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Crypto Influencer Bitboy Flies to the Bahamas to Question Former FTX Exec Sam Bankman-Fried

November 27, 2022 0

It’s been 16 days since FTX filed for Chapter 11 bankruptcy protection in the U.S. and the former FTX CEO Sam Bankman-Fried (SBF) is allegedly still hunkering down at his seaside resort in the Bahamas. This weekend, the Youtuber known as Bitboy decided to fly down to Nassau in order to question

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Vitalik on Suspect Centralization, FTX’s ‘Absolute Fraud,’ Coinbase Confirms Bitcoin Holdings — Week in Review

November 27, 2022 0

As the smoke starts to clear around the massive crater left by the FTX disaster, Ethereum co-founder Vitalik Buterin has shared his thoughts on the ether community’s view of centralization. In related news, CME Group CEO Terry Duffy recalls in March when he called former FTX boss Sam Bankman-Fried an “absolute fraud.” Implosions notwithstanding, Coinbase […]

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Putin Calls for International Settlements Based on Blockchain and Digital Currencies

November 27, 2022 0

Russian President Vladimir Putin believes a new system for international money transfers is needed to reduce dependence on big banks and third parties. He is convinced that cross-border payments relying on digital currency and distributed ledger technology will be “much more convenient.” Russia’s Head of State Urges for Blockchain-Powered International Payments President

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New Naira Banknotes to Make Monetary Policy More Effective — Nigerian Central Bank Governor

November 27, 2022 0

The Central Bank of Nigeria governor, Godwin Emefiele, has said the newly designed naira banknotes are set to enhance the effectiveness of the organization’s monetary policy and bolster the financial inclusion cause. Forcing Currency Hoarders to Return to the Banking System According to the Nigerian central bank governor, Godwin Emefiele, the recently launched naira

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Ghana Takes Steps to Operationalize Gold-for-Oil Scheme — Move Expected to Help Halt Cedi’s Depreciation

November 27, 2022 0

According to directives issued by Samuel A. Jinapor, the Ghanaian minister for lands and natural resources, large-scale gold mining companies will be required to “sell 20% of all refined gold at their refineries to the Bank of Ghana.” A gold-for-oil scheme is part of the Ghanaian government’s plan to stop the further dwindling of the […]

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Bitcoin and Ether Are Not Securities in Belgium, Financial Regulator Clarifies

November 27, 2022 0

Cryptocurrencies like bitcoin and ether cannot be classified as securities or investment instruments, according to a communication issued by the financial watchdog in Belgium. The authority has tried to clarify the matter, noting that the digital coins may be subject to other regulations. FSMA: Securities Laws Do Not Apply to Bitcoin and Other Decentralized

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Elon Musk Plans to Launch Alternative Phone if Apple, Google Boot Twitter off Their App Stores

November 27, 2022 0

Tesla CEO and Twitter boss Elon Musk says he will make an alternative phone if Apple and Google boot Twitter from their app stores. Many people want him to go ahead with a phone launch even if Apple and Google do not deplatform Twitter. Elon Musk Could Launch Alternative Phone to Compete With Apple and […]

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Robert Kiyosaki: I’m Still Bullish on Bitcoin — Crypto Cannot Be Blamed for FTX Collapse

November 27, 2022 0

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, is still bullish on bitcoin despite the collapse of crypto exchange FTX. He stressed that the cryptocurrency cannot be blamed for the actions of former FTX CEO Sam Bankman-Fried. Robert Kiyosaki Still Bullish on Bitcoin The author of Rich Dad Poor Dad, […]

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After More Than 380 Days, Crypto Supporters Celebrate Surviving the Second-Longest Bitcoin Bear Market

November 27, 2022 0

On Saturday, members of the forum r/cryptocurrency discussed how the current bear market is now the second-longest bear market in the history of bitcoin prices. According to the forum post, the current crypto winter has lasted more than 380 days, just below the longest bitcoin downturn that took place during the 2013-2015 bear market, which […]

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Binance CEO: Most Governments Understand Crypto Adoption Will Happen Regardless

November 26, 2022 0

Binance CEO Changpeng Zhao (CZ) says that most governments know that crypto adoption will happen regardless of what they do. “It’s better to regulate the industry instead of trying to fight against it,” the Binance executive emphasized. Binance’s CEO on Crypto Regulation After FTX Collapse The CEO of Binance, Changpeng Zhao (CZ), talked about cryptocurrency […]