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1 year, 4 months agoMt. Gox Creditors Finally Receiving Repayments After a Decade of Insolvency
After a decade of insolvency, Mt. Gox cryptocurrency exchange creditors are finally receiving payments for their claims. Recent speculation on the mtgoxinsolvency Reddit page suggests that users affected by the…
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1 year, 4 months agoPotential Ripple-SEC Settlement Hinges on Outcome of Coinbase Case
The legal battle between Ripple Labs, Inc. and the U.S. Securities and Exchange Commission (SEC) has attracted significant attention in the crypto community. Attorney John Deaton, founder of Crypto Law, recently…
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1 year, 4 months agoJudge Rejects Request to Delay Sentencing for Former FTX CEO
Judge Lewis Kaplan has rejected a request from SBF lawyers to delay the sentencing hearing for former FTX CEO, Sam Bankman-Fried. The request, made on December 20th, sought to adjourn the hearing by four to six…
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1 year, 4 months agoEl Salvador Introduces Bitcoin Citizenship Law for Foreigners
The Legislative Assembly of El Salvador has passed a migration law that allows foreigners to obtain expedited citizenship by making Bitcoin donations to government programs. The law, which emphasizes support for…
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1 year, 4 months agoRipple vs SEC Lawsuit Enters Remedies Stage: Key Dates and Potential Implications Revealed
After three years of legal battles, the Ripple vs SEC lawsuit is entering its next phase in 2024. The focus now shifts to the remedies stage, with several key dates to mark in the calendar.On February 12, 2024, the…
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1 year, 4 months agoJapan's Cabinet Proposes Tax Breaks for Unrealized Crypto Gains
Japan’s Cabinet has approved a proposal to eliminate corporate tax on unrealized cryptocurrency gains, potentially revolutionizing the crypto landscape in the country. If this proposal becomes law, it would mean t…
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1 year, 4 months agoUBS Tops Global Job-Cut Rankings in 2023
The UBS, a Swiss bank, is set to make significant job cuts and early retirements starting from January. This development has raised concerns in the financial sector as the year comes to an end. According to a…
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1 year, 4 months agoMt. Gox Creditors Finally Receive Repayments After a Decade
After a decade-long wait, creditors of the Mt. Gox Bitcoin exchange are finally receiving repayments for their locked-up funds. Recent reports suggest that Mt. Gox has started distributing Japanese Yen refunds…
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1 year, 4 months agoBlackRock's Bitcoin ETF Faces Uncertainty with Third-Party Agent, SEC Approval in Question
BlackRock, the world’s largest asset management firm, has made an amendment to its Bitcoin ETF application, appointing a third-party broker known as a ‘Prime Execution Agent’ to handle the buying and selling of Bi…
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1 year, 4 months agoMortgage Rates Plummet, Catching Borrowers Off Guard
The interest rates for mortgages have significantly decreased, but many people seem to be unaware of this change. Financial experts have noticed that it can be challenging for individuals to stay informed about the…
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1 year, 4 months agoFTX Debtors Propose Litigation in Bankruptcy Case Over Acquisition of Stock-Clearing Platform Embed
The debtors of defunct cryptocurrency exchange FTX have proposed separate litigation in the bankruptcy case over acquiring stock-clearing platform Embed. The debtors have reached a proposed settlement with former…
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1 year, 4 months agoSEC Engages with Bitcoin ETF Applicants, Potential Approval on the Horizon
The US Securities and Exchange Commission (SEC) has set a December 29 deadline for Bitcoin spot ETF applicants to submit final S-1 amendments, indicating a potential move forward in the approval process. The SEC…
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1 year, 4 months agoCrypto Community Frustrated with SEC Chair's Lack of Clear Guidelines
Dogecoin co-founder Billy Markus, also known as Shibetoshi Nakamoto, has criticized Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission (SEC), for not providing clear guidelines for the crypto…
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1 year, 4 months agoBitcoin Inventor Discovers the Devastating Consequences of Never Being Born
Satoshi, the inventor of Bitcoin, expresses his despair and wishes he had never been born due to the backlash and criticism he faces. An angel investor overhears this and proposes an intriguing idea. Suddenly, the…
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1 year, 4 months agoDeadline Approaching for Spot Bitcoin ETF Filings with SEC
The United States Securities and Exchange Commission (SEC) has set a deadline for spot Bitcoin exchange-traded fund (ETF) applicants to file final S-1 amendments by December 29. The SEC officials recently met with…
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1 year, 4 months agoLedger Vows to Compensate Victims and Strengthen Security Measures Following Cyber Attack
French cryptocurrency wallet company Ledger recently experienced a cyber attack in which its Connect Kit was compromised. The attackers injected a drainer code into the kit, allowing them to drain wallets connected…
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1 year, 4 months agoSwiss Banking Regulator Faces Criticism Over Handling of Credit Suisse Collapse
A recent article raises questions about the actions of the Swiss Financial Market Supervisory Authority (FINMA) in relation to the Credit Suisse (CS) bank. The article suggests that the Swiss government may have…
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1 year, 4 months agoSafe Collaborates with Sygnum and CoinCover to Launch Safe{RecoveryHub} for Crypto Account Recovery
Safe, Sygnum, and CoinCover have joined forces to launch Safe{RecoveryHub}, a platform that offers a range of recovery options for digital asset holders. With over 900K ETH (worth approximately $1.92 billion)…
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1 year, 4 months agoBitcoin ETF Approval Expected in 2024, Ethereum Upgrade Testing Begins, Ledger to Reimburse Crypto Victims
The penultimate week of the year brought some significant developments in the world of cryptocurrency. One of the most anticipated events is the potential approval of a Bitcoin Exchange-Traded Fund (ETF) by the…
