markets
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FTX boss Sam Bankman-Fried calls for tougher regulations to tackle crypto scams, following arrests linked to $4.5 billion bitcoin hack
- February 10, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
No CommentsSam Bankman-Fried co-founded the crypto exchange FTX in 2019.
FTX
Sam Bankman-Fried has called for more federal oversight of the crypto industry, after a number of high-profile hacks and scams. He said those launching coins or projects should have to follow tougher disclosure and anti-fraud rules. His comments came after a couple were arrested for alleged money laundering in connection to a $4.5 billion hack on the Bitfinex exchange in 2016.…
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ApeDAO token is on the rise after community vote to liquidate its collection of NFTs passes and auction process begins
- February 10, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
OpenSea
ApeDAO is going ahead with its NFT liquidation after the community voted in favor of the sale.ApeDAO’s token jumped as much as 7% on Thursday as the bidding process began for its NFTs.The DAO plans to list its entire Bored Ape Yacht Club assets for a minimum of 12,000 ether, worth about $37.8 million.
ApeDAO’s token price jumped as much as 7% on Thursday as it moves forward with the liquidation of its NFT portfolio after a community proposal to sell the collection passed with overwhelming support last week.…
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10 things before the opening bell
- February 10, 2022
- Posted by: MasterAdmin
- Category: Investments
Traders have been rocked by volatility in 2022.
Scott Heins/Getty Images
Welcome to 10 Things Before the Opening Bell.
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Let’s jump in.
1. Mixed forecasts point to more uncertainty on the market. After several weeks of choppy trading, Wall Street analysts can’t seem to come to a consensus about what investors should look for next.…
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XRP gains 20% in a day after Ripple makes headway in its court case with the SEC
- February 9, 2022
- Posted by: MasterAdmin
- Category: Altcoins
Ripple
Nurphoto/ Getty Images
XRP rallied as much as 20% on Tuesday, as investors took heart from developments in Ripple’s SEC case.
Ripple’s case with the SEC over how the XRP token was sold has been ongoing since late 2020.
The judge in the case has ordered several documents be unsealed, leading to investors reacting positively.Ripple’s XRP crypto token rose by as much as 20% on Tuesday, as the payments company made headway in its ongoing court battle with the US Securities and Exchange Commission.…
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El Salvador’s Chivo bitcoin wallet gets a new software developer after complaints about ID theft and disappearing funds
- February 7, 2022
- Posted by: MasterAdmin
- Category: Blockchain
Bitcoin
Francesco Carta fotografo/Getty Images
El Salvador has signed up software developer AlphaPoint to improve its Chivo bitcoin wallet.
People using the wallet have complained about issues like disappearing funds and identity theft.
El Salvador issued the wallets to citizens after it adopted bitcoin as legal tender last year.El Salvador has enlisted a new crypto software provider for its Chivo bitcoin wallet, which has drawn floods of complaints about failed transactions, lost funds and other tech glitches.…