Protecting Ted Cruz’s Senate seat is a ‘top priority‘ — Crypto PAC
Ted Cruz, representing Texas in the US Senate since 2013, has received millions in support from the crypto industry but is still at risk of losing his seat to Colin Allred.
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South Korean regulators tell banks to open the books on cryptocurrency exchanges
Authorities are looking to tighten their grip on the cryptocurrency industry. 1298 Total views 16 Total shares Financial regulators in South Korea have asked banks to provide information on their dealings with cryptocurrency firms, a local outlet reported on Wednesday, as authorities seek to determine how many cryptocurrency exchanges operate within the country’s borders. An…

UK miner Argo reports 280% increase in revenue despite May’s Bitcoin halving
Publicly-listed mining firm Argo Blockchain has published bullish interim half year results for 2020, despite the recent Bitcoin (BTC) halving and a host of “challenging conditions.”Argo Blockchain PLC is headquartered in London, with its shares listed on the main market of the London Stock Exchange. For the six months through to June 30, the company’s…

Salary payments in USDT stablecoin ruled as illegal in the Chinese court
Tether USDT stablecoin cannot be used for salary payments, a Chinese court ruled, citing the country’s blanket ban on all types of crypto transactions. 228 Total views 3 Total shares Despite the Chinese government banning all kinds of cryptocurrency transactions last year, some firms apparently still use stablecoins like Tether (USDT) to pay their employees.Beijing’s…

From the NY Times to WaPo, the media is fawning over Bankman-Fried
Nearly three weeks have passed since FTX founder Sam “SBF” Bankman-Fried announced that his exchange was facing a deep liquidity crisis, was unable to find a last-minute bailout, and was forced to file for Chapter 11 bankruptcy. The insolvency impacted millions of investors, leaving many portfolios completely wiped out.Bankman-Fried has openly admitted that FTX loaned…

Price analysis 7/5: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
The strong bounce in Bitcoin and select altcoins shows solid demand at lower levels, suggesting traders are buying the current dip.

Dexible aggregator hacked for $2M via ‘selfSwap’ function
The buggy function was intended to allow users to provide their own routing information, but the code did not limit routers to a preapproved list. 1268 Total views 27 Total shares Own this piece of history Collect this article as an NFTThe multichain exchange aggregator Dexible has been hit by an exploit, and $2 million…

PayPal’s crypto trading goes live in the US
Customers will be able to trade up to $20,000 a week, rather than the originally announced $10,000. 1206 Total views 27 Total shares On Thursday, PayPal's crypto trading and payments went live for all eligible customers in the United States.Per its updated announcement, PayPal ended its waitlist for customers looking to use cryptocurrency in the U.S.…

Binance launches new hackathon and accelerator for the Indian DeFi ecosystem
Binance is conducting India’s first DeFi-focused hackathon aimed to accelerate DeFi innovation in the country. Global cryptocurrency exchange Binance is conducting a hackathon in India focused on decentralized finance (DeFi) that will be followed by an accelerator program. Dubbed “Build for Bharat,” the company claimed that this is the first-ever DeFi-focused hackathon and acceleration program being…