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Binance CEO Teases Justin Sun Over Huobi’s Name Change Amid $7.9 Million Hack, Offers Hand In Tracking Stolen Assets

Crypto exchanges often find themselves struggling with hackers. But amidst the challenges, there’s always room for a little banter, especially when it comes from industry giants. Changpeng Zhao, better known as CZ, the CEO of Binance, couldn’t resist taking a playful jab at Justin Sun, the founder of Huobi Global, after the latter’s exchange faced...
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Amazon’s $4 Billion Game-Changer: How the Anthropic Investment Can Aid FTX

In recent news, Amazon has expressed its interest in making a substantial investment of $4 billion in Anthropic, a notable player in the field and a direct competitor to OpenAI, the parent company behind ChatGPT. This unexpected development has garnered attention across the tech and cryptocurrency sectors, generating considerable excitement regarding the potential implications for...
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Shanghai Court Recognizes Bitcoin’s Uniqueness, calls it ‘non-replicable’

In a recent announcement, Tron network founder Justin Sun  took to his social media platform to reveal a significant development in the legal recognition of Bitcoin. Sun shared that the Shanghai No. 2 Intermediate People’s Court has officially recognized Bitcoin as a one-of-a-kind digital currency. They believe it’s unlike virtual currencies such as Q coins...
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Crypto vs. SEC: XRP Lawyer Accuses SEC of Fraud Amid Cryptocurrency Regulation Battle

In a recent interview held by Bloomberg, SEC chairperson Gary Gensler was found to disrespect the decision of the Court by advocating his view of applying security laws to cryptocurrencies. Stuart Alderoty, the Chief Legal Officer of Ripple, condemned his statements in a tweet.  Ripple has been fighting consistently to bring legislative clarity to cryptocurrency...
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Significant Threat Looming Crypto, Top CEOs Might Leave US, Says John Deaton

The crypto industry is currently in a precarious position, teetering on the edge of uncertainty. Without swift action, it risks a potential downfall. The US government’s stance towards most crypto assets, excluding Bitcoin, is hostile. Even more concerning is the mounting pressure on companies embracing the trend of relocating outside the US in search of...
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Twitter’s Payment Integration Announcement Sparks Dogecoin Speculation

X is making big moves to revamp its Everything app, including integrating payment solutions on the platform. CEO Linda Yaccarino recently shared a video on the platform hinting at what’s all to come to X, along with the ability to pay users through simple chat features. Are they joining hands with any e-commerce portal as...
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Binance.US Legal Filings Contradict CEO Changpeng Zhao’s Public Statements On Custody Software Use

Changpeng “CZ” Zhao, the CEO of Binance, has publicly spoken out against allegations made by the U.S. Securities and Exchange Commission (SEC). The regulatory body claimed that Binance.US, the American arm of the global cryptocurrency exchange, might have used a custody unit potentially linked to its parent company, thereby exposing clients to a foreign entity....
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Crucial Week Ahead for Crypto: Fed’s Interest Rate Decision, FOMC Meeting, And Binance Vs. SEC Hearing To Capture Attention

The crypto market is preparing for a volatile week, filled with major events that have the potential to shift investor sentiment and alter price trends. From the Federal Reserve’s much-anticipated interest rate decision to the Federal Open Market Committee (FOMC) meeting and the hearing of the legal battle between Binance and the U.S. Securities and...
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Mark Cuban Loses $870K in Metamask Scam But Manages to Save Remaining Assets

Billionaire investor and Dallas Mavericks owner Mark Cuban confirmed a loss of approximately $870,000 in a sophisticated crypto hack. The stolen assets included a diverse basket of cryptocurrencies like Ethereum (ETH), USD Coin (USDC), and Polygon (MATIC). $800,000 got drained just in 5 mins🤯 This time it was one of the most famous american businessman...
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Ripple News: XRP is Under Coordinated Assault Says Crypto Influencer

Despite securing a recent favorable ruling in its ongoing lawsuit with the SEC, Ripple’s native token, XRP, continues to face what appears to be a relentless series of attacks. According to Ashley PROSPER, XRP is the subject of a well-orchestrated assault. He has raised a series of indicators that suggest that not all is well...
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Binance.US Faces Crossroads: Hibernation Strategy or Share Sell-off?

