financialtechnology
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U.S. Feds Sue Coinbase One Day After Filing Suit Against Binance
The Securities and Exchange Committee filed a lengthy lawsuit against Coinbase on Tuesday, accusing the largest crypto exchange in the US of operating as an illegal, unregistered broker and exchange for its crypto exchange, Coinbase Prime, and its Coinbase Wallet. The legal action comes less than 24 hours after the SEC filed a separate suit…
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A Quarter of Prominent New Cryptocurrency Tokens Appear to Be Scams, Researchers Find
If you were seeking any more reasons to be sceptical of the crypto market, here you go: Nearly a quarter of new coins minted on the blockchain that attained any value in 2022 fit the on-chain characteristics of a pump-and-dump scheme, according to a report chapter from blockchain tracking and analysis group, Chainalysis, released Thursday.
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Ted Cruz Wants to Use Crypto in U.S. Capitol Vending Machines
There’s no such thing as a free lunch (or snack) and Texas Senator Ted Cruz knows this, which is why the conservative wants to bring cryptocurrency into Congress.
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1 in 3 Members of Congress Received Donations From FTX Execs
A new report from CoinDesk has found that 1 in 3 members of Congress — 196 senators and representatives — received political donations from former FTX executives, including the disgraced former head of the company, Sam Bankman-Fried.