Ledger lays off 12% of staff, citing ‘macroeconomic headwinds’

The wallet manufacturer reportedly had around 734 employees at the time of publication, suggesting roughly 88 people may have lost their jobs. дальше »

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Norwegian Gambling Authority steps up oversight of online casinos

Norway’s online casino market faces increased scrutiny Lotteritilsynet oversees banks to enforce a ban on transactions with illegal online casinos in Norway. EGBA urges Norway to adopt a licensing model for online gambling, citing the need for diversity and player safety. дальше »

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Yield Protocol winds up operations, cites deteriorated demand & regulatory woes

Fixed-rate lending platform Yield Protocol has confirmed the decision to end its operations by December 2023, citing faded demand and stiffer regulations. That comes as the decentralized finance (DeFi) sector faces challenges following an extended winter. дальше »

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Jump Trading Lost Almost $300M in FTX’s Collapse, Michael Lewis Says in ‘Going Infinite’

This makes the trading giant one of FTX’s top creditors, Lewis wrote, citing documents from the crypto exchange’s former chief operating officer, Constance Wang. дальше »

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Chia Network cuts staff, citing banking crises and industry skepticism

The San Francisco-headquartered firm fired 26 employees in an effort to go public despite banking challenges. дальше »

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Bitcoin Traders Eye $28K; Solana, Cardano and Tellor Lead Altcoin Bump

Traders at Japanese exchange Bitbank said in a daily note that they expect bitcoin prices to move towards the $28,000 level, citing ETF optimism. дальше »

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Crypto Exchange Kraken to Explore Stock Trading: Bloomberg

The service could launch as soon as 2024, Bloomberg reported, citing a person familiar with the matter. дальше »

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Coinbase CEO criticizes Chase UK for banning crypto payments

JPMorgan’s subsidiary Chase UK unveiled significant adjustments to its cryptocurrency payments policy, citing fraud worries. The new rules prohibit crypto payments, and will start operating from October 16, 2023. дальше »

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Binance Exits Russian Market, Sells Subsidiary to CommEX

After various ups and downs in the Russian market, the world's largest exchange, Binance finally exited Russia, citing that market is not compatible with compliance. The post Binance Exits Russian Market, Sells Subsidiary to CommEX appeared first on BeInCrypto. дальше »

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Chase UK blocks crypto payments for customers, citing fraud and scam rise

Chase U.K. will block all crypto payments over fraud and scam allegations. дальше »

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Chase U.K. to Block Crypto Payments Citing Fraud, Scams

Starting Oct. 16, the bank will decline customer attempts to make payments related to crypto assets. дальше »

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Altcoins In Turmoil: Top Analyst Predicts Challenges Ahead

Altcoins may be in for a tough year. Crypto analyst Benjamin Cowen has raised concerns about the performance of altcoins for the remainder of 2023, citing historical patterns as a basis for his predictions. дальше »

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Optimism Foundation Sells $157M OP Tokens, Citing 'Treasury Management'

The foundation behind layer 2 blockchain Optimism has sold 116 million OP tokens ($157 million) to seven separate purchasers, according to an announcement on the Optimism governance website. дальше »

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AI Coming to World of Atoms in Powerful New Ways, According to Analyst

AI analyst David Mattin predicts that AI will significantly impact disease prevention, citing Google DeepMind's AlphaMissense as a tool that could help identify disease-causing genetic mutations. дальше »

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New Report Suggests Ethereum Is Trading Well Below Its Market Value, Citing A Valuation Of $275 Billion

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Crypto Influencer Promoting JPEX Exchange Arrested In Hong Kong

Former lawyer and crypto influencer Joseph Lam has been apprehended by the Hong Kong Police for allegedly associating with troubled cryptocurrency exchange JPEX. A local media outlet reported, citing sources familiar with the case, that the police arrested Lam on Monday, September 18. дальше »

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R3 downsizing, lays off 20% of staff citing economic challenges

R3, a New York-based blockchain enterprise, slashes its workforce by over 20% in a strategic move to conserve resources дальше »

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Digital Currency Group subsidiary Luno to pause certain UK services, citing forthcoming regulations

Luna, a subsidiary of Digital Currency Group (DCG), will soon pause certain services in the U. K. , according to a report on Sept. 11. That report indicates that the company will halt some crypto trading features by Oct. дальше »

