Ripple vs. SEC: SEC is Wasting Judge Torres's Time in a Disrespectful Way – Coinpedia Fintech News

Recent developments suggest that the SEC’s approach may wear thin with the judiciary in the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). District Judge Analisa Torres, presiding over the case, has denied the SEC’s motion for an appeal. Echoing these sentiments, crypto influencer Freddy Rispoli opined that Judge Torres’ recent rulings signal contempt […]

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Microsoft-owned LinkedIn releases AI-powered assistant for job recruiters

The Microsoft-owned and business-focused social platform LinkedIn announced the rollout of new artificial intelligence (AI) features to assist job recruiters when sourcing candidates.  On Oct. 3, LinkedIn said it is launching its pilot for the “Recruiter 2024,” which is an AI-assisted tool for recruiters. According to the announcement, recruiters using the tool can now ask questions using “natural language” to find […]

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Cardano Gains, But Stops At The High Of $0.27

The latest price analysis by Coinidol.com report, Cardano (ADA) price, which was trading horizontally, has now risen above the moving average lines. Cardano price long-term forecasts: bearish The altcoin rose to a high of $0.27 on October 2, but encountered resistance. The market is overbought near the recent high. Since August 20, buyers have unsuccessfully attempted to break above the […]

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Bitcoin mining restricted to legal entities in Uzbekistan: Official

Cryptocurrency mining in Uzbekistan is overcoming major changes as the country’s major crypto market supervisor has approved a framework for licensing crypto mining operations. Uzbekistan’s National Agency for Perspective Projects (NAPP) issued a decree on licensing cryptocurrency mining operations, limiting such activities exclusively to legal entities. Apart from banning individual miners’ operations, the NAPP has also required firms to only […]

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FTX Scandal: DOJ Says Crypto Fraud is Still a Crime, Even Without Explicit Regulations – Coinpedia Fintech News

FTX scandals finds $8 billion in customer funds reportedly unaccounted for, with many facing severe financial losses. His defense – FTX is not based in the US, and SBF diligently adhered to all regulatory requirements concerning FTX US. SBF’s assertion about the lack of regulations governing customer funds usage is erroneous, and wire fraud allegations exist regardless. The FTX scandal […]

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Michael Lewis Drops Bombshell Book "Going Infinite," Revealing $2.2 Billion Deal Between SBF and CZ – Coinpedia Fintech News

Acclaimed author Michael Lewis has just released his latest book, “Going Infinite,” and it’s already making waves in the cryptocurrency community. But what is the real shocker? In mid-2021, Bankman-Fried, founder of crypto exchange FTX, proposed to buy back FTX shares from Binance’s CZ for a whopping $2.2 billion—a stark increase from Binance’s initial purchase price of $80 million in […]

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Chainlink Labs Co-Founder Believes Crypto Sector Is Headed Toward a $10 Trillion Market Cap

Sergey Nazarov, the creator of Chainlink, recently shared his thoughts on the potential for mass adoption of cryptocurrencies, particularly in the context of a failing banking system. Sergey Nazarov is best known as the co-founder of Chainlink Labs, where he has spent nearly four years helping to develop hybrid smart contracts. Before Chainlink, he co-founded SmartContract, a company that connects […]

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5 highlights of Sam Bankman-Fried’s first day of trial

The high-profile trial of former FTX CEO Sam “SBF” Bankman-Fried kicked off on Oct. 3 with plenty of activity both inside and outside of the cramped Manhattan courtroom. Journalists, crypto influencers and other gawkers reportedly gathered in a media overflow room to take notes on the day’s events. Here are some of the most colorful observations about the day. Noticeably […]

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