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Posted on April 1, 2023

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Category: Cryptocurrency

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  • Cryptocurrency
  • Page 2
  • Cryptocurrency

Coinbase, SEC on Collision Course for ‘Existential’ Clash Over Crypto Industry

Friction between crypto proponents and the regulator have been brewing under Gensler’s leadership, with both sides growing increasingly loud in their criticisms. The escalating tension exploded into public view on Wednesday when Coinbase CEO Brian Armstrong and the company’s chief legal officer Paul Grewal posted online that the firm had been told that SEC staff inten…

Mar 24
  • Cryptocurrency

Bitcoin, Ethereum and Most Cryptocurrencies Rebound Despite Regulatory Crackdown

The overall crypto market valuation rose by over three percent in the last 24 hours. Bitcoin and Ether, along with maximum other cryptocurrencies recorded gains on Friday, March 24. These even include Dogecoin and Shiba Inu among Solana, Polkadot, and Polygon.

Mar 24
  • Cryptocurrency

Terraform Founder Do Kwan Arrested in Montenegro, South Korea to Seek Extradition of Crypto Fugitive

South Korea will seek the extradition of fugitive crypto entrepreneur Do Kwon, prosecutors told AFP Friday, after the Terraform founder was arrested in Montenegro and hit with US fraud charges.

Mar 24
  • Cryptocurrency

What is the Hyperbitcoinization Theory: Explained

The hyperbitcoinization theory suggests that there could come a point in the future where fiat currencies would be deemed unsustainable, and Bitcoin would become the hardest form of money. The theory was coined by veteran Bitcoin supporter, Daniel Krawisz in 2014.

Mar 23
  • Cryptocurrency

Telegram Enables Users to Send, Receive Tether Stablecoin Within Chats: Details

Telegram users will now be able to send and receive payments in the form of Tether (USDT), within the app. Users will be able to select the USDT altcoin within their Telegram chat boxes to instantly transfer money to their peers.

Mar 23
  • Cryptocurrency

FTX Crypto Exchange Reaches Deal to Recover Over $400 Million from Hedge Fund Modulo Capital

Bankrupt crypto exchange FTX has reached a deal to recover more than $400 million in cash from hedge fund Modulo Capital, pulling back 97 percent of the money that FTX companies sent to the hedge fund in 2022, according to court documents filed on Wednesday.

Mar 23
  • Cryptocurrency

Bitcoin Hovers Around $27,000 as Most Altcoins Record Losses Amid Volatile Market: Details

The overall crypto market cap tumbled by 3.19 percent in the last 24 hours, while Bitcoin and Ether, along with maximum other cryptocurrencies, recorded small but significant losses on Thursday, March 23. Only a small number of underdog altcoins managed to reel in gains.

Mar 23
  • Cryptocurrency

US SEC Threatens to Sue Coinbase Over Crypto Products, Shares Drop 13 Percent

The US Securities and Exchange Commission (SEC) has threatened to sue Coinbase Global Inc over some of the crypto exchange’s products, turning up the heat on the largely unregulated sector.

Mar 23
  • Cryptocurrency

USDC Issuer Circle Says Executive’s Twitter Giveaway Offer Was Scam, Account Was Hacked

Stablecoin USDC’s issuer Circle said its chief strategy officer’s Twitter account was hacked on Wednesday, after the account posted a link appearing to offer holders of the stablecoin USDC a “one-time bonus” of free cryptocurrency. The Twitter account of Dante Disparte, Circle’s chief strategy officer, sent a series of tweets appearing to address the stablecoin’s rece…

Mar 22
  • Cryptocurrency

Suspicious Transactions Worth $390 Million Scanned by Law Enforcement Agencies in Last 5 Months: WazirX

WazirX received 431 requests from law enforcement agencies on transactions worth $390 million (roughly Rs. 3,222 crore) in the last five months. In its fourth transparency report, the exchange claimed that it has blocked over 2,431 accounts after they were red-flagged by its internal transaction monitoring process or by law enforcement agencies.

Mar 22

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