Luxor Starts New Business to Make Shipping of Bitcoin Mining Rigs Faster

The bitcoin mining services firm has previously shipped over $245 million worth of equipment to more than 30 countries.

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What Avalanche's latest partnership means for AVAX prices

Investment firm Republic will launch its new tokenized security on Avalanche  Failing to react to the news, AVAX’s price has declined by almost 15% in the past 24 hours. Leading open-sourThe post What Avalanche's latest partnership means for AVAX prices appeared first on AMBCrypto.

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Fintech firm Republic to launch its digital asset on Avalanche

Republic, a New York-based financial technology and investment firm backed by Morgan Stanley and Hashed, among other major investors, will launch its upcoming profit-sharing digital asset on the Avalanche blockchain.

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JPM Coin’s new feature props Solana, Cardano, and Everlodge prices

Everlodge, Solana, and Cardano are firm following the introduction of the programmable payments feature offered through JPM Coin

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Paxos to issue USD stablecoin in Singapore

Blockchain infrastructure company Paxos has received in-principle approval to issue a new stablecoin pegged to the U.S. dollar in Singapore. According to the statement, the asset is fully backed by US currency and cash equivalents. The firm has undertaken to undergo…

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Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations

Paxos, a cryptocurrency brokerage firm, has received a preliminary license from regulators to offer digital payment token services in Singapore, the company said Wednesday in a statement.

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Crypto Mining Battle Escalates in Arkansas County

Arkansas County locked in growing dispute with cryptocurrency firm Jones Digital over new mining operation

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Bitcoin Halving: Marathon Uncovers New Strategy Beforehand

Recent reports from the Bitcoin mining firm Marathon Digital Holdings have revealed the firm’s latest strategies in advance of the forthcoming Bitcoin Halving event which is expected to take place in April 2024.

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Bankrupt Bitcoin ATM Firm Coin Cloud Suffers Data Breach: 300,000 Customers’ Sensitive Info Stolen

The crypto world is facing a new security challenge as Coin Cloud, a prominent Bitcoin ATM operator, recently became the target of a significant data breach. This incident comes at a challenging time for the company, which filed for bankruptcy earlier this year amid the crypto market downturn and the fallout from the FTX collapse. […]

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Exposing A Crypto Heist: Fake Skype App Linked To Loss Of 200,000 USDT

Cybersecurity firm SlowMist reported on a new vector targeting crypto and Web3 users. This scam, which led to the theft of funds from an unsuspecting victim who downloaded the app from the internet, highlights the growing sophistication of cybercriminals targeting not just wallets and exchanges but also widely used social media apps. Related Reading: Crypto […]

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Chinese hackers use fake Skype app to target crypto users in new phishing scam

Crypto security firm SlowMist has discovered several wallet addresses linked to a phishing scam that drained hundreds of thousands of dollars from unsuspecting crypto users.

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These Could Be The Altcoins To Pay Attention To: Santiment

The on-chain analytics firm Santiment has explained why some altcoins could be worth paying closer attention to right now. These Altcoins Are Observing High Whale Activity Currently In a new post on X, Santiment has suggested traders pay close attention to the altcoins that are observing a high amount of whale activity. The metric of […]

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XRP Eyes ‘Bull Move’ as Ripple Powers New Remittance Corridors Between Africa, Gulf, UK, and Australia

San Francisco-based blockchain firm Ripple has struck a deal with African payments fintech Onafriq to open new remittance corridors between Africa and the Gulf Cooperation Council, the U.K., and Australia.

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Ripple attains new milestones in the payments industry – details

The remittance company Ripple made various announcements during its yearly conference, Swell. The crypto firm revealed its Ripple Payments product, representing a step deeper into the digital payment sector.

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HSBC taps Ripple’s Metaco to launch security token custody

HSBC has partnered with Ripple-owned tech firm Metaco to allow institutional investors to hold tokenized securities on its new custody platform.

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NFT marketplace OpenSea cuts 50% of jobs amid restructure

Opensea CEO Devin Finzer said the firm took the decision as it was creating a new foundation for OpenSea 2. 0. 95% of NFTs have no value at all, as per a recent report on the state of NFTs.

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Bitcoin and Ethereum outperform traditional assets in 2023

A new report from on-chain analytics firm Glassnode highlights the strong performance of Bitcoin and Ethereum compared to traditional markets in 2023.

