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Crypto News
Do Kwon’s Assets are ‘in the Process’ of Being Frozen by South Korean Authorities
The apprehension of Do Kwon merely represents the top of the iceberg for South Korean prosecutors.
South Korean authorities are awaiting a court order to confiscate Do Kwon's $5,3…
South Korean stock market GDAC suffers a breach worth around 23 percent of its value
A serious hacking event that took place on Sunday was reported by the cryptocurrency exchange known as GDAC, which is located in South Korea and solely facilitates transactions between…
Europe Must Reduce Dollar Dependence, Declares French President Emmanuel Macron
According to French President Emmanuel Macron, Europe must reduce its reliance on the U.S. currency.
In a recent interview with Politico, President Macron suggests that European leaders…
Sam Bankman-Fried labeled Alameda “unauditable,” according to a new report
The collapsed cryptocurrency exchange's new management, led by CEO John Ray III, has released its first interim report on control failures.
The 45-page report describes in meticulous…
Texas legislators propose a state digital currency supported by gold
The bills provide that the trustee must keep a quantity of gold equal to the total value of all digital currency units produced and in circulation.
Two Texas legislators have presented…
Fidelity International Launches Metaverse Campus in Decentraland ($MANA)
Decentraland ($MANA), a metaverse platform, has welcomed Fidelity International with the announcement of the Fidelity International Campus.
In an immersive virtual environment, this…
Democratic Representative Tom Emmer called SEC Chairman Gary Gensler a “bad faith…
In response to Gary Gensler's claim that he has an "open door policy," the crypto-friendly lawmaker said, "He might have an open door, but it is an enter-at-your-own-risk door."
…
Prosecutors have ordered Do Kwon to cease liquidating millions in crypto
In May of last year, the collapse of Terra startled the cryptocurrency community. The value of Terra, a once-promising ecosystem, fell from $40 billion to virtually nothing.
…
Mt Gox has opened its repayment portal, but repayments “will take some time”
The opportunity for repayments to be made by October 31, 2023, has opened since the deadline for Mt Gox creditors to submit their payback information has passed.
However, the Mt Gox…
CBDCs might be used for “control” during financial crises, says European Central Bank…
Christine Lagarde, the president of the European Central Bank (ECB), has admitted in a widely shared prank video that a digital euro, a central bank digital currency (CBDC) that is…
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