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FTX Reboot: A Possibility or a Far-Fetched Dream?

FTX may reopen its crypto exchange operationsFTX has recovered $7.3 billion in cash and crypto assetsFTX’s token more than doubled in price on the reports of a potential rebootFTX CEO John Ray first floated the idea of a possible reboot in JanuaryFTX’s RecoveryFTX has recovered $7.3 billion, and the failed exchange could relaunch, lawyers say. “The situation has stabilized, and the dumpster fire is out,”...

Bankruptcy, Exchanges, Front page, FTX, Main, News, Sam Bankman-Fried

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UK Passes Bill Recognizing Crypto as Regulated Financial Activity

The UK has officially passed the Financial Services and Markets Act 2023The bill recognizes crypto as a regulated financial activity within the countryThe act received royal assent and was approved by King Charles on ThursdayThe move places the UK ahead of the US in terms of acceptanceUK brings regulations to cryptoThe Financial Services and Markets Bill (FSMB) received Royal Assent from King Charles on Thursday. The...

Blockchain, Crypto regulation, Cryptocurrencies, Front page, Main, News

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HSBC Hong Kong Enables Trading of Bitcoin and Ethereum ETFs

HSBC Hong Kong has enabled the trading of Bitcoin and Ethereum ETFs listed on Hong Kong’s stock exchange.The bank is offering three specific cryptocurrency ETFs: CSOP Bitcoin Futures, CSOP Ethereum Futures, and Samsung Bitcoin Futures Active.The move aims to expand local users’ exposure to cryptocurrencies in Hong Kong.HSBC Hong Kong, the largest bank in Hong Kong, has allowed its customers to buy and sell exchange-traded...

Bitcoin, ETF, Front page, HSBC, Main, News

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The Untold Story of BlackRock and Bitcoin

In a recent Twitter thread by the popular technology and cryptocurrency influencer and popular communicator @Techconcatalina, it was revealed that BlackRock and other major banks have been quietly buying Bitcoin even before an ETF was available. While the SEC was busy accusing Binance and Coinbase, these banks were increasing their exposure to cryptocurrency.🔸 El sexto banco más grande de Canadá 🇨🇦 COMPRO más de medio millón de dólares en...

Bitcoin, Front page, Main, MicroStrategy, News

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Grayscale Bitcoin Trust Gets a Bullish Bump After BlackRock ETF Filing

Grayscale Bitcoin Trust (GBTC) jumped more than 12% on FridayBlackRock filed its Bitcoin ETF applicationThe discount on the Grayscale Bitcoin Trust (GBTC) share price to net asset value narrowed FridayGrayscale Bitcoin Trust (GBTC) jumps more than 12%The Grayscale Bitcoin Trust (GBTC) jumped more than 12% on Friday in reaction to BlackRock filing its Bitcoin ETF application. The move was seen as a sign of growing institutional...

Blackrock, Cryptocurrencies, ETF, Front page, GBTC, Main, News

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BlackRock Files for Spot Bitcoin ETF, a First for the U.S.

BlackRock files for spot Bitcoin ETFCoinbase tapped as custodianIf approved, it would be the first publicly traded crypto product of its kind in the U.S.BlackRock Files for Spot Bitcoin ETFAsset management giant BlackRock took the first steps Thursday to launch a spot bitcoin exchange-traded fund (ETF), which has long been a point of contention between crypto advocates and federal regulators. The firm filed an application with...

Bitcoin, Blackrock, Coinbase, ETF, Front page, Main, News

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Using Metamask for Gambling

The unique Metamask gaming model is causing yet another quick development in the online gambling sector. The phrase “Metamask” was common for a time, but with the development of Web3 technology and its subsequent growth in popularity, this service is now more widely available to both individuals and organizations.It’s a creative way to play casinos and manage money to bet online using a cryptocurrency wallet like Metamask.io. You won’t have...

Blockchain, Crypto casino, Crypto Games, Cryptocurrencies, GameFi

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US Lawmakers Introduce Bill to Fire SEC Chair Gary Gensler

Two Republican congressmen, Warren Davidson and Tom Emmer, have introduced a bill to fire Securities and Exchange Commission (SEC) Chair Gary Gensler.The bill, called the “SEC Stabilization Act,” would also restructure the SEC and decentralize its power.Davidson and Emmer have been critical of Gensler’s handling of the crypto market, saying that he has been “incompetent” and has driven the industry overseas.The...

Crypto regulation, Cryptocurrencies, Front page, Main, News, SEC

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eTukTuk Launches Station App To Bring Awareness to the Transport rEVolution

eTukTuk – a blockchain-based charging infrastructure and electric vehicle (EV) ecosystem announced today the development of a community-first app driving engagement and awareness around the platform’s mission to launch into developing countries.In its recent User Statement, eTukTuk declared that its Station App is a place for community members to become part of the transportation “rEVolution”, stating, “We are actively increasing our...

Cardano, Crypto apps, Crypto world, Press release

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Arbitrum Onboards Norway’s Digital Krone

In Brief:Arbitrum, the leading Layer 2 scaling solution for Ethereum, is making major strides toward expanding its ecosystem.Symfoni Solutions announced the launch of a bridge between Norway’s central bank digital currency (CBDC) and BRØK.The Arbitrum-based NOK token is programmable. Circle launched native support for USDC on Arbitrum.Arbitrum, the leading Layer 2 scaling solution for Ethereum, is making major strides towards...

$ARB, Arbitrum, Front page, Main, News

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