Assets Worth $104 Million Belonging to Terra Co-Founder Confined by South Korea

Daniel Shin, the co-founder of Terraform Labs, purportedly has assets worth roughly $104 million that has apparently been frozen by a court order issued by South Korean authorities. They accused him of unfairly

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Russia and Cuba Considering Use of Cryptocurrencies For Settlements Amidst Sanctions

In light of the restrictions placed on both countries, the governments of Cuba and Russia are looking forward to using Russian rubles and cryptocurrencies to promote bilateral collaboration. The information was released

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Financial Intelligence Unit of Turkey Begins Investigatng into FTX Collapse

The struggling cryptocurrency exchange FTX is the subject of an inquiry by the Turkish organization in charge of combating financial crime. The government disclosed it had been monitoring the trading platform’s activity in Turkey days after it filed for bankruptcy in the US

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FTX Collapse Might Increase Layoffs in Cryptocurrency Sector

Recruitment experts warn that the collapse of crypto exchange FTX and any subsequent infirmity may increase layoffs at crypto businesses in the upcoming months. A study released on November 14 by cryptocurrency data aggregator CoinGecko showed that 4,695 people

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Ukraine’s Cyberpolice Uncovers Crypto Scam Members Earning €200 Million Per Year

Five Ukrainian residents have been identified by the National Police of Ukraine’s (NPU) cybercrime fighting division as participants in a massive worldwide fraud operation that attracted victims with claims of huge returns on fraudulent investments

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Bitcoins Worth $3 Billion Left Exchanges Amid Concerns About FTX Contagion

With approximately $3 billion in bitcoin removed from exchanges in the last seven days, bitcoin investors are withdrawing money at a rate not seen since April 2021. According to recent statistics from on-chain analytics company Glassnode, there were around 90,000 wallets

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Cryptocurrency Lender BlockFi Stops Withdrawals After FTX’s Collapse

Following the collapse of FTX, cryptocurrency lender BlockFi said that it will be curtailing operations and unable to carry on business as usual. The business said in a tweet that it would halt customer withdrawals due to the “lack of information” around FTX’s present status.

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Dutch Monetary Authority: Cryptocurrencies Impact Central Bank Processes, Calls for Global Regulation

According to members of the Executive Board of De Nederlandsche Bank (DNB) Steven Maijoor and Olaf Sleijpen, several responsibilities and objectives of central banks and regulatory agencies are being impacted by bitcoin, tether, and other digital currencies.

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Institutional Borrowers Max Out Credit Pools, Spreading Liquidity Crunch to Cryptocurrency Lending

Several institutional crypto capital businesses have maxed out their credit pools on Clearpool, an uncollateralized lending protocol. As market anxiety grows, the liquidity issues of crypto trading firm Alameda Research

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US Attorney’s Office Seizes Billions of Bitcoins Associated With Silk Road

According to a report released on Monday by the Department of Justice (DOJ), the dark web marketplace Silk Road was connected to more than $3.36 billion worth of Bitcoin. Following James Zhong’s Friday guilty plea to one count of wire fraud, who was in charge of receiving the 50,676 Bitcoin in September 2012, the US Attorney’s Office made the disclosure. One Bitcoin was valued at about $10 ten years ago.

The only larger Bitcoin seizure in DOJ history, which ranks second,

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