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September 2022

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Elusive Do Kwon denies $60 million bitcoin cashout claims

Terraform Labs founder Do Kwon has taken time out from searching his own name on Interpol’s website to refute allegations that he tried to cash out more than $60 million worth of bitcoin a day after a South Korean court issued an arrest warrant for him. The 31-year-old developer was accused of fraud by a number of […]

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Hoskinson anticipates flood of VC money coming for Cardano by 2024

During Mainnet 2022, in New York, Hoskinson talked about things people get wrong with Cardano. The topics of discussion ranged from the benefits of starting with a Bitcoin base (UTXO), slow, methodical principles that have considered upgradeability paths before needed, and the nuances of smart contract design. “Can we do the hard, heavy lifting now so I

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Why Shiba Inu (SHIB) And Dogecoin (DOGE) Prices Risk Falling to New Yearly Lows

Shiba Inu (SHIB) and Dogecoin (DOGE) have both created long upper wicks after rejections from key horizontal resistance levels. New yearly lows could be on the horizon. While both coins attempted to initiate upward movements last week, the Sept. 27 rejection and ongoing decrease has negated all previous gains and put the bullish structure at risk. SHIB

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Ethereum Price May Keep Dropping for This Major Reason, Analyst Says

Contents Here’s why ETH may face steep price correction SEC takes ETH under U.S. jurisdiction Analyst Ali Martinez has shared a chart that gives a reason, according to him, that a steep price drop may be faced, and it works for any given blockchain. This time, it is the second largest DLT platform, Ethereum, that has

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Bank of Ghana to foster financial inclusion through CBDC project

Kwame Oppong, an executive at Ghana’s central bank, told Cointelegraph that a CBDC could give their citizens the opportunity to use a “decent form of payment.” INTERVIEW   As more countries make progress in terms of developing and implementing central bank digital currencies (CBDCs), Ghana’s central bank aims to keep up and complete its research on CBDCs with

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XRP Ledger Platforms This Luxury Brand’s NFTs During Paris Fashion Week

At the forthcoming Paris Fashion Week, the luxury fashion house Balmain will present its NFT membership collection alongside its new clothes show. What makes these NFT creations special is that the basis for their creation is XRP Ledger, chosen by Balmain’s developer and partner, MINTNFT. The membership program, whose full name is “The Balmain Thread,” was created

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FTX CEO Sam Bankman-Fried Mulls Acquiring Celsius Assets

Summary: Sam Bankman-Fried could acquire assets from bankrupt crypto lender Celsius, Bloomberg reported. SBF already acquired Voyager Digital assets in a massive $1.4 billion deal. Celsius is the process of restructuring and regaining stability after falling into insolvency earlier in the year. CEO Alex Mashinsky stepped down on Tuesday as part of the process, reports say. Sam

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Crypto.com scores fresh regulatory approval in France

The digital asset platform was focused primarily on acquisitions and sponsorship deals through the bull market but now seems to have shifted toward expansion, especially in Europe. NEWS   Singapore-based digital asset platform Crypto.com scored a major regulatory approval in France. The digital asset platform was approved to register as a Digital Asset Service Provider

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Potential Zipmex investor asks CEO Marcus Lim to forfeit his shares

QUICK TAKE A potential investor in troubled crypto exchange Zipmex has asked the company’s founder and group CEO to forfeit all his shares on closing of the investment, an email obtained by The Block shows. The Block has also obtained separate correspondence in which Zipmex co-founder Akalarp Yimwilai offered to resign from his posts and

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