FTX liquidators’ legal team urges cooperation with Bahamian authorities amid favoritism allegations.

According to lawyers representing FTX's provisional liquidators, allegations that Bahamian officials were giving residents preferential treatment were “wholly without merit”. origin »

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Polygon Profitability Tanks As MATIC Nosedives 5.6%.

MATIC has had a rollercoaster of a year. Its price has fluctuated between cycle peaks and cycle lows year-to-date but has seen some good recoveries as well. However, as the week draws to a close, MATIC dove off its $0. origin »

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Solana-Based Raydium Exchange Victim of 7-Figure Exploit.

Currently, about $2 million of different cryptocurrencies are sitting in the attacker’s account. origin »

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Origin Launches Yield Earnings for OUSD Stablecoin Holders.

Coinspeaker Origin Launches Yield Earnings for OUSD Stablecoin Holders The interesting thing about the OUSD V2 offering is that the tokens are not locked up and the earnings are not subjected to any form of fees. origin »

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Crypto Exchange Gemini Back Online After Being Down for Over Seven Hours.

The crypto exchange had paused withdrawals for its yield product recently. origin »

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Struggle Between the Future and the Past: How Crypto Helps Ukraine in Its Fight for Freedom.

Many charitable initiatives are operating worldwide, and they face the same problem – the restrictions imposed by the traditional banking system slow down the funds’ flow to Ukraine. The critical point is that Ukrainians have no time to wait until all bureaucratic procedures are completed since it’s impossible to ask the war to slow down, […] Сообщение Struggle Between the Future and the Past: How Crypto Helps Ukraine in Its Fight for Freedom появились сначала на Coinstelegram. origin »

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Double-Digit Losses Brings Doge Below Critical Level, More Pain To Follow?.

Dogecoin (DOGE) has seen some of the worst declines in the last week. The meme coin is already down double-digits during this time and is also recording losses on the daily charts. While this is not out of the ordinary given the current crypto market trend, the digital asset has been pulled below important critical levels, which would imply more declines. origin »

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ADA Price Sheds 5% In The Last 7 Days Even As Trade Volume Soars.

Cardano has been on the downside since ADA reached an all-time-high of $3. 10 back in September 2021. As of writing, the 9th top crypto has dropped 5% in the last seven days. In comparison, major cryptocurrencies like Ethereum lost over 4. origin »

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Only for foreign trade: Bank of Russia stands against free crypto investment.

The Russian government doesn’t want to enable Bitcoin for regular Russian people, but rather exclusively for foreign trade entities. origin »

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End Of Litecoin Rally? LTC Plunges 7% In Last 24 Hours.

Litecoin has observed a plunge of more than 7% in the last 24 hours, suggesting that the coin’s bullish momentum may have come to an end. Litecoin Drops Hard TodayS But Is Up 20% In The Last Month While the rest of the crypto market was struggling, LTC enjoyed some sharp bullish momentum in the third leg of November, leading some to believe the “pre-halving rally” had begun for the crypto. origin »

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No more proof-of-reserve checks? Auditors quietly drop crypto projects from portfolios.

The firms work with prominent crypto exchanges such as Binance, KuCoin, Crypto.com, Gate.io, OKX and FTX.

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Michael Novogratz: “You should not constantly wait for a trick from crypto firms due to the collapse of FTX”.

Michael Novogratz, CEO of Galaxy Digital investment firm, urged the cryptocurrency community not to wait for the obligatory “black swan” when investing in crypto firms. “Black Swan” is a term describing an event that had an extremely negative impact on the shares of a company, or on the entire market at once. origin »

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Binance Proof-of-Reserves Auditor Mazars Pauses All Work for Crypto Clients.

Mazars said it had concerns about how the reports were being interpreted by the public. origin »

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Bitcoin Plummets Below $17,000 After Audit Firm Mazars Pauses Work For Binance.

The Bitcoin price has once again fallen below the $17,000 mark after it became known that the auditing firm Mazars will pause its work with Binance. Already in the last few days, rumors and FUD about Binance intensified. origin »

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Bitcoin And The Cardinal Virtues: How The Rabbit Hole Instills Virtuous Behavior.

Bitcoin’s mission and incentives point its community toward classically virtuous behavior. origin »

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PayPal Teams Up With MetaMask To Enable Ethereum Purchases In The US.

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Chiliz’s Latest Series of Fan Tokens Are Listed on MEXC for the Secondary Market Expansion.

Socios. com, Chiliz’s fan token creator, and several football clubs launched the latest fan tokens. These tokens collectively had their initial launch on the cryptocurrency trading platform MEXC to expand their scale in the secondary market. origin »

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Blocknative Completes $15 Million Series A-1 Funding for Block Building on Ethereum.

Coinspeaker Blocknative Completes $15 Million Series A-1 Funding for Block Building on Ethereum When Blocknative completed the other part of the Series A investment in 2021, the CEO revealed plans to expand the team. origin »

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EU Rules for Distributed Ledger Financial Trading Finalized Ahead of March Pilot.

Requirements to test people's knowledge of distributed technology could deter the average retail investor, some worry. origin »

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Charges laid over alleged ‘crypto mining’ Ponzis that netted $8.4M.

Various creators and promotors of two allegedly fraudulent crypto companies are facing a litany of charges that could land them 20 years in jail. origin »

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Web3 community shares tips for a successful GameFi project.

