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Month: January 2023

Nadine Chakar Joins Securrency as CEO, Bringing Institutional-Grade Compliance

Nadine Chakar Joins Securrency as CEO, Bringing Institutional-Grade Compliance

• Securrency, an institutional cryptocurrency infrastructure firm, has hired State Street’s head of digital, Nadine Chakar, as its new CEO. • She replaces Securrency’s founder Dan Doney, who will continue to serve as the company’s chief technology officer (CTO). • Chakar’s appointment will provide knowhow of institutional-grade compliance to bring to Securrency’s products and services in tokenization, decentralized finance (DeFi) and interoperability. Securrency, an institutional cryptocurrency infrastructure firm, has announced the appointment of State Street’s head of digital, Nadine Chakar,…

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Coinbase Stock Downgraded Amid Trading Volume Decline

Coinbase Stock Downgraded Amid Trading Volume Decline

Bulletpoints: • Investment firm Cowen downgraded Coinbase (COIN) stock to market perform from outperform, citing declines in trading volumes. • The downgrade was attributed to the lack of clarity on a possible recovery in trading volumes following the collapse of FTX. • Cowen also cut its price target on the shares to $36 from $75. Coinbase, the cryptocurrency exchange, has seen its stock downgraded by investment firm Cowen, who cited a decline in trading volumes as the main reason for…

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Ether-Bitcoin Ratio Breaks Out of Triangle, Rally Ahead?

Ether-Bitcoin Ratio Breaks Out of Triangle, Rally Ahead?

Bullet Points: • The ether-bitcoin ratio has broken out of a multi-month triangle pattern, indicating a bull victory. • The breakout has opened the doors for a rally toward the early December high of 0.07636 and early November highs of nearly 0.078. • Decentral Park Capital’s Lewis Harland has said that we could see a “bears in disbelief rally” in ether in the coming weeks. The ether-bitcoin ratio has been in a prolonged tug-of-war between bulls and bears, but recent…

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Ether-Bitcoin Ratio Could Rally to Two-Month Highs

Ether-Bitcoin Ratio Could Rally to Two-Month Highs

• The ether-bitcoin (ETH/BTC) ratio could rally toward a two-month high, according to Lewis Harland, a portfolio manager at Decentral Park Capital. • The ratio has broken out of a multi-month triangle pattern, often called a wedge, indicating a bull victory in the prolonged tug-of-war with bears. • This breakout suggests the path of least resistance for ETH/BTC is on the higher side, potentially leading to a rally toward the early December high of 0.07636 and early November highs of…

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Unlock Engaging Learning with Multimedia in the Classroom

Unlock Engaging Learning with Multimedia in the Classroom

• This article discusses the use of multimedia as a teaching tool in classrooms. • It looks at how multimedia can improve student engagement, as well as the various types of multimedia tools available. • It also examines the potential drawbacks of using multimedia in the classroom. The use of multimedia in classrooms has been gaining traction in recent years, with studies showing that it can be an effective teaching tool. Multimedia has the potential to engage students in ways…

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SEC and Law Enforcement Ramp Up Crypto Oversight for 2021

SEC and Law Enforcement Ramp Up Crypto Oversight for 2021

• US law enforcement officials arrested two individuals in connection with the 2016 Bitfinex hacked funds. • CoinDesk’s Policy Team is looking out for this upcoming year, as crypto’s growing stature in the world will draw increasing amounts of attention from regulators. • Next year may see more bankruptcy cases, questions around user privacy and consumer protections, and the US Securities and Exchange Commission (SEC) gearing up to take an even more active role in the space. Cryptocurrency and government…

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Crypto Exchange FTX Collapse: SBF Indicted, Industry Divided

Crypto Exchange FTX Collapse: SBF Indicted, Industry Divided

• FTX, a crypto exchange founded by Sam Bankman-Fried in Nov 2020, has recently gone bankrupt, leading to its customers and investors losing billions of dollars. • Bankman-Fried has since been indicted in the S.D.N.Y. for a variety of crimes such as wire fraud, conspiracy and money-laundering. • The events surrounding the collapse of FTX have only further highlighted the current disagreements between stakeholders regarding the regulation of cryptocurrency. The saga of FTX and its founder Sam Bankman-Fried has been…

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Kraken Exits Japan, Argo Blockchain Avoids Bankruptcy, Bankman-Fried Borrows Millions

Kraken Exits Japan, Argo Blockchain Avoids Bankruptcy, Bankman-Fried Borrows Millions

• Cryptocurrency exchange Kraken will be exiting Japan and deregistering from the Financial Services Agency as of January 31st. • Bitcoin miner Argo Blockchain has avoided filing for bankruptcy protection after agreeing to sell its Helios mining facility to Galaxy Digital for $65 million. • Former FTX CEO Sam Bankman-Fried borrowed hundreds of millions of dollars from Alameda Research to purchase his stake in trading app Robinhood Markets. Cryptocurrency exchange Kraken has announced that it will be exiting Japan and…

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Kraken Exits Japan, Will Deregister from Financial Services Agency

Kraken Exits Japan, Will Deregister from Financial Services Agency

• Kraken, a cryptocurrency exchange, has announced it will exit Japan and deregister from the Financial Services Agency as of Jan. 31. • Kraken users in Japan have until the end of next month to withdraw their fiat and crypto holdings. • The decision is prompted by market conditions in Japan in combination with a weak crypto market globally. Kraken, a cryptocurrency exchange, has announced its plans to exit Japan and deregister from the Financial Services Agency as of Jan….

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