2x Bitcoin-linked ETF (BITX) in July. While all eyes remain on the US Securities and Exchange Commission (SEC) with regard to the several spot Bitcoin ETF applications before it, market experts say the first Ethereum futures […] The post Volatility Shares aims to list its Ether Futures ETF on October 12 appeared first on CoinJournal. дальше »
2023-8-16 14:12 | |
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Blockchain powered Helium Mobile launches $5 unlimited decentralized data plan
The telecommunication world is witnessing a fundamental shift with the launch of Helium Mobile’s decentralized $5 unlimited mobile plan, one of the first of its kind, in Miami. As reported by the company, this move is seen as a strategic step towards realizing Helium’s vision of a future where connectivity is affordable and accessible to […] The post Blockchain powered Helium Mobile launches $5 unlimited decentralized data plan appeared first on CryptoSlate. дальше »
2023-8-16 10:27 | |
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New Zealand crypto exchange Dasset files for bankruptcy
A New Zealand-based crypto exchange Dasset has gone into liquidation. Clients are reportedly unable to reach their accounts. The company’s CEO, Stephen Macaskill, said Dasset applied for voluntary liquidation. дальше »
2023-8-16 00:55 | |
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XRP Competitor Stellar Gets Equity In MoneyGram, Plans To Disrupt Payments Sector
The XRP ecosystem could face more vigorous opposition to its expansion from Stellar and native cryptocurrency XLM. The company recently acquired a minority stake in payment processor MoneyGram. Related Reading: Ripple Vs. дальше »
2023-8-16 19:04 | |
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Prime Trust files for bankruptcy
Cryptocurrency custodian fintech Prime Trust has filed for bankruptcy under Chapter 11 in the US. The company filed a voluntary petition for bankruptcy in the Eighth Judicial District Court of Nevada. дальше »
2023-8-15 16:30 | |
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Binance seeks protection from ‘overbroad’ SEC information requests
BAM Trading, Binance U. S. ’s operating company, and BAM Management sought a protective order against the U. S. Securities and Exchange Commission’s (SEC) “troubling and inappropriate” abuse of its information requests, according to an Aug. дальше »
2023-8-15 12:49 | |
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Up to $500M in liabilities as crypto custodian Prime Trust files Chapter 11 bankruptcy
Prime Trust, LLC, a prominent player in digital asset custody, has filed voluntary petitions for Chapter 11 bankruptcy. According to a report released by the company on Aug. 14, the proceedings are expected to provide a “transparent and value-maximizing process for the benefit of its clients and stakeholders. дальше »
2023-8-15 11:49 | |
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Coinbase launches Stand with Crypto Alliance, reports 52k ‘advocate’ signups on first day
Coinbase announced on Aug. 14 the launch of its Stand With Crypto Alliance, an initiative aimed at countering anti-crypto legislation by mobilizing the community at a grassroots level. While Coinbase has not detailed its long-term strategy, the company suggests that it aims to foster a grassroots movement and develop a proactive constituency advocating for legal […] The post Coinbase launches Stand with Crypto Alliance, reports 52k ‘advocate’ signups on first day appeared first on CryptoSlate. дальше »
2023-8-15 04:00 | |
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Disappointing Q2 earnings send shares of Bitcoin Miner Hut 8 plummeting
Following the release of disappointing Q2 earnings results, Hut 8 (TSX: HUT), a Toronto-based Bitcoin mining company, had its shares drop 8% on Monday. The company reported that it mined 399 BTC during the quarter that ended on June 30; a decrease of 58% from the same time last year. дальше »
2023-8-15 22:27 | |
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CoinDesk lays off over 40% of editorial staff to ‘ensure a financially sound business’ ahead of sale
Digital Currency Group (DCG) is laying off staff as the company tries to ensure that its expenses-to-profit ratio looks better for potential acquirers. DCG — the owner of CoinDesk — is cutting the publication’s editorial team by almost 45%, or… дальше »
2023-8-15 19:06 | |
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CoinDesk to lay off 45% of editorial staff amid restructuring: Report
Crypto media outlet CoinDesk is laying off 45% of its editorial staff in a sweeping restructuring move as its parent company Digital Currency Group (DCG) seeks to bring on strategic investors, according to an internal memo reviewed by The Block. дальше »
