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Binance halts SEPA payouts, drives FUD around BNB
Binance admitted to restricting withdrawals and deposits, but later said it was an oversight. BNB's value decreased amid speculation around a possible FTX-FTT repeat. Concerns around the finThe post Binance halts SEPA payouts, drives FUD around BNB appeared first on AMBCrypto. дальше »
2023-8-22 12:00 | |
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Circle and Coinbase to dissolve Centre; USDC will remain fully available
Coinbase and Circle said in a blog post on Aug. 21 that Centre — the consortium originally responsible for the USDC stablecoin — will be dissolved. The two companies said that Centre will end its operations due to changing regulatory conditions. дальше »
2023-8-22 03:30 | |
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FDIC Issues Warning Over Increased and Complex Crypto-Related Risks
The Federal Deposit Insurance Corporation (FDIC) has issued a fresh warning to financial institutions about the increased and complex risks associated with crypto-related activities. In its 2023 risk review report released Monday, the agency said that crypto-assets “pose novel and complex risks to the U. дальше »
2023-8-22 22:42 | |
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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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UK to spend $130M on AI chips amid scramble to buy up computing power
The chips will be used to set up an AI resource as a recent report said 20% of firms can’t get enough computing power for AI.
дальше »2023-8-21 05:42 | |
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Yuga Labs of Bored Apes fame draws away from OpenSea over royalty fee policy
Non-fungible token issuer Yuga Labs suggested on Aug. 18 that it will discontinue support for parts of OpenSea’s trading platform. Yuga Labs responded to an Aug. 17 announcement from OpenSea in which the latter firm said it would transition to optional creator fees. дальше »
2023-8-20 02:11 | |
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Sam Bankman-Fried (SBF) Wants Freedom From Jail on Weekdays to Work on His Defense
Disgraced FTX founder Sam Bankman-Fried (SBF) said he needs to leave detention to prepare for his defense. The post Sam Bankman-Fried (SBF) Wants Freedom From Jail on Weekdays to Work on His Defense appeared first on BeInCrypto. дальше »
2023-8-19 17:00 | |
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Elon Musk praises pro-crypto Republican presidential candidate
The Tesla and SpaceX CEO said Republican party presidential candidate Vivek Ramaswamy is “very promising.“
дальше »2023-8-19 12:35 | |
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Ethereum’s new ‘Holesky’ testnet to launch in September
In an Aug. 17 meeting, Ethereum developers discussed developments around a new testnet — named ‘Holesky’ — that is set to launch on Sept. 15. Parithosh Jayanthi, DevOps at the Ethereum Foundation, said that developers tested 1. дальше »
2023-8-19 01:50 | |
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XRP Ruling Needs Appeals Court Review, SEC Says
The U.S. Securities and Exchange Commission (SEC) asked for permission to appeal a federal judge's ruling that XRP sales through exchanges didn't violate securities law, a day after the judge said the SEC could present its argument. дальше »
2023-8-19 00:13 | |
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Kraken introduces support for PayPal’s stablecoin, PYUSD
Kraken announced on Aug. 18 that it had added support for PayPal’s stablecoin, also known as PayPal USD or PYUSD. The cryptocurrency exchange said that deposits and withdrawals of PYUSD are currently open and added that it will open trading on Aug. дальше »
2023-8-19 23:40 | |
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Checkout.com terminates Binance support over AML concerns: report
Credit card processor Checkout. com cuts ties with Binance over AML concerns. Binance is reportedly considering legal action, Forbes said in a report published August 18. Binance recently announced it was shutting down its regulated buy-and-sell crypto arm Binance Connect. дальше »
2023-8-18 18:39 | |
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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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Crypto now more stable than oil: Decoding this turn of events
The lack of external catalysts forced top cryptos to stay glued to their narrow ranges. Experts said that the silent phase could be utilized for innovations in the industry. The fiercest criThe post Crypto now more stable than oil: Decoding this turn of events appeared first on AMBCrypto. дальше »
2023-8-18 01:30 | |
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Binance to shut down this service as BNB short positions increase
Binance Connect seems to have outlived its usefulness, as its shutdown is imminent. BNB has continued its downtrend as the negative funding rate increases. Binance is said to be discontinuinThe post Binance to shut down this service as BNB short positions increase appeared first on AMBCrypto. дальше »
2023-8-16 17:30 | |
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Only 8% of people are familiar with Web3 – what has happened?
