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Conflux Network, the first regulatory compliant public blockchain in China and global communications network, China Telecom, today unveiled its jointly developed Blockchain SIM (BSIM) card at
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A buzz has been generated around a new layer one (L1) proof-of-stake blockchain initiative named Sui, following the network’s mainnet debut on May 3, 2023. The native token SUI has been listed on various cryptocurrency exchanges, drawing attention to the project. On the same day the network launched, SUI peaked
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The price of Sui (SUI) has dropped sharply after its market debut across leading cryptocurrency exchanges.On May 5, the SUI price was $1.26 per token, down about 70% from its record high of around $4, established two days ago on Binance. Interestingly, on other exchanges like Kraken, the token’s market
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Sui Network tokens jumped to $2 apiece minutes after trading began at 12 noon UTC on Wednesday, data shows. The market capitalization of the tokens reached nearly $690 million at writing time, with their fully diluted valuation (FDV) at a staggering $13 billion. Source
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On April 17, the price of Solana (SOL) crept lower in the wake of similar price moves across the top-ranking cryptocurrencies, including Bitcoin (BTC) and Ether (ETH).SOL's price dropped over 4% under $24.50 despite rising to $26 — a two-month high — earlier in the day. In comparison, BTC's and ETH's
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Bitdeer's, along with other bitcoin miners, financial performance deteriorated in 2022, in part due to worsening market conditions. The firm reported revenues of $330.3 million, and a loss of $62.4 million for 2022, compared with $394.7 million in revenue and a profit of $82.6 million the year before, according to
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A Bitcoin futures index in Argentina is a huge relief as the country is currently struggling with high inflation. CNV, The securities regulator in Argentina, has approved a Bitcoin futures index on a local exchange. Following the approval, the Bitcoin futures index will launch in Argentina in May on Matba Rofex.
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The Formula 1 car for the Williams Racing team will feature an excerpt from the Bitcoin white paper, as a result of a sponsorship deal with United States-based crypto exchange Kraken.In a March 31 tweet, Kraken showed its logo shaped like the legendary sea monster contained text from the opening
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The stock market exchange operator's senior vice president and head of digital assets Ira Auerbach said that the firm is working on getting the necessary infrastructure and regulatory approval in place. Nasdaq applied to the New York Department of Financial Services (NYDFS) for a limited-purpose trust company charter which would
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