CRYPTO

US crypto industry comes to Washington, but faces uphill struggle

Sept 27 (Reuters) – Crypto companies are descending on Capitol Hill on Wednesday, but their push to advance industry-friendly laws is likely to be overshadowed by a fight over the…

Cryptoverse: Stablecoins sag in the dog days of summer

Sept 19 (Reuters) – Bitcoin isn’t the only asset experiencing a late summer slump. Stablecoins, cryptocurrencies typically pegged to real-world assets like the U.S. dollar, have wilted to their lowest…

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FTX sues founder Bankman-Fried’s parents

NEW YORK, Sept 19 (Reuters) – Bankrupt crypto exchange FTX on Monday sued the parents of founder Sam Bankman-Fried, saying that Stanford professors Joseph Bankman and Barbara Fried used the company…

Crypto and Formula One’s honeymoon is over, can Web3 save a rocky marriage?

New blockchain use cases are showcasing the technology’s potential to disrupt industries, even as the extended cryptocurrency bear market continues to bite. From non-fungible tokens (NFT) tickets and wing sponsorships…

Deutsche Bank Partners with Swiss Crypto Firm to Offer Digital Services

Deutsche Bank, a global financial powerhouse, partners with a Swiss crypto firm to provide a range of digital asset services. This groundbreaking collaboration marks a significant step towards the integration…

New digital assets and an updated UI/UX now available in the Telcoin App

SINGAPORE, Sept. 13, 2023 /PRNewswire/ — Telcoin, a decentralized financial technology platform putting blockchain-powered mobile financial services at consumers’ fingertips worldwide, has vastly expanded digital asset availability to users, adding the ability to store,…

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Co-founder of fake cryptocurrency scheme sentenced to 20 years in US prison

Sept 12 (Reuters) – A federal judge in New York sentenced the co-founder of the purported cryptocurrency OneCoin to 20 years in prison on Tuesday for what prosecutors called a…

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Binance.US says CEO Shroder to depart, 100 jobs will be cut

Sept 12 (Reuters) – The U.S. affiliate of crypto giant Binance said its chief executive, Brian Shroder, will leave and that it is cutting more than 100 jobs – roughly…

Use of crypto stays low in Singapore, but is rising in some emerging Asian markets

SINGAPORE – The use of cryptocurrency by the average person in Singapore remained low in the past year, and did not grow as fast as in some other emerging Asian…

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India: Central bank-backed NPCI seeks blockchain expert for Web 3.0 ventures

The National Payments Corporation of India (NPCI), an initiative of the Reserve Bank of India (RBI), has confirmed that it is on the hunt for a blockchain expert to lead its foray into Web3. According…

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