A third founding member of embattled crypto exchange platform BitMEX is pleading guilty to breaking a law that requires financial institutions to help the government detect money laundering. According to a new U.S. Department of Justice (DOJ) press release, BitMEX co-founder Samuel Reed is pleading guilty to violating the Bank Secrecy Act weeks after fellow …
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Quantitative analysis conducted on popular blockchain site Etherscan, indicates that 184,441 transactions have been responsible for 10.2 million ETH staked into the Eth2 (consensus layer) deposit contract since inception on Nov 4th last year. This figure is equivalent to over $26 billion based upon current Ethereum prices. Mathematical calculations suggest that the milestone was surpassed during …
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According to a recent report curated by NonFungible, players of the monster-battle nonfungible tokens, or NFTs, game Axie Infinity transacted nearly $3.5 billion worth of NFTs in 2021. This accounts for almost two-thirds of all NFTs transacted in the entire blockchain gaming industry in 2021. In second and third place were sports highlights marketplace NBA …
Christopher Wray, the director of the Federal Bureau of Investigation, said that fiat was a more likely avenue for Russia to explore in circumventing sanctions, given the United States’ ability to block efforts using crypto. In a Thursday hearing of the Senate Select Committee on Intelligence, New Mexico Senator Martin Heinrich asked the FBI director …
Nine Republican senators have backed legislation aimed at directing the policy of U.S. government agencies around concerns that China’s digital yuan may be used to circumvent sanctions and compromise users’ personal information. In a Wednesday announcement, Louisiana Senator Bill Cassidy and Tennessee Senator Marsha Blackburn, backed by seven other Republican senators, proposed the Say No …
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Quick take: Stripe now supports crypto-related businesses This includes crypto exchanges, on-ramps, wallets and NFT marketplaces FTX and FTX.US has also partnered with Stripe for payments and KYC procedures The global payments provider of Stripe has announced that it is now supporting crypto businesses. The development at Stripe was announced by the company’s Co-founder, John …
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March 10, 2022 – Berlin, Germany Midas.Finance, an automated treasury growth protocol, has recently added a groundbreaking system of virtual nodes to its protocol. The new THRONE nodes are upgradable yield-bearing non-fungible tokens (NFTs). Holders of THRONE nodes will receive a sustainable source of passive income and gain exclusive and automatic access to several investment …
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A brother and sister who traveled the world as part of a lavish crypto lifestyle are now facing a reckoning at the hands of the United States criminal justice system. In a new press release, the U.S. Securities and Exchange Commission (SEC) announced that John and JonAtina (Tina) Barksdale have been charged with stealing over $124 …
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March 10, 2022 – Perth, Australia Ninja Syndicate announces three new crypto industry partnerships for their metaverse gaming platform as they prepare for their public utility token sale. International cryptocurrency experts Layah Heilpern, Miss Teen Crypto and Brad Yasar have all joined the Supremacy team as advisors to the blockchain project. Alex Dunmow, chief executive …
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Crypto exchange Binance says that MasterCard and Visa cards issued in Russia cannot be used on its platform after the payments giants decided to suspend their operations in the sanction-hit country. In a statement, the exchange says that Russian-issued MasterCard and Visa cards will not work on Binance starting Wednesday, March 9th. “Effective Wednesday, 2022-03-09 …
Brantly Millegan will be staying on as the director of the Ethereum Name Service Foundation after casting more than 363,300 votes against a decentralized autonomous organization proposal to remove him. According to a tally of roughly 3.7 million ENS DAO votes recorded at the end of the voting period on March 5, more than 1.6 …
This March, Cointelegraph Research will release a 30-page report about GameFi — the term used to describe the marriage of blockchain-based games with decentralized finance (DeFi). The report analyzes five popular play-to-earn (P2E) games, the economics of GameFi and the future development of an industry responsible for more than 55% of all crypto transactions in …
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Waves (WAVES) continued its price rally further into this week, even as its top crypto rivals wobbled between losses and gains elsewhere in the market. A 230% Waves boom The WAVES/USD trading pair surged by nearly 75% this week to reach around $31, its best level since Oct. 28, 2021. Its rally came as a part …
The market capitalization of gold-backed crypto tokens increased by 60% in 2022 to surpass $1 billion for the first time in history, according to Arcane Research in its latest weekly report. Gold shines, Bitcoin disappoints In 2022, investors have been rushing to the perceived safety of gold-backed crypto assets, whose value is pegged to the …
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Tradeforukraine.com is a financial sector donation tracking website aimed at raising awareness and funds to help Ukraine. *A note from the Editor — this is an unpaid guest post from Trade for Ukraine published by Bitrates to support their cause.* TradeForUkraine.com is a website dedicated to honoring the trading industry participants that made their contribution …
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