Luxembourg-based crypto exchange Bitstamp will suspend trading of seven major altcoins for US customers starting Aug. 29, 2023. The affected cryptocurrencies include Axie Infinity (AXS), Chiliz (CHZ), Decentraland (MANA), Polygon (MATIC), Near (NEAR), Sandbox (SAND), and Solana (SOL). After Aug.… origin »
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Bone ShibaSwap (BONE), the governance token for the ShibaSwap DEX and one of the Shiba Inu ecosystem tokens, has skyrocketed 25% over the past week. The impressive run has been supported by a noticeable surge in daily active addresses since… origin »
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The Internal Revenue Service (IRS), the leading tax authority in the United States, recently released Revenue Ruling 2023-14, providing clarity on the taxation of income derived from crypto staking. The ruling categorizes cryptocurrency staking rewards, along with various other income… origin »
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The US Securities and Exchange Commission has frozen the assets of Utah-based crypto mining firm Digital Licensing Inc., linked to a $50 million fraudulent crypto scheme. origin »
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Over the past 14 years the Bitcoin mining market has undergone rapid development which continues today as well. The crypto industry of 2023 is witnessing a new trend where market giants are investing heavily in mining and the technological initiatives… origin »
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US SEC issues temporary restraining order against Utah-based DEBT Box for alleged $49 million crypto scheme fraud origin »
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In July, Kraken reinforced its dominance as the top platform for altcoin trading in the US. Kaiko reports reveal that Kraken commanded nearly 50% of the market depth for the top 10 altcoins. On Aug. origin »
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Months before Prime Trust filed for Chapter 11 bankruptcy, online sleuths in the crypto community were on the case and continue to follow the money. origin »
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Judge John Dorsey from the U. S. Bankruptcy Court has sanctioned Terraform Labs’ request to subpoena vital documents, potentially aiding its defense against fraud charges made by the SEC in the ongoing FTX bankruptcy case. origin »
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Bitcoin (BTC) has dropped from the $29,000 mark for the first time since June 22. The downward movement comes as the broader crypto market witnesses a $21 billion fall. The flagship cryptocurrency is down by 1.5% in the past 24… origin »
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Robinhood Q2 results showed a profit for the first time since going public, but crypto revenue declined in the same quarter. Robinhood’s revenue from cryptocurrency transactions fell 18% to $31 million, according to a quarterly report released on Aug. 2.… origin »
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At press time, Ripple (XRP) was trading at $0. 5149, down 1. 64% in the past 24 hours. The XRP trading volume has dropped by 4. 56% today as fears of XRP’s future continue. The Court allowed the US SEC to appeal the Ripple (XRP) case. origin »
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BTC price dips to six-week lows, but worse could be to come for Bitcoin, says Capriole Investments.
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KX, a venture builder subsidiary of Kasikorn Business Technology Group, invested in Magic and Transak early this year origin »
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Lawyer Oscar Franklin Tan believes that if the appeal is allowed, whoever wins will build momentum in the main case.
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Cardano (ADA) has been experiencing a noteworthy surge in accumulation despite prevailing bearish sentiment in the market. Despite a 35% decline in its market cap over the last four months since the yearly peak, trader sentiment toward Cardano remains subdued.… origin »
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Litecoin block rewards have now halved to 6.25 LTC as the halving clock is reset for another four years.
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Industry experts predict InQubeta's utility token, QUBE, to outgrow established coins like Bitcoin (BTC), Binance Coin (BNB), and XRP origin »
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From the evolution of decentralization to the rise of DeFi, the cryptocurrency landscape has witnessed remarkable shifts. As the sector matures, the attention is turning to real-world applications, and Bitcoin Spark is at the center of this revolution. origin »
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US authorities are preparing to charge FTX founder Sam Bankman-Fried with an illegal campaign finance scheme, per court documents filed on Aug. 8. In a twist to the legal case, the prosecutors plan to file a superseding indictment for the… origin »
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NFT project y00ts will migrate from Polygon to Ethereum and return a $3 million grant to “unite the DeGods and y00ts communities.” DeLabs’ profile picture (PFP) project y00ts has been through several transitions, having migrated from Solana (SOL) to Polygon… origin »
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Pudgy Penguins CEO reveals why PFT holders aren’t doomed, Grails offers a blind tasting to buy famous NFT artists, and free Amazon Prime NFTs. origin »
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Kyle Davies, co-founder of the now-defunct 3AC, has contested the authority of the United States, asserting his legitimate citizenship in Singapore. The move comes as Davies, one of the co-founders behind the now-insolvent cryptocurrency hedge fund Three Arrows Capital (3AC),… origin »
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Economists from Goldman Sachs predict that AI investment could account for up to 4% of GDP in the United States by 2025.
