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Pan-African crypto exchange Mara reportedly lost approximately $16 million out of the $23 million raised from investors. Following the exchange’s collapse, founder and CEO Chinyere Nnadi is said to have launched a new entity called Jara. Nnadi reportedly argued that the exchange depleted its raised capital by pay…
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Russia’s central bank has urged businesses to consider various payment solutions, including cryptocurrencies and digital assets, to manage transactions with foreign partners and counter Western sanctions. Bank of Russia Governor Elvira Nabiullina highlighted that the central bank has softened its stance on the use…
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India’s largest cryptocurrency exchange, CoinDCX, has acquired BitOasis, a virtual asset trading platform operating in the Middle East and North Africa (MENA) region. The acquisition marks CoinDCX’s first step into the MENA market, revealing a more expansive move by the crypto firm
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Bitcoin Falls to $60K Amidst Mt. Gox Overhang Bitcoin (BTC) experienced a 4% drop in the last 24 hours, falling to $60,000 during the European morning. U.S. spot BTC ETFs recorded $13 million of outflows after a five-day streak of inflows. Concerns arise from distributions by the defunct crypto exchange Mt. Gox, wh…
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Polkadot’s Marketing Spend Backlash Polkadot faced criticism for its $37 million marketing expenditure, which did not yield the expected returns. Despite robust community growth on the Polkadot Forum, significant marketing costs failed to translate into desired market performance. The community expressed concern …
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Cryptocurrency markets are abuzz with speculation following the German government’s recent transfer of 1,500 Bitcoin (BTC) worth approximately $95 million. Reported by Lookonchain, this move has alarmed both seasoned investors and market analysts. So, why do we occasionally witness such actions from Germany?
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Sony is making waves in the crypto world by restarting the Japanese crypto exchange Whalefin, which it acquired from Amber Group in 2023. Sony purchased Whalefin from Amber Group and rebranded it as S.BLOX Co. The acquisition took place in August 2023. S.BLOX Co. aims to collaborate with other businesses under Son…
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Initially expected in early July, the launch of Ethereum ETFs has just been postponed by the SEC, plunging crypto investors into palpable uncertainty. This unexpected decision, underpinned by additional requests for reviews of the S-1 forms, highlights the persistent regulatory challenges faced by the adoption of di…
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Crypto ATM Installations Rise in 2024, Adding 2,564 New Machines Globally In 2024, the global deployment of cryptocurrency ATMs saw a significant expansion with the addition of 2,564 new machines. This surge underscores the growing popularity and integration of cryptocurrencies into mainstream financial systems worl…
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China, which had previously imposed a strict ban on crypto mining activities, is facing growing calls to reconsider its stance.
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The Central Bank of Bolivia (BCB) has taken a significant step by lifting its ban on Bitcoin and crypto payments. This regulatory change allows financial entities in Bolivia to conduct transactions involving digital assets. Bolivia’s previous ban on crypto use, which began in 2014, has now come to an end. The gov…
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The U.S. Securities and Exchange Commission (SEC) returned the S-1 forms to prospective Ethereum ETF issuers in the latest round of back and forth before they go effective.
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The Securities and Exchange Commission (SEC) on Friday sued Consensys in federal court in Brooklyn, New York, over allegations that the company "engaged in the offer and sale of securities" and "acted as an unregistered broker" through its digital asset wallet called MetaMask.
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A federal judge dismissed part of the U.S. Securities and Exchange Commission's (SEC) lawsuit against crypto exchange Binance and founder Changpeng Zhao, but allowed other charges, including charges against the holding company for Binance.US, to proceed.
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A fake Phantom wallet on Apple’s app store is reportedly draining user funds when a user recovers their account using their private key.
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Guess who grabbed the social trophie.. 🦈🦈 @cmon @1_CryptoMAN @Antonella @Monniverse
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Spot Bitcoin (BTC) ETF Issuer and asset manager VanEck submitted the first-ever bid for a Solana (SOL) exchange-traded fund in the U.S., per a Thursday filing with the Securities and Exchange Commission (SEC). CoinMarketCap data showed that the price of SOL surged over 8% shortly after the news broke.
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Crypto exchange Coinbase, through consultancy firm History Associates Inc, has sued the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) in a U.S. District of Colombia court for unfairly rejecting Freedom of Information Act (FOIA) solicitations.
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Turkey’s parliament passes crypto bill with prison terms and fines up to $182k
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Interpol says it’s waging war on online scam networks — and has seized $257 million in assets following a major sting spanning 61 countries.
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