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May 8, 2024
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LocalMonero exchange shuts down as crypto privacy services dwindle

The peer-to-peer trading platform for privacy coin Monero (XMR) has ceased operations immediately, marking another closure in the recent wave of crackdowns on crypto privacy.   […]
May 8, 2024
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Grayscale withdraws its Ethereum futures ETF application

Grayscale has pulled its application for a Ether futures exchange-traded fund (ETF), just weeks before the SEC’s scheduled decision date. Here’s what happened:   Application Withdrawal […]
May 8, 2024
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FTX proposes ‘billions in compensation,’ but not everyone’s happy

FTX, the cryptocurrency exchange that collapsed in 2022, has unveiled a new proposal to compensate victims, promising to repay all creditor claims along with additional compensation […]
May 8, 2024
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Financial system ‘outdated’ but crypto is no fix either — US swing voters

A survey conducted by the Digital Currency Group and the Harris Group sheds light on swing state voters’ perspectives on the financial system and cryptocurrency.   […]
May 8, 2024
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Ex-Digitex Futures Exchange CEO pleads guilty to violating Bank Secrecy Act

Adam Todd, founder and former CEO of Digitex Futures Exchange, has pleaded guilty in federal court for failing to establish an Anti-Money Laundering (AML) program at […]
May 8, 2024
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Philosopher Yuval Noah Harari warns of AI’s risks in finance

During a speech at the Bank for International Settlements (BIS) Innovation Summit, author, philosopher, and history professor Yuval Noah Harari raised concerns about the uncontrolled integration […]
May 8, 2024
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WBTC thief spreads $71M loot across multiple crypto wallets

After six days of quiet, stolen crypto funds linked to a recent $71 million wallet impersonation scam are back in motion.   The Bait and Switch […]
May 8, 2024
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SEC’s Gary Gensler gets irked being asked about crypto

Gary Gensler, Chair of the United States Securities and Exchange Commission (SEC), expressed exasperation with the disproportionate focus on crypto-related questions compared to traditional finance during […]
May 8, 2024
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SEC files final response in Ripple XRP case

Ripple Labs and the United States Securities and Exchange Commission (SEC) have moved forward in their legal dispute, reaching a pivotal stage as the SEC submits […]
May 8, 2024
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NBA, football, NASCAR stars cough up $2.4M in Voyager promo suit

Three prominent American sports figures have collectively agreed to pay $2.42 million to settle allegations related to their promotion of the failed cryptocurrency exchange Voyager Digital. […]
May 10, 2024
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SEC has taken ‘too expansive’ a view of crypto, says former commissioner

Former SEC Commissioner Troy Paredes raised concerns about the regulator’s expansive interpretation of digital assets as securities, suggesting it may be overreaching its jurisdiction. Speaking at […]
May 10, 2024
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Marathon Digital misses Q1 estimates on bad weather, utility failures

Bitcoin miner Marathon Digital faced a revenue shortfall in its first quarter 2024 results, attributing it to adverse weather conditions and equipment failures. Despite a significant […]
May 10, 2024
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Base set for ‘material share’ of SocialFi activity: Franklin Templeton

Trillion-dollar asset manager Franklin Templeton has identified the emergence of “Base Season” alongside the rise of Social Finance (SocialFi) applications, with Base positioned as a leading […]
May 9, 2024
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Rwandan central bank proceeds with ambitious retail CBDC project

The National Bank of Rwanda (BNR) has taken a significant step towards embracing digital currency innovation by initiating a feasibility study on a retail Central Bank […]
May 9, 2024
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Robinhood Q1 crypto trading surges 224% — SEC action ‘disappointing’

During the Q1 earnings call, Robinhood CEO Vladimir Tenev expressed disappointment at the recent Securities and Exchange Commission (SEC) Wells notice, which targeted the firm’s crypto […]
May 9, 2024
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President Biden says he would veto resolution countermanding SEC crypto rule

The Biden administration has issued a statement indicating its intention to veto a joint resolution concerning crypto policy at the Securities and Exchange Commission (SEC) if […]
May 9, 2024
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Optimism to roll out new Superchain features for layer-3 devs

Optimism, a leading Ethereum scaling solution provider, is poised to enhance its blockchain throughput by embracing layer-3 applications on top of the OP Stack.   Welcoming […]
May 9, 2024
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House votes to nullify SEC’s anti-crypto banking guidance SAB 121

The United States House of Representatives recently voted to pass a bill aimed at overturning controversial Securities and Exchange Commission (SEC) guidance prohibiting banks from owning […]
May 9, 2024
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Crypto degens ‘hungry’ for next big SocialFi breakthrough — K33 Research

Crypto enthusiasts are eagerly seeking the next big thing within the Social Finance (SocialFi) sector, according to insights from analysts at K33 Research. Despite facing challenges […]

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