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Privacy Technology Firm Nym Plans Early 2024 Rollout of 'Decentralized VPN'

The privacy-focused infrastructure project says that the new NymVPN will disperse traffic across a network of nodes rather than running data through single servers as centralized VPNs do.

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Former a16z Execs Secure License for Digital Asset Firm Bastion

Two former a16z executives secure money transmitter licenses for their new Web3 business Bastion in two US states. The post Former a16z Execs Secure License for Digital Asset Firm Bastion appeared first on BeInCrypto.

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MetaMask Adds New Feature to Boost Security, but Is It Enough?

MetaMask has partnered with Web3 security firm Blockaid to introduce a new security feature aimed at preventing theft of users' funds. The feature will be available for mobile app users in November.

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The Amber Ascent: In Conversation with Cryptocurrency Maven, Annabelle Huang

Today Brave New Coins speaks with Annabelle Huang, a Managing Partner at leading Asian Digital asset firm the Amber Group. Annabelle has been a driver of change in the male-dominated fields of finance and crypto.

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Bankman-Fried retakes the witness stand for cross-examination by prosecutors

FTX founder Sam Bankman-Fried once again took the stand in his ongoing criminal trial in New York on Oct. 30, this time to face cross-examination by prosecutors. Assistant U. S. Attorney Danielle Sassoon began by determining the extent to which Bankman-Fried was involved with FTX’s sister firm, Alameda Research.

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VanEck submits amended Bitcoin ETF application to SEC

VanEck, the New York-based asset management firm, has submitted an amended application for a spot Bitcoin ETF to the United States SEC. Taking a unique approach that sets it apart from other applicants in the spot Bitcoin ETF market, VanEck…

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VanEck believes Solana can grow 10,000% in value if it onboards 100M users

Asset management firm VanEck believes Solana could see a 10,000% growth in value by 2030 if the blockchain attracts 100 million users, according to a new research report. The most striking prediction from the report suggests that SOL could experience a 10,600% price rally by the year 2030, potentially reaching $3,211.

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Solana Labs unveils incubator for web3 startups eyeing its network

With the initiative, early-stage projects will get fundraising and other support from the Solana Labs team. Solana Labs, the technology firm behind the Solana network, has announced the launch of a new initiative called Solana Incubator to help grow “the…

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Mastercard partners with crypto payment firm MoonPay for Web3 services

MoonPay has announced a partnership with Mastercard, targeting Web3-based experiential marketing or new ways to connect with Mastercard’s consumers.

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CipherBlade Founder Accuses New Management Of Theft And Forgery In Legal Complaint

CipherBlade, a prominent blockchain forensics firm based in Pennsylvania, has recently made headlines as it filed a lawsuit in Alaska, alleging a hostile takeover by a group of its own employees. The legal action, spearheaded by CipherBlade founder Richard Sanders, unveils a gripping tale of internal subterfuge and purported theft of critical company assets.  According […]

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CipherBlade Founder Says Blockchain Sleuthing Firm 'Hijacked'

Members of the original CipherBlade entity – who no longer control its domain or social platforms – are suing the new ownership.

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Web3 Security Firm Blockaid Raises $27M to Help Tackle Industry's 'Never-Ending' Challenges

The New York and Tel Aviv-based company said it would use the funding to scale its product, customer base and team to address the industry’s security challenges.

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How blockchain security experts investigate hacks | Interview

Crypto.news talked to the co-founders of Dedaub, a blockchain security firm, discussing their experiences and new measures to protect funds.

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New York Attorney General Files Lawsuit Against Gemini, Genesis, DCG For Alleged Billion-Dollar Fraud

The New York Attorney General’s office lodged a suit against Winklevoss-owned crypto exchange Gemini, cryptocurrency lending company Genesis, and crypto investment firm DCG earlier today.   The suit also includes allegations against Soichiro Michael Moro, the former CEO of Genesis, and Barry E.

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Upland secures $7m funding aiming at AI metaverse expansion and Spark token exchange listing

The web3 Metaverse “super app,” Upland, has extended its Series A funding, successfully securing an additional $7 million. According to Upland, this latest investment round, which includes EOS Network Ventures as a new investor, brings the firm’s total funding to $25 million.

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Upland secures $7M funding aiming at AI metaverse expansion and Spark token exchange listing

The web3 Metaverse “super app,” Upland, has extended its Series A funding, successfully securing an additional $7 million. According to Upland, this latest investment round, which includes EOS Network Ventures as a new investor, brings the firm’s total funding to $25 million.

