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PayPal’s PYUSD Launch Triggers Calls For Stablecoin Bill
United States Republican Patrick T. McHenry, Chair of the House Financial Services Committee, has released a statement calling for the need to pass the Stablecoin Bill in the wake of PayPal’s launch of its own stablecoin PYUSD. дальше »
2023-8-8 13:30 | |
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House Financial Services Committee chair renews call for stablecoin legislation after PayPal’s PYUSD announcement
Representative Patrick McHenry, (R-NC), chair of the U. S. House Financial Services Committee Chairman, endorsed PayPal’s recently-announced stablecoin on Aug. 7. McHenry said in a statement: “[PayPal’s] announcement is a clear signal that stablecoins—if issued under a clear regulatory framework—hold promise as a pillar of our 21st century payments system. дальше »
2023-8-8 04:00 | |
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Hedera’s Hashgraph association invests in WiseKey’s subsidiary
Hashgraph Association (THA), the developer of Hedera Hashgraph, invested in WISe. ART, a subsidiary of WiseKey International, a publicly-traded company. In a statement, WiseKey said that the funds will be used to accelerate the broad adoption of Hedera an advance the integration of trusted NFTs in the WISe. дальше »
2023-8-7 09:28 | |
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Bank of Russia kicks off digital ruble operations with free transactions until 2025
The Bank of Russia said transactions in the country’s Digital Ruble currency would be free till 2025, according to an Aug. 3 statement. After 2025 businesses and legal entities transacting with the Central Bank digital currency (CBDC) would be charged a small fee for their usage. дальше »
2023-8-5 19:15 | |
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Curve Finance Fights Back With Warning And Unrefusable Offer To Hacker
Curve Finance (CRV) has issued a statement on Etherscan, addressing the hackers responsible for the recent exploit that resulted in the loss of over $60 million from the protocol. In the statement, Curve, Metronome & Alchemix have invited the hackers to discuss a potential bounty, offering a 10% reward for any stolen funds, which they can keep if they return the remaining 90%. дальше »
2023-8-4 04:00 | |
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World Mobile launches Ethereum and BNB Chain bridges, strengthening multichain strategy
World Mobile (WMT), a global mobile network based on blockchain, has launched dedicated cross-chain bridges for Ethereum (ETH) and BNB Chain networks. According to an Aug. 3 statement, the newly launched cross-chain bridges align with World Mobile’s multichain strategy of exposing the crypto community to its growing ecosystem, as the bridges would allow users to […] The post World Mobile launches Ethereum and BNB Chain bridges, strengthening multichain strategy appeared first on CryptoSlate. дальше »
2023-8-3 22:30 | |
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BlockFi victims set to get reimbursed
BlockFi, the troubled crypto lender, progresses towards repaying its clients as the U.S. bankruptcy court in New Jersey conditionally approves its disclosure statement. BlockFi’s efforts to reorganize and refund its clients have taken a positive step forward with the conditional… дальше »
2023-8-3 16:29 | |
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BlockFi conditionally approved $1B recovery plan sets stage for repayment, larger recoveries
Bankrupt crypto lender BlockFi announced that it had received conditional approval for its disclosure statement from the United States Bankruptcy Court of New Jersey, according to an Aug. 2 press statement jointly issued with its Official Committee of Unsecured Creditors. дальше »
2023-8-3 15:45 | |
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HashKey becomes first Hong Kong licensed retail crypto trading service
HashKey Exchange has been licensed to offer crypto trading services to retail users in Hong Kong, making it the first exchange to offer such services in the region. According to an Aug. 3 press statement, the exchange upgraded its type 1 and 7 licenses to offer crypto trading services to retail investors. дальше »
2023-8-3 14:15 | |
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Hong Kong starts crypto trading with HashKey exchange
The Hong Kong-based crypto exchange HashKey received approval licenses, marking the start of crypto trading in the city. According to Twitter statement, HashKey users can officially trade crypto assets while the exchange can “expand its business scope from serving professional… дальше »
