Tag: News

Dvision Network Announces Dvision World 2․0 Release In Beta Mode – Press release Bitcoin News

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press release PRESS RELEASE. As part of their ongoing development, Dvision Network has announced the launch of their upgraded Dvision World 2.0 in Beta mode. The launch will officially commence on 14th December, 2022. Not too long ago, via a collaborative partnership with market leaders Binance NFT and GameFi.org, Dvision Network had unveiled the highly anticipated 4th LAND Sale, which began on October 28th at 06:00 PM, KST. What’s there to know? As stated in the official disclosure, the second iteration of Dvision World will include numerous features which will…

Bitso Partners With Felix Pago to Offer Whatsapp-Based Remittance Services Between Mexico and US – Exchanges Bitcoin News

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Bitso, a Latam-focused cryptocurrency exchange, has partnered with chat-based payments provider Felix Pagos in order to offer Whatsapp-integrated remittances. The objective of this partnership is to put nearly instant chat-based remittances in the hands of Mexican and US users that might be intimidated by crypto tech otherwise. Bitso to Power Felix Pagos Whatsapp-Integrated Remittances Remittances have been a big use case for cryptocurrency, but the relative lack of knowledge of these tools has slowed adoption in this arena. Bitso, one of the biggest crypto exchanges in Latam, with more than…

Mobile Payments Outpacing Debit Cards in Argentina According to Central Bank Reports – Fintech Bitcoin News

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Mobile payments are thriving in Argentina, leaving behind other traditional payment methods, including credit and debit cards. According to the central bank’s monthly report on retail payments, this kind of payment has thrived, representing 60% of the payments operations made, while plastic-based payment media has stagnated, registering a fall in use. Mobile Payments Keep Growing in Argentina Electronic contactless payments have been thriving in several countries of Latam, given the penetration of mobile cell phones in the area. The latest monthly report on retail payments issued by the Central Bank…

US Lawmaker Calls on SEC Chair Gensler to Testify About His Crypto Regulatory Failures – Regulation Bitcoin News

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U.S. Congressman Tom Emmer has called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to testify before Congress and “answer questions about the cost of his regulatory failures.” The lawmaker stressed: “Gensler has repeatedly dodged Congress at the expense of investors … leaving us to learn about the SEC’s crypto investigations, like the one into FTX, through the media.” Lawmaker Wants SEC Chair Gensler to Testify Regarding Crypto Regulation U.S. Congressman Tom Emmer (R-MN) wants the chairman of the U.S. Securities and Exchange Commission (SEC), Gary…

FTX Co-Founder Indicted by Federal Grand Jury in Manhattan, Bahamian Magistrate Denies SBF’s Bail – Bitcoin News

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On Dec. 13, 2022, the Southern District of New York (SDNY) prosecutor’s office and SDNY attorney Damian Williams revealed that the FTX co-founder Sam Bankman-Fried has been indicted for “fraud, money Laundering, and campaign finance offenses.” SDNY attorney Williams said that the case was not an issue of “mismanagement or poor oversight” but of “intentional fraud, plain and simple.” SDNY Prosecutor’s Office and Attorney Williams Charge SBF With 8 Financial Crimes A federal grand jury in Manhattan unsealed an indictment on Dec. 13, 2022, tied to the disgraced former FTX…

CFTC Follows SEC by Filing a Lawsuit Against Disgraced FTX Co-Founder Sam Bankman-Fried – Bitcoin News

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On Dec. 13, 2022, the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Sam Bankman-Fried (SBF), FTX Trading LTD., and Alameda Research. The CFTC alleges that FTX customer deposits, “throughout the relevant period,” including both fiat currencies and cryptocurrencies, were reportedly “appropriated by Alameda for its own use.” U.S. Commodity Futures Trading Commission: ‘FTX and Alameda Comingled, Mishandled, and Misappropriated FTX Trading Customer Funds’ From Day One The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit (Case 1:22-cv-10503) against SBF and his companies FTX and Alameda…

Bahamian Government Officials Allegedly Asked SBF to Mint Millions of Dollars in New Tokens Amid the FTX Collapse – Bitcoin News

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On Monday, court documents from lawyers involved with the FTX Trading LTD Chapter 11 bankruptcy case allege that the government of The Bahamas asked the disgraced FTX co-founder Sam Bankman-Fried (SBF) to mint new crypto tokens. The lawyers detailed that it was a “request for live, dynamic access that would be provided immediately to the government of the Bahamas and to Messrs.” Government of Bahamas Accused of Getting Special Treatment From Disgraced FTX Co-Founder Sam Bankman-Fried Following Sam Bankman-Fried’s (SBF) arrest in The Bahamas, the U.S. Securities and Exchange Commission…

Amid Speculation and Rumors Surrounding Binance, Exchange Token BNB Suffers Losses From the Alleged FUD – Market Updates Bitcoin News

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Following the FTX collapse, the largest cryptocurrency exchange by trade volume, Binance, has been surrounded by rumors and speculation in recent times. On Dec. 12, 2022, Reuters reported that U.S. Department of Justice prosecutors have been investigating Binance, according to four people familiar with the matter. Moreover, while a number of crypto assets have risen in value this past week, Binance’s exchange token has slid roughly 6.9% against the U.S. dollar over the last seven days. Binance’s BNB Takes a Hit from the Speculation Surrounding the World’s Largest Crypto Exchange…

Zogi Labs Enters Partnership with Cronos to Launch The Legends of Bezogia – Sponsored Bitcoin News

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sponsored Dubai, December 13th – Zogi Labs, a pioneering crypto company & gaming studio famously known for the BEZOGE token and the up-and-coming crypto-based MMORPG, The Legends of Bezogia today announces its partnership with Cronos. Zogi Labs has won a spot amongst batch 6 of the Cronos ecosystem grant, alongside the signing of an MOU between Cronos & Zogi Labs, forming a strategic partnership which will pave the way for the future of Zogi Labs & Cronos products. “With the signing of a strategic partnership, we plan on mutually supporting…

AVAX Hits 1-Week High, as LTC Also Climbs Following US Inflation Data – Market Updates Bitcoin News

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Avalanche rose to a one-week high on Tuesday, as markets reacted to the latest inflation report in the United States. Consumer prices rose to 7.1% in November, which was lower than the 7.3% markets had expected. The figure was also 0.6% lower than October’s reading of 7.7%. Litecoin also rebounded on the data, rising by over 6%. Avalanche (AVAX) Avalanche (AVAX) was a notable gainer on Tuesday, as prices surged following the release of U.S. inflation figures. November’s consumer price index (CPI) came in at 7.1%, which was lower than…