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Coinbase secures AML registration from the Bank of Spain

• by admin
• September 25, 2023

The Anti-Money Laundering registration will allow cryptocurrency exchange Coinbase to offer its services to retail and institutional investors in Spain. News Cryptocurrency exchange Coinbase has secured an Anti-Money Laundering (AML) compliance registration from Spain’s central bank as part of its ongoing expansion across Europe. According to a Sept. 22 statement, the registration with the Bank […]

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Crypto exchange Upbit stems fake APT token flood, resumes services

• by admin
• September 25, 2023

The newly created fake APT token called “ClaimAPTGift.com” made its way to 400,000 Aptos wallets, which was mistakenly recognized by crypto exchange Upbit as the real deal. News South Korea cryptocurrency exchange Upbit has resumed Aptos (APT) deposits and withdrawals again after fixing an issue that saw a scam APT token incorrectly recognized as the […]

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Couple mistakenly sent $10.5M by Crypto.com to face October plea hearing

• by admin
• September 25, 2023

Thevamanogari Manivel was sentenced to 18 months of community corrections with six months of unpaid community work, while her husband will face a plea trial in October. News The Melbourne couple who accidentally received 10.5 million Australian dollars ($6.7 million) will be facing a plea trial in October for a theft charge after spending the […]

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What happened in crypto this weekend?

• by admin
• September 25, 2023

OpenSea flags possible security breach, board member at Celsius’ NewCo steps down, Venezuelan authorities find Bitcoin miners during police raid and more. Opensea warns API users of third-party security breach Nonfungible token (NFT) marketplace OpenSea has warned users that one of its third-party vendors has experienced a security incident, potentially exposing users’ OpenSea API keys. […]

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Stablecoin exodus: Why are investors fleeing crypto’s safe haven?

• by admin
• September 24, 2023

Stablecoins have seen a 17-month decline as investors move to traditional assets. What needs to happen for the exodus to stop? Analysis In a year filled with uncertainty in the cryptocurrency space, a new trend has been unraveling: a stablecoin exodus that has now lasted for 18 consecutive months and has seen the market dominance […]

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Sky-high interest rates are exactly what the crypto market needs

• by admin
• September 24, 2023

We can no longer rely on central banks to prop up our investments, which means learning to look at the health of the companies and products in which we invest. The United States Federal Reserve Open Market Committee’s September decision on interest rates was entirely expected, with the FOMC holding rates at the current level […]

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Crypto Biz: Bidding war for SVB Capital, new crypto funds and Citi’s private blockchain

• by admin
• September 24, 2023

This week’s Crypto Biz explores SVB Capital bids, new funds from Blockchain Capital, the Hut 8-US Bitcoin merger and Citigroup’s private blockchain. Newsletter The venture capital industry appears to be gearing up for portfolio rebalancing in 2024, with investors positioning themselves to increase exposure to digital assets in the next bull market. Blockchain Capital, for […]

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From Bitcoin Market to Web3 colonies: How crypto exchanges have evolved over the years

• by admin
• September 24, 2023

Cryptocurrency trading venues have changed tremendously since Bitcoin’s emergence in 2008 and are still evolving. So, what are the newer exchange models beyond CEXs and DEXs in 2023? Phemex, an innovative crypto exchange, is at the forefront of the hybrid trading approach. Rooted in a firm commitment to decentralization, Phemex provides CEX-like liquidity, user-friendly functionalities, […]

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Brazilian lawmakers seek to add crypto to debtors’ protected assets list

• by admin
• September 21, 2023

Cryptocurrencies may become a part of the personal savings category, protected from seizures on behalf of creditors. News As Brazilian lawmakers discuss a bill that would grant strong protection to a sizable portion of the savings assets of debtors, a separate initiative is seeking to include crypto in the latest version of the bill. Bill […]

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Stanford to return millions in crypto donations from FTX

• by admin
• September 21, 2023

The university said it intends to return the “entirety” of funds received from former cryptocurrency exchange FTX, which it claims were mainly for pandemic-related prevention and research. News The California-based Stanford University said it plans to return all funds it received from the now-defunct cryptocurrency exchange FTX, according to a report from Bloomberg. Stanford received […]