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September 19, 2023
The interim judicial managers of Hodlnaut argued that the $30 million offer of FLEX tokens is “illiquid” and has “speculative value.” The interim judicial managers of the collapsed cryptocurrency lender Hodlnaut have reportedly rejected the latest buyout deal amid the settlement token plummeting 90%. Hodlnaut administrators have opposed the takeover terms from cryptocurrency exchange OPNX,...
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The Bank of Latvia has been quietly stepping up its game in providing assistance to fintech projects while employing the latest emerging technologies internally. Fintech innovations and emerging technologies have swept the world, causing global lawmakers to rush to understand and regulate them.  While some countries like the United States and El Salvador have had...
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The corporate world is filled with the carcasses of companies (and cryptos) who found out too late that the Lindy effect could not save them. If you ask people if they think that companies that have been around for many decades (even more than a hundred years) versus a startup would have a better chance...
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Numerous initiatives by local and state governments in India — from data management systems to verifiable certificate issuances — currently use blockchain technology. Ever since Bitcoin (BTC) popularized blockchain technology worldwide, the tech has found its way into myriad processes, from finance to public administration. What started as a flex statement for early adopters has...
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Adam Back, Paolo Ardoino and enthusiastic students from all over the world share insights on Bitcoin school as well as crypto adoption in Switzerland. This week, Cointelegraph reporter Joe Hall takes podcast listeners back to school — Bitcoin (BTC) school.  On the latest episode of Decentralize with Cointelegraph, listeners can indulge in interview snippets, soundbites...
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Blockchain trackers flag $1 billion “authorised but not issued” USDT mint at Tether’s Treasury, CTO Paolo Ardoino clarifies holdings will be used for ongoing TRON issuance requests and chain swaps. Accounts monitoring blockchains for major mints, trades and token transfers have flagged a $1 billion authorization of USDT in Tether’s Treasury that is set to provide...
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BaFin’s top executive stresses the risks of crypto and calls for global regulation to apply to all financial centers, without exceptions. While the European Union has made significant progress toward regulating crypto by approving its comprehensive framework, Markets in Crypto Assets (MiCA), the need for global regulation still remains, according to one of the top...
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According to the allegations, Sam Bankman-Fried’s father Joseph Bankman was a “de facto officer” at the FTX Group. Debtors of the bankrupt cryptocurrency exchange FTX have launched action against the parents of FTX founder Sam Bankman-Fried, alleging that they misappropriated millions of dollars through their involvement in the exchange’s business. The counsel for FTX debtors...
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During the bill’s review phase, the House of Lords agreed on certain amendments to clarify its intent of targeting monetary proceeds from fraud or other financial crimes. A bill that aims to expand the ability of authorities in the United Kindom to target illicit cryptocurrency usage has been pushed to the final stages for approval...
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A network of 35,000 smartphone sound sensors was deployed on the Peaq Network ecosystem to collect hyper-local noise pollution data for well-being. The Silencio network has over 35,000 smartphones working as noise sensors via the Peaq Network blockchain ecosystem in an effort to combat the issue of global noise pollution. On Sept. 19, the Silencio...
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