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FTX secretly used Deltec Bank to create and sell Tether for profit, lawsuit alleges

FTX companies created and profited from Tether through an arrangement with a partner bank, according to a court case described by Bloomberg on Feb. 17. The case quoted Caroline Ellison, former CEO of Alameda Research, as stating: “Alameda could create USDT on credit through the unofficial Deltec Line of Credit and sell that USDT for […] The post FTX secretly used Deltec Bank to create and sell Tether for profit, lawsuit alleges appeared first on CryptoSlate. дальше »

2024-2-18 04:06


Can crypto-enabled Strike give Argentinians relief amid soaring hyperinflation

Growing imbalances in Argentina's economy will likely propel the country's inflation rate above 60% in 2022. Different prominent researchers have quoted the same concern. "We are heading into a scenarThe post Can crypto-enabled Strike give Argentinians relief amid soaring hyperinflation appeared first on AMBCrypto. дальше »

2022-1-12 17:30


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Three Genuine Options For Generating Passive Returns From Cryptocurrencies & NFTs You Already Own

If you’re into crypto trading and investments, you are most certainly aware of the widely quoted statistic that “95% of traders lose money.” The number may vary in reality, but there is no denying that trading cryptocurrencies are a high-risk investment option primarily suitable for risk capital. While day trading is one of the mostRead More дальше »

2021-11-4 18:00


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Hallelujah! US Senator Grateful For Bitcoin As US Debt Likely To Cause Dollar Devaluation

Senator Cynthia Lummis (R.) on Sunday, expressed unreserved gratitude to God for the gift of Bitcoin in the face of the US impending monetary debt crisis. The six-year senator who has remained an unwavering proponent of Bitcoin was quoted as saying: “One of the reasons I became so interested in digital currencies, in non-fiat currencies, […] дальше »

2021-10-19 22:59


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China Shuts Down 173 Cryptocurrency Exchanges and Token-Issuing Platforms

China has reportedly shut down all cryptocurrency exchanges operating within the country, according to a Twitter update from Chinese blockchain outlet CnLedger. CnLedger quoted the People’s Bank of China (PBoC) Financial Stability Report (2019), stating that “the 173 Chinese virtual-currency trading and token issuing platforms have all exited without risk. дальше »

2019-11-25 16:06


Zimbabwe’s Golix Crypto Exchange Founder Claims to Have Lost Password To Bitcoin’s Cold Wallet

Crypto investors and worshippers in Zimbabwe were left in shock after learning that the founder and CEO of a leading crypto exchange in Zimbabwe, Golix, had lost the password to its cold wallet. According to Cointelegraph, the CEO of Golix, Tawanda Kembo, reportedly misplaced the password last year in May. Cointelegraph quoted a local news […] дальше »

2019-11-3 20:03


China’s Central Bank Affirms That National Digital Currency Has No Timeframe For Launch

China has confirmed its plans to launch its own central bank-based digital currency but does not have a timeframe right now. This is what the local media outlet Global Times revealed after the local central bank, the People’s Bank of China, commented on the situation of the project. The governor Yi Gang was quoted by […] дальше »

2019-9-25 20:15


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A Founding Father of Blockchain Praises Electroneum, Compares Security with the of Bitcoin’s

Dr. Scott Stornetta is the blockchain co-inventor quoted in the Bitcoin whitepaper written by Satoshi Nakamoto, who created the first cryptocurrency in 2009. The globally renowned scientist considers himself as the person who “has spent longer thinking about blockchain than anyone else on the planet. дальше »

2019-9-4 09:15


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Facebook Faces Fresh EU Scrutiny As WhatsApp Edges Closer To Mobile Payments

The European Union is actively probing Facebook’s Libra digital currency project for competition law violations, mainstream media report. Facebook’s Libra Has ‘Potential Anti-Competitive Behavior’ According to Bloomberg, which cited official correspondence August 20, the European Commission is quizzing Libra participants via a dedicated questionnaire. дальше »

2019-8-21 14:00


Nintendo Hightails Some Production Out of China, Debunks Tariff Assertion

Gaming giant Nintendo has announced that it is moving part of the production capacity for its Switch console from China to Vietnam. In a statement quoted by USA TODAY, the company revealed that while the bulk of production will remain in China, starting this summer, some of the consoles will be built in Vietnam as […] The post Nintendo Hightails Some Production Out of China, Debunks Tariff Assertion appeared first on CCN Markets дальше »

2019-7-10 03:15