US Government releases statement on Binance, while CZ bids goodbye

Binance gets a new CEO - Richard Teng with CZ vacating the post active immediately Binance will have to completely exit from US markets in a deal with FinCEN, but Binance.US unaffected The UThe post US Government releases statement on Binance, while CZ bids goodbye appeared first on AMBCrypto. дальше »

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Blast Layer-2 network launch draws both interest and criticism over potential yield model

Blur (BLUR) NFT marketplace founder Pacman has launched a new Ethereum (ETH) layer-2 network, Blast, designed to enable its users to earn “native yields. ” In a Nov. 20 statement, the protocol explained how its novel approach differentiates it from other layer-2 networks. дальше »

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Kraken vows to ‘vigorously defend’ SEC lawsuit amid Congressional support

Crypto exchange Kraken would “vigorously defend” itself against the lawsuit brought by the U. S. Securities and Exchange Commission (SEC), according to a Nov. 20 statement. Similarly, CEO David Ripley and co-founder Jesse Powell strongly disputed the regulator’s claim, asserting that the exchange does not list securities. дальше »

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Interim OpenAI CEO Emmett Shear announces investigation as staff revolts against board

Emmett Shear, OpenAI’s new CEO, wants to investigate the happenings at the company that culminated in the removal of former CEO Sam Altman. In a Nov. 20 statement on social media platform X, Shear outlined a 30-day plan comprising three key objectives: restructuring the management and leadership team, investigating the reasons behind departures, and engaging […] The post Interim OpenAI CEO Emmett Shear announces investigation as staff revolts against board appeared first on CryptoSlate. дальше »

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Japan’s Osaka Digital Exchange to kick off security token trading with Ichigo’s real estate assets

Osaka Digital Exchange (ODX) revealed that its Proprietary Trading System (PTS) “START” for security tokens will begin operations by Dec. 25, according to a Nov. 20 statement. A security token is essentially a digital form of traditional securities. дальше »

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Crypto exchange dYdX increases margins after $9m loss

Decentralized cryptocurrency exchange dYdX has introduced new measures to reduce trading risks after burning $9 million of its insurance fund on Nov. 17 to cover users’ losses. According to the statement, the crypto exchange has increased margin requirements in several “less… дальше »

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OpenAI Board Mulls Sam Altman’s Return As Worldcoin (WLD) Recovers From Price Slump

According to multiple reports, the board of OpenAI, the company behind ChatGPT, has been in talks with ousted CEO Sam Altman about a return to the company. This development comes following the heavy criticism of the wider tech community on the board’s decision to abruptly fire the Worldcoin founder. In a shocking statement on Friday, […] дальше »

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ChatGPT Creator OpenAI Kicks Out CEO Sam Altman – Any Bearing On The Crypto Sector?

In a stunning turn of events, OpenAI, the visionary force behind the groundbreaking ChatGPT launched just a year ago, dropped a bombshell on Friday. The company announced the abrupt dismissal of CEO Sam Altman, a central figure in the AI revolution, sending shockwaves through the tech world. дальше »

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Crypto Con Artists Busted: Trio Arrested In $10 Million Bank Fraud Scheme

Three individuals find themselves at the center of a complex crypto scam, accused of defrauding New York banks of more than $10 million. In a statement released by US Attorney Damian Williams on Thursday, the trio – Zhong Shi Gao, Naifeng Xu, and Fei Jiang – is alleged to have exploited the financial system between […] дальше »

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FBI Arrests Trio Accused of Bilking Banks Out of $10M, Converting Funds to Crypto

Three men duped New York-area banks into shelling out more than $10 million and tried to make off with the money by converting it to crypto, U.S. Attorney Damian Williams said Thursday in a statement. дальше »

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What did we learn from BlackRock’s Ethereum SEC S-1 filing today?

BlackRock, the world’s largest asset manager, has filed its S-1 registration statement and prospectus with the Securities and Exchange Commission (SEC) for the anticipated Ethereum exchange-traded fund (ETF). дальше »

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Court Denies Do Kwon’s Appeal, Upholds 4-Month Jail Sentence

Per a report from crypto news outlet CoinDesk, the founder of the failed ecosystem Terra (LUNC, formerly known as LUNA), Do Kwon, was denied an appeal on its 4-month sentence. The Montenegro High Court issued a statement upholding its decision over the charges brought up for falsifying an identity document by Kwon. Related Reading: SEC […] дальше »

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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… дальше »

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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. дальше »

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NYDFS Rolls Out Stricter Guidelines for Cryptocurrency Listings, De-listings

The New York State Department of Financial Services (NYDFS) has said it strengthened its guidelines for listing or de-listing cryptocurrencies in a move to beef up protections for crypto investors throughout the state, NYDFS Superintendent Adrienne A. Harris said Wednesday in a statement. дальше »

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Solana Bulls Eying Super Bullish Breakout To $100 SOL Price As Cathie Wood Sings Its Praises

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Commerzbank becomes first major German bank to obtain cryptocurrency custody license

