Tuesday, February 28, 2023

Tel Aviv Stock Exchange moves toward offering crypto trading

Israel's sole public stock exchange wants to allow its clients to trade crypto but is facing regulatory resistance.



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France on the verge of passing stringent crypto firm licensing laws

The bill was passed with a vote of 109 in favor and 71 against and will now rely on the approval of president Emmanuel Macron to be signed into law.



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Marathon Digital bungles crypto impairment sums, will reissue financials

The Bitcoin miner received a letter from the SEC on Feb. 22 which highlighted accounting mistakes it made on multiple financial disclosures.



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Stacks (STX) surges as Bitcoin NFT hype grows, but its blockchain activity raises concern

The possibility of hosting Bitcoin NFTs on Stacks pushed STX price to new yearly highs, but there are concerns on whether the bullish thesis becomes reality.



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Here’s why STX, CFX, SSV, AGIX and GRT are the top performing assets in February

Despite Bitcoin’s muted monthly performance, STX, SSV, CFX, AGIX and GRT surged higher, likely because of popular market narratives.



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Former FTX Director to reportedly plead guilty to fraud charges

Nishad Singh has reportedly agreed to plead guilty to one count of wire fraud, one count of conspiracy to commit wire fraud on FTX customers, and one count of conspiracy to commit commodities fraud.



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Monday, February 27, 2023

DCG losses top $1B on the back of 3AC collapse in 2022

The crypto conglomerate reported that falling crypto prices and the fallout from Three Arrows Capital’s loan default to Genesis affected its results.



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Robinhood subpoenaed by SEC over crypto listings and custody

The firm said it received an investigative subpoena in December regarding its crypto listings, crypto custody and platform operations.



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UK banking regulator to propose crypto issuing, holding rules after Basel 3 finalized

The Bank of England Prudential Regulatory Authority will facilitate international economic growth under the Financial Services and Markets bill now in Parliament.



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Bitcoin bulls remain in charge even in the face of increasing regulatory FUD

BTC’s correction to $22,750 followed negative remarks from financial regulators, but key Bitcoin price metrics show bulls remain optimistic.



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Anti-CBDC bill in the US, no algo stablecoins for Canada: Law Decoded, Feb. 20–27

United States Representative Tom Emmer introduced legislation in the U.S. House of Representatives that could prevent the Federal Reserve from issuing a central bank digital currency.



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Price analysis 2/27: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL

Bitcoin and U.S. equities markets are attempting to recover, but selling at overhead resistance could continue to weigh on the bullish momentum.



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Sunday, February 26, 2023

Crypto lawyers flame Gensler over claims that all crypto are securities

Crypto lawyers weighed in on Gary Gensler’s crypto regulation claims saying the SEC has no legal standing to police the space.



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Coinbase hit with proposed trademark lawsuit over Nano derivative products

NanoLabs has filed a trademark infringement lawsuit against crypto exchange Coinbase for its Nano Bitcoin futures contract and Nano Ether futures contract.



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Ukraine netted $70M in crypto donations since start of Russia conflict

Since Russia’s invasion a year ago, there’s been $28.9 million in Ether donated to Ukraine, as well as $22.8 million in Bitcoin and $11.6 million in Tether.



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THETA, LIDO, KLAY and EGLD flash bullish signs as Bitcoin recaptures $23K

BTC price is chasing after $24,000 again, raising the possibility of LDO, EGLD, THETA and KLAY targeting new year-to-date highs.



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BitDAO's Mantle Core proposes $200M for Web3 fund

Mantle Core is an Ethereum layer-2 network developed by the BitDAO ecosystem. The fund aims to boost the adoption among developers and Dapps.



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Texas objects to Voyager-Binance.US deal, court filing shows

Texas claims that Binance.US's terms of service and restructuring plan contain inadequate disclosures, and discriminate against Texas creditors.



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Saturday, February 25, 2023

Madhuri Dixit opens up on her marriage with Dr. Shriram Nene being tough; says, “It is tough because of the kind of time you guys have to keep”

