Tag: Cryptocurrency

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UNI Price Update: CoinDesk 20 Reports 8.6% Drop in UNI Performance

UNI Price Update: CoinDesk 20 has reported an 8.6% drop in UNI performance. It is important to highlight that CoinDesk, an esteemed media outlet that focuses on the cryptocurrency industry, has recently updated its...
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Binance Lawyers Seek Dismissal of Amended SEC Lawsuit

Lawyers representing Binance and former CEO Changpeng “CZ” Zhao have filed a motion to dismiss an amended complaint by the SEC. The motion argues that the SEC is not providing a clear standard for...
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Bitcoin Miners Marathon & Riot Achieve Record Production After Halving

Marathon Digital and Riot Blockchain, two of the largest public Bitcoin miners, have achieved record-breaking production levels following the halving event in April. Despite the challenges posed by increasing mining difficulty, both companies have...
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Bitcoin Mining Startup Offers Free Money to Renewable Energy Companies for Sustainable Mining Operations

Spencer Marr, the president of Sangha Renewables, had an idea that could potentially revolutionize the renewable energy industry. He envisioned renewable energy companies mining bitcoin to turn wasted energy into valuable digital currency. Sangha...
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Binance Research Warns Memecoins Pose Risk Amid Fundamental Innovation Frenzy

Binance Research recently released a report raising concerns about the risks associated with memecoins in the current market. The report highlighted that a staggering 97% of these tokens have either failed or become inactive...
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OSL Group Expands into Japan with CoinBest Acquisition

OSL Group, a leading financial services provider, has recently made a strategic move by expanding into the Japanese market through the acquisition of CoinBest, a local crypto exchange. This acquisition, which includes an 81.38%...
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Unveiling Solana’s High Transaction Attraction: VanEck’s Perspective

VanEck recently shared insights into Solana's appeal, emphasizing that the network's efficiency drives high transaction volumes and revenue growth, despite concerns about wash trading in memecoins. This news comes amidst speculation about the accuracy...
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Real-Time Forex Swap Onchain: Citi and Fidelity Showcase Proof-of-Concept

Citi and Fidelity, two major players in traditional finance, have collaborated on a proof-of-concept for a digital foreign exchange swap within an onchain money-market fund. This innovative concept will be showcased at the upcoming...
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Bitcoin’s Evolution: Entering a New Era at 16

On October 31, Bitcoin celebrated its 16th birthday, marking the day when Satoshi Nakamoto introduced the whitepaper that revolutionized the financial world. At 16, Bitcoin is no longer seen as a mere experiment but...
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Proposed Deflationary Tokenomics in MakerDAO Rebranding: A Strategic Approach

Rune Christensen, the founder of Sky, formerly known as MakerDAO, has put forth a proposal for a strict deflationary approach to the governance token of the protocol. The community is set to vote on...