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TrueUSD the first USD-backed stablecoin to use Chainlink ‘Proof of Reserve’ to mint
TrueUSD will use Chainlink Proof of Reserve (PoR) in minting the TUSD stablecoin. It is the first stablecoin to use Chainlink PoR in controlling the minting process. The PoR will check the balance between the total supply of TUSD and US dollars held in reserve. дальше »
2023-2-22 16:00 | |
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Crypto winter affected small crypto investors more than whales, report shows
According to the Bank for International Settlements (BIS), the turmoil that affected the crypto market in 2022, leading to billions of dollars in losses, left no discernible mark on the broader financial system. In a February BIS Bulletin, the bank… дальше »
2023-2-21 13:11 | |
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2 Reasons Cardano’s ADA Is Unlikely To Be Labeled A Security As Industry Scrutiny Intensifies
Lately, the SEC has been focusing much of its crackdown on entities that many crypto veterans would consider honest actors after a year in which frauds destroyed tens of billions of dollars in investor funds. дальше »
2023-2-17 17:26 | |
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Fibonacci Chain received 10 Million USD investment from American SoftBank Capital
American Softbank Capital, a leading venture capital firm, recently announced that it would lead the investment of 10 million dollars in the Fibonacci Chain. American SoftBank Capital is an AmeriThe post Fibonacci Chain received 10 Million USD investment from American SoftBank Capital appeared first on AMBCrypto. дальше »
2023-2-10 13:45 | |
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Bitcoin price taps 3-week lows as SEC fears liquidate $250M of crypto longs
Panic over regulatory enforcement sees Bitcoin and altcoins give up recent gains, costing long traders over a quarter of a billion dollars in a single day. дальше »
2023-2-11 13:15 | |
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Coin Cloud Files For Bankruptcy After Battling FTX Contagion
One of the U. S. and Brazil’s biggest Bitcoin ATM operators, Coin Cloud, filed for Chapter 11 Bankruptcy on Thursday, January 8, after the firm received a severe blow from the crypto winter and the FTX implosion, which left it with millions of dollars in liabilities. дальше »
2023-2-10 19:20 | |
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Crypto Billionaires Lose Billions in Crypto Markets – Experts Predict Metacade Will Soar
Crypto billionaires are among those that have suffered the worst from the crypto crash of 2022, seeing billions of dollars wiped from the value of their investments. As markets reeled from a string of big names in crypto filing for bankruptcy, such as Luna and FTX, and global economies struggling due to a raft of […] The post Crypto Billionaires Lose Billions in Crypto Markets – Experts Predict Metacade Will Soar appeared first on CoinJournal. дальше »
2023-2-6 17:25 | |
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Another Sam Bankman-Fried-owned firm files for bankruptcy
Emergent Fidelity has filed for Chapter 11 bankruptcy following the seizure of its over half a billion dollars worth of Robinhood shares by the US government. The company is co-owned by the disgraced former FTX CEO Sam Bankman-Fried (90%) and… дальше »
2023-2-6 15:19 | |
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Key Entity In XRP Ecosystem Backed By Ripple Ceases Operations, Here’s Why
Coil, a key entity in the XRP ecosystem and a company backed by millions of dollars from Ripple has surprisingly announced that it will cease operations. The company, led by CEO Stefan Thomas, used to provide one of three Unique Node Lists (UNLs) for the XRPL, alongside Ripple and the XRP Ledger Foundation. It is […] дальше »
2023-2-4 12:40 | |
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DeFi project AllianceBlock suffers multi-million dollar hack
AllianceBlock has lost millions of dollars to hackers in a fresh attack that saw 110 million ALBT tokens stolen from Bonq, a Polygon-powered decentralized borrowing project. Bonq exploited AllianceBlock, a blockchain project that claims to be focused on bridging the… дальше »
2023-2-2 15:12 | |
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Axie Infinity’s AXS Rallies 40% on Day of Unlock
Gaming giant Axie Infinity’s AXS token price has risen sharply despite the upcoming release of tokens worth millions of dollars. In just the last 24 hours, the token has increased by almost 40%, reaching a four-month high of $13. дальше »
2023-1-24 14:35 | |
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Genesis' Crypto Lending Businesses File for Bankruptcy Protection
The collapse of FTX was the final straw for Genesis, which earlier this year suffered losses of several hundred million dollars due to its exposure to failed crypto hedge fund Three Arrows Capital. дальше »
2023-1-20 11:07 | |
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Genesis' Crypto Lending Businesses Files for Bankruptcy Protection
The collapse of FTX was the final straw for Genesis, which earlier this year suffered losses of several hundred million dollars due to its exposure to failed crypto hedge fund Three Arrows Capital. дальше »
2023-1-20 07:32 | |
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Crypto Exchange Bitzlato Founder Collared, Charged With $700 Million Financial Fraud
