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On May 13, Terra's UST algorithmic stablecoin slumped as low as 23 cents, and the LUNA token, created to prevent the UST algorithmic stablecoin from being volatile, fell 96% at one point. An algorithmic stablecoin is one that in theory maintains its peg using only software and rules, meaning it
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The NSA whistleblower and privacy advocate was one of six participants in the cryptocurrency’s fabled 2016 “trusted setup” ceremony, using a pseudonym. Source
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Those with even the slightest bit of insight may find it hard to believe anyone would genuinely think “Will Smith inu” was a buy-and-hodl asset, but the human experience is a rich and varied tapestry. Some people in that tapestry are more frayed around the edges than others – more
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The list includes Binance, Coinbase, FTX, OKEx, Kucoin and HitBTC. There are over 90 different exchange coins, according to CoinMarketCap, many belonging to the biggest names in the cryptocurrency industry. Determining which coins to invest in will come down to a question about the exchange and its benefits. HitBTC
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Recent weeks saw a massive surge of the so-called privacy coins’ prices — namely Monero (XMR), Dash (DASH), Zcash (ZEC) and Haven Protocol (XHV). As many other cryptocurrencies and the industry at large faced immense regulatory pressure amid the war in Ukraine, one narrative that began taking hold in the
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“The Market Report” with Cryptox is live right now. On this week’s show, Cryptox’s resident experts discuss the best top coins to buy in a bear market.But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What
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Crypto exchanges blocking known addresses might be spurring demand for privacy-oriented cryptocurrencies, one analyst said. Source
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“While Cronje’s departure from crypto and DeFi is undoubtedly a great loss, the developer has helped build the projects in a way that will allow them to function without him,” Dmitry Mishunin, founder of a DeFi analytics company HashEx, wrote in a Telegram message to CryptoX. Source
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Having already raised millions of dollars in major cryptocurrencies like bitcoin, Ukraine is now receiving donations in polkadot as well. The country intends to expand the list of accepted coins as it increasingly relies on help from the crypto community to fund its defense against Russia. Ukraine Posts DOT Address, Receives
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Ohio’s eighth district congressman Warren Davidson has introduced the “Keep Your Coins” bill in the House of Representatives to protect individuals’ self-custodied crypto wallets from U.S. government agency control.The introduction on Feb. 15 comes just a day after the Canadian government invoked the Emergencies Act, giving it the power to
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