Company Behind Illicit $24B Telegram Marketplaces Launches Stablecoin
Huione, a Telegram-based illicit marketplace that offers personal data and money laundering services has rolled out its own stablecoin, according to report by blockchain security firm Elliptic. The stablecoin (USDH) was created to “avoid the common freezing and transfer restrictions of traditional digital currencies.” The Huione website adds that...
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Trump to Stop Crypto De-Banking, $FLOCK and Other Meme Coins Could Explode in 2025
Insiders expect Donald Trump to sign crypto executive orders on his first day of presidency, January 20. Namely, Trump could cancel Joe Biden’s crypto de-banking policies and relax crypto accounting regulations. Republicans have also been resisting the March 2022 SAB 121 bulletin. Could the tables turn for crypto as...
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CFTC mulling review of Crypto.com futures contracts linked to Super Bowl bets: report
The CFTC are voting on whether Crypto.com futures contracts, that let investors bet on who will win major football games including the Super Bowl, should be subject to a 90-day review. According to a Bloomberg report published on Jan. 14,…...
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MicroStrategy Buys 2,530 Bitcoin Amid Crypto Market Pullback – Will BTC Recover?
As Bitcoin (BTC) retests the $90,000 price level after tumbling almost 9% in the past week, institutional investors and corporations are seizing the pullback as an opportunity to increase their BTC reserves. Business intelligence firm MicroStrategy is one such entity, having purchased 2,530 BTC during the ongoing market downturn....
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Coinbase Wins Partial Victory In SEC Regulatory Challenge, Court Calls Agency’s Stance ‘Arbitrary’
Cryptocurrency exchange Coinbase Global Inc. (NASDAQ:COIN) secured a partial victory against the Securities and Exchange Commission when a federal appeals court ruled the agency’s denial of crypto rulemaking was “arbitrary and capricious,” while stopping short of forcing new regulations. What Happened: In a Monday opinion, the U.S. Court of...
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Crypto adoption beats mobile phones by 43% and Internet by 20%, reports BlackRock
Crypto adoption reached 300M users, nearly twice as fast as the internet and triple mobile phones. What are the factors behind this rapid adoption?...
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Bullish Ripple (XRP) Price Predictions, Upcoming Shiba Inu (SHIB) Developments, and More: Bits Recap Jan 14
TL;DR Ripples’s (XRP) price rebounded to $2.53 after recent volatility, with analysts predicting further growth fueled by Donald Trump’s inauguration, SEC leadership changes, and Ripple’s stablecoin launch. Shiba Inu’s TREAT token goes live today, with major exchanges like KuCoin and Gate.io offering airdrops to incentivize user engagement within the...
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Crypto Bank Sygnum Gets Unicorn Status With $58M Round
The crypto industry has a new “unicorn” in digital asset bank Sygnum, which has just closed a $58 million funding round. The Zug, Switzerland and Singapore-based lender closed an oversubscribed “strategic growth round,” which was led by BTC-focused venture capital firm Fulgar Ventures, according to an emailed announcement on...
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Binance.US Chief: The SEC Called Us a Cauldron of Fraud, Without Any Evidence
Gary Gensler’s Securities and Exchange Commission (SEC) branded Binance.US “a cauldron of fraud,” and used its power and influence to choke off the firm’s banking relationships and USD fiat ramps, despite failing to produce any evidence to back up its claims in court, the interim chief of Binance.US told...
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Le meme coin Vote-to-Earn (V2E) Flockerz lève 9,5 millions de dollars en ICO : plus que 11 jours pour profiter d’un prix bas
La meme coin Vote-to-earn (V2E) Flockerz ($FLOCK) enregistre une levée de fonds de 9,5 millions de dollars lors de son ICO. Il ne reste plus que 11 jours pour profiter d’un cours bas. Les investisseurs ont une ultime chance d’acquérir ses jetons à moindre prix. La prévente de Flockerz...
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