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Troubled Bitcoin Mining Pool 'Poolin' Providing IOU Tokens Amid Withdrawal Freeze Due to Solvency Issues

News

Troubled Bitcoin Mining Pool 'Poolin' Providing IOU Tokens Amid Withdrawal Freeze Due to Solvency Issues

* The IOU-token represents users’ certain kind of asset held in the assets account of PoolinWallet as well as the mining pool account of PoolinMiningPool. There will be six IOU-tokens issued by PoolinWallet, namely the IOUBTC, IOUETH, IOUUSDT, IOULTC, IOUZEC, and IOUDoge, representing users’ original holdings of BTC, ETH, USDT, LTC,

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Fidelity, Charles Schwab, Citadel, and Other Financial Heavyweights Launch Bitcoin Exchange 'EDX Markets (EDXM)'

News

Fidelity, Charles Schwab, Citadel, and Other Financial Heavyweights Launch Bitcoin Exchange 'EDX Markets (EDXM)'

* By leveraging a network of select digital custodians to safeguard assets, trades will be netted and settled on the blockchain for greater speed and efficiency at lower cost, eliminating the need for expensive bilateral settlement. Customer security and regulatory compliance are also core foundational principles for EDXM. In particular, it

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Brother of Former Coinbase Manager Pleads Guilty to Insider Trading Charge: First Insider Trading Case Involving Cryptocurrency

News

Brother of Former Coinbase Manager Pleads Guilty to Insider Trading Charge: First Insider Trading Case Involving Cryptocurrency

* He pleaded guilty on Monday to a wire fraud conspiracy charge, in what U.S. prosecutors have called the first insider trading case involving cryptocurrency. * Nikhil Wahi, 26, admitted during a virtual court hearing before U.S. District Judge Loretta Preska in Manhattan that he made trades based on confidential

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International Organization for Standardization Approves New Merchant Code for Gun Stores to Enable Greater Surveillance of Gun Purchases Made with Credit Cards

News

International Organization for Standardization Approves New Merchant Code for Gun Stores to Enable Greater Surveillance of Gun Purchases Made with Credit Cards

* The decision by the Geneva-based nonprofit was long sought by advocates of tighter gun regulation, such as U.S. Senator Elizabeth Warren and other Democrats including New York City Mayor Eric Adams. * It clears the way for banks that process gun retailers' payments to decide whether to assign the

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US Gov White House Report: Climate and Energy Implications of Crypto-Assets in the United States

Research

US Gov White House Report: Climate and Energy Implications of Crypto-Assets in the United States

* On March 9, 2022, President Biden signed Executive Order 14067: “Ensuring Responsible Development of Digital Assets,”1 to support responsible digital asset development, in line with our climate change objectives, and for the benefit of everyone in America. The President directed the White House Office of Science and Technology Policy

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