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The ApeCoin ecosystem recently unveiled a groundbreaking Blueprint that is poised to shape its future development. This Blueprint specifically focuses on the ApeChain blockchain layer, which plays a vital role in supporting the ecosystem and its users. With a strong emphasis on enhancing user experience, boosting developer productivity, and expanding ecosystem exposure, ApeChain is set
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Investors in the cryptocurrency market are constantly bombarded with news, trends, and community discussions that shape their investment decisions. One significant narrative that has been dominating the market is the influence of crypto whales – large holders of bitcoin and other major cryptocurrencies. These whales have the power to move the market significantly, causing both
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The recent security breach at the Indian crypto exchange WazirX has raised concerns in the industry. The hacker responsible for stealing over $235 million has transferred around $10 million through sanctioned Tornado Cash in the past 24 hours, according to blockchain security firm Cyvers. Cyvers reported that the hacker had begun moving assets the previous
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Recently, the Future Forward USA PAC, a supporter of Vice President Kamala Harris’ presidential campaign, made waves by announcing that they would start accepting crypto donations through Coinbase Commerce. This move sparked interest and raised questions about the increasing role of digital currencies in political funding. During the Citigroup’s 2024 Global TMT Conference in New
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Robinhood’s crypto division has found itself in hot water, agreeing to pay a hefty $3.9 million fine to settle a California investigation into its questionable past practices. The California Attorney General, Rob Bonta, revealed that the settlement was reached due to Robinhood Crypto’s troubling behavior of preventing users from withdrawing their digital assets from 2018
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X Empire, formerly known as Musk Empire Game, is a tap-to-earn crypto game on Telegram that has captured the attention of players looking to delve into the world of blockchain-based games. With the unique combination of tap-to-earn mechanics and cryptocurrency rewards, X Empire offers an enticing experience for those eager to explore the potential of
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The recent price volatility of Bitcoin, including a significant crash below $50,000 last month, has caused a slowdown in the momentum of the anticipated bull run. Despite this price lull, some analysts remain optimistic about Bitcoin’s future price movements. One crypto analyst, CryptoCon, views Bitcoin’s recent price drop as a minor setback and believes that
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Recently, the US Securities and Exchange Commission (SEC) charged and settled with hedge fund Galois Capital Management LLC over a private fund managed by the firm that primarily invested in crypto. The SEC charges are related to Galois Capital allegedly failing to comply with client asset safeguarding requirements, particularly crypto that the regulator labeled as
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Bitcoin’s recent price fluctuations, from a high of $59,076 to a low of $57,127, showcase the volatility of the cryptocurrency market. The looming threat of a US recession has added a layer of tension to financial markets, impacting the trajectory of Bitcoin. The Federal Reserve’s upcoming FOMC meeting on September 17-18, 2024, has intensified the
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Bitcoin’s price slipped to below $56,000, triggering concerns among investors about its future trajectory. According to Arthur Hayes, co-founder of BitMEX, the largest cryptocurrency could decline even further to $50,000 in a worst-case scenario. Hayes’ bearish outlook extends to altcoins as well, with the potential for steeper losses looming on the horizon. The broader macroeconomic
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Despite the completion of the highly anticipated Chang upgrade on Cardano’s Layer-1 blockchain, the price of ADA has experienced a significant drop. The Chang hardfork brought crucial changes to the Cardano ecosystem, including the introduction of on-chain voting, Delegate Representatives, enhanced smart contract capabilities, and a new governance structure with cost model improvements. ADA holders
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The recent charges levied by the U.S. Securities and Exchange Commission against Galois Capital, a crypto-focused advisory firm that custodied client assets at FTX, have highlighted significant shortcomings in the firm’s practices. In response to the SEC’s findings, Galois has agreed to pay a civil penalty of $225,000, which will be distributed to investors who
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