WEMIX Delisting: South Korean Crypto Exchange Upbit Accused of Instigating Token Removal

WEMIX Delisting: South Korean Crypto Exchange Upbit Accused of Instigating Token RemovalAccording to the CEO of Wemade, Henry Chang, the South Korean cryptocurrency exchange Upbit was the brains behind the Digital Asset Exchange Joint Consultative Body (DAXA)’s decision to delist WEMIX. The Wemade CEO accused Upbit of applying different standards and of failing to furnish his company with the token supply guidelines. Wemade Not Formally Notified […]

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Alameda Withdrew $204M in Crypto From FTX US Days Before Exchange Collapsed

Alameda Withdrew $204M in Crypto From FTX US Days Before Exchange CollapsedAlameda Research reportedly withdrew the most funds from FTX US, the U.S. arm of FTX, days before the crypto exchange filed for bankruptcy. The majority of the withdrawn cryptocurrencies were sent to wallets owned by FTX International, “suggesting that Alameda may have been operating to bridge between the two entities,” crypto intelligence firm Arkham said. […]

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Coinbase: Institutional Investors Increased Allocations During Crypto Winter, Long-Term Price Outlook Positive

Coinbase: Institutional Investors Increased Allocations During Crypto Winter — Price Outlook Long-Term Remains PositiveA recent survey sponsored by the Nasdaq-listed crypto exchange Coinbase shows that institutional investors increased their allocations during the crypto winter. The firm emphasized that there is “a strong signal of the acceptance of crypto as an asset class” and “the price outlook over the long term remains positive.” Coinbase’s Institutional Investor Survey The Nasdaq-listed […]

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

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

Elon Musk Plans to Launch Alternative Phone if Apple and Google Boot Twitter off Their App StoresTesla 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

Robert Kiyosaki Says He’s Still Bullish on Bitcoin — Says the Crypto Cannot Be Blamed for FTX CollapseThe 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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Elon Musk Confirms Bankman-Fried Owns 0% of Twitter Despite Reports Claiming a $100M Stake

Elon Musk Confirms Sam Bankman-Fried Owns 0% of Twitter Despite Reports Claiming He Owns $100M StakeTesla CEO and Twitter chief Elon Musk has clarified that Sam Bankman-Fried, former CEO of collapsed crypto exchange FTX, does not own any stake in Twitter. This followed an article published by a Bankman-Fried-backed publication suggesting that Musk took $100 million from the former FTX executive. Elon Musk on SBF’s Alleged Investment in Twitter Elon […]

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Study: 6,100 Crypto ATMs Installed in 2022, Figure 3 Times Less Than in Previous Year

New data has shown that as many as 6,100 crypto and bitcoin automated teller machines were installed in the first eleven months of 2022. The latest figure is approximately three times less than the ATMs that were installed in 2021. The data shows that the United States, which has over 34,000 crypto ATMs, accounts for […]

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US Seizes Domains Used in ‘Pig Butchering’ Crypto Scam

US Seizes Domains Used in 'Pig Butchering' Crypto ScamU.S. authorities have seized seven domains used in “pig butchering” cryptocurrency schemes. “Once the money is sent to the fake investment app, the scammer vanishes, taking all the money with them, often resulting in significant losses for the victim,” the Department of Justice warned. 7 Domains Used in Pig Butchering Crypto Scam Seized The U.S. […]

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Ripple CTO Says One Important Lesson From FTX Meltdown ‘Will Not Be Learned’

Ripple CTO Says One Important Lesson From FTX Meltdown 'Will Not Be Learned'A Ripple executive says there is one important lesson from the meltdown of crypto exchange FTX that he “can say with total confidence will not be learned.” The executive added: “Regulation that punishes after the fact won’t catch it. Investor due diligence won’t either.” One Lesson From FTX Collapse That Won’t Be Learned The CTO […]

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