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Summary: Bitcoin’s drop to a local low of $22,600 has rekindled discussions surrounding MicroStrategy’s possible margin call on its $205 million loan if Bitcoin drops below $21k. However, MicroStrategy’s CFO had in early May clarified that the company was ready to post more Bitcoin collateral for the loan. Michael Saylor had also pointed
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Most residents near the Blockfusion site told CryptoX they had heard the explosion but weren't too alarmed at the time, and said the resulting fire was put out quickly. Teresa Chapelle, who lives about one-third of a mile away, said she not only heard, but also felt, the explosion inside
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After a smart contract exploit, locked CVX tokens flooded the market, dragging down prices. Source
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The CEO of popular American cryptocurrency exchange Coinbase has announced that they will not block Russian crypto accounts unless the US government issues an order to
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This year, for the first time, Super Bowl viewers were shown ads from a number of crypto companies. Along with Coinbase, crypto exchanges FTX and Crypto.com and eToro all appeared during commercial breaks. FTX's ad featured comedian Larry David while Crypto.com's starred National Basketball Association legend LeBron James. Source
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