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Official CMC Telegram Channel: Updates, News, and Events!
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Unknown On-chain Trader Scores $46 Million Profit on PEPE as Memecoin Surges
An unidentified trader has raked in a staggering $46 million in profit by investing in the Pepe (PEPE) memecoin.
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Floki Inu Surges 17% Following Roaring Kitty's Return Which Saw GME Stock Surge
Memecoins are experiencing a surge once again following the reappearance of Roaring Kitty, a notorious meme influencer.
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Ethereum L2 Blast Finally Announces Highly Anticipated BLAST Airdrop Date
Blast, a promising Ethereum layer-2 scaling network developed by Pacman, the founder of NFT marketplace Blur, has finally unveiled the launch date.
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Ethereum Struggles to Keep Pace with Crypto Market Rally Despite Positive US Economic Data
On May 15, the cryptocurrency market experienced a surge in total capitalization by 5.5% following the release of inflation and retail sales data from the United States.
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Bitcoin Price Surges Following Lower-Than-Expected CPI Data, Positive ETF Flows
Bitcoin (BTC) experienced a rally, reaching $66,190 and gaining over 7.5% in the past 24 hours.
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Coinbase Faces Major Outage, Users Still Experience Technical Issues
Coinbase, the world's second-largest cryptocurrency exchange in terms of trading volume, encountered a significant outage on May 14, disrupting its services for several hours.
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Vitalik Buterin Proposes New Gas Model for Ethereum Transaction Call Data
Vitalik Buterin, the co-founder of Ethereum, has introduced a new Ethereum Improvement Protocol (EIP-7706) that focuses on a revised gas model for transaction call data.
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Tether Freezes $5.2M USDT in Response to Phishing Scams
Stablecoin issuer Tether has taken action by freezing $5.2 million worth of its stablecoin, Tether (USDT), following its connection to phishing scams.
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Paradigm Introduces Block Trading Facility for MATIC, SOL, XRP Options on Deribit
Paradigm, a prominent over-the-counter (OTC) liquidity network in the crypto industry, unveiled a new block trading feature on Deribit, a leading derivatives exchange.
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Philippine Peso-Backed Stablecoin, PHPC, Granted Approval for Pilot by Central Bank
Coins.ph, a digital currency exchange based in the Philippines, has received approval from the country's central bank to conduct a pilot program for its Philippine Peso-backed stablecoin.
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Odds of Ethereum Spot ETF Approval Are “Slim to None,” Says Bloomberg Analyst
The crypto world anxiously awaits the U.S. Securities and Exchange Commission's (SEC) pivotal ruling on the approval of a spot Ethereum ETF, scheduled for May 31st.
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US Spot Bitcoin ETFs Regain Net Inflow of $116M After One Month of Outflows
Spot Bitcoin ETFs in the United States experienced a turnaround as net inflows of $116.8 million were recorded last week, following four consecutive weeks of outflows exceeding $1 billion.
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Chinese Authorities Bust $295M Underground Cryptocurrency Exchange
Chinese authorities have cracked down on an underground bank involved in illegal currency exchange operations between the Chinese yuan and the South Korean won.
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El Salvador Launches Real-Time Bitcoin Treasury Tracker, Holding $360 Million Worth of BTC
El Salvador has introduced a proof-of-reserves website that offers tools for monitoring the country's Bitcoin holdings using on-chain data.
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North Korean Hackers Deploy New Malware "Durian" to Target South Korean Crypto Firms
A recent report from cybersecurity firm Kaspersky reveals that North Korean hackers, specifically the Kimsuky group, have been using a new and notable malware variant named "Durian".
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Bitcoin Price Touches $63,000 Ahead of US Inflation Reading
Bitcoin (BTC) gained 2.80% over the past 24 hours, touching $63,098, ahead of the release of United States macroeconomic data this week.
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Bitcoin Options Data Indicates Expectations of Price Surge Towards Highs by End June
Recent options data from Binance has revealed a concentration of open interest in bitcoin options at a strike price of $75,000 for the end-of-June expiry.
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Bitcoin’s Runes Protocol Witnesses Declining Activity and Fee Revenue
The Runes protocol, known for enabling the creation of fungible tokens on the Bitcoin blockchain, has experienced a significant decrease in activity since its initial week of trading.
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Lightning Labs Conducts Successful Tests Enabling Stablecoins on Bitcoin Blockchain
Lightning Labs, the developer behind Bitcoin's Lightning Network, has conducted successful tests of a protocol aimed at enabling stablecoins to be issued on the Bitcoin blockchain.
