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Cryptocurrency News

Location American Cryptocurrency News for 30 August 2023
Tether adds Bahamas-based private bank Britannia as partner: Report Tether's reported new partnership with Britannia Bank makes it the third Bahamas-based bank to join forces with the stablecoin issuer.
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South Korean parliament rejects motion to expel lawmaker over crypto scandal South Korean lawmaker and Wemix investor Kim Nam-kuk will stay in the parliament after a 3-3 vote in the expulsion motion.
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Ethereum Handled Friend.tech Frenzy Without 'Gas Fee' Spike. Why That's a Big Deal Friend.tech, Crypto's latest fad, didn't drive up congestion and fees on Ethereum the way frenzies have in the past - possibly a sign that the blockchain's efforts to scale by fostering supplemental "layer-2" networks, l...
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First Mover Americas: Bitcoin Rallies on Grayscale Court Win Over SEC The latest price moves in bitcoin (BTC) and crypto markets in context for August 30, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
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Sam Bankman-Fried's Planned Defense 'Irrelevant' Without More Details, Govt Says The FTX founder's constitutional rights are being violated because he is 'unable' to prepare his defense from jail, his lawyers argued.
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Russian Banks to Quiz Central Bank on Digital Ruble Pilot Next Month Russian banks will have the opportunity to question the Central Bank on its digital ruble pilot next month. The Central Bank is facing a backlash from some sections of the banking industry after beginning "real-world" tr...
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Elon Musk's X moves closer to crypto payments with new state license Regulators from Rhode Island have approved X's application for a currency transmitter license.
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Tornado Cash Indictments May Prove to Be Just a Localized Storm After All The Tornado Cash indictments could be another tipping point for crypto. How the case plays out could define how the federal government can deal with decentralized trading platforms if they're seen as broad precedents. Bu...
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Bitcoin Adoption Grows in Argentina as El Salvador Proceeds with Caution Bitcoin adoption in Argentina is surging, contrasting the more measured approach seen in El Salvador. As Argentina grapples with soaring inflation, its citizens are increasingly turning to Bitcoin, driven by economic cha...
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Green Bitcoin Mining: Nodal Power Secures $13M for Landfill Gas Conversion Utah-based Nodal Power, which specializes in turning landfill gas into energy for powering bitcoin (BTC) mining hubs, recently announced a successful $13 million seed round backed by strategic investors. Bryan Black, Nod...
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Shiba Inu's Shibarium Returns to Full Operation After Navigating Bridge Issues The Shiba Inu development team has announced that Shibarium is now fully functional after recent challenges where funds became inaccessible in the bridge. Shiba Inu's Shytoshi Kusama thanked Sandeep Nailwal, the co-found...
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No, Bitcoin withdrawals from exchanges are not inherently bullish for crypto Traders say the record-low number of BTC held on exchanges is a bull signal, but data suggests otherwise.
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Grayscale's SEC Victory May Render Alameda's Redemptions Lawsuit Unnecessary, Bloomberg Analysts Say The ruling could lead to Grayscale's GBTC converting into a bitcoin ETF, which would allow redemptions, making Alameda's suit unnecessary, Bloomberg Intelligence analysts said in a note on Wednesday.
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Save a Tree, Use Web3

Coin Desk - 30 Aug 2023 22:03
Save a Tree, Use Web3 Distributed technologies can reshape supply chains, and help consumers and businesses to make more responsible decisions.
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Price analysis 8/30: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC Bitcoin and altcoins are struggling to hold the gains accrued earlier this week, a potential sign that the price breakout was just a response to Grayscale's victory over the SEC.
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StarkWare Restores Crypto Access for Delinquent Wallet Updaters, After Complaints on X After users complained on X, StarkWare walked back on a move in which it implemented an upgrade that made users' funds inaccessible.
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PYUSD's Modest Footprint: A Tale of Languid Activity Amidst Stablecoin Titans Following Paypal’s declaration about the introduction of a fresh stablecoin, the smart contract address has revealed that the quantity of PYUSD stood at approximately 26.9 million. In the subsequent 22 days, the supply...
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Biggest Crypto Gainers Today on DEXTools - BEPE, EMERSO, XPEPE Bitcoin's price rose to nearly $28,143 on Tuesday following a positive legal ruling for digital asset manager Grayscale. However, analysts remain cautious about the sustainability of the rally amid low spot market volume...
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SEC Chair Gary Gensler Set for Back-to-Back Hearings Before Congress Securities and Exchange Commission (SEC) Chairman Gary Gensler is scheduled to appear before Congress twice in September, first testifying to the Senate Banking Committee on September 12 and later to the House Financial ...
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The Protocol: Friend.tech Fades as Crypto Craze, but Ethereum Is Scaling This week in blockchain tech: Polygon's new "chain development kit," Farcaster's move to Optimism, Shibarium's return and Interlay's new Bitcoin layer-2 network, and Pancake Swap expands to Consensys's Linea.
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Uniswap Class Action Dismissed in Landmark Ruling for DeFi Legal proceedings against Uniswap, a leading decentralized exchange protocol, took a turn today when a class action lawsuit filed against it was dismissed. Mike Wawszczak, a legal analyst, revealed that the judge presidi...
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Elon Musk's X Social Media Platform Acquires Crypto Payments License The social media platform X, formerly known as Twitter, has acquired a regulatory license that enables it to process cryptocurrency payments in the US. The specific license is the Rhode Island Currency Transmitter Licens...
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