Cryptocurrency Analysis and News Portal
"Coinbase, a multi-billion-dollar entity advised by sophisticated legal counsel, argues it was unaware that its conduct risked violating the federal securities laws, and suggests that by approving Coinbase’s registration statement in 2021 the SEC confirmed the legality of Coinbase’s underlying business activities – at that time and for all time,"
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Binance CEO Changpeng ‘CZ’ Zhao knew Sam Bankman-Fried was in a desperate situation when the former CEO of the now-bankrupt FTX exchange called him for a bailout.CZ opened up on the events that nearly saw Binance come to the rescue of its ailing industry competitor as a credit crunch sent
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Digital assets’ past performance is never a guarantee of future price movement. There are never two identical situations in the crypto market, so even historically similar patterns of a token’s behavior can be followed by starkly different price action charts.Still, crypto assets’ individual history of price action often rhymes, giving
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Online information flows have a tremendous influence on the prices of crypto assets. Just this week, investors witnessed how even fake news can sometimes make the market value of a token explode, even if for just an hour. Fortunately, the effects of legitimate news tends to last longer, but the
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The federal case against Ripple Labs has taken an unexpected turn, as the legal team representing the firm and CEO Brad Garlinghouse have argued any statements they made overstating the utility of the XRP token can’t be proven false.According to court filings obtained by Law360, lawyers for Ripple and Garlinghouse
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The Balancer automated market maker protocol has been hacked for over $500,000 in a single Ether (ETH) transaction, facilitated once again by a dYdX flash loan.As analyzed by the 1inch.exchange team a few hours after the incident, a carefully crafted transaction taking more than 8 million gas, or about two
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Drew Brees says he cannot support anyone who didn’t “respect the flag.” His comment triggered a firestorm of controversy. Brees’ apology is just as tone-deaf as the original statement. New Orleans Saints quarterback Drew Brees is under fire. During an interview with Yahoo Finance, in which he was asked about players who kneel during
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Beyond privacy, the ability for individuals to buy bitcoin with fiat and convert bitcoin into fiat is a big challenge. In the past few years we have seen an incredible increase in local liquidity, where it’s now fairly easy to buy or sell bitcoin in most major urban areas around
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Dick Bove, a five-decade financial-industry analyst for the brokerage firm Odeon Capital, said in a phone interview that Volcker likely would have opposed bitcoin and other digital assets built by independent developers. According to Bove, Volcker believed "central banks should have control of the financial system in a given nation,
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