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Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFTs) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the provision of crypto-related services to Russian residents and entities. NFT Platform Dapper Labs Conforms to Latest EU Restrictions Against Russian Federation Dapper
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A tweet from the official BNB chain Twitter account indicates that the chain is expected to be back online in the afternoon Asia time. Source
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Binance’s signature Binance Smart Chain is the latest to suffer from an exploit, and the chain is “temporarily paused,” according to the
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Celsius filed for bankruptcy in July, and the case is now moving through the U.S. Bankruptcy Court for the Southern District of New York. The latest filing from the Texas State Securities Board and the Texas Department of Banking also points out that Celsius’ past activities are currently being investigated
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Bitfarms, a global Bitcoin mining company, has started operations in its mining megafarm located in Argentina. The farm, launched on September 16, is currently generating 10 megawatts (MW) of mining power during the first phase and will scale operations to be fully operational next year. Bitfarms estimates it will contribute
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The Bank of Ghana has said the expected implementation of the central bank digital currency will not disrupt or negatively impact the operations of mobile money operators. Rather, the central bank expects the digital currency to improve the efficiency of Ghana’s settlement systems as well as to “fast-track cross border
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A Russian bank, one of the country’s largest by assets, has conducted a successful trial with digital ruble transactions processed through its mobile app. The state-owned Promsvyazbank was one the institutions placed under Western sanctions earlier this year in connection with Moscow’s actions in Ukraine. Russian Bank Experiments With Digital
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Bitbase, a cryptocurrency store and ATM company headquartered in Spain is preparing to open operations in Venezuela this year. The company is now looking for employees for the stores and crypto ATMs that will be opened. Bitbase would be one of the first international exchanges to open an office in
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Sam Bankman-Fried’s cryptocurrency exchange FTX’s investment arm has reportedly absorbed the venture capital operations of Alameda Research in response to the ongoing crypto bear market.According to a Thursday Bloomberg report, Alameda's Caroline Ellison said in an interview that the merger had happened prior to former co-CEO Sam Trabucco announcing his
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According to the banking regulator, minimizing risk by disconnecting crypto-related consumers may represent a "threat" to financial integrity. The Reserve Bank of South Africa's Prudential Authority advised its subsidiaries to avoid illegal activity, asking banks not to terminate all links with bitcoin. It implied that such an act might pose a
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