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Binance will reportedly pay no less than $4 billion in fines to keep operating in the United States. Binance Holding Ltd may have reportedly reached a settlement agreement with the United States Justice Department (DoJ). That is according to a recent report by Bloomberg. Citing sources with inside knowledge of the
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Coinciding with the crypto market’s newfound bull run, Solana (SOL) has made significant strides, rising by over 175% in the last 30 days. The recent crypto market upturn has not only propelled Bitcoin (BTC) to an 18-month-high but also triggered massive gains for Solana, effectively pushing it over the $20 billion
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The conviction of Sam Bankman-Fried, the founder of FTX, who was charged with seven counts of fraud and conspiracy, has now capitvated the interest of Hollywood. The verdict came after a trial that lasted just over a month in federal court in New York City. Bankman-Fried had cheated investors and
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With Stéphanie Cabossioras’ resignation, she joins at least 10 other senior executives who have left Binance this year. Stéphanie Cabossioras has resigned from her role as executive director of Binance France, the French arm of the world’s largest cryptocurrency exchange. Her departure comes as the latest in a series of high-level
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A substantial group of Evergrande’s offshore creditors is considering joining a liquidation court petition against the developer if it fails to submit a new debt restructuring plan by the end of October. The embattled Chinese property developer Evergrande witnessed a substantial surge in its shares as trading resumed in Hong Kong
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According to an on-chain report on Saturday, September 30, an address associated with the FTX exploiter became active for the first time
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Hong Kong authorities continue to investigate cryptocurrency exchange JPEX for alleged fraud and have received over 2,000 complaints from aggrieved investors. Eleven people have reportedly been taken into custody, including influencers who promoted the platform. Hong Kong intensifies JPEX probe The police stated that investors, most of whom are inexperienced, invested in JPEX
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Top voices in the crypto industry have continued to criticize the US government and its approach toward regulation. American crypto firm Ripple has said that its ongoing lawsuit with the US Securities and Exchange Commission (SEC) may be a blessing in disguise. The firm’s president, Monica Long revealed this in a
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In a noteworthy development, stablecoin holders, especially of USDC and USDT, are swiftly turning to Borroe.Finance (ROE) in the ongoing presale. This article delves into this shift, exploring why Borroe.Finance is becoming the focal point for crypto holders diversifying and building their portfolios. Borroe.Finance: a deeper look Borroe.Finance offers innovative features and has a visionary roadmap,
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Judge Torres ruled in July that Ripple violated federal securities law in how it sold XRP to institutional investors, but that it had not done so with retail investors. Another judge in the same court, Judge Jed Rakoff, disagreed with the judgment when he ruled on a different case, also
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