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Avalanche-based Web3 social media app Stars Arena announced that it has secured the funding to cover the $3 million hole left by an exploit on Oct. 6. The team also added that it will re-open the smart contract once a full security audit has occurred. In an announcement on X,
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The United States House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion will be holding a hearing discussing central bank digital currencies (CBDCs) for the first time in months.In a Sept. 7 announcement, Republican lawmakers on the committee said they planned to hold a hearing discussing the implications
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Cryptocurrency brokerage Voyager Digital is preparing to reopen its app and allow customers to finally withdraw their funds — nearly one year after it filed for Chapter 11 bankruptcy.Voyager's bankruptcy plan administrator Paul Hage said in a June 14 court filing that around June 15 the Voyager app would be
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However, the attorney stressed that the possibility of re-starting FTX is one of many, and any decisions are far from final."There are as many opinions on this, I think, as there are professionals involved in this case," Dietderich said. "And that's a lot." Source
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Crypto miner US Bitcoin Corp has come to a tentative agreement with the City of Niagara Falls that will allow it to reopen its mining operation in that city, according to a local news report. A state supreme court judge ordered its plant closed in early March. The settlement still
Read MoreIndustry players said Bitcoin's (BTC) price could be impacted once U.S. governing bodies lift COVID-19 prevention measures, such as stay-at-home orders and business closures. "When the world economies begin to recover and come back online after printing, in the case of the U.S. government trillions of dollars, Bitcoin will most
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