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Canada’s anti-money laundering watchdog, Fintrac, fines record $126m fined for Cryptomus

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The Financial Transactions and Reports Analysis Center of Canada (Fintrac) said it fined Xeltox Enterprises Ltd. (operating as cryptocurrency platform Cryptomus), a record C$176.96 million ($126 million) for widespread compliance failures under federal anti-money laundering and anti-terrorist financing laws. The fine was related to over 1,000 suspicious transactions and more than 1,500 large virtual currency […]

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Google’s Quantum Computing update rekindles old crypto fears

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Bitcoin BTC$109,442.18 traded steady near $109,000 in Thursday’s Asian hours, extending a broad range since the Oct. 10 crash that wiped out $19 billion in leveraged bets and dampened risk sentiment. Ether ETH$3,884.12 hovered near $3,850, with solana (SOL, XRP$2.4119and ADA$0.6386 barely moved in the past 24 hours. The break comes after a volatile start

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Users can start trading on Friday, after $230 million. hack is going to close

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WazirX, once India’s largest cryptocurrency exchange by volume, will resume operations on October 24, according to an email sent to creditors. It ends more than a year of uncertainty for thousands of creditors left in limbo after one of the most dramatic collapses in the country’s crypto history, in which more than $230 million of

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Testing $0.19 Support as Tight Range Breakout Potential

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Meme coin is consolidating near psychological support, while institutional flows and increased trading activity suggest position building ahead of potential breakout. News background Dogecoin fell 0.61% to $0.192 during Tuesday’s session, pulling back from intraday highs of $0.195 as sellers capped gains at resistance. The move follows Monday’s brief push toward $0.20, with traders citing

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What now when the structure tightens between $2.33 and $2.44

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XRP pulls back from intraday highs amid heavier trading activity, holding above key support levels while lagging broader crypto benchmarks. News background XRP fell 1.17% to $2.39 during Tuesday’s session, underperforming the CD5 index by 1.47 percentage points as sellers regained control in the short term. The move came despite a 5.77% increase in trading

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Inveniam Capital Partners acquires Storj to promote decentralized data infrastructure

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In a move that underscores the growing convergence of decentralized infrastructure and enterprise AI, Inveniam Capital Partners has signed a definitive agreement to acquire Storj, a longtime player in decentralized cloud storage, the company said in a press release Wednesday. Financial details of the transaction were not disclosed. The deal will fold Storj’s distributed storage

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BTC, ETH markets steady as traders await CPI and China-US de-escalation signs

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Good morning, Asia. Here’s what’s making news in the markets: Welcome to the Asia Morning Briefing, a daily overview of top stories in US hours and an overview of market movements and analysis. For a detailed overview of US markets, see CoinDesk’s Crypto Daybook Americas. Crypto markets have entered the midweek in a holding pattern.

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UK’s FCA Sues Crypto Exchange HTX for Illegal Promotion of Digital Assets

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The United Kingdom’s Financial Conduct Authority (FCA) said it is suing cryptocurrency exchange HTX for illegally promoting digital asset services in the country. The FCA opened legal proceedings against the exchange, formerly known as Huobi, in the High Court, London, according to an emailed statement on Thursday. The financial regulator previously issued warnings going back

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