Cryptocurrency
Cryptocurrency
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Fanatic to sell majority 60 percent stake in Candy Digital as NFTs lose steam
An investor group led by Mike Novogratz's Galaxy Digital will be purchasing Fanatics' majority stake in Candy Digital
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Grayscale ETH trust hits record low of 60 percent discount
Grayscale's sister company Genesis halted withdrawals on November 16, raising concerns about insolvency
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Israel Securities Authority proposes new crypto legislation
The ISA's efforts to clarify the legal status of digital assets follow the Ministry of Finance's recommendations for regulating digital assets in November
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New Year brings a joint statement by the US federal agencies on crypto safety
The statement indicated that crypto regulation in the US might change, as the agencies have taken a case-by-case approach to the risks that crypto assets may pose
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Sam Bankman-Fried pleads not guilty in the federal court
Prosecutors accuse him of stealing billions of dollars in customer funds from FTX and defrauding investors and lenders to his trading firm, Alameda Research
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Gemini users have requested class action arbitration against Genesis Global Capital
Cameron Winklevoss accused DCG CEO Barry Silbert of misusing $1.675 billion in funds
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Circle CSO believes that the crypto future will be handled by steadier hands
Dante believes that responsible competition will shape the future in countries that allow it
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Square Enix reveals a strong focus on blockchain games in 2023
Square Enix's president acknowledged the crypto bear market but argued that new technologies often face initial confusion before being widely accepted
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While Bitcoin remains the most popular, Ethereum recorded 338 percent more transactions in 2022
Transaction volumes on the Bitcoin network were more consistent and regular compared to those on the Ethereum network, which saw more fluctuations
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Australia's 219 crypto ATMs overtake El Salvador's 212
Australia has made significant strides in the world of crypto ATMs and currently represents 0.6 percent of the global total of such machines
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Italian crypto traders to pay 26 percent tax from 2023
The draft bill includes disclosure requirements and extends stamp duty to crypto assets