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Sam Bankman-Fried’s lawyers request pre-trial release citing poor internet connection

Former FTX CEO Sam Bankman-Fried’s bail was revoked on Aug. 11 after he was found to be trying to contact witnesses in the case and malign witness credibility. дальше »

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NFT startup Glass suspends development year after $5m funding

A video platform startup, Glass Protocol, has suspended its development, citing a lack of “sustainable demand for video NFTs.” Glass Protocol, a video platform allowing creators to monetize their videos with non-fungible tokens (NFTs), won’t get any new updates as… дальше »

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Exchange Coinbase to end its operations in India amid regulatory challenges

In another turn of events in the cryptocurrency world, exchange Coinbase plans to suspend its trading offerings in India from 25 September. The firm emailed its Indian users about the development, citing regulatory challenges. дальше »

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SEC urges court to grant Ripple Labs appeal citing ‘knotty legal problems’

The SEC highlighted contradictory conclusions from similar cases and other pending decisions as some of the contentious legal issues. дальше »

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Sam Bankman-Fried appeal against bail revocation ‘meritless’: Prosecutors

The New York South District court revoked former FTX CEO Sam Bankman-Fried’s bail on Aug. 11 after an appeal from the prosecution in July citing multiple instances of violation of bail conditions. дальше »

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Australia’s Proposed Crypto Bill Rejected by Legislators

The Australian Senate Economic Legislation Committee has rejected a crypto bill proposed by Senator Andrew Bragg, citing the need for further refinement and consultation with industry stakeholders. дальше »

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JP Morgan believes SEC will be forced to approve ETFs after losing case against Grayscale

JP Morgan analysts led by Nikolaos Panigirtzoglou believe the SEC will be forced to approve the spot Bitcoin exchange-traded fund (ETF) applications submitted by multiple firms after losing its court case against Grayscale Investments, The Block reported, citing a research note. дальше »

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From Beta to Boom: Borroe’s 25% Surge Leaves Monero (XMR) & Stellar (XLM) Behind!

Investors appear to be losing confidence in Monero (XMR), citing possibilities of privacy and decentralization attacks. Elsewhere, Stellar (XLM) is expected to rise in the long term after the launch of the Soroban smart contract platform. дальше »

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Binance reportedly loses APAC region head amid regulatory issues

One of Binance’s top executives is reportedly exiting the company following several senior executive departures in recent months.   Binance Asia-Pacific (APAC) chief Leon Foong is resigning from the firm, Bloomberg reported on Aug. дальше »

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US court dismisses class action lawsuit against Uniswap

A US District Court dismissed a class action lawsuit against Uniswap, citing insufficient factual evidence and regulatory ambiguities дальше »

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Stronghold requests permission to burn tires for crypto mining in Pennsylvania

The company requests the use of tire-derived fuel, citing the United States Environmental Protection Agency’s approval to use the energy source at other industrial facilities in the state. дальше »

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DOJ moves to disqualify expert witnesses in Bankman-Fried trial

The U.S. Department of Justice has filed motions to disqualify all seven expert witnesses put forward by former FTX CEO Sam Bankman-Fried for his forthcoming October trial, citing various inadequacies in their qualifications and methodologies. дальше »

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Binance P2P Removes Support for the Most Used Bank in Venezuela

Binance has removed support for Banco de Venezuela, the country's most used bank, from its peer-to-peer (P2P) platform, citing compliance with local and international regulatory standards. The post Binance P2P Removes Support for the Most Used Bank in Venezuela appeared first on BeInCrypto. дальше »

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CoinDesk retracts two articles citing ‘standard’ issues

CoinDesk, a famous cryptocurrency outlet, has retracted two opinion articles citing “standard” issues while the company’s policy says otherwise. According to a tweet by Cryptadamist, an eminent anonymous crypto influencer, CoinDesk removed an article about Justin Sun, comparing the founder… дальше »

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Indian Crypto Exchange CoinSwitch Cuts Support Team, Citing Market Doldrums

The crypto investment platform laid off 44 people, or nearly 7% of its employees, about three weeks ago. дальше »

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Solana-based Clockwork to shutter, citing ‘limited commercial upside’

Clockwork’s planned closure comes about a year after receiving $4 million in a seed round led by Multicoin Capital.

