Has USDT managed to restore investor confidence? Data suggests...

USDT's market cap reached a new ATH, leaving TUSD and USDC behind. Holders confirmed preference by holding USDT, but a new stablecoin is in town. Amid regulatory scrutiny and uncertainty surThe post Has USDT managed to restore investor confidence? Data suggests... appeared first on AMBCrypto.

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The Tech Stock Trend Is Strengthening: Why This Matters For Bitcoin

The Nasdaq (NDX) retreated last week, leaving behind a nasty looking candle. However, when measuring the underlying trend strength, tech stocks could have a lot more to go. And if that’s the case, it could be bullish for Bitcoin according to a new historical comparison.

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Why Polygon has its work cut out when it comes to zkEVM

StarkNet witnessed a rise in TVL and activity, leaving Polygon zkEVM behind. MATIC's price continued to rise as the number of tokePreview (opens in a new tab)n holders increased. Throughout The post Why Polygon has its work cut out when it comes to zkEVM appeared first on AMBCrypto.

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Cardano’s lead developer testing Mithril, set for mainnet launch

Input Output Global (IOG), the development team behind Cardano, has introduced a new update for Mithril

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Curve DAO’s Utility Falls Behind This Wildly Successful Crypto AI Project called InQubeta

As a rapidly evolving landscape, cryptocurrency is no stranger to new and innovative projects, with many emerging constantly. Curve DAO is one of the established tokens in the crypto market, but its utility continues to dwindle, making it less appealing.

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Justin Sun Faces New Allegation: Are 60,000 Bitcoin On Tron Unbacked?

In the Bitcoin and crypto space, the spotlight is once again on Justin Sun, the enigmatic figure behind the Tron blockchain. Recent allegations by prominent crypto researcher @ErgoBTC and a tweet by Adam Cochran have raised serious questions about the backing of TRC-20 Bitcoin on the Tron network.

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From MATIC to POL, here’s how investors are preparing

MATIC exchange outflow increased following the news about the token's upgrade. The number of new addresses joining the network decreased. Behind the scenes, Polygon’s [MATIC] decision to tThe post From MATIC to POL, here’s how investors are preparing appeared first on AMBCrypto.

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Coinbase CEO Brian Armstrong Set To Engage With House Democrats On Wednesday

Brian Armstrong, Chief Executive Officer of Coinbase, is set to hold a meeting with Democrats from the United States House of Representatives this Wednesday. According to a report by Bloomberg, the Coinbase CEO will be meeting with the New Democrat Coalition behind closed doors to discuss a range of issues.  Coinbase CEO To Engage Democrat […]

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Why Is Bitcoin Price Up Today?

The Bitcoin price tagged a new yearly high yesterday at $31,840, leaving market participants wondering about the driving forces behind this bullish momentum. The Power of Economic Indicators One of the crucial factors contributing to Bitcoin’s upward trajectory was the release of the United States Producer Price Index (PPI) data.

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Polygon Unveils Game-Changing Transformation of MATIC into Versatile POL Token

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Hacker behind $9 million crypto exploit charged in New York

The crypto hack took place over a Solana-based liquidity protocol in July 2022. The hacker was allowed to keep $1.6 million as a white hat bounty. The U.S. Attorney for the Southern DistrictThe post Hacker behind $9 million crypto exploit charged in New York appeared first on AMBCrypto.

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Assessing the factors behind Polygon’s rebound

MATIC was the best-performing asset out of the top 20 cryptocurrencies in the last 24 hours. The growth in new addresses and open interest contributed to the hike. The price of Polygon [MATIThe post Assessing the factors behind Polygon’s rebound appeared first on AMBCrypto.

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DeFi On Cosmos Gets A Boost As Tether Launches USDT On Kava

Tether, the company behind the largest stablecoin, USDT, has partnered with Kava, a lightning-fast layer-1 blockchain, to launch USDT on the Kava network. This move opens up a whole new world of DeFi opportunities for USDT holders and the Cosmos ecosystem.