From creating e-sports competitions with huge prize pools to making game tokens more relevant to holders, members of the community share their thoughts on GameFi. origin »

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Solana: This Minor Hiccup Didn’t Discourage Investors From Acquiring SOL – Until Today.

On the day following the implementation by the US Federal Reserve of the 50-basis point hike, Solana (SOL) saw accumulation rather than a sell-off, despite the altcoin’s 4% decline. Prices for Bitcoin and Ethereum and other cryptocurrencies fell on December 14 as reports surfaced that the central bank raised its interest rates. origin »

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The Hackathon on DeSoc and SBT from the Web3Souls Community Has Ended.

Coinspeaker The Hackathon on DeSoc and SBT from the Web3Souls Community Has Ended Our partners at Web3Souls are building the Web3 community of enthusiasts and recently hosted a hackathon in the metaverse dedicated to developing DeSoc and SBT projects. origin »

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Gearing Up for the Next Big Leap, The HyperNation Announced in the Year-end Global Virtual Gala.

Coinspeaker Gearing Up for the Next Big Leap, The HyperNation Announced in the Year-end Global Virtual Gala This festive season has just gotten merrier with The HyperNation revealing more exciting development in the December grand event, ‘Whimsical Gaming Kingdom’. origin »

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BNB insurance for Binance listing? CZ addresses delisted project's claims.

While the delisting didn't concern many due to its inactivity, others questioned the focus on price for delisting as it may prompt projects to artificially pump the price. origin »

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Bitcoin dips under $17K as ‘craziest rumors’ over Binance sink BTC price.

Bitcoin traders stay wary over Binance “FUD” triggering overly bearish BTC price action.

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Build on Bitcoin, 'a better platform for Web3,' says Lightning contest founder.

A tournament to find and support new Bitcoin companies could be a way of attracting developers from Web3 ecosystems to crossover to Bitcoin. origin »

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FTX Bankruptcy Case: LedgerX and 3 Other Subsidies to Be Tentatively Sold Off.

FTX Trading and its affiliated debtors are looking to put LedgerX and its European and Japanese digital asset subsidiaries up for auction. The post FTX Bankruptcy Case: LedgerX and 3 Other Subsidies to Be Tentatively Sold Off appeared first on BeInCrypto. origin »

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5 key takeaways from Huobi 2022 crypto industry report.

Huobi’s most recent industry report dissects the most discussed crypto-related terms, countries with high levels of activity in the industry, regulations and more. origin »

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Bitcoin Few Weeks Away From Its First Weekly Chart 'Death Cross'.

Bitcoin has never seen a death cross on its weekly chart before and the ominous-sounding indicator has a bad reputation of trapping sellers on the wrong side in traditional markets. origin »

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Amber Group raises $300M to recover from FTX contagion.

The new funding from Fenbushi aims to help Amber address some of the “significant drawdowns” as an aftermath of the FTX default.

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Tickmill FAQ Review: Account types, Deposits, And Withdrawals Explained.

Intro – What is Tickmill? Most founders, executives, or team leaders will tell you that caring about clients is the most crucial thing every business should focus on. In this article, we’ll have a quick look at Tickmill: a multi-regulated and multi-asset broker that does care about its clients. origin »

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Silvergate faces class-action lawsuit over FTX and Alameda dealings.

The suit is looking to hold Silvergate accountable for its alleged roles in transferring FTX user deposits to Alameda bank accounts. origin »

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CryptoQuant verifies Binance's reserves, reports no ‘FTX-like’ behavior.

Binance has faced a FUD-storm this week but a new CryptoQuant audit has verified its proof of reserves.

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The Binance Black Box: Assessing Reserves And Liabilities.

Binance's bitcoin balance sees its largest one-day outflow ever and the price legitimacy for the exchange-native BNB token is called into question. origin »

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Hong Kong Stock Exchange’s First Bitcoin Futures ETF Receives $53 Million Initial Investment.

The futures ETF will be the first of its kind available in Asia according to the asset manager, CSOP. origin »

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Governments Could Still Hamper Money And Energy, Even On A Bitcoin Standard.

Even after Bitcoin inevitably becomes the world reserve currency and bitcoin mining solves our energy problems, governments will intervene. origin »

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Crypto Trading Firm Wintermute Given Seat on Key FTX Creditor Committee.

The crypto firms and individual investors will play a key role in representing the issues of the million or so potentially owed money by Sam Bankman-Fried’s company origin »

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Bitcoin is optimism.

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The Stage Is Now Set: Bitcoin Will Replace Fiat.

Bitcoin represents an unprecedented paradigm shift, and while the world may not be ready to replace fiat, that change is inevitable. origin »

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Binance proof-of-reserves removed from the auditor's site.

Mazars Group, known for its proof-of-reserve audit services for crypto companies, reportedly removed the audits from its site.

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Japan set to ease 30% crypto tax on paper profits for token issuers.

As it stands, Japanese crypto issuers are required to pay a set 30% corporate tax rate on their holdings, even if they haven’t realized a profit through a sale. origin »

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New House Financial Services Committee chair wants to delay crypto tax changes.

U.S. Republican Representative Patrick McHenry called for clarification on a “poorly” written digital asset tax provision in a letter to the Treasury. origin »

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