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2022-09-07 23:58:57 Crypto Oversight Should Resemble Traditional Bank Rules, Fed Official Says

"We plan to work with other bank regulatory agencies to ensure that crypto activity inside banks is well regulated, based on the principle of same risk, same activity, same regulation, regardless of the technology used for the activity," Barr said.

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2022-09-05 20:55:45 Binance to Convert Users' USDC, USDP, TUSD Into Its Own Stablecoin BUSD

At 03:00 UTC on Sept. 29 users' balances in the three stablecoins will be automatically converted into BUSD, though users can convert them manually before then if they wish to do so. The world's largest crypto exchange announced Monday it is taking this action to enhance liquidity and capital-efficiency for users.

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2022-09-04 12:39:57 Crypto.com mistakenly sent a customer $7.2 million instead of a $68 refund

The Los Angeles Lakers arena sponsoring and Matt Damon-endorsed cryptocurrency exchange Crypto.com accidentally transferred $10.5 million AUD (~$7.2 million USD) to an Australian customer instead of issuing a standard $100 AUD (~$68 USD) due to a pretty unfortunate typo. According to Australian news outlet 7News, the exchange didn’t even notice the error until seven months later, and by that time, a portion of the money was already gone.

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2022-09-03 14:13:08 Market Wrap: Bitcoin Trades Down After Initial Push Higher

The price settled below $20,000 as investors digested the August jobs report.

Bitcoin declined 1.1% on Friday, after popping 1% in the hour the U.S. jobs report. The largest cryptocurrency by market cap was recently trading at just below $20,000, up a few fractions of a percentage point over the last 24 hours but well within the range it has occupied for the past week. Year to date, the price of bitcoin is down 57%

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2022-09-02 22:03:08 Hacker Steals Bill Murray’s Crypto After $185K NFT Charity Auction

Hours after the closing of Bill Murray’s NFT auction that raised 119.2 ETH (around $185,000) for charity Thursday, a hacker stole the funds.

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2022-09-01 20:08:09 Dozens of Celsius clients ask US court to recover $22.5M in crypto

According to court documents, the creditors seek to recover more than $22.5 million worth of cryptocurrency assets collectively held in Celsius’ custody service. The group is represented by bankruptcy-focused law firm Togut, Segal & Segal.

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2022-09-01 09:03:48 Crypto Coin AVAX Drops 11% After Self-Described Whistleblower Says Avalanche Weaponized Litigation Against Rivals

The report said:

"We can reveal that the pact directs Roche Freedman and their leader Kyle Roche, to: 1) use the American legal system - gangster style - to attack and harm crypto organizations and projects that might compete with Ava Labs or Avalanche in some way, 2) sue crypto industry actors generally with the aim of creating magnets for regulators such as the SEC and CFTC that distract them from the highly commercial nature of Ava Labs and the Avalanche blockchain, and 3) secretly pursue Emin Gün Sirer's personal vendettas against individuals."

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2022-08-31 22:57:41 ‘Beer with Bill Murray’ NFT Sells for $185K in ETH at Charity Auction

The NFT is a 1/1 collectible part of the actor’s “Bill Murray 1000” collection, created by The Shack in partnership with Coinbase’s non-fungible token (NFT) marketplace. Only 82 of the 1000 NFTs from the collection have so far been released (only the 1/1 comes with beer utility), with the cheapest edition to purchase on Coinbase’s marketplace listed for 11 ETH, or around $17,000.

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2022-07-30 16:41:07 Dogecoin is Heading to Zero, According to Industry Panel

The price of dogecoin (DOGE) is likely to head towards zero and never bounce back, predicted the majority of members in a crypto industry panel surveyed by comparison website Finder.com.

"We're a little ways removed from the days when people thought DOGE was going to the moon," said the report. "People are now more worried about it staying here on Earth (read: going to zero), something that over half the panel (55%) say will happen at some point in future."

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2022-07-20 22:45:25 Q2 Saw Over 59% of Bitcoin Mining on Sustainable Energy Mix

The global Bitcoin (BTC) mining industry had a sustainable electricity mix of 59.5% during the second quarter of the year, or slightly up compared with the first quarter, according to the latest quarterly survey conducted by the Bitcoin Mining Council.

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