Commerzbank has secured a cryptocurrency custody license, marking the first instance of a German full-service bank obtaining such approval from national regulators, according to a Nov. 15 statement. дальше »

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Binance Japan to list 13 tokens new tokens in one of the world’s strictest crypto markets

Binance’s Japanese division announced plans to list 13 new tokens for spot trading and crypto-earning services starting Nov. 27, according to a Nov. 15 statement shared with CryptoSlate. This move increases the exchange’s token offerings from 34 to 47, making it the largest platform with the most extensive token selection in Japan. дальше »

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Poloniex restores services after $100M hack, users await info on reimbursement plan

Poloniex said it has resumed deposit and withdrawal services after a recent breach of its hot wallets, according to a Nov. 15 statement. On Nov. 10, a malicious actor compromised one of the exchange’s hot wallets, moving more than $100 million worth of digital assets, including Ethereum (ETH). дальше »

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Germany's Commerzbank Wins Crypto Custody License

It's the first German full-service bank to be granted the custody license, according to a statement. дальше »

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OKX joins forces with Komainu, CoinShares to boost security for segregated institutional crypto trading

OKX, the prominent crypto exchange firm, has teamed up with Komainu and CoinShares to enable continuous trading of segregated assets held for institutional clients, according to a Nov. 15 statement shared with CryptoSlate. дальше »

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Cardano: Midnight Devnet Goes Live – Trigger For New ADA Rally?

The Midnight team, a subsidiary of Input Output Global (IOG) – the brains behind the Cardano blockchain, made a major announcement yesterday on X (formerly known as Twitter. The statement read: “Here’s the news you’ve all been waiting for – the Midnight Network devnet is now LIVE. дальше »

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Taiwanese crypto exchange and VASP member Bitgin under investigation for money laundering

The exchange confirmed its chief operating officer’s brief relationship with an alleged money laundering group in a statement on Nov. 13. дальше »

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International Deal to Combat Crypto Tax Evasion to Start 2027 as 48 Countries Sign Up

Several countries with a sizeable interest in crypto, such as Turkey, India, China, Russia and all African nations, are not signatories to the statement. дальше »

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IRS Obtains Court Order for Kraken User Data Amid Concerns Over Tax Reporting Rules

Kraken, a leading cryptocurrency exchange, has begun informing its user base via email that it would be obliged to share certain customer information with the Internal Revenue Service (IRS).  The disclosure was made through an official statement on Thursday, October 26, following the IRS’s issuance of a summons in May 2021, in which they requested […] дальше »

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SEC files opposition to Binance motion to dismiss

Former Chief SEC Office of Internet Enforcement John Reed Stark shares SEC opposition with screenshot citing Binance’s Chief Compliance Officer’s statement that Binance was operating as an unlicensed securities exchange in the United States. дальше »

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Dubai’s VARA sets licensing deadline for crypto firms

The Virtual Assets Regulatory Authority (VARA) in Dubai has asked local cryptocurrency companies to register or obtain a license no later than Nov. 17. According to the statement, if companies do not apply for a license, companies may be prohibited… дальше »

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‘Premier’ crypto cop CFTC reveals record-setting digital asset enforcement in 2023

The statement released by the CFTC shows that about 50% of the cases brought to its attention in 2023 involved crypto.

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Kraken’s ambiguous response fuels speculation of layer-2 network development

Kraken said it is “always looking to identify and solve for new industry challenges and opportunities,” in a Nov. 7 email sent to CryptoSlate. The exchange made this statement in response to recent speculations about its potential development of a layer-2 network. дальше »

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XRP Is Now The New Favorite Crypto Of Americans – Details

Ripple’s Chief Legal Officer Stuart Alderoty had once highlighted XRP’s unique positioning in the US following Ripple’s notable victories against the US Securities and Exchange Commission (SEC). His statement has more backing now as Americans seem to have taken more interest in the crypto token since then. дальше »

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Bank of England, Financial Conduct Authority seek public input on stablecoin regulation

The UK’s Financial Conduct Authority (FCA) has joined forces with the Bank of England (BOE) to gather public input on their forthcoming regulatory framework for stablecoins. In a joint statement released on Nov. дальше »

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FTX is ready to sell Grayscale and Bitwise trust assets

Bankrupt crypto exchange FTX filed in Delaware bankruptcy court to sell certain trust assets worth about $744 million owned by Grayscale and Bitwise. According to a joint statement from FTX and its debtors, this initiative will help prepare for payments… дальше »

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US seizes $54M worth of Ethereum linked to illegal narcotics business

The U. S. Department of Justice announced the seizure of 30,000 Ether (ETH), valued at $54 million, that had been linked to illegal narcotics distribution in New Jersey, according to a Nov. 2 statement. дальше »

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Prisoners’ Dreams to Stash $54M in Crypto in Exotic Locales Dashed as Feds Grab It for Treasury

Federal law enforcement has seized $54 million worth of cryptocurrencies from the leader of a notorious New Jersey drug ring, U.S. Attorney Philip R. Sellinger said Thursday in a statement. дальше »

