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SEC unveils suit against Ripple, calling XRP a ‘$1.3B unregistered securities offering’

The United States Securities and Exchange Commission has taken legal action against Ripple as well as its CEO, Brad Garlinghouse,and co-founder Christian Larsen.In charges filed today in federal district court in Manhattan, the commission is alleging that the XRP token is classified as a security and is accusing Ripple and

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MicroStrategy’s Bitcoin-Driven Offering Boosted to $650M After Notes Buyer Bought $100M More

MicroStrategy announced Friday it raised $650 million, up from a recently boosted $550 million, in a convertible senior note sale designed to allow the business intelligence company to buy more bitcoin.The company estimates $634.9 million of that sum – the net proceeds – will be available for bitcoin allocations in

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Raidenbo Secures Leading Position Offering Innovative Trading Solutions

Raidenbo, a fast-growing exchange, has emerged as one the most promising places to trade and earn. Raidenbo offers modern technology, hot markets, and short-term trading opportunities around the clock. With Raidenbo, you can experience the thrill of moving markets on an innovative exchange, with fixed levels of risk. We empower

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Kadena Partners With Stablecoin-Maker Terra in Bid to Expand Its DeFi Offering

Hybrid blockchain platform Kadena is teaming up with stablecoin maker Terra with the aim of expanding its decentralized finance (DeFi) platform. Announced on Tuesday, Kadena said that it will add Terra’s Luna stablecoin to its decentralized exchange Kadenaswap, which was announced earlier in September and is expected to roll out at

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ECB Begins Public Survey About a Digital Euro, Implying a Broad Retail Offering Is Now on the Table

European Central Bank President Christine Lagarde Sunday announced an ECB survey of public opinion regarding the issuance of a digital euro, implying the central bank is considering a retail central bank digital currency (CBDC), not just one intended for use between banks, which would represent a much more profound change

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This Paradigm-Backed Startup Is Offering DeFi’s First ‘T-Bill’

“What is the time value of money?”That’s the age-old question Allan Niemerg, former head of research and investments at Cumberland DRW and founder of newly launched Paradigm-incubated Yield Protocol, is trying to answer with his new programmatic money market.Released publicly Oct. 19, Yield is jostling to join a $2.6 billion decentralized

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