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US Prosecutors Seek 36-Month Sentence for Binance’s Changpeng Zhao Over Legal Violations

Federal prosecutors have recommended a 36-month prison sentence for Changpeng Zhao (CZ), the cryptocurrency exchange Binance’s former CEO, for U.S. law violations. Prosecutors contend Zhao’s deliberate non-compliance facilitated massive unlawful…

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Thai SEC Instructed to Share Information on Unauthorized Digital Asset Platforms With Government

The Thai Securities and Exchange Commission has been instructed to share information on unauthorized digital asset service providers with the Ministry of Digital Economy and Society. The regulator warned investors…

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South African Regulator Licenses 75 Institutions as Crypto Asset Service Providers

South Africa’s Financial Sector Conduct Authority said on April 22 that it has approved 75 institutions to be licensed as crypto asset service providers (CASPs). The regulator said the unveiling…

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HBAR Token Price Soars 96% After Misinterpreted Blackrock Announcement

A misinterpreted announcement by the HBAR Foundation suggested that Blackrock’s ICS US Treasury Fund was tokenized on the Hedera blockchain in partnership with Archax and Ownera, leading to a significant…

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Noones CEO Ray Youssef Blasts Bitcoin Fees: ‘We Have Failed the Global South’

Ray Youssef, the former Paxful CEO, has commented on the negative impact of high transaction fees on bitcoin adoption in emerging markets. Youssef stated on social media that the recent…

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Philippines Securities Regulator Requests Apple and Google to Remove Binance Apps

The Securities and Exchange Commission (SEC) of the Philippines has requested that tech giants Apple and Google remove Binance apps from their respective app stores. The SEC chairman stated that…

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Cosmos Developers Patch Critical Flaw in IBC Protocol, Safeguarding $126 Million in Assets

Cosmos developers have successfully rectified a critical security vulnerability in its Inter-Blockchain Communication (IBC) protocol, which had placed assets worth at least $126 million in jeopardy, following a private notification…

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Bitcoiners Seek Constitutional Reform to Allow Swiss National Bank to Purchase Bitcoin

Yves Bennaïm, founder and chair of 2B4CH, a Swiss pro-Bitcoin think tank, is launching a popular initiative to amend the country’s constitution to allow its central bank to purchase and…

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Ripple Asks Court to Reject SEC’s $2 Billion Penalty Request in XRP Case

Ripple Labs has filed its opposition to the request by the U.S. Securities and Exchange Commission (SEC) for the company to pay $2 billion in fines in the XRP case.…

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Jack Dorsey’s Block Targets Chip Advancement With 3nm Bitcoin ASIC Mining Rig

On Tuesday, Jack Dorsey, the founder of Block, took to X to announce that the company is “building a mining rig.” Dorsey also shared a blog post authored by Block’s…

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