manux
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bob wrote a new post
2 years ago
FTX Trial Exposes Alameda's $8 Billion Debt and Exclusive Benefits
Accounting professor Peter Easton provided testimony in the trial of former FTX CEO Sam Bankman-Fried, shedding light on the commingling of funds between FTX and Alameda Research. Easton’s analysis revealed that A…
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2 years agoTwitter Tests New Signup Model to Combat Bots: Pay or Verify
Twitter, now known as X, is conducting a trial in New Zealand and the Philippines to combat bot activity on its platform. The trial, called “Not A Bot,” requires new users to verify their phone number and pay…
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2 years agoEuropean Central Bank Moves Forward with Development of Digital Euro
The European Central Bank (ECB) has announced its plans to develop a central bank digital currency (CBDC) for the eurozone. ECB President Christine Lagarde stated on Twitter that they are preparing the currency for…
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2 years agoBinance Faces Serious Money Laundering Allegations in France
In a recent development, Binance, the world’s largest cryptocurrency exchange, is facing serious allegations of “aggravated money laundering” in France. French prosecutors initiated an investigation into Binan…
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2 years agoBlackRock Explores Blockchain and Digital Assets, Signaling Shift in Traditional Finance
BlackRock, a major financial firm, is making significant moves in the world of blockchain technology and digital assets, signaling a shift in traditional finance. The company has become the first major player on…
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2 years agoRise in Cold Wallet Usage Highlights Security Concerns in Crypto Trading
The recent security breach at Stake.com, a popular online crypto casino, has resulted in the loss of $41 million to hackers. The incident is considered one of the significant attacks on the cryptocurrency industry…
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2 years agoUS Treasury Sanctions Crypto Operator Linked to Hamas Terrorist Group
The Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury has imposed sanctions on a cryptocurrency operator allegedly linked to the terrorist group Hamas. The move comes after…
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2 years agoHamas Exploits Cryptocurrencies to Fund Operations in Israel, Prompting Calls for Crackdown
Recent reports have revealed that Hamas, the militant group controlling the Gaza Strip, has been using cryptocurrencies to fund its operations in Israel. This allows them to bypass international sanctions imposed…
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2 years agoVALR Partners with Visa to Issue Crypto Customers with Visa Cards
VALR, a South African crypto platform, has announced a strategic partnership with Visa to issue Visa cards to its crypto customers. The partnership aims to deliver innovative digital payment solutions to users in…
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2 years agoSYS Labs Launches Rollux Phase 2, Revolutionizing DeFi with Bitcoin Integration
SYS Labs has announced the launch of Rollux Phase 2, a powerful suite of decentralized finance (DeFi) tools backed by Bitcoin and Syscoin. This development aims to enhance the performance and inclusivity of the…
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2 years agoBinance.US Seeks to File Sensitive Documents Under Seal in SEC Lawsuit
Binance.US, the American branch of cryptocurrency giant Binance, is seeking permission to file sensitive documents under seal in response to the ongoing lawsuit by the U.S. Securities and Exchange Commission (SEC).…
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2 years agoSYS Labs Unveils Rollux Phase 2, Introducing Full Suite of DeFi Tools for Enhanced Interoperability and Inclusivity
SYS Labs, a Web3 product suite powered by Syscoin, has announced the next phase of Rollux, an innovative EVM Layer-2 solution. Rollux aims to optimize the performance of Ethereum network applications by harnessing…
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2 years agoCoinbase: Traditional Financial Systems, Not Crypto, Still Used for Terror Funding
U.S. cryptocurrency exchange Coinbase has stated that the majority of terrorist funding still relies on traditional financial systems, such as cash, rather than cryptocurrencies. This comes in response to claims…
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2 years agoStandard Chartered Expands Global Services from Dubai
Standard Chartered is taking a step-by-step approach to expanding its services globally, starting in Dubai. The bank’s presence in Asia, Africa, and the Middle East allows it to offer services worldwide through t…
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2 years agoThe Battle for Financial Freedom: Decentralized Cryptocurrencies vs Central Bank Digital Currencies
Charles Hoskinson, the CEO of Input Output Global and creator of Cardano (ADA), has highlighted the growing conflict between decentralized cryptocurrencies and Central Bank Digital Currencies (CBDCs). In an…
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2 years agoBitcoin Advocate Jimmy Song Discusses the Impact of COVID-19 on Bitcoin Adoption and the Rise of CBDCs
Jimmy Song, a prominent figure in the Bitcoin community, recently discussed various topics related to Bitcoin during the Bitcoin Conference 2023 in Amsterdam. He highlighted the skepticism surrounding government…
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2 years agoPro-XRP Legal Expert Criticizes SEC's Credibility and Calls for Judicial Oversight
Pro-XRP legal expert John Deaton has criticized the US Securities and Exchange Commission (SEC) for its lack of credibility. Deaton disagreed with the SEC’s statement that it is the best source of information a…
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2 years agoRapper Nelly's Twitter Account Hacked for Phishing Crypto Investors
American rapper Nelly’s Twitter account, Nellio X, has been hacked and used to lure crypto investors into phishing schemes. This comes as reports show a rise in crypto hack attacks, with over $700 million stolen i…
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2 years agoSEC Shows Positive Shift in Attitude Towards ARK Invest's Bitcoin ETF Application, Says CEO Cathie Wood
ARK Invest CEO Cathie Wood believes that the U.S. Securities and Exchange Commission (SEC) is showing a change in attitude towards the firm’s application for a Bitcoin exchange-traded fund (ETF). Wood states that t…
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2 years agoFantom Foundation Loses Nearly $1 Million in Crypto Hack via Google Chrome
The Fantom Foundation, a blockchain platform, has fallen victim to a security breach resulting in the loss of nearly a million dollars in cryptocurrencies. The hack, which was confirmed by blockchain security…
