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Daily Dose: $1B Crypto Recovery Fund

Binance aims to allocate $1 billion for crypto recovery fundBinance will allocate $1 billion to its proposed industry recover fund, while Binance.US intends to bid for bankrupt cryptocurrency lender Voyager’s assets.CointelegraphGareth Jenkinson Binance intends to allocate $1 billion for a proposed industry recovery fund, while its CEO...

Daily Dose: Crypto Has Survived Worse Than the Fall of FTX

Crypto has survived worse than the fall of FTX: ChainalysisA Chainalysis report concludes that the crypto industry will bounce back from the downfall of FTX, after comparing the exchange to Mt. Gox at the time when the latter collapsed.CointelegraphLuke Huigsloot Blockchain analysis firm Chainalysis has compared the fall of...

Daily Dose: Central Banks Can Use BTC to Fight Off Sanctions

Central banks can use Bitcoin to fight off sanctions: Harvard researchResearcher Matthew Ferranti argued that there is merit for central banks to hold Bitcoin even under normal circumstances.CointelegraphEzra Reguerra A research paper published at Harvard university highlighted how central banks can use Bitcoin to hedge against financial sanctions from...

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