Cryptocurrency Analysis and News Portal
What Exactly Is Bitcoin? Bitcoin, which is frequently referred to as a cryptocurrency, a virtual currency, or a digital currency, is a totally virtual form of money. It’s similar to an online equivalent of cash. You can use it to purchase goods and services. However, not many merchants accept it currently,
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DappBay, a web3 dApp store for users on the BNB Chain, has flagged over 100 risky decentralized applications (dapps) in its recent update. BNB Chain shared the findings on X (formerly Twitter). See below. BNB Chain launched DappBay in July 2022, allowing users to discover new web3 projects while being kept
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Trading interest in DOGE bets rose over 40% in the past 24 hours to reach their highest levels since April. Source
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Bonk took center stage in the Solana ecosystem in January as sentiment around the blockchain network took a hit in the aftermath of the Sam Bankman-Fried and FTX exchange debacle. Source
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I think one thing that EigenLayer did is by creating this new category, that validation, if I can borrow the Ethereum trust network to do new things: I can build a new layer 1, I can build a new like oracle network, I can build a new data availability system,
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Tharman Shanmugaratnam, former chair of the Monetary Authority of Singapore, has won the election for the city-state’s presidency with more than 70% of the vote.According to multiple reports from Sept. 2, Shanmugaratnam defeated presidential candidates Ng Kok Song and Tan Kin Lian to become the next president of Singapore with
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Our weekly roundup of news from East Asia curates the industry’s most important developments. Chinese man’s $10M loss as court says Bitcoin lending not protected by law A man in China’s Jiangsu province, identified as Mr. Xu, appears to be
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A recently leaked list has exposed several high-profile celebrities cashing in on promoting cryptocurrency projects on social media. This revelation underscores the potential risks associated with taking financial advice from influencers. It casts a shadow over the integrity of the crypto market. The leaked list, shared by a Reddit user, has unveiled
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“It's really unclear what positions OFAC will take under their incredibly broad and vague authority,” Gabriel Shapiro, a prominent crypto lawyer, said in a direct message. “There is a reasonable argument that interacting with a new Tornado deployment is not covered by the sanction, but I wouldn't risk it,” Original Source
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It’s been another day of watching the ripples of contagion spread through the crypto market. With Three Arrows Capital being ordered into liquidation by a British court, details have also emerged today of BlockFi liquidating a $1B loan to 3AC, and the fallout from the insolvency was partly to blame
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