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Nonfungible token marketplace OpenSea has reportedly patched a vulnerability that, if exploited, could have exposed identifying information about its anonymous users. In a March 9 blog post blog, cybersecurity firm Imperva detailed how it discovered the vulnerability, which it claimed could deanonymize OpenSea users “by linking an IP address, a browser session,
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Three U.S. senators have asked crypto exchanges Binance and Binance US for documents and answers pertaining to “potentially illegal business practices.” The lawmakers told Binance CEO Changpeng Zhao (CZ): “Your actions have called into question the legitimacy of your business and the safety of your customers’ assets.” U.S. Lawmakers Probe Binance U.S.
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The United States Federal Deposit Insurance Corporation (FDIC) has sent a letter to executives of cryptocurrency exchange CEX.IO warning them that they are potentially in violation of federal law due to false and misleading statements about the exchange’s insurance status. The agency has given the exchange 15 days to make
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Place/Date: - January 1st, 2023 at 10:00 am UTC · 3 min read Source: Orbeon Protocol The crypto market is constantly changing and evolving, making it difficult to keep track of the latest trends. Recently, a new trend has emerged that could potentially disrupt the market –
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One of the key witnesses on the ongoing FTX investigation could evade all the seven counts of allegations against her with a plea deal. Former Alameda Research CEO Caroline Ellison would be prosecuted only for criminal tax violations and can be released immediately by paying the $250,000 bail. A plea deal
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The most recent crypto market declines started last Friday, which coincided with a stock market selloff. These crashes were worsened over the weekend by issues with crypto market infrastructure and services. The stock market meltdown on Monday also didn't improve matters. However, even as markets recovered on Tuesday, digital assets
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Maxine Waters, chair of the United States House Financial Services Committee, has called out former FTX CEO Sam Bankman-Fried for announcing on social media he intended to testify after “learning and reviewing what happened” at the exchange.In a Dec. 5 Twitter thread, Waters cited Bankman-Fried’s numerous media interviews in the
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Economists have weighed in on reports that China and Russia may be developing a new gold-backed currency that could undermine the U.S. dollar’s status as the world’s primary reserve currency. Russia and China May Be Developing Gold-Backed Currency Several experts have shared their views on Russia and China potentially creating a new
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Members of the United Kingdom’s House of Lords have introduced legislation aimed at eliminating the need for paper trade documents, increasing the likelihood of using blockchain technology to trace records.In an Oct. 12 announcement, MP Michelle Donelan and the U.K. Department for Digital, Culture, Media and Sport said the Electronic
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A Kenyan bitcoin mining company, Gridless, recently revealed how it is helping local communities reduce electricity costs by using excess generated power to mine bitcoin. The Gridless model has been hailed because it potentially helps to decentralize bitcoin mining as well as move some hashpower to Africa. Using Wasted Energy to
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