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Marathon Digital to power Bitcoin mining operations with methane gas from landfills

Bitcoin (BTC) miner Marathon Digital wants to mine the top digital asset powered with landfill methane gas, according to a Nov. 2 statement. The mining operation revealed that it has partnered with Nodal Power, an expert renewable energy asset manager, who will provide methane gas that will be used to power a 280 kW Bitcoin […] The post Marathon Digital to power Bitcoin mining operations with methane gas from landfills appeared first on CryptoSlate. дальше »

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Here’s Why Bitcoin Is ‘Exponential Gold’: Fidelity Director Of Global Macro

In a recent statement via X (formerly known as Twitter), Jurrien Timmer, the Director of Global Macro at Fidelity, expounded on Bitcoin’s latest market movements and reiterated his view of the digital asset as “exponential gold. дальше »

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Coinbase to offer regulated crypto futures to US customers amid ongoing regulatory battle

Coinbase retail U. S. traders will be able to trade crypto futures, including Bitcoin (BTC) and Ethereum (ETH), through its Coinbase Financial Markets subsidiary, according to a Nov. 1 statement from the firm. дальше »

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Tax Evasion Puts Oyster Protocol’s Founder In Jail For 4 Years

The court has sentenced Amir Bruno Elmaani, the founder of the defunct crypto firm Oyster Protocol, to four years in prison for evading taxes. According to the US Attorney’s Office’s October 31 statement, 31-year-old Elmaani, alias Bruno Block, received the sentence after pleading guilty on April 6. дальше »

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Fed Seen Holding Rates Steady, but Policy Statement and Press Conference Will Be Key for Bitcoin

The U.S. central bank concludes its two-day policy meeting on Wednesday afternoon. дальше »

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TikTok, Snapchat, OnlyFans and others to combat AI-generated child abuse content

Major social platforms, AI companies, governments and NGOs issued a joint statement pledging to combat AI-generated abusive content, such as explicit images of children. дальше »

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Bitcoin Price Poised For Another Surge Like Last Week: Here’s Why

In a recent statement via X (formerly Twitter), Alex Thorn, head of firm wide research at digital asset firm Galaxy, highlighted the potential for another Bitcoin gamma squeeze similar to the one witnessed last week. дальше »

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Blockstream Publishes Phishing Investigation Results

Here's who is to blame for leak of Jade Wallet data: Official statement by Blockstream дальше »

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SEC Commissioner Hester Peirce Slams Regulator’s Approach on LRBY Case

Hester Peirce of the United States Securities and Exchange Commission has issued a dissenting remark on the regulator’s approach to the crypto sector. In a statement on October 27, the crypto-friendly commissioner lambasted the SEC’s enforcement actions against the LRBY blockchain company. дальше »

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9 protocols criticize LayerZero’s 'wstETH' token, claiming it's 'proprietary'

Connext, Chainsafe, Sygma, LiFi, Socket, Hashi, Across, Celer, and Router issued a joint statement criticizing the new token.

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9 protocols criticize LayerZero’s wstETH token, claiming it’s ‘proprietary’

Connext, Chainsafe, Sygma, LiFi, Socket, Hashi, Across, Celer and Router issued a joint statement criticizing the new token.

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Lido DAO raise concerns over LayerZero unapproved wstETH bridge on Avalanche, BN, Scroll

Lido DAO has distanced itself from LayerZero’s rollout of a wstETH bridge on Avalanche (AVAX), BNB, and Scroll. In an Oct. 26 statement, the staking protocol said the bridge was “not canonical and has not been audited or endorsed by the Lido DAO. дальше »

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Shiba Inu Marketing Lead Clarifies Why Shibarium Doesn’t Burn SHIB

The Shiba Inu community was buzzing recently, seeking clarity on the burning process of SHIB tokens on Shibarium, the project’s layer-2 (L2) blockchain network. Addressing these concerns, Shiba Inu’s marketing lead, Lucie, broke down the mechanics of the process in a detailed statement on X (formerly Twitter) that shed light on the complexities involved. SHIB […] дальше »

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XRP Price: Crypto Analyst Sounds Urgent Warning, Here’s Why

A crypto analyst has warned crypto investors against trading XRP, stating that investors have missed the opportunity to make gains from the cryptocurrency. Analyst Advocates Against XRP Trading A prominent X (formerly Twitter) crypto analyst, IncomeSharks released a post on Tuesday, advising crypto investors to avoid trading XRP. The statement came as a surprise to […] дальше »

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UK FCA takes action against rule-breaking crypto firms

The FCA issued a statement on Oct. 25, warning crypto firms that they still need to comply with the new rules on financial promotions for crypto assets. The FCA said it has identified 221 breaches of the rules by crypto… дальше »

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‘No evidence’ Hamas is raising crypto donations by the millions: Elliptic

Elliptic’s statement was framed as a rebuttal to recent articles and letters circulating among the media and U.S. lawmakers this month. дальше »

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