Bollywood actor Madhuri Dixit recently spoke about how tough it is to be a spouse of a doctor on her husband Dr. Shriram Nene’s YouTube channel. She shared how her marriage opened a complete different and unexplored aspects in her life. Madhuri on her husband Dr. Shriram Nene's YouTube channel said, “It is tough because of the kind of time you guys have to keep. It’s hard because then you are the one who is looking after the kids, taking them to school, getting them back and stuff like that. Also, the timings; you might have something important happening but you are not there, you are in the hospital looking after someone else. Sometimes I might be sick and you have to take care of someone else.” Madhuri also shared the positive side of it. “But I guess it's also so heartening and I always used to feel so proud of you because whenever I saw you being so concerned about the patients you are looking after or fighting for their rights... I know in the hearts of hearts, you are a very good person. In a marriage, it is important to know your partner,” said the actress. Sharing her thoughts on her beautiful partnership with her husband, she said, “We always had that partnership where we looked after each other and made sure the kids were always looked after and loved. There are times when it is difficult but there are times when we know whatever we are doing in life is for the good and is something we both want.” The actor revealed that she was able to experience many aspects of life after marriage. She said, “After I got married, I lived my life because we went out, we travelled a lot and we did a lot of adventure sports which I never did earlier. It just enriched my life and made me a better person. It also gave me a flight of fancy sometimes.” Sriram Nene also praised Madhuri for being a "supporting spouse" during their marriage. “Having a supportive spouse like this, who loves you and cares about you regardless of what happens, is critical to the journey. Both of us have very challenging careers,” he concluded. In 1999, Madhuri tied knot with Dr. Shriram Nene. She moved to the US and stayed there for more than ten years. Arin, the couple's first son, was born in 2003, and Ryan, their second child, was born in 2005. Coming to the work front, Madhuri was last seen in the bold Amazon Prime Video flick Maja Ma where she played the role of a perfect housewife and mother who has a hidden past. The movie received lots of appreciation amongst the urban population and the youth. Also Read: EXCLUSIVE: Found Madhuri Dixit’s vision as the producer of Panchak surprising, says writer-director Rahul Awate

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How does the U.S. Dollar Index (DXY) impact cryptocurrencies? Watch Macro Markets

Cointelegraph analyst and writer Marcel Pechman explains how the U.S. Dollar Index (DXY) impacts cryptocurrencies.



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Randeep Hooda attends real-life inspector Avinash's Daughter's wedding

Randeep will be soon seen donning the role of an Inspector, for his upcoming web show Inspector Avinash which is based on true events. It is a real-life story of Inspector Avinash Mishra, Special Task Force, Ex UP Police. The actor recently attended Real Life Inspector Avinash's daughter's wedding. We are in awe of how the actor bonds with people in real! Earlier when the actor played titular role in Sarabjit in 2016, he made his place in the heart of Sarabjit's sister. Randeep was spotted performing Dalbir’s last rites as a promise he had made to her. She had requested the actor to give her 'kandha' (offer his shoulder before taking the body to the cremation) when she dies as she sees her brother in him. Upon hearing the news of her death, he arrived in Bhikhiwind near Amritsar, Punjab to pay his last respects. He has also lit her pyre during the cremation rituals. On the professional front, Randeep is basking in the success of his recent release CAT, which was hit worldwide. The actor will be resuming his shoot for Veer Savarkar after his leg recovery. And his first production venture Laal Rang 2 is also in the making. Also Read: Randeep Hooda engages with the director of Laal Rang 2 to talk about the plot and the characters

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GBTC approval could return a ‘couple billion dollars’ to investors: Grayscale CEO

Grayscale Investments' boss, Michael Sonnenshein, said that if GBTC got the green light to "convert" to a spot BTC ETF there would "no longer" be a discount or a premium, amid ongoing legal action against the SEC.



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SBF’s new charges, Shapella’s fork date and emojis as financial advice: Hodler’s Digest, Feb. 19-25

Top Stories This Week Unsealed superseding indictment against Sam Bankman-Fried includes 12 criminal charges Former FTX CEO Sam Bankman-Fried (SBF) was charged on four new criminal counts by a federal judge presiding over his case. According to a superseding indictment, there are now 12 criminal charges against Bankman-Fried, including eight conspiracy charges related to fraud […]



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U.S. Treasury Janet Yellen calls for 'strong regulatory framework' for crypto activities

On the sidelines of the G20 meeting, U.S. Treasury Secretary Janet Yellen said the country is not pushing for an outright banning of crypto activities.



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Pharma companies team up with DeSci to accelerate scientific research

Pfizer is now the first big pharma to participate in a decentralized autonomous organization (DAO).



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Friday, February 24, 2023

Sam Bankman-Fried's lawyers request extension for bail condition proposal

According to the legal team representing Sam Bankman-Fried, prosecutors had no objections to continuing his bail conditions until the firm could choose a suitable technical expert.



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Yield platform Stablegains sued for promoting UST: Finance Redefined

DeFi market saw another exploit this past week on the Platypus protocol, resulting in a loss of over $8 million.



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DeFi ‘fragility’ causes and cures explored in highly technical Bank of Canada study

Researchers affiliated with the Canadian central bank identified weak points in DeFi lending protocols and reported on the potential they saw for mitigating them.



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Photos: Celebs snapped attending the Bigg Boss party



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Recycle to earn, a new frontier for blockchain technology towards ESG goals

At the European Blockchain Convention, Circularr won the award for blockchain startup of the year. Recycling with blockchain was the pitch.



