Defi News Archives - Cryptominded

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Coinbase Seeks Early Appeal in SEC Case

With 73 million users, Coinbase is the biggest cryptocurrency exchange in the United States. It filed an interlocutory appeal in its high-stakes legal dispute with the US Securities and Exchange Commission (SEC). The motion, filed on April 12, asks for a judicial review of a critical legal issue supporting the SEC’s allegations that Coinbase functions […]

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Chinese Funds Pursue Bitcoin ETFs in Hong Kong

Two significant Chinese institutions, Harvest Fund and China Southern Fund, are moving forward with plans to create spot Bitcoin exchange-traded funds (ETFs) in Hong Kong, a noteworthy step in the cryptocurrency investment scene. This calculated action is being taken when interest in spot Bitcoin ETFs in the US is dwindling, as the weekly inflows into […]

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Crypto Mixer Sentenced for $400M Laundering Scheme

Roman Sterlingov, the creator of Bitcoin Fog, was found guilty in a historic case by a federal court in Washington for his part in helping to launder more than $400 million. The money, mostly from darknet markets, was hidden by the Bitcoin mixing service and, therefore, practically untraceable. This verdict serves as a reminder of […]

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Thailand’s SEC Greenlights Crypto ETFs

A judgement by the Thailand Securities and Exchange Commission (SEC) is expected to significantly alter the cryptocurrency market. The SEC has made the audacious decision to allow high-net-worth individuals and institutional investors to trade bitcoin exchange-traded funds (ETFs). This significant regulatory shift represents Thailand’s forward-thinking strategy to incorporate cryptocurrencies into its financial ecosystem. It creates […]

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Arbitrum DAO’s Withdrawal from Tornado Cash Legal Defense Funding

Leading participant in the decentralised finance (DeFi) space, Arbitrum DAO, has withdrawn its offer to support Roman Storm and Alexey Pertsev, the developers of Tornado Cash, in their legal defence. The original plan called for setting aside about $1.3 million in ARB tokens from the community wallet to pay for the creators of the cryptocurrency […]

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Bitstamp’s Milestone in Singapore: A Leap Towards Expanding Digital Asset Services

The leading cryptocurrency exchange in Europe, Bitstamp, just reached a noteworthy milestone in Singapore. The exchange’s application for a licence to offer digital asset services in the city-state has been approved in principle. Bitstamp is now able to provide its services to clients in Singapore and a few other Southeast Asian nations thanks to the […]

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Ripple’s Recent 60 Million XRP Transfer: Analysing Market Impact and Speculations

In a recent occurrence in the cryptocurrency space, 60 million XRP, or roughly $34 million, were transferred by Ripple to an unidentified wallet, garnering significant attention in the industry. The XRP community is anxious due to this decision, and many wonder if Ripple would dump tokens on the market. The deal’s ramifications for XRP’s market […]

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Chainlink Whale Accumulates $84 Million in LINK Tokens

One Chainlink (LINK) investor expanded their investment considerably in only three days, buying over 4.5 million LINK tokens valued at around $84 million in an impressive show of confidence in cryptocurrency. This significant investment has raised awareness of Chainlink and generated a lot of conjecture about what effect it will have in the future on […]

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Bitcoin ETFs: South Korea’s Strategic Engagement with the SEC

The Financial Supervisory Service (FSS) of South Korea is set to have consultations with the Securities and Exchange Commission (SEC) of the United States over the nuances of spot Bitcoin Exchange-Traded Funds (ETFs). This interaction follows the SEC’s historic approval of eleven spot Bitcoin ETFs, which sent shockwaves across the world’s financial markets. South Korea’s […]

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What is Jupiter (JUP) Airdrop on Solana?

Jupiter, a decentralised exchange aggregator, is about to launch a massive airdrop of its JUP tokens on the Solana blockchain, marking a first for the digital financial space. This event, slated on January 31, 2024, is a significant airdrop for cryptocurrencies and is intended for about a million users of Solana wallets. The airdrop is […]

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EU Securities and Markets Authority to Release MiCA Papers

The European Securities and Markets Authority (ESMA) has released two essential consultation papers as part of its goal to create thorough rules and regulations under the Markets in Crypto-Assets (MiCA) legislation. The consultation papers notably address two critical topics in crypto asset services: categorising crypto assets as financial instruments and the complex procedure of reverse […]

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Moola Market has been Compromised for $8.4 Million

The assailant fled with Moola’s MOO token and other Celo-related tokens. Moola Market Exploited for $8.4 Million According to researcher Igor Igamberdiev, the Moola Market has been abused for $8.4 million. The attacker used MOO and CELO tokens to influence pricing for financial gain. Moola Market has acknowledged the event and is offering a reward […]

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