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Ethereum
ETH maintains its value above $2k
The cryptocurrency market is slowly recovering from its recent slump and has added more than $100 billion to its market cap in the last 24 hours.
The broader crypto market has had a poor week up till Thursday. The market lost nearly…
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Aurora launches $90M fund to finance DeFi apps on Near Protocol
Aurora, an Ethereum Virtual Machine (EVM) designed to scale decentralized applications (DApp) built on the Near protocol, has launched a token fund worth $90 million. The fund was launched today in partnership with Proximity Labs and…
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Lido Finance with $19.1B in TVL, Edges out Curve as the Largest DeFi Protocol
Summary:
Lido Finance has surpassed Curve finance to become the largest DeFi protocol in terms of total value lockedApproximately $19.1 billion is locked on Lido Finance compared to Curve’s $19 billionLido Finance is available on the…
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Ethereum (ETH) falls below $2500 – What to expect next
Ethereum (ETH) is now on a full downtrend. The coin has breached several crucial support zones and fell below $2500 for the first time in weeks. The decline follows a broader sell-off in the market, and it is likely that more losses…
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Ledger exec explains how it works
As cryptocurrency staking is growing increasingly popular, one may wonder about staking opportunities of not only crypto exchanges or software wallets but also hardware wallets.By definition, staking allows investors to earn crypto…
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Bitmex’s Arthur Hayes Requests Leniency, No Jail Time for Violating the US Bank Secrecy Act
Quick take:
Bitmex’s founder and former CEO, Arthur Hayes, has requested leniency from the judge handling his court caseMr. Hayes is requesting no jail time and permission to live abroad and travel freelyHis lawyers have also asked for…
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Ethereum price prediction for May 2022
Ethereum price has gone nowhere in the past few days as investors eye the upcoming interest rates decision by the Federal Reserve. The ETH token is trading at $2,805, which is slightly below this week’s high of $2,883. Its market cap…
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Crypto mixer sanctioned by US Treasury for role in Axie Infinity hack
The United States Treasury Department Office of Foreign Assets Control (OFAC) announced Friday that it was sanctioning cryptocurrency mixer Blender.io for its role in laundering proceeds from the hacking of Axie Infinity's Ronin Bridge.…
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Luna Foundation Acquires An Additional 37.8k Bitcoin Worth $1.5B, Bringing its Total Holdings to…
Summary:
The Luna Foundation Guard has bought an additional 37,863 Bitcoin worth $1.5 billionThe purchase is in line with Do Kwon’s goal of backing UST with digital asset reserves worth $10 billion The Luna Foundation Guard now holds…
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Yuga Labs Highlight Everything That is Wrong in the NFT Space
Disastrous Otherside mint leaves many paying thousands of dollars in gas fees without receiving anything
Yuga Labs refused to apologise, instead blaming Ethereum and citing the need to create their own blockchain in order to scale
The…
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