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OMG, the native token of the OMG Network, climbed to a six-month high after Ethereum creator Vitalik Buterin published a blog post on how Plasma, the technology behind the OMG Network, has the potential to reduce transaction fees and improve security. Source
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According to the recent complaint by the U.S. Securities and Exchange Commission (SEC) against Bittrex, the securities regulator insists that a few crypto asset tokens were offered and sold as investment contracts and are securities. The news follows the SEC’s designation of several crypto assets as securities, including the case
Read MoreOMG is the native cryptocurrency of the OMG Network (OMG), a blockchain network built on top of the Ethereum blockchain that speeds up transaction times and reduces transaction fees by handling Ethereum transactions off of Ethereum’s main network. The open-source project ensures a scalable and secure system for decentralized applications
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