2023-8-3 12:55 | |
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KuCoin suspends Bitcoin, Litecoin mining amid shifting strategy and layoff rumors
According to an Aug. 2 statement, KuCoin plans to suspend its Bitcoin (BTC) and Litecoin (LTC) mining pools, effective from Aug. 15, until further notice. The exchange attributed its decision to its “evolving business strategy” and advised its mining pool users to transition their miners to alternatives before the deadline. дальше »
2023-8-3 02:00 | |
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Worldcoin WLD token jumps nearly 5% despite Kenyan government suspension
The Kenyan Government has suspended the activity of Worldcoin, the recently launched digital identity crypto project, according to an Aug. 2 statement shared by Kenya’s Ministry of the Interior on its official Facebook page. дальше »
2023-8-2 18:45 | |
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Binance reenters Japanese market with new platform, debuts BNB trading
Embattled crypto exchange Binance’s Japanese subsidiary launched a dedicated platform to onboard new customers in the Asian country, according to an Aug. 1 press statement. The exchange stated that existing Japanese users of its Binance global platform would be able to access the new platform by Aug. дальше »
2023-8-1 16:55 | |
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SEC did not ask Coinbase ‘at any point’ to delist assets, the exchange admits
Coinbase has retracted its earlier statement that the US SEC had requested it to suspend all trading except for Bitcoin. Coinbase’s CEO Brian Armstrong previously said that the U.S. Securities and Exchange Commission had requested it to suspend all trading… дальше »
2023-8-1 02:07 | |
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Coinbase CEO divulges new information on the SEC lawsuit
A recent statement made by Coinase CEO highlighted the SEC's stance. The lawsuit could have negative impacts on the emerging memecoin hype on BASE. On 6 June, the SEC charged Coinbase with vThe post Coinbase CEO divulges new information on the SEC lawsuit appeared first on AMBCrypto. дальше »
2023-8-1 01:30 | |
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Nigerian SEC doubles down on Binance warning despite its recent approval in Dubai
The Nigerian Securities and Exchange Commission (SEC) reiterated its warning that Binance’s operation within the country was illegal, according to a July 28 statement. In its new notice, the regulator specifically mentioned Binance’s official website, stating that: “The Commission again reiterates that the activities of Binance, https://www. дальше »
2023-7-31 20:00 | |
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XRP To Skyrocket To $500 Within 7 Months, Predicts Wells Fargo Treasury Manager
In a recent statement, Wells Fargo’s Treasury Management officer Shannon Thorp provided an eye-catching price prediction for XRP. The forward-thinking executive anticipates a potential surge in XRP’s value to anywhere between $100 and $500 in the short term, specifically within the next 4 to 7 months. дальше »
2023-7-31 11:00 | |
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Crypto Regulation Or Overreach? SEC’s Warning Draws Mixed Reactions
The US Securities and Exchange Commission (SEC) has issued a dire warning to accounting firms conducting audits in the crypto asset space. In a statement released on July 27, SEC Chief Accountant Paul Munter expressed concerns about the potential for misleading information to be presented to investors through non-audit work, which he argued is not […] дальше »
2023-7-29 22:00 | |
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French data protection regulator investigating recently launched Worldcoin
The French data protection regulator CNIL is looking into the recently launched Worldcoin (WLD) cryptocurrency project started by Sam Altman of OpenAI, for “questionable” practices. Regarding Worldcoin’s practice of scanning retinas to ensure that no single person can claim cryptocurrency rewards more than once, a CNIL spokesperson wrote in a written statement that “the legality […] The post French data protection regulator investigating recently launched Worldcoin appeared first on Invezz. дальше »
2023-7-29 17:02 | |
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Are Chainalysis’ Tools Scientifically Sound? Executive’s Statement Casts Doubt
An executive for on-chain analytics firm Chainalysis was the source of controversy following a recent statement. According to a court filing, the company’s Director of Investigation Solutions for government applications, Elizabeth Bisbee, provided testimony in the case against Roman Sterlingov. дальше »
