Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,680,267,820,346.29
  • 24h Vol: $49,884,729,726.09
  • BTC Dominance: 58.43%

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el-salvador-considers-opening-second-bitcoin-embassy-in-texas-to-boost-economic-exchange

El Salvador Considers Opening Second Bitcoin Embassy in Texas to Boost Economic Exchange

Leave a Comment / alejandro zelaya, Bitcoin, Bitcoin adoption, Bitcoin Embassy, blockchain technology, commercial exchange, cross border transactions, Crypto Hacked, Crypto regulation, Cryptocurrency, currency risks, debt obligations, decentralized finance, Digital Assets, digital assets issuance law, disinformation, economic exchange, economic projects, El Salvador, Ethereum, financial sector, government officials, IMF mission statement, International Monetary Fund, Joe Esparza, Latin America, Lugano, Media, Milena Mayorga, Nayib Bukele, News, peer-to-peer transactions, slow adoption, Switzerland, Texas / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Feb. 14, 2023, Milena Mayorga, the Salvadoran ambassador to the United States, announced that her country is considering opening a second bitcoin embassy in the Lone Star State. Mayorga said that Texas is “our new ally” and the goal is to expand “commercial and economic exchange projects.” Ambassador Milena Mayorga Fosters Growing Relationship Between […]

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former-ftx-executive-accused-of-fueling-a-charity-through-discounted-ftt-purchase

Former FTX Executive Accused of Fueling a Charity Through Discounted FTT Purchase

Leave a Comment / AI research, alternative investments, anonymous sources, Bankruptcy Case, Bitcoin, charitable donations, Cooperative AI Foundation, Crypto Hacked, Cryptocurrency, Digital Assets, Digital Currency, Digital Tokens, employee discount, Ethereum, Financial Markets, Financial Technology, FTT, FTT Token, ftx, FTX Token, fundraising, News, Polaris Ventures, Ruairi Donnelly, token sale, unpaid wages, Virtual Currency / / / , , , , , , , , , , , , , , , , , , , , , , ,

A former executive of FTX allegedly earned profits for a charity by purchasing discounted FTX tokens, FTT, before they became available to the public at $0.05 per unit, according to a report citing anonymous sources. Ruairi Donnelly, the former chief of staff at FTX, has been accused of donating the tokens to Polaris Ventures, a

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silvergate-bank-becomes-most-shorted-stock-in-us,-but-sees-boost-with-citadel-securities-stake

Silvergate Bank Becomes Most Shorted Stock in US, but Sees Boost With Citadel Securities Stake

Leave a Comment / Alameda Research, Bitcoin, Charles Schwab Corp, citadel securities, crypto exchange, Crypto Hacked, Cryptocurrency, Dollar, Earnings Report, EDX Markets, Ethereum, Exchange rates, Fidelity Digital Assets, Financial Industry Regulatory Authority, financial institution, ftx, future, investment, La Jolla-based bank, loss, Market Data, negative news, News, Position, Q4 2022, rebound, Schedule 13G, SEC, SEC filing, shares, shorted stock, Silvergate Bank, silvergate capital, Silvergate's stock, stock rise, United States, unknown, Worth / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Recent data shows that Silvergate Bank, a crypto-friendly financial institution, has become the most shorted stock in the United States, according to the Financial Industry Regulatory Authority. On Tuesday, Silvergate’s stock saw a rise after it was discovered that Citadel Securities holds a 5.5% stake in the bank, according to a Schedule 13G filing with

Silvergate Bank Becomes Most Shorted Stock in US, but Sees Boost With Citadel Securities Stake Read More »

sec-and-cftc-lawsuits-against-former-ftx-ceo-paused-until-criminal-proceedings-conclude

SEC and CFTC Lawsuits Against Former FTX CEO Paused Until Criminal Proceedings Conclude

Leave a Comment / alameda, Allegations, Bitcoin, campaign finance violations, CFTC, civil lawsuits, commodities fraud, criminal proceedings, Crypto Hacked, Cryptocurrencies, Cryptocurrency, cryptocurrency industry, customer deposits, Damian Williams, Ethereum, Federal Election Commission, federal grand jury, fiat currencies, Financial regulators, Fraud, ftx, judicial overlap, Manhattan, Money Laundering, motion to stay, new york judge, News, outcome, Sam Bankman-Fried, SEC, securities fraud, Southern District of New York, Trial, U.S. Attorney, Wire Fraud / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Two civil lawsuits, stemming from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), against former FTX CEO Sam Bankman-Fried will be paused until his criminal proceedings are complete. US Attorney Requests Pause on SEC and CFTC Lawsuits to Prevent ‘Judicial Overlap’ According to the latest decision by a New

