Author: e_cash_top

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[ad_1] The cryptocurrency market cap saw net inflows of $5.61 billion over the last 24 hours and currently stands at $857.72 billion — up 0.7% from $852.11 billion. Bitcoin’s market cap increased by 1% to $335.83 billion from $332.23 billion, while Ethereum’s market cap grew 0.4% to $163.4 billion from $162.6 billion over the reporting…

Thailand SEC to probe Zipmex over unregistered earn products

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[ad_1] The Securities and Exchange Commission (SEC) of Thailand is investigating Zipmex to ascertain if its earn products breached regulatory rules. According to a Bloomberg News report, Thailand’s SEC sent a letter to Zipmex on Dec. 28 stating that the ZipUp and ZipUP+ products were in violation of the digital-asset business rules. Zipmex allowed its…

UK undeterred by FTX collapse, crypto hub objective stands

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in Guides

[ad_1] A senior government figure has reaffirmed the commitment to turn the U.K. into a crypto hub, despite the lingering fallout from the FTX disaster. Since filing for bankruptcy on Nov. 11, a web of sordid details on the Bahamas-based exchange has come to light, including information on mismanagement, fraud, and allegations of collusion in…

Ondo Finance launches tokenized US Treasuries, bonds for stablecoin holders

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[ad_1] DeFi firm Ondo Finance launched a tokenized fund on Jan. 10 that allows stablecoin holders to invest in bonds and U.S. Treasuries. The firm offered three products: the U.S. Government Bond Fund (OUSG), Short-Term Investment Grade Bond Fund (OSTB), and High Yield Corporate Bond Fund (OHYG). These products are short-term US treasuries and bonds…

Sanctions caused cybercriminals to lose $15M in potential revenue in 2 months

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[ad_1] The biggest crypto-related sanctions by the U.S. Office of Foreign Assets Control (OFAC) in 2022 caused a significant dip in the potential revenue of illicit actors, Chainalysis found. The U.S. sanctioned a number of crypto-related individuals and entities last year for drug trafficking, money laundering, and ransomware activities. Chainalysis studied the impact of the…

FTX shareholder filing reveals New England Patriots owner, Coinbase, others invested in firm

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[ad_1] Failed crypto exchange FTX disclosed the names of various shareholders and investors in a recent bankruptcy court filing dated Jan. 9. VC firms led funding rounds FTX carried out four rounds of fundraising between July 2021 and January 2022, labeled Series B, Series B-1, Series C, and Series A. Those fundraising rounds were largely…

BTC is currently more stable than gold, Nasdaq, S&P 500; volatility could follow

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in Uncategorized

[ad_1] Bitcoin’s (BTC) price broke past $17,000 over the weekend. But it has been trading relatively flat with low volatility through the first 10 days of 2023, as is typical during a bear market. BTC’s stability is reflected by the tranquility in the derivatives market and is driven by lower trading activity. This is indicative…

Gemini officially discontinues Earn product

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[ad_1] Gemini has officially discontinued its interest-bearing product, Earn, according to an email sent to users on Jan. 10. Gemini says that it has terminated existing Master Loan Agreements with Genesis Global Capital — which provided the Earn program — on behalf of its customers. “This officially terminates the Earn Program,” the email reads. According…

Group One purchases 13.5% of MicroStrategy’s share

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[ad_1] Options market maker Group One purchased 13.5% of MicroStrategy’s share, according to a Jan. 10 SEC filing. The trading firm holds roughly 1.3 million shares of MicroStrategy. The filing did not state the amount the shares were purchased. Following the news, the Michael Saylor-led firm shares rose 8.57% to $190 as of press time. MicroStrategy’s…

Crypto.com to delist USDT for Canadians

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