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Attorneys representing the United States Justice Department rested their case against Sam “SBF” Bankman-Fried after more than three weeks of expert witnesses and testimonies from former FTX and Alameda employees. According to reports from the courtroom on Oct. 26, the U.S. government’s last witness before resting was FBI agent Mark Troiano,
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Bitcoin's market share of all cryptocurrencies rises to highest since April 2021. Original Source
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As Congress Bickers, the Rest of World Recognizes Stablecoins Source
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Even with population growth, crypto may struggle to reach 5 billion users by 2047. More detailed analysis is needed, but with the continued digitalization of our traditional banking system, I think a more conservative back-of-the-envelope estimate is a range of 2 billion to 3 billion users, and that’s if regulation
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Xapo's CEO said the move "is in line with the positive shifts we are witnessing in Asia’s evolving crypto landscape." Original Source
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Crypto lawyer Collins Belton had tweeted on Monday that “the SEC is alleging that Binance, like Trex, Beaxy, Coinbase, and every other crypto trading platform is essentially operating an unregistered exchange, but also provides clearing services and acts as a [broker-dealer]for its customers, and hasn't registered as any of those.” Source
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However, there are a few commonalities among the victims: Most of the attacks have occurred on the weekend, and has the exploiter swapping assets within a victim’s wallet for ETH (often bypassing staked positions, non-fungible tokens and lesser-known coins), consolidating that ETH and then transferring it out. Often the attacker
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After the March rate hike by the Federal Reserve, economists believe that the recent move by Saudi Arabia and several members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production could complicate the central bank’s mission. Additionally, the majority of the market is pricing in another
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The shutdown of the peer-to-peer (P2P) cryptocurrency marketplace Paxful has left its worldwide community searching for alternatives, but it appears to have significantly affected the Nigerian crypto community. On April 4th, Paxful declared that it would halt its operations. The reason for this decision, according to the founder and CEO Ray
Read MoreAlameda’s CEO, meanwhile, tweeted that her trading firm’s financial condition is stronger than what was reflected by the balance sheet CoinDesk wrote about. She also offered, in a reply to the Binance CEO’s post, to buy his firm’s FTT token holdings for $22 each. Original Source
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