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Binance recovers $5.8M linked to Axie Infinity Hack

The recovered funds were spread over 86 accounts, Binance's founder confirmed.

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U.S. regulator says crypto bank violated anti-money laundering, compliance rules

The Office of the Comptroller of the Currency said Anchorage Digital Bank National Association violated rules.

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Coinbase in talks to acquire BtcTurk for around $3.2B

The deal would give Coinbase a foothold in Turkey and could be worth around $3.2 billion

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Crypto exchange Binance reduces its services in Russia

World's largest cryptocurrency exchange is deactivating the accounts of major clients in Russia.

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Coinbase launches NFT marketplace for some U.S. users

Major crypto exchange Coinbase Global Inc launched its NFT marketplace on Wednesday.

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FTX to face CTFC roundtable next month

FTX.US made a proposal on direct derivatives clearing. This is set to be the focus of public discussion on May 23.

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Ireland's political parties to be banned from accepting crypto

Political parties in the Republic of Ireland will be banned from accepting donations in form of cryptocurrencies, the Irish Independent reported on Tuesday.

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KuCoin launches $100M fund for NFT creators

The new Creators Fund supplements KuCoin's newly launched NFT marketplace, Windvane.

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European crypto industry steps up efforts to influence EU policy

Over 40 crypto business leaders have asked the European Union no to require crypto firms to disclose transaction details in order to save the rapidly growing decentralized finance platforms.

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Japan's most popular social messaging app Line adds NFT marketplace

Line, which is Japan's number one social messaging app has launched its own NFT marketplace.

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Securities Regulators block sales of "Metaverse" Casino NFTs

"What happens in the Metaverse, does not stay in the Metaverse", says Texas Securities Commissioner.

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Ava Labs set to raise $350M at $5B valuation

The new valuation at $5.25 billion would place Ava Labs in the upper ranks of most valuable crypto startups in the world.

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Nexo and Mastercard launch 'world first' crypto-backed payment card

Crypto lender Nexo said it has teamed up with Mastercard to launch the world's first "crypto-backed" payment card.

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BOJ won't introduce digital yen as means for negative rates

The Bank of Japan (BOJ) won't introduce a digital yen as a means to achieve negative interest rates.

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Ripple claims "a very big win" against SEC

The ruling judge on the case has denied the SEC's wish to review certain documents that may not be material to the prosecution.

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Ronin exploiter moved 21,000 Ether to Tornado Cash in past week

The 21,000 Ether moved around by the exploiter are currently worth more than $64 million.

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Crypto firm MoonPay raises $87M from Justin Bieber, Snoop Dogg & others

MoonPay, a cryptocurrency payments startup, has raised $87 million from more than 60 high-profile investors including Justin Bieber, Snoop Dogg, Maria Sharapova and Bruce Willis.

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Indian crypto exchanges' volume plunges as tax goes into effect

New data on Indian crypto exchanges' trading volume shows a significant decline in trading among Indians. This comes just ten days after the new tax rule implementation. India's government has introduced a 30% tax on cryptocurrencies which came into effect on April 1. Many stakeholders and exchanges warned against the

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Lack of proper financial services boosts crypto in Nigeria

A new study has shown intense growth in crypto adoption across Nigeria. The adoption is driven by limited access to affordable fiat-based financial services in Africa. The "Into the Cryptoverse Report", conducted by KuCoin, shows that many Nigerian citizens have started using cryptocurrencies as a viable alternative to store and

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White Star Capital raises $120M for Ubisoft-backed Web3 investment fund

Venture capital firm White Star Capital has managed to secure $120 million in funding for its second Digital Asset Fund (DAF II). The fund will invest in crypto networks and early-stage blockchain and Web3 businesses. The raise was led by game publishing giant Ubisoft which will take a particular focus

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IOST Foundation starts $100M fund for EVM developers

The IOST Foundation is aiming on supporting Ethereum Virtual Machine (EVM) developers to work on its ecosystem with a $100 million incentive fund. The money will be split into two different funds: the New Ecosystem Fund and the Accelerator Fund. The New Ecosystem Fund will be used to expand IOST's

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NFT marketplace Gem.xyz dismisses developer over 'pattern of sexual misconduct'

Neso, a pseudonymous developer at NFT marketplace Gem.xyz, was released from his contract after the team was made aware of allegations of sexual misconduct. "After immediately undertaking a review of the allegations, we determined the actions to be in clear violation of our values and expectations, and we exited

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Delivery app Rappi begins accepting cryptocurrency in Mexico

Colombian delivery app Rappi, which offers on-demand deliveries of food and other goods across Latin America, said on Monday it has launched a cryptocurrency payment pilot program in Mexico. Together with cryptocurrency platforms Bitpay and Bitso, which will back the service, Rappi will let users pay with cryptocurrency to make

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Crypto Funds see largest weekly outflows since January

Last week crypto funds suffered of big outflows. In fact, last weeks outflow was the largest since January 2022. Coinshares reported that investors withdrew money from Bitcoin and Ethereum funds. The funds had $134 million in net outflows, which makes last week the second worst week for funds that manage

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Huobi & KuCoin lead $250M Toncoin ecosystem fund

Huobi and KuCoin are among the backers of a new $250 million ecosystem fund that aims on supporting projects built on Toncoin. Toncoin is the reincarnation of the failed cryptocurrency TON. Besides Huobi Incubator and KuCoin Ventures other investors are MEXC Pioneer Fund, 3Commas Capitals, Orbs, TON Miners and Kilo