News

SBI Holdings, the largest online brokerage in Japan, is shutting down its crypto mining business in the Russian Federation. Amid mounting uncertainty over the future of such investments due to the ongoing conflict in Ukraine, as well…
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Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, has officially released the intellectual property (IP) rights tied to the Cryptopunks and Meebits NFTs. The company acquired the IP…
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Gym Network announced today that it is poised to release version 2 of its platform, which will bring new functionalities, including Single Pool and BUSD Stable Coin Vault. The updates will offer people active in the DeFi space exclusive…
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FDIC sent the cease and desist letter to five companies, including FTX US and mentioned alleged misleading tweets from FTX US president Brett Harrison. The agency wants the crypto company to ensure any misleading details are removed…
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Bitcoin (BTC) reached a local low of $21,447 on Aug. 19, continuing its ongoing decrease that began on Aug. 15. Bitcoin had been increasing since reaching a local low of $17,622 on June 18. The upward move, however, stalled at a high of…
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As the hype surrounding play-to-earn (P2E) games and platforms began to dwindle in early 2022, Web3 participants began to emphasize the need for games to be more “fun” and less finance-oriented. In the most recent episode of NFT Steez,…
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The “Lazarus Group,” a notorious North Korea-backed hacking syndicate, has been identified as the culprit of an attempted cyber-attack on deBridge Finance. The co-founder of the cross-chain protocol and project lead,…
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According to the latest guidance note issued by the South African banking sector regulator, Prudential Authority, risk assessment does not mean financial institutions should avoid or eliminate risks via the wholesale termination of…
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Publicly-traded Bitcoin mining company Stronghold Digital Mining (SDIG) said it plans to return more than 26,000 mining rigs to New York Digital Investment Group (NYDIG) to reduce its debt significantly. NYDIG is a…
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After an impressive 73% rally between July 13 and Aug. 13, Avalanche (AVAX) has faced a 16% rejection from the $30.30 resistance level. Some analysts will try to pin the correction as a "technical adjustment," but the network’s deposits…
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