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NFT & DEFI
Binance, Coinbase head to court; the SEC labels 67 crypto-securities
Top Stories This Week
U.S. SEC sues Binance and Coinbase amidst crypto crackdown
Binance and Coinbase have been targeted in a new round of lawsuits by the U.S. Securities and Exchange Commission (SEC) against crypto…
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PoolTogether Case Dismissed, For Now
In late 2020, PoolTogether was sued by Joseph Kent, a software engineer who, at the time, was working as the tech lead for Senator Elizabeth Warren’s presidential campaign.
The lawsuit was filed taking advantage of a New…
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Binance NFT Marketplace Announces Support for Bitcoin NFT Collections
Binance doubled down its efforts on the non-fungible token sector as it announced support for Bitcoin NFTs on Tuesday amidst severe turmoil in the crypto industry.
The exchange’s NFT marketplace is the latest contender…
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NFT platform Enjin forks Polkadot parachain Efinity to new mainnet
Nonfungible-token (NFT) protocol Enjin has announced its transition into a new mainnet called "Enjin Blockchain" with the aim of furthering Web3 adoption. Following the transition, its Polkadot parachain called Efinity has also been…
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SEC crackdown on Binance and Coinbase surge DeFi trading volumes 444%
The median trading volume across the top three decentralized exchanges (DEX) jumped 444% in the past 48 hours as crypto investors reeled from the United States securities regulator's recent legal actions against cryptocurrency exchanges…
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Over $35 Million Reportely Stolen From Atomic Wallet Users
The week started on a grim note following the large-scale theft of digital assets from Atomic Wallet users resulting in a six-figure loss across different chains.
Distraught users have taken to Twitter to challenge some…
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Evertas expands crypto insurance offerings to include mining and raises limits
Evertas, an insurance company focused on digital assets, recently announced an increase in coverage limits and the addition of mining operations to its coverage portfolio.The insurer’s per-policy coverage limits on custodial crypto…
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Atomic Wallet exploited, users report loss of entire portfolios
Atomic Wallet has reportedly been exploited, with users reporting complete losses of their crypto portfolios. Atomic is a noncustodial decentralized wallet, meaning users are responsible for assets stored in the application.“We have…
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Ethereum Median Gas Fee Hit 12-Month High Amid Memecoin Resurgence
In recent weeks, the Ethereum community has been grappling with an issue causing concern for many users – the rapidly increasing gas consumption on the network.
Gas fees are charged for processing transactions on the…
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Nike NFTs to make their way into EA Sports games and its millions of fans
In a major step towards mainstream gamer adoption for crypto, Nike’s nonfungible token (NFT) platform .Swoosh will soon be integrated with EA Sports games, potentially allowing Nike's virtual footwear and apparel to appear in games.In a…
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