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BetMGM CEO Calls CFTC Casino Moves ‘Cosmetics’, Expects States to Win

BetMGM CEO Adam Greenblatt said on Tuesday that the CFTC’s latest moves to keep casino-style products out of its remit have not removed the risk from prediction markets, calling what is happening “cosmetics in pursuit of survival.” He expects the Supreme Court to side with the states.   A Rule That Can Be Undone On […] from Bitcoin News https://ift.tt/Dhnl2t1
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Cross River Bank Brings Ripple’s RLUSD Into Traditional Banking

On Thursday, a spokesperson for Cross River Bank told Bitcoin.com News that it is teaming up with Ripple to make it easier for businesses to send money using Ripple’s dollar-backed stablecoin, RLUSD, without having to build or manage their own blockchain technology. The bank is adding the stablecoin RLUSD directly to its existing banking system, […] from Bitcoin News https://ift.tt/IxA2rpJ
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Chainlink Expands Market Data to Stellar’s $4B Tokenized Asset Ecosystem

Chainlink’s data infrastructure is now live on the Stellar blockchain, opening the door to new decentralized finance (DeFi) applications across a network that already supports more than $4 billion in tokenized real-world assets (RWAs). Chainlink Arrives on Stellar The Stellar Development Foundation announced that Chainlink’s Data Feeds and Data Streams are available to developers, providing […] from Bitcoin News https://ift.tt/p9KbTx0
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Standard Chartered Brings Bitcoin Trading and Custody to Affluent UAE Clients

On Wednesday, the banking giant managing nearly $1 trillion in assets, Standard Chartered, revealed it is making new moves inroads in the United Arab Emirates (UAE). The bank explained that it is making it possible for wealthy clients in the UAE to buy and sell bitcoin and ether directly through their regular bank accounts. Standard […] from Bitcoin News https://ift.tt/4bM1mUa
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Bitcoin Price Slips as Saylor’s Bull Market Call Meets Reality

Bitcoin’s price tapped an intraday low of $81,500 per coin on Wednesday, Oct. 14, as hotter-than-expected U.S. inflation data rattled financial markets and triggered a wave of leveraged liquidations. Roughly $331 million in cryptocurrency positions vanished over 24 hours, with bullish traders absorbing most of the damage. The sell-off offered an awkward counterpoint to Strategy […] from Bitcoin News https://ift.tt/T7MJiEc
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Ledger Spy Implant Scandal Prompts Mediamarkt Sales Freeze

On Oct. 13, the hardware wallet manufacturer Ledger revealed new details about how criminals tampered with its hardware wallets and potentially stole customers’ cryptocurrency. The firm also noted that major European electronics retailer Mediamarkt Saturn has temporarily stopped selling Ledger devices. Ledger Investigation Uncovers Hidden Device That Steals Recovery Phrases Ledger has been dealing with […] from Bitcoin News https://ift.tt/3Ub9NLg
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Dow Jones Indices, DRW and Marex Bring Wall Street Swaps to Canton

S&P Dow Jones Indices, Kaiko, and Derivnex have completed what they describe as the first privately negotiated financial swap on Canton Network, a blockchain designed for large financial institutions. Trading firms DRW and Marex carried out the transaction using a bond index that Kaiko had converted into a digital token. Wall Street Derivatives Meet Blockchain […] from Bitcoin News https://ift.tt/HIYEi2z
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