Bitcoin’s break above $65,000 and solid buying in-the-spot BTC ETFs have traders convinced that the bull market is back in full swing. Source link
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CCData estimates stablecoins will lose approximately $625 million in interest income for each 50-basis point cut. Further cuts in 2024 could reduce annual revenue by as much as $1.5 billion. Source link
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He served four months in federal prison for charges including alleged violations of United States Anti-Money Laundering rules. Source link
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Tether says it aided in the recovery of the stolen crypto by freezing the scammers wallets, which the FBI then seized. Source link
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Binance founder and former CEO Changpeng “CZ” Zhao is the wealthiest person to serve jail time in the US, with current net worth estimated more than $60 billion. Source link
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Bitfarms and Riot Platforms settle months of corporate disputes with board review, while BlackRock moves for changes to Bitcoin ETF withdrawals. Source link
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Crypto platforms in Canada are having trouble preparing for new stablecoin regulations. Take your time, the Canadian Securities Administrators said. Source link
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According to a previous Forbes report, Zhao and Binance collectively hold 71% of the roughly 146 million BNB tokens in circulation. Source link
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The US Securities and Exchange Commission (SEC) settled charges against Mango Markets’ decentralized autonomous organization (DAO) and the Blockworks Foundation on Sept. 27. The watchdog had accused both entities of selling unregistered securities following Mango Markets’ $100 million exploit in 2022, which brought the platform under heightened regulatory scrutiny. Under…
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After four months in jail and social media discretion, CZ is free. What’s next for the former crypto titan who led Binance to the top? Source link