Cryptocurrency Analysis and News Portal
A federal magistrate judge has signed an order requiring BitBoy Crypto YouTuber Ben Armstrong to appear in Florida as part of a status conference related to a lawsuit involving several crypto influencers.In an April 12 filing in the United States District Court for the Southern District of Florida, Judge Melissa
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The 3AC founders will be found in contempt of court if they fail to reply to the order. Source
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Crypto exchange Binance has encountered major issues with spot trading on the platform.On March 24, Binance suspended all spot trading transactions, according to an announcement by Binance’s official Twitter account.“We are aware of an issue impacting spot trading on Binance. All spot trading is currently temporarily suspended as we work
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"The technology we’ve developed eliminates the challenges of impermanent loss and liquidity mining, which will enable us to scale and create an inclusive multi-chain DeFi ecosystem with a feature-rich, easy-to-use DEX at the heart of it," Ramani Ramachandran, co-founder of Dfyn, told CryptoX. Source
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As the country recuperates from the Covid-19 devastations, the crypto industry led by Bitcoin and stablecoins is expected to play a crucial role in uplifting the economic status of Venezuelan residents. The President of the Bolivarian Republic of Venezuela Nicolás Maduro has ordered the restructuring of the National Superintendence of Crypto
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Growing shortages of foreign exchange on the interbank market have reportedly forced the Central Bank of Kenya to ask financial institutions to ration dollar purchases by Kenyan businesses. The shortages have forced Kenyan firms to seek greenbacks on alternative markets where the exchange rate is higher than the official government
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District Judge Lewis Kaplan, of the Southern District of New York, originally ruled in favor of news organizations, including CryptoX, who argued the names of Bankman-Fried's signers were of public interest, but stated the ruling pending appeal. While Bankman-Fried's attorneys filed a notice that they would appeal, they did not
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According to the National Bank of Rwanda, the country’s regulated financial services providers are now prohibited from facilitating crypto-related transactions. In her Jan. 31 letter justifying the decision, the acting governor Soraya Hakuziyaremye cites the unregulated status of most crypto assets and how this leaves users without the “guarantees and
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According to a report published on Feb. 12, 2023, the New York-based financial institution and technology company, Paxos, has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) regarding alleged violations of investor protection laws. Paxos revealed the following day that it would no longer mint BUSD
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Lawyers representing bankrupt crypto broker Voyager Digital have served former FTX CEO Sam Bankman-Fried and other FTX and Alameda Research executives with subpoenas requesting information.The subpoenas have a very wide scope, with Voyager’s lawyers seeking copies of any documents and communication between FTX entities and the Securities and Exchange Commission
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