The crippling space of Binance US faced a critical decision regarding its future. Here’s the inside scoop on what transpired: The company explored the possibility of selling shares held by Binance co-founder Changpeng Zhao (CZ) to stay on track with its growth plans. However, it ultimately opted to reduce its workforce by one-third instead. Is...
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Binance May Get a US DOJ Sealed Indictment, Deaton Says This May Change the Game for Binance

Binance the crypto giant is facing legal trouble, senior resignations, and even DOJ investigations. Binance’s token, BNB, is taking a hit. Could it be that Binance is selling Bitcoin from its balance sheet to support its token? In a recent X post, Deaton is now wondering if Binance will challenge the SEC’s decision to keep...
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Will FTX’s $3.4 Billion Selloff On September 13 Be A Tipping Point For Solana And The Crypto Market?

FTX, formerly a top-tier cryptocurrency exchange now facing bankruptcy, is seeking court approval for a colossal $3.4 billion crypto selloff scheduled for September 13. The mere announcement of this planned liquidation has already sent the market into a downturn, signaling potential bearish trends for Wednesday. Notably, FTX holds a substantial amount of Solana, among other...
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Ripple’s Latest Security Breakthrough : Your Identity, Your Blockchain

David Schwartz, the Chief Technology Officer (CTO) of Ripple, had an important insight when looking at Bitcoin. He noticed that even though Bitcoin was getting bigger, most of the world’s valuable things were not part of Bitcoin. This made him realize that we needed “bridges” to connect the traditional financial world with the new cryptocurrency...
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The Latest in Ripple vs. SEC: Weekly News Roundup!

The prolonged legal battle between Ripple, a blockchain payments company, and the U.S. Securities and Exchange Commission (SEC) has been capturing widespread attention from the very beginning. This case, which has been in the spotlight for months and years, carries significant implications for the entire cryptocurrency industry, and it has become a subject of keen...
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Bitcoin Spot ETF Anticipation: Why Isn’t the Market Reflecting Strength?

Amidst growing anticipation for the imminent launch of a Bitcoin Spot ETF, market observers have been left puzzled by what appears to be a relatively muted response. In an attempt to shed light on this conundrum, prominent crypto analyst and YouTube personality, Crypto Rover, has shared some valuable insights. The general consensus is that a...
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Swiss Crypto Bank SEBA Breaks Barriers in Hong Kong – Is the US Falling Behind?

Swiss Bank SEBA has taken a significant leap forward by securing permission to conduct cryptocurrency operations in Hong Kong. On Wednesday, the Hong Kong regional branch of the Swiss crypto bank received an approval-in-principle (AIP) from the city’s securities regulator. This marks the initial step towards becoming a licensed virtual asset service provider in the...
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Coinbase Adds Support for PayPal USD (PYUSD)

In an interesting development that brings together regular finance and the growing crypto world, Coinbase has announced that it will add PayPal’s stablecoin, PYUSD, to its platform. This comes right after Kraken also started allowing people to trade with PYUSD. This is a big step in making more people use this stablecoin. However, a warning...
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Judge Rakoff Gives Green Light to SEC’s Probe into Terra Co-Founder

Amidst swirling allegations, the US Securities and Exchange Commission (SEC) has received approval to join hands with their South Korean counterparts, as per a recent report. This cooperative effort will further dive into the intriguing case involving Terraform Labs’ co-founder, Daniel Shin, and the prominent payments entity, Chai Corp. Deepening the Investigation: SEC’s Global Pursuits...
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Tether ends USDT support for OmniLayer, Kusama and BCH-SLP

Tether will stop supporting three blockchains – Bitcoin Omni, Bitcoin Cash SLP, and Polkadot’s Kusama test chain. This change aims to meet community needs and encourage innovation. On these blockchains, there’s about $240 million USDT on Omni, $986,000 on Bitcoin Cash SLP, and $1.49 million on Kusama. They wrote, “Tether will embark on a strategic...
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Goldman Sachs Predicts Pause in Interest Rate Hikes, Potentially Boosting Crypto Market

In light of ongoing inflation concerns, Goldman Sachs’ market experts are forecasting the Federal Open Market Committee (FOMC) to momentarily hit the brakes on interest rate hikes this coming September. Subsequent to this potential pause, rates are anticipated to dip—a shift that could signal a sunnier outlook for stocks, Bitcoin, and the broader cryptocurrency market....
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Ethereum Co-Founder Expresses Strong Views on XRP’s Centralization

