CRYPTO MARKET UPDATE

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U.S. Prosecutors Urge Binance Founder CZ to Remain in the United States

U.S. prosecutors are intensifying their efforts to ensure that Changpeng Zhao (CZ), the founder and former CEO of Binance, remains in the United States ahead of his sentencing hearing scheduled…
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KuCoin Takes Action: Disqualifies Multiple Projects

KuCoin, a prominent cryptocurrency exchange, has taken a bold step to enhance the integrity of its platform by disqualifying certain projects deemed unfit for continued listing. This move is a…
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KyberSwap Under Attack: $50M+ Exploited

KyberSwap has fallen victim to an ongoing attack, resulting in a staggering $50 million or more being exploited The attack on KyberSwap has left no stone unturned, impacting various networks…
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SEC Commissioner Signals Support for Spot Bitcoin ETF

In a recent statement, SEC Commissioner Hester Peirce expressed a positive stance on the approval of a spot Bitcoin ETF, emphasizing that there is “no reason for us to stand…
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Binance Announces Richard Teng as New CEO

Binance, one of the world’s leading cryptocurrency exchanges, has recently declared the appointment of Richard Teng as its new Chief Executive Officer. This comes following the voluntary step-down of the…
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Coinbase CEO Emphasizes Commitment to Compliance Amid Binance trouble

The CEO of Coinbase, a leading cryptocurrency exchange, reiterated the company’s steadfast dedication to compliance and its intention to continue operating within the U.S. market. Emphasizing the significance of adhering…
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Binance to Pay Record-Breaking $4.3 Billion Settlement as CEO CZ Steps Down

Binance CEO, Changpeng Zhao, will personally pay $50 million. This unprecedented settlement marks a significant moment in the world of cryptocurrency and finance. Binance According to prosecutors, Binance will disburse…
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Binance CEO Steps Down and Pleads Guilty to Money Laundering Charges

Cryptocurrency Giant Binance in Turmoil as CEO CZ Steps Down and Pleads Guilty to Money Laundering Charges Binance, the world’s leading cryptocurrency exchange, is facing a major shakeup as its…
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US Attorney General Merrick Garland Unveils Major Cryptocurrency Enforcement Actions with Binance Settlement

US Attorney General Merrick Garland is set to address the media at 3pm ET, announcing “separate but related cryptocurrency enforcement actions.” The highly-anticipated press conference is expected to shed light…
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US Justice Department Seizes $9 Million in Tether Linked to Romance and Crypto Scams

The US Justice Department has announced the seizure of nearly $9 million worth of Tether, a popular cryptocurrency. The seized funds have been linked to cryptocurrency addresses associated with an…
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Binance Faces Potential $4 Billion Settlement with US Justice Department

The US Justice Department is reportedly seeking a hefty settlement of more than $4 billion from Binance, the world’s largest cryptocurrency exchange. This move comes as part of a resolution…
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Unveiling the $9M dYdX Market Manipulation

on November 18, 2023, approximately $9 million from the dYdX v3 insurance fund was utilized to cover losses incurred during liquidations in the YFI market. CEO statements suggest a deliberate…
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Kraken Faces SEC Lawsuit: Defending Cryptocurrency Integrity

The Securities and Exchange Commission (SEC) filed a complaint today, alleging that Kraken, a prominent cryptocurrency exchange, operates as an unregistered national securities exchange, broker, and clearing house. This legal…
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US Department of Justice Leads to Massive USDT Freeze

Tether and OKX have joined forces with the United States Department of Justice (DOJ) to execute the largest-ever freeze of USDT tokens in history. The collaborative effort has successfully frozen…
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Unauthorized Access Hits Liquidity Provider Kronos Research

liquidity provider Kronos Research recently fell victim to a major security breach, leading to unauthorized access to some of its API keys. The breach resulted in the suspension of all…
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Mystery of Bitcoin Halving and Its Impact on Price

In the fast-paced world of cryptocurrency, certain dates hold a mystical significance, the day of Bitcoin halving. It’s a moment in time that seems to cast a spell on the…
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SEC Raises Alarming Concerns Over Global X’s Bitcoin ETF Approval

The Securities and Exchange Commission (SEC) has officially delayed the approval of Global X’s Spot Bitcoin ETF, citing “serious concerns about BTC price manipulation and fraud.” The regulatory body has…

Fidelity Files for Spot Ethereum ETF

In a significant move following BlackRock’s recent strides into the cryptocurrency arena, Fidelity, a financial giant with assets totaling $4.5 trillion, has set its sights on the booming world of…
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