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NFT & DEFI
Ordinals sends LTC and DOGE network activity surging for 3 straight weeks
What began with developer Casey Rodarmor creating the Ordinals protocol to “inscribe” text and imagery on the Bitcoin (BTC) network has now made its way to Litecoin (LTC) and Dogecoin (DOGE), sending transaction volume on thosechains…
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Hyperbitcoinization is underway, RFK seeks Bitcoin donations…
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Hyperbitcoinization coming, says Bitcoin OG as ‘wholecoiners’ hit 1 million
Bitcoin has crossed a significant threshold this month — there are over 1 million addresses that hold at least 1 BTC.…
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IOVLabs Introduces a $2.5M Program to Boost the Development of Bitcoin’s Sidechain Rootstock
IOVLabs – a company that develops decentralized blockchain technologies – launched a $2.5 million “strategic grants program” to accelerate the adoption of Rootstock.
The latter is a sidechain tied with Bitcoin and…
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Diversification Doesn’t Work? NFT Influencers That Made or Lost Money With Memecoins
Savvy investors and NFT influencers have used the recent hype around memecoins as an opportunity to make solid profits. However, the majority of those who made money on such investments have only dealt with Pepe Coin…
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Uniswap will deploy on Polkadot parachain Moonbeam
The Uniswap crypto exchange will soon be available on Moonbeam, a parachain of Polkadot, according to a May 17 approved proposal on the exchange’s governance forum. The proposal was put forward by educational group Blockchain at…
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DOJ’s Crypto Crack Team to Target DeFi, Bridge Chain Exploiters, Says Its Top Cop
The United States Department of Justice (DOJ) plans to direct crackdowns against rogue crypto trading platforms and such investment scams, a top official said.
Recently, an FBI report revealed that American citizens lost…
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Pros and Cons for Bitcoin Related to BRC-20 Token Standard: Bitfinex Report
The latest buzz in the crypto world revolves around the newly introduced Bitcoin token standard (BRC-20), which has garnered considerable attention and favor owing to the recent memecoin craze. Despite the ongoing hype,…
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Ordinals and BRC-20 will disappear in a matter of months, says JAN3 CEO
The latest hype around Bitcoin Ordinals and BRC-20 tokens is unsustainable and will fade away in a matter of months, according to JAN3 CEO Samson Mow. “These guys are basically paying massive amounts of fees that go directly to Bitcoin…
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Coinbase screws up, Florida bans CBDCs, and Bitcoin Ordinals…
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Coinbase calls Pepe a ‘hate symbol,’ prompting calls to boycott the exchange
An email sent out to Coinbase customers describing the Pepe the Frog meme as a “hate symbol” co-opted by alt-right…
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Phantom Launches Multichain App, Will Support Ethereum and Polygon
The leading retail-facing self-custody cryptocurrency wallet on Solana, Phantom Wallet, revealed that it will support Ethereum and Polygon for all browsers, Android, and iOS users.
According to the press release shared…
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