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Research Cryptodaily The fresh funding came with a shakeup of Polychain's small team of around 25, with around 15 focused on research. Three employees from the research team were let go while another staffer was added, according to the person familiar, as the firm prepares for its fourth fund. General partner Niraj Pant also left to start his own project as part of the turnover.

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The virtual currency lending products at issue in today’s actions promise a fixed or variable rate of return to investors, and claim to deliver those returns by, among other things, trading with, or further lending those virtual assets. The most common virtual currency lending products or services are therefore securities under the Martin Act, including, in particular, those that accept virtual currencies in exchange for a rate of return. As a result, entities offering such products from New York or to New Yorkers must be registered with the OAG as brokers, dealers, or salespersons, unless exempted. Featured Broker Over the last 24 hours, Ether (ETH), the currency for the Ethereum network, went from ₹1,69,502 to ₹1,66,703, with a market cap of ₹20.1T. In the same time, Litecoin (LTC) moved up from ₹5,880.19 to ₹5,982.37, a change of 1.74%, with a market cap of ₹442.3B. Ripple, or XRP, is another hugely popular token, with a market cap of ₹2.8T. In the last day, its value has changed -2.03%, moving from ₹54.14 to ₹53.5.

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Amilcar has 10 years of FinTech, blockchain, and crypto startup experience and advises financial institutions, governments, regulators, and startups. Cryptocurrency Prices In India A cryptocurrency is a digital currency that enables financial transactions without relying on banks or other credit institutions. Since no centralized authority controls the transactions, cryptocurrency is part of the decentralized financial market.

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The recent crackdown by U.S. agencies will be the focus of a subcommittee hearing that Hill will lead Thursday. It will feature testimony from Paul Grewal, chief legal officer of the U.S.-based crypto exchange Coinbase. Accept Crypto Payments online, through your platform, email invoicing or in-store. Get settled in fiat within 1 business day, volatility-free. Cookie Preferences

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