CRYPTO MARKET UPDATE

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Texas Passes Bill to Regulate Cryptocurrency for a Secure Digital Finance

In the wake of the collapse of the FTX cryptocurrency exchange, which resulted in significant financial losses for many individuals, Texas is taking steps to regulate the digital banking industry.…
chny

Chinese Police Investigate CNHC and Trust Reserve: Crackdown on Offshore Stablecoin Issuers

In recent news, Chinese police have launched an investigation into two offshore stablecoin issuers, CNHC and Trust Reserve. The investigation is centered around potential violations of regulations related to the…
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FTX Has Paid $100 Million In Professional Fees

FTX, Once the prominent cryptocurrency exchange, has faced significant financial challenges and mismanagement, leading to its filing for Chapter 11 bankruptcy last year. not One aspect that has drawn attention…
ripplexrpprice

Ripple XRP Price Significant Gain Signals Bullish Momentum

Ripple’s XRP price, which has gained substantial momentum despite the overall downtrend in the market. bullish trend Ripple Price Analysis The XRP price has experienced a significant gain, rising to…
hopprotocol

Hop Protocol Initiates HOP Airdrop Sybil Hunter Distribution

Shane Fontaine, co-founder of Hop Protocol, has proposed the “HOP Airdrop Sybil Hunter Distribution.” The proposal has gained significant support, with a current rate of 99.46%. As part of this…
twitter crypto scammer

How Twitter Became a Breeding Ground for Crypto Scammers

Twitter, once a hub of innovation and excitement in the cryptocurrency space, is experiencing surge in crypto scam. Ideal place for crypto scammers to lure investors A surge in crypto…
shutterstock 2004690977 Cardano

Marlowe: The Game-Changing Smart Contract Platform on Cardano’s Mainnet

Cardano builder Input Output Global (IOG) about the availability of Marlowe, a platform for financial products as smart contracts, on the Cardano mainnet. Marlowe Goes Live on the Cardano Mainnet…
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SEC Proposes Settlement in Case Against Former Coinbase Employee

In a significant turn of events, the Securities and Exchange Commission (SEC) has entered into a proposed settlement in their case against Ishan Wahi, a former employee of the renowned…
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FTX Founder Sam Bankman-Fried Charged with Bribery

Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, has been charged with bribery for allegedly paying $40 million to Chinese officials in order to reclaim $1 billion in frozen…
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The Hashrate of the Bitcoin Network: An Upward Trend in Mining Power

The hashrate of the Bitcoin network has experienced a remarkable upward trend. As of May 30, 2023, the hashrate stands at an impressive 399.03 million terahashes per second (M TH/s),…
bitcoinma

Cryptocurrency Market Down Today, Bitcoin and Ethereum Lose Around 5% of Their Value

The cryptocurrency market is down today, with Bitcoin and Ethereum both losing around 5% of their value. The decline in the crypto market is likely due to a combination of…
nftbitcoin

Ordinals Market and Bitcoin Miladys Introduce BRC-721E Standard for Immutable ERC-721 NFT Migration

In a significant development for the blockchain and digital art community, Ordinals Market and Bitcoin Miladys have announced their collaboration to introduce the BRC-721E standard. This new standard enables the…
bitcoinmining

Tether Invests in Sustainable Bitcoin Mining Operations in Uruguay

In an exciting move towards sustainable energy and eco-friendly practices, Tether has announced its investment in energy production and the launch of sustainable Bitcoin mining operations in Uruguay. This strategic…
miningcrypto

Cryptocurrency Miners Could Be Spared from Proposed Energy Tax

A tentative agreement has emerged aimed at preventing the United States government from defaulting on its debts. Ohio Representative Warren Davidson has indicated that the proposed deal would likely eliminate…
bitcoin ordinals

Bitcoin Ordinals Inscriptions Surpass 10 Million Mark

The number of Bitcoin Ordinals Inscriptions has surpassed a significant milestone, reaching over 10 million. Understanding Bitcoin Ordinals Inscriptions Bitcoin Ordinals Inscriptions are data embedded into a Bitcoin transaction’s witness…
BNB FEB24

Binance Wallet Maintenance for BNB Smart Chain (BEP20)

Binance, one of the world’s leading cryptocurrency exchanges, has announced that it will be conducting wallet maintenance for BNB Smart Chain (BEP20) on May 31, 2023. The maintenance is expected…
eldorodo

EDE Exploit: El Dorado Exchange Vulnerability Reveals $580,000 Loss

In recent developments, $EDE The El Dorado Exchange DEX (Decentralized Exchange) have fallen victim to an exploit, resulting in losses of approximately $580,000. This incident has raised concerns within the…
pancakeprotector

Pancake Swap Launches Tower Defense Game with CAKE Token Rewards

Pancake Swap, a popular decentralized exchange, launched an immersive tower defense game called “Pancake Protectors.” This game introduces an innovative concept of incorporating the native token CAKE, allowing players to…
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