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Tether to start publishing data on USDT reserves in real-time

According to Tether’s new boss, the firm plans to bring the long-awaited update in the coming year. Stablecoin issuer Tether is set to start publishing real-time data on its reserves, a question that has been bothering the crypto community for…

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Bitdeer to buy back shares worth up to $2m

Singapore-based Bitcoin (BTC) mining company Bitdeer Technologies wants to buy back its shares for up to $2 million. The Nasdaq-listed firm’s board of directors approved a new share repurchase program effective until April 17, 2024, the statement said. The program…

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Google Cloud teams up with MultiversX amid blockchain firm’s focus on metaverse

MultiversX also announced an array of new features for xPortal, with tools to build next-gen metaverse features.

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Insomnia Labs partners with web3 firms for brand loyalty shift

Insomnia Labs has partnered with several companies to incorporate web3 elements into brand loyalty. New York-based technology firm Insomnia Labs on Oct. 18 announced a partnership with several web3 companies, including Co:Create, Smart Token Labs, Cookie3, and Crossmint, to launch…

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Fidelity Investments Submits Revised Spot Bitcoin ETF Proposal To SEC — Here’s What’s New

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Bitcoin Financial Services Firm Unchained Looks to Attract Wealthy Clients With New Advisory Service

The service will offer a network of "bitcoin-competent" financial planners to help HNWIs build distribution and utilization strategies and address potential tax and inheritance issues, Unchained said.

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Ripple job posting stirs new rumors about company’s IPO plans

A recent job posting for a Shareholders Communication Senior Manager at Ripple has led to increased speculation about the cryptocurrency firm’s plans to go public. The job Ripple (XRP)  is seeking candidates for Shareholders Communication Senior manager in its New York, Miami, and London, U.

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Binance Halts New User Registrations In The UK Starting October 16

In a significant development, Binance, the world’s largest cryptocurrency exchange, announced the suspension of access to its platform for new users in the United Kingdom.  According to a Bloomberg report, the move comes after the termination of a partnership with a third-party firm responsible for approving communications on the exchange, as mandated by the UK’s […]

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Genesis Ordered to Comply With Terra Subpoena Within 5 Days

The crypto firm failed to comply with requests made as part of a probe into the collapsed stablecoin, a New York judge said

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Binance to Stop Accepting New U.K. Users to Comply With Ad Rules

The firm will stop accepting new users starting Monday after U.K. regulator FCA last week restricted Binance's local partner from approving crypto ads.

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Terraform Labs’ New Filing Reveals Who Was Responsible For The May 2022 UST Stablecoin Depeg Catastrophe

In an intriguing disclosure, Do Kwon-co-created Terraform Labs has held trading firm Citadel Securities responsible for causing its so-called algorithmic TerraUSD (UST) stablecoin to lose its peg to the U.S. dollar in 2022.

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Stablecoin issuer Tether appoints Paolo Ardoino as new CEO

The firm behind the USDT stablecoin says its current boss Jean-Louis van der Velde will transition to an advisory role for Tether.

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Paolo Ardoino to take over as Tether CEO in December

Paolo Ardoino will take the reins as Tether’s (USDT) new Chief Executive Officer (CEO) in December, according to an Oct. 13 statement from the stablecoin issuer. Former CEO Jean-Louis van der Velde will transition into an advisory position at the stablecoin firm while retaining his CEO role at Bitfinex crypto exchange.

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Tether stablecoin firm appoints CTO Paolo Ardoino as CEO

The change in leadership at Tether reflects its commitment to actively exploring new business operations, the company said.

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FTX’s stolen crypto funds linked to Russian cybercrime networks

Blockchain analytics firm Elliptic has released new findings that suggest a Russian-linked entity may be behind the high-profile hack of cryptocurrency exchange FTX. The revelation comes as part of an ongoing investigation into the theft of a staggering $477 million…

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Voyager Digital's CEO faces two new lawsuits as CFTC, FTC take action

Voyager Digital's co-founder finds himself in double trouble with CFTC and FTC filing lawsuit against him The collapse crypto lending firm is also barred from ever handling customer funds as paThe post Voyager Digital's CEO faces two new lawsuits as CFTC, FTC take action appeared first on AMBCrypto.

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