Crypto research firm founder accused of promoting ICO for compensation
Self-described crypto influencer charged with violating SEC regulations by trading and promoting an initial coin offering under undisclosed financial terms.
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India’s WazirX to delist USDC, apply auto convert to Binance’s stablecoin
WazirX, India’s largest cryptocurrency exchange by trade volume, said it has stopped deposits of stablecoins USDC, USDP and TUSD, and will automatically convert users’ existing balances to Binance’s USD-backed stablecoin BUSD at a 1:1 ratio. See related article: India’s WazirX introduces new ‘learn and earn’ campaign with The Sandbox Fast facts WazirX will begin the…
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Markets: Bitcoin back above US$19,000 while Ether posts strongest gains since post-Merge
Bitcoin rose above US$19,000 in early Tuesday morning trading in Asia after falling below that resistance level overnight for the first time in almost two weeks. Ethereum showed signs of shaking off the post-Merge slump as it gained along with the rest of the top 10 cryptocurrencies by market capitalization. See related article: Ethereum’s PoW…
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Hong Kong encourages firms to bring STO proposals to the SFC
Hong Kong has invited firms interested in security token offerings (STO) to share their proposals with the Securities and Futures Commission (SFC), the regulator’s Fintech department head Elizabeth Wong told digital assets industry representatives last week, according to a press release published on Monday. See related article: Hong Kong regulator: ramp up oversight of virtual…
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SEC, Ripple seek summary judgment in attempt to speed up XRP lawsuit
The argument centers around if Ripple’s XRP sales were offerings of unregistered securities.
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Why DeFi interest rate swaps may be the next frontier of finance
Already a big part of global finance, interest rate swaps can be a boon for DeFi — if it can overcome these challenges, writes Simon Jones of Voltz Labs.
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Ethereum’s PoW forks competing for market share see significant selloff
These PoW forks were created to keep revenue flowing for Ethereum’s miners, but plummeting prices put that plan at risk.
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The world is still far from mass crypto adoption, says Vujinovic of OGroup
Maja Vujinovic, founder and CEO of OGroup, a financial services company with a focus on artificial intelligence and blockchain, spoke to Forkast about the future of digital assets at StartmeupHK Festival 2022.
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Binance’s US$7.5 billion woman sees plenty of promise in bear markets
Yi He, who manages the multibillion-dollar portfolio at Binance Labs, is looking to invest in Web 3.0 projects from infrastructure, application and data to analytics and security.