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TON raises 8-figure sum from MEXC to make Telegram a Web3 super-app

The Open Network (TON), a decentralized blockchain platform originally designed by Telegram, has secured major funding from the venture arm of the cryptocurrency exchange MEXC.TON has raised an eight-figure investment from MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange MEXC, the firm announced on Oct. 4. In conjunction with

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Core DAO partners with Bitget and MEXC to launch $200M ecosystem fund

Core DAO, an organization committed to the development of the Satoshi Plus ecosystem, has introduced a $200 million Ecosystem Fund aimed at speeding up the development of decentralized applications and protocols built on the Core layer-1 blockchain. According to two press releases seen by Cointelegraph, one from CoreDAO and one from

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Amid US banking crisis, GPT and NVIR top MEXC search results

The world of blockchain and cryptocurrency is constantly evolving. As a rapidly changing market, investors should keep up with the latest trends. Recently, interest in alternative investments triggered by the global banking crisis, such as Silvergate and Silicon Valley Bank (SVB), has been focused on the cryptocurrency market. Interestingly, according to

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MEXC Global publishes proof of reserves after month long testing

On Feb. 22, cryptocurrency exchange MEXC Global released its proof-of-reserves (PoR) snapshot after 45 days of testing. In a document seen by Cointelegraph, MEXC claimed its reserve ratios for Tether (USDT), USD Coin (USDC), Bitcoin (BTC), and Ethereum (ETH) were 120.70%, 240.18%, 116.50%, and 110.53%, respectively via the Merke Tree

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Bitcoin Soars Over $25K, MEXC (MX) Rockets To All-Time High in 2023 – Press release Bitcoin News

press release PRESS RELEASE. With Bitcoin surging to reach a new 2023 high, MX has been the top performer in exchange tokens, with a 7-day growth of 32%. Bitcoin’s price rising over $25,000 has sparked a frenzy of activity in the cryptocurrency market. With investors flocking to take advantage of the

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MEXC launches $20M ecosystem fund to support Sei Network

According to a blog post published on Jan. 4, Singapore-based cryptocurrency exchange MEXC announced that it would allocate $20 million to support developments on Sei Network. A layer one blockchain designed for trading, Sei Network's stated features include native order matching, frontrunning protection, smart block propagation, and 600 milisecond on-chain

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