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  Posted by u/ one year ago

Ether Options Market Shows Bias for Price Weakness Over Next 6 Months

Ether's price appears overvalued compared to Ethereum's dwindling revenues, one analyst said.

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  Posted by u/ one year ago

An F1 Team Might Take a Bored Ape Across the U.S. Grand Prix Finish Line

As a part of an ongoing partnership with the Williams Racing team, crypto exchange Kraken will allow fans to submit and vote for NFTs that will be displayed on cars during the U.S. Grand Prix in October.

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  Posted by u/ one year ago

Ripple Ruling Rebuke Complicates Coinbase?s Defense Against the SEC: Berenberg

U.S. District Judge Rakoff rejected a previous judge?s distinction between institutional sales and sales to retail investors on crypto exchanges, the report noted.

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  Posted by u/ one year ago

DeFi Platform Term Finance Brings Fixed Rate Lending to Ethereum

Short term, fixed rate loans can now work in harmony with Aave and Compound's "ultimate liquidity" model.

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  Posted by u/ one year ago

Spooked by Curve Liquidation Threat, DeFi Protocols Shore Up Defenses

They're responding to the potential systemic risk posed by Michael Egorov's teetering financial position.

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  Posted by u/ one year ago

Bitcoin Won?t Back U.S. Dollar, Presidential Hopeful Vivek Ramaswamy Says

The Republican candidate?s comments stand in contrast to Democratic candidate Robert F. Kennedy, who supports using bitcoin to stabilize the dollar.

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  Posted by u/ one year ago

Sarah Breeden, CBDC Working Group Member, Appointed Bank of England Deputy Governor

The U.K. closed a consultation on a digital pound in June, something the bank thinks is likely needed.

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  Posted by u/ one year ago

How DeFi Protocols Are Building More Granular and Extensible Capabilities

The trend towards "micro-primitives" creates protocols that are more extensible, programmable and composable. But it also creates greater vulnerability at a time when protocols are under increasingly hack-attack.

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  Posted by u/ one year ago

Longtime Environmentalist RFK Jr. Not So Sure Bitcoin Is Boiling the Oceans

The environmental argument "should not be used as smokescreen to curtail freedom to transact," U.S. Democratic presidential candidate Robert F. Kennedy Jr wrote on Twitter.

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  Posted by u/ one year ago

DeFi Died and We Didn?t Even Notice

The behavior of Curve founder Michael Egorov is warning to all, and proof that DeFi isn?t really that different from traditional finance.

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  Posted by u/ one year ago

Don?t Pop the Champagne on U.S. Crypto Bills ? Progress in Congress Has Been Costly

The crypto industry has never made it this far in its quest for a new system of U.S. oversight for digital assets, but the recent flurry of legislative progress may still be too contentious for it to become law.

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  Posted by u/ one year ago

How AI, Web3 and Humans Can Work Together to Solve Complex, Global Problems

Fear abounds about AI, but the technology combined with blockchain can serve as an excellent complement to human ingenuity.

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  Posted by u/ one year ago

Bitcoin Has Been More Stable Than Gold and Stocks; Violent Price Action Could Ensue

Prior uneventful periods preceded major eruptions in volatility for BTC?s price, crypto analytics firm K33 Research noted.

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  Posted by u/ one year ago

The Ordinals Team is Creating a Non-Profit to Support Bitcoin NFT Developers

The team behind the Ordinals protocol, led by Casey Rodarmor, has created the Open Ordinals Institute to grow its ecosystem without compromising neutrality.

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  Posted by u/ one year ago

GameStop to Remove Crypto Wallets Citing 'Regulatory Uncertainty'

Leading game retailer GameStop will suspend its crypto wallets due to regulatory uncertainty in the United States, just one year after launching, the company announced Tuesday.

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  Posted by u/ one year ago

Why MiCA Is Overly Burdensome Regulation for Ukraine's Crypto Industry

As a European Union's candidate member, Ukraine is set to adopt the EU's landmark Markets in Crypto Assets Regulation (MiCA). But the law's requirements may become too strict for the country?s blockchain future, says Ukraine's deputy minister of digital transformation.

