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FTX Reaches $175 Million Settlement with Genesis in Wake of Crypto Exchange’s Collapse

In a significant development amidst the aftermath of the cryptocurrency market turmoil, bankrupt crypto exchange FTX has successfully negotiated a $175 million settlement with the collapsed crypto lender, Genesis. This...
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Warning Issued by Philippine Police Against Cryptocurrency Gaming Scams

In a stern advisory issued by the anti-cybercrime department of the Philippine national police force, citizens were cautioned about the rising threat of “cryptocurrency gaming schemes” and play-to-earn games. The...
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PayPal Names Alex Chriss as New CEO, Sets Sights on Crypto Expansion

In a strategic move to lead PayPal into a new era of growth and innovation, the company has announced that Alex Chriss will take the helm as CEO, succeeding the...
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Pro-Bitcoin Candidate Milei Surges Ahead in Argentina’s Primary Elections

In a stunning turn of events, Javier Milei, a fervent advocate for Bitcoin and libertarian economic policies, has secured a surprising victory in Argentina’s recent primary elections. Milei, leading the...
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Brazilian Lawmakers Propose Legislation to Increase Taxes on Overseas Cryptocurrency Holdings

In a significant move, Brazilian lawmakers are advancing a legislation that aims to raise taxes on cryptocurrencies held overseas. Recent reports reveal that a congressional committee has given the green...
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Federal Court Battle Continues as SEC Pursues Appeal in Ripple Labs Case

In a recent development that has left the cryptocurrency world buzzing, the battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) continues to unfold. The dispute revolves...
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Cryptocurrency Exchange Bittrex Settles $24 Million Case with SEC

(Image credits: Forbes) In a significant development, Bittrex, a cryptocurrency exchange headquartered in Seattle, has reached a settlement agreement with the United States Securities and Exchange Commission (SEC), putting an...
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Worldcoin Cryptocurrency Users Face Hurdles as Platform Faces Technical Glitch

Users of the Worldcoin cryptocurrency project found themselves in a frustrating situation on Monday as they encountered technical difficulties while attempting to claim their grants on the platform. The disruption...
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Brazil’s Central Bank Launches DREX as Official CBDC

In a significant stride towards digitizing its financial landscape, the Central Bank of Brazil has unveiled “DREX” as the official name for the country’s forthcoming central bank digital currency (CBDC),...
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Cartels Embrace Crypto to Evade Detection in Money Laundering Operations

In a recent revelation, officials tracking cartels have uncovered an alarming trend where drug traffickers are increasingly turning to cryptocurrencies to facilitate their illicit activities. According to interviews with CNN,...
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