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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Reports have emerged suggesting that Do Kwon, the co-founder of Terra, had financial connections to the leader of a political party in Montenegro. Outgoing Montenegrin Prime Minister Dritan Abazovic has reportedly requested the special state prosecution
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Like any secondary market, the platform will allow for a discount on the TBTs based on the duration of the locked-up asset. For example, a trader could bid for 3% discount on ether (ETH), that has a 10-month lock up period and the discount could change based on the time
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Summary: Coinbase users will no longer be able to borrow up to $1 million using Bitcoin as collateral.The crypto exchange plans to shut down its Borrow program starting May 10, 2023, due to insufficient demand for the product.Wednesday’s decision also comes amid a tussle between U.S. regulators and crypto businesses
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The tokens will be a form of electronic money backed by the country's gold reserves, which will be held by the central bank. RBZ wants people holding Zim dollars to be able to exchange their money for the gold-backed token to help them hedge against the volatility of the local
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied OPNX, a crypto bankruptcy claims exchange firm co-founded Kyle Davies, has received backing from distinguished firms, including Appworks, DRW, MIAX Group and Susquehanna International Group (SIG). OPNX tweeted the announcement with CEO, Leslie Lamb, expressing gratitude for
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Su Zhu and Kyle Davies, founders of the collapsed hedge fund Three Arrows Capital (3AC), have announced the launch of the crypto project Open Exchange, or OPNX.Both Zhu and Davies retweeted the April 4 launch announcement from OPNX chief executive officer Leslie Lamb, who said the exchange was open to
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The Frax community recently approved a proposal to make its FEI stablecoin fully backed by USD equivalents, rather than maintaining a partially backed and semi algorithmic stablecoin. With Frax’s decision, the days of experimentation with algorithmic stablecoins could finally be behind us.The decentralized stablecoin space has only proved effective with
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“Clearly, they're urging extreme caution,” said Alexandra Barrage, a banking lawyer at Davis Wright Tremaine who was previously a senior official at the FDIC. She said they likely had Silvergate and similar banks in mind when they issued these warnings, which she said have shown an unusual willingness for the
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Chiliz Labs stated that they would foster innovative early-stage blockchain projects willing to leverage the Chiliz blockchain for sports and entertainment. On Wednesday, March 1st, global blockchain leader for Web3 sports and entertainment Chiliz announced the launch of its $50 million USD incubator along with an accelerator program Chiliz Labs. Incubator by
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"Chiliz has developed a unique solution to one of the most salient problems that sports teams and leagues face, which is how to sustainably and affordably scale their brands and maximise fan engagement globally," Kanav Kariya, president of Jump Crypto, said. Source
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