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APLD Signs Artificial Intelligence Hosting Deal Worth Up to $460M
Shares of miner Applied Digital surged on Nasdaq as the firm announced a second AI cloud hosting deal. Source link
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Binance Ordered to Immediately Halt Offering Crypto Services in Belgium by Markets Regulator FSMA
The Financial Services and Markets Authority (FSMA) said Binance is “offering and providing exchange services in Belgium between virtual currencies and legal currencies, as well as custody wallet services, from countries that are not members […]
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SEC Sought Freeze Order Despite ‘No Evidence’ That Binance Was Moving U.S. Customer Funds
“There are a lot of details about amounts transferred and where they went…” Barrett asked the SEC’s lawyers. “You say these funds consisted in significant part of Binance platforms, plural, customer assets, including those of […]
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Coinbase Wins U.S. Supreme Court Ruling in Arbitration Lawsuit
The ruling, which won a 5-4 majority, allows Coinbase to continue its effort to compel arbitration against the putative class action lawsuit, halting the lawsuit’s progress through the federal court system in the meantime. While […]
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JPMorgan Expands Its Blockchain-Based Token to Euro Payments: Bloomberg
Since its inception in 2019, over $300 billion in transactions have been processed using JPM Coin. Source link
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Crypto.com Approved for Registration as Digital Asset Service Provider With Bank of Spain
The registration, approved after what the company said was a “comprehensive review of its compliance with Anti-Money Laundering Directive (AMLD) and other financial crimes laws,” will allow Crypto.com to offer a “suite of its products […]
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CFTC Takes Action Against New York Resident for $21M Crypto Pooling Scam
The Commodity Futures Trading Commission (CFTC) has filed an enforcement action against a New York city resident, William Koo Ichioka, for fraudulently misappropriating over $21 million from over 100 commodity pool participants’ funds. Source link
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FTX’s Sister Firm Alameda Seeks Return of $700M Bankman-Fried Paid for Celebrity, Political Access
Bankman-Fried appeared starstruck by a February 2022 party at Kives’ house where fellow guests included a former Presidential candidate, actors, reality TV stars, musicians and multiple billionaires. Within weeks, Bankman-Fried had signed a document promising […]
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First Mover Asia: Bitcoin Surge May 'Not Be the Beginning of the End of the Bear Market,' Analyst Says
ALSO: CoinDesk Senior Research Analyst George Kaloudis offers a straightforward explanation of why BlackRock and other financial services giants want to offer a spot bitcoin ETF. Source link
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Loyalty, Memberships and Ticketing: How NFTs Will Bring About Mass Adoption
The conversation around NFTs has shifted from speculation to utility. Now, major players have opted to use NFTs to power loyalty, membership and ticketing services, signaling positive signs for mass adoption. Source link