Key Takeaways Google search interest in the metaverse is down 92% from its peak, highlighting the fall from grace for the concept 92% of respondents globally said that they have heard of crypto, but only 8% considered themselves to be very familiar with the concept of Web3 Web3 often has trouble defining exactly what it […] The post Only 8% of people are familiar with Web3 – what has happened? appeared first on CoinJournal. дальше »
2023-8-16 12:31 | |
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Blockstream to raise $50m to expand ahead of next BTC halving
Major crypto mining firm Blockstream looks to raise $50 million to acquire mining equipment in anticipation of the next Bitcoin (BTC) halving. During a recent interview with Cointelegraph, Blockstream’s mining sales head James Macedonio said that the firm wants to… дальше »
2023-8-16 12:25 | |
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Crypto mining sector now has a lobby in Washington
DEC founder and President Tom Mapes said he sees crypto mining firms as energy companies of the future. The mining sector has been at the receiving end of several actions by the U.S. governmentThe post Crypto mining sector now has a lobby in Washington appeared first on AMBCrypto. дальше »
2023-8-16 12:00 | |
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US Markets Slump After Fed & JPMorgan Said Recession Was Not Expected
US stock markets and cryptocurrencies have slumped since JP Morgan and the Federal Reserve dismissed the possibility of a recession. The S&P 500 lost $850 billion in market capitalization in two weeks. дальше »
2023-8-16 09:26 | |
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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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Coinbase CEO admits to broken UX, promises rapid improvements following customer feedback
Coinbase CEO Brian Armstrong said the exchange would improve the user experience on its main application over the next few weeks after conceding that it was broken in an Aug. 12 tweet. Coinbase broken UX According to Armstrong, the user experience on its application was below par, especially for non-fungible tokens, L2s, and decentralized applications. дальше »
2023-8-14 12:00 | |
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PayPal aiming for DeFi push after stablecoin launch – SVP Blockchain, crypto
PayPal intends to continue its push into the crypto industry by integrating its newly launched stablecoin PYUSD with the decentralized finance (DeFi) ecosystem. PayPal’s senior vice president of blockchain, crypto, and digital currencies, Jose Fernandez da Ponte, said during an appearance on the Unchained Podcast that the firm wants its stablecoin to be useable for […] The post PayPal aiming for DeFi push after stablecoin launch – SVP Blockchain, crypto appeared first on CryptoSlate. дальше »
2023-8-14 06:00 | |
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The SEC is exceeding its authority and encroaching on Congress’ lawmaking: Senator Lummis
U. S. Senator Cynthia Lummis filed an amicus brief on August 11 supporting Coinbase’s motion to dismiss against the U. S. Securities and Exchange Commission (SEC) lawsuit. Drawing attention to the Lummis-Gillibrand Responsible Financial Innovation Act, which aims to regulate crypto, the Senator said that there are already ongoing debates in Congress on crypto regulation. дальше »
2023-8-13 20:44 | |
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Curve Finance (CRV) to Reimburse Users; Recovers 70% of Stolen Funds
DeFi protocol Curve Finance said it would refund users who were impacted by the July 30 hack of its liquidity pools. The post Curve Finance (CRV) to Reimburse Users; Recovers 70% of Stolen Funds appeared first on BeInCrypto. дальше »
2023-8-13 20:00 | |
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US Bitcoin ETF Approval Could See North America’s ETF Volume Rise To 99.5%
North America could see its share in the global trading volume for crypto-related exchange-traded funds (ETFs) grow even further if spot Bitcoin ETFs are approved in the United States, a Bloomberg analyst said. дальше »
2023-8-13 16:50 | |
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Sam Bankman-Fried arrested as bail is revoked
Sam Bankman-Fried, the founder and former CEO of FTX, has had his bail revoked and will now be held in prison, Reuters said on Aug. 11. That report indicates that U. S. District Judge Lewis Kaplan revoked Bankman-Fried’s bail following earlier concerns about witness tampering. дальше »
2023-8-12 01:41 | |
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Gemini’s Cameron Winklevoss slams DCG for denying involvement in failed Earn program
Gemini co-founder Cameron Winklevoss criticized Digital Currency Group (DCG) on Aug. 11 as part of an ongoing dispute between the two firms. On Twitter, Winklevoss said: “[DCG’s] response [to Gemini’s lawsuit] … is filled with carefully crafted statements that are incredibly revealing … It completely ignores the reality of the situation in a comical way. дальше »
2023-8-12 00:08 | |
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PayPal’s Stablecoin Not Likely to Be Used Widely Anytime Soon: Bank of America
Investors are likely indifferent to which stablecoins they hold as long as they are perceived as safe and accessible on the largest trading platforms, the report said. дальше »
2023-8-12 14:02 | |
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Binance Labs invests $5M in Curve DAO Token following $60M July hack
Binance Labs said on Aug. 10 that it has invested $5 million in Curve DAO Token (CRV) in an attempt to bolster the DeFi platform following an attack. Yi He, Co-Founder of Binance and Head of Binance Labs, said: “Given the recent events that have impacted the protocol, Binance Labs has offered our full support […] The post Binance Labs invests $5M in Curve DAO Token following $60M July hack appeared first on CryptoSlate. дальше »
2023-8-11 05:00 | |
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SEC settles with Bittrex and its ex-CEO for $24M following ‘scrubbing’ charges
The U. S. Securities and Exchange Commission (SEC) said on Aug. 10 that it has reached a $24 million settlement with Bittrex and its former CEO, William Shihara. The SEC made numerous allegations against Bittrex in its original claim. дальше »
2023-8-11 02:00 | |
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Circle says competition from PayPal and others is ‘great to have’, reports $1B in cash
Circle’s top executive spoke favorably of competition from PayPal’s stablecoin while emphasizing his own company’s strong standing on Aug. 10. Jeremy Allaire, the CEO of Circle, said that other firms will likely begin to introduce stablecoins following PayPal’s announcement. дальше »
2023-8-11 01:35 | |
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