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Hedera, THORChain, and InQubeta demand spikes despite shaky market conditions

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The crypto scene is inherently volatile. Albeit the general shaky conditions, a few projects continue to shine, drawing investors’ attention and enthusiasm globally.  Hedera (HBAR), THORChain (RUNE), and, notably, InQubeta’s QUBE are popular as more investors explore their core

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Crypto exchange Txbit shuts down due to market conditions

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Txbit, a cryptocurrency platform, has announced its closure on September 14, 2023, due to increasing regulatory challenges and market pressures. In an announcement on Monday, Aug. 14, a Netherlands-based cryptocurrency exchange Txbit revealed it is ceasing operations by

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Marathon Digital attributes 21% decline in Bitcoin mined to adverse weather conditions

Bitcoin mining company Marathon Digital has linked its recent slump in the total amount of Bitcoin's (BTC) mined in June to the weather conditions in Texas and a drop in transaction fees.According to a July 5 statement, Marathon Digital experienced a “21%" decline in June for the total amount of

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Solana’s Cardinal shuts down citing economic conditions

Solana's Cardinal protocol is winding down operations due to economic conditions, nearly a year after raising $4.4 million to improve nonfungible tokens (NFT) utility. According to an announcement on Twitter, withdrawals should be made by August 26. Cardinal Labs was an infrastructure provider dedicated to supporting NFT use cases on the

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