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Kraken, the seventh-largest crypto exchange, said its layer-2 rollup network, built on top of the Ethereum blockchain, has gone live.The network, called Ink, is based on the OP stack, a customizable framework that lets developers build their own rollups using Optimism’s technology. The team had originally planned for Ink to
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Following the U.S. presidential election, crypto’s headwinds have seemingly dissipated. Since early November bitcoin has reached $100K amid regulatory wins such as the nomination of crypto-friendly Paul Atkins to replace Gary Gensler as SEC chair, the naming of crypto advocate David Sacks as the incoming White House “AI and Crypto
Read MoreDonald Trump's victory in the November presidential election is already ushering in a new era for crypto in the U.S., JPMorgan (JPM) said in a report Wednesday, noting that the total cryptocurrency market cap has jumped about 65% since his reelection."Not only does this new administration bring a sense of
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Earlier this year, some users of wrapped bitcoin wBTC were dismayed to find its issuer BitGo was sharing custody of their bitcoin (BTC) with BiT Global, a Hong Kong-based crypto custodian partly owned by TRON founder Justin Sun.The episode "reopened old wounds inflicted by previous centralized custody failure," even though
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Plume, a blockchain network focused on real-world assets, raked in $20 million in fresh funds in a Series A fundraising round, the platform told CoinDesk on Wednesday.Investors participating in the round included Brevan Howard Digital, Haun Ventures, Galaxy Ventures, Lightspeed Faction, Superscrypt, Hashkey, Nomura's crypto arm Laser Digital, A Capital,
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Swiss cryptocurrency custody specialist Taurus is collaborating with Temenos, a firm that provides core banking software to many of the world’s largest financial institutions, allowing those banks to quickly and easily create crypto wallets and transfer a wide range of digital assets.This collaboration is important as the Geneva-headquartered Temenos is
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An intellectual property (IP) ownership could soon end up in a fight of digital dogs.Own The Doge DAO, a collective that holds the original ‘doge’ meme, on Tuesday said it had acquired the rights to use pet shiba inu Neiro’s images and was holding a community discussion on which NEIRO
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The non-fungible token (NFT) market is showing signs of recovery, Galaxy Research said in a report Monday.NFTs are digital assets on a blockchain that represent ownership of virtual or physical items and can be sold or traded.NFT volumes had been declining for most of the year, but began to reverse
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Bitcoin (BTC) is taking a breather, experiencing selling pressure after Tuesday's indecisive price action marked by a Doji candle. This seems to be a classic case of traders de-risking in anticipation of an expected hawkish Fed rate cut later Wednesday.The leading cryptocurrency by market value traded around $103,750, marking a
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While bitcoin (BTC) continues to reach new lifetime highs, the latest options market trend indicates that traders aren't chasing the uptrend with the same zeal as before.On Monday, BTC's price rose above $107,000, surpassing the previous peak on Dec. 5 and taking the cumulative post-U.S.-election gain to over 50%, CoinDesk
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