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Paxos receives ‘preliminary conditional approval’ for US bank charter

The U.S. Office of the Comptroller of the Currency (OCC) has granted today stablecoin company and PayPal collaborator Paxos a federal charter to form a national trust bank — just the third such charter the OCC has granted crypto-native companies. Paxos joins custody firm Achorage, who was the first to receive

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AppLovin Receives Timid Response on Wall Street Debut, APP Shares Close 18.5% Down

Apart from mobile gaming, AppLovin has built its position in the market by developing marketing software for app developers to help them promote their products.It certainly wasn’t a great start on Wall Street for mobile gaming company AppLovin Corp (NASDAQ: APP). On Thursday, April 15, as the company debuted on Wall

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BitClout Receives Cease-and-Desist Letter after Firm Raised Undisclosed Amount from 11 Investors

A law firm slammed BitClout with a Cease-and-Desist letter for using Brandon Curtis’s identity without consent.Controversial social network BitClout has received a cease-and-desist letter after the company conducted its financial round and added new investors. The legal warning addresses the alleged head of the social network Nadar Al-Naji for using

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EU Parliament Receives Petition Seeking to Establish Crypto Crime Victims’ Fund

A petition to the European Parliament hopes to persuade the bloc to provide financial support to victims of cryptocurrency crime.The petition, filed Wednesday by lawyer Jonathan Levy, seeks the implementation of a “regulatory scheme to compensate victims” who were fleeced of digital assets by fraud, hacks and extortion. To date,

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Grayscale Receives FINRA Approval for BCH and LTC to Trade Publicly

Crypto fund manager Grayscale Investments will make Bitcoin Cash and Litecoin available for public trading through shares of the firm’s cryptocurrency trusts.In the July 20 announcement, Grayscale said the Financial Industry Regulatory Authority (FINRA) in the United States had approved shares of the firm’s Bitcoin Cash Trust and Litecoin Trust

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Irish Charity Receives $1.1 Million Grant to Build Blockchain Platform for Aid Distribution

Oxfam Ireland, a Belfast-based charity fighting global poverty, has received a €1 million ($1.1 million) grant to fund the next phase of a blockchain aid distribution project. DisclosureThe leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of

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Bitcoin Core Contributor Gleb Naumenko Receives $100,000 From BitMEX

[sociallocker id="55298"] Cryptocurrency exchange BitMEX announced that its $100,000 one-year grant has been awarded to Gleb Naumenko, a Bitcoin Core contributor and researcher. Awarded by HDR Global Trading, which owns BitMEX, the developer grant program complements the company’s efforts that support the development of open-source protocols.Chaincode Labs Researcher Awarded BitMEX

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Turkish Stablecoin Receives Spot Listing on BTSE Exchange

Over-the-counter and cryptocurrency futures exchange BTSE today launched support for BiLira’s Turkish stablecoin TRYB. TRYB can now be traded against Tether (USDT) on BTSE’s spot markets.Cryptox spoke to BiLira and BTSE to find out more about what the listing means for Turkey’s burgeoning cryptocurrency sector.BTSE co-founder and CEO Jonathan Leong

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