NEWS
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The difficulty of mining bitcoins reaches new all-time high
Bitcoin mining has become exponentially more difficult. The mining difficulty of Bitcoin has risen to a new record high, having…
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Genesis applies for Chapter 11 bankruptcy
In the Southern District of New York, bitcoin lender Genesis has filed for Chapter 11 bankruptcy. The company’s liabilities are…
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Digital Dollar Project exhorts the US to act on the creation of CBDC
On January 18, the Digital Dollar Project (DDP) announced the release of an updated edition of their white paper titled…
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SBF asserts that by asserting insolvency, Sullivan & Cromwell contradicted themselves
In a blog post dated January 17 that was shared on Twitter, former CEO Sam Bankman-Fried (also known as “SBF”)…
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More jobs lost at Crypto.com due to Crypto Winter
The cryptocurrency business was severely impacted by crypto winter. Some cryptocurrency exchanges, such as Coinbase, have already begun to lay…
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Binance has been authorized to offer crypto services to Swedish clients
The Swedish Financial Supervisory Authority, one of the country’s financial regulatory bodies, has given authorization for the Swedish branch of…
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Over $5 billion has been recovered by FTX
It is unclear how much money investors and customers have lost as a result of the collapse of the company,…
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Four US congressmen urge court for FTX independent examiner
In a letter sent to the court on January 9, four senators from both parties requested the court to appoint…
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Robinhood assets owned by Sam Bankman-Fried may be lost to FTX creditors
In the newest update, Sam Bankman-Fried (SBF), former CEO of a bankrupt crypto exchange FTX, wants the court to prohibit…
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Binance joins an organization to ensure worldwide sanctions compliance
In an attempt to remain in compliance with worldwide sanctions, Binance has joined the Association of Certified Sanctions Specialists, often…
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