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Wells Fargo Ventures into Crypto with Bitcoin ETF Investments
Wells Fargo, one of the prominent banking institutions in the United States, has revealed its foray into the world of cryptocurrencies
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Crypto Market Sees Lackluster Performance as Bitcoin Struggles to Regain Momentum
In what has been a rather uneventful week for the crypto market, most cryptocurrencies experienced a downward trend.
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European Regulators Considers Crypto's Inclusion in €12T Investment Market
The European Union's security watchdog, the ESMA, is actively exploring the possibility of integrating cryptocurrencies into the vast €12 trillion investment product market.
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Bitcoin Mining Difficulty Faces Largest Downward Adjustment Since 2022
Bitcoin (BTC) is facing the risk of breaking down below $61,000, as it tested familiar trendlines for support, causing a decline in its price.
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US President-Related Memecoins Experience Surges Following Trump’s NFT Gathering
In the past 24 hours, memecoins inspired by former and current U.S. presidents, Donald Trump and Joe Biden, have witnessed significant surges in value.
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Tokenizing Fiat Currencies Holds Tremendous Potential, Says Tether Co-Founder
William Quigley, the co-founder of stablecoin giant Tether and decentralized exchange WAX, believes that the tokenization of fiat currencies is a groundbreaking innovation.
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VanEck Launches MEMECOIN Index To Track Top Meme Tokens
VanEck, a prominent asset management firm, has joined the memecoin frenzy by introducing a new index focused on this highly popular category of tokens.
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FTX Claims Surge Above Par Value Following Estate's Recovery Plan
Claims related to the bankrupt crypto exchange FTX have witnessed a remarkable surge, with their prices exceeding 100 cents on the dollar.
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Traders Increase Short Positions as Grayscale Withdraws Ethereum Futures ETF Application
The price of Ethereum (ETH) has been hovering near a crucial support level at $3,010, experiencing a 2.57% drop over the past 24 hours, according to CoinMarketCap data.
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Standard Chartered: Trump's Potential Re-Election Could Benefit Bitcoin
A research note released by Standard Chartered suggests that if Donald Trump secures a second term as the President of the United States in November.
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Major US Banks Collaborate with Mastercard to Test Tokenized Banking Settlements
Mastercard, a leading payment processing and settlement company, has partnered with major US banking institutions
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Volatility Risk Premium Indicates Potential Stability for Bitcoin Post-Halving
A new indicator called the volatility risk premium (VRP) is indicating a period of low volatility in the market.
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Visa Claims that 90% of Stablecoin Transaction Volumes Are Not Initiated by Humans
Visa, in collaboration with enterprise blockchain data provider Allium, has unveiled a new data dashboard aimed at addressing the issue of "inorganic activity".
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Revolut Launches Revolut X Crypto Trading Platform for UK Retail Customers
Revolut, the global fintech company and neobank, has made a significant entry into the cryptocurrency space with the introduction of Revolut X.
Starknet Foundation Launches $5 Million Grant Program
The Starknet Foundation has unveiled a new grant program aimed at supporting new projects on Starknet.
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Solana Gains 5%, While Bitcoin and Ethereum Experience Minor Dips
While most of the top cryptocurrencies are trading sideways or slightly down, Solana (SOL) stands out with a nearly 2.28% increase over the past day.
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Ethena Labs Partners with Bybit to Enhance USDe as Collateral and Spot Trading
Ethena Labs, a leading provider of synthetic assets, has announced a strategic partnership with Bybit, a prominent cryptocurrency exchange.
Memecoin Fever Cools Down
The wild ride of memecoins appears to be hitting some turbulence as Bitcoin's resurgence captures traders' attention
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Crypto Venture Capital Funding Surpasses $1 Billion for Second Consecutive Month
Crypto venture capital funding has exceeded $1 billion, signaling sustained investor interest in the industry.
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Ethereum Witnesses a Significant Drop in Daily ETH Burning
The Ethereum network has experienced a notable decline in the daily amount of ETH burned, reaching its lowest level this year.
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Bitcoin Runes Regain Dominance in Daily Transactions on the Bitcoin Network
Bitcoin Runes, a protocol launched on April 20, has overtaken the original Bitcoin, Ordinals, and BRC-20 tokens in terms of daily transactions on the Bitcoin network.