In a rece­nt video that has been wide­ly shared, Vitalik Buterin, co-founder of Ethe­reum, openly expre­ssed his criticism of XRP. He state­d that he believe­s XRP is still completely centralize­d. During a discussion about the crite­ria for crypto projects’ participation in the industry, Buterin me­ntioned that not every proje­ct is required to follow dece­ntralization principles....
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Ripple News: John Deaton Warns of Potential Backfire as US SEC Appeals XRP Ruling

In XRP pump and dump sessions, the outcry is based on the lawsuit. On this Crypto lawyer John Deaton has shared his thoughts on the SEC’s move to appeal the XRP lawsuit. He explains that the SEC wants to challenge parts of the court’s decision early, even before the main case ends. This could give...
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Coinbase Sets Sights On Boosted Revenue As ‘Base’ Mainnet Debuts For Public Use

Coinbase, one of the leading cryptocurrency exchanges, has leaped onto the blockchain innovation stage with ‘Base’ – the first decentralized blockchain mainnet launched by a publicly traded company. Coinbase-supported ‘Base’ network is now officially accessible to the public. Milestone For Coinbase Amid SEC Clash Coinbase’s ‘Base’ mainnet is now officially available to the public, boasting...
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Will Coinbase Delist Cardano (ADA) and Other 13 Altcoins? CEO Weighs In

Delisting digital tokens is becoming a hot topic in the crypto world, especially due to unclear regulations. The CEO of Coinbase, a major U.S. cryptocurrency exchange, believes that removing 13 tokens including Cardano (ADA) without clear justification is unfair. However, this situation arises from a legal battle with the U.S. Securities and Exchange Commission (SEC),...
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Binance Introduces Shiba Inu as Accepted Collateral Asset

Binance has taken an innovative step by incorporating Shiba Inu (SHIB), among other crypto assets, as a collateral option on its platform. The move not only demonstrates the continual evolution of the crypto-financial landscape but also has sparked significant interest in the Shiba Inu ecosystem. Expanding the Horizons Binance has announced a significant expansion of...
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Ethereum’s Security Status Remains Uncertain, Making XRP the Only Crypto With Legal Clarity

Ethereum’s legal status has been a subject of intense scrutiny and uncertainty within the United States, giving rise to debates and concerns in the cryptocurrency community. While XRP has secured its place in the legal framework, Ethereum’s position as a non-security remains unclear. This uncertain legal environment has ramifications not just for Ethereum, but for...
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Apple Faces Legislative Scrutiny Over App Store Policies for Cryptocurrency and NFTs

In a rising tide of legislative scrutiny, Apple Inc. is yet again under the microscope for its app store practices. The focus this time around is on the burgeoning sectors of cryptocurrency trading and non-fungible tokens (NFTs). Today, I sent a bipartisan letter to @Apple regarding iOS App Store policies and their impact on emerging...
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Robert F Kennedy’s Bitcoin Support Sparked by Shocking Canadian Truckers’ Protests

In a recent Twitter Spaces event on Wednesday, Robert F. Kennedy, the Democratic presidential hopeful, expressed his strong support for Bitcoin and demonstrated his commitment by purchasing bitcoins for each of his seven children. Canadian Truckers’ Protests Ignite RFK’s Support for Bitcoin Kennedy’s interest in Bitcoin was sparked during the Canadian truckers’ protests in early...
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US Democrats Challenge Crypto Bill, Signal Potential Consensus On Stablecoin Rules

In a significant development in the US crypto landscape, senior Democrats in the House of Representatives have voiced their opposition to a comprehensive overhaul of financial laws pertaining to crypto assets. However, they have also indicated that a deal on the regulation of stablecoins could be within reach. The Proposed Bill Failed To Meet Expectations ...
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Bitcoin (BTC) $ 95,456.58 0.93%
Ethereum (ETH) $ 3,306.39 1.25%
Tether (USDT) $ 1.00 0.03%
XRP (XRP) $ 2.19 2.21%
BNB (BNB) $ 664.91 0.63%
Solana (SOL) $ 182.51 1.42%
Dogecoin (DOGE) $ 0.313207 0.80%
USDC (USDC) $ 1.00 0.08%
Lido Staked Ether (STETH) $ 3,300.33 1.22%
Cardano (ADA) $ 0.887283 1.17%