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

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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

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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

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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?

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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

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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.

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Trade Crypto Africa – tradecryptoafrica.com

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Trade Crypto Africa is managed by a group of proffesional traders who know exactly what it takes to earn the most from each investment. We minimize risk by diversifing in multiple areas such as Crypto Mining, Crypto Trade, and innovative commericial businesses; and are constantly pushing to acheive greater results with each successful return. Now…

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Argentine Soccer Club Uses Cryptocurrency to Sign Local Player

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Argentina has been national news with the latest signing of a local soccer player with cryptocurrency. São Paulo is one of the biggest soccer teams in Brazil and they just bought a player with cryptocurrencies. São Paulo, with the help of USDC, a stablecoin pegged to the US dollar, signed the player from the Argentine…

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Tether condemns ‘false information’ and denies holding any Chinese trading paper in new statement

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Stablecoin issuer Tether wants to debunk rumors that they hold Chinese commercial paper as backing for (USDT) In a new statement from the company, Tether says it does not hold any Chinese paper and such “false information” is a threat to the industry. The company also says it plans to reduce its total commercial paper…

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Magic Eden NFT Marketplace Announces Web3 Gaming Investment of $130 Million

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Magic Eden has announced an investment in Web3 Gaming, a gaming platform built on the Ethereum blockchain, allowing developers to create games that use smart contracts to control game assets and gameplay.