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  Posted by u/ one year ago

MicroStrategy Takes $24M Q2 Charge on Multibillion-Dollar Bitcoin Haul

The software firm reported its second-quarter earnings after the close on Tuesday.

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  Posted by u/ one year ago

MakerDAO?s MKR, Ripple?s XRP and Stellar?s XLM Led Crypto Gainers in July

Cryptocurrency giants, bitcoin and ether, meanwhile, lost ground during the month.

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  Posted by u/ one year ago

Litecoin ?Halving,? Set for Wednesday, Should Harden Supply of ?Digital Silver?

The once-ever-four-years "halving" on the Litecoin blockchain, set for Wednesday, means that the pace of new issuance of units of the LTC cryptocurrency will be cut in half. The dynamic is similar to the "hard money" mechanics that crypto analysts say helps to boost bitcoin's price.

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  Posted by u/ one year ago

This Art Exhibit Is Bringing New Life to Allen Ginsberg?s Poetry Using AI

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  Posted by u/ one year ago

Bitcoin Reverts to $29.6K as Dollar Index, Treasury Yields Shrug Off U.S. Rating Downgrade

CRV was up more than 5% after Tron blockchain founder Justin Sun purchased more than $2 million of the token. ETH, SOL remained in slightly negative territory despite climbing in recent hours.

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  Posted by u/ one year ago

Bitcoin Whale Michael Saylor Might Buy a Lot More BTC

BTC's price rose following the announcement.

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  Posted by u/ one year ago

Binance Nearly Shuttered U.S. Exchange to Protect Global Operations: The Information

As investigations loomed, the board of directors of Binance.US voted on whether to liquidate the company but could not come to a unanimous decision, The Information reported.

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  Posted by u/ one year ago

U.S. DOJ Has 'Extremely Thin' Basis for Jailing FTX's Bankman-Fried Ahead of Trial: Defense

Attorneys for Sam Bankman-Fried pushed back against the U.S. Department of Justice's motion to remand the FTX founder in a court filing Tuesday.

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  Posted by u/ one year ago

First Mover Asia: Asia Stocks Open Soft, Bitcoin Jumps Past $30K on MicroStrategy Filing and Despite Fitch Treasury Downgrade

PLUS: Bitcoin dominance sagged in July, absent a compelling BTC catalyst, and as altcoins seemed to benefit from a partial Ripple court victory.

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  Posted by u/ one year ago

MicroStrategy Sells $750 Million In Stock To Increase Investments In Bitcoin

MicroStrategy plans to raise $750 million by selling more shares and using the proceeds to buy Bitcoin and working capital.

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  Posted by u/ one year ago

GameStop Takes A Step Back From Crypto Due To Regulatory Hurdles Drive Wallet Withdrawal

GameStop will remove its support for crypto wallets due to regulatory uncertainty in the United States only one year after launching the service.

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  Posted by u/ one year ago

US Committee Probes BlackRock?s Investment In Chinese Companies With $429 Million

The US House of Representatives Select Committee on the Chinese Communist Party (CCP) has launched an investigation into BlackRock and MSCI

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  Posted by u/ one year ago

Curve Finance Hack Suspect Initially Identified

The address of Twitter user Michael Razoumovitch (@MichaelRazum) was identified as having an on-chain link to the recent Curve Finance mining.

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  Posted by u/ one year ago

6 Institutional Investors Bet On Ethereum Futures ETFs Amid Bitcoin Spot ETF Hype

Institutional investors shift focus from Bitcoin Spot ETFs to Ethereum Futures ETFs as the SEC reviews applications for both.

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  Posted by u/ one year ago

Developer LeetSwap Recovered About 220 ETH Hacked

Key Points: As shared by DEX developer LeetSwap of layer 2 platform BASE, 200 ETH was recovered in yesterday’s hack, but transactions have not yet been reopened. In response to yesterday’s attack, Gilgame?, the largest LeetSwap DEX developer on the Base chain, tweeted that he is withdrawing more funds trapped in the DEX liquidity pool, […]

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  Posted by u/ one year ago

Balancer Now Officially Deployed On Avalanche To Expand LST Liquidity

Balancer's foray into Avalanche aims to drive the growth of liquid staking on the network while offering users a more versatile DeFi tech stack.

