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FDIC Calls Out FTX US, Other Crypto Firms to Stop Misleading Users About Deposit Protection

FDIC Calls Out FTX US, Other Crypto Firms to Stop Misleading Users About Deposit Protection

FDIC sent letters to five crypto firms requesting them to stop making false claims about deposit insurance.

Ukraine to Record War Against Russia in NFTs

Ukraine to Record War Against Russia in NFTs

The Ukrainian government has planned to launch non-fungible tokens (NFTs) featuring unique digital artwork illustrating stories from its war with Russia.

CoinList Raises $100M Series A Funding Round, Reaching Unicorn Status With $1.5B Valuation

CoinList Raises $100M Series A Funding Round, Reaching Unicorn Status With $1.5B Valuation

CoinList announced that it raised $100 million in a Series A round of financing, which brings its valuation to $1.5 billion.

Bitcoin Should Benefit from the US Dollar Crash, says Top Economist Stephen Roach

Bitcoin Should Benefit from the US Dollar Crash, says Top Economist Stephen Roach

Stephen Roach, former Chairman of Morgan Stanley’s Asia division and Yale University senior fellow said that cryptocurrencies including Bitcoin should benefit from the US dollar’s decline.

Circle Deploys New Pre-Mint Address for USDC on Solana (SOL)

Circle Deploys New Pre-Mint Address for USDC on Solana (SOL)

Circle has introduced a new pre-mint address for USDC on the Solana blockchain, streamlining operations in anticipation of the Cross-Chain Transfer Protocol launch.

USDC Issuer Circle to Launch Euro-Backed Stablecoin

USDC Issuer Circle to Launch Euro-Backed Stablecoin

The move by Circle to involve in launching its Euro stablecoin is based on user demand and business competition. The use of euro-backed stablecoins is rising in Europe.

DBS Provides Crypto for Trust Offerings

DBS Provides Crypto for Trust Offerings

DBS Group launches an offering trust service for cryptocurrencies, allowing their premium clients, include the emerging asset class in their succession plans.

Decentralized Perpetual Exchange PairEx Announces Beta Trading Competition with Up to 8,888 USD ARB & PEX Tokens

Decentralized Perpetual Exchange PairEx Announces Beta Trading Competition with Up to 8,888 USD ARB & PEX Tokens

PairEx.io, a decentralized perpetual exchange built on the Arbitrum network, is excited to announce its beta trading competition with a prize pool of up to 8,888 USD equivalent in ARB and PEX tokens. The competition, which is now live, offers traders the opportunity to showcase their trading skills and win lucrative rewards.

US Justice Department Charges Six People for Laundering Drug Cartel Money Using Crypto

US Justice Department Charges Six People for Laundering Drug Cartel Money Using Crypto

The US Eastern District Court of Virginia has charged six people for allegedly involved in laundering millions of dollars for Mexican drug cartels using cryptocurrency.

Microsoft Takes Down COVID-19 Cyber Criminals to Eliminate "Business Email Compromise" Attacks

Microsoft Takes Down COVID-19 Cyber Criminals to Eliminate "Business Email Compromise" Attacks

Scammers have been taking advantage of COVID-19 and the worldwide economic crisis revolving around it to retrieve personal information and phish data from Microsoft users.

The Birth of the Coronavirus-Backed CoronaCoin Amid Quarantining Banknotes in China

The Birth of the Coronavirus-Backed CoronaCoin Amid Quarantining Banknotes in China

The novel coronavirus, also known as COVID-19 has spread to at least 25 other countries and caused 5 deaths outside of mainland China. Restrictions in Hubei, of the epicenter province of the outbreak, have been imposed further on its citizens. In Wuhan, the city where the coronavirus originated, has been banning its citizens from leaving their homes.

Hedge Funds Battle to Survive After FTX Exchange Collapse

Hedge Funds Battle to Survive After FTX Exchange Collapse

The hedge fund discontinued its CoinShares consumer platform because to high marketing costs.

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