Cadu
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1 year, 10 months ago
Brazilian Congressional Committee Recommends Indictment of Binance CEO and Executives for Fraud and Illegal Practices
FTX co-founder Sam Bankman-Fried reportedly considered selling equity in the company to Saudi Crown Prince Mohammed bin Salman, according to testimony from former Alameda Research CEO Caroline Ellison during…
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1 year, 10 months agoBitcoin Drops Nearly 3% to $26.7K, Testing September Lows
Bitcoin experienced a decline of nearly 3% to $26.7K, reaching its lowest level since late September. Despite attempting to break through the $28,000 resistance over the weekend, the cryptocurrency was unable to…
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1 year, 10 months agoBitstamp to Discontinue Services in Canada, Hopes to Return in the Future
Bitstamp, a cryptocurrency exchange, has announced that it will be discontinuing its services to customers in Canada starting from January 8, 2024. The decision was initially communicated to Canadian customers in…
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1 year, 10 months agoFormer Alameda Research CEO Testifies Against Sam Bankman-Fried in Criminal Trial, Alleges Auto-Deletion of Messages and Bribery of Foreign Officials
Ex-Alameda Research CEO, Caroline Ellison, testified in the criminal trial of Sam Bankman-Fried, revealing that they communicated through the messaging app Signal, which has an auto-delete feature. Ellison also…
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1 year, 10 months agoIsraeli Crypto Firms Navigate War Challenges, Launch Crypto Aid Campaign
Israeli crypto firms are dealing with the aftermath of a surprise attack by Hamas fighters. While many of these firms are not experiencing severe disruptions to their business operations, some employees are being…
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1 year, 10 months agoFederal Reserve Remains Committed to 2% Inflation Target Despite Predicted Slowdown in GDP Growth
The Federal Open Market Committee (FOMC) has reaffirmed its commitment to higher interest rates, signaling the possibility of another rate increase in the near future. Despite a complex economic environment…
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1 year, 10 months agoFormer Alameda Research CEO Reveals FTX's $100 Million Bribery Scheme with Chinese Government
Former Alameda Research CEO Caroline Ellison testified in court, providing more details about the financial crimes she and her ex-boyfriend, Sam Bankman-Fried, committed at FTX. Ellison revealed that FTX bribed the…
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1 year, 10 months agoHata Receives Approval to Launch as Malaysia's Fifth Regulated Digital Asset Exchange
Malaysia-based Hata has received in-principle approval from Securities Commission Malaysia (SC) to register as a Recognized Market Operator (RMO) as a digital asset exchange and digital broker. This approval allows…
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1 year, 10 months agoBinance Introduces Copy Trading Feature for Crypto Futures, Allowing Users to Replicate Top Traders' Strategies
Binance, a popular cryptocurrency exchange, has introduced a new feature called “copy trading” that allows users to replicate the trading strategies of successful crypto futures traders. This feature enables “co…
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1 year, 10 months agoUnderstanding the Changing Landscape of Ethereum's Supply
Large holders of Ethereum have been reducing their holdings, leading to a decrease in ETH held by whales and big investors. This trend has raised questions about the reasons behind this shift and its implications…
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1 year, 10 months agoJPMorgan Launches Tokenized Collateral Network for Instant Securities Settlement
JPMorgan has launched its tokenization platform, the Tokenized Collateral Network (TCN), on its Onyx blockchain. The platform aims to streamline securities settlement between major institutions by tokenizing assets…
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1 year, 10 months agoFTX Trading Arm Alameda Research Allegedly Paid Bribe to Chinese Government to Unfreeze $1 Billion: Court Transcripts
Caroline Ellison, a close confidant of former FTX CEO Sam Bankman-Fried, has revealed in court transcripts that FTX’s trading arm, Alameda Research, paid a bribe to the Chinese government to unfreeze $1 billion. E…
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1 year, 10 months agoFTX Founder Faces Accusations of Deception and Theft in High-Stakes Trial
The trial of Sam Bankman-Fried, the former CEO of crypto exchange FTX, is currently underway. The United States Department of Justice (DOJ) and the defense have presented their arguments. The DOJ accuses…
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1 year, 10 months agoRipple's CFO Departs Amid Ongoing Lawsuit with SEC, Settlement Talks Imminent
San Francisco-based blockchain startup Ripple is facing challenges in its ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC). Last week, a U.S. judge rejected the SEC’s appeal for an i…
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1 year, 10 months agoiFinex Announces $150 Million Share Buyback Plan to Regain Control and Address Regulatory Scrutiny
iFinex, the parent company of BitFinex and collaborator with Tether Holdings, has announced a $150 million share buyback plan. This move is seen as a significant step towards the company’s growth and efforts to a…
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1 year, 10 months agoBitcoin Price Manipulation Scandal Unveiled in Trial of FTX Founder
In a shocking turn of events, revelations have emerged during the trial of Sam Bankman-Fried, founder of FTX, regarding an alleged conspiracy to manipulate Bitcoin prices. Bankman-Fried’s ex-girlfriend and former h…
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1 year, 10 months agoCoinMarketCap Introduces AI Chatbot Plugin for Crypto Enthusiasts
Crypto data aggregator CoinMarketCap, owned by Binance, has introduced a new plugin for its AI chatbot ChatGPT. This plugin allows users to ask the large-language model (LLM) a range of crypto-related questions. By…
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1 year, 10 months agoAttorney Challenges Jim Cramer's Bitcoin Prediction with Successful Investment
Attorney John E Deaton, who is representing Ripple (XRP) investors in a lawsuit against the US Securities and Exchange Commission (SEC), has invested in Bitcoin (BTC) after hearing TV host Jim Cramer’s negative s…
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1 year, 10 months agoTornado Cash Emerges Strong After US Sanctions and Arrests, Handling $77.35 Million in Crypto Assets
Blockchain analysis firm Arkham Intelligence has reported that crypto mixing platform Tornado Cash has bounced back after facing sanctions from the US government and the arrest of its key figures. According to…
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1 year, 10 months agoFormer Alameda Research CEO Claims FTX Considered Investment from Saudi Crown Prince
Former Alameda Research CEO Caroline Ellison testified in court that Sam “SBF” Bankman-Fried, the CEO of FTX, considered raising equity for the crypto exchange by seeking an investment from Saudi Crown Prince Moh…