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  Posted by u/ one year ago

3AC Co-Founder Kyle Davies Has Abandoned US Citizenship, No Need To Answer US Courts

Kyle Davies, co-founder of Three Arrows Capital, said he has given up his US citizenship, so there is no need to respond to a request from a US Court.

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  Posted by u/ one year ago

Bankman-Fried Fights Against Jail Threat And Bond Revocation

Sam Bankman-Fried fights jail threat and bond revocation, citing free speech rights.

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  Posted by u/ one year ago

FTX Creditors Frustrated With Exchange?s Exit Plan To Get Out Of Bankruptcy

FTX creditors said they were "deeply disappointed" by the exchange?s draft bankruptcy exit plan and claimed the plan was ignored by FTX?s restructuring team.

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  Posted by u/ one year ago

Judge Rejects Terraform?s Attempt to Capitalize on Ripple Precedent: Report

Judge Rakoff disagreed with both Judge Torres? interpretation of securities law and Terraform Labs? attempt to capitalize on it.\r\n

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  Posted by u/ one year ago

FTX Reboot Proposal Presented as Part of Reorganization Efforts, FTT Jumped 10% Overnight

The re-booted exchange would only cater to the offshore customers and not US investors.

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  Posted by u/ one year ago

Base Blockchain Attracts $68 Million in Ether Ahead of Official Launch

Coinbase-backed layer-2 blockchainÂ\xa0BaseÂ\xa0has attracted millions inÂ\xa0Ethereum (ETH)Â\xa0ahead of its official launch.

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  Posted by u/ one year ago

Today in Crypto: FTX Proposes Possible Restart of FTX.com for 'Dotcom Customers', US IRS Says Income From Staking Crypto Must be Reported, Justin Sun Announces Tron-Curve Partnership and Buys $3M Worth of CRV for $2M

Get your daily, bite-sized digest of cryptoasset and blockchain-related news.

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  Posted by u/ one year ago

The ?Bald? Truth or Conspiracy: Memecoin?s Suspected Links to Alameda and Sam Bankman-Fried

All the fingers point to a former Alameda exec.

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  Posted by u/ one year ago

Terraform Labs Lawsuit: Judge Rejects Motion to Dismiss SEC Case

A US Judge has deniedÂ\xa0Terraform Labs' motion to dismiss a securities fraud lawsuit filed against it by theÂ\xa0Securities and Exchange Commission (SEC).

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  Posted by u/ one year ago

CZ Sheds Light on Binance?s Plans About Launching its Own Stablecoin

Zhao said that there is another partnership between Binance and a stablecoin issuer on the horizon.

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  Posted by u/ one year ago

FTX Didn?t Speak Up About Exchange Reboot Plans, Say Creditors

Creditors say FTX?s proposed restructuring plans are mere ?ideas,? and were not formally negotiated.\xa0

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  Posted by u/ one year ago

2 more Trump indictments loom. Here are all the names to know.

2 more Trump indictments loom. Here are all the names to know.

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  Posted by u/ one year ago

Trump's indictments are having diminishing returns for his political fundraising

Trump's indictments are having diminishing returns for his political fundraising

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  Posted by u/ one year ago

Child tax credit 2023: How new Dem, GOP proposals would work

Democrats are pushing for a complete return of the expanded child tax credit from President Joe Biden?s COVID-19 stimulus bill.

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  Posted by u/ one year ago

Who Put These Stocks in the Index?

Who Put These Stocks in the Index?

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  Posted by u/ one year ago

Biden pick for Space Command home intensifies Tuberville abortion feud

The White House rejected Sen. Tommy Tuberville's accusations that politics drove Biden's pick of Colorado, not Alabama, for Space Command's home.

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  Posted by u/ one year ago

Trump allies charged in connection with conspiracy to breach voting machines

Former state Rep. Daire Rendon allegedly participated in a scheme to access voting machines in the wake of the 2020 election.

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  Posted by u/ one year ago

'Unprecedented assault' on democracy: Trump indicted in Jan. 6 case

Donald Trump was indicted federally and charged with election fraud, potentially the most serious criminal charges he faces in three cases.

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