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ETH DeFi ‘circuit breaker’ could cut hack losses by 70% — Developer

Diyahir Campos, a smart contract developer behind the new ERC proposal, sought action after falling victim to the Euler Finance hack in March.

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Circle launches beta test of wallet-as-a-service for developers

Circle, the company behind the second-largest stablecoin USDC, has announced the beta testing of a new service enabling developers to integrate web3 wallets into their applications

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Bitcoin Humpback Wallets Reach ATH, Is BlackRock Behind The Surge?

A recent development has caught the attention of on-chain analysts and Bitcoin enthusiasts alike. On-chain expert Axel Adler Jr, citing data from CryptoQuant, has revealed that wallets belonging to the ‘Humpback’ cohort, have reached a new all-time high (ATH).

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Azuki Teases Anime Series, New Artwork After Missing the Mark on Elementals Mint

The team behind Azuki discussed ways to rebound after its community was left frustrated by the new Elementals NFT collection.

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Uniswap's Hayden Adams: Q&A on Weathering the Regulatory Storm, What’s Next for DeFi

After the recent release of a proposal for a new "v4" version of the decentralized exchange Uniswap, CoinDesk's Sam Kessler chats with Uniswap Labs CEO Hayden Adams about the case that DeFi is “here to stay” and his position that the U.S. “lags behind” on crypto regulation.

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New Satoshi Nakamoto Documentary Probes Disappearance Of Bitcoin Creator

An upcoming documentary about Satoshi Nakamoto will delve into the fascinating realm of cryptocurrencies and the enigmatic figure behind Bitcoin. Produced by Paul Kemp Productions and All3Media International, “Searching For Satoshi: The Mysterious Disappearance of the Bitcoin Creator” is a thought-provoking film that will take viewers on a journey through the early days of Bitcoin […]

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Bitcoin Surges: Unraveling the Factors Behind Today’s Price Rally

“Record-Breaking Bitcoin Surge: Institutional Interest and Short-Squeeze Spark Unprecedented Price Rally” Bitcoin, the world’s leading cryptocurrency, experienced a remarkable price surge today, surpassing $30,746 and reaching a new high for the year at $31,431.

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Ledger Unveils New White Paper, 100% Secure Recovery Service For Crypto Investors

Ledger, the company behind popular cryptocurrency hardware wallets, has taken another step towards transparency and open-sourcing its development by publishing the Ledger Recover White Paper.  The White Paper details the technical specifications of Ledger Recover, a service that will allow users to back up and restore their Ledger device’s Secret Recovery Phrase. Related Reading: Canada […]

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Aleph Zero (AZERO) Gears Up for Massive Expansion With the Goal to Surpass SOL

In a recent development, the team behind Aleph Zero ($AZERO) has been making significant strides in their project. The team has reportedly signed five new projects, marking a significant expansion of the Aleph Zero ecosystem.

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a16z Expands To London Citing Favorable Crypto Regulatory Environment

Andreessen Horowitz, the name behind venture capitalist firm a16z, is going international with a new crypto office in London. The new move from the venture capital company adds to the number of crypto-related firms in the US looking for a favorable environment outside the country.

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GameStop Removes CEO Behind NFT Marketplace

GameStop takes a new direction as it fires CEO Matt Furlong, who led the NFT push. Ryan Cohen steps in as executive chairman. Find out the implications. The post GameStop Removes CEO Behind NFT Marketplace appeared first on NFT News Today.

