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1 year, 10 months ago
Robinhood Holds $2.7 Billion in Ethereum-Based Tokens
Robinhood, a trading app company, has been identified as the owner of the fifth-largest Ethereum address, holding 1.5 million ETH ($2.54 billion). This address also holds $177 million of other ERC-20 tokens. Arkham…
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1 year, 10 months agoJudge Dismisses Class Action Suit Against Uniswap Labs and Backers
A U.S. District judge has dismissed a class action lawsuit against Uniswap Labs and its backers for allegedly abetting token scams. The judge concluded that current law does not provide a legal avenue for enforcing…
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1 year, 10 months agoOKX Publishes 10th Proof-of-Reserves Report, Users Call for Transparency
OKX, a leading cryptocurrency exchange, has released its tenth consecutive proof-of-reserves (PoR) report. The report shows that the exchange holds $10.4 billion in primary crypto assets such as Bitcoin (BTC),…
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1 year, 10 months agoUniswap Class Action Lawsuit Dismissed by US Court
A US court has dismissed a class action lawsuit against Uniswap, a crypto platform. The suit alleged that users lost money in scam tokens on the platform, but the judge ruled that the software provider cannot be…
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1 year, 10 months agoGrayscale Wins Significant Victory Over SEC in Bitcoin ETF Case
Grayscale, a crypto investment manager, has won a significant victory over the Securities and Exchange Commission (SEC) in the United States Court of Appeals for the District of Columbia Circuit. The court revoked…
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1 year, 10 months agoCrypto Analyst Predicts Bitcoin Could Drop 16% in September
Crypto analyst Benjamin Cowen has warned that Bitcoin (BTC) could experience a major market correction in September. Cowen, who has 762,500 followers on the social media platform X, believes that Bitcoin could drop…
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1 year, 10 months agoSEC's Regulatory Clarity in Question as Ripple Challenges XRP Appeal
Ripple’s legal team, including the Chief Legal Officer, CEO, and other experts, have voiced their skepticism about the SEC’s uniformity and regulatory clarity in the cryptocurrency space. This follows Grayscale Inv…
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1 year, 10 months agoCrypto Futures Market Sees $170 Million Liquidations in 24 Hours
The crypto futures market has seen a large amount of liquidations on Wednesday as Bitcoin has registered a sharp surge. Data shows that liquidations totaled at $170 million during the past 24 hours. This surge was…
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1 year, 10 months agoBitcoin ETF Approval Inevitable, But Fed's Hawkishness Could Bring Downside Pressure
Bloomberg Intelligence analyst Mike McGlone believes that the approval of the first Bitcoin spot ETF in the United States is “inevitable”, but the Federal Reserve could still be a bearish influence. McGlone not…
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1 year, 10 months agoCrypto Market Volatility: SEC Actions Spark Trading Frenzy Amid Delistings
The cryptocurrency market has been thrown into disarray by a series of regulatory developments, leading to considerable volatility for major cryptocurrencies, including Bitcoin and Ethereum. The recent SEC lawsuits…
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1 year, 10 months agoBinance Launches 'Send Cash' Feature to Improve Financial Inclusion in Latin America
Binance has recently unveiled a new feature for its Latin American clients, allowing users in nine Latin American nations to send crypto via Binance Pay. Beneficiaries in Argentina and Colombia can directly collect…
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1 year, 10 months agoShiba Inu Network Sees 300% Rise in 24 Hours
Shiba Inu’s Shibarium network has seen an impressive growth in the past 24 hours, with the number of addresses increasing from 100,000 to 300,000. This threefold expansion has been accompanied by a surge in t…
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1 year, 10 months agoCircle and Mercado Libre Partner to Bring USDC to Chile
Circle, the issuer of USDC, is partnering with Mercado Libre, a Latin American e-commerce platform with over 200 million users. This collaboration will allow users of Mercado Pago, the fintech service of Mercado…
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1 year, 10 months agoBinance Faces Regulatory Scrutiny, Cuts Ties with Sanctioned Banks and Launches New Program
Binance, one of the largest U.S. crypto exchanges, has been in the news a lot over the past week. The company has been facing intense scrutiny from regulators, and has had to make some changes to its business lines…
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1 year, 10 months agoCoinbase to Suspend 41 Non-USD Trading Pairs
Coinbase Exchange announced today that it will be suspending 41 non-USD trading pairs, including ALCX/USDT and BIT/USD, in order to improve overall market health and consolidate liquidity. The affected trading…
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1 year, 10 months agoSEC Delays Bitcoin ETF Applications as It Considers Next Steps
The Securities and Exchange Commission (SEC) is considering its next steps in regards to the Bitcoin Exchange Traded Fund (ETF) applications. Analysts have suggested that the SEC may delay the applications before…
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1 year, 10 months agoCircle and Mercado Pago Partner to Offer USDC Payments in Chile
Circle, a stablecoin company, has announced a new partnership with Mercado Pago, the largest fintech company in the Latin American region. This payment platform is a subsidiary of retail giant Mercado Libre, which…
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1 year, 10 months agoCathie Wood Predicts 2,100% Increase in Crypto Market Cap by 2030
Cathie Wood, CEO of ARK Invest, recently predicted that the total market capitalization of cryptocurrencies could increase by more than 2,100% in the next seven years. Wood believes that the approval of a Bitcoin…
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1 year, 10 months agoOdds of Bitcoin Spot ETF Approval Increase After SEC Loss
The US Securities and Exchange Commission (SEC) is facing increasing pressure to approve the first Bitcoin spot ETF for the US market. Bloomberg ETF analysts Eric Balchunas and James Seyffart have increased their…
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1 year, 10 months agoSEC Chair Gary Gensler Testifies Before Congress Amid Crypto Regulatory Debate
The Securities and Exchange Commission (SEC) Chairman Gary Gensler is set to testify before Congress twice in September, once before the Senate Banking Committee and later the House Financial Services Committee.…
