Regulators Plan ‘Global Sandbox’ for Fintech Including Blockchain
A number of regulators from across the globe are forming a new alliance to facilitate the development of fintech in cross-border solutions.
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Bitcoin Risks Short-Term Bear Reversal Below $7.4K Price Support
markets View Bitcoin is on the defensive, having closed below $8,000 last week. The price has also established a bearish lower high at $8,135. A short-term bullish-to-bearish trend change, however, would be confirmed if the price drops below $7,432 (June 4 low), establishing a lower low. With the weekly chart reporting a bearish candlestick pattern,…
How OFAC’s Tornado Cash Sanctions Violate U.S. Citizens’ Constitutional Rights
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Recent Altcoin Rally Powered by South Korean Traders, CryptoQuant Says
South Korean traders are known to drive speculative frenzies in smaller cryptocurrencies.One such token rose as much as 6,600% in September before being listed on international exchanges.However, bitcoin has remained king for the larger part since September, as its dominance over the overall market increased.Part of the rapid surge in prices for alternative cryptocurrencies (altcoins)
FTX’s Nishad Singh Gets No Prison Time for Role in Crypto Exchange Collapse
NEW YORK – Nishad Singh, former director of engineering at FTX and a one-time member of Sam Bankman-Fried’s inner circle, was sentenced to time served by a federal judge on Wednesday, meaning he's not going to prison like his former colleagues. Singh, 29, who pleaded guilty to six criminal counts including wire fraud and conspiracy last
‘It’s Part and Parcel of Crypto’: How Memes Drive Narrative and Value
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Runes Protocol Launches on Bitcoin, Sending Fees Soaring as Users Rush to Mint Tokens
Despite this being the most anticipated Bitcoin halving yet (at least according to Google search history), it was the launch of the high-profile Bitcoin builder Casey Rodamor’s latest creation – Runes – that turned heads, even among long-time blockchain developers who despise the digital tokens that can be minted on the platform.Rodamor is known for
SEC Charges Shopin CEO With Fraud Over Unregistered $42M ICO
Dec 11, 2019 at 21:55 UTCSEC Charges Shopin CEO With Fraud Over Unregistered $42M ICOThe U.S. Securities and Exchange Commission (SEC) has charged Shopin and its founder Eran Eyal with fraud after a $42 million initial coin offering.The SEC announced Wednesday that Eyal had been charged with defrauding investors by selling unregistered securities in the…