SEC and CFTC Lawsuits Against Former FTX CEO Paused Until Criminal Proceedings Conclude Read More »

bakkt-shifts-focus-to-b2b-technology-solutions,-plans-to-discontinue-consumer-app

Bakkt Shifts Focus to B2B Technology Solutions, Plans to Discontinue Consumer App

Leave a Comment / ACCESS, Apex Crypto, Apex Crypto acquisition, Apex Fintech Solutions, API, app documentation, Assets, B2B technology solutions, B2B2C strategy, Bakkt, Bakkt Crypto, Bakkt Holdings Inc., Bitcoin, Cash, ceo, compliant platform, consumer app users, consumer application, consumer business venture, core solutions, Crypto, Crypto Hacked, Cryptocurrency, deactivated, discontinue, Ethereum, future updates, Gavin Michael, Go, investment, loyalty experiences, Loyalty Points, new web experience, News, pending acquisition, product-market fit, Rewards, SaaS, scale quickly, secure, shift focus, specific loyalty program, statement, Visa-branded debit cards / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Bakkt Holdings Inc. announced Monday that it will solely focus on business-to-business technology solutions and discontinue its consumer application. The company stated that the app will officially be discontinued on March 16, 2023, and app users will continue to have access to all of their assets. Bakkt Consumer App to Sunset, Loyalty Points Still Accessible

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brazilians-will-be-able-to-pay-taxes-with-crypto

Brazilians Will Be Able to Pay Taxes With Crypto

Leave a Comment / banco do brazil, Binance, Bitcoin, Bitfy, brazilian reales, Brazilians, Crypto Hacked, Cryptocurrency, Ethereum, latam, Lucas Schoch, News, Taxes / / / , , , , , , , , ,

Brazilians will now be able to pay part of their state taxes using cryptocurrencies. Banco do Brazil, a mixed ownership bank, is launching the option of paying a set of taxes with crypto, using Bitfy, a Brazilian cryptocurrency startup, as a payment processor, exchanging the cryptocurrencies paid for Brazilian reals on the fly. Brazilians Will

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paxos-receives-wells-notice-from-sec,-nydfs-orders-issuer-to-stop-minting-busd

Paxos Receives Wells Notice from SEC, NYDFS Orders Issuer to Stop Minting BUSD

Leave a Comment / $16.1 billion, $492 million, $898.16 million, 5 billion, 9, alleged violations, Binance, Binance USD, Bitcoin, BUSD, circulating supply, Crypto Hacked, Cryptocurrency, enforcement action, Ethereum, financial institution, founded, investor protection laws, ItBit, limited-purpose trust charter, Market Capitalization, monitor, News, NYDFS, PAXG, Paxos, Paxos Trust Company, probe, redemptions, SEC, securities regulator, situation, Stablecoin, stablecoin issuers, Supply, technology company, unregistered security, USDP, wells notice, year-to-date statistics / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to a report published on Feb. 12, 2023, the New York-based financial institution and technology company, Paxos, has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) regarding alleged violations of investor protection laws. Paxos revealed the following day that it would no longer mint BUSD and it was ending its

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coinbase-argues-its-staking-services-are-not-securities,-criticizes-sec-regulatory-approach

Coinbase Argues Its Staking Services Are Not Securities, Criticizes SEC Regulatory Approach

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Coinbase, one of the biggest cryptocurrency exchanges in the U.S., has stated that the staking services offered on its platform do not constitute securities. The statements, made in the wake of the $30 million settlement that Kraken, another U.S.-based crypto exchange, completed with the U.S. Securities and Exchange Commission (SEC), also criticize the institution’s approach

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house-republicans-demand-answers-from-sec-over-ftx-co-founder’s-arrest

House Republicans Demand Answers From SEC Over FTX Co-Founder’s Arrest

Leave a Comment / American people, Arrest, Bill Huizenga, Bitcoin, Chairman, co-founder, Committee on Financial Services, communications, Cooperation, cracking down, Crypto Hacked, Cryptocurrency, deadline, department of justice, division of enforcement, DOJ Enforcement, enforcement agency, Ethereum, ftx, Gary Gensler, House Financial Services Committee, House of Representatives, investigating, jurisdiction, Letter, News, Office of the Chair, patrick mchenry, process, questions, Records, Republicans, Rules of the House of Representatives, Sam Bankman-Fried, SEC, SEC arrest, SEC enforcement, SEC-DOJ action, staking services, testimony, timing, Transparency, United States / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Feb. 10, 2023, Republicans Patrick McHenry of North Carolina and Bill Huizenga of Michigan, both members of the U.S. House of Representatives, sent a letter to Securities and Exchange Commission (SEC) chairman Gary Gensler seeking answers about the arrest of FTX co-founder Sam Bankman-Fried prior to his scheduled testimony before the House Financial Services

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