Currency

Nexo To Pay $500K Fine Over ‘Risky’ Crypto-Backed Loans

Nexo To Pay $500K Fine Over ‘Risky’ Crypto-Backed Loans

Crypto lending company Nexo Capital will pay a $500,000 to California’s financial regulator over allegations it issued thousands of loans to state residents without properly assessing their abilit...

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Bitcoin Cools Its Comeback With a Dip to $95,500

Bitcoin Cools Its Comeback With a Dip to $95,500

Bitcoin halted its bullish BTC price rebound to dip below $96,000 on news that Middle East geopolitical tensions were easing. Bitcoin (BTC) sold off at Thursday’s Wall Street open as traders eyed...

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Bitcoin Open Interest Falls 31% In Bullish Deleveraging Signal

Bitcoin Open Interest Falls 31% In Bullish Deleveraging Signal

Open interest in Bitcoin derivatives markets has declined over the past three months, resulting in dwindling leverage that has become bullish for the overall market structure, according to CryptoQ...

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Bitcoin Miner CleanSpark Continues Expansion into AI, HPC with Acquisition

Bitcoin Miner CleanSpark Continues Expansion into AI, HPC with Acquisition

The company’s move closer to artificial intelligence and high-performance computing followed many others repurposing some of their infrastructure away from mining crypto. Bitcoin mining company C...

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France Flags Unlicensed Crypto Firms Ahead Of MiCA Deadline

France Flags Unlicensed Crypto Firms Ahead Of MiCA Deadline

Financial regulators in France have reportedly flagged 90 crypto companies that remain unlicensed under the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework ahead of an end-Ju...

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Crypto-Friendly Bank to Go Public as Texas Company via SPAC

Crypto-Friendly Bank to Go Public as Texas Company via SPAC

The “digital-first“ bank created in 2022 is set to go public on the Nasdaq, subject to shareholder and regulatory approvals. Old Glory Bank, a crypto-friendly lender, said it will merge with Digi...

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