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FDIC-insured Citizens Trust Bank to hold $65M in USDC reserves

The Atlanta, Georgia-based bank joined the Federal Reserve System in 1947 and is classified as a minority-owned depository institution.



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Thursday, February 23, 2023

Block’s Q4 Bitcoin revenue down 7% on crypto price decline

Block Inc. outperformed analyst expectations and saw its share price jump in after-hours trading, but its Bitcoin revenue dipped due to price declines.



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US Federal Reserve denies Custodia Bank's request for Fed supervision

The Federal Reserve Board has denied the request from crypto-focused Custodia Bank to reconsider its membership to the Federal Reserve System.



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IMF exec board endorses crypto policy framework, including no crypto as legal tender

The principles are broad and general, with the exception of the stand against crypto as legal tender, which the IMF has repeatedly expressed to El Salvador.



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MEXC Global publishes proof of reserves after month long testing

The report showed high reserve ratios for USDT, USDC, BTC, and ETH.



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Bitcoin bears attempt to pin BTC price under $23K ahead of this month’s options expiry

$1.9 billion in BTC options are set to expire on Feb. 24, and bulls are well positioned to profit despite the Federal Reserve's intention to cool off the U.S. economy.



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Wednesday, February 22, 2023

Only 0.04% of Ethereum validators have been slashed since 2020, says core dev

Only 226 validators have been slashed since Ethereum staking began, with 75 of those coming from one single event in Feb. 2021.



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Gate.io to enter Hong Kong following city’s $6.4M budget allocation to Web3

Gate’s founder called Hong Kong a “hub,” meanwhile, the city’s financial secretary said the region “must keep up” with the “huge potential” of Web3.



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Google Cloud partners with Tezos blockchain to develop Web3 tech

The partnership will see Google Cloud becoming a validator on the Tezos network.



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Dapper Lab's NBA Top Shot Moments may qualify as a security, says U.S. judge

Federal judge Victor Marreo reviewed the Howey Test, which determines whether the NFTs qualified as an investment contract subject to U.S. securities laws. Upon denying the motion, the court authorized the case to proceed.



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Coinbase discloses recent cyberattack targeting employees

No customers' funds or information were impacted, according to the company. Coinbase's engineering team believes the attack is associated with a sophisticated phishing campaign.



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FTC announces investigation into Voyager’s ‘deceptive and unfair marketing’ of crypto

In an objection to Voyager’s proposed restructuring plan, the commission argued some of the involved parties should not be exempt from certain financial claims in the future.



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Tuesday, February 21, 2023

Friendsies NFT creators deny ‘abandoning’ project amid rug pull allegations

The Friendsies NFT collection responded to accusations it was behind a $5 million rug pull after announcing a “pause” of the project.



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Coinbase beats Q4 earnings estimates amid falling transaction volume

Transaction volume on the exchange fell 12% in 2022's fourth quarter, but the firm still beat forecast earnings despite a 57% year-on-year revenue drop.



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New York state announces another upgrade to its virtual currency monitoring capacity

The New York State Department of Financial Services did not describe its new capacities, but said they will contribute to the detection of a variety of illegal activities.



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Cosmos Interchain Foundation allocates $40M for ecosystem development in 2023

The ICF is also funding projects to drive Cosmos's adoption and use cases, including programs like the Interchain Developer Academy and Interchain Builders Program.



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Mastercard to allow crypto payments in Web3 via USDC settlements

The Mastercard-Immersve partnership uses decentralized protocols to settle real-time cryptocurrency transactions on outlets accepting Mastercard payments online.



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Carbon market gets a much-needed boost from blockchain technology: Web3 exec

Allinfra Climate exec thinks digitizing carbon market processes via distributed ledger technology can bring about efficiency and predictability that hasn’t existed before.



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Monday, February 20, 2023

Composable Finance CEO denies legal violations as CTO steps down

The CTO stepped down from the DeFi-focused infrastructure firm on Feb. 20, but not without some allegations aimed at his former company and its CEO.



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Huobi crypto exchange aims to expand to Hong Kong amid regulatory changes

The cryptocurrency exchange recently cut 20% of its staff, but now it will increase personnel in Hong Kong from 50 to 200.



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The fate of dollar-pegged stablecoins in question: Law Decoded, Feb. 13–20

The United States Securities and Exchange Commission (SEC) ordered Paxos Trust to stop issuing Binance USD. That could affect the whole stablecoins ecosystem.



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Bitcoin bulls ignore the recent regulatory FUD by aiming to flip $25K to support

Bitcoin's upward momentum could continue according to Asian stablecoin demand and the BTC futures premium.



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‘Regulators let the bad guys get big’ — Kraken CEO speaks out after SEC settlement

According to Jesse Powell, U.S. regulators allowing bad actors in the crypto space to “suck up users, revenue and venture capital” could effectively destroy “the good guys.”



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