SEC Chair Gensler: Crypto Exchanges Often Trade Against Their Customers
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Crypto Exchanges Are Trading Against Their Customers Often – Regulation Bitcoin News

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says cryptocurrency exchanges are “trading against their customers often because they’re market-marking against their customers.” He has raised concerns over crypto trading platforms “commingling” services. SEC Chair Gensler on Crypto Exchanges Trading Against Customers SEC Chairman Gary Gensler said in an interview with Bloomberg News Tuesday that some…

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Terra blockchain officially halted following LUNA price collapse
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Terra blockchain officially halted following LUNA price collapse

Validators for the Terra blockchain have decided to officially halt network activity on Thursday in a move designed to prevent governance attacks following the severe devaluation of the network’s LUNA token.  Terraform Labs’ official Twitter handle confirmed that the blockchain network was halted at a block height of 7,603,700. The move follows a series of dramatic events that triggered an…

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How Web3 is Revolutionizing the Film Industry
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How Web3 is Revolutionizing the Film Industry

Next week, the stars of the film world will descend on the French Riviera for the Cannes Film Festival—and Decrypt will be there with them. Alongside the Festival, Decrypt along with partners FF3 and Decentralized Pictures will host a day of discussions on The Future of Film, exploring how Web3 technologies such as blockchain and NFTs will change the face of the…

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Coinbase Pay, the easiest way to purchase or transfer crypto, is now available for web3 developers | by Coinbase | May, 2022
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Coinbase Pay, the easiest way to purchase or transfer crypto, is now available for web3 developers | by Coinbase | May, 2022

Tl;dr: Coinbase enables web3 developers to integrate Coinbase Pay into their dapps, and MetaMask will be the first external wallet integration. By Prakash Hariramani, Senior Director, Product Management, and Bipul Sinha, Senior Product Manager We launched Coinbase Pay to make it easier to fund your Coinbase Wallet, and now we’re expanding this ease to the broader crypto ecosystem by enabling…

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Crypto needs regulation but should be done right: Report and database
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Crypto needs regulation but should be done right: Report and database

Regulatory attitudes toward crypto are constantly evolving, often at a slower pace than the crypto industry itself. Institutions and the broader public will not seriously consider working with cryptocurrencies without clear and comprehensive regulation. Furthermore, the industry suffers from widespread scams, phishing and hacks that very often have no legal repercussions. This bolsters the audacity of wrongdoers and augments the…

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Uncovering Terra's Implosion — Terraform Labs' Big Name Backers and 'Zero Exposure' Claims
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Uncovering Terra’s Implosion — Terraform Labs’ Big Name Backers and ‘Zero Exposure’ Claims – Bitcoin News

Digital currency markets have continued to slide downward in value as the crypto economy has dropped by 14% during the past 24 hours. Amid the market rout, the native Terra blockchain token LUNA has dropped to fresh new lows, slipping to $0.0156 per unit. Terra’s founder Do Kwon revealed a plan on Wednesday, but after some brief healing, Terra’s native…

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