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Congressional inaction is likely to cause de-dollarization as the country’s foes — and friends — move even faster to get off the U.S. dollar. Americans deserve to know what’s at risk so we can vote accordingly, and get the economy we deserve. Source
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Lawyers for 12 developers told the UK High Court that the company, Tulip Trading, never owned the 111,000 bitcoin it is trying to claim. The company, the developers allege, has “fabricated” documents to prove ownership of the tokens and fraudulently gain control over the funds. The Bitcoin Legal Defense Fund,
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Stablecoins are at the heart of a dollar-based revolution and could be a pivotal factor in keeping the U.S. dollar the dominant global currency, according to an Aug. 9 opinion piece published in The Wall Street Journal. The authors, Brian Brooks and Charles Calomiris, urged Congress to implement a “sound and stable
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“Given the track record and the lack of contacts with other players (even 3AC actively interacted with BlockFi, Genesis, etc.), then we can point the finger toward someone from Alameda,” he tweeted, “And let's try to answer probably the most critical question, SBF or Sam Trabucco?” Original Source
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The launch of memecoin Pond0x (PNDX) has led to millions of dollars in losses for investors, according to multiple reports on social media on July 28. Data from the Maestrobots trading app shows that the token reached a price of $0.36 before collapsing to near zero in a span of
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While private or mnemonic keys offer many advantages for security, they also present practical challenges, according to Mudit Gupta, the chief information security officer of layer-2 scaling solution Polygon.Speaking at the Ethereum Community Conference (EthCC) event on July 17, Gupta discussed the differences between theoretical security and practical security in the
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A Salvadoran teenager shares his journey of completing El Salvador's Bitcoin diploma program, Mi Primer Bitcoin, meaning My First Bitcoin. Now, he has returned to his former high school to educate the teachers about Bitcoin (BTC).In a series of tweets on July 8, 18-year-old Gerardo Moran revealed that El Salvador’s
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Tokens like pepe 2.0, floki 2.0, and bobo 2.0 – which were mostly issued in the past week and are passing themselves off as new versions of the popular pepe, floki and bobo tokens – have seen trading volumes jump to millions of dollars, attracted hundreds of thousands of dollars
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Attendees at Consensus 2023 argue that the crypto industry should embrace ESG and not hide from it in an excerpt from CryptoX’s first-ever Consensus @ Consensus Report. Source
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At the time of its bankruptcy last November, FTX may have owned as much as $500 million worth of stock in Anthropic, the creator of ChatGPT rival chatbot Claude, which was valued at $4.6 billion, having raised $750 million in recent months, according to the report. Source
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