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Former CFTC Chair to Remain Focused on Crypto and Blockchain at New Law Firm

Former CFTC Chairman Giancarlo joins New York-based law firm where he will reportedly continue to advocate for the U.S. digital dollar. Former United States Commodity Futures Trading Commission (CFTC) chairman Chris Giancarlo was hired as senior counsel at the New York-based law firm Willkie Farr & Gallagher.Digitize the dollar and...

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US SEC Hires In-House Attorney As New Chief Of Cyber Unit

United States SEC hires an in-house attorney as Chief of the Division of Enforcement’s Cyber Unit, tasked with protecting investors against cyber-related misconduct. The United States Securities and Exchange Commission (SEC) has hired Kristina Littman as Chief of the Division of Enforcement’s Cyber Unit, a specialized unit that aims to...

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Ripple Transfers 1 Billion XRP Tokens From Escrow Wallet and Back Again

Ripple transfers a total of 1 billion XRP tokens from its escrow wallet to Ripple today, only to transfer it back minutes later. Whale Alert, the ever-vigilant live tracker for cryptocurrency transactions, noted that Ripple transferred a total of 1 billion XRP tokens from its escrow wallet on Dec. 2.The...

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Binance’s CZ: This Vibrant Country Is One Of The Fastest-Growing Crypto Nations

In this Q&A with Cointelegraph, Binance CEO CZ revealed the company’s plans for Turkey, a country he thinks has strong opportunity with crypto. At a recent B2B event in Turkey, suit-clad men and women from traditional financial institutions and the public sector stood in line to take a selfie with...

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Bitcoin Price: Cracking $7.4K Opens Path to $8.1K Resistance — Analyst

A quieter 24 hours gets analysts considering a narrower trading corridor for the short term, with $6,900 a likely lower boundary if current levels fail to hold. Bitcoin (BTC) stayed rangebound on Dec. 2 after a descent from near $8,000 over the weekend failed to crack the $7,000 support.Cryptocurrency market...

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Price Analysis 02/12: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX

Bitcoin appears to have bottomed at $6,500 and once confirmed many cryptocurrencies could provide lucrative trading opportunities at a good risk-reward ratio. Bitcoin price continues to trade with an advantage to bears but this does not mean investors or miners have capitulated. About 64% of the total Bitcoin mined to...

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Waves DEX Shuts Down and Relaunches as Hybrid Cryptocurrency Exchange

Decentralized exchange Waves DEX shut down to resume operations as a hybrid exchange. Decentralized exchange (DEX) Waves DEX shut down to resume operations as a hybrid exchange, Waves announced in a press release shared with Cointelegraph on Dec. 2.Per the release, the exchange has already ceased operations on the old...

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OneCoin Website Goes Offline as Net Closes in on $4B Ponzi Scheme

A domain registry says the ongoing legal investigation into OneCoin compelled it to freeze its website, years after critics first accused the scam’s operators of fraud. The website for cryptocurrency Ponzi scheme OneCoin has finally ceased operating, months after United States authorities indicted one of its founders for fraud.As MLM...

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Blockchain Firm Figure Technologies Secures $58M, Aims for $103M

San Francisco-based financial technology firm Figure Technologies has secured $58 million in a total offering amount of $103 million. San Francisco-based fintech firm Figure Technologies has secured $58 million in a recent funding round which aims to raise a total of $103 million.According to a filing with the United States...

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CryptoBridge Decentralized Exchange Shuts Down Citing Regulations, Markets

Decentralized cryptocurrency exchange CryptoBridge announced the closure of its platform, citing market conditions and regulatory pressure. The decentralized cryptocurrency exchange (DEX) CryptoBridge announced that it is closing down in a message on its website.In the announcement, the exchange warns users that all of the firm’s services and servers will terminate...

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