Category: Crypto News
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IMF wants El Salvador to reconsider Bitcoin exposure: Community reaction
One community member interpreted the IMF’s move as a way to “scare other countries away” from adopting Bitcoin as a legal tender.
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South Korea to examine crypto staking services following the Kraken case
No details on the timeline and methods of the examination were provided, but reportedly it would be conducted moderately as no wrongdoings have been registered in the country.
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Sen. Warren vows reintroduction of AML bill that extends to DAOs and DeFi
While the Senator did not expand on other details of the upcoming bill, she suggested that DeFi should not be exempt from AML laws.
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SBF and FTX fraud ‘aided and abetted’ by Silvergate Bank, alleges lawsuit
The filing is the latest proposed class action in a string of lawsuits aimed at Silvergate over the last two months about its links with Sam Bankman-Fried and defunct crypto exchange FTX.
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Sequoia Capital, Paradigm among VCs facing ‘tricky’ FTX investor lawsuit
It’s a “tricky case,” as it is unknown what obligation these firms actually had to “completely separate investors,” suggests a crypto lawyer.
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Binance and Huobi freeze $1.4M in crypto linked to North Korean hackers
The North Korean-based hacker outfit Lazarus Group resorted to different privacy mixers attempting to anonymize the stolen funds, but it didn’t work.
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Polygon sets late March launch date for its zkEVM mainnet beta
The Ethereum scaling solutions provider is preparing to launch its long-awaited Ethereum Virtual Machine roll-up technology.
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Crypto regulation decided by Congress, not the SEC: Blockchain Association
The group’s policy head doubted a divided Congress can create crypto legislation but said it doesn’t give regulators absolute authority in the interim.
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Circle squashes rumors of planned SEC enforcement action
Rumors swirled on Twitter that the stablecoin issuer received a litigation notice from the U.S. securities regulator but a Circle executive rebuffed the claim.
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Charity tied to former FTX exec made $150M from insider trading: Report
The former FTX chief of staff reportedly ‘donated’ FTT tokens he had obtained at a price of $0.05, later selling them after public trading opened for $1.