CRYCUR

Finish of easy-cash period goes to harm

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LONDON, Feb 1 (Reuters) – (This Feb. 1 story has been corrected to repair the identify of CIO within the “Going Personal” part to Nicoll from Nicole) The tip of the easy-cash period is over and its impression but to be felt on world markets, hopeful that the ache of aggressive price hikes and excessive … Read more

Premier League indicators NFT cope with SoftBank-backed Sorare

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LONDON, Jan 30 (Reuters) – The Premier League is partnering with French fantasy sports activities platform Sorare to promote non-fungible tokens (NFTs), an indication that the sporting world is constant to embrace digital property regardless of the rout in markets. The deal offers Sorare a four-year license to promote digital sports activities playing cards of … Read more

FTX founder Bankman-Fried objects to tighter bail, says prosecutors ‘sandbagged’ him

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NEW YORK, Jan 28 (Reuters) – Legal professionals for Sam Bankman-Fried on Saturday urged a U.S. choose to not ban the indicted FTX cryptocurrency govt from speaking with former colleagues as a part of his bail, saying prosecutors “sandbagged” the method to place their shopper within the “worst potential mild.” The attorneys have been responding … Read more

U.S. says it ‘hacked the hackers’ to convey down ransomware gang, serving to 300 victims

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WASHINGTON, Jan 26 (Reuters) – The FBI revealed on Thursday it had secretly hacked and disrupted a prolific ransomware gang known as Hive, a maneuver that allowed the bureau to thwart the group from accumulating greater than $130 million in ransomware calls for from greater than 300 victims. At a information convention, U.S. Lawyer Normal … Read more

Cryptoverse: Bitcoin buyers take management

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Jan 24 (Reuters) – Paranoid? The domino downfall of FTX and different crypto custodians is sufficient to take advantage of trusting investor seize their bitcoin and shove it below the mattress. Certainly, holders large and small are taking “self-custody” of their funds, shifting them from crypto exchanges and buying and selling platforms to private digital … Read more

Feds seized almost $700 million from FTX founder Bankman-Fried

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Jan 20 (Reuters) – Federal prosecutors have seized almost $700 million in belongings from FTX founder Sam Bankman-Fried in January, largely within the type of Robinhood inventory, based on a Friday courtroom submitting. Bankman-Fried, who has been accused of stealing billions of {dollars} from FTX clients to pay money owed incurred by his crypto-focused hedge … Read more

Crypto lender Genesis getting ready to file for chapter, Bloomberg Information experiences

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Jan 18 (Reuters) – Cryptocurrency lender Genesis International Capital is planning to file for chapter as quickly as this week, Bloomberg Information reported on Wednesday, citing individuals with information of the state of affairs. A chapter submitting has been anticipated for weeks, after the corporate froze buyer redemptions on Nov. 16 following the downfall of … Read more

Cryptoverse: Bitcoin is again with a bonk

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Jan 17 (Reuters) – Bitcoin is on the cost in 2023, dragging the crypto market off the ground and electrifying bonk, a brand new meme coin. The No.1 cryptocurrency has clocked a 26% achieve in January, leaping 22% prior to now week alone, breaking again above the $20,000 stage and placing in heading in the … Read more

U.S. Trustee information objection to FTX’s deliberate asset gross sales

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Jan 7 (Reuters) – A U.S. Trustee filed an objection on Saturday to plans by bankrupt crypto alternate FTX to promote its digital forex futures and clearinghouse LedgerX, in addition to models in Japan and Europe, in line with a courtroom submitting. FTX filed for chapter safety in November and stated final month it deliberate … Read more

U.S. decide says Celsius Community owns most buyer crypto deposits

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Jan 4 (Reuters) – A U.S. chapter decide dominated on Wednesday that Celsius Community owns a lot of the cryptocurrency that prospects deposited into its on-line platform, that means most Celsius prospects can be final in line for reimbursement within the crypto lender’s chapter. The ruling by U.S. Chapter Choose Martin Glenn in New York … Read more