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Jan 24, 2023 9:30 AM (2 years ago)

Washington Townhome Tied to Disgraced FTX Co-Founder Listed for $3.28 Million Amid Controversy and Bankruptcy

A Washington, D.C., townhome tied to FTX co-founder Sam Bankman-Fried has been listed on the market for roughly $3.28 million. The property was purchased by Bankman-Fried’s brother’s nonprofit, Guarding Against Pandemics, for the same…
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Jan 24, 2023 8:30 AM (2 years ago)

Bitzlato Executives Arrested in Europe, Exchange Laundered €1 Billion, Europol Says

European law enforcement authorities have detained four more members of the executive team of crypto exchange Bitzlato, Europol announced. According to the police agency, nearly half of the funds processed through the platform were associated with…
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Jan 24, 2023 6:30 AM (2 years ago)

South African Dispute Resolution Office Says It Now Considers Crypto-Related Complaints

According to South Africa’s Office of the FAIS Ombud, an independent dispute resolution office, individuals with crypto-related grievances that occurred after Oct. 19, 2022, can now formally submit such complaints on the agency’s…
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Jan 24, 2023 5:00 AM (2 years ago)

Brazil and Argentina to Start Working on Creation of Latam Common Currency

Brazil and Argentina are looking to begin work on the issuance of a common currency. Sergio Massa, minister of the economy of Argentina, also stated that the two countries will be inviting other nations in the area to join this economic integration…
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Jan 24, 2023 3:00 AM (2 years ago)

Bridged Bitcoin on Avalanche Surpasses Value Locked on the Lightning Network

Members of the crypto community have been discussing the number of bitcoins that have been bridged over to the Avalanche network, which is now larger than the total value locked on the Lightning Network. At the time of writing, there are 5,493…
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Jan 23, 2023 11:00 PM (2 years ago)

Report: Crypto Adoption Hits New Milestones — Global Crypto Owners Reached 425 Million in 2022

Crypto adoption achieved new milestones in 2022, with the number of crypto owners reaching 425 million during the year, a new report by Crypto.com shows. Moreover, the report reveals that the number of bitcoin owners reached 219 million in December…
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Jan 23, 2023 9:00 PM (2 years ago)

Singapore Regulator Advocates ‘One Regulatory System’ for Crypto and Traditional Finance

Singapore’s senior minister and the chairman of the central bank, the Monetary Authority of Singapore (MAS), says there should be just “one regulatory system” for both crypto and traditional finance. In addition, he stressed that…
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Jan 23, 2023 5:00 PM (2 years ago)

Nigerian Banks Still Distributing Old Naira Banknotes as Demonetization Date Approaches

With just a few days left before old Nigerian naira banknotes are removed from circulation, some banks have accused the Central Bank of Nigeria of failing to distribute enough new banknotes. Despite growing pressure for it to extend the period for…
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Jan 23, 2023 4:00 PM (2 years ago)

We Must Expedite the Move From Centralized Services to Viable DeFi Alternatives

There is a reason centralized exchanges have dominated despite being antithetical to crypto’s core tenets. The following opinion editorial was written by Bitcoin.com CEO Dennis Jarvis. The gross mismanagement and outright fraud in 2022 by many…
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Jan 23, 2023 3:30 PM (2 years ago)

Space Odyssey Loyalty Program by BitSpinCasino Dishes Out up to 15% Weekly Cashback & 300 Free Spins

Get rewarded for reaching new levels in the loyalty program by playing games and earning loyalty points. Casino loyalty programs have evolved through the changing paradigm of the casino industry. Digitalization has provided the arena of…
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Jan 23, 2023 2:00 PM (2 years ago)

NYDFS Releases Guidance on Importance of Segregation and Separate Accounting for Customer Funds in Crypto Industry

On Monday, the New York Department of Financial Services (NYDFS) published guidance on custodial structures to help protect customers’ money if a crypto firm goes bankrupt. New York’s top financial regulator stressed that businesses…
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Jan 23, 2023 12:30 PM (2 years ago)

Ethereum Developers Commence Finalizing Shanghai Upgrade ‘Shadow Fork’ for Testing and Bug Identification