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TMS Network (TMSN) New Heavyweight League Champion Crashes Market: Knocks out BNB (BNB) and Litecoin (LTC) in its Wake

In a surprising turn of events, TMS Network (TMSN) dominates the crypto market in winning presale on all fronts, leaving BNB (BNB) and Litecoin (LTC) far behind. As TMS Network (TMSN) enters its fourth presale phase, its potential and momentum continue to pull off a knockout performance. Join us as we explore the rise of […]

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From PEPE and BEN To Love Hate Inu: Prepare To Lose More Money To Memecoin Schemers

In the rapidly evolving world of cryptocurrencies, a new token has emerged on the scene: Love Hate Inu (LHINU). While the team behind this meme token promises a unique voting system and rewards for community engagement, there are several red flags that suggest this could potentially be another pump and dump scheme.

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Chiliz (CHZ) Price Drops to Its Lowest in 2023 —What’s Behind It?

Chiliz (CHZ) price has lost 23% in May as it approaches a new 2023 low. What are the chances of a potential CHZ price recovery? The post Chiliz (CHZ) Price Drops to Its Lowest in 2023 —What’s Behind It? appeared first on BeInCrypto.

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OpenAI Prepares to Release New Open-Source Language Model as Competition Intensifies

OpenAI, the research laboratory behind ChatGPT, is reportedly planning to launch open-source language models amidst rising competition. The post OpenAI Prepares to Release New Open-Source Language Model as Competition Intensifies appeared first on BeInCrypto.

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Crypto enthusiasts believe DigiToads (TOADS) has the biggest potential in 2023 as they praise the innovative technology behind ETH, ADA

The cryptocurrency market has been abuzz with chatter about Ethereum (ETH) and Cardano (ADA), two of the most well-known and innovative blockchain platforms. However, savvy adherents have started to turn their attention towards DigiToads (TOADS), a new meme coin with a unique combination of features that could make it one of the most worthwhile assets […]

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MakerDAO Massive Upgrade, A New Era For DeFi?

MakerDAO, the decentralized finance (DeFi) project behind the popular stablecoin DAI, has announced a major update called “Endgame. ” Endgame is designed to enhance efficiency, resilience, and participation by applying fine-tuned AI tools to open scalable processes.

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Maniac Panda Games Launches Pre-Alpha Version of Zero-Gravity Racing Game “Racerloop”

Maniac Panda Games has launched the pre-alpha version of their new sci-fi arcade racing game, Racerloop, giving gamers a taste of what’s to come. In an official press release today, the team behind Maniac Panda Games is pleased to announce that the company has achieved a new milestone following its preparation to launch the proposed […]

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Why Web2 companies fail in Web3 while others made it

Web3 is now becoming the norm of this new era and therefore, a flurry of Web2 companies and venture capital firms are investing heavily in Web3 to avoid falling behind. 

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Former Coinbase product manager behind insider trading case sentenced to 2 years in prison

Ishan Wahi must surrender by June 21 to serve his sentence at the Fort Dix Federal Correctional Institution in New Jersey.

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Lawmakers throw weight behind New York’s CRPTO act

Several New York lawmakers have thrown their weight behind New York’s new Crypto Regulation, Protection, Transparency, and Oversight (CRPTO) Act. On May 5, New York Attorney General Letitia James revealed a proposed bill that would further extend the scope of regulatory authority over crypto firms.

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Sensorium Unveils Sensorium Arc – A New Decentralized Platform for the Web3 Era

Dubai, UAE, May 5th, 2023, Chainwire Sensorium, the Swiss tech developer behind the Sensorium Galaxy metaverse, is today announcing the development of Sensorium Arc — a decentralized platform dedicated to hosting both company-owned and third-party Web3 products and assets.

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Meme Coin PEPE Hits New All-Time High As Shorts Get Rekt

The incredible price rally of the meme coin PEPE continues. According to Coingecko data, the frog token has risen to become the third most popular meme coin, behind Dogecoin (DOGE) and Shiba Inu (SHIB), with a market cap now at $688.

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Coinbase to Stop Issuing New Bitcoin-Backed Loans via Its Borrow Service

Coinspeaker Coinbase to Stop Issuing New Bitcoin-Backed Loans via Its Borrow Service The reason behind the exchange's decision is not clear. According to those familiar with the matter, closing the service is not linked to the scrutiny from SEC which has alleged that Coinbase was offering and trading unregistered securities, thereby violating federal securities laws.

