Caroline Ellison asks to seal supporters’ info at Sept. 24 sentencing
A filing in federal court suggested that the former Alameda Research CEO had a sentencing hearing scheduled for Sept. 24 — the first in the FTX case since Ryan Salame’s in May.
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Binance Opens Up ‘Full Fiat’ Australian Exchange
The most recent spin-off from the mothership, Binance Australia, claims to provide local traders with the speed, deep liquidity and security of the flagship platform. Major cryptocurrency exchange Binance is launching a fiat-to-crypto trading platform in Australia, offering support for direct purchases of crypto using the Australian dollar (AUD).Binance already operates Binance Lite Australia which…
HSBC, BNP Paribas, StanChart, Others Launch Hong Kong Blockchain Trade Finance Platform
A new blockchain trade finance platform developed by a dozen banks, among them HSBC, BNP Paribas, and Standard Chartered, launched this week in Hong Kong, Reuters reported Oct. 31.The platform, dubbed eTrade Connect, aims to improve efficiency in the financing of international trade by reducing the time needed to approve trade loan applications from thirty-six…
Why Bitcoin Price Can Hit $9K With Less Than 17 Days Before Halving
The price of Bitcoin (BTC) has been stagnating between $6,600 and $7,200 for a few weeks, but finally, a breakout occurred to the upside, which meant a 10% push towards $7,750. But Bitcoin is not the only cryptocurrency that has been showing strength as altcoins are also following suit with Cardano (ADA) jumping by 22% and…
How to do mobile cryptocurrency mining?
Cryptocurrencies like Bitcoin (BTC) are created using a distributed computing process called mining. Miners (the network participants) undertake mining to verify the legitimacy of transactions on the blockchain and ensure network security by preventing double-spending. In return for their efforts, miners are rewarded with a certain amount of BTC. There are various ways to mine cryptocurrencies,…
Celo Raises $30 Million for Stablecoin-Based Smartphone Payment Plans
Blockchain payments startup Celo has raised $30 million from well-known crypto investors Polychain Capital and Andreessen Horowitz, the Wall Street Journal (WSJ) reported on April 2.Celo, which is the trading name of A Protocol Inc., plans to use an in-house digital token and stablecoin to facilitate cross-border payments, primarily focusing on the unbanked using smartphones.Having…
IRS proposal to track your Uniswap transactions will dampen the crypto industry
The United States Internal Revenue Service (IRS) is considering a proposal that would have sweeping consequences for the cryptocurrency industry. Investors should be concerned, because it could significantly impact the way that individuals — both inside and outside America — are allowed to engage with digital assets.The IRS is proposing an initiative under Section 6045
NFTs in the academy: Fighting fake credentials and unfair wages
One of the pressing issues in education is fake credentials. On May 18, the Washington Post reported that there are about 2,800 people who purchased their credentials without attending the proper classes. They were able to pass the National Council Licensure Examination in the United States. Authorities are now trying to find these people.The rise…
Coinbase stock falls 5% pre-Wall Street as Bitcoin price dip adds to Super Bowl woes
A glitch lasting minutes rather than hours nonetheless has far-reaching repercussions as Bitcoin's trending towards $40,000 pressures COIN further. 387 Total views 16 Total shares U.S. cryptocurrency exchange Coinbase (COIN) has seen its shares dive 5% pre-trading after a calamitous advertising debut at the Super Bowl 2022.Data from Cointelegraph Markets Pro and TradingView showed COIN…