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Algorand Foundation CEO Stacy Waden took to Twitter to confirm rumors about Coinbase's decision to discontinue Algorand (ALGO) staking rewards for retail customers. Coinbase and Algorand, however, cite different reasons for the move.According to Waden's tweet, Coinbase informed Algorand about the sudden termination of rewards for ALGO tokens on March
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A class action lawsuit was filed against Signature Bank in February, alleging that the bank knew about – and facilitated – the “now infamous FTX fraud.” Specifically, the suit accuses Signature Bank of having knowledge of and permitting “the commingling of FTX customer funds within its proprietary, blockchain-based payments network, Signet.” Source
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China’s “Two Sessions” meetings kick off Saturday for the most important annual political gatherings where authorities are expected to lay out the country’s economic plans for the year ahead and reshuffle key jobs.Initiatives for building a digital economy are expected to be high on the agenda.The National People’s Congress (NPC),
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Dogecoin, the original memecoin, is currently showing a solid performance, retesting its current resistance which is at $0.09370. According to Coinhecko, the
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Maybe Congress should separate custody from exchange, the way it severed Wall Street from commercial banking nearly a century ago. This piece is part of CoinDesk’s Policy Week. Original Source
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Crypto exchange Binance is now legal to operate in seven European countries following the latest approval by Sweden’s financial regulator. Overall, Binance has been approved to operate in 15 jurisdictions, including seven EU countries. Binance Approved to Operate in 7 EU Countries Cryptocurrency exchange Binance announced Thursday that its Swedish entity, Binance
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On-chain data shows the Bitcoin taker buy/sell ratio has been unable to give any real signal recently as the demand has remained low in the market. Bitcoin Taker Buy/Sell Ratio Hasn’t Been Able To Catch Any Momentum Recently As pointed out by an analyst in a CryptoQuant post, the taker buy/sell ratio
Read MoreBlockchain platform Polkadot (DOT) is the latest to invest back into its developer community with the launch of the Polkadot treasury. Run by community-elected council members, the pool will fund as many new community projects as possible.The treasury has already received multiple proposals related to infrastructure development, operations projects, and
Read MoreCatering to the social realm of the digital sphere, crypto exchange, Bitfinex, announced its own social network, which opened today. On the exchange's social network, called Bitfinex Pulse, customers can immerse themselves in the energetic world of trading, collaborating on concepts, and other market related activities, said a statement provided to
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