Crypto - Page 5 of 6 - THE RIDGEWOOD BLOG.

Posted on April 27, 2023April 27, 2023 by James — Leave a comment

Wild Day for Bitcoin Traders Amid Unconfirmed US Government Dump Rumors

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Ridgewood NJ, crypto markets whipsawed in dramatic fashion yesterday. The day started out with crypto rising sharply on strong earnings in the stock market. BTC then experienced a dramatic crash, dumping from $30,000 to below $28,000, retracing the day’s gains in a single hourly candle. Liquidations neared $200 million over four hours. Although the exact cause is unconfirmed, crypto news alerter “db” reported Mt. Gox and U.S. government wallets making transactions. Market intelligence platform Arkham responded but later deleted their reply, clarifying that the alert was due to a bug fix. After this was confirmed, Bitcoin then regained some ground, marching up above $29,000 again.

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Posted on April 19, 2023April 19, 2023 by James — Leave a comment

House Financial Services Committee Battles With SEC Chairman Gary Gensler Over Cryptocurrency Regulation

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Washington DC, Tuesday’s hearing showed “a chasm a mile wide” between the Chairman and the experiences of American businesses, says Sheila Warren, CEO of the Crypto Council for Innovation. Securities and Exchange Commission Chairman Gary Gensler faced a barrage of criticism from House Republicans over his agency’s crackdown on cryptocurrency trading platforms.

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Posted on March 30, 2023March 30, 2023 by James — Leave a comment

NJ Crypto Grandma Pleads Guilty to Fraudulently Inducing Victims to invest over $25 million in a Cryptocurrency Scam

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Bloomfield NJ, an Essex County, woman today admitted her role in fraudulently inducing victims to invest over $25 million in cash and cryptocurrency, U.S. Attorney Philip R. Sellinger announced.

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Posted on March 28, 2023March 28, 2023 by James — 1 Comment

Commodity Futures Trading Commission Sues Binance and cofounder Changpeng Zhao for Trading Rule Violations

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the staff of the Ridgewood blog

Ridgewood NJ, the Commodity Futures Trading Commission announced it has filed a civil enforcement action in the U.S. District Court for the Northern District of Illinois charging Changpeng Zhao and three entities that operate the Binance platform with numerous violations of the Commodity Exchange Act (CEA) and CFTC regulations. The complaint also charges Samuel Lim, Binance’s former chief compliance officer, with aiding and abetting Binance’s violations.

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Posted on March 25, 2023March 24, 2023 by James — Leave a comment

Crypto Fugitive Kwon Do-Hyung Arrested

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the staff of the Ridgewood blog

Ridgewood NJ, Cryptocurrency fugitive Kwon Do-Hyung, also known as Do Kwon, was reportedly arrested yesterday by officials in Montenegro as he attempted to travel through the capital city of Podgorica’s airport with falsified documents. His detention comes almost one year after the company he cofounded, Terraform Labs, collapsed, leading to the loss of billions of dollars in digital currency markets last year.

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Posted on March 24, 2023March 24, 2023 by James — Leave a comment

Everything You Need to Know About MMORPG NFT Games

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Massively Multiplayer Online Role-Playing Games (MMORPGs) are a subgenre of role-playing games in which a large number of people take part in a shared virtual world and undertake cooperative missions. A new breed of MMORPGs has emerged in recent years thanks to blockchain technology with NFTs (Non-Fungible Tokens). This article will define MMORPG NFT Games, explain how they function and give you examples. Follow Chainplay to find out the top MMORPG NFT Games.

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Posted on March 24, 2023March 23, 2023 by James — Leave a comment

SEC Investor Alert: Exercise Caution with Crypto Asset Securities

the staff of the Ridgewood blog

Ridgewood NJ, The SEC’s Office of Investor Education and Advocacy continues to urge investors to be cautious if considering an investment involving crypto asset securities. Investments in crypto asset securities can be exceptionally volatile and speculative, and the platforms where investors buy, sell, borrow, or lend these securities may lack important protections for investors. The risk of loss for individual investors who participate in transactions involving crypto assets, including crypto asset securities, remains significant. The only money you should put at risk with any speculative investment is money you can afford to lose entirely. Investors should understand that:

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Posted on March 16, 2023March 16, 2023 by James — Leave a comment

Investing In Cryptocurrencies In 2023: 5 Compelling Reasons Why You Should Start Gambling With Them

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Investing in crypto coins has become more popular recently, and many investors are wondering if they should take the plunge. Cryptocurrencies such as Bitcoin, Dogecoin, and others have become an increasingly attractive option for gamblers over the last few years. Here are five compelling reasons why you should start gambling with Spinago Online Pokies with cryptocurrencies in 2023.

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Posted on February 21, 2023February 21, 2023 by James — Leave a comment

Best Crypto Faucets Of 2022

Once regarded as a fad by many during the early years of its creation, Crypto has grown so much in popularity that it is beginning to become the status quo. Crypto has found its way into many popular platforms and is widely becoming adopted as a primary form of payment.

Crypto may be more accepted now, but many had doubts about it when it first came into the scene. In fact, Gaven Andresen, a Bitcoin core developer then created the first Bitcoin faucet to increase Bitcoin’s popularity.

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Posted on February 17, 2023February 17, 2023 by James — Leave a comment

Paxos Has Been Ordered by New York Regulators to Stop Issuing Binance USD Stablecoin

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Ridgewood NJ, Paxos has been ordered by New York regulators to stop issuing Binance USD due to concerns that it can’t safely issue the token. The SEC is planning to sue Paxos for violating investor protection laws. It reportedly sent a notice to Paxos to inform the company of potential violations and enforcement actions. Paxos will stop issuing new BUSD tokens on February 21. The stablecoin will remain fully supported by Paxos until at least February 2024. Binance will support BUSD for the foreseeable future.

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Posted on January 4, 2023January 4, 2023 by James — 9 Comments

Crypto Scammer Sam Bankman-Fried Makes Bail

the staff of the Ridgewood blog

Ridgewood NJ, Sam Bankman-Fried, the disgraced founder of failed cryptocurrency exchange FTX, pleaded not guilty to eight felony counts in New York yesterday, including conspiracy, fraud, and money laundering. After extradition from the Bahamas in December, he was released on a $250M bail bond secured against his parents’ California home, where he was court-ordered to stay. A trial is set for October.

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Posted on December 29, 2022August 30, 2024 by James — Leave a comment

What to Know About Buying a Car with Bitcoin

Did you know that you can use cryptocurrency to buy your morning coffee? If you’re short on cash, you can use it to purchase your groceries and subscription services.

For those with a large amount of cryptocurrency sitting in their digital wallet, buying a car with bitcoin is within the realm of possibility. While cryptocurrency tends to be more popular with luxury dealerships, the more standard ones are starting to get on board as well.

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Posted on December 7, 2022December 7, 2022 by James — Leave a comment

Best Crypto Trading Bots of 2022

Crypto trading bots are an essential piece of software for any trader. A crypto trading bot is an automated program that buys and sells cryptocurrencies on behalf of the user. This software can be used in a wide range of ways, from helping beginners to advanced traders discover cryptocurrency opportunities to generating income from the markets.

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Posted on December 4, 2022December 4, 2022 by James — 1 Comment

What’s Behind the DOGE Hype?

Dogecoin, or DOGE, is an open-source cryptocurrency and one of the most significant digital currencies by market capitalization. It is already used worldwide on the Internet. Moreover, a lot of exchanges today offer to convert DOGE to SHIB and other tokens.

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