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In a note, David Lo, head of financial products at Bybit, wrote that on-chain activity shows bitcoin holdings by long-term investors are reaching record levels, while Ethereum's gas usage is dropping significantly, leading to faster ether inflation. Bitcoin has increased its dominance – its share of the overall market capitalization
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In a rapidly changing blockchain and cryptocurrency landscape, staying informed is crucial. Cryptox has launched its new Research Terminal — an all-in-one destination for comprehensive crypto insights, detailed reports and extensive data. The revamped terminal offers an improved user experience with a user-friendly interface, making it effortless to explore our wealth
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In an Oct. 8 post on X, Certik, a security-focused ranking platform, reported an exit scam on zkFlex Finance after charts show a 100% in the project’s value. Alongside this announcement, the project’s social media accounts and websites have also been removed. Deleted accounts #CertiKSkynetAlert 🚨We are seeing an exit scam on @zkFlexFinanceETH:0x54855D3133669B7EF54A2c962F5f63fdb44bBaE9Which
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On Oct. 5, Binance Research released a monthly market report with numbers indicating a continuous decline on stablecoins, which hit a low of US$123.8b. The report reveals that this month marks the 18th month in a consecutive decline. Dives deeper The full report shares that in September, the cryptocurrency market remained remarkably steady, exhibiting minimal
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The decentralized social network Friend.tech took to social media to announce an updated feature that will allow users to add and remove various login methods used to access their accounts after reports of SIM-swap attacks emerged. On Oct. 4, Friend.tech said the settings had been made accessible via the app, with
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Following a busy week of Ether futures ETF activity, Eric Balchunas, a Senior ETF Analyst for Bloomberg, shares Ether futures ETF activity flows are off to a slow start. In his report, VanEck Ethereum Strategy ETF (EFUT) is taking an early lead over ProShares with $15.6 million in fund asset inflows. An
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In addition to the metaverse, Improbable attributed the robust financial earnings to a decrease in the cost of hosting large-scale virtual events. London-based virtual reality startup Improbable has announced a substantial reduction in its losses for the 2022 fiscal year, marking a notable shift in the company’s financial performance. The company, known
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Jatinder Singh will attend a plea hearing on Oct. 23 at the County Court of Victoria in Australia for failing to report that he received AUSD 10.47 million (roughly $6.7 million) from Crypto.com in 2021. Singh used the money –sent to him because of an accounting error – to buy
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For Q2 2023 which ended on June 30, Pinterest reported revenue of $708 million and global monthly active users of about 465 million. Pinterest Inc (NYSE: PINS) shares closed Tuesday trading at $26.21, up 3.19 percent from the day’s opening price. The sudden gains in the photo-sharing social media platform Pinterest
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The crypto industry is known for its sheer price movement volatility, driven mainly by events and liquidity crunches. Since the beginning of
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