UK Greenlights Tokenization of Investment Funds

The United Kingdom has officially authorized the use of tokenization for FCA (Financial Conduct Authority) approved investment funds. Announced on November 24th by The Investment Association, this initiative marks a substantial shift in the investment sector, aiming to enhance efficiency, transparency, and competitiveness. The decision to adopt tokenization, a process of digitizing assets through Distributed […]

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Bitfarms’ $44M Raise to Boost Bitcoin Mining

Bitfarms Ltd., a leading Canadian Bitcoin mining company, has taken a significant step towards expanding its operations. The company recently announced a private placement deal with U.S. institutional investors, aiming to raise approximately $44 million (or $60 million CAD). This strategic financial move, expected to close around November 28, involves issuing over 44 million common

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Coincall’s Fireworks: A Token Airdrop Game-Changer

Coincall is about to transform the market landscape with its innovative promotional campaign, “Coincall Fireworks.” This initiative, launching on November 20th, is designed not just to enhance market awareness and engagement but also to democratize access to crypto derivatives trading. Coincall proudly stands as the world’s first exchange to eliminate spreads in crypto options trading.

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DUST Token Surge: Unfounded GTA Rumors Stir Market

In a striking example of how rumors can fuel market movements, DUST, the native token of the NFT collection DeGods, experienced a notable rally from $0.62 to nearly $0.80. This surge was spurred by a peculiar and entirely unsubstantiated rumor suggesting the upcoming Grand Theft Auto (GTA) game would feature the cryptocurrency. Although the rumor

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KyberSwap Hacked: $48M Stolen, Attacker Teases Talks

The world of decentralized finance (DeFi) was rocked recently by a staggering theft at KyberSwap, a prominent decentralized exchange (DEX). In a heist nearly totaling $50 million, the platform has become the latest victim in a series of attacks plaguing the DeFi sector. This incident has raised alarms throughout the community, with the DEX advising

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Blast, New Ethereum Layer-2 Network, Quickly Becomes Third-Largest Staker Amid Controversy

Blast, the latest Ethereum layer-2 network, has made a significant splash in the cryptocurrency world by becoming the third-largest holder of staked ether, just three days after its launch. On-chain data from Etherscan reveals that since its inception on Nov. 20, Blast has accumulated over 140,000 staked Ethereum, worth approximately $286 million, through the liquid

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Socrates: New Web3 Social Media

Socrates is a groundbreaking Web3 social media and entertainment platform that has recently launched across multiple blockchains. Its arrival marks a significant shift in the way we interact, debate, and share knowledge online. Socrates has garnered substantial interest with thousands of sign-ups post its successful testing phase. Unlike traditional platforms, it offers a unique proposition:

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