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Prominent NFT influencers such as generative artist Jen Stark and Rug Radio host Farokh were named as early promoters of the project, which raised millions from its initial drop. Source
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“For now, due to conservative operations, the DGP still has plenty of funds to continue operating without needing a top-up from the community. As of this writing, the program has ~$2,700,000, which consists of ~$2,170,000 worth of DYDX and ~$530,000 worth of USDC,” developers said. Original Source
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Long trades, or bets on higher prices, took 90% of the $220 million in liquidations on crypto futures trading over the past 24 hours as bitcoin (BTC) and ether (ETH) fell nearly 5%. Bitcoin and ether futures cumulatively saw $100 million in liquidations, while futures tracking dogecoin (DOGE), solana (SOL),
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The deadly conflict that started with Russia’s assault on Ukraine has increased crypto-related activity in both countries, according to Chainalysis. Fiat inflation and sanctions pressure led to several spikes in transaction volumes this year, the blockchain forensics firm has found, while Eastern Europe as a whole sustained its role in
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Yet, bitcoin's performance pales next to ether, the token of the Ethereum blockchain, which has skyrocketed about 50% over the past seven days as updates trickle in about the Merge. The Merge will shift the protocol from its current, energy-sapping proof-of-work model to a more environmentally friendly proof-of-stake one. The
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Thousands of small donations ranging from 0.0001 to 0.01 ETH are flooding the Ethereum blockchain Original Source
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UBS recently posted a profit for its fourth quarter which caps off a remarkable year for the Swiss banking giant, and sets the tone for more.Prominent Swiss bank UBS Group AG recently posted its earnings for the fourth quarter (Q4) 2021, which showed a decline in profit. However, the latest results
Read MoreAlthough coronavirus conditions have created global economic difficulties, cryptocurrencies could see growth amid the struggle, according to one blockchain incubator's head."Short-term: digital currencies suddenly look appealing," Polyient Labs CEO Brad Robertson told Cryptox in a May 1 email. "If someone only looked back at the last two weeks, they might think
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