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The integration of conventional payment cards with cryptocurrency exchanges is playing a crucial role in driving the adoption of digital assets, according to a Visa executive.Speaking to Cointelegraph reporter Ezra Reguerra during a panel at the Blockchain Economy Dubai Summit, Visa’s vice president, head of innovation and design, Akshay Chopra,
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Coinbase launched Base, its new blockchain, in late July, and it has already become a major player among Ethereum-based layer-2 chains. On Sept. 21, for instance, the chain notched some 677,000 transactions, with 870,163 “new addresses seen,” according to Etherscan. By comparison, Arbitrum, a prominent layer 2 that launched in June
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A former Deutsche Bank investment banker — who was charged earlier in 2023 in relation to a fraudulent cryptocurrency trading scheme — has pleaded guilty to investment fraud and could face up to 30 years in prison.According to a Sept. 19 statement from the United States Department of Justice (DOJ),
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The crypto industry is far too focused on token prices, rather than figuring out how smart contracts can be used to solve real-world business problems, according to Google Cloud's Web3 lead. In an interview with Cryptox, Google Cloud’s Head of Web3 James Tromans stressed the need to focus more on the
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Roni Cohen-Pavon, the former chief revenue officer of cryptocurrency lending firm Celsius, has reportedly pleaded guilty to charges related to fraud and price manipulation.According to a Sept. 13 filing in the United States District Court for the Southern District of New York, Cohen-Pavon pleaded guilty to conspiracy to commit price
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Compared to 2022, where the first and second quarters of the year saw a combined $20.3 billion flow into the space through VC funding, 2023 has been significantly lacking. Venture capital funding for the crypto space has significantly declined this year. In the first quarter of the year, around $2.6 billion
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Crypto exchange Bitget has grown significantly despite the challenges brought by the bear market. In 2023, the exchange announced two $100 million funds—one dedicated to crypto projects in Asia and another for maximizing the company’s long-term impact in the crypto space. At the Bitget EmpowerX Summit held in Singapore, Cointelegraph’s Zhiyuan
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“Harry Potter” actors Emma Thompson, Imelda Staunton, and Jim Broadbent aren’t happy with proposed renovation plans put forward by their neighbor, Ripple executive Sendi Young. Harry Potter stars unite According to documents submitted to the UK’s planning department and made available for public viewing on the council’s website, Young and her husband,
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Top Stories This Week Binance crypto exchange saw 10 key execs leave in 2023. Here’s the list A key talking point in the crypto community has been the ongoing exodus of executives from Binance amid growing regulatory troubles. Binance has
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Ryan Salame, the former co-CEO of FTX Digital Markets, has pleaded guilty to charges related to defrauding the United States Federal Election Commission and conspiracy to operate an unlicensed money-transmitting businessAccording to a Sept. 7 announcement from the U.S. Justice Department, Salame pleaded guilty before a judge in the U.S.
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