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Ether rose as much as 10% in the past 24 hours and is up nearly 30% since last Monday. The asset traded at just over $1,500 in early European hours today – setting a one-month high – after breaking out of the $1,000 to $1,200 price range, price charts show. Source
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Contango says its offering will be the first of its kind on a decentralized exchange, or DEX. The firm said Thursday in a statement that it raised $4 million in a seed round in December, at a $45 million valuation, from an investment group led by ParaFi and including Coinbase
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On Tuesday, the Canada-based investment firm Cypherpunk Holdings Inc. announced that the company has sold all of its bitcoin and ethereum due to the “risk of further significant drawdowns.” The company has transitioned its treasury to cash after selling 214.72 bitcoin and 205.82 ethereum as Cypherpunk Holdings continues “to see
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While bitcoin’s price dropped below the $20K region, the network’s hashrate slipped under the 200 exahash per second (EH/s) region to 167 EH/s on June 18. At the time of writing, the hashrate is coasting along at 184 EH/s after a slight rebound following the drop. With the price per
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The 2022 version of crypto winter has been unlike anything we’ve seen before. As I warned last month, the meltdown of the Terra ecosystem didn’t end with Luna Classic (LUNC) hitting zero. The biggest threat was contagion. As the dust began to settle, we finally got a glimpse of who
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The crypto market is retesting critical support areas as the U.S. Consumer Price Index (CPI) print surpasses expectations. The metric is used to measure inflation in the U.S. dollar, and it recorded an 8.6% increase year-over-year (YoY), the highest since 1981. Related Reading | TA: Bitcoin Bears Keep Pushing, Why BTC Could
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“The primary challenge the Terra community has against a new fork as proposed by Do Kwon is trust,” shared Dmitry Mishunin, founder of DeFi security firm HashEx, in a Telegram chat. "Should the team choose to proceed with the new fork, there will be a need to increase trust.” Original Source
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Dubbed “Crypto Mom” by many in the industry for her crypto-savvy, Peirce has been a longtime opponent Gensler’s enforcement-heavy approach to regulation. Gensler has been reluctant to share specifics on how crypto companies can comply with regulations, instead choosing to regulate through enforcement actions. Original Source
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Major crypto exchange Binance challenged the accuracy of a report, which stated one of its regional heads agreed to supply Russia's financial intelligence unit with customer data potentially related to donations for anti-corruption and anti-Putin activist Alexei Navalny.Reuters reported on Friday that Binance's head of Eastern Europe and Russia Gleb
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On March 9, United States President Joe Biden issued a quite comprehensive executive order that directs no less than two dozen cabinet members, departments and agencies in the government to study the benefits and detriments of blockchain technology for various aspects of the American economy. There has been a considerable
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