Federal officials announced on Wednesday that a Russian national who operated a crypto exchange that became a harbor for the proceeds of illegal activities has been arrested. U.S. authorities have collared 40-year-old China-resident Anatoly Legkodymov on claims that his Hong Kong-registered crypto trading platform, Bitzlato, processed hundreds of millions of dollars in dirty money. Tuesday night, agents of the […] дальше »
2023-1-19 11:02 | |
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Circle: USDC stablecoin is always 1:1 redeemable for US dollars
In a recent report on the state of the USDC economy, Circle devoted a section on the stablecoin “always” being 1:1 redeemable for United States dollars. The post Circle: USDC stablecoin is always 1:1 redeemable for US dollars appeared first on CryptoSlate. дальше »
2023-1-17 16:40 | |
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Former Celsius CEO sued for allegedly defrauding customers
New York attorney General Letitia James filed a lawsuit against Alex Mashinsky, the co-founder and former CEO of Celsius Network LLC James said that Mashinsky violated the Martin Act and New York’s Executive and General Business Laws by allegedly defrauding investors into depositing billions of dollars into digital asset within the cryptocurrency lending company. дальше »
2023-1-13 18:44 | |
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SEC Charges Genesis and Gemini for Offering and Selling Unregistered Securities
Coinspeaker SEC Charges Genesis and Gemini for Offering and Selling Unregistered Securities The SEC also revealed that Genesis and Gemini generated assets worth hundreds of dollars from hundreds of thousands of investors. дальше »
2023-1-13 13:07 | |
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SEC Charges Genesis And Crypto Exchange Gemini For Offering Unregistered Securities
The U. S. Securities and Exchange Commission has filed charges against crypto lender Gemini and Genesis for selling unregistered securities through Gemini’s “Earn” scheme. The SEC claims that Earn enabled Genesis and Gemini to obtain billions of dollars from hundreds of thousands of investors through these unregistered offers. дальше »
2023-1-13 08:59 | |
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HedgeUp vs BlackRock: Who Will Come Out on Top?
The investment industry is one of the world’s largest and most lucrative industries. With trillions of dollars flowing through it each year, it’s no wonder investors are constantly looking for new ways to make their coffers grow. дальше »
2023-1-11 15:42 | |
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Mutant Ape Planet Developer Arrested For Alleged $2.9 Million Rug-Pull
The developer of Mutant Ape Planet has been arrested after allegedly scamming investors out of millions of dollars. The project, which is a knockoff of the original Mutant Ape Yacht Club, made many promises that went unfulfilled. дальше »
2023-1-7 02:32 | |
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NY Attorney General Sues Former Celsius Network CEO for Defrauding Clients
Coinspeaker NY Attorney General Sues Former Celsius Network CEO for Defrauding Clients New York’s state attorney general Letitia James revealed on Twitter that she is suing the former Celsius Network head for defrauding investors out of billions of dollars. дальше »
2023-1-6 15:27 | |
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NY Attorney General Sues Celsius Co-Founder For Fraud
According to the Wall Street Journal, Celsius co-founder Alex Mashinsky was sued by New York Attorney General Letitia James. The government official filed a civil lawsuit against Mashinsky, accusing him of “defrauding investors out of billions of dollars. дальше »
2023-1-6 21:14 | |
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US DOJ Prepares to Seize $465M in Robinhood Shares Belonging to SBF, HOOD Stock Up 3.4%
Coinspeaker US DOJ Prepares to Seize $465M in Robinhood Shares Belonging to SBF, HOOD Stock Up 3. 4% The DoJ believes SBF engaged in a year-long fraud business that cost investors and customers billions of dollars. дальше »
2023-1-5 15:30 | |
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Celsius Network owns customers' $4.2 billion crypto, judge rules
Celsius Network has won the rights to 600,000 Earn customers' crypto funds The Judge has granted the platform the right to sell millions of dollars of stablecoin Celsius Network has just wonThe post Celsius Network owns customers' $4. дальше »
2023-1-5 00:43 | |
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These Cryptos Could Dump in 2023 as Millions of Tokens Unlock From Vesting Period
The unlocking of millions of dollars worth of DeFi tokens in 2023 could spark a selloff as investors continue to dump risky assets. The post These Cryptos Could Dump in 2023 as Millions of Tokens Unlock From Vesting Period appeared first on BeInCrypto. дальше »
2022-12-28 23:22 | |
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China-Based Funeral Company Shares Surge 80% Since November amid Spike in Covid Cases
Coinspeaker China-Based Funeral Company Shares Surge 80% Since November amid Spike in Covid Cases China funeral facilitator Fu Shou Yuan saw its shares recently rally to 7. 04 Hong Kong dollars after being down 40%. дальше »
2022-12-27 14:11 | |
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