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Connecticut Banking Regulator Fines Crypto ATM Operator Bitcoin of America

May 23, 2023 0

According to the Connecticut Department of Banking, commissioner Jorge Perez revealed that the regulator has reached a settlement with the crypto automated teller machine (ATM) and kiosk operator Bitcoin of America. As part of the settlement, Bitcoin of America will pay $86,000 in restitution,

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Harvest 3 Reveals Next Gen Yield Farming Platform, Featuring Support for Verse DEX by Bitcoin․com

May 23, 2023 0

PRESS RELEASE. Harvest Finance, a leading DeFi platform since mid-2020, is thrilled to announce the launch of its latest product offering, Harvest 3. This platform update introduces a suite of new features and an improved user experience, including the expansion of yield farming opportunities with support for Bitcoin.com’s Verse DEX decentralized exchange. The first

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Biggest Movers: SHIB, BNB Rebound From Key Price Floors on Tuesday

May 23, 2023 0

Shiba Inu climbed to a two-week high on Tuesday, as bullish sentiment returned to cryptocurrency markets. The meme coin rose by as much as 2% in today’s session, as the global crypto market cap surged by the same amount. BNB was another notable gainer today. Shiba Inu (SHIB) Shiba inu (SHIB) rose to a multi-week […]

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Bitcoin Stamps Approach 50,000 Recorded on Blockchain Alongside Introduction of SRC20 Tokens

May 23, 2023 0

With nearly nine million Ordinal inscriptions, the trend that followed, called Bitcoin Stamps, is nearing a milestone of nearly 50,000 stamps recorded on the Bitcoin blockchain. Additionally, similar to the BRC20 token economy, the Bitcoin Stamps concept has provided users with the ability to mint fungible tokens with a standard called SRC20. Bitcoin Stamps Inch […]

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JPMorgan Boss Warns ‘Everyone Should Be Prepared’ for Interest Rates ‘Going Higher From Here’

May 23, 2023 0

JPMorgan Chase, the largest bank in the United States, held its investor day event on Monday, where CEO Jamie Dimon answered questions from analysts and journalists. Despite market expectations of a rate hike pause, Dimon cautioned that people “should be prepared for rates going higher from here.” The billionaire banker also discussed the potential for […]

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Bitcoin, Ethereum Technical Analysis: Dollar Weakness Pushes BTC Higher, as Biden Fails to Secure Debt Deal

May 23, 2023 0

Bitcoin rebounded on Tuesday, as a result of weakness in the U.S. dollar, following failed talks to tackle the debt ceiling crisis. President Biden stated, “We reiterated once again that default is off the table and the only way to move forward is in good faith toward a bipartisan agreement.” Bitcoin Bitcoin (BTC) rose above […]

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Undeads Metaverse Completes Mint and Generates $1 Million in Sales

May 23, 2023 0

PRESS RELEASE. Undeads Metaverse, AAA survival Web3 game, proudly announces the completion of its first mint amidst the prevailing crypto winter market. This achievement underscores the resilience of high-quality projects backed by experienced teams, demonstrating their ability to thrive even in adverse market conditions. Despite encountering external hurdles within the

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EU Spokesperson: Russian Banks Will Not Be Reconnected to SWIFT Anytime Soon

May 23, 2023 0

The European Union (EU) has no intention of allowing Russian banks to be reconnected to the Society for Worldwide Interbank Financial Telecommunications (SWIFT) banking system anytime soon. Peter Stano, spokesperson for external affairs of the EU, stated that these restrictions can only be lifted or softened when the Russia-Ukraine conflict ends. EU Has No Intention […]

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DCG Fails to Make $630M Payment to Creditors Amid Genesis Negotiations, Says Gemini

May 23, 2023 0

In the midst of the financial dispute between crypto exchange Gemini and Digital Currency Group (DCG), Gemini has alleged that DCG failed to make a payment of around $630 million that was due last week. In response, Gemini has stated that it may extend “forbearance” to DCG in order to prevent a default. DCG’s Alleged […]

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Latam Insights — Venezuela’s Maduro States De-Dollarization Is ‘Inevitable,’ Argentina Raises Interest Rates to Close to 100%

May 23, 2023 0

Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue, Venezuela makes a push for de-dollarization, the Central Bank of Argentina raises interest rates to close to 100%, and Brazil breaks the U.S. dollar parity import price peg for fuel. […]