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Ripple appoints a former U.S. treasurer to its board amid legal fight with the SEC

Brad Garlinghouse, chief executive officer of Ripple Labs Inc., speaks during a panel discussion at the Singapore FinTech Festival in Singapore, on Monday, Nov. 12, 2018.Wei Leng Tay | Bloomberg | Getty ImagesBlockchain start-up Ripple said Tuesday it had appointed former U.S. Treasurer Rosie Rios to its board, as

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Digital currency ether hits a record high, stealing bitcoin’s limelight

Jack Taylor | Getty ImagesLONDON — Ether hit an all-time high Thursday as bitcoin's dominance of the cryptocurrency market declined.The world's second-largest digital currency by market value surged to a fresh record of $2,774 Thursday morning, according to data from Coin Metrics. Bitcoin, the top digital coin, was slightly

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Dogecoin price surges after tweets from Elon Musk and Mark Cuban

Yuriko Nakao | Getty Images News | Getty ImagesLONDON — Dogecoin skyrocketed on Wednesday after receiving some celebrity endorsements on Twitter.Dogecoin's price has soared 20% in the last 24 hours to 32 cents, according to data from Coin Metrics. The meme-inspired cryptocurrency hit a record high above 45 cents

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Binance, the world’s largest cryptocurrency exchange, is launching an NFT marketplace

Changpeng Zhao, CEO of Binance, speaks during a TV interview in Tokyo, Japan, on Thursday, Jan. 11, 2018.Akio Kon | Bloomberg | Getty ImagesLONDON — Cryptocurrency exchange Binance revealed plans on Tuesday to introduce its own marketplace where users can create, buy and sell digital collector's items known as

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A second bitcoin exchange collapses in Turkey amid crackdown on cryptocurrencies

A Bitcoin sign is seen at the entrance of a cryptocurrency exchange office on April 16, 2021 in Istanbul, Turkey.Chris McGrath | Getty ImagesLONDON — A second cryptocurrency exchange has collapsed in Turkey amid a crackdown on the industry.The platform, Vebitcoin, said in a brief statement on its website

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Bitcoin climbs 8% as cryptocurrency market attempts a comeback from last week’s plunge

Bitcoin virtual crypto currency price is displayed on a phone screen in this photo.STR | NurPhoto | Getty ImagesLONDON — Bitcoin prices roared back on Monday as the cryptocurrency market attempted to recover from a broad sell-off last week.Just after midday London time, the price of the world's most

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Turkish crypto exchange boss goes missing, reportedly taking $2 billion of investors’ funds with him

A visual representation of the cryptocurrency Bitcoin on November 21, 2020 in London, England.Jordan Mansfield | Getty ImagesLONDON — A Turkish cryptocurrency exchange is offline and its CEO has reportedly gone missing, leaving thousands of investors worried that their funds have been stolen.Thodex, a crypto platform based in Turkey,

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China’s fintech giants are hitting roadblocks in planned listings at home

An employee walks through the campus of the Ant Group Co. headquarters in Hangzhou, China, on Wednesday, Jan. 20, 2021.Qilai Shen | Bloomberg via Getty ImagesMonths after the sudden suspension of Ant Group's highly-anticipated dual listing, China's financial technology companies are facing difficulties trying to go public in the

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Facebook-backed Diem aims to launch digital currency pilot later this year

Facebook wanted to revolutionize finance with a global digital currency — then came the regulators.First proposed in June 2019 with the name libra, the token was initially intended to be a universal currency tied to a basket of sovereign currencies such as the U.S. dollar and the euro.But after

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