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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied PolyNetwork is still trying to recover from the attack on July 2, where hackers stole about $5.5 million, even though the notional value of the episode is reportedly $34 billion. The Poly developers have halted all
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A renewed call from the Financial Action Task Force (FATF) has asked countries to implement the “travel rule” to combat money laundering and terrorism financing activities enabled by cryptocurrencies.On June 23, the United Nations body — whose role is to promote strategies to combat money laundering and terrorist financing —
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The TUSD stablecoins issuer confirmed to the users that it had no exposure to Prime Trust and that all funds are safe. After the acquisition failure of Prime Trust, a fintech and digital assets infrastructure provider, by BitGo earlier this month, the troubles facing the Nevada-based firm resulted in the closure
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An AWS outage shut down several apps and disrupted services, but did not disturb Ethereum despite hosting more than 64% of nodes. Although Amazon Web Services (AWS) had a minor outage on Tuesday, where it was temporarily unavailable, Ethereum remained unaffected. The temporary downtime did not affect Ethereum’s network nodes, which
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ALSO: Valkyrie's chief investment officer expects the U.S. central bank to suspend its nearly year-long diet of interest rate increases. That might please digital and other asset markets, but Steven McClurg said that the monetary dovishness is unlikely to continue later this year. Source
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BNB, the Binance Smart Chain’s native token, dropped 8% in the last 24 hours to as low as $252, its lowest price since early January, according to CoinDesk data. Cardano’s ADA, Polygon’s MATIC and Solana’s SOL, all top 10 tokens by market capitalization, also nosedived between 6% and 8% through
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Bitcoin’s strong bounce back despite the SEC lawsuits has made analysts optimist about the beginning of the next bull run. After facing strong selling pressure earlier this week, the world’s largest cryptocurrency Bitcoin (BTC) has given a strong bounceback today moving closer to $27,000. As of press time, BTC is
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The 9.3 million tokens entering circulation on May 27 were worth roughly $130 million at press time. They’re set to go to the Avalanche Foundation, strategic partners and Ava Labs, as well as an airdrop, said Patrick Sutton, Avalanche’s communications chief. Source
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Ether (ETH) also remained in its two-week range, changing hands at $1,850, up roughly 1.6% over 24 hours. Most other major cryptos were in positive territory, albeit not by much, with APT and SOL, the native tokens of the Solana and Aptos smart contracts platforms, recently rising 3.8% and 2.1%,
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Blockchain-based gaming has gained momentum in recent years as the novel sensation in the crypto universe, to the point where blockchain games accounted for half of all blockchain activity in early 2023. As the trend expands, new players have joined the fray, looking beyond the initial token-collection craze and shifting
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