Cryptocurrency Analysis and News Portal
The CEO of Binance, Changpeng Zhao, has refuted claims that have spread widely on the Chinese social media giant WeChat that the FBI shot him. Zhao ‘working closely’ with the FBI, labels the rumors fake news WeChat users used a photoshopped Twitter account image of the New York Times Chinese branch to
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Visa is still committed to crypto partnerships and will also continue to improve fiat both on and off-ramp. A Tuesday Reuters report claimed that US payments giant Visa was halting its crypto push amid an industry meltdown. However, Visa has now debunked those claims. Reacting to the story via a Twitter
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The United States Federal Reserve has denied a request from cryptocurrency bank Custodia Bank to reconsider its membership application to the Federal Reserve System.The Fed announced its denial on Feb. 23 saying the Federal Reserve Board previously decided that Custodia’s application “was inconsistent with the required factors under the law.”@federalreserve
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The CEO of Composable Finance has vigorously refuted allegations of legal improprieties at his decentralized finance (DeFi) infrastructure platform, which was being aired by the firm's former CTO Karel Kubat. In a Feb. 20 Twitter post, Composable Finance's now-former CTO Karel Kubat announced he had stepped down from the firm. He also
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Binance CEO Changpeng Zhao has denied a report that the company is considering cutting ties with United States business partners. Binance has been the object of increasing scrutiny from U.S. regulators in recent weeks.Bloomberg reported on Feb. 17 that Binance Holdings “is looking at whether to sever ties with intermediary firms
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The judge presiding over the FTX bankruptcy case has denied the U.S. Trustee’s request to appoint an independent examiner for the ongoing proceedings. The decision comes after judge John Dorsey postponed the ruling last week, citing concerns that the examiner could cost creditors tens of millions of dollars. The U.S. Trustee’s
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Judge John Dorsey of the United States Bankruptcy Court for the District of Delaware has denied a motion appointing an independent examiner for FTX.In a Feb. 15 hearing, Judge Dorsey said he had some discretion under the law to choose whether to appoint an examiner in the FTX bankruptcy case
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A federal judge has denied a joint agreement between Sam “SBF” Bankman-Fried’s legal team and prosecutors that would have allowed the former FTX CEO to use certain messaging apps.In a Feb. 7 filing for the United States District Court for the Southern District of New York, Judge Lewis Kaplan denied
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Coinbase’s NFT drops feature allowed creators to release collections directly on the marketplace, rather than serving as a secondary marketplace such as leading NFT platform OpenSea. According to data from Dune Analytics, Coinbase NFT’s all-time trading volume is 4,454 ETH, nearly $7 million. In the month of January alone, OpenSea
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Tether (USDT) — the world’s largest stablecoin by market capitalization — has never received any loan from the bankrupt cryptocurrency lender Celsius, according to the chief technology officer.Paolo Ardoino, CTO at Tether and Bitfinex crypto exchange, took to Twitter on Jan. 31 to announce that Tether has “never borrowed from
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