Category: CyberFinance
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Abnormal Price Movements On Binance, Not A Hack Attack: CZ Gives The All-Clear!
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On December 11, Binance published a notice about abnormal price movements on some trading pairs. The crypto exchange has investigated suspicious behavior on its platform after noticing abnormal price movements in some trading pairs with the Sun Token (SUN), Ardor (ARDR), Osmosis (OSMO), FUNToken (FUN), and Golem (GLM). Nearly 40…
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Klarna CEO Sees No Further Rounds Of Layoffs Despite Tripled Net Loss!
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The payment service provider Klarna is suffering from consumer restraint. Nevertheless, Klarna CEO Sebastian Siemiatkowski is optimistic. Growth in the U.S. and the U.K. gave the “Buy-Now-Pay-Later” pioneer Klarna an increase in revenue in the first nine months of the year. Revenues and payment volumes rose 22% year-on-year, the Swedish…
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Prosecutor’s Office Closes Investigation Into Fraud In The Sale Of Payvision To ING
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The public prosecutor’s investigation into the sale of Amsterdam fintech company Payvision to ING has been stopped. The public prosecutor’s investigation into the sale of Amsterdam fintech company Payvision to ING has been stopped. The Public Prosecutor’s Office was investigating the sale of the payment service that ING acquired for…
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Ripple Attacks SEC Over Its Deal With Now Bankrupt BlockFi!
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Crypto lender BlockFi filed for Chapter 11 bankruptcy on Monday! In the first week of November, BlockFi paused withdrawals from customers. The crypto lending platform had drawn down a $400 million line of credit from FTX US over the summer and was one of the first victims of the crypto…
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Crypto Lender BlockFi Is Insolvent
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Following the collapse of the cryptocurrency exchange FTX, the U.S. bank BlockFi, which specializes in virtual currency, has now also filed for bankruptcy. More broadly, the BlockFi business has been on a knife-edge since the spring, when the collapse of several major crypto companies sent the market into a panic…
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Amazon Prime Is Working on FTX Story
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An 8-part series about the crashed crypto exchange FTX is being planned by Amazon.Avengers creators Anthony and Joseph Russo are to direct the series. Amazon has ordered a miniseries on FTX, reports Variety. The Russo brothers, who have directed some of the central films of the Marvel Cinematic Universe –…
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Coinbase Holds $39 Billion Worth Of BTC!
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As major crypto exchanges are stepping up their efforts to assure customers and investors of their stability, Brian Armstrong, the CEO of Coinbase, has revealed that his company holds crypto reserves that include about 2 million BTC worth about $39.9 billion. “We hold ~2M BTC. ~$39.9B worth as of 9/30,”…
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Texas Launches Investigation Into Tom Brady And Other Celebs Over FTX
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NFL superstar Tom Brady and basketball player Stephen Curry and other US celebrities are facing an investigation by the Texas financial regulator regarding the insolvent crypto exchange FTX. Texas Financial Industry Regulatory Authority Director of Law Enforcement Joe Rotunda confirmed to Bloomberg today, Nov. 22, that his agency is looking…
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Crypto Exchange Bitpanda Receives A BaFin License
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The German Federal Financial Supervisory Authority BaFin grants Bitpanda the “license for custody and proprietary trading of crypto assets”. The company, which is registered as Bitpanda Asset Management GmbH in Vienna, has thus officially received a license from the German securities regulator for the custody and proprietary trading of crypto…
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Introducing The Australian Crypto King Fred Schebesta!
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The Australien Fred Schebesta (LinkedIn) has been called the country’s Crypto King. He is the founder of financial comparison site Finder.com and the crypto broker HiveEX. In August 2020 Schebesta sold HiveEx to FTX for $300.000. Schebesta is also Finder Earn also massively involved in the Crypto segment. The Finder…