U.S. Banking Crisis May be Vindication for Crypto Ecosystem: JPMorgan
Bitcoin rallied in tandem with gold as they are both viewed as hedges to a catastrophic scenario, the report said. Original Source
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U.S
Lending Platform Maple Prepares New U.S. Treasury Pool; MPL Token Rises 23%
Maple is also working on additions to its lending offerings, Powell said during the call. A new feature, internally referred to as Maple Prime, will let borrowers actively manage their collateral positions. The protocol plans to expand into open-term lending, which will let borrowers to open credit lines to borrow
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U.S. SEC Adding Attorneys to Crypto Enforcement Unit, Signals Continued Crackdown
The Securities and Exchange Commission said in March that it was planning to add additional staff to the unit. Source
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U.S. Adds 236K Jobs in March Versus Forecasts for 239K
Data from earlier this week began to hint at some weakness in the labor market, with the ADP on Wednesday reporting just 145,000 private sector jobs added in March versus 210,000 expected. Then on Thursday, the Department of Labor reported weekly initial jobless claims of 228,000 against forecasts for just
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Robinhood Faces $10.2M Penalty From Multiple U.S. States Over Technical Failures, Investor Harm
"In addition, prior to March 2021, there were deficiencies at Robinhood in its review and approval process for options and margin accounts, weaknesses in the firm’s monitoring and reporting tools, and insufficient customer service and escalation protocols that in some cases left Robinhood users unable to process trades even as
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Paxful co-founders’ litigation cites misappropriation of funds, money laundering, U.S. sanctions evasion
A bitter dispute between Paxful’s co-founders, Artur Schaback and Mohamad (Ray) Youssef, in Delaware's courts may have been the real reason behind the Bitcoin marketplace’s sudden closure on April 4. Schaback and Youssef, who started Paxful in 2015 with a shared passion for Bitcoin (BTC), are now litigating the company’s control, with
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Uniswap Topped Coinbase’s Trading Volume in March During USDC Depeg, U.S. Crackdown
The DEX, however, has been unable to maintain elevated periods of trading volumes in the past, CCData noted. Source
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U.S. Treasury Warns That DeFi Used by North Korea, Scammers to Launder Dirty Money
The Treasury's first analysis of illicit finance risks associated with DeFi recommends the U.S. look at enhancements to its existing anti-money laundering regime. Source
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Bitcoin Buckles Day Before U.S. Jobs Report
Bitcoin is showing signs of weakness ahead of a long Easter weekend in many countries and the release of the U.S. jobs report for March on Friday. The world’s largest cryptocurrency by market value dropped 2% in the past 24 hours to below $27,800, after reaching as high as $28,800
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Crypto’s Decentralized Exchanges Saw Most Volume in 10 Months Amid U.S. Crackdown in March
Trading volume on DEXs rose to $133.1 billion in March, the third straight monthly increase, according to DeFiLlama. Source
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