Category: Crypto
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Revolutionizing Blockchain and Art: ICP.Hub Korea and The Moon Labs Collaborate
Merging Tradition with Cutting-Edge Technology ICP.Hub Korea has announced a groundbreaking collaboration with The Moon Labs, also known as LM Foundation. This partnership, unveiled at the ‘Gaudi World Congress Seoul 2023’, held at the Walkerhill Hotel in Seoul, signified the beginning of a series of innovative Web3 projects. At the core of this alliance lies […]
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Bitcoin NFTs Surge: $425.63 Million Sales and Challenging Ethereum’s Dominance
Bitcoin NFT Sales Outperform Competitors Over the past six weeks, BTC-based NFTs, specifically Ordinal inscriptions, have demonstrated impressive sales rates. According to data from cryptoslam.io, BTC achieved $425.63 million in NFT sales in the last week, surpassing the runner-up Solana, which recorded $104 million in seven days. Ethereum, traditionally a frontrunner in NFT sales, now […]
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Metis Token Skyrockets 36% Amid Ethereum Rally, Surges to $39
(CoinUnited.io) — In a noteworthy development, the Metis token, associated with MetisDAO and headed by Natalia Ameline, the mother of Ethereum founder, has seen a significant 36% surge in the past 24 hours, reaching a value of $39 per token. This surge coincides with the ongoing Ethereum rally, which has been driving up the value […]
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Ripple CEO Accuses SEC Chair of Hypocrisy in Cryptocurrency Regulation Debate
Garlinghouse’s Disapproval of Gensler’s Comments Expressing his disapproval on social media, Brad Garlinghouse criticized Chair Gary Gensler’s recent comments regarding compliance within the cryptocurrency industry. Garlinghouse questioned Gensler’s leadership and alleged that his actions have harmed consumers and undermined the SEC’s integrity. He also raised concerns about Gensler’s close ties to Wall Street, highlighting potential […]
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Hong Kong Embraces Crypto with Plans for Spot Crypto ETFs
Strict Requirements for Custody and Valuation In a move that sets Hong Kong apart from its neighboring Chinese mainland, the city is gearing up to pave the way for spot crypto exchange-traded funds (ETFs). The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority, in a joint circular, announced that they are ready […]
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Shiba Inu Burns 8 Billion SHIB in Latest Token Burn Frenzy
Another Monumental SHIB Token Burn The driving force behind this surge in burn rate is the Shiba Inu team’s latest token burn, in which they effectively destroyed over 8 billion SHIB tokens. The platform tracker reveals that approximately 8,533,564,693 SHIB, valued at $90,711, were burned in a single transaction at 00:30 UTC today. This recent […]
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Cryptocurrency Community on High Alert as SIM-Swap Attacks Target Prominent Figures
Notable Figures Fall Victim to Attacks Several prominent cryptocurrency influencers and projects have recently fallen victim to SIM-swap attacks. On December 22, the official X (formerly Twitter) account of Manifold Trading, as well as its co-founder Jae Chung, were compromised by a SIM-swap hacker. Despite the account being protected by an email address and password, […]
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US Appeals Court Finalizes Forfeiture of 69,370 Bitcoin in Silk Road Case
Final Chapter in Silk Road Saga Silk Road, a now-defunct dark web marketplace, became synonymous with BTC during its early days. The recent development reported confirms that efforts to hold accountable those involved with Silk Road have made significant progress. This latest confirmation follows the US Department of Justice’s initial seizure of these assets back […]
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Confidentiality Orders Shape Landmark SEC vs. Terraform Labs Trial
Significance of the Protective Order The agreement on the protective order, reached by the legal teams representing both the SEC and Terraform Labs, including its co-founder Do Kwon, highlights the complexity and high stakes of this case. Currently detained in Montenegro, Do Kwon has been at the center of the legal storm ever since the […]
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Argentina Embraces Bitcoin: A Landmark Shift in Economic Policy
A New Horizon of Economic Flexibility Minister Mondino highlights that the “Bases for the Reconstruction of the Argentine Economy” decree, passed on December 20, expands the range of acceptable currencies for contractual obligations, encompassing even those that are not officially recognized as legal tender in Argentina. Under Article 1196 of the decree, contracting parties have […]