Author: e_cash_top
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Bittrex to pay $30M for sanctions violation
[ad_1] Crypto exchange company Bittrex agreed to pay $30 million for violating federal sanctions set by the U.S. Treasury Department. The settlement was announced by the U.S. Treasury Department’s Office of Foreign Assets (OFAC) and the Financial Crimes Enforcement Network (FinCEN) on Oct. 11. The exchange allowed nearly 1,800 people that resided in sanctioned regions,…
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ParaSwap debunks claims of susceptibility to profanity address vulnerability
[ad_1] Multichain DeFi aggregator, ParaSwap has debunked claims that it suffered an exploit today, saying the suspected address had no power after deployment. ✅ No vulnerability found! Please check the facts & Don’t Trust, Verify! We’ll follow up with analysis & an explanation of what’s a deployer address and how we made sure they have…
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Another Spot Bitcoin ETF gets rejected by SEC; Google, Coinbase partner for crypto payments
[ad_1] The biggest news in the cryptosphere for Oct. 10 includes Google’s new partnership with Coinbase to start accepting crypto payments, Bittrex’s $30 million fine for violating federal sanctions, and the SEC’s rejection of WisdomTree’s Spot Bitcoin ETF for not having enough surveillance. CryptoSlate Top Stories Google to integrate crypto payments with cloud services from…
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BNY Mellon receives New York approval for crypto custodial services
[ad_1] The oldest bank in the United States, Bank of New York Mellon (BNY Mellon), has received approval to add digital assets custody to its services, The Wall Street Journal reported on Oct. 11. According to the report, the bank will offer this service to traditional fund managers already using its services for their back-office…
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The Economist’s cover featuring Bitcoin along with major currencies has Twitter guessing
[ad_1] Twitter user @HKBelvedere recently posted a cover from the British weekly newspaper The Economist, accompanied by the text: “Another spooky cover from The Economist dropped a few days ago. Make of it what you will.“ The cover depicts a cartoon-styled control panel with a lever front and center, as warning gauges read red or…
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SEC rejects WisdomTree’s Spot Bitcoin ETF
[ad_1] The U.S. Securities and Exchange Commission (SEC) has rejected the Wisdom Tree Bitcoin Trust ETF, as it has no valid measure to protect investors against market manipulation. The SEC in an Oct. 11 release noted that it had to reject the filing by BZX Exchange, as the bitcoin-ETF issuer does not have a significant…
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Temple DAO hacked for over $2.3M
[ad_1] DeFi protocol Temple DAO lost over $2.3 million on Oct. 11 to a hack first spotted by Twitter user Spreekaway and confirmed by blockchain analytical firm Peckshield. #PeckShieldAlert Seems like @templedao got exploited. The exploiter funded from SimpleSwap and already transferred 1,831 $ETH (~$2.34M) to a new address 0x2B63d…B5A0 @peckshield https://t.co/bOyOARyyxY pic.twitter.com/SVEm8o95U6 — PeckShieldAlert…
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Liquidations expected as Bitcoin open interest, leverage ratio spike higher
[ad_1] Over the past month, Bitcoin has been trading relatively flat, ranging between $18,400 and $22,800. Against a deteriorating macroeconomic backdrop and an escalation of events in Eastern Europe, some analysts see this as the start of BTC decoupling from legacy markets. Bitcoin Futures Estimated Leverage Ratio The Bitcoin Futures Estimated Leverage Ratio (ELR) metric…
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Ripple partners with Lemonway, Xbaht to bring ODL payments to Europe
[ad_1] With approximately 70% of financial institutions and 59% of consumers in Europe interested in crypto-enabled payments, Ripple has partnered with Lemonway and Xbaht to leverage its On-Demand Liquidity (ODL ) solution to offer crypto payments to customers in France and Sweden. Ripple’s ODL enables low-cost and instant cross-border payments without the need for pre-funded…
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Terra USTC spikes 33% after talks of re-peg
[ad_1] De-pegged Terra Classic stablecoin, Terra UST (USTC), rose by over 30% after the emergence of a proposal by Terra classic core developer Tobias Andersen to re-peg the token. The proposal Andersen explained how he plans to re-peg the stablecoin using Quantitative Tightening (QT). While he discussed the possibility of re-pegging through Quantitative Easing (QE),…