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US DoJ Says FTX Advertisement Blur Lines between FTX.US and International Business

The DoJ has said that advertisements for FTX did not differentiate between the US arm and the global business. According to the Department of Justice (DoJ), the FTX ads featuring American footballer Tom Brady and comedian Larry David show little distinction between the exchange’s US arm and its international business. According to

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Bitcoin lines up RSI showdown as BTC price slips toward new 2-week low

Bitcoin (BTC) fell further after the Sep. 1 Wall Street open as monthly close losses continued to play out.BTC/USD 1-day chart. Source: TradingViewBTC price "Grayscale hype" disappearsData from Cointelegraph Markets Pro and TradingView followed weakening BTC price performance, which hit its lowest since Aug. 22.Bitcoin bears took full advantage of

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Crypto adoption crosses party lines amid Washington’s political deadlock

Crypto’s legitimacy and adoption have increased in recent years, and along with the uptick in use, the tech has become a topic of political divisiveness, resulting in a perception of partisanship — especially in the United States. Speaking to Cointelegraph, Jonathan Jachym, the Global Head of Policy at U.S.-based crypto exchange

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DeFi Protocol Sparks Speculation Of $16 Million Rug Pull After Severing Lines of Communication

DeFi protocol, Hector Network, has closed its official Discord server, leaving many investors in the dark. The move comes amidst growing suspicions of a $16 million rug pull engineered through a so-called hard rug, a process where funds are quickly moved, leaving investors with shitcoins. This comes after a controversial

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American Express Plans to Use AI in Validating Transactions, Approving Cards and Credit Lines

Currently, the Digital Labs arm of the company is working on utilizing LLMs for analyzing customers’ feedback and inquiries. American Express (NYSE: AXP) has joined the new wave of companies adopting AI to scale their businesses. The financial services corporation is planning to deploy AI in validating transactions and approving lines

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BTC price risks $27K loss as Bitcoin trend lines brew ‘bullish cross’

Bitcoin (BTC) headed toward $27,000 after the May 11 Wall Street open as bulls failed to show strength.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price "rolls over" after brief recoveryData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it risked a further loss of support.After a modest recovery from

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Central Banks Reduce US Dollar Swap Lines to Weekly Auctions Amid Moody’s US Banking Sector Downgrade – Economics Bitcoin News

After the tumultuous downfall of three major banks, namely Silvergate Bank, Silicon Valley Bank, and Signature Bank, several central banks made a collaborative announcement of a swift, coordinated emergency response. The intervention aimed to furnish U.S. dollar liquidity, with the intention of alleviating the impact of such severe shocks on

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