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Wallet of Satoshi Ceases Operations in the United States

Wallet of Satoshi Halts U.S. Operations Wallet of Satoshi (WoS), a provider of Lightning Network payment services, has announced its departure from the U.S. market. The Australian-based company, founded by Daniel Alexiuc in 2018, offers an iOS and Android application for managing bitcoin (BTC) and Lightning Network transactions. The decision to remove the WoS app

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Do Kwon Faces Extradition Dilemma: Montenegro’s Justice Minister to Decide Between US and South Korea

Judge Will Decide on Do Kwon’s Extradition In a decision made by the Podgorica High Court, Do Hyeong Kwon, also known as Do Kwon, former CEO of Terraform Labs, is facing extradition after serving a four-month sentence in Montenegro for falsifying travel documents. The United States and South Korea have both requested his extradition, and

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The U.S. Department of Justice Reveals Charges Against Binance for Violating AML Laws

Binance Hit with $4.316 Billion Settlement The U.S. Department of Justice (DOJ) has unveiled charges against Binance Holdings Limited, the world's largest crypto exchange, for noncompliance with anti-money laundering (AML) laws. The company has reached a significant $4.316 billion settlement with the DOJ, marking a major development in the crypto industry. Binance Accused of Providing

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Former NYSE President Predicts Influx of Money into Bitcoin with Spot ETF Approval

Tom Farley Optimistic about Bitcoin's Future In an exclusive interview with CNBC, Tom Farley, the former President of the New York Stock Exchange (NYSE) and current CEO of Bullish, shared his optimistic outlook on the future of cryptocurrency, particularly Bitcoin, upon the potential approval of a Bitcoin spot exchange-traded fund (ETF) by the Securities and

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The Potential Impact of Spot Bitcoin ETFs on the Crypto Market

Pantera Capital's Dan Moorehead Sees a Transformative Leap in Bitcoin Accessibility In the world of digital assets, the approval of a spot bitcoin ETF (exchange-traded fund) is seen as a significant milestone. According to Dan Moorehead, the founder and CEO of Pantera Capital, this development represents more than just another chapter in the crypto narrative.

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Argentina’s President-Elect Javier Milei ‘No Anarcho-Capitalist’ Says Former Greek Finance Minister

Milei a Dictator in Libertarian Clothing According to former Greek finance minister Yanis Varoufakis, Argentina's president-elect Javier Milei is not an anarcho-capitalist, as many libertarians might believe. Varoufakis, who is now an economics professor, compared Milei to Argentina's military ruler Jorge Rafael Videla, suggesting that Milei is a far-right winner disguised as a libertarian. Varoufakis

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Meet StocksFC: The Football Stock Market Where Goals Earn You Crypto

A Game-Changer in Sports and Finance StocksFC, the innovative football (soccer) stock market platform that operates on Ethereum, is proud to announce its remarkable success since its establishment six months ago. In this short period, StocksFC has revolutionized the sports investment landscape by providing fans with an unprecedented opportunity to monetize their football knowledge. Unrivalled

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The Dominance of Bitcoin Mining Pools and its Implications

Bitcoin Mining Pools: A Nuanced Discussion Crypto analyst Chris Blec recently highlighted that two major Bitcoin mining pools now control over half of the network's total hashrate. This dominance has raised concerns about the centralization of Bitcoin mining and its potential impact on regulatory standards. Blec suggests that these mining pools may enforce Know Your

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SEC Publishes Enforcement Results for Crypto Assets in FY 2023

Introduction The U.S. Securities and Exchange Commission (SEC) has recently released its enforcement results for fiscal year 2023, specifically focusing on actions related to crypto assets. According to the SEC, this year has been highly productive and impactful in terms of its enforcement efforts in the crypto asset securities space. SEC Chairman Gary Gensler emphasized

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