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16.07 / 13:47

business Fraud Pump and Dump Bitcoin Pump-and-dump PUMP How to identify and avoid a crypto pump-and-dump scheme?

Educating oneself about the crypto ecosystem is crucial for investors to pursue during a bear market while awaiting a bull cycle. That being said, having a good understanding of crypto investment entails keeping an eye out for fraudulent projects that threaten to drain assets overnight, a.k.a. pump-and-dump schemes.

16.07 / 13:47

business SEC ICO Court SEC dismisses claims against John McAfee, fines accomplice for ICO promo

The United States Securities and Exchange Commission (SEC) obtained the final judgment for an initial coin offering (ICO) promotion scheme against late entrepreneur John McAfee and accomplice Jimmy Gale Watson, Jr., filed on October 5, 2020.

16.07 / 12:31

business cryptocurrency coinbase Coinbase "temporarily shutting down" US affiliate marketing programme: Report

Crypto exchange Coinbase is "temporarily shutting down" its US affiliate-marketing program on July 19, according to a Business Insider report.

16.07 / 09:11

business Adoption Bitcoin Bit2Me to onboard 100k blocked crypto investors from 2gether exchange

Following a recent agreement between the two crypto exchanges, Bit2Me announced plans to onboard 2gether’s 100,000 crypto investors, who were recently blocked from trading due to the exchange’s inability to operate amid unfavorable market conditions.

16.07 / 00:53

business SEC Funding Bankruptcy Crypto Biz: 3AC’s founders are nowhere to be found

In the world of crypto, there’s no such thing as “too big to fail.” Three Arrows Capital, once the most recognizable hedge fund in the industry, has essentially gone belly-up after its founders believed their own hype and decided to go full-degen mode during the worst macro climate of a generation. Since the proverbial shit hit the fan last month, founders Kyle Davies and Su Zhu have kept a very low profile. So low, in fact, that their whereabouts remain a mystery, according to court documents.

15.07 / 17:03

business Stablecoin Payments Altcoin Crypto payments gain ground thanks to centralized payment processors

The cryptocurrency market has grown beyond many people’s expectations over the past decade. The nascent industry has managed to change mainstream perception quite significantly, especially in 2021, which saw many traditional financial institutions adopt crypto in one form or another.

15.07 / 14:53

business War crimes Captured British aid worker reportedly dies in custody in east Ukraine

A British aid worker, captured in eastern Ukraine, died in custody on 10 July, separatist authorities announced on Friday.

15.07 / 14:53

business LGBT European Court of Justice War crimes European Commission takes Hungary to court over anti-LGBT law and Klubrádió

The European Commission has referred Hungary to the EU's Court of Justice over two cases concerning freedom of speech that, after more than one year, remain unresolved.

15.07 / 10:35

business Technology Killing Biden to meet with Saudi Arabia leaders despite Khashoggi killing criticism

President Joe Biden will discuss energy supply, human rights, and security cooperation in Saudi Arabia on Friday on a trip designed to restart the US relationship with a country he once pledged to make a "pariah" on the world stage.

15.07 / 08:53

business Blockchain Adoption Indian Indian blockchain firm 5ire secures $100M to fund sustainability-focused project

An ambitious sustainability-based blockchain project has secured $100 million in a Series A funding round to drive its development.

15.07 / 06:25

business lending Court Bankruptcy Celsius bankruptcy Celsius bankruptcy filings show a company in deep trouble

Celsius’ bankruptcy filing has revealed some unpleasant surprises about the state of the crypto lending platform, including a $1.2 billion deficit formed largely as a result of user deposits.

15.07 / 01:13

business coinbase Gemini Job OpenSea lays off 20% of its staff, citing ‘crypto winter’

Nonfungible token (NFT) marketplace OpenSea announced mass layoffs on Thursday, joining other crypto companies in reducing headcount during one of the most volatile periods in the industry’s history.

15.07 / 01:13

business Mining Buy CleanSpark scoops up 1K+ mining rigs at 'substantially discounted price'

Crypto mining firm CleanSpark announced the purchase of more than 1,000 Bitcoin miners amid the market downturn, reporting a “substantially discounted price” compared to that earlier in 2022.

15.07 / 00:07

business Stablecoin Circle Usd Coin reserves Circle discloses full breakdown of $55.7B USDC reserves

Circle Internet Financial has released a full breakdown of its USD Coin (USDC) holdings for the first time — a move designed to offer transparency and instill greater trust ain the stablecoin issuer.

14.07 / 22:45

business regulation Cybersecurity Framework index Cyber WEF introduces cyber resilience framework, index to increase organizational security

The World Economic Forum (WEF) released a white paper on cyber resilience Thursday in which it introduces the organization’s Cyber Resilience Framework (CRF) and Cyber Resilience Index (CRI). The document, prepared in collaboration with professional services company Accenture, followed the WEF’s Global Cybersecurity Outlook, published in January.

14.07 / 21:01

business Blockchain Technology More than 2.6 million users signed up for the City of Shenzhen's digital yuan airdrop

According to data obtained from local news outlet Sohu.com, the Shenzhen Chamber of Commerce has recorded over 2.6 million signups for its latest digital yuan, or e-CNY, airdrop. Two months prior, the City of Shenzhen announced that it would be airdropping 30 million of the e-CNY central bank digital currency, or CBDC, to local residents to stimulate consumer spending as a recovery measure to the country's strict coronavirus lockdown.

14.07 / 20:19

business Government News Italy's Prime Minister Mario Draghi to resign over coalition crisis

Italy's Prime Minister Mario Draghi has said he will tender his resignation on Thursday night, after his coalition government collapsed.

14.07 / 19:59

business Withdrawals CoinFLEX resumes withdrawals, limiting users to 10%

Cryptocurrency exchange CoinFLEX is partially reopening user withdrawals, raising cautious optimism that the company was gradually recovering from liquidity constraints that were triggered by a high-profile client default.

14.07 / 19:59

business Robinhood Gemini data network Data transfer network Plaid integrates 4 major crypto exchanges

United States data transfer network Plaid has added four major cryptocurrency exchanges to its platform, giving users the ability to connect their digital asset portfolios to other applications more easily.

14.07 / 19:53

business Ursula von der Leyen Italy PM Mario Draghi survives confidence vote but coalition in doubt

Italian Premier Mario Draghi won a confidence vote in the Senate on Thursday, but the future of his government was in doubt after the populist 5-Star Movement boycotted the vote, throwing his coalition into crisis.

14.07 / 18:43

business Gas Russian airstrike kills at least 20 people in central Ukraine

Russian missiles struck a city in central Ukraine on Thursday, killing at least 20 people and wounding about 90 more, Ukrainian authorities said, in what the country's president has called “an open act of terrorism” on the country’s civilian population in areas with no military value.

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