Cryptocurrency exchange Bybit shuts up shop in UK in compliance with FCA ban

Singapore-based cryptocurrency derivatives exchange Bybit announced on Friday that it would be suspending services for its customers n the United Kingdom. Bybit offers a range of high-end trading products for cryptocurrencies such as Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Litecoin (LTC) and more.The move follows a blanket ban on all retail cryptocurrency derivatives trading by the Financial Conduct Authority, …

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Over 6,000 XRP holders volunteer as third-party defendants in SEC lawsuit

XRP tokenholders have attempted to insert themselves as third-party defendants in the United States Securities and Exchange Commission’s lawsuit against Ripple Labs.A motion to intervene was filed by John Deaton of Deaton Law Firm on Sunday on behalf of over 6,000 XRP holders. Deaton, himself an XRP holder, argued that the interests of tokenholders were not being adequately represented in the …

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Payments firm Nuvei launches support for 40 cryptos including Reddcoin and DOGE

E-commerce merchants can now transact in nearly 40 cryptocurrencies through global payment platform Nuvei. According to the announcement, merchants partnered with the payment provider can use an array of cryptocurrencies to send and receive payments across 200 countries, including top assets Bitcoin (BTC) and Ether (ETH), lesser known cryptos such as Reddcoin and Bitcoin Gold, and even hyper-volatile coins like Dogecoin …

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ETH smashes records, Bitcoin’s brilliant quarter, PayPal’s big move

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekETH breaks record all-time high amid fresh price surgeEther? Record high! Binance Coin? Record high! Polkadot? Record …

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ETH smashes records, Bitcoin’s brilliant quarter, PayPal’s big move

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekBitcoin suddenly hits $60,000 as a new resistance battle liquidates $850 millionA bout of long-overdue volatility has …

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North American crypto miners prepare to challenge China’s dominance – Cointelegraph Magazine

Springtime is coming to the North American cryptocurrency mining industry. With access to robust capital markets, cheap power, a stable political climate and increasing participation of technological innovators, industrial-grade mining operations are burgeoning in the United States and Canada, providing competition to Chinese mining pools that now control more than half of the world’s hashing power.These new ventures are acutely …

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Gabby Dizon – Cointelegraph Magazine

Gabby Dizon — co-founder of Altitude Games and Yield Guild Games — thinks the science fiction-inspired virtual reality Metaverse is being created all around us at increasing speed. “The Metaverse means different online worlds that are interconnected upon some form of shared economy. Usually, this economy is based on a blockchain,” explains Dizon.While he thinks we’re still “in the very, …

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PayPal to start letting US customers pay in Bitcoin at global merchants

Online payments giant PayPal will start to accept cryptocurrency as a medium of exchange at its millions of global merchants, the firm’s president and CEO revealed on Tuesday ahead of a formal announcement.News broke regarding PayPal’s rumored decision to accept cryptocurrencies early on March 30. Later in the day, the firm’s CEO, Dan Schulman, confirmed to Reuters that the rumors …

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