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Bitcoin was hovering close to a key price floor near $27,300 on Wednesday, as markets anticipated the upcoming U.S. inflation report. Consumer prices for last month are expected to remain at 5%, which could be seen as justifying the Federal Reserve’s decision to hike rates last week. Ethereum remained above
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press release PRESS RELEASE. AX1 company recently conducted research on the Trust Wallet, a popular cryptocurrency wallet that has gained a significant following in recent years. The research aimed to understand the level of security and trustworthiness of the wallet, and to identify any potential vulnerabilities or weaknesses that could
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The Bitcoin price successfully defended the $28,000 support on May 2, but it has yet to prove the strength needed to reclaim the $29,200 level from April 30. $30K becomes crucial for Bitcoin bullsSome analysts will pin the recent downtrend on the expectation of an interest rate increase by the
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Bitcoin started the week trading in the red, as markets prepared for an important week of U.S. economic events. On Wednesday, the Federal Reserve is expected to increase rates by 25 basis points, with nonfarm payrolls for April being released this coming Friday. Ethereum was also lower in today’s session. Bitcoin Bitcoin
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In stark contrast to the last two years, 2023 has the opportunity to lay a new foundation for the evolution of blockchain. That’s because this year will be defined by the application layer of the blockchain that will open a whole host of new scaling solutions. At this layer, the
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The Federal Deposit Insurance Corporation (FDIC) published a 63-page report outlining issues Signature faced, attributing its failure to “poor management,” saying the bank heavily relied on uninsured deposits, did not have strong liquidity risk management practices and maintained poor risk management in general. These factors were exacerbated by a bank
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In the mid-2010s, the Islamic State was rapidly advancing through Iraq and Syria, conquering territory and terrifying residents. However, one group of Kurds in Northern Syria representing the de facto autonomous Democratic Federation of Northern Syria, in an area known as Rojava, successfully fought back the Islamic State and captured
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied CertiK has attributed the over $1.82 million loss suffered by zkSync-based decentralized exchange, MerlinDEX, to a private key management issue rather than an exploit by bad actors. CertiK conducted an audit on MerlinDEX’s smart contracts before
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Over a week after implementing the Shanghai upgrade, Ethereum developers have set their eyes on the subsequent code changes affecting both the network’s execution layer (EL) and consensus layer (CL). Ethereum is undergoing a series of upgrades
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Dogecoin (DOGE) suffered a big blow on April 20, popularly known as “Dogeday,” thanks to the failed test launch of SpaceX’s Starship rocket and a downturn in the broader crypto market. The SpaceX rocket, which featured the Dogecoin mascot on its side, disintegrated four minutes after its launch. Still, the company’s
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