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Former FTX Boss Sam Bankman-Fried to Testify on Thursday in High-Stakes Trial

Sam Bankman-Fried Gears Up to Assert Innocence in High-Stakes Trial Former FTX chief, Sam Bankman-Fried, is preparing to take the witness stand and testify in his ongoing trial. In recent weeks, several witnesses have spoken against him, but Bankman-Fried is determined to plead his case directly to the jury. Bankman-Fried has already shared his side […]

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Worldcoin Adjusts Token Strategy; Shifts Orb Rewards and Alters Market Maker Agreements

Worldcoin Updates Token Supply and Loan Agreements Worldcoin, a project that utilizes iris biometrics to establish a unique human identity database, announced on Sunday that it is making changes to the distribution of its circulating WLD token supply and its market maker loan agreements. Since its launch in July, the project has decided to decrease

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Bitcoin.com Partners With Hummingbot in VERSE/USDT Campaign on KuCoin With $15,000 in Rewards

Introduction Bitcoin.com, a global leader in introducing newcomers to cryptocurrency, is excited to announce a strategic partnership with Hummingbot to launch an innovative campaign. The campaign aims to enhance liquidity and trading volumes for the VERSE/USDT trading pair on KuCoin, a popular cryptocurrency exchange. About the Campaign The campaign is structured around Hummingbot's Liquidity Miner

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Peter Schiff’s Opinion on Bitcoin: A Detailed Analysis

Peter Schiff, a distinguished economist and avid supporter of gold, has shared his strong opinions about the role and relevance of Bitcoin in the current economic scenario. Schiff's comments suggest a strong disapproval of Bitcoin, calling it futile and drawing parallels between its supporters and a cult, bent on persuading others to invest in Bitcoin

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Global Recession Risk Amid Potential Iran-Israel Conflict: An Economic Analysis

A potential direct conflict between Iran and Israel presents a significant threat to the global economy, warn Bloomberg economists. They suggest that such a war could potentially lead to a worldwide recession due to skyrocketing oil prices and a significant downturn in risk assets. They underline that the broader the conflict gets, the greater its

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SEC’s Examination Priorities for 2024 Highlight Crypto Monitoring and Assessments

The U.S. Securities and Exchange Commission (SEC), a prominent regulatory body, recently unveiled its meticulous examination priorities for 2024. The focus this year will be on the fast-paced crypto domain, with the aim to monitor and conduct comprehensive examinations. SEC's Stance on Crypto Monitoring The SEC publicized its intentions to emphasize crypto monitoring and examinations

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Central Bank of Nigeria Lifts Foreign Exchange Restrictions: A Step Towards Economic Progress

The Central Bank of Nigeria (CBN) made a declaration on Oct. 12, lifting the foreign exchange constraints initially placed on the importation of 43 items. This move comes as a part of the bank's broader objective of unifying the local currency's multiple exchange rates and controlling inflation. Background: The Foreign Exchange Restrictions The foreign exchange

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SEC Misses Deadline to Appeal Against Grayscale’s Bitcoin ETF Ruling

The United States Securities and Exchange Commission (SEC) has reportedly missed the deadline to contest a court decision that ruled against its rejection of Grayscale's spot bitcoin ETF application. As revealed by sources ahead of the deadline, the SEC had no plans to appeal this ruling, potentially setting up a review of the application. SEC

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Unveiling FTX Trustees’ Hefty SOL Stake Amid Bankruptcy Proceedings

Unveiling an interesting development in the blockchain realm, the trustees of the now-insolvent FTX exchange are in the process of supervising its bankruptcy proceedings. The trustees have pledged a substantial 5.5 million Solana (SOL) for staking purposes. The current market value of FTX's total Solana holdings is an impressive $1.16 billion. It's noteworthy to mention

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