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USDC’s total stablecoin supply has surpassed $10 billion

USDC’s total stablecoin supply has surpassed $10 billion

USDC — an Ethereum-based stablecoin pegged to the U.S. dollar — has exceeded $10 billion in total supply for the first time. 

The post USDC’s total stablecoin supply has surpassed $10 billion appeared first on The Block.

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Protocol Labs blames ‘misuse’ of Filecoin APIs for exchange double deposit issue

Protocol Labs has denied that bugs on their end caused a double deposit issue that drew wide attention on Thursday. 

The post Protocol Labs blames ‘misuse’ of Filecoin APIs for exchange double deposit issue appeared first on The Block.

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Latin America’s first bitcoin ETF receives approval in Brazil

The first bitcoin ETF of Latin America, by QR Asset Management, has been approved in Brazil, the region’s largest economy.

The post Latin America’s first bitcoin ETF receives approval in Brazil appeared first on The Block.

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British financier Alan Howard revealed as fourth-largest shareholder of digital asset manager CoinShares

Billionaire Alan Howard, co-founder of the hedge fund Brevan Howard, has invested in several crypto infrastructure players this year.

The post British financier Alan Howard revealed as fourth-largest shareholder of digital asset manager CoinShares appeared first on The Block.

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Bitcoin miners worth more than $150 million have just been bought up by two firms

The9 Limited and Blockcap have purchased a total of 36,000 bitcoin miners worth more than $150 million from Bitmain.

The post Bitcoin miners worth more than $150 million have just been bought up by two firms appeared first on The Block.

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A comprehensive regulatory overview of Qatar

Quick Take

  • Qatar currently features no regulatory framework for digital assets.
  • Regulatory advances relating to cryptocurrencies in other Sharia law countries may lead Qatar’s regulators to reconsider their current negative stance, given an otherwise beneficial regulatory environment for private individuals and businesses.
 

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Japan’s SBI opens its bitcoin mining pool for the public

SBI Crypto, a wholly-owned subsidiary of Japan’s SBI Holdings, has opened its bitcoin mining pool for the public.

The post Japan’s SBI opens its bitcoin mining pool for the public appeared first on The Block.

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Wyoming’s ‘DAO law’ passes State Senate in a 28-2 vote

The upper chamber of Wyoming’s legislature has passed a bill that, if approved, would clear the way for decentralized autonomous organizations, or DAOs, to become incorporated under state law.

The post Wyoming’s ‘DAO law’ passes State Senate in a 28-2 vote appeared first on The Block.

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SEC pushes back against Ripple execs in ongoing fight over personal financial information subpoenas

The Securities and Exchange Commission pushed back Thursday after two executives of distributed ledger company Ripple asked a federal court to stop the U.S. regulator from subpoenaing personal financial records.

The post SEC pushes back against Ripple execs in ongoing fight over personal financial information subpoenas appeared first on The Block.

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Six charged with operating unlicensed cryptocurrency exchange business in New Hampshire

Six people from New Hampshire were charged Tuesday with operating an unregistered cryptocurrency exchange business, according to a statement from the United States Department of Justice (DOJ). 

The post Six charged with operating unlicensed cryptocurrency exchange business in New Hampshire appeared first on The Block.

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