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The Securities Commission of The Bahamas (SCB) said it had ordered the transfer of all digital assets of FTX Digital Markets (FDM) to a digital wallet owned by the commission on Nov. 12. In a Nov. 17 statement, the SCB said it exercised its power as a regulator acting under the
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The rumors about the possible liquidity crisis for the world’s third-largest crypto exchange turned out to be true. Just a day after assuring funds are fine, and they have the assets to back customer’s funds, FTX CEO Sam Bankman-Fried (SBF) announced on Tuesday that Binance has shown intent to acquire
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Billionaires, take note. It's one million times cheaper to send huge sums of money on the Bitcoin (BTC) blockchain. A Bitcoin user sent over 50,562 BTC ($1 billion) to an address on the blockchain, paying a fee of just 2,513 Satoshis (the smallest denomination of a Bitcoin), equivalent to half
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Moneygram has launched a new crypto service to allow customers to buy, sell, and store cryptocurrencies using its mobile money transfer app. Initially, three cryptocurrencies are supported, including bitcoin and ethereum. Moneygram’s New Crypto Service Moneygram International Inc. (Nasdaq: MGI) announced the launch of a new cryptocurrency service Tuesday. The official Twitter
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When Satoshi Nakamoto created Bitcoin, the full node client came with a wallet often referred to as Bitcoin-Qt. Nakamoto’s simplified payment verification (SPV) concept was not available until two years later, after the former Bitcoin Core developer Mike Hearn published BitcoinJ in 2011. However, prior to the first SPV client
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Lau wrote that the added USDC on Coinbase Prime would help the company gain assets and aid Coinbase’s ability to conduct similar proposals, while also potentially growing the total addressable market of USDC and boosting its revenue share. Oppenheimer rates Coinbase’s stock with an outperform and $107 price target. Shares
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At a Wednesday meeting, diplomats, representing the bloc's member governments in the EU's Council, signed off on the text of laws which were the subject of a political deals struck in June, apparently without further discussion, a source briefed on the talks told CryptoX. Source
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On Thursday, at the Converge22 event in San Francisco, Circle announced the acquisition of the payment orchestration company Elements. Circle explained that the acquisition includes plans to “quickly scale payment offerings.” Circle says the new service will make it easier for merchants to integrate their existing points of contact with
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As a result of the expansion, USDC will be available on 14 blockchains, having been issued previously on Algorand, Avalanche, Ethereum, Flow, Hedera, Polygon, Solana, Stellar and Tron. Its main rival, the $68 billion USDT, circulates on 13 chains and looks to expand to Polygon, according to Tether's website. Source
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