Tag: crypto

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Wild Day for Bitcoin Traders Amid Unconfirmed US Government Dump Rumors

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the staff of the Ridgewood blog

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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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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The Future of Online Gambling: The Role of Crypto Casinos

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Recent years have seen a significant expansion of the online gambling market as a result of technological advancements and improved accessibility. The development of crypto casinos was one of the newest trends in online gambling back in 2021. These online platforms let users wager using cryptocurrencies like Bitcoin and Ethereum rather than conventional fiat money. In this article, we will explore the future of online gambling and the role that crypto casinos will play in it.

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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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Crypto Bank Silvergate Announces Liquidation, Potentially the Largest Bank to fail Since 2009

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the staff of the Ridgewood blog

Ridgewood NJ, Silvergate Bank, a crypto-friendly bank, announced it will “voluntarily liquidate” its assets and wind down operations after announcing it would have to delay filing its annual 10-K report due to issues with its independent auditors. Under the wind down, all deposits will be repaid in full, and the bank is exploring ways to resolve claims and preserve the residual value of its assets, including its proprietary technology and tax assets. The California Department of Financial Protection and Innovation and the White House are monitoring the situation, with the Senate Banking Committee Chairman urging Congress to take action on crypto issues. Silvergate had taken out approximately $4.3 billion in federal loans and will suspend its Silvergate Exchange Network (SEN). It appears to be the first major bank collapse since October 2020, and possibly the largest bank to fail since 2009.

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Best Crypto Faucets Of 2022

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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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NJ Bureau of Securities Targets Three Sites Offering Engaged in “pig butchering” Crypto Scams

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the staff of the Ridgewood blog

Ridgewood NJ, Attorney General Matthew J. Platkin announced that the Bureau of Securities ordered three website operators involved in cyber scams to stop offering fraudulent cryptocurrency investments in violation of the New Jersey Securities Law. The Bureau urges New Jersey residents to beware of romance and cryptocurrency scams known as “pig butchering” — a common scheme where perpetrators essentially fatten victims up and then swindle them of all their funds.

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Crypto Scammer Sam Bankman-Fried Makes Bail

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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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What to Know About Buying a Car with Bitcoin

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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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Best Crypto Trading Bots of 2022

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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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Savvy Techniques for Building Wealth

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The clever person who once said that money is the root of all wealth, was onto something. There’s more truth in that humorous line than meets the eye. In fact, in today’s lagging economic environment, hard-working adults are exploring every conceivable technique for discovering the root of personal wealth. For many, tried-and-true strategies like real estate investing are still the go-to solution. 

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Middle East and North Africa Was Fastest-Growing Crypto Market Over Past 12 Months

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the staff of the Ridgewood blog

Ridgewood NJ, Middle East and North Africa-based users received $566 billion in cryptocurrency between July 2021 and July 2022. The region is the fastest-growing market for crypto adoption in the world. Egypt saw the largest increase in usage, with crypto transaction volume more than tripling compared to the previous period. Turkey, which experienced 80.5% inflation in the last year, accounted for $192 billion out of the $566 billion, the largest share by one single country in the region.

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1 Inch Crypto Price Prediction

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The cryptocurrency market includes an enormous number of different projects. It is difficult to pick those worthy of attention among them. The first thing you should pay attention to is listing on large crypto platforms. If a project’s token or coin is traded on Binance, WhiteBIT, or any other credible crypto exchange, it is a sign that the project deserves attention. One of such crypto project is 1inch. This article will consider what it is all about, find out the 1inch crypto price, and see what experts think about its future prospects.

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Kim Kardashian pays over $1 million to settle SEC charges linked to a crypto promo on Instagram

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the staff of the Ridgewood blog

Ridgewood NJ, Kim Kardashian has agreed to pay more than $1 million to settle SEC charges against her. Kardashian promoted a crypto asset on Instagram without disclosing that she was being paid for the promotion. She fully cooperated with the SEC to avoid a protracted dispute. The agreement allows Kardashian to move forward with her other business pursuits, but she will not be allowed to promote crypto securities for three years.

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