June 19, 2023

Crypto Platform Wyre Shuts Down to ‘Protect the Best Interest’ of Customers

The cryptocurrency payments company – Wyre – announced it will cease operations, citing current “market conditions.”  The firm has gone through several ups and downs in the past few years, with its main problems starting in 2023 due to the ongoing uncertainty in the digital asset market.  The San Francisco-based crypto entity said it will...
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Crypto.com Refutes Accusations of Proprietary Trading (Report)

One of the leading cryptocurrency exchanges – Crypto.com – was recently rumored to have conducted proprietary trading, whereas some of its teams might have traded assets for profit.  The company rejected the accusations, asserting it has adopted best practices to operate in the industry. Crypto.com Under Fire Five people with direct knowledge of the matter...
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New Upgrade May Bring Workspaces, File Uploading, and Enhanced User Profile Features to ChatGPT  

ChatGPT has been all the rage since its launch in November 2022, and updates, particularly access to GPT-4 version for ChatGPT Plus paid subscribers, have kept it in the news throughout the period so far.  The AI-powered Chatbot may soon have several additional features, including collaborative and connected workspaces. Additionally, users can upload files along...
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Cardano Awaits Crucial Support for Recovery Rally- Here’s the Next Level For ADA Price to Watch Out

Amid the altcoin crash, the price of Cardano (ADA) has been a hot topic of discussion among investors and traders. The digital asset has seen some significant volatility, and market participants are eagerly watching for signs of a recovery rally. The recent market trends have seen Cardano’s price experiencing a downward trajectory. However, before any...
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Binance Moves BTC to New Cold Wallet: Funds SAFU

Crypto exchange giant Binance has moved at least nine figures worth of its Bitcoin to a new blockchain address, the company announced on Monday.  The move has not affected the safety of user funds, which remain locked away with Binance in cold storage.  Massive Move From Binance’s Wallet According to data from Blockchain.com, Binance’s new...
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Hinman Documents From Ripple-SEC Case to Trigger More Decentralization in Crypto: JPM

Analysts at American multinational financial services giant JPMorgan said in a report that the Hinman documents released last week in the Securities and Exchange Commission’s legal tussle with the blockchain payments firm Ripple would likely trigger more decentralization in the crypto realm. The research report, seen by CoinDesk, further noted that the documents provide a...
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TOKEN2049 Singapore Set to Be World’s Largest Web3 Event With Over 10,000 Attendees

[PRESS RELEASE – Please Read Disclaimer] ● Not only Asia’s largest Web3 event, this year’s conference is expected to be the world’s largest of its kind● TOKEN2049 has already surpassed last year’s registration and sponsorship numbers, with numbers steadily climbing ahead of September● Speaker highlights include prolific entrepreneur Balaji Srinivasan; Ethereum Co-Founder Joe Lubin; Galaxy...
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Alex The Doge (ALEX) Aims to Emulate Dogecoin and Become Elon’s New Favorite

[PRESS RELEASE – Frankfurt, Germany, June 19th, 2023] A new dogcoin is aiming to supplant DOGE as crypto’s favorite canine token and to find favor with Elon Musk. Alex The Doge (ALEX) is currently completing its presale, with demand for the novel memecoin proving strong. Interest in ALEX has been attributed to the project’s novel...
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Ripple v. SEC Settlement? Former SEC Director Doubts It, Says Ruling Might Come in Days

It seems that the case between the United States Securities and Exchange Commission (SEC) might soon be headed for trial. The former Director of the SEC’s San Francisco Office, Marc Fagel, speculated on the matter on Twitter, saying that he thinks a ruling might be coming in a few days. Will the SEC Settle With...
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Crypto Live News: Intra-team Conflict Emerges Among Trading Groups at Crypto.com Exchange

Crypto.com has come under scrutiny for its internal trading teams engaged in token trading activities. This development highlights potential conflicts of interest within the digital asset industry. Sources familiar with the matter reveal that Crypto.com, based in Singapore and ranked among the top 10 global crypto exchanges, operates proprietary trading and market-making teams.  US regulators...
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Binance Issues Cease and Desist Order Against ‘Binance Nigeria Limited’

While Binance is busy fighting a pitched legal battle in the U.S., its alleged woes in another part of the world seem to have been unfounded. Entity Previously Unknown to Binance Recently, the Nigerian SEC declared an entity known as Binance Nigeria Limited illegal, forbidding it from doing any business within the African nation. According...
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