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Lawmakers in the upper house of the Parliament of the United Kingdom are moving forward with legislation that could help support the adoption of crypto in the country.In a meeting of the U.K. Parliament’s House of Lords on June 19, many members advocated for the passage of the Financial Services
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied After the frenzy surrounding meme coins in the cryptocurrency market temporarily subsided, a continuous influx of pepe coin (PEPE) imitations remains ongoing. Some individuals argue that the persistent wave of pepe coin (PEPE) imitations resembles a speculative
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Chicago-based crypto trading firm, Cumberland, is moving millions worth of Polygon’s native cryptocurrency, MATIC, to Binance and Coinbase. As of June 10, the trading firm had moved $9.8 million MATIC to the two leading cryptocurrency exchanges. Cumberland
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The move is a “culmination of over two years of effort,” according to Strike CEO and cofounder Jack Mallers. Source
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Aave Companies proposed two key features for the decentralized stablecoin in a governance post on Tuesday. Original Source
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Stablecoin issuer Tether has announced it will be launching Bitcoin mining operations in Uruguay.In a May 30 announcement, Tether said it planned to start a mining arm in the South American nation “in collaboration with a local licensed company” in addition to investing in Uruguay’s energy production. The stablecoin issuer
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On May 29, decentralized exchange (DEX) PancakeSwap announced that it had launched a new tower-defense GameFi game in conjunction with BNB GameFi protocol Mobox. Dubbed "Pancake Protectors," the game allows players to utilize the DEX's native CAKE tokens to earn in-game rewards.Utilities for CAKE tokens within Pancake Protectors include accelerating
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Decentralized finance (DeFi) platform Wintermute has transferred its Optimism (OP) tokens to a Binance exchange wallet ahead of the upcoming unlock that’s scheduled to release $587 million worth of tokens into the market. On May 31, 386 million OP tokens will be unlocked for early contributors and investors. The amount of
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Level Finance, a BNB Smart Chain-based decentralized finance (DeFi) platform, was hacked on May 2. According to on-chain data, the hacker stole over $1m worth of BNB and is now moving the funds. According to a tweet
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto security firm CertiK has warned that a known wallet drainer has moved funds into sanctioned crypto tumbler Tornado Cash. In a May 27 alert, CertiK stated that two externally owned addresses (EOAs), 0x546 and 0x108, deposited
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