Ethereum developers have begun finalizing the Shanghai upgrade “shadow fork,” according to software engineer Marius van der Wijden. The “shadow fork” will serve as a testing environment for the Shanghai upgrade, allowing…
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Jan 23, 2023 11:00 AM (2 years ago)

Economist Mohamed El-Erian Predicts ‘Sticky’ Inflation Despite Federal Reserve’s Efforts to Bring it Down

As investors examine the next move of the Federal Reserve, analysts, economists and market participants are also closely monitoring inflation levels. In Dec. 2022, the annual inflation rate dropped to 6.5%, and many experts predict it will decrease…
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Jan 23, 2023 9:00 AM (2 years ago)

Ethereum Could Benefit From Stealth Addresses Implementation, Says Vitalik Buterin

Ethereum co-founder Vitalik Buterin published a research post that suggests using stealth addresses to enhance privacy-preserving transfers. Buterin detailed that stealth addresses can be implemented fairly quickly today on Ethereum and would…
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Jan 23, 2023 6:30 AM (2 years ago)

Microsoft CEO Satya Nadella Praises Metaverse ‘Sense of Presence,’ Calls It ‘Game-Changing’

Satya Nadella, CEO of Microsoft, has given his opinion about the metaverse and the impact that the tech might have in the future. In a conversation with Klaus Schwab, chairman of the World Economic Forum (WEF), Nadella stated that the sense of…
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Jan 23, 2023 3:30 AM (2 years ago)

China-backed Blockchain Project Proposes SWIFT Alternative for Stablecoins and CBDCs

The company developing China’s blockchain network wants to create a system for international settlements with stablecoins and state-issued digital currencies. The plan is to establish a platform facilitating the use of these two fiat-based…
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Jan 23, 2023 1:00 AM (2 years ago)

Bank of Spain Greenlights Euro-Backed Stablecoin Token Pilot Program

The Bank of Spain has given approval for the launch of a pilot program involving the issuance and usage of euro-pegged stablecoins. The program, which MONEI, a fintech institution, is launching, will allow users to issue digital euros with fiat…
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Jan 22, 2023 10:30 PM (2 years ago)

Philippine Authorities Rescue Alleged Victims of ‘Crypto Trafficking Ring’

Philippine authorities say that they have rescued alleged victims of a “crypto trafficking ring” who were recruited to work in a call center in Cambodia and scam people out of their cryptocurrencies. The authorities are also…
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Jan 22, 2023 8:30 PM (2 years ago)

FBI Seizes Bitcoin From Overseas Scammers Who Posed as US Law Enforcement Officials

The Federal Bureau of Investigation (FBI) says it has seized bitcoin worth millions of dollars from overseas scammers targeting the elderly. The scammers posed as members of U.S. law enforcement agencies and tricked the victims into transferring…
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Jan 22, 2023 6:30 PM (2 years ago)

US Authorities Charge Mango Markets Attacker — Defendant Arrested, Detained in Puerto Rico

The U.S. Securities and Exchange Commission (SEC), the Commodities Futures Trading Commission (CFTC), and the Department of Justice (DOJ) have charged an alleged attacker who stole $116 million from crypto trading platform Mango Markets. The…
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Jan 22, 2023 5:00 PM (2 years ago)

Axie Infinity’s Monthly Player Count Drops to Low Not Seen Since November 2020

After recording $4.26 billion in total non-fungible token (NFT) sales, the play-to-earn game Axie Infinity’s monthly player count has dropped to levels not seen since November 2020, a period of 26 months. Despite the low player count, the…
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Jan 22, 2023 3:00 PM (2 years ago)

Binance Banking Partner to Ban Crypto Trading Transfers Under $100K

Clients of one of the banks facilitating fiat operations with Binance will not be able to trade crypto through SWIFT transfers of less than $100,000. The transaction minimum, aimed at reducing exposure to digital assets, will be introduced by the…
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Jan 22, 2023 12:30 PM (2 years ago)

NFT Market Sales Climb 16% Higher; 43.48% Increase in Buyers in Third Week of 2023

Closing out the third week of January 2023, non-fungible token (NFT) assets saw a 16.39% increase in overall sales. 320,580 buyers participated in the NFT market action this past week, an increase of 43.48% compared to the week prior. $256.69…
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