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Bitcoin’s (BTC) price has been struggling around the $26,000 mark over the past week, but with the recent incline, more investors have shifted to self-custody. The flagship cryptocurrency finally gained bullish traction with a 1.5% rise in the past 24… origin »
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Following the recent departure of one, two more attorneys withdrew from representing the US SEC in its lawsuit against Ripple over XRP offerings. Aug. 24 court filings reveal that attorneys Richard Best and Robert MacDonald Moye requested to withdraw from… origin »
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As Singapore does not allow dual nationality, 3AC co-founder Kyle Davies said he chose to renounce his U.S. citizenship after getting married and receiving permanent residency. origin »
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Amid outflows from Ethereum and Cardano, InQubeta, an artificial intelligence (AI)-inspired project, has raised over $2 million in the ongoing presale origin »
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Coinbase released its financial results for the second quarter of the year, beating the analysts’ expectations. The company reported $663 million in net revenue, which is down by 10% compared to the same period last year. Coinbase also disclosed an… origin »
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The crypto mining industry is getting a dedicated lobby group aimed at opening up discussions with lawmakers in Washington.
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There are many Bitcoin alternatives in the crypto market. However, Bitcoin forks have been getting a lot of attention recently. Bitcoin Spark (BTCS) and Bitcoin Cash (BCH) have especially risen in popularity, with crypto enthusiasts talking highly of their prospects. origin »
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InQubeta combines artificial intelligence (AI) technology with decentralized finance (defi) and looks set to replace Polkadot origin »
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Coinbase reached has reached 136,000 daily users following the announcement of its new blockchain. According to Dune Analytics, nearly 30% of the daily users on August 10 were new users, representing 42,000 of the total. On July 31, the company… origin »
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Binance lodges a petition against the SEC, arguing that the regulator’s wide-reaching demands are undue and exceed the scope of their case. On August 14, Binance filed a petition for a protective court order with the United States Securities and… origin »
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Bitcoin (BTC) has witnessed high volatility over the past month, but with the current whale movements, the flagship cryptocurrency gained a bullish moment. According to data from Santiment, Bitcoin whale transactions, consisting of at least $1 million worth of BTC,… origin »
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DigiToads, an emerging defi project that has raised over $6.8 million, is being monitored as BTC holders shift to ETH origin »
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Delphi Digital co-founder Kevin Kelly believes a recent change in a key U.S. manufacturing business index could be one of the bellwethers for a crypto bull run. origin »
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Ripple is now among CNBC’s top companies, along with PayPal and Revolut, its exec Monica Long revealed. The CNBC ranking, developed in collaboration with research company Statista, encompasses the highest-performing fintech firms from various regions worldwide, including Asia, Africa, Europe,… origin »
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New reports state that Binance’s board grappled over shutting down US operations amid growing regulatory pressure earlier in 2023. According to The Information, Binances’s CEO, Changpeng “CZ” Zhao, tried to close the exchange’s US operations earlier this year. In a… origin »
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The Federal Bureau of Investigation (FBI) recently issued a warning to potential NFT buyers to beware of bogus websites that use “drainer smart contracts” to steal from crypto wallets. The advisory informs the public about a new crypto scam where… origin »
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On-chain and social data show a significant rise in Pepe’s (PEPE) social dominance, surpassing Bitcoin (BTC) and Ethereum (ETH). Data by market intelligence platform Santiment shows that whale transactions have constantly risen over the past week. The transfers of at… origin »
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While the pro-XRP lawyer didn’t anticipate XRP reaching a new all-time high after the ruling, he did expect the price to surpass the $1 resistance level. origin »
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Bitcoin traders ramp up bullish prognoses as BTC’s price faces down key resistance — can bulls stay the course?
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“Don’t shoot the messenger,” said the messenger before dying in a flurry of bullets fired from the barrels of angry crypto enthusiasts. origin »
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Learn about the future of Aave, STEPN and Pomerdoge as we explore which altcoin and project can rise in 2023 origin »
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Justin Sun, the founder of Tron and advisor at Huobi, moved hundreds of millions of dollars over the past ten days, while negative news around execs circulated. The blockchain security firm PeckShield noted an Ethereum (ETH) wallet address, labeled as… origin »
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Proponents say PayPal’s PYUSD could see Ethereum become the money layer of the internet, while opponents argue that it’ll act like a poorly designed central bank digital currency. origin »
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A vulnerability in the Libbitcoin Explorer 3.x library has led to the theft of over $900,000 from Bitcoin users. Blockchain security firm SlowMist reported the issue. It could also affect users of other digital currencies like Ethereum (ETH), Ripple (XRP),… origin »
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A crypto wallet linked to the BNB Smart Chain exploit had three of its positions liquidated after BNB’s price dropped below $220. origin »
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