The federal agency received eight responses to a request for comment on a document mandated by U.S. President Joe Biden’s March 9 executive order on digital assets. Among the numerous reports and other written material mandated in United States President Joe Biden’s March 9 executive order “Ensuring Responsible Development of Digital Assets” is a framework…
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Having served his five-year prison sentence in France, Russian IT and crypto specialist Alexander Vinnik is now facing a return to Greece and possible extradition to the United States. A French cassation court has recently dismissed an appeal filed by his defense against the transfer. US Extradition Continues to Haunt BTC-e’s Alexander Vinnik The alleged…
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Singapore-based crypto lender Vauld may get acquired by major crypto lender Nexo (NEXO). The news was announced by Vauld CEO Darshan Bathija today, stating that the exchange has signed “an indicative term sheet” with Nexo to buy “up to 100% of Vauld.” The CEO added that, “The completion of this transaction is pending due diligence…
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Amid lingering sour market conditions, Ethereum Name Service (ENS) domain 000.eth has sold for ETH 300 (345,260). The sale is the second-largest ENS domain sale both in terms of ETH and USD value. The domain was sold by the OpenSea marketplace user EtheOS to another user named B34D84 on July 3, on-chain data shows. The…
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Embattled crypto investment firm Three Arrows Capital (3AC), which has recently filed for bankruptcy, ostensibly holds more than USD 7.5m worth of blue-chip NFTs. According to data compiled by crypto research firm 21shares, 3AC owns a total of 377 NFTs, which includes 11 CryptoPunks, 330 ArtBlocksCurated, 2 Mutant Apes, 1 Bored Ape, as well as…
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With the European Union advancing work on new regulations that could exert a significant impact on the crypto industry, a group of members of the European Parliament have proposed an amendment to the bloc’s anti-money laundering (AML) legislation that would cover non-fungible token (NFT) trading platforms with its provisions…. Read More: EU Lawmakers Want Anti-Money…
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The CEO of the crypto trading and payments platform Crypto.com (CRO), Kris Marszalek, took to Twitter today to calm down his platform’s users…. Read More: Crypto.com CEO Rushes to Calm the Market as Rumors Flourish Read more »Pay, Trade, Buy Bitcoin with Credit Card
The USDT-to-USDC market cap ratio fell to its lowest ever in July 2022. The growth of Circle’s native stablecoin USD Coin (USDC) in the last two months compared to its $66-billion rival giant Tether (USDT) is nothing short of spectacular. USDT, USDC market cap ratio hits the lowest on record Notably, USDC’s market capitalization has…
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Market making is a profession that has been around since the early 1980s, many crypto market makers come from backgrounds of traditional finance. Market maker Kairon Labs have been working with projects such as StepApp (FitFi) and Ergo, providing liquidity on over 30 exchanges. Kairon Labs and most other market makers agree that “liquid markets…
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GARI token was launched by Salman Khan, an A-list celebrity from Bollywood, with an aim to help Indian creators monetize their content over a short video application Chingari. The domino effect of the 2022 bear market, which saw the downfall of numerous crypto ecosystems and tokens over several months, caught up to GARI token as…
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