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MetaMask Introduces Smart Transactions Feature to Tackle MEV Issues on Ethereum
MetaMask, the leading Ethereum wallet, is launching a new feature called Smart Transactions to combat the negative effects of maximal extractable value (MEV).
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SEC Issues Wells Notice to Robinhood For Crypto Trading Business
Robinhood, the popular trading platform, has received a Wells notice from the United States Securities and Exchange Commission (SEC), leading to a 2.5% drop.
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FriendTech's Native Token Begins Trading Amidst Airdrop Claims Issues
The native token of web3 social media platform FriendTech, FRIEND, witnessed a significant drop in value to a low of $0.80 following its launch.
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Bitfinex CTO Paolo Ardoino Dismisses Claims of Database Hack as Fake
Bitfinex, a prominent cryptocurrency exchange, has refuted the claims made by hacking group Fsociety.
Sui Network Addresses Concerns Over Token Supply and Control
The Sui Network has responded to allegations regarding its tokenomics and control of its SUI token.
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Eigen Foundation Expands EIGEN Token Allocation by $280M To Address Concerns
In response to community criticism and to boost accessibility for early adopters, Eigen Foundation has announced that it will allocate an additional 100 EIGEN tokens.
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Grayscale Bitcoin Trust ETF Breaks 11-Week Outflow Streak with $63M Inflows
After 11 consecutive weeks of outflows, the Grayscale Bitcoin Trust ETF (GBTC) has finally experienced a positive gain of $63 million.
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Friend.tech Prepares for Version Two Launch and Airdrop, but Leaked Smart Contract Raises Controversy
Decentralized social media platform Friend.tech is gearing up for the launch of its version two and accompanying airdrop on May 3.
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Bitcoin Layer-2 Network Stacks Witnesses Surge in Active Users
The leading Bitcoin layer-2 (L2) network, Stacks, has achieved a remarkable milestone with its highest number of active users to date.
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Tokenization Firm Securitize Secures $47M Funding Round Led by BlackRock
Securitize, a tokenization firm based in Miami, has successfully closed a strategic funding round, raising $47 million.
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Federal Reserve Holds Key Interest Rate Steady Amid Inflation Concerns, Bitcoin Remains Flat
The Federal Reserve opted to maintain its key interest rate amid inflationary pressures.
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LayerZero Labs Completes Initial Snapshot for Potential Airdrop
LayerZero Labs, the company behind a groundbreaking cross-chain communication protocol, has recently completed an initial snapshot.
CMC Labs Incubatee 'Galaxis' Gears up for Token Launch: Announces $1M Creator Grants & Bybit IDO
Galaxis is gearing up for its token launch with $1M creator grants and Bybit IDO.
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Fantom Foundation Launches $6.5 Million Prize Pool to Incentivize “Safer Memecoins”
In a bid to tap into the booming $50 billion memecoin sector, Fantom, a layer-1 blockchain network, is taking steps to establish a safer environment for memecoin projects.
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Curve Finance Rewards Cybersecurity Researcher $250,000 for Identifying Vulnerability
A pseudonymous cybersecurity researcher known as Marco Croc, affiliated with Kupia Security, has been awarded a substantial sum of $250,000 for identifying a critical vulnerability.
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Chainlink and Rapid Addition Collaborate To Develop Adapter for Institutional Digital Asset Trading
Blockchain oracle project Chainlink and FIX connectivity solutions provider Rapid Addition are teaming up to create a FIX-native adapter.
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Tether Holdings Reports Record-Setting $4.52B Profit in Q1 2024, Discloses Net Equity for the First Time
Tether Holdings, the issuer of the leading stablecoin by market capitalization, Tether (USDT), has announced a record-breaking net profit of $4.52 billion in the first quarter of 2024.
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Bitcoin Faces Potential Further Decline to $50,000, Says Standard Chartered Bank
Standard Chartered Bank has warned that Bitcoin's recent drop below the $60,000 mark could be the beginning of more significant losses in the near future.
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Uniswap Integrates Robinhood Connect to Facilitate Cryptocurrency Purchases
Uniswap (UNI), the leading decentralized exchange (DEX) on Ethereum and EVM chains, announced on Monday that its users can now utilize Robinhood Connect.
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Safe (SAFE) Price Decline Sharply Following Unlocking of Transferability
Safe (SAFE) tokens witnessed a sharp decline of 42% in price, dropping from $3.26 to $1.88 since the token contract's transferability was unlocked on April 23.
