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Huobi to delist Monero and other privacy coins, citing regulatory pressures

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Cryptocurrency exchange Huobi will delist seven different privacy coins from its platform as regulatory pressure mounts on anonymity-enhanced currencies (AECs). The exchange announced that it had terminated the trading service of a number of privacy tokens including Dash (DSH), Decred (DCR), Firo (FIRO), Monero (XMR), Verge (XVG), Zcash (ZEC) and Horizen (ZEN). These tokens will
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Saylor gets sued, FBI warns about DeFi exploits, and Crypto.com drops $495M sponsorship: Hodler’s Digest, Aug. 28

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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 Week   US Fed vice chair Michael Barr favors hard line
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Here’s why miner capitulation is actually good news for Bitcoin

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Bitcoin’s highly volatile price has devastated the majority of the crypto market and is now dragging miners down with it. While often considered the foundation of the Bitcoin network and its most resilient players, miners are suffering from rapidly decreasing profit margins. Bitcoin mining difficulty currently stands at just 1% below its all-time high and
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Ripple General Counsel Responds to SEC Chairman Gensler’s ‘Kennedy and Crypto’ Speech

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The chairman of the U.S. Securities and Exchange Commission (SEC) is raising crypto eyebrows with a speech delivered before the non-profit learning organization Practicing Law Institute. In his “Kennedy and Crypto” speech, Gary Gensler hints that the SEC will use existing securities laws to regulate crypto despite anticipation and calls for regulatory frameworks specific to
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White House releases report on crypto mining effect on environment

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The White House has proposed that the crypto mining industry have some standards to mitigate its environmental effects. In a report titled Climate and Energy Implications of Crypto-assets in the United States, the White House called for standards like miners using clean energy and the need for low energy intensities. The report is a result
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Ripple Advisor Hints More CBDC Announcements To Come in Following Weeks

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Blockchain-based payments company Ripple may issue announcements related to central bank digital currency (CBDC) in the coming weeks. Ripple’s senior advisor for CBDC and global partnership Antony Welfare hints that the San Francisco-based firm could make an announcement as XRP-focused analyst CryptoEri shares that Ripple is working on several related projects. “Make sure you follow
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Part 1 – Cointelegraph Magazine

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Crypto OGs — slang for Original Gangsters — have acquired almost a mythical and godly reputation in an industry populated with libertarians, anti-government rebels, innovators, get-rich-quick scammers, hackers and degen investors with rampant gambling addictions and toxic social media behavior.  Who are these OGs exactly? Unlike the rich and powerful in the traditional finance and
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Ethereum Classic falls 13%; Cardano founder recommends Ergo for POW

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Ethereum Classic (ETC) fell by 13.33% since Sept. 6 after Cardano‘s (ADA) founder Charles Hoskinson suggested Ethereum miners shift to Ergo while Ethereum’s founder Vitalik Buterin said that ETC’s welcoming community made it a good coin to mine. ETCUSD ETC had been trading as high as $41.52, but it fell by 19.73% within half a
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Powers On… Insider trading with crypto is targeted — Finally! Part 1 – Cointelegraph Magazine

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It took a few years, but government crackdowns on “insider trading” involving digital assets have finally arrived. It’s about time! Insider trading occurs often in our securities markets, so it was only a matter of time before crypto and other digital assets would be exploited improperly by miscreants for financial gain. Powers On… is a
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