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SpiritSwap, a decentralized exchange (DEX) built on smart contract platform Fantom, will wind down operations from Sept. 1, citing exposure to troubled Chinese cross-chain protocol Multichain.In the Aug. 9 announcement via Discord, developers revealed that the Multichain hack left SpiritSwap's entire treasury drained and, therefore, "without the means to finance
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The platform said it took the "difficult decision" with its U.S. banking partner because of an "evolving regulatory environment" in the country. Regulators there, led by the Securities and Exchange Commission, have been cracking down on crypto, targeting exchange platforms like Coinbase (COIN) and Binance, as well as a host
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Gaming retail company GameStop has announced it will remove its digital wallets from the market starting in November, citing “regulatory uncertainty of the crypto space.”In a notice posted to its website, GameStop said iOS and Chrome Extension wallets will no longer be available starting on Nov. 1, advising users to
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Leading game retailer GameStop will suspend its crypto wallets due to regulatory uncertainty in the United States, just one year after launching, the company announced Tuesday. Source
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“Today, certain vulnerabilities have been discovered in some of the stablecoin pools associated with Curve (CRV). As a result, CRV is currently experiencing significant volatility. We advise exercising caution when considering any investments related to CRV,” reads the announcement. “To ensure the safety of digital asset transactions, we have temporarily
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The federal judge overseeing the criminal case against former FTX CEO Sam Bankman-Fried (SBF) has proposed an order preventing all involved parties and their attorneys from largely contacting the media.In a July 24 letter filed with United States District Court for the Southern District of New York, Judge Lewis Kaplan
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More controversial changes are coming to Twitter, with the social media platform set to introduce daily direct message (DM) limits for unverified users. In a July 21 tweet, Twitter Support stated that the platform will “soon be implementing some changes in our effort to reduce spam in Direct Messages.” “Unverified
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"We regularly evaluate the results of our partnerships around the world and unfortunately, despite being offered time and opportunities, the AFA has not fully complied with its contractual obligations, which goes against our business values and our partnership principles," Binance said in a Spanish-language statement posted on Twitter on Monday. Original
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Global cryptocurrency exchange Binance reportedly cut back on certain benefits to its employees in June amid reevaluation efforts at the firm.According to a July 17 report from The Wall Street Journal, Binance said it had stopped offering reimbursement to employees for certain expenses including use of mobile phones, fitness, and
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A third-party entity named "Eeon" has stepped forward to intervene in the case, representing the interests of Binance's customers regarding the lawsuit filed by the United States Securities and Exchange Commission (SEC) against Binance.As stated in the filing with the District Court for the District of Columbia, Eeon claims that
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