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Hong Kong Spot Bitcoin and Ether ETFs Garner Over $200 Million in Debut
On April 30, Hong Kong's spot Bitcoin and Ether exchange-traded funds (ETFs) made a successful debut, attracting more than $200 million in total assets.
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BlackRock's Tokenized Asset Fund Surpasses Competitor Franklin Templeton
BlackRock's tokenized asset fund, BUIDL, has overtaken the rival offering from Franklin Templeton just six weeks after its launch.
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Crypto Market Faces Strong Headwinds as Bitcoin Drops Below $60,000
The cryptocurrency market is experiencing a challenging day marked by continuous selling off.
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Avalanche C-Chain Network Collaborates with Stripe for Seamless Crypto Purchases
The Avalanche C-Chain network has recently partnered with payment firm Stripe, enabling verified Stripe users to purchase Avalanche's AVAX cryptocurrency and transfer it to their wallets.
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Eigen Foundation Announces EIGEN Airdrop for Ethereum Restaking Protocol EigenLayer
The Eigen Foundation, developer of the Ethereum (ETH) restaking protocol EigenLayer, has revealed plans for an upcoming token airdrop.
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Lido Finance Achieves Milestone of One Million Ethereum Validators
Lido Finance, the prominent liquid staking protocol operating on the Ethereum blockchain, has reached a significant milestone by surpassing one million Ethereum validators.
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Tether Makes Strategic Investment of $200 Million in Blackrock Neurotech to Advance Human Potential
In an announcement on April 29, Tether, the issuer of popular stablecoin USDT, revealed its strategic investment of $200 million into Blackrock Neurotech, a leading neural implant company.
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North Korean Lazarus Group's $200M Crypto Laundering Operations Exposed by On-Chain Investigator
Pseudonymous on-chain investigator ZachXBT has meticulously detailed how the Lazarus Group, the infamous North Korean hacking syndicate, allegedly laundered over $200 million.
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South Korea Plans To Establish Permanent Crypto Investigative Unit Amid Rising Crimes
South Korea is combating the increasing incidents of cryptocurrency-related crimes and fraud cases by transitioning its temporary crypto investigative unit into a permanent one.
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Sam Altman’s OpenAI and Worldcoin Engage in Partnership Talks
OpenAI, the artificial intelligence (AI) company led by Sam Altman, is reportedly in discussions for a partnership with Worldcoin (WLD).
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Santiment: Ethereum Gas Fees Hit a Six-Month Low, Could Signal an Altcoin Rally
Gas fees on the Ethereum network have dropped to their lowest levels in six months, despite a slight rally in the price of ETH over the weekend.
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Heroes of Mavia Adjusts Token Unlock Schedule To Address Inflating Supply
Mobile strategy game Heroes of Mavia has made changes to its token unlock schedule in an effort to curb the rapid inflation of its Ethereum-based token.
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Investor Pulled $218M from Bitcoin ETFs as US Economic Growth Slows
After months of continuous inflows, the surge of cash pouring into Bitcoin exchange-traded funds (ETFs) has come to a halt.
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Rare Satoshi Mined in Fourth Bitcoin Halving Block Sold for Over $2 Million
An exceptionally rare satoshi, the smallest unit of Bitcoin, has been sold for 33.3 Bitcoin (BTC), equivalent to approximately $2.13 million.
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'Buy Bitcoin' Sign Shown During Janet Yellen's Congressional Testimony Auctioned for Over $1M
The famous 'Buy Bitcoin' sign, written on a yellow notepad, that became an iconic symbol during Janet Yellen's Congressional testimony in July 2017 has been sold.
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Consensys Sues SEC, Challenging Ethereum's Security Classification
Consensys, the Ethereum software company, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC).
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Immutable Unveils $50M Rewards Program for Gaming on its zkEVM Network
Immutable, the Ethereum scaling platform for games, has announced the launch of "The Main Quest," a rewards program.
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Stripe Enables Merchants To Accept USDC Payments on Ethereum, Solana and Polygon
Payments giant Stripe has announced its return to the cryptocurrency space.
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Renzo Protocol's EZETH Faces Price Depeg Following End of Airdrop Campaign
Renzo Protocol's restaked Ether token, EZETH, experienced a significant price depeg on April 24, causing a temporary drop in its value on the Uniswap decentralized exchange.
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Hong Kong Approves Spot Bitcoin and Ethereum ETFs, Trading To Start on April 30
The Securities and Futures Commission (SFC) of Hong Kong has officially granted approval for several spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the region.
