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Caroline Ellison: What We Were Doing with FTX was Wrong

Caroline Ellison – the 28-year-old girlfriend of Sam Bankman-Fried and the former CEO of Alameda Research, a company founded by SBF – has admitted in recent testimony that she knew what was happening with FTX was wrong. Caroline Ellison on FTX: It Was Wrong The big bang for FTX comes in the shape of Alameda, which borrowed money from the crypto exchange in the form of user funds to pay off separate debts. Both companies were required to remain individual entities. In...

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Revolut ULTRA: Das kann das neue Abo

Der Schweizer Markt gehört zu den am schnellsten wachsenden Märkten von Revolut in Europa. zusammen mit Ländern wie Italien, Portugal, Irland, Rumänien und Polen. Revolut, die führende Finanz-App, hat ein neues Premium-Abo namens „Ultra“ vorgestellt. Dieses bietet Nutzern eine Vielzahl von Vorteilen, darunter eine Reiseversicherung, eine kostenlose Kontoführung in verschiedenen Währungen und Zugang zu einem persönlichen Finanzberater. Zudem...

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Bitcoin Cash Analysis: Bulls Aim A Push To $150

Bitcoin cash started a decent increase above the $120 and $125 resistance levels against the US Dollar. The price is now trading above the $125 zone and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $130 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $135 and $138 to continue higher in the near term. Bitcoin cash price is climbing above $125 against the US Dollar, similar to...

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Amazon’s New Venture: A Digital Assets Company for NFTs and Crypto Games, Sources Say

Amazon is reportedly working on a digital assets company that will power an NFT marketplace this spring. According to sources interviewed by the media outlet Blockworks, the retail giant has been buying digital collectibles companies from various players in the crypto ecosystem to power its new venture. So far, Amazon has invested in layer-1 blockchains and crypto gaming companies and has hired developers from NFT companies and cryptocurrency exchanges for its own blockchain...

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Deribit Eyes Dubai Amidst Global Expansion Plans: Report

Crypto exchange Deribit is planning to move its main headquarters to Dubai as soon as the third quarter of this year. The Bloomberg report suggests that the new office will be staffed by a team of 10 people comprising both domestic hires alongside the exchange’s core employees. Roles in management, compliance, and support will be housed in the Dubai office. According to Deribit Chief Legal, Compliance, and Regulatory Officer David Dohmen, some employees will continue to be...

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Roger Ver Breaks Silence on Genesis Lawsuit, Claims He Has Sufficient Funds to Pay

Early Bitcoin adopter and executive chair of Bitcoin.com, Roger Ver, said he has “sufficient funds” to pay Genesis Global after being hit by a lawsuit by the now-bankrupt crypto broker’s unit – GGC International. The Bitcoin Cash proponent noted that he is happy to pay the amount he owes but pointed out that the agreement requires Genesis to remain solvent. In a new Reddit post, Ver claimed that Genesis failed to provide him assurances about its finances. The Digital Currency...

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New York Bitcoin Mining Facility Slapped With $10,000 Per Day Fine

US Bitcoin Corp – a North American Bitcoin mining firm – has been ordered to cease operations by a State Supreme Court Justice, or face penalties of $10,000 per day.  If the miner continues to operate through the end of January, the fine will increase to $25,000 per day.  US Bitcoin Under Fire As reported by Lockport Journal on Thursday, the order from Justice Edward Pace is a follow-up to Supreme Court Justice Frank Sedita III’s temporary restraining order issued against the...

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Mango Markets Sues Exploiter Avraham Eisenberg for $47M in Damages

Mango Markets’ exploiter Avraham Eisenberg was hit with a lawsuit by Mango Labs, the company behind the DeFi protocol, for $47 million in damages. The Wednesday filing with the United States District Court for the Southern District of New York alleges that Eisenberg executed a malicious attack on Mango Markets by manipulating the native token, MNGO, through “fraud, deception,” and converted nearly $114 million from the depositors of the protocol into his own accounts....

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