#Crypto

Bridging the Bay: Web3 Financing Platform Proposed in China

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A Web3 financing platform proposal has emerged from China’s critical political meetings, the “Two Sessions,” currently underway in Beijing. Johnny Ng, a Hong Kong delegate to the top political advisory body, the CPPCC National Committee, submitted the suggestion this week. The proposed platform would bridge the southeastern Greater Bay Area, connecting the financial hubs of […]

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Wormhole Airdrop Hints at Multi-Billion Dollar Windfall for Crypto Users

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The crypto community is abuzz with excitement surrounding Wormhole, a popular cross-chain bridge protocol, and its potential multi-billion dollar airdrop of the upcoming ‘W’ token. Pre-market trading data hints at a skyrocketing price for the token, fueling speculation about a massive giveaway for users. Wormhole tokens were spotted trading for a staggering 2.49 USDT in

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UK Cracks Down on Crypto Crime with New Seizure Powers

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The United Kingdom is taking a bite out of crypto crime with a legislative update that grants law enforcement more teeth. An amendment to the Economic Crime and Corporate Transparency Act empowers them to seize crypto assets suspected of fueling criminal activity, even in the absence of a conviction. This marks a significant shift in

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‘Blast’ Blasts Open: $2.3 Billion Unlocked as Ethereum Scaler Goes Live

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Blast, the Ethereum layer-2 scaling network from the founder of Blur, a leading NFT marketplace, finally launched its mainnet on Thursday. This long-awaited event unlocked billions of dollars in crypto funds that users had previously deposited on the network in anticipation of staking rewards and an upcoming token airdrop. Just before the launch, Blast’s website

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Binance in Nigerian Crosshairs: Fined or Misunderstood?

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A cloud of uncertainty hangs over Binance’s operations in Nigeria, a crucial market for crypto in Africa. Recent events paint a picture of a strained association between the crypto exchange giant and Nigerian authorities, marked by accusations, potential fines, and even the detention of executives. On Friday, confusion erupted when a government official, speaking through

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Trump’s Ethereum Meme Coin Holdings Hit $4 Million—Will He Dump?

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Former US President Donald Trump’s crypto portfolio is making headlines. The controversial figure now holds nearly $4 million worth of MAGA meme coins, and the crypto community is buzzing with speculation.   In a recent report by blockchain analytics firm Arkham Intelligence, the Ethereum wallet linked to Trump currently boasts a staggering $6.4 million in various

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SEC Questions Terraform Labs’ ‘Suspicious’ $166 Million Lawyer Payment

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The U.S. Securities and Exchange Commission (SEC) has ignited a new firestorm in the ongoing saga of Terraform Labs and the collapse of its stablecoin, TerraUSD (UST). In a court filing, the SEC challenged the firm’s decision to retain Dentons U.S. LLC as its legal counsel, citing “suspicious” payments totalling $166 million raised for the

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Balancing Act: Senator Warren’s Call for Crypto Regulation Mirroring TradFi

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Senator Elizabeth Warren has recently reiterated her stance on crypto regulation, emphasizing the need for the industry to adhere to the same standards as traditional finance. In an interview earlier this week, the Senator from Massachusetts expressed her willingness to collaborate with the crypto industry while underscoring the importance of maintaining regulatory integrity. Warren’s position

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  • bitcoinBitcoin (BTC) $ 113,403.00 0.12%
  • ethereumEthereum (ETH) $ 4,275.87 2.51%
  • xrpXRP (XRP) $ 2.91 0.48%
  • tetherTether (USDT) $ 1.00 0%
  • bnbBNB (BNB) $ 845.35 1.53%
  • solanaSolana (SOL) $ 182.98 2.54%
  • usd-coinUSDC (USDC) $ 0.999807 0%
  • staked-etherLido Staked Ether (STETH) $ 4,263.11 2.5%
  • tronTRON (TRX) $ 0.349909 0.1%
  • dogecoinDogecoin (DOGE) $ 0.216231 1.05%
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