2023-8-14 19:03 | |
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Coinbase expands to Canadian market after Binance exits
Coinbase has officially expanded its crypto services to Canada, according to an Aug. 14 statement. The exchange revealed a strategic collaboration with Peoples Trust Company, a subsidiary of the Peoples Group. дальше »
2023-8-14 18:00 | |
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CoinDesk Restructuring: 45% of Editorial Staff Let Go Ahead Of Acquisition
Per a report from TheBlock, competitor CoinDesk cuts its workforce almost in half as the company prepares to complete a major deal. Crypto reporter Frank Chaparro reviewed an internal memo announcing the decision today. дальше »
2023-8-14 17:40 | |
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Coinbase expands into Canada with key partnership
Coinbase has expanded its crypto offerings for the Canadian market as part of the crypto exchange’s international expansion efforts. According to a Monday August 14 announcement, Coinbase’s entry into Canada is via a partnership with Peoples Trust Company. дальше »
2023-8-15 17:25 | |
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Hut 8 grapples with revenue fall, Bitcoin mining output in challenging Q2 2023
Hut 8 Mining Corp, the U. S. digital asset mining company, has released its financial results for Q2 2023, ending on June 30. The disclosed statistics present a challenging quarter for the corporation, marked by decreased mining output and a notable fall in revenue. дальше »
2023-8-14 17:00 | |
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Metaverse project The Sandbox unlocks $133M worth of tokens
The next batch of token unlocks for The Sandbox is on Feb. 14, 2024, and will unfreeze over 200 million SAND for its team, company reserve and advisers. дальше »
2023-8-15 16:23 | |
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Bitcoin miner Hut 8 revenue declined by $18.3 million in Q2
Hut 8 posted revenue of $14. 3 million (19. 2 Canadian Dollars), which had fallen $18. 3 million during the quarter compared to Q1, 2023. The company mined 399 Bitcoin (BTC) but sold a total of 396 BTC for $10. дальше »
2023-8-15 16:22 | |
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PayPal discreetly launches crypto hub for selected users
PayPal’s introduction of a Crypto Hub and the launch of its stablecoin, PYUSD, mark a significant step in the cryptocurrency space. PayPal, a California-based fintech company, unveiled its new crypto hub on Aug. 7. It allows users to engage in… дальше »
2023-8-14 15:11 | |
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Stablecoin UZD dips 99% following Zunami Protocol hack
Blockchain security company PeckShield detected an attack on the decentralized finance (DeFi) project Zunami Protocol on August 13. The hackers stole over $2. 1 million from Zunami’s Curve Pools through price manipulation. дальше »
2023-8-15 11:56 | |
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Zunami Protocol lost $2.1 million to cyber attack
Zunami Protocol has suffered an attack on its zStables pools, leading to a $2.1 million loss. The company assures that the collateral is secure. The blockchain security firm, PeckShield, detected the attack on August 13. It stated that the company… дальше »
2023-8-14 11:26 | |
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Ripple Unveils Video Demo of EVM Sidechain That Could Disrupt Ethereum’s Smart Contract Lead
Ripple, the company behind the fifth-largest cryptocurrency by market capitalization, has joined forces with Peersyst to unveil the first XRPL (XRP Ledger) sidechain with Ethereum Virtual Machine (EVM) compatibility. дальше »
2023-8-14 02:37 | |
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Societe Generale Makes Crypto History, Whales Eye Borroe as it Introduces Unprecedented AI-Powered NFT Marketplace
The world of cryptocurrency is witnessing an unprecedented shift as financial services company Societe Generale secures a historic regulatory license in France. This groundbreaking move has caught the attention of crypto whales, who are now setting their sights on Borroe ($ROE), an innovative project that is poised to redefine the Web3 funding landscape with its […] дальше »
2023-8-13 05:24 | |
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Bankrupt Celsius Network Reveals Plan To Shut Down App, Here’s Why
When Celsius launched back in 2017, many saw the company as one that had the potential to disrupt the industry with its crypto lending platform. Six years on, Celsius’ chapter in the crypto world seems to be ending, as recent developments will suggest. дальше »
2023-8-13 01:00 | |
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