2023-7-27 05:00 | |
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EOS Network Foundation preparing to sue Block.one over unfulfilled $1B investment promise
EOS Network Foundation (ENF) is preparing to sue the developer of the EOS (EOS) network Block. one for not fulfilling its promise to invest $1 billion in the blockchain, according to a July 25 statement. дальше »
2023-7-27 22:15 | |
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Binance’s European exodus continues as exchange withdraws critical license application in Germany
Binance confirmed to CryptoSlate that it had withdrawn its crypto custody license application in Germany, according to a July 26 emailed statement. In June, unconfirmed reports emerged that BaFin, Germany’s top financial regulator, intended to deny Binance’s application for a crypto custody license. дальше »
2023-7-26 18:28 | |
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Namibia and Crypto Regulation: Crypto Exchange Bill Signed into Law
Coinspeaker Namibia and Crypto Regulation: Crypto Exchange Bill Signed into Law Despite the introduction of new crypto rules, the Bank of Namibia has made no official statement on accepting cryptocurrency as legal tender. дальше »
2023-7-26 14:14 | |
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Venom blockchain hits 1M testnet wallets in two months
Venom Blockchain has reached one million wallets on its testnet within just two months of its launch, according to a July 25 statement shared with CryptoSlate. The blockchain network’s Foundation attributed the rapid adoption “to its innovative technology, rigorous regulatory compliance, and secure, user-friendly environment catering to a diverse user base. дальше »
2023-7-25 22:15 | |
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KuCoin dispels layoff rumors, CEO cites ‘normal’ personnel adjustments
Crypto exchange KuCoin denied “any alleged layoff plan,” according to a July 25 email statement to CryptoSlate. On July 25, Wu Blockchain, citing three unnamed internal employees, reported that KuCoin planned to lay off 30% of its workforce. дальше »
2023-7-25 20:30 | |
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Financial Woes: Binance France Discloses €4 Million Loss In 2022 Financial Reports
The French arm of Binance, established on November 8, 2021, disclosed its financial statement for the year 2022 on Friday. The leading auditing service firm RSM Paris audited the Binance platform and concluded that the exchange had faced a loss of €4 million in France. дальше »
2023-7-23 10:25 | |
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“Diamond Hands” Billionaire Investor: Holding Bitcoin for 6 Years and Counting
Veteran investor and billionaire, Bill Miller, known for his sharp acumen and audacious market predictions, has disclosed a substantial Bitcoin bet made six years ago. According to his recent statement, he had invested 1% of his net worth into Bitcoin when the price was around $2,000. дальше »
2023-7-22 13:29 | |
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Indonesia launches national cryptocurrency exchange amid 69% drop in transaction volume
Indonesia launched a national cryptocurrency exchange that became operational on July 17, according to a July 20 statement from the Commodity Futures Trading Supervisory Agency (Bappebti). The country also announced that its futures clearing house has been operational since July 17. дальше »
2023-7-21 15:28 | |
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ASIC cancels FTX Australia’s license amid escalating crypto regulation
According to a statement released on July 19, the Australian Securities and Investments Commission (ASIC) canceled the Australian Financial Services (AFS) license held by FTX, a subsidiary operating in Australia, on July 14. дальше »
2023-7-19 14:20 | |
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CBDCs Under Threat: This Presidential Candidate Vows To ‘Nix’ Digital Currency Plans
Florida Governor and U.S. Presidential candidate Ron DeSantis has voiced his opposition to the implementation of Central Bank Digital Currencies (CBDCs) in the United States. In a recent statement, he declared that if elected as President, he would put an end to any plans for CBDCs in the country. CBDCs To Be Axed On Day […] дальше »
2023-7-18 03:00 | |
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National Australia Bank blocks millions in crypto transactions citing scam concerns
