US senators strike deal to push ban on lawmaker stock trading
A bipartisan group of 20 US senators has reached a new agreement on legislation that would ban all members of Congress from trading stocks.
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Top-5 Cryptos This Week: NEO, LINK, ADA, BNB, LEO
The United States Federal Reserve believes that stablecoins “could complement existing payment systems and improve consumer welfare” but the operators behind the digital assets will require constant oversight and regulation. The Fed warned that if a stablecoin payment network achieves a global scale quickly, it will increase risks related to financial stability and monetary policy.Interestingly,…

World’s 3rd Richest Man Denies Involvement in Belgian Crypto Firm
Bernard Arnault, the world’s third richest man, has denied his involvement in setting up a new Belgian crypto trading company Abesix Belgique.Arnault was reported to be a co-founder of Abesix by Belgian business publication De Tijd on Aug. 28. Subsequently after the publication of the article, De Tijd posted an update that Arnault has formally…

Telegram Releases TON Testnet Explorer and Node Software
The encrypted instant messaging service Telegram has released the Telegram Open Network (TON) testnet explorer and node software.Telegram token due in two monthsOn Sept. 6, Telegram released its Telegram Open Network (TON) testnet explorer and node software on its website, two months ahead of its planned launch of the Gram digital currency.As Cointelegraph reported on Aug.…

$3M worth of customer funds swiped via alleged Swaprum DEX rug pull
Promptly after the funds went missing, Swaprum’s Twitter, Telegram and Github accounts were all deleted, however its website is still up. 264 Total views 6 Total shares Arbitrum-based decentralized exchange (DEX) Swaprum has allegedly conducted a rug-pull on its users, with $3 million worth of customer deposits being swiped from the platform.A rug-pull or exit…

New York Judge Says Telegram Can’t Distribute Grams Outside U.S. Either
A New York judge has ruled that the injunction barring Telegram from issuing its Gram tokens extends to all entities in the United State and overseas.On April 1, U.S. District Judge P. Kevin Castel, responded to the encrypted messaging firm’s request for clarification as to the scope of the court’s March 24 preliminary injunction. He…

Bitcoin lacks market integrity, says former Trump economic adviser
“For all the reasons it’s a strong developing asset class, it may fail,” said the former Goldman Sachs president. 1547 Total views 18 Total shares Gary Cohn, the former president of Goldman Sachs and former chief economic adviser to Donald Trump, believes that Bitcoin may not hold long-term prospects for investors. In an interview with Bloomberg…

Exit Scam in Wonderland: Bitconnect’s Tentacles From Texas to Gujarat
An American musical preludeBitconnect, the now-defunct crypto lending and exchange platform that has been ousted as a ruinous Ponzi scheme, has memorably been compared by the Silver Miller law firm to the fleeting 2011 Broadway musical “Wonderland,” based on the dizzying impossibilities of Alice’s adventures in Lewis Carroll’s celebrated novel.Silver Miller’s first class action complaint…

What are the top 3 trending altcoins to buy in 2022 | Find out now on The Market Report
The Market Report with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss the top three trending altcoins you might want to consider looking at in 2022.But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is…