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bob wrote a new post
1 year ago
FTX Lawsuit Accuses Bybit of VIP Privileges and Withdrawing $953M Before Collapse
FTX, a cryptocurrency exchange, has filed a lawsuit against Bybit and its affiliates, accusing them of using fraudulent tactics to withdraw $953.2 million from the FTX platform before it collapsed. The lawsuit…
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1 year agoRipple CEO Calls for Regulatory Overhaul in Crypto Industry
Ripple CEO Brad Garlinghouse has criticized the U.S. Securities and Exchange Commission (SEC) for its aggressive enforcement actions against the crypto industry, claiming that they have hindered innovation and…
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bob wrote a new post
1 year agoFormer FTX Executives Launch Secure Cryptocurrency Exchange in Dubai
Several former executives from FTX, a cryptocurrency exchange, have come together to establish a new exchange in Dubai called Backpack Exchange. Led by ex-FTX lawyer Can Sun, the Dubai-based startup aims to address…
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bob wrote a new post
1 year agoDeutsche Bank and Standard Chartered Collaborate on Stablecoin Swap Using Blockchain Technology
Deutsche Bank and Standard Chartered recently collaborated on a significant exchange of dollars for euros using stablecoins and blockchain technology. This departure from the trend of decentralization highlights a…
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bob wrote a new post
1 year agoFTX Lawsuit Accuses Bybit of VIP Privileges and Withdrawing $953M Before Collapse
FTX, a cryptocurrency exchange, has filed a lawsuit against Bybit and its affiliates, accusing them of using fraudulent tactics to withdraw $953.2 million from the FTX platform before it collapsed. The lawsuit…
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bob wrote a new post
1 year agoPorto Alegre Recognizes May 22 as Bitcoin Pizza Day
A bill has been passed in the city of Porto Alegre, Brazil, recognizing May 22 as Bitcoin Pizza Day. The mayor of the city, Sebastiao Melo, approved the law at the end of August. The bill was drafted by councilors…
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bob wrote a new post
1 year agoPorto Alegre Recognizes May 22 as Bitcoin Pizza Day
A bill has been passed in the city of Porto Alegre, Brazil, recognizing May 22 as Bitcoin Pizza Day. The mayor of the city, Sebastiao Melo, approved the law at the end of August. The bill was drafted by councilors…
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bob wrote a new post
1 year agoBitcoin: A Solution to Lebanon's Financial Crisis
Michael J. Saylor, co-founder of Microstrategy, believes that Bitcoin (BTC) could be the solution to Lebanon’s financial crisis. The country’s currency has lost 96% of its value against the US Dollar, leading to…
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bob wrote a new post
1 year agoTaiwanese Prosecutors Identify New Suspects in JPEX Scandal
Taiwanese prosecutors have identified two new suspects in the ongoing investigation of the JPEX scandal. Chang Tung-Ying, the chief partner of JPEX’s Taiwan Office, and JPEX lecturer Shih Yu-sheng are now under s…
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bob wrote a new post
1 year agoHong Kong's CMCC Global Raises $100 Million for Asian Blockchain Startups
Hong Kong-based venture capital firm CMCC Global has raised $100 million for its Titan Fund, aimed at supporting Asian blockchain startups. This comes at a time when global venture capital investments in crypto…
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bob wrote a new post
1 year agoBitcoin Price Volatility and ETF Speculations Shake Cryptocurrency Market
Bitcoin experienced significant price fluctuations in the past week, driven by rumors surrounding the approval of a Bitcoin ETF. The price surged to $30,000 on Monday due to reports suggesting that the SEC had…
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bob wrote a new post
1 year agoUniswap Labs Introduces 0.15% Fee on Selected Crypto Swaps to Support Growth and Development
Uniswap Labs, the entity behind one of the most popular decentralized exchanges, has announced the introduction of a 0.15% interface fee on certain token swaps. This fee will impact trades involving specific…
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bob wrote a new post
1 year agoUniswap Labs Introduces 0.15% Fee on Selected Crypto Swaps to Support Growth and Development
Uniswap Labs, the entity behind one of the most popular decentralized exchanges, has announced the introduction of a 0.15% interface fee on certain token swaps. This fee will impact trades involving specific…
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bob wrote a new post
1 year agoFormer NYSE President Bids to Revive Bankrupt Crypto Exchange FTX
A former president of the New York Stock Exchange (NYSE), Tom Farley, is making a bold move to revive the bankrupt cryptocurrency exchange FTX. Through his technology firm Bullish, Farley is participating in an…
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bob wrote a new post
1 year agoBlackRock Takes Concrete Step Towards Launching Ethereum ETF
Asset management giant BlackRock has taken a significant step towards launching an exchange-traded fund (ETF) based on the cryptocurrency ether. The company’s iShares division has registered the iShares Ethereum T…
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bob wrote a new post
1 year agoSEC Chair Gensler Suggests Possible Resumption of FTX Operations, FTT Token Surges 90%
Securities and Exchange Commission (SEC) Chair Gary Gensler has indicated that the agency is open to the possibility of the exchange resuming operations. Following Gensler’s comments at the DC Fintech Week c…
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bob wrote a new post
1 year agoExplosive Allegations: Ethereum Founders Accused of Massive Fraud
Former Ethereum lawyer Steven Nerayoff has announced that he will soon provide evidence to support his claims of a massive fraud within the Ethereum network. In an interview, Nerayoff stated that he would release…
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bob wrote a new post
1 year agoRipple's XRP Sales Face Regulatory Challenges in Global Jurisdictions, Diminishing Potential Disgorgement Amount
Attorney John Deaton, representing XRP holders in the Ripple vs. SEC legal battle, has presented a compelling argument suggesting that the anticipated $770 million disgorgement for Ripple is unlikely. Deaton’s p…
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bob wrote a new post
1 year agoBlackRock Plans to Launch Ethereum ETF, Ether Price Surges
BlackRock, the world’s largest asset manager, is planning to create an ETF that holds Ethereum’s ether (ETH), further solidifying its commitment to cryptocurrencies. The announcement caused the price of ETH to sur…
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bob wrote a new post
1 year agoChainlink (LINK) Generates Over $100,000 in Revenue with CCIP Since July 2023 Launch
SOLANA (SOL) had an impressive performance in October, surpassing the broader market with a gain of 79.90%. After facing challenges in the past, SOL has been making a comeback and catching up to BTC and ETH in…
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