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SEC Denied Immediate Access to Binance US Infrastructure

September 19, 2023 0

In a setback for the government, a federal judge rejected a request by the U.S. securities regulator to inspect the technological infrastructure of Binance US. The U.S. Securities and Exchange Commission (SEC) accuses the American subsidiary of the leading crypto exchange of non-cooperation

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Udao Announces First Public Presale For Revolutionary Web3 Skills Economy Platform

September 19, 2023 0

PRESS RELEASE. Switzerland – September 19, 2023 – Udao, a global Web 3.0 platform designed to empower users to learn new skills and match them to relevant job opportunities, announces its first public presale event. This provides an opportunity to everyone to engage in the Web 3.0 transformation of the education sector. To participate in […]

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Bitcoin, Ethereum Technical Analysis: BTC Remains Above $27,000, Following Moving Average ‘Death Cross’

September 19, 2023 0

Bitcoin continued to trade above the $27,000 level on Tuesday, after a crossover of moving averages triggered a return of bullish sentiment. The move pushed price to a multi-week high, with the global market cap trending over 1% higher. Ethereum also extended recent gains. Bitcoin Bitcoin was once again trading above the $27,000 level on […]

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‘Embracing Tokenization Now Is a Strategic Move for the Future’ — Metatime CEO Yusuf Sevim

September 19, 2023 0

While tokenization of real-world assets (RWAs) like gold and real estate is a prospect that unnerves stakeholders in traditional financial systems, according to Yusuf Sevim, the co-founder of the decentralized protocol Metatime, this can potentially bring with it “immense benefits.” Enhanced liquidity for real estate markets is one benefit that accrues to players in the

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Blockchain Data Visualization Startup Bubblemaps Secures $3.2M in Seed Funding

September 19, 2023 0

Paris-based Bubblemaps, a firm specializing in blockchain data visualization, announced on Monday that it had secured $3.2 million in seed funding from a group of investors. Bubblemaps stated that the newly acquired funds would be directed toward a mission to increase access to blockchain data, serving both individuals and institutions. Bubblemaps Raises $3.2M to Boost

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Bank of Russia Governor Elvira Nabiullina: ‘Cash Is Not Going Away’

September 19, 2023 0

Elvira Nabiullina, Governor of the Bank of Russia, talked about the future of cash in the context of the digital ruble pilot currently being executed in the country. Nabiullina explained that physical money was not disappearing and that the future implementation of the digital ruble was directed to offer payment options to users. Bank of […]

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From MATIC to POL: Polygon’s 2.0 Upgrade Targets Internet-Level Scalability

September 19, 2023 0

Details have been released about Polygon’s upcoming upgrade, Polygon 2.0. The company, known for its Ethereum scaling solutions, has introduced a few Polygon improvement proposals (PIPs) as part of its shift to a network of interconnected zero-knowledge-powered chains. Polygon 2.0 Unveiled in 3 PIPs According to the announcement, Polygon 2.0 focuses on scalability and

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South Korean Authorities Take Aim at Unregulated Crypto OTC Desks Amid Money Laundering Concerns

September 19, 2023 0

South Korean prosecutors and regulators are directing their attention toward reported issues concerning unregulated cryptocurrency-based over-the-counter (OTC) trading and deposit enterprises. During the third annual prosecutors’ conference, officials proposed the necessity for enhanced regulation in the crypto sphere, citing concerns that these enterprises facilitate

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Circle CEO Jeremy Allaire: Stablecoin Bill Unlikely to Be Signed Into Law

September 19, 2023 0

Jeremy Allaire, CEO of Circle, the issuer of USDC, the second-largest stablecoin in the market, has shared his skepticism about the passing of a stablecoin law anytime soon. On Laura Shin’s podcast, Unchained, Allaire explained that, while there is a consensus about the importance of regulating stablecoins in the U.S., he doesn’t believe that the […]

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SEC’s Call for Full Disclosure: Court Asked to Order Inspection of Binance US

September 18, 2023 0

The U.S. Securities and Exchange Commission (SEC) filed a reply to support its motion to compel Binance Holdings Limited to comply with expedited discovery related to customer assets. The reply comes after months of alleged delays and incomplete responses from Binance as it fights a lawsuit alleging it violated federal securities laws. SEC Seeks Court-Ordered […]