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Circle looks to reaffirm commitment to transparency as USDC market share soars

Circle looks to reaffirm commitment to transparency as USDC market share soars

[ad_1] The cryptocurrency market has experienced a turbulent period as of late, with several firms filing for bankruptcy or shutting down. Voyager Digital announced its bankruptcy on Wednesday, becoming the second crypto lender to default following Three Arrows Capital. In the light of present market circumstances, Circle has sought to reaffirm its commitment to openness and user security […]

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Italian Government to Provide €45m in Grants for Blockchain Industry

Italian Government to Provide €45m in Grants for Blockchain Industry

[ad_1] Italy’s Ministry of Economic Development is planning to provide up to $46 million in subsidies for developing projects across artificial intelligence, blockchain and Internet of Things technologies, starting in mid-to-late September. The new policy is expected to strengthen research and innovation capabilities for industries. Minister of Economic Development Giancarlo Giorgetti said “the challenge of

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Binance announces zero-fee Bitcoin spot trading

Binance announces zero-fee Bitcoin spot trading

[ad_1] As it celebrates its 5th anniversary, the world-leading crypto exchange Binance has announced the elimination of trading fees on a range of bitcoin spot trading pairs. The exchange revealed this through an announcement on its blog page. In a separate article Binance stated: “As #BinanceTurns5, join in the celebration with zero fees on a

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World’s first short Bitcoin ETF sees exposure explode 300% in days

World’s first short Bitcoin ETF sees exposure explode 300% in days

[ad_1] Bitcoin (BTC) remains a popular institutional investment target in July, but the money is not betting on a bright future. According to data from research firm Arcane Research published July 6, institutional flows focused on products offering exposure to shorting BTC in the first week of the month. Shorting Bitcoin is the name of

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Binance Partners with Payment Platform Latam Gateway, Resuming Deposits and Withdrawals Service

Binance Partners with Payment Platform Latam Gateway, Resuming Deposits and Withdrawals Service

[ad_1] Cryptocurrency exchange Binance has announced a partnership with Brazilian payments platform Latam Gateway to restore deposits in Brazilian reals in the region. Latam Gateway helps clients monetize their digital business in Latin America through local and instant payments, developing an exclusive technology to increase sales conversion in this region. On June 17, Binance said,

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Bitcoin mining stocks rebound sharply despite a 70% drop in BTC miners’ revenue

Bitcoin mining stocks rebound sharply despite a 70% drop in BTC miners’ revenue

[ad_1] Bitcoin (BTC) mining companies have suffered in 2022 due to the crypto bear market. Nonetheless, their stocks collectively saw a sharp rebound on July 6, raising hopes that investors have started to buy the dips. One of the intraday winners was Bitfarms (TSE: BITF), which surged by over 24% to close at $1.29. Similarly, Marathon

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Crypto Miner HIVE Requested for Resubmission of Form 40-F

Crypto Miner HIVE Requested for Resubmission of Form 40-F

[ad_1] Hive Blockchain Technologies Ltd, a Vancouver-based cryptocurrency mining company headquartered in Canada, said it received a letter from Nasdaq requesting the company to renew its annual report on Form 40-F (“Form 40-F”). The letter reads, “due to delays in filing submit plans to meet exchange listing compliance”. Form 40-F includes audited financial statements, the

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85% of merchants see crypto payments as a way to reach new customers: Survey

85% of merchants see crypto payments as a way to reach new customers: Survey

[ad_1] While the market goes steady, the crypto ecosystem continues to grow as merchants innovate and adopt cryptocurrency payments in their quest to gain new customers.  Data platform PYMNTS collaborated with Bitpay to survey merchants, in an attempt to understand the trends on what the participants expect from digital currencies and their effect on payments

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Blockchain Analytics to Help Curb Crypto Misuse, Says HashCash CEO

Blockchain Analytics to Help Curb Crypto Misuse, Says HashCash CEO

[ad_1] Since the crypto industry is growing at a frantic pace, blockchain analytics can help fill the void of curbing money laundering and cybercriminal activities, according to Raj Chowdhury, the CEO of HashCash Consultants. “There has been a conscious effort in implementing stricter crypto regulations worldwide. Blockchain analytics will play a crucial role in decision-making

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Voyager Digital files for Chapter 11 bankruptcy, proposes recovery plan

Voyager Digital files for Chapter 11 bankruptcy, proposes recovery plan

[ad_1] Days after pausing trading, withdrawals and deposits, crypto exchange Voyager Digital is filing for bankruptcy under Chapter 11 in the Southern District Court of New York. Voyager’s Chapter 11 bankruptcy filing indicated that it is on the hook for anywhere from $1 billion to $10 billion in assets to more than 100,000 creditors. The

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