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Unlicensed crypto exchanges face shutdown in Hong Kong
Hong Kong’s financial regulator has issued a warning to cryptocurrency exchanges: obtain a license or shut down. The Securities...
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Tether, Solana’s Yakovenko back Oobit with US$25 mln funding
Oobit, a cryptocurrency payments platform, has successfully raised US$25 million in a funding round. The investment was led by Tether,...
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Genesis proposes US$1.6 bln asset sale amid bankruptcy
Genesis Global Trading, the cryptocurrency lending unit of the Digital Currency Group, has filed a motion requesting the authorization of the sale...
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OPNX exchange to cease operations
Su Zhu, co-founder of the cryptocurrency exchange OPNX, has announced the platform’s shutdown, attributing the decision to the legal claims...
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Bybit eyes Hong Kong license: crypto expansion plans
Bybit, a global cryptocurrency exchange, has officially applied for a license to operate in Hong Kong. The application was submitted...
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USDT issuer Tether pockets US$2.85 bln in profits in Q4 2023
Tether, the issuer of the world’s largest stablecoin USDT, has reported US$2.85 billion in profits in the last quarter of 2023, the highest...
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US$112 mln XRP theft hits Ripple’s Larsen
Chris Larsen, the executive chairman of San Francisco-based payments firm Ripple Labs, has been hacked, resulting in the theft of 213 million XRP...
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OpenSea open for acquisition amid NFT market shifts: report
Non-fungible tokens (NFT) marketplace OpenSea is reportedly considering acquisition proposals. According to DL News , OpenSea Chief...
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Transak streamlines crypto conversions with Visa Direct integration
Transak, a Web3 payment platform, has announced a partnership with Visa Direct that aims to streamline cryptocurrency to fiat conversions....
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Solana’s Jupiter trading volume skyrockets ahead of JUP airdrop
Jupiter, a Solana-based liquidity aggregator and decentralized exchange (DEX), has witnessed a significant increase in trading volumes, as the...
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Classic Doom revived on Dogecoin network
Doom, the iconic first-person shooter game from 1993, has found a new home on the Dogecoin blockchain, demonstrating the blockchain’s...
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SEC postpones verdict on Grayscale’s spot Ether ETF
The U.S. Securities and Exchange Commission (SEC) has extended the review period for Grayscale’s spot Ether exchange-traded fund (ETF)...
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JPMorgan downgrades Coinbase to underweight
Coinbase Global Inc., the largest U.S.-based cryptocurrency exchange, has been downgraded by JPMorgan Chase & Co. from neutral to...
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Mt. Gox confirms addresses for BTC repayment plan
Defunct cryptocurrency exchange Mt. Gox has confirmed the Bitcoin addresses for creditor repayments, marking a pivotal step in the long-standing...
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Dogecoin soars to weekly peak amid X Payments buzz
Dogecoin’s value surged to a weekly high of US$0.09, fueled by speculation around X Payments. X Payments, the expected payment...