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1 year, 7 months ago
BlackRock's Entry into Bitcoin Could Fundamentally Change the Top Crypto Asset, Warns BitMEX Co-Founder
BitMEX co-founder Arthur Hayes has expressed concerns about the potential impact of asset management giant BlackRock entering the Bitcoin space. While Hayes acknowledges the positive effect a spot Bitcoin…
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1 year, 7 months agoSBF Seeks to Introduce Anthropic Investment in Court Case as Prosecutors Oppose
SBF, a prominent company, is seeking to introduce an investment in Anthropic to a court case. However, prosecutors are attempting to block this move. The lawyers for SBF are looking to use this investment as…
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1 year, 7 months agoNorth American Securities Regulators Support SEC in Lawsuit Against Coinbase, Argue Digital Assets Should Not Receive Special Treatment
The North American Securities Administrators Association (NASAA) has argued that digital assets should not be treated as special and should be subject to securities laws, supporting the United States Securities and…
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1 year, 7 months agoImmutable Partners with Amazon Web Services to Expand Options for Game Developers
Web3 gaming platform Immutable has partnered with Amazon Web Services (AWS) to expand options for game developers. Immutable has been added to AWS’s ISV Accelerate Program, which provides software solutions that r…
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1 year, 7 months agoParliamentary Committee Urges UK Government to Protect Artists from NFT Copyright Infringement and Ban Sporting Groups' Digital Assets
A bipartisan parliamentary committee in the UK has called on the government to protect creators from copyright infringement related to nonfungible tokens (NFTs) and address potential risks associated with sporting…
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1 year, 7 months agoShiba Inu's Shibarium Reveals Future Plans for Scalability and Security
Shiba Inu’s lead developer, Shytoshi Kusama, has revealed some future plans for Shibarium, the Ethereum-based layer-2 scaling solution. The focus is on enhancing scalability, security, and overall functionality. T…
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1 year, 7 months agoLow User Retention Plagues Ethereum as Complexity and Competition Take Toll
Only 7% of users who initially engage with Ethereum continue to use the platform after a year, according to recent data from Token Terminal. This suggests that the majority of users, approximately 93%, stop using…
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1 year, 7 months agoBitfinex Parent Company Proposes $150 Million Share Buyback Amidst Regulatory Scrutiny
Hong Kong-based iFinex Inc., the parent company of cryptocurrency exchange Bitfinex, has proposed a $150 million share buyback in an effort to consolidate its private operations amidst increasing regulatory…
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1 year, 7 months agoBrazilian Congressional Committee Recommends Indictment of Binance CEO and Executives in Financial Pyramid Scheme Probe
A Brazilian congressional committee has recommended the indictment of Binance CEO Changpeng Zhao and three other executives following an investigation into financial pyramid schemes in Brazil. The committee’s 5…
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1 year, 7 months agoNorth American Securities Regulators Support SEC in Lawsuit Against Coinbase
The North American Securities Administrators Association (NASAA) has filed a brief in support of the Securities and Exchange Commission (SEC) in its lawsuit against cryptocurrency exchange Coinbase. NASAA, a…
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1 year, 7 months agoFTX Founder Faces Serious Allegations in Trial as Ex-Girlfriend Testifies
The trial of Sam Bankman-Fried, the founder of FTX, has entered its second week, with key witnesses testifying against him in court. Caroline Ellison, Bankman-Fried’s ex-girlfriend and former head of Alameda R…
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1 year, 7 months agoAlameda Research CEO Reveals Fraudulent Activities in SBF Trial: Key Insights Uncovered
Alameda Research CEO Caroline Ellison’s testimony in the SBF trial has revealed shocking details about fraud and mismanagement within the company. Ellison admitted to committing fraud under the direction of Sam B…
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1 year, 7 months agoFormer Alameda Research CEO Testifies to $14 Billion Crypto Fraud Scheme Led by Ex-Boyfriend
Former Alameda Research CEO Caroline Ellison testified in court, admitting to committing fraud alongside her ex-boyfriend, Sam Bankman-Fried. Ellison claimed that at Bankman-Fried’s direction, Alameda used over $…
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1 year, 7 months agoFTX Founder Seeks Clarity on Lawyers' Role in $200 Million Sham
Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, is seeking to shed light on the involvement of lawyers in a legal battle involving his hedge fund arm, Alameda Research. Bankman-Fried’s attorneys a…
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1 year, 7 months agoBitcoin and Ethereum Integration: Unlocking Real-World Use Cases and Bridging the Gap
Bitcoin’s potential for real-world use cases and increased adoption and utility lies in its connection to the Ethereum Virtual Machine (EVM), according to Willem Schroé, the founder of cross-chain infrastructure fi…
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1 year, 7 months agoBitcoin Development Group Proposes BitVM to Enhance Bitcoin's Functionality
Robert Linus, project lead at Bitcoin development group ZeroSync, has proposed a new system called BitVM that would allow developers to perform complex computations on the Bitcoin network. Unlike other proposals,…
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1 year, 7 months agoBinance CEO and Executives Face Possible Indictments in Brazil for Fraud and Securities Violations
A Brazilian congressional committee has recommended the indictment of Binance CEO Changpeng Zhao and three other executives for fraud and securities violations. The decision to press charges now rests with the…
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1 year, 7 months agoIsraeli Law Enforcement and Binance Collaborate to Freeze Crypto Funds Linked to Hamas
Israeli law enforcement, in collaboration with Binance, the world’s largest cryptocurrency exchange, has launched an operation to freeze crypto addresses associated with the terrorist group Hamas. The operation w…
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1 year, 7 months agoBitcoin Whale Moves $80 Million Worth of BTC After Years of Inactivity
A Bitcoin whale, who had been holding onto their coins since 2017, has suddenly moved 3,000 BTC worth over $80 million. This mysterious entity had been accumulating Bitcoin since 2016, acquiring 3301 BTC in May of…
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1 year, 7 months agoTrader Joe's Files Lawsuit Against DeFi Platform for IP Infringement
The popular U.S. grocery store chain, Trader Joe’s, has filed a lawsuit against a cryptocurrency-based DeFi platform called Trader Joe. The grocery chain alleges that the platform named itself after the s…
