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SEC settles case against Wahi brothers for Coinbase insider trading

Former Coinbase product manager Ishan Wahi and his brother Nikhil Wahi have agreed to settle charges of insider trading brought against them by the United States Securities and Exchange Commission (SEC), the agency announced onMay 30.The brothers were accused of using knowledge of nine crypto assets that would be listed on

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From Lehman Brothers to First Republic Bank: Bitcoin’s rise in uncertainty

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With the recent banking turmoil, ongoing recession and ‘signs of another global economic crisis,’ cryptocurrencies are – once again – emerging as an alternative way to hold one’s assets,

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Bitcoin ‘6-8 weeks’ from breakout as Hang Seng echoes Lehman Brothers dip

Bitcoin (BTC) waited for cues at the Oct. 24 Wall Street open as expectations of a breakout ran high.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewHang Seng drops most since 2008Data from Cryptox Markets Pro and TradingView tracked a mundane trading day for BTC/USD after the pair hit weekly highs of

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Crypto Developer Brothers Leave VC Firm After CoinDesk Exposé

The Macalinao brothers built their reputation in the Solana blockchain community. In early 2021 they created a decentralized exchange for swapping stablecoins called Saber that at its zenith purported to represent $4.15 billion (nearly half) of the crypto value locked up on Solana. Part of the allure of Saber was

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BitKwonnect? ‘Luna Brothers’ moment sees Terra inflate token supply 3,500% overnight

Terra (LUNA), the in-house token of Blockchain protocol Terra, is undergoing major changes which are causing intrigue and despair in equal measure.Data released on May 13 confirms that overnight, the embattled cryptocurrency’s supply expanded to an eye-watering 6.9 trillion LUNA.6,900,000,000,000 LUNA, almost zero valueAfter a tumultuous week in which Terra

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