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OKX Drives Web3 Evolution with Strategic Investments in India in Partnership with Polygon

OKX, a global cryptocurrency exchange, will soon provide web3 services and experience across India. The company will focus on services and manage its operations with a three-pronged strategy. The company will make significant investments on three main fronts. This demonstrates OKX’s commitment to promoting innovation and development in the rapidly evolving blockchain space. OKX will…

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Coinbase Stock Hits 18-Month High After Binance Allegations

The price rally comes after rival exchange Binance pleaded guilty and traders apparently priced Coinbase’s custody arrangements for a series of spot crypto ETFs. Shares of cryptocurrency exchange Coinbase (COIN) hit an 18-month high after rival exchange Binance and its former CEO Changpeng Zhao pleaded guilty to money laundering and violations of US sanctions. On…

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Kraken will suspend USDT, DAI, WBTC, WETH and WAXL operations in Canada

Kraken will suspend all transactions related to USDT, DAI, WBTC, WETH and WAXL in Canada in November and December, according to multiple customer emails shared with Cointelegraph. In response to a request for comment from Cointelegraph, a Kraken spokesperson said, via email, “we constantly monitor the assets on our platform to ensure we meet the…

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Coinbase Stock Closes Over 9% After Cboe Spots Bitcoin ETF Partnership

Shares of Coinbase rose a significant 16% on Tuesday before settling up 9.87% following the announcement of a major surveillance exchange deal with Cboe’s BZX Exchange, marking a key development in the management of its security applications. Spot bitcoin ETF.On Tuesday, July 11, shares of Coinbase (COIN) soared as much as 16% to hit a…

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Coinbase Insiders, Including the CEO, Used Insider Trading to Avoid $1 Billion Losses

A Coinbase insider recently filed a new lawsuit naming Coinbase (NASDAQ:COIN) insiders, including chairman and CEO Brian Armstrong, for using insider trading to avoid losses of $1 billion during the public listing of the shares two years ago. . The investor filed the complaint on Monday, May 1, in the Delaware Chancery Court. Furthermore, the…

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Argentina’s Central Bank to issue a new 2,000 peso note as inflation continues to rise

The Central Bank of Argentina has announced the issuance of a new 2,000 peso note, with the aim of alleviating the burden of using cash for payments in the country. The bill, which will be worth just over $5 USD blue (the informal exchange rate), is already being criticized as an insufficient measure. Central Bank…

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Bitcoin strike-based payment app announces expansion in Philippines

Bitcoin Strike-based financial app and payment network announced that they are expanding their money transfer services with Bitcoin Lightning Network to the Philippines. The ad sees Strike making its foray into one of the biggest remittance markets in the world, valued at a staggering $35 million. Expansion to the Philippines Digital payments company Strike has…

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Why did the US Treasury sanction the Tornado Cash cryptocurrency exchange?

According to a press release, the U.S. Treasury Department announced sanctions against Tornado Cash, a decentralized exchange (DEX). The institution has added the tornado.cash website, associated entities, and various Ethereum-based addresses to its Office of Foreign Assets Control (OFAC) list of Specially Designated Citizens and Blocked Persons (SDN). There are around 40 ETH addresses on…

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Coca-Cola NFTs: The Company Launched NFT Collectibles on Polygon

Coca-Cola NFTs are here. The company is launching a series of NFT collectibles on top of the Polygon network. According to a recent press release, Coca-Cola wants to thank fans that have been part of the brand’s journey into the Metaverse. These Coca-Cola NFTs have been released on the occasion of International Friendship Day 2022.