Day: November 13, 2022

Everything you want to know about US Crypto Bill | Cryptocurrency

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io #Cryptocurrency #Crypto #USA Let’s talk about the Crypto bill which is being put forward by Senetor Cynthia Lummis and Kirsten Gillibrand. Although the bill has not yet been passed but it is looking forward to move in the right direction. Let’s know everything you want to know about the bill. WARNING – We will never leave share our whatsapp number on your comment, nor will contact your from any social media account (Our only Social Media Account links are given below), we…

Kraken CEO Discusses Impact of FTX Failure โ€” Says Damage to Crypto Industry Is Huge, Will Take Years to Undo โ€“ Featured Bitcoin News

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The CEO of cryptocurrency exchange Kraken has outlined the impact of FTXโ€™s failure on the crypto industry. After listing multiple red flags, the executive stressed: โ€œThe damage here is huge โ€ฆ Weโ€™re going to be working to undo this for years.โ€ Crypto Exchange Krakenโ€™s CEO on Damage to Crypto Industry Caused by FTXโ€™s Failure The CEO of cryptocurrency exchange Kraken, Jesse Powell, shared his thoughts on the collapse of FTX in a series of tweets Thursday. FTX filed for Chapter 11 bankruptcy Friday. โ€œThis is a massive setback,โ€ he began.…

Bitcoin: Die KAPITULATION (fundamental) beginnt! Finanz- & Makro Achterbahn! Krypto News

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CrossTower revises new offer for Voyager’s assets after FTX’s bankruptcy

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Crypto exchange CrossTower is working on a revised offer for the assets of bankrupt crypto lender Voyager Digital, a spokesperson told Cointelegraph. Voyager announced the reopening of its bidding process after FTX US, the original winner in the bid, filed for bankruptcy in the United States on Nov. 11. “We are working on a revised offer that we feel will benefit the Voyager customers and the wider Crypto community. CrossTower has always been, and will continue to be, very community-focussed.”, the spokesperson said, without specifying an amount. In September, FTX…

Developers could have prevented crypto’s 2022 hacks if they took basic security measures

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Users losing funds due to malicious activity is hardly unknown on Ethereum. In fact, it is the very reason researchers recently developed a proposal to introduce a type of token that is reversible in the event of a hack or other unsavory behaviors.ย  Specifically, the suggestion would see the creation of an ERC-20R and ERC-721R, which would be modified versions of the standards that govern both regular Ethereum tokens and nonfungible tokens (NFTs). The premise goes like this: this new standard would allow users to make a โ€œfreeze requestโ€ on…

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Bank of Russia Sets Out to Regulate Digital Asset Taxation, Exchange, Still Opposed to Crypto โ€“ Regulation Bitcoin News

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The Central Bank of Russia supports the development of digital financial assets but remains opposed to legalizing crypto payments, its top management has reiterated. The monetary authority is now working on a set of regulatory proposals that will be submitted to parliament by the end of the year. Russiaโ€™s Central Bank Takes Legislative Initiative in Digital Assets Regulation The Central Bank of the Russian Federation (CBR) intends to file a legislative package concerning the regulation of digital financial assets (DFAs) with the State Duma, the lower house of parliament. Under…

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Crypto & Stock Market Crash! | I'm doing This . . .

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Royal Bahamas Police Force Reveals FTX Is Being Investigated for ‘Criminal Misconduct’ โ€“ Bitcoin News

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โ€œA team of financial investigatorsโ€ are currently investigating the now-defunct crypto exchange FTX, the Royal Bahamas Police Force said in a statement shared on Sunday. The police noted that the financial investigators were searching to see if โ€œany criminal misconduct occurred.โ€ Bahamas Law Enforcement Looks Into FTX Collapse After the Bahamas securities regulator took action against FTX on Nov. 11, 2022, the countryโ€™s Securities Commission updated the public the following day. The regulating entity noted that it did not give permission to FTX to authorize withdrawals for Bahamian customers. โ€œThe…