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1 year, 8 months ago
Assessing Counterparty Risk and Compliance in Crypto Staking: A Guide to Due Diligence
In the world of cryptocurrency staking, assessing counterparty risk and compliance is crucial. To ensure a successful staking venture, it is important to conduct thorough due diligence. When evaluating potential…
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1 year, 8 months agoCalifornia Governor Approves Stricter Regulations for Cryptocurrency Businesses
California Governor Gavin Newsom has approved a cryptocurrency bill that will impose stricter regulations on businesses involved in crypto operations. The bill, known as the ‘Digital Financial Assets Law,’ will req…
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1 year, 8 months agoUS Government's Budget Deficit Soars to $1.7 Trillion, IMF Urges Fiscal Reforms
The US government’s spending exceeded its revenues by over a trillion dollars in the last fiscal year, according to the Congressional Budget Office (CBO) report. The budget deficit for the 2023 fiscal year r…
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1 year, 8 months agoBinance.US Introduces Transparency in Listing Process, Considers Adding Support for Sui Network Token
Binance.US, the US arm of cryptocurrency exchange Binance, is introducing a new procedure to provide traders with advance notice when considering adding support for a new token. This move aims to enhance…
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1 year, 8 months agoTaylor Swift Fans Can Now Buy Movie Tickets with Cryptocurrency
BitPay, a crypto payment gateway, has partnered with AMC to allow crypto owners to purchase tickets to the Taylor Swift Eras Tour Movie using cryptocurrencies such as Bitcoin, Dogecoin, and Shiba Inu. This move…
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1 year, 8 months agoFTX Estate Stakes Over $122 Million in Solana's Native Token SOL
FTX estate, a prominent player in the cryptocurrency market, has shown bullishness towards Solana’s native token, SOL. On October 13, FTX staked over 5.5 million SOL coins, worth $122 million, through Figment, a s…
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1 year, 8 months agoControversy Surrounds Ethereum's Alleged Favoritism by SEC in Government Corruption Scandal
Ripple’s Chief Technology Officer (CTO), David Schwartz, has responded strongly to comments made by Charles Hoskinson regarding Ethereum’s alleged preferential treatment by the SEC. Schwartz argued that gov…
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1 year, 8 months agoCoinbase Urges Court to Compel SEC Action on Crypto Rulemaking Petition
Coinbase, a leading cryptocurrency exchange, has submitted a formal response to the United States Securities and Exchange Commission (SEC) regarding its rulemaking petition. The company is urging the SEC to provide…
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1 year, 8 months agoFerrari Embraces Crypto Payments in Response to Market Demand
Luxury sports car manufacturer Ferrari has announced that it will now accept cryptocurrency payments for its vehicles in the U.S., with plans to expand the service to Europe. This move comes in response to demand…
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1 year, 8 months agoBloomberg Analysts Predict 90% Chance of Spot Bitcoin ETF Approval by SEC in 2022
Bloomberg ETF analysts James Seyffart and Eric Balchunas predict that the US Securities and Exchange Commission (SEC) could approve a Spot Bitcoin ETF as early as next year. They estimate a 90% chance of approval…
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1 year, 8 months agoFerrari Embraces Cryptocurrency: Luxury Car Maker to Accept Crypto Payments in the US and Europe
Ferrari, the renowned luxury car manufacturer, has announced its decision to accept cryptocurrency payments for its high-end vehicles in the United States. This move comes in response to increasing customer demand…
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1 year, 8 months agoFerrari Embraces Cryptocurrency: Luxury Car Maker to Accept Crypto Payments in the US and Europe
Ferrari, the renowned luxury car manufacturer, has announced its decision to accept cryptocurrency payments for its high-end vehicles in the United States. This move comes in response to increasing customer demand…
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1 year, 8 months agoSEC Will Not Appeal Court's Decision on Grayscale Bitcoin Trust Conversion to ETF
The United States Securities and Exchange Commission (SEC) has reportedly decided not to appeal a recent court decision regarding a case between the SEC and Grayscale Investments. The court had granted…
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1 year, 8 months agoFerrari to Accept Cryptocurrency Payments for Luxury Cars in the US and Europe
Ferrari, the renowned luxury car brand, has announced its decision to accept cryptocurrency payments for its sports cars in the United States and plans to expand this payment option to Europe. The move comes in…
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1 year, 8 months agoElon Musk and Bill Ackman Collaborate on Integrating Dogecoin into X Platform
Elon Musk, the CEO of Twitter (now known as X), is rumored to be collaborating with Bill Ackman, the CEO of Pershing Square Capital Management, to integrate cryptocurrencies like Bitcoin and Dogecoin into the…
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1 year, 8 months agoSEC Will Not Appeal Court Decision Favoring Grayscale Investments' Bitcoin ETF Application
The United States Securities and Exchange Commission (SEC) has reportedly decided not to appeal a recent court ruling in favor of Grayscale Investments. The ruling requires the SEC to review Grayscale’s a…
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1 year, 8 months agoCoinbase Urges Court to Compel SEC's Response on Crypto Rulemaking Petition
Coinbase, a leading cryptocurrency exchange, is intensifying its efforts to compel the United States Securities and Exchange Commission (SEC) to take action on its crypto rulemaking petition. The company is seeking…
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1 year, 8 months agoWells Fargo Settles Lawsuit Over Frozen Account, Agrees to Pay $204,000
Wells Fargo is facing a lawsuit after a customer claimed that the bank froze $204,000 in his account without explanation. Although the bank denies any wrongdoing, it has agreed to hand over a $204,000 check to the…
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1 year, 8 months agoFormer Investment Firm CEO Admits to Fraudulent Cherry-Picking Scheme, Causing Losses for Investors
Former CEO of investment firm Systematic Alpha Management LLC (SAM), Peter Kambolin, has admitted to participating in a fraudulent scheme known as “cherry-picking.” This practice involved allocating profitable and…
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1 year, 8 months agoBlockFi CEO Testifies on Lending Relationship with Alameda Research in FTX Trial
BlockFi CEO Zac Prince testified in the criminal trial of former FTX CEO Sam Bankman-Fried, providing details about BlockFi’s lending relationship with Alameda Research. Prince revealed that Alameda began to d…
