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BTC ETF One Step Closer To Reality After Court Ruling

Cryptocurrency prices spiked after the U.S. Court of Appeals for the D.C. Circuit ruled in favor of Grayscale Investments in its case against the Securities and Exchange Commission. So reports The New York Times.

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Goldman Scolded By Fed Over Due Diligence Practices

The U.S. Federal Reserve has issued a warning to Goldman Sachs after the company apparently signed on some risky fintech clients. So reports Reuters.

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Sotheby’s, Celebrities Facing Class Action Suit After NFT Market Dive

A cohort of investors is suing Sotheby’s Holdings Inc., among others, in the wake of a 2021 auction of Bored Ape Yacht Club NFTs. So reports CNN.

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Trump Financial Filings Show $2.8M in ETH: Report

Embattled ex-President Donald Trump owns more than $2.8 million worth of Ethereum, according to recently published financial disclosures. So reports Investor’s Business Daily.

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Vesttoo Files Bankruptcy After Discovering Credit Fraud Scheme

Vesttoo, an Israeli-based fintech company, has filed for Chapter 11 bankruptcy protection in an effort to “pursue legal action against those responsible for a fake collateral scandal.” So reports Reuters.

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New U.K Fintech Fund To Support Companies Ahead of IPO

The U.K. launched a new investment fund aimed at backing growth-stage fintechs looking to eventually go public. So reports CNBC.

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GameStop Walks Back Wallet Plan, Citing 'Uncertainty' In Crypto Space

Citing “regulatory uncertainty of the crypto space,” onetime crypto bull Ryan Cohen said GameStop will be dumping support of its crypto wallet. So reports PC Gamer.

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Block Comes On Strong in Q2 Despite Challenging Climate

Despite economic headwinds, Jack Dorsey’s Block reported strong Q2 earnings. As such, the fintech giant hauled in a net revenue of more than $5.5 billion in the quarter. So reports Reuters.

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Finastra Downsizes Again As It Looks To Outsource Labor

Fintech Finastra laid off dozens of workers in Israel as it engages in its second such round this year. So reports Calcalist.

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Shanghai Forges Ahead with Blockchain Applications

Despite a blanket ban on crypto in China, the Shanghai government continues to explore the benefits of blockchain. So reports Crypto.news.

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