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Ethereum fell from a 7-month high March 24, as traders reacted to further uncertainty within the European banking sector. Shares in Deutsche Bank fell by as much as 13% in today’s session, following a spike in the cost of credit default swaps. Bitcoin briefly moved above $28,000 on the news.
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According to the U.S. Securities and Exchange Commission’s Paul Munter, the agency’s acting chief accountant, the U.S. regulator is monitoring proof-of-reserves (POR) more closely. “We’re warning investors to be very wary of some of the claims that are being made by crypto companies,” Munter explained to the Wall Street Journal
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The founder of Cardano, Charles Hoskinson, reached out to Litecoin CEO, Charlie Lee, to broach the possibility of working together.While it’s too early to determine the precise nature of the collaboration, Hoskinson stated that cross-chain communication between the two is what he has in mind.@SatoshiLite it would be great to
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