cryptocurrency industry
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An anonymous user gave a free “base. eth” domain name to Base
On April 6th, according to the official Twitter account of Base, an anonymous user presented the \”base. eth\” domain name to the project.
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Trademark applications related to cryptocurrencies in the United States decreased by two-thirds year-on-year in Q1 2023
According to reports, although 2022 was a very successful year for trademark applications related to the cryptocurrency industry in the United States, the start of 2023 was much sl
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Coinbase Product Manager and Brother May Settle Insider Trading Charges
On April 5th, it was reported that former Coinbase product manager Ishan Wahi and his brother Nikhil Wahi may reach a settlement on charges such as insider trading based on their c
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The Challenging Role of Global Chief Compliance Officer in the Cryptocurrency Industry
According to reports, Noah Perlman, the newly appointed Global Chief Compliance Officer of Coinage, stated that the regulatory environment facing the cryptocurrency industry makes
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Marathon Digital Records Substantial Increase in Bitcoin Production in March 2023
According to reports, Bitcoin mining company Marathon Digital claims to produce 825 Bitcoins in March 2023, an increase of 21% compared to the previous month; As of March 31, 2023,
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New JOE/USDT Liquidity Pool Added to Binance Liquid Swap
On April 3, according to the official announcement of Coin Security, a new JOE/USDT liquidity pool was added to the Binance Liquid Swap.
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MaiCoin Ltd Plans to Conduct Initial Public Offering: What You Need to Know
It is reported that MaiCoin Ltd (Modern Wealth Technology), a cryptocurrency exchange, plans to conduct an initial public offering (IPO) on the Innovation Board (TIB) of Taiwan, Ch
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Regulatory Crackdowns on Cryptocurrency Exchanges: The Pressure on the Industry
According to reports, Jared Gray, CEO of Sushi Swap, stated at a public meeting that the recent wave of regulatory crackdowns on cryptocurrency exchanges (including the decentraliz
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Stronghold Digital Raises Year-End Bitcoin Mining Power Forecast to 4 EH/s
According to reports, according to an official statement, encryption mining company Stronghold Digital has raised its year-end Bitcoin mining power forecast from 3 EH/s to 4 EH/s.
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Huobi Responds to False Statements with an Open Mind and a Brave Attitude
On March 29th, Huobi released an article entitled \”Fire in the Heart, Road in the Distance!\” in response to some recent false statements that deliberately discredit Huobi. Specific
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Justice Minister of Montenegro: US and South Korea Seek Extradition of Terra Coin Founder
According to reports, the Justice Minister of Montenegro stated that both the United States and South Korea are seeking to extradite Do Kwon, the founder of Terra coins.
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The Role of Distributed Ledger Technology in Mitigating Money Laundering Risks in Europe
According to reports, the European Banking Authority proposed in a draft guidance issued on Wednesday that EU regulators should consider whether encryption style distributed ledger
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Cryptocurrency Exchange, Coin An’s $64 Billion On-Chain Investment Portfolio
According to reports, data from the blockchain analysis company Nansen shows that the on-chain investment portfolio of Coin An is currently $64 billion. USDT, BTC, ETH, BUSD, and B
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Binance Accused of Violating CFTC Regulations: What You Need to Know
On March 27th, according to the litigation documents issued by the U.S. Commodity Futures Trading Commission (CFTC), Binance and its CEO CZ violated the regulations of the CFTC, in
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Do Kwon established a encryption company in Serbia, and prosecutors are investigating whether the company was used for money laundering
On March 24th, the Serbian Technology Criminal Prosecutor’s Office and the United States Federal Prosecutor’s Office disclosed that Do Kwon, the CEO of Terraform Labs, and Shin Hyun-seung, the former CEO of Chai Corporation, who had fled with him, had established a company related to the encryption asset business in Serbia. Interpretation of this information: The recent disclosure by the Serbian Technology Criminal Prosecutor’s Office and the United States Federal Prosecutor’s Office that Do Kwon, the CEO of Terraform Labs, and Shin Hyun-seung, the former CEO of Chai Corporation, fled…
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Bithumb employees are investigated by South Korean prosecutors for allegedly accepting bribes when the company launched cryptocurrency
On March 17th, it was confirmed that employees of Bithumb, another cryptocurrency exchange in South Korea, after Coinone, were also being investigated by prosecutors for allegedly collecting money to list cryptocurrencies. The Financial Investigation Department 2 of the Southern Seoul District Attorney’s Office conducted an arrest and search on the Bithumb Holdings office and the suspect Lee. Interpretation of this information: The investigation into cryptocurrency exchanges allegedly collecting money to list cryptocurrencies in South Korea continues as employees of Bithumb are now under investigation by prosecutors. The Southern Seoul District…
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UK Treasury: Taxpayers need to separately declare encrypted assets from next year
According to reports, British Finance Minister Jeremy Hunt announced his new measures at the annual budget meeting on Wednesday, saying that officials are revising their self-assessment tax returns to require a separate determination of the amount related to encrypted assets. The move is expected to raise an additional £ 10 million ($12 million) in tax revenue annually. At the same time, officials say they will maximize the potential of the metauniverse and manage downside risks in terms of privacy, security, and harm. Interpretation of this information: The British government is…
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The current total market value of cryptocurrency is $968.9 billion
According to the report, according to CoinGecko data, the current total market value of cryptocurrency is $968.9 billion, with a 24 hour increase of 0.4%. The 24 hour trading volume is $106.47 billion. The current market value of Bitcoin accounts for 40.3%, and that of Ethereum accounts for 18.1%. Interpretation of this information: The cryptocurrency industry has grown significantly over the years, and it currently has a total market value of $968.9 billion, according to a recent report by CoinGecko. This value has increased by 0.4% in the last 24…
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US Senator: Too much efforts by regulators to crack down on banks in the encryption industry may “punish the whole industry”
It is reported that four Republican senators said in a letter to several U.S. regulators that regulators are increasingly cracking down on banks serving participants in the cryptocurrency industry and may “punish the entire industry”. The letter dated March 9 said that the crackdown on the cryptocurrency industry may exceed the scope of authority of the regulatory authority, similar to the previous crackdown on legitimate gun suppliers through the regulatory financial system. Interpretation of this information: The letter sent by four Republican senators to U.S. regulators highlights concerns that regulators…
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JPMorgan Chase: The collapse of Silvergate and the closure of SEN network bring challenges to the encryption industry
It is reported that JPMorgan said in a research report on Thursday that the collapse of the encryption bank Silvergate and the closure of the Silvergate Exchange Network (SEN) posed a challenge to the encryption industry. JPMorgan Chase said that in view of the current background and “after the collapse of FTX, traditional banks are generally reluctant to cooperate with cryptocurrency companies and are facing huge regulatory pressure”, it would be challenging to replace the SEN that handles dollar deposits and withdrawals between cryptocurrency market participants. Interpretation of this information:…