Category: Crypto News
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Crypto-currencies: the Kraken exchange will close its operations in Japan
US crypto exchange Kraken closes in Japan. This was announced by the company itself in a notice where it was stated that customers should withdraw their shares from January 31. The company clarified that there are guarantees on the accounts that allow their funds to be withdrawn in their entirety. Users can withdraw to an…
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Sam Bankman-Fried pleads guilty to FTX fraud
Reuters reports that Sam Bankman-Fried will plead guilty to the charges against him in the FTX collapse. This will take place on a scheduled court date in early 2023. Everything points to Sam Bankman-Fried running out of options to get free from the FTX debacle. As Reuters reported, the young businessman, who has so far…
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Miner bitcoin sales fall to 5-year low
The flow of bitcoins from miners, both on and off the exchange, suggests that we won’t see a capitulation any time soon. Miners are trading their bitcoin (BTC) at minimal prices, contrary to what one would expect in a bear market that has been going on for over a year so far. Bitcoin network monitoring…
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Japan to lift ban on foreign stablecoins like USDT in 2023
Japanese regulators are reviewing some key cryptocurrency restrictions related to the use of stablecoins such as Tether USDT. Japan’s Financial Services Agency (FSA) will lift the ban on domestic distribution of overseas-issued stablecoins in 2023, local news agency Nikkei reported on Dec. 26. New stablecoin regulations in Japan will allow local exchanges to handle stablecoin…
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SEC tries to keep Hinman documents hidden in Ripple case
The United States Securities and Exchange Commission (SEC) has asked to seal the infamous Hinman speech documents. Arguing that they are irrelevant to the court’s summary judgment order. The motion to seal summary judgment was filed by the SEC on December 22. Requests the sealing of various information and documents, among which the documents of…
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Hackers stole $8 million worth of crypto from Bitkeep wallets
While many are still enjoying the holidays, pirates are hard at work. Drains about $8 million in crypto in BitKeep Wallet Attack. On December 26, some users of BitKeep’s multichain wallet reported that their funds were drained and transferred while they weren’t using their wallet. On its official Telegram group, the BitKeep team has confirmed…
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The Binance Moment
Is it Binance’s time to shine? The year that is about to end has been forgotten for the crypto market. In this context, we wonder: Can Binance be the big winner in 2023? Binance CEO Changpeng Zhao (also known as CZ) made a point of saying that despite cryptocurrency exchange FTX’s spectacular crash in November,…
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The crypto community
The crypto community expresses its position on the current market situation This Christmas, the crypto community was expecting a recovery in the cryptocurrency market. However, it did not happen that way. Traders hoping for a rally over the Christmas period were disappointed as markets held steady as many celebrated the festive season. Members of the…
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Can Cryptocurrencies Recover After Binance Crisis and FTX Failure?
“The problems do not point to a sustainable recovery”, they explain of Julius Baer Will there be a cryptocurrency boom in 2023? This is the big question the market is trying to answer, but it’s not easy. The bankruptcy of FTX has put even more downward pressure on the “cryptos” after the “crash” of Terra…
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2022 would be the year of crypto consolidation: today we don’t know how it will survive 2023
We summarize twelve months of total debacle in the world of cryptocurrencies, which for some revealed their total overvaluation, and for others will serve as an excuse to sink a proposal that would change the economic system. A year ago, anyone not excited about NFTs either thought it didn’t make sense or tried to explain…