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BlackRock Denies Tokenization Partnership with Hedera Hashgraph, HBAR Drops by 35%
Asset management giant BlackRock has clarified that it has no commercial relationship with Hedera and did not choose Hedera Hashgraph to tokenize any of its funds.
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KPMG Report Reveals Increased Crypto Exposure by Canadian Institutional Investors
According to a recent report conducted by accounting firm KPMG, institutional investors in Canada significantly increased their cryptocurrency exposure last year.
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Bitcoin Ownership Surges as Small Addresses Reached an All-time High
In a recent report, Fidelity Digital Assets revealed the significant increase in the number of Bitcoin addresses holding at least $1,000 worth of Bitcoin (BTC).
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Worldcoin To Expand WLD Token Supply by 19% Through Private Sales
Worldcoin (WLD), the digital identity project, has announced plans to increase the supply of its WLD token by up to 19%.
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Tether Will Freeze Addresses Amid Reports of Venezuelan Oil Company Using USDT to Evade Sanctions
In response to a recent Reuters report revealing that Venezuela's state-run oil company, PDVSA, has been utilizing cryptocurrencies to get around its oil and fuel exports sanctions.
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Solana DEX Aggregator Jupiter Acquires Ultimate Wallet to Drive Mobile Expansion
Jupiter, the Solana-based decentralized exchange (DEX) aggregator, revealed its acquisition of self-custody crypto wallet firm Ultimate Wallet on Tuesday.
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Crypto Industry Lobbying Group Challenges SEC's Definition of "Dealer" in Lawsuit
The Blockchain Association, a prominent crypto industry lobbying group, has taken legal action against the U.S. Securities and Exchange Commission (SEC).
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Woo X Offers First-ever Tokenized U.S. Treasury Bills for Retail Investors
Woo X, a prominent cryptocurrency exchange, claims that the launch of its new product, RWA Earn Vaults, will be the first to grant retail customers access to tokenized U.S. Treasury bills.
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Woo X Offers First-ever Tokenized U.S. Treasury Bills for Retail Investors
Woo X, a prominent cryptocurrency exchange, claims that the launch of its new product, RWA Earn Vaults, will be the first to grant retail customers access to tokenized U.S. Treasury bills.
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Pepe Memecoin Surges Following Coinbase Futures Listing
Bitcoin and Ethereum are experiencing modest gains in the past 24 hours, up 2.25% and 0.90% respectively.
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Crypto VCs Invest $12M in Shiba Inu's new “Layer-3” Blockchain and TREAT Token
Shiba Inu (SHIB), one of the leading memecoins in the crypto market, is undergoing a significant transformation as it aims to establish itself in the decentralized finance (DeFi) space.
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Bitcoin's Runes Fungible Tokens Spark Centralized Exchanges Interest
Bitcoin's Runes fungible token standard was launched as Bitcoin underwent its fourth halving event, resulting in unprecedented demand.
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Bitcoin Transaction Fees Plummet After Record Highs on Halving Day
Bitcoin (BTC) transaction fees have experienced a significant drop just one day after reaching an all-time average high of $128 on April 20, coinciding with the fourth Bitcoin halving.
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Telegram Plans To Further Leverage TON Blockchain, Including Tokenized Emojis and Stickers
During his speech at the Token2049 conference in Dubai, Pavel Durov, the founder of Telegram, expressed his commitment to blockchain technology.
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FTX Estate Plans Auction for Next Lot of Locked Solana Tokens
The FTX estate will conduct the next sale of locked Solana (SOL) tokens in the form of an auction rather than a fixed-price sale.
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$33M Controversy Surrounds ZKasino Following Protocol Launch
ZKasino, a crypto project that had gained attention with its $350 million valuation and the backing of investors like MEXC, Big Brain Holdings, Trading Axe, Pentoshi and 0xSisyphus.
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Fourth Bitcoin Halving Completed, Record $2.4M in Fees Spent on Halving Block to Inscribe Runes
Bitcoin (BTC) has successfully completed its fourth halving event, reducing mining rewards to 3.125 BTC per block from the previous 6.25 BTC
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Own The Doge DAO Secures Legal Rights to Iconic Shiba Inu Kabosu Meme Image
Own The Doge, a decentralized autonomous organization (DAO), has recently announced that it has obtained the legal rights to the beloved and iconic Doge meme image associated with Dogecoin.
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Infrastructure Layer Avail Announces 600M Token Airdrop to Unify Web3 Ecosystems
Avail has announced a significant airdrop of 600 million AVAIL tokens to its users.