Tag: Altcoin News

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Fairspin’s TFS Token Allows Casino Players to Earn Rakeback on Winning and Losing Bets and Earn 23% on Daily Staking

The iGaming industry is witnessing increased growth, with numerous gamblers migrating to online services for better convenience and enhanced benefits.  Online gambling setups always were slated to revolutionize the gambling industry, with technological advancements overshadowing brick-and-mortar casinos.  The development of blockchain and cryptocurrency use cases and their eventual infusion into the growing iGaming scene only…
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FTX Seeks to Recover $700 Million from Sam Bankman Fried’s Affiliated Funds

Now-defunct cryptocurrency exchange FTX has sued a former aide for Hilary Clinton and the former aide’s investment firm, K5 Global, to retrieve $700 million in funds.  On Thursday, the company filed a complaint in Wilmington, Delaware, bankruptcy court, asking back the $700 million its founder Sam Bankman-Fried transferred to K5 entities in 2022. … Read More: FTX Seeks to Recover $700 Million from…
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Beware of Fake Regulatory Claims by Crypto Firms, Warns Canadian Securities Administrators

Canada’s crypto sector has seen a rise in the number of companies that falsely claim to be authorized to offer their services in the country, according to the Canadian Securities Administrators (CSA).  The authorities stated that several firms claimed to be affiliated with fictitious regulatory or dispute resolution organizations. The false claims aim to make…
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Binance Opens Regulated Crypto Platform in Kazakhstan Amid Regulatory Challenges in the West

Binance has launched a regulated cryptocurrency exchange in Kazakhstan amid growing regulatory troubles in the West. In a Wednesday blog post, the world’s largest crypto exchange said it is launching the new platform after it secured a permanent license from Kazakhstan’s AIFC Financial Services Authority (AFSA) last year. … Read More: Binance Opens Regulated Crypto Platform in Kazakhstan Amid Regulatory Challenges in…
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Today in Crypto: Atomic Wallet Publishes Post-Attack ‘Full Event Statement’, Binance Brazil Director May be Summoned by Parliament, Ripple Gets In-principle Approval for Singapore Digital Payment License

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Atomic Wallet Publishes Post-Attack ‘Full Event Statement’, Binance Brazil Director May be Summoned by Parliament, Ripple Gets In-principle Approval for Singapore Digital Payment License  Read more »Sign up…
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Venezuela’s Cryptocurrency Mining Ban Damages Industry Maduro Once Supported

Venezuela’s ban on cryptocurrency mining has severely damaged the industry that President Nicolás Maduro once supported.  Back in March, the state regulators ordered a halt on mining cryptocurrencies after an investigation into a corruption scheme in which crypto wallets redirected payments owed to the state-run oil company Petróleos de Venezuela. … Read More: Venezuela’s Cryptocurrency Mining Ban Damages Industry Maduro…
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Billionaire Mike Novogratz’s Galaxy Digital Welcomes Former Genesis Exec as Sales Head

Leon Marshall, a former executive at Genesis, has joined Mike Novogratz’s Galaxy Digital as global head of sales.  Per his LinkedIn, this crypto trading veteran held the same role at Genesis from January 2019 until June 2023.  Genesis was a unit of the Digital Currency Group (DCG) that, along with Genesis Global Holdco and two…
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Binance Labs and CoinFund Lead $10 Million Funding Round for Cosmos Blockchain Neutron

Binance Labs and CoinFund have co-led a $10 million funding round for Neutron, a cross-chain smart contract platform focused on interchain security within the Cosmos ecosystem. Binance Labs, the investment arm of leading cryptocurrency exchange Binance, took the lead in the funding round, Binance said in a Wednesday blog post.  Cryptonative investment firm CoinFund co-led the funding. Delphi Ventures, LongHash, and Nomad also participated in the round. ……
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Monetary Authority of Singapore Proposes Protocol for Digital Money, Includes CBDCs and Stablecoins

Singapore’s central bank has proposed a whitepaper on purpose-bound money (PBM), a protocol that will define benchmarks for the use of digital money including central bank digital currencies (CBDCs) and stablecoins. … Read More: Monetary Authority of Singapore Proposes Protocol for Digital Money, Includes CBDCs and Stablecoins  Read more »Sign up for e-EUR – the progressive…
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Today in Crypto: Citadel & Fidelity-Backed EDX Launches Trading, Core Scientific Files Chapter 11 Bankruptcy Plan, Canadian Securities Administrators Warns About Fraudulent Crypto Companies

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Citadel & Fidelity-Backed EDX Launches Trading, Core Scientific Files Chapter 11 Bankruptcy Plan, Canadian Securities Administrators Warns About Fraudulent Crypto Companies  Read more »Sign up for e-EUR –…
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