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Yuga Labs Secures Ex-Epic Games Exec as New CTO

Yuga Labs, the force behind the massively successful Bored Ape Yacht Club, has announced the appointment of Mike Seavers as their new Chief Technology Officer, effective May 22nd. Seavers, the former Executive Vice President of Development at Epic Games, will take over the CTO role from co-founder Kerem Atalay, who will remain a strategic adviser.

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Yuga Labs CEO: 'The Metaverse Is Not New'

The company behind the Bored Apes Yacht Club has a new CEO from Web2, and he knows that you can’t build Web3 with a Web2 mindset.

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Ethereum-Based AI Token Jumps 35%, What's Behind This Surge?

New Ethereum-backed AI token CryptoAI leading altcoin gains with 35% upshot

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With HedgeUp (HDUP) and (DOGE) just behind, (SHIB) gains a record number of new holders

In recent months the world of cryptocurrency has seen some positive momentum. With all the positivity, crypto adherents start buzzing with excitement, especially over projects such as Shiba Inu (SHIB).

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Uwerx (WERX) Token Presale Tipped for over 8,500% Gains, (BCH), (ETC) Could be Left Behind

Uwerx is a new project bringing the world of freelance work to the blockchain, and analysts are tipping it for gains of up to 8,500%. The gig economy is a fast-growing sector, and Uwerx can hold a blockchain edge over the current leaders.

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Can Optimism compete in the layer 2 race with these new developments?

A new client program for the OP Stack ecosystem could prove to be beneficial for the Optimism protocol. The protocol falls behind other Layer 2 solutions in various areas such as activity and rThe post Can Optimism compete in the layer 2 race with these new developments? appeared first on AMBCrypto.

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A16z’s mystery ‘orange ball’ revealed — new L2 rollup client ‘Magi’

Venture capital firm A16z revealed the secret behind its tweets that featured an orange ball – the launch of a new Layer 2 rollup client called Magi. Magi, a new rollup client developed in Rust — has been built on the OP Stack — a software stack specifically designed to create a blockchain dApp ecosystem […] The post A16z’s mystery ‘orange ball’ revealed — new L2 rollup client ‘Magi’ appeared first on CryptoSlate.

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30 cryptocurrencies were born in the last 30 days: what’s behind the boom?

In recent years, cryptocurrencies have taken the world by storm, with new ones constantly emerging. As of March 15, 2023, about 22,932 cryptocurrencies were listed on CoinMarketCap showing the rate at which the crypto space has grown since the first cryptocurrency Bitcoin was launched in 2009.

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zkSync, Arbitrum show progress leaving Optimism and Polygon behind

- zkSync showed a promise of growth as gas fees generated by the protocol increased. -Arbitrum remained the dominant protocol despite the low activity on the network. New entrants like zkSync anThe post zkSync, Arbitrum show progress leaving Optimism and Polygon behind appeared first on AMBCrypto.

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Layer-2 zkSync offers solution to recover 900 ETH locked in smart contract

Matter Labs, the team behind Ethereum's layer-2 scaling solution, zkSync, has confirmed that 921 ETH (worth $1.7 million) is currently stuck in one of its new smart contracts, GemstoneIDO.

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MEV Blocker Wants to Help You Outrun the Front-Runners

Builders behind the new utility say it will help Ethereum users avoid the scourge of MEV and earn a profit, to boot.

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Musk-DOGE saga continues as coin’s logo dethrones Twitter’s blue bird

Twitter users were bewildered when the Dogecoin logo suddenly replaced the platform’s renowned blue bird logo. As always, Elon Musk was behind the decision. In this article, we’re dismantling Twitter’s new CEO’s love-hate relationship with crypto. This audacious move was orchestrated…

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