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U.K. considers blanket ban on crypto investment cold calls
Key Points The United Kingdom Treasury has released a consultation paper seeking to understand the effects of a blanket ban on crypto-related cold calls. The new fieldwork seeks to understand the impacts such a crypto regulation would have on businesses and the...
BlockFi argues FTX and Three Arrows Capital aren’t victims in the repayment case
Key Points Bankrupt crypto lender BlockFi is working on blocking FTX and 3AC from retrieving millions in loan payback. FTX and 3AC had lent money to BlockFi but underwent bankruptcy in 2022, necessitating the payback of loans given to the crypto lender. In an August...
Binance.US to use MoonPay as their USD banking ramp
Key Points Binance.US has scored another win after securing a partnership with MoonPay after having its US bank ties severed. The exchange was on the spot after a lawsuit from the US SEC, prompting the banks to draw away from it as preventive measures. Binance.US has...
Demystifying Venture Funds: Significance and Impact on the Innovation Landscape
IntroductionUnderstanding Venture FundsWhy Venture Funds MatterVenture Fund LifecycleRisks and ChallengesConclusion Introduction As an investor, it's good to understand the crucial role venture funds play in the world of finance and innovation. This article delves...
Bitcoin hash difficulty jumps 6%
Key Points Bitcoin's hash difficulty has risen by 6% despite a market dip. Bitcoin recently fell to 26K levels claiming over $1 billion in liquidations. BTC price action is causing panic in the markets as traders are experiencing high liquidation ratios. However,...
South Korean City of Cheongju to seize crypto from thousands of tax evaders
Key Points Authorities in the South Korean City of Cheongju are set to seize crypto from uncooperative taxpayers. These authorities seek to seize crypto from thousands who have over $750 in crypto taxes to the government. The South Korean City of Cheongju is set to...