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Crypto Firms Report Funds Tied Up with Shuttered Signature Bank
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Crypto Firms Report Funds Tied Up with Shuttered Signature Bank

Crypto firms including Coinbase, Paxos, and Celsius have reported funds tied up with Signature Bank, which was shut down by New York regulators due to concerns about systemic risk. While some firms expect to recover their funds in full, others have disclosed only that they had exposure to the bank. Other firms in the crypto industry have reassured customers that they had no exposure to Signature Bank.

Binance to Phase Out BUSD Support by February 2024 Amid Paxos Minting Halt
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Binance to Phase Out BUSD Support by February 2024 Amid Paxos Minting Halt

Binance will discontinue support for Binance USD (BUSD) by February 2024, affecting trading, futures, and loans. Users holding BUSD are advised to convert their assets to other stablecoins or digital assets on Binance, with a 1:1 conversion rate.

Paxos Launches Blockchain Settlement Platform Following No-Action Relief From SEC
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Paxos Launches Blockchain Settlement Platform Following No-Action Relief From SEC

Paxos Trust Company announced that it will go ahead with the launch of its blockchain-enabled Paxos Settlement Service after receiving No-Action relief from the U.S. Securities and Exchange Commission (SEC).

Twitch Offers Bitcoin Discount to 15 million Gaming and Livestreaming Subscribers
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Twitch Offers Bitcoin Discount to 15 million Gaming and Livestreaming Subscribers

Twitch is now leveraging BitPay’s digital currency processing network to facilitate Bitcoin cryptocurrency payments and has announced a special 10% crypto discount promotion.

US CFTC Holds Meeting on Stablecoins Joined by Paxos, MakerDAO and JPM Coin Executives
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US CFTC Holds Meeting on Stablecoins Joined by Paxos, MakerDAO and JPM Coin Executives

The United States Commodity and Futures Trading Commission (CFTC) held a meeting earlier this week to study the potential impact of the stablecoin industry. The derivatives regulator met with stablecoin industry experts to understand its future implications.

Connecting Crypto Exchanges with CMC's New Liquidity Metrics: What We Learned at The Capital
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Connecting Crypto Exchanges with CMC's New Liquidity Metrics: What We Learned at The Capital

Beginning on Nov. 12 and spanning two days, CoinMarketCap held its inaugural large-scale event, The Capital, which brought together leading stakeholders in the blockchain, cryptocurrency, regulatory and financial industries.

Genesis Capital Breaks Previous Quarter Record With 870M in New Loan Originations in Q3
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Genesis Capital Breaks Previous Quarter Record With 870M in New Loan Originations in Q3

Genesis records rising demand for cash and stablecoins

Members of Congress Start Blockchain Education with $50 Dollar Bitcoin Donation
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Members of Congress Start Blockchain Education with $50 Dollar Bitcoin Donation

Members of the United States Congress will receive a $50 campaign contribution in Bitcoin today to educate lawmakers on the potential of blockchain technology.

US Wealth Manager Confirms on CNBC that PayPal Will Enable Merchant Cryptocurrency Payments
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US Wealth Manager Confirms on CNBC that PayPal Will Enable Merchant Cryptocurrency Payments

Wealth manager, Sandi Bragar, considers PayPal as the best choice for businesses because of its bet on cryptocurrency.

Which Cryptocurrency Has the Highest ROI as of Q1 2020? Bitcoin Only Ranked 5th
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Which Cryptocurrency Has the Highest ROI as of Q1 2020? Bitcoin Only Ranked 5th

Which cryptocurrency has the highest Return on Investment (ROI) as of Q1 2020? We have compared the ROI of the top 30 cryptocurrencies with the highest market capitalization on CoinMarketCap.

Ripple (XRP) Whale Addresses Reach New All-Time High as Price Surges, Despite Regulatory Unclarity
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Ripple (XRP) Whale Addresses Reach New All-Time High as Price Surges, Despite Regulatory Unclarity

Data suggests that as the number of holders with large amounts of XRP has been rising, also contributed to the coin’s growth.

PayPal May Be in Talks to Acquire Curv Crypto Custody Firm
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PayPal May Be in Talks to Acquire Curv Crypto Custody Firm

After PayPal dropped plans to acquire BitGo digital asset custody firm, it has been reported that it is now aiming to acquire Curv crypto custody firm.

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