Gemini CEO Cameron Winklevoss has strongly criticized Digital Currency Group (DCG)’s response to his lawsuit, describing it as “comic.” DCG said the Gemini lawsuit was an extension of a public relations smear campaign started by the exchange’s co-founders. Gemini seeks to attract more users to its platform with a giveaway of more than 28,000 XRP […]
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Wyoming Senator Cynthia Lummis filed a report supporting Coinbase’s motion to dismiss the SEC’s complaint, arguing that the SEC lacks authority. The brief contends that the SEC’s assertion that all crypto assets are securities exceeds its authority and contravenes the separation of powers. Lummis urges the court to reject the SEC’s interpretation of its authority […]
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This is information that investors should be aware of. Staying informed and adapting to changes in this ever-evolving market is key to successful cryptocurrency investing. Below, the five most relevant news in the crypto world this week. Sam Bankman-Fried Going to Prison Federal Judge Lewis Kaplan revoked Sam Bankman-Fried’s bail, for witness tampering. Therefore, Bankman-Fried […]
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Criminals see ostentatious cryptocurrency holders as easy targets and violent attacks have skyrocketed. A far cry from the rocket-producing Internet memes and other videos that promise daring returns on investment, coming back to reality is sometimes difficult for some reckless investors who like to flaunt their wealth. Macabre Assault: Millionaire Dismembered in a Suitcase The […]
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Binance is set to re-enter Japan on August 14, partnering with Liquid, an authentication service, to comply with Japan’s KYC regulations. Liquid’s eKYC service, chosen for its identity document imaging and recognition technologies, will enable Binance to carry out detailed identity verification processes. Despite being a critical protocol for preventing cryptocurrency-related crime, the collection of […]
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