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Category: News

A Public Demonstration in Favour of Tornado Cash’s Founder
News

A Public Demonstration in Favour of Tornado Cash’s Founder

August 21, 2022August 22, 2022

A group of cryptocurrency and confidentiality enthusiasts is currently organizing a public outcry in Amsterdam’s most important square known as the Dam. Their vexation is

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Bitconnect Establisher on the Run After Heavily Defrauding a Client
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Bitconnect Establisher on the Run After Heavily Defrauding a Client

August 20, 2022

Satish Kumbhani, the establisher of BitConnect is on a wanted list by the Police in India, for his role in a Bitcoin scam involving him

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Receipt of Less Than 27,000 Drilling Tools From Stronghold to Offset Huge Debt
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Receipt of Less Than 27,000 Drilling Tools From Stronghold to Offset Huge Debt

August 19, 2022

A deal is being worked out between the SDIG, an acronym for Stronghold Digital Mining and its New York counterpart, the NYDIG over the repayment

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My Stake in Huobi Is up for a Sale of 3 Billion USD – Huobi’s Establisher
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My Stake in Huobi Is up for a Sale of 3 Billion USD – Huobi’s Establisher

August 13, 2022August 13, 2022

Huobi’s boss, Leon Li has indicated his readiness to sell his holdings in the company for a whooping sum of between 2 – 3 billion

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A Growing Interest in Cryptocurrency Is Being Championed by Nigeria
News

A Growing Interest in Cryptocurrency Is Being Championed by Nigeria

August 12, 2022August 13, 2022

In the face of dwindling fortunes within the cryptocurrency sector, Africa’s most populous country, Nigeria, stimulates a new interest in the non-centralized currency. Failings, impairments,

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FDIC Makes Clear That It Does Not Insure Crypto Exchanges
News

FDIC Makes Clear That It Does Not Insure Crypto Exchanges

August 8, 2022August 8, 2022

Last week, the Federal Deposit Insurance Corporation (“FDIC”) was part of two releases clarifying that only insured banks and thrifts enjoy FDIC insurance, notwithstanding what

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Cryptocurrency Card Released in Argentina by Binance
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Cryptocurrency Card Released in Argentina by Binance

August 7, 2022August 7, 2022

Argentina has become the first South American country to officially adopt the use of a cryptocurrency card by Binance. A major cryptocurrency exchange, Binance is

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Investigation Into Prominent Crypto Exchanges by SEC Underway
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Investigation Into Prominent Crypto Exchanges by SEC Underway

August 6, 2022

An inquiry being conducted by the United States body responsible for regulating the securities market and safeguarding the interest of investors, the Securities and Exchange

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Salary to Bitcoin Conversion Now Possible for New York Yankees
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Salary to Bitcoin Conversion Now Possible for New York Yankees

July 30, 2022

A new framework now exists between the NYDIG and the New York Yankees. Payroll members of the latter can convert what remains of their after-tax income into Bitcoin. An investment trust, New York Digital Investment Group LLC (NYDIG) has just signed a long-term contract with the New York Yankees, to enable the

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Kraken Comes Under SEC Watch List as Coinbase
News

Kraken Comes Under SEC Watch List as Coinbase

July 29, 2022July 29, 2022

The searchlight of the United States Treasury is currently beaming on a cryptocurrency exchange, Kraken. Going by available information, the reason for this is the

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