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Stanford University Vows to Return $5.5M FTX Donations; Funds Initially Allocated for Pandemic Prevention

September 20, 2023 0

In the wake of a lawsuit targeting the parents of Sam Bankman-Fried, Stanford University’s spokesperson has announced intentions to give back the millions garnered from FTX and its affiliates. Records indicate that a whopping $5.5 million in gifts to Stanford traces back to the FTX empire.

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Paypal Launches US Dollar-Denominated Stablecoin PYUSD on Venmo 

September 20, 2023 0

On Wednesday, the payment giant Paypal announced that the stablecoin PYUSD is now available on Venmo. Paypal detailed that the stablecoin asset will be available to select Venmo users and fully roll out for all users “in the coming weeks.” Paypal Stablecoin PYUSD Makes Its Way to Venmo Paypal has disclosed that Venmo users can […]

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Metacade Tokens Opened Up to Millions More Investors via Bitget Exchange Listing

September 20, 2023 0

PRESS RELEASE. London, United Kingdom, Date, Chainwire. Metacade, the world’s first community-led gaming platform, has confirmed it will list its token, MCADE, on Bitget on the 20th of September – a strategic move welcomed by investors as it accompanies a number of recent announcements about new collaborations and product updates. Bitget is a popular global […]

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SEC’s Crypto Chief Signals Ramp-Up in Enforcement: ‘We’re Going to Continue to Bring Those Charges’

September 20, 2023 0

According to David Hirsch, head of the U.S. Securities and Exchange Commission’s (SEC) Crypto Assets and Cyber Unit, more enforcement actions against firms that haven’t properly registered with the regulator are expected. Hirsch discussed crypto assets and exchanges Tuesday at an SEC forum in Chicago. SEC Crypto Head Forewarns Tougher Enforcement While the crypto community

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Awakening of 2012 Bitcoins: 8 Transfers Mobilize 520 BTC After 11 Years

September 20, 2023 0

In September 2023, a flurry of dormant so-called “sleeping bitcoins” from 2012 stirred to life. On September 18, a whopping 909 BTC worth more than $24 million changed hands. Not resting there, the momentum carried into the next day when vintage transfers from 2012 mobilized 519.95 bitcoin, boasting a value of over $14 million. September’s […]

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Biggest Movers: XRP, MATIC Move to Multi-Week Highs on Wednesday

September 20, 2023 0

XRP was a big mover on Wednesday, despite cryptocurrency markets mostly consolidating in today’s session. Traders have moved to secure recent gains, ahead of September’s Federal Reserve interest rate decision. Polygon was also in the green, hitting a two-week high in the process. XRP XRP, formerly ripple, was a notable gainer in today’s session, as […]

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Bitcoin, Ethereum Technical Analysis: BTC Consolidates Recent Gains Ahead of FOMC Decision

September 20, 2023 0

Bitcoin retreated from recent highs on Wednesday, ahead of the upcoming U.S. Federal Open Market Committee (FOMC) interest rate announcement. The Fed is expected to keep rates unchanged, despite inflation rising by more than expected in August. Ethereum also gave up gains in today’s session. Bitcoin Bitcoin started the day trading marginally lower, as markets […]

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Kenyan Minister: US Government Recently Foiled Attempt to Detain Worldcoin Representatives

September 20, 2023 0

Kenyan law enforcement recently detained two Worldcoin executives as they attempted to depart the country. According to the Kenyan Interior Minister, the duo were eventually let go after the U.S. government’s intervention. U.S. Government Reportedly Intervenes in Worldcoin-Related Detainment Attempt The Kenyan Interior Minister Kithure Kindiki has said the U.S. government

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What Are Rollups? Ethereum’s Main Scaling Solution Examined

September 20, 2023 0

Rollups are structures that have been designed as a way of scaling Ethereum’s capacity to process transactions and data. They group a bunch of tasks and compute them offchain, only posting the result of these transactions to Ethereum, allowing more data to be piled up on L1 (layer one). Ethereum co-founder Vitalik Buterin has been […]

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Blockchain Capital Doubles Down on Crypto, Launches Two Funds Totaling $580 Million

September 20, 2023 0

Blockchain Capital, a venture capital fund for cryptocurrency builders, has announced the closing of two funds that together total $580 million. The fundraiser, the largest one of the company in its ten years of existence, reveals the interest of investors in the blockchain sector as a source of business opportunities. Blockchain Capital Raises $580 Million […]