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COZ and Degenz․wtf Join Forces to Launch a Physical NFT Collection for ‘Shadow Brother Sunday’ at Tribeca Festival

June 9, 2023 0

PRESS RELEASE. FORT COLLINS, CO / June 9, 2023 – COZ, a pioneering community in the blockchain industry, is excited to announce its collaboration with Degenz.wtf, a leading advisory firm, to support Alden Ehrenreich’s directorial debut, Shadow Brother Sunday, with legendary filmmaker Francis

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US Senator Bill Hagerty Warns SEC Actions ‘Pave the Way’ for a CBDC

June 9, 2023 0

Tennesse U.S. senator Bill Hagerty has warned about the consequences of the recent actions of the Securities and Exchange Commission (SEC) against cryptocurrency platforms in the country and the objectives that might be behind these. Hagerty stated that the true motivation behind the lawsuits against Coinbase and Binance is to remove the possible competitors of […]

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Report: Pan-African Crypto Exchange Mara Lays Off Majority of Employees

June 9, 2023 0

African crypto exchange Mara has not only parted ways with a reported 85% of its staff but has cut the salaries of workers that have remained. Although Mara has cast the layoffs as an exercise which aims to remove redundant roles, former employees have said the startup’s ballooning marketing costs partly explain why it has […]

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Ripple CEO Brad Garlinghouse: ‘The SEC Is Throwing Lawsuits at the Wall’

June 9, 2023 0

Brad Garlinghouse, the CEO of Ripple, has criticized the crypto “pro-innovation” stance of the U.S. Securities and Exchange Commission (SEC) and its recent lawsuits against significant exchanges like Coinbase and Binance. Garlinghouse stated that the SEC was “throwing lawsuits at the wall” to distract attention from the debacle of bankrupted exchange FTX. Ripple CEO Brad

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Bitcoin Advocate Nic Carter Accuses ‘Laser-Eyed Maxis’ of Turning Bitcoin Into a ‘Secular Cult’

June 9, 2023 0

In a tweet this week, crypto advocate Nic Carter took aim at those who claim to be bitcoin enthusiasts but have been applauding the U.S. Securities and Exchange Commission’s (SEC) enforcement actions. Carter accused these individuals of turning Bitcoin into a “secular cult” and argued that the “vast majority” of them are actually newcomers to […]

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Biggest Bank in Australia to Limit Transfers to Crypto Exchanges

June 9, 2023 0

Commonwealth Bank of Australia plans to restrict payments to crypto trading platforms, citing the threat of scams. The measure would deal another blow to digital asset exchanges operating in the country where it has been getting harder to deposit funds for cryptocurrency operations. Crypto Traders in Australia to Face Another Restriction on Fiat Deposits Australia’s […]

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Chinese State-Owned Banks Cut Dollar Deposit Rates — Dismiss Government Influence Claims

June 9, 2023 0

Major Chinese state-owned banks have lowered interest rates on U.S. dollar deposits. However, they reportedly dismissed claims that the moves were influenced by the Chinese government, stating that the rate cuts were market-driven. Chinese Banks Reduce Dollar Deposit Rates Major Chinese state-owned banks reportedly cut the maximum interest rates they offer on U.S. dollar

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Lawmaker Calls SEC Enforcement Actions Against Crypto Exchanges ‘Complete Contempt for Congress’

June 9, 2023 0

Several lawmakers have slammed the U.S. Securities and Exchange Commission (SEC) for regulating the crypto industry by enforcement. One lawmaker says the regulator’s latest action against crypto exchange Coinbase “demonstrates a complete contempt for Congress which is in the process of developing a framework.” Another lawmaker stated that if the regulatory framework were

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SEC Chair Gensler Rebuts Claims Crypto Exchanges Lacked ‘Fair Notice,’ Affirms ‘Majority’ of Tokens Are Securities

June 8, 2023 0

U.S. Securities and Exchange Commission Chair Gary Gensler discussed crypto exchanges and digital currencies at the Piper Sandler Global Exchange & Fintech Conference. He insisted that there is “nothing about the crypto securities markets that suggests that investors and issuers are less deserving of the protections of our securities laws.” Gensler reasserted his

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Do Kwon Moved $29 Million Worth of Coins Since Arrest, Prosecutor Says

June 8, 2023 0

Founder of Terraform Labs, Do Kwon, has withdrawn millions of dollars in crypto from an entity linked to his failed blockchain firm, investigators claim. South Korean authorities are now trying to locate the digital assets that have been allegedly transferred since his arrest in Montenegro in March. Prosecutors Try to Trace Tokens for Millions of […]