Source: Instagram, Binance Major crypto exchange Binance is being investigated by the US Commodity Futures Trading Commission (CFTC) over concerns that it allowed Americans to place wagers that violated US rules, Bloomberg reported, citing undisclosed people familiar with the matter. (Updated at 14:28 UTC: updates throughout the entire text. Updated at 15:30 UTC with the…
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The demand for video cards and ready-made bitcoin (BTC) and altcoin crypto mining centers is rising astronomically in Russia as more people in the nation flock to the fast-expanding sector. Per a report from the media outlet Gazeta, data from the Russian e-commerce platform Avito revealed that last month demand for GPUs rose by 2.6…
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Bitcoin price corrected lower from well above USD 57,000. BTC broke the USD 56,000 level and it even spiked below the USD 55,000 support. It is currently (12:30 PM UTC) recovering and is consolidating above the USD 55,000 support. Conversely, most major altcoins extended their decline. ETH corrected further below USD 1,775, but the bulls…
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Ripple’s regulatory woes have deepened again after the US Securities and Exchange Commission (SEC) petitioned the judge in the company’s legal battle to dismiss arguments in the company’s defense. The SEC claimed that Ripple has attempted to “divert the court’s attention” with invalid fair notice defense claims. The company is fighting an increasingly Read more…
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Ripple, an American blockchain company focusing on payments technologies, and major video platform YouTube have reached an agreement to end the court battle. In a Twitter thread, the company CEO Brad Garlinghouse has announced that Ripple and YouTube have "now come to a resolution to work together to prevent, detect and take down these scams."…
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The South Korean commercial banking giant Shinhan and LG CNS, the IT services arm of the electronics conglomerate LG, have unveiled their joint pilot platform for central bank digital currencies (CBDC). The two firms announced they would be partnering on the platform late last year, and the companies appear keen to pool Shinhan’s banking and…
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XRP moved higher after US-based blockchain company Ripple announced that its partnership with the American money transfer firm MoneyGram has ended for now. At the time of writing (05:24 UTC), XRP, ranked 7th by market capitalization, trades at USD 0.483 and is up by almost 4% in a day and 8% in a week. XRP…
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While the crypto prices have remained on similar levels over the past week, the market sentiment remained largely unchanged. After it had dropped out of the positive zone last week, the average 7-day moving crypto market sentiment score (sentscore) for ten major coins moved from 5.77 recorded a week ago to 5.72 today, according to…
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PAID, the native token of PAID Network, a DeFi-focused protocol, crashed by almost 80% in less than an hour on major exploit news. Per multiple comments on Twitter, the exploit is worth around USD 100m. "Paid Network $PAID got exploited. Someone just printed 51M $PAID," ICO Analytics said. "Looks like casual rug pull. PAID deployer…
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Mike Novogratz. Michael Novogratz, the CEO of the crypto financial services firm Galaxy Digital, has dismissed dogecoin (DOGE) as a “joke” – and has hit out at the outspoken Shark Tank and new DeFi star, Dallas Mavericks supremo Mark Cuban for his association with the token. Yesterday, Cuban announced that he would allow Mavericks fans to pay for their…
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