Ted Cruz wants to use crypto in vending machines in the United States Capitol

Senator Ted Cruz has previously advocated for further decentralization of cryptocurrency.Picture: Greg Nash Pool (Getty Images) There is no free lunch (or snack) and the Texas Senator Ted Cruz knows this, which is why the curator wants to bring cryptocurrency in Congress. On Wednesday, Cruz presented the ACCEPT the resolution, which stands for Adopting Cryptocurrency […]

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Crypto Exchange Discovered To Hold Stolen Assets In Trust For Victim Of Crypto Crime – Fin Tech – UK

In Jones vs. Persons Unknown and Others1 the High Court has handed down several interesting decisions in the developing field of crypto fraud litigation. After ruling in favor of the plaintiff for allegations of deception and unjust enrichment against fraudsters, the court then ruled that a crypto exchange controlling the wallet containing the plaintiff’s stolen […]

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DeFi Industry Shows Resilience Despite Crypto Market Crash – Fintech Singapore

Despite an ongoing crypto winter, the global decentralized finance (DeFi) market has remained strong and resilient, maintaining momentum with sustained venture capital (VC) funding activity, increased user adoption and encouraging signs of growth. institutional interest, a new report from HashKey Capital says. The 2022 DeFi Ecosystem Landscape Report, released by the crypto fund in December […]

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The evolution of asset traceability towards digital assets – Fin Tech – France

To print this article, all you need to do is be registered or log in to Mondaq.com. Tracing traditional assets Asset tracing has traditionally been about following the money. Investigators will search the individuals’ business assets, properties and vehicles; and for further investigation, forensic accountants will use bank statements to confirm funds and other transactional […]

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Bitcoin’s 2023 Rally Gains Momentum as Cryptocurrency Briefly Surpasses $23,000

Bitcoin has had a tough 2022. Now, investors are looking at 2023 with caution when it comes to cryptocurrencies. Thomas Trutschel | Photo library | Getty Images Bitcoin rose further over the weekend as traders took the news of yet another crypto bust in their stride and placed bets on a Federal Reserve “pivot” to […]

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Crypto Firms Go Bankrupt As Cryptocurrency Collapse Continues

US-based cryptocurrency lender Genesis Global Capital has become the latest company to file for bankruptcy after crypto exchange operator FTX collapsed, NHK World reported. The company, along with its subsidiaries, filed for Chapter 11 bankruptcy protection in a US court on Thursday. Company officials attribute the failure to low […]

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Crypto Banks Borrow Billions From Home Loan Banks To Fill Shortages

Two of the biggest banks in cryptocurrency companies are racing to stem a flood of customer withdrawals by borrowing billions of dollars from the Federal Home Loan Banks, the system originally designed to support mortgage lending in the 1930s. Signature Bank SBNY 7.47% tapped its local home loan bank for nearly $10 billion in the […]

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Crypto Lender Genesis Files for Bankruptcy Trapped by FTX Collapse

Cryptocurrency lender Genesis Global Holdco LLC and two of its lending subsidiaries filed for bankruptcy late Thursday night in New York, the latest domino to fall after crypto exchange FTX failed. The bankruptcy marks the end of an era when the lending of crypto assets fueled transactions for individual and institutional investors seeking high returns. […]

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