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Sam Bankman-Fried’s lawyers appeal decision on bail, citing First Amendment issues

Lawyers questioned a judge’s decision to revoke bail on Aug. 11, claiming SBF speaking to a journalist about Caroline Ellison was “protected First Amendment activity.” дальше »

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Binance says it ‘continues to serve’ Belgian users via Poland entity

In June, Belgium’s financial regulator ordered Binance to stop offering crypto exchange and custody wallet services, citing violations of the country’s AML and CFT requirements. дальше »

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Solana-Based Clockwork Calls Time Citing Opportunity Cost

Solana-based automation project Clockwork is shutting down due to limited commercial potential, despite raising $4 million from investors. The team will cease development but leave the code open-sourced on GitHub. дальше »

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BitBoy Brand Owners Dump Ben Armstrong For "Substance Abuse" And More

BJ Investment Holdings, which owns the BitBoy Crypto Brand, has announced that it has removed Ben Armstrong from the company and the brand, citing substance abuse issues as the reason. дальше »

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Dropbox drops unlimited storage plans, citing abuse by crypto miners

Cloud storage provider Dropbox has announced a it would discontinue its “unlimited” storage policy offered under its Dropbox Advanced plan and will replace it with a metered model to better manage the unexpectedly high usage patterns. дальше »

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JPMorgan Shares Prediction On Bitcoin’s Next Move: What You Need To Know

In the latest research report, financial giant JPMorgan Chase & Co. has recently shared its belief in Bitcoin and the crypto market. Bloomberg reported, citing data from the financial services firm, that the current downtrend phase in the crypto market might just be nearing its conclusion. дальше »

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Germany Proposes to Scrutinize AI Investments From China, Citing Risk to Economic Security

Germany's deputy chancellor, Robert Habeck, has proposed restrictions on Chinese investments in AI and semiconductor sectors over concerns about economic security. The post Germany Proposes to Scrutinize AI Investments From China, Citing Risk to Economic Security appeared first on BeInCrypto. дальше »

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Thailand looks to ban Facebook next week over crypto ad scams

Thailand’s Ministry of Digital Economy and Society (DES) is taking steps to shut down Facebook in the country, citing harmful investment scams causing economic and public security concerns. Court petition filed. дальше »

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Thailand Threatens to Ban Facebook Over Crypto Scams and Dodgy Ads

Thailand's Digital Economy and Society Ministry plans to request a court order to shut down Facebook in the country, citing the platform's failure to prevent cryptocurrency scams and fraudulent ads. дальше »

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How Recur’s Shutdown Underscores the Challenges of the NFT Market

Recur, an NFT startup hosting brands like Hello Kitty, announces shutdown despite $50 million raise, citing challenges in the business landscape. The post How Recur’s Shutdown Underscores the Challenges of the NFT Market appeared first on NFT News Today. дальше »

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Gemini files brief in lawsuit against SEC, requests to keep it simple

In a recent court filing, Gemini continued to press for dismissal in its lawsuit against the SEC, citing unclear allegations and shifting arguments. дальше »

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Binance Troubles Escalate: Checkout.com Cuts Ties Citing AML Concerns

According to a recent report by Forbes, Checkout. com, the London-based credit card processing company, has terminated its contract with the largest crypto exchange in the world, Binance, citing concerns over money laundering and compliance issues. дальше »

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SEC Poised To Approve Ether Futures ETFs By October In Bullish Crypto Milestone

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Tether discontinues Bitcoin stablecoin, citing lack of usage

The Tether (USDT) stablecoin will no longer be issued on the Bitcoin Omni Layer, while redemptions will still be open for at least a year. дальше »

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Coinbase to suspend trading for USDT, DAI, and RAI for Canadian customers

Coinbase is discontinuing its support for Tether (USDT), DAI, and RAI for its Canadian users, effective August 31. The news was first reported by Cointelegraph, citing a customer email it had reviewed dated Aug. дальше »

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Tether Stops Support for Bitcoin Layer Omni Citing Lack of Demand

Stablecoin issuer Tether has announced that it will discontinue support for Omni, a Bitcoin layer that has been used for USDT transfers since 2014. дальше »

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