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David Leichtman, Leichtman Law managing partner, told CryptoX TV on Tuesday that the case wasn’t necessarily about Mason Rothschild’s use of the protected Birkin brand. Rather, it was about whether he intended to mislead consumers into believing the MetaBirkin NFTs were associated with Hermès’ flagship product. Source
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Visco spoke of the importance of regulating crypto, and outlined global, European and Italian initiatives underway during a speech on the global economic situation in Milan. Although the economies of Italy and the euro area are decelerating, because the sector's ties to traditional finance are weak, last year's crypto market
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“The CFTC has brought important, precedent setting cases against those who illegally offer derivatives or leveraged, margined or financed digital asset products to US customers or operate within the United States,” he said, promising to use “the full breadth of the commission’s authority” in going after illegal transactions in digital
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The decentralized exchange aggregation service 1inch Network has announced the launch of a cold storage hardware wallet. The team notes that the project is in its final stages of development. The hardware wallet, expected to go on sale later this year, features a 2.7-inch e-ink grayscale touch display and it
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Bitcoin (BTC) may gain another 50% before seeing a mass sell-off to complete its bear market, new research predicts.In the latest edition of its regular markets newsletter, “The Crypto Circular,” trading firm QCP Capital delivered a grim warning to those who believe that crypto winter is over.Research warns of "final
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In addition to its Germany plant, TSMC also plans to set up another plant in JapanTaiwanese semiconductor manufacturing company TSMC is reportedly discussing with key suppliers over building its first chip plant in Germany. Specifically, TSMC is planning to build the first European plant in the German city of Dresden.
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The ripple effect of the bearish sentiment in the US stock market has also contributed to the encompassing slump in the digital currency ecosystem. Treasury yields in the United States went on a bounce on Monday as investors started assessing the positivity around the latest interest rate hike
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According to blockchain transaction data provided by WhaleAlert.io on Nov. 10, Tether appears to have frozen 46,360,701 USDT ($46,274,472) owned by troubled cryptocurrency exchange FTX in its Tron blockchain wallet. The move comes one day after the U.S. Securities and Exchange Commission and the U.S. Justice Department began investigating FTX
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Centralized cryptocurrency exchanges have become the backbone of the nascent crypto ecosystem, making way for retail and institutional traders to trade cryptocurrencies despite a constant fear of government crackdowns and lack of support from policymakers. These crypto exchanges over the years have managed to put self-regulatory checks and implemented policies in
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Jihan Wu, crypto billionaire and founder of bitcoin miner maker Bitmain, is setting up a $250 million fund to purchase distressed assets from mining firms, Bloomberg reported Tuesday. Source
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