National Australia Bank (NAB) blocked over A$270 million (around $184 million) in customer payments that raised scam concerns during the last four months, according to a July 17 statement. NAB blocking payments to ‘high-risk’ cryptocurrency exchanges NAB stated it stopped an undisclosed amount of transactions to crypto platforms where scams were prevalent between March and […] The post National Australia Bank blocks millions in crypto transactions citing scam concerns appeared first on CryptoSlate. дальше »
2023-7-18 22:15 | |
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Binance completes Bitcoin Lightning Network integration
Crypto exchange Binance has completed the integration of Bitcoin (BTC) Lightning Network (LN) for deposits and withdrawals activities, according to a July 17 statement. LN is a “layer 2” payment protocol built on Bitcoin. дальше »
2023-7-17 14:45 | |
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Binance CEO foresees DeFi outgrowing CeFi in 6 years, despite regulatory hurdles
Binance CEO Changpeng ‘CZ‘ Zhao predicted that decentralized finance (DeFi) would become more prominent than centralized finance (CeFi) within the next six years in a July 14 statement to celebrate the exchange’s sixth anniversary. дальше »
2023-7-15 23:20 | |
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Sui Network hits 1M active addresses within two months of launch
Layer-1 blockchain Sui (SUI) Network reached 1 million active addresses less than two months after its mainnet launch, according to a July 14 press statement shared with CryptoSlate. Greg Siourounis, the managing director of the Sui Foundation, stated that the blockchain network’s success showed a growing demand for the platform. дальше »
2023-7-14 18:40 | |
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Multichain halts operations following CEO’s arrest; MULTI plunges 15%
Cross-chain protocol Multichain (MULTI) is ceasing operations because CEO Zhaojun and his sister were “taken away” by the Chinese police, according to a July 14 statement on its official Twitter handle. дальше »
2023-7-14 17:32 | |
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Despite Positive XRP Ruling, SEC Claims Court ‘Rejected Ripple’s Made-Up Test’
Ripple won a lawsuit against the U. S. Securities and Exchange Commission (SEC) over XRP token security violations, leading to a surge in altcoin values. The SEC's statement on the ruling has been criticized by the crypto community. дальше »
2023-7-14 09:53 | |
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Federal Trade Commission settles with Celsius for $4.7B fine; permanently bans company from all trading activities
The Federal Trade Commission (FTC) permanently banned bankrupt lender Celsius (CEL) Network “from offering, marketing, or promoting any product or service that could be used to deposit, exchange, invest, or withdraw any assets,” according to a July 13 statement. дальше »
2023-7-14 21:20 | |
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EU’s Banking Authority Calls For Preparation Ahead Of MiCA
The European Banking Authority (EBA) has released a statement today calling for early preparation in adopting the Markets in Crypto Assets (MiCA) regulations. Back in May, the European Council approved the newly formed MiCA regulations, becoming the first comprehensive regulatory framework for trading cryptocurrencies. дальше »
2023-7-13 23:00 | |
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European Banking Authority urges stablecoin issuers to comply with upcoming MiCA regulation
The European Banking Authority (EBA) has advised stablecoin issuers to prepare for the forthcoming Markets in Crypto-Assets (MiCA) regulation, which is scheduled to be implemented next year, as noted in a statement released on July 12. дальше »
2023-7-13 17:58 | |
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Algorand’s largest DeFi protocol Algofi to shut operations
Algorand’s (ALGO) largest decentralized finance protocol, Algofi, will wind down because current events have made its continued operations non-viable, according to a July 10 statement. “A confluence of events has taken place that no longer makes building and maintaining the Algofi platform to the highest standards a viable path for our company. дальше »
2023-7-11 12:24 | |
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Kraken’s Jesse Powell under federal investigation but exchange remains uninvolved
Crypto exchange Kraken told CryptoSlate it is not part of the current federal investigations into its co-founder Jesse Powell, according to a July 7 press statement. Powell is the subject of Federal Investigations. дальше »
2023-7-7 13:45 | |
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