Author: Sahil Thakur
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Donald Trump owns more than $1M in crypto
Former US President Donald Trump owns over $1 million in cryptocurrency and up to $250,000 in gold bars, along with a portfolio of golf courses and real estate properties that contribute to his billionaire status, according to newly released financial disclosures. These details come from documents Trump filed as part of his Republican presidential bid,…
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Binance resumes operations in India after 8 months
Binance, the world’s largest cryptocurrency exchange, has resumed operations for users in India after a seven-month suspension imposed by local authorities for allegedly operating “illegally” in the country. The exchange announced on Thursday that it has registered as a reporting entity with India’s Financial Intelligence Unit (FIU), a government agency responsible for monitoring financial transactions.…
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US govt sends $594m Bitcoin to Coinbase
The U.S. government transferred Bitcoin worth $593.5 million to its favored crypto brokerage, Coinbase Prime, on August 14, as reported by Arkham Intel. This transfer involved a 10,000 BTC tranche sent to the wallet “bc1ql” two weeks prior. The U.S. government has accumulated a total of approximately 69,370 BTC from the Silk Road seizure. This…
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Crypto Security 101: How to protect your crypto from hackers
Protecting your crypto from hackers is a must in today’s digital landscape. Hackers constantly evolve their tactics, but you can stay one step ahead. I’ll show you simple, actionable steps to secure your assets. By the end, you’ll feel confident about how to protect your crypto from hackers , whether you’re new to the space…
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Coinbase opens operations in Hawaii
Coinbase, the largest publicly traded crypto exchange in the U.S., has officially expanded its services to Hawaii, following recent regulatory changes by the Hawaii Department of Commerce and Consumer Affairs Division of Financial Institutions. These changes have provided more clarity for crypto firms operating within the state. Coinbase also offers staking services, allowing users to…
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Bitcoin and crypto not mentioned in Musk-Trump conversation
During a Monday evening interview with X CEO Elon Musk, former President Donald Trump did not address bitcoin (BTC) or crypto. The conversation, which spanned over two hours, touched on various subjects such as illegal immigration, the economy, AI, and global warming. The interview, which drew in over a million listeners, experienced a delay of…
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Russia brings law to advance crypto payments in international trade
Russian President Vladimir Putin has enacted a new law to create experimental legal frameworks aimed at advancing digital technologies, with a strong emphasis on cryptocurrencies in international trade. This legislation permits adjustments to existing laws to enable cryptocurrency transactions, particularly for cross-border trade, and designates the Bank of Russia to oversee pilot projects related to…
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Coinbase calls CFTC’s definition of gaming vague in proposed prediction market policies
Coinbase has responded critically to the CFTC’s proposed rules on prediction markets, particularly challenging the definition of “gaming.” The crypto exchange insists that the CFTC should regulate prediction markets on an individual contract basis, arguing that the current broad definitions could unjustly restrict event contracts that offer significant public interest value. Coinbase contends that the…
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$700k robbed in Bitcoin from Israeli Tourists
Eleven Israeli tourists were violently robbed on Santa Teresa de Cóbano beach in Puntarenas, Costa Rica, during a social event. The attack involved at least eight men arriving in two luxury vehicles, overpowering the group’s security guard, and stealing their belongings, including a significant amount of Bitcoin. The robbers, some suspected to have police training,…
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Ripple ordered to pay $125M fine
A federal judge has ordered Ripple to pay a civil penalty of $125,035,150 in its lawsuit with the U.S. Securities and Exchange Commission (SEC). The SEC originally sought a $2 billion remittance payment, while Ripple argued for a maximum penalty of $10 million. In the ruling, Ripple is also instructed to cease any further securities…