Crypto Market Update 16 June 2024: Top 20 Coins Overview

The cryptocurrency market continues to exhibit its characteristic volatility, reflecting both short-term fluctuations and longer-term trends. As of the latest data, here’s a deep dive into the performance and trends…
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NEAR Foundation Forms Nuffle Labs with $13 Million in Funding

The NEAR Foundation, a non-profit organization, has announced the formation of Nuffle Labs. This new entity is backed by $13 million in funding, aimed at enhancing the modularity and decentralized…
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JPMorgan Revolutionizes Finance with Tokenization of Fidelity International’s

In a significant advancement in the financial sector, JPMorgan has successfully tokenized a money market fund of Fidelity International, a move that underscores the increasing integration of blockchain technology in…
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Biden Administration to Attend Bitcoin Roundtable with Key Congressional Officials in DC

In a significant move for the cryptocurrency industry, the Biden administration is set to participate in a Bitcoin roundtable with key congressional officials in Washington, DC. This event underscores the…
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Cardano’s Decentralization Milestone: Community to Control $681.9 Million Treasury

Cardano is set to achieve a significant milestone in its journey towards full decentralization. According to a report by Coin Edition, the upcoming Chang hard fork will transfer control of…
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ZKSync ZK Token Airdrop Launches on June 17

The anticipation surrounding the ZKSync ZK token airdrop is reaching a fever pitch as the launch date approaches. The airdrop, set to commence on June 17, 2024, promises to be…
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Franklin Resources Waives Fees for Ethereum ETF to Boost Crypto Adoption

In a strategic move to deepen its involvement in the cryptocurrency market, Franklin Resources has announced a significant fee waiver for its upcoming Ethereum ETF. This development is poised to…
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Deutsche Telekom Ventures into Bitcoin Mining and Node Operations

In a significant development within the cryptocurrency industry, Deutsche Telekom, the parent company of T-Mobile, has announced its plans to venture into Bitcoin mining. This strategic move underscores the company’s…
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Holograph Protocol Breach: Exploits Vulnerability to Mint 1 Billion HLG Tokens

In a concerning development for the cryptocurrency community, a former contractor exploited a vulnerability in the Holograph protocol, resulting in the unauthorized minting of an additional 1 billion HLG tokens.…
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Crypto Market Experiences Slight Dip: Market Value Drops to $2.5 Trillion

In a recent market update, the total value of cryptocurrencies has experienced a slight decline, dropping to $2.5 trillion. This represents a 1% decrease over the past 24 hours. This…
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Bitcoin L2 Network Stacks Faces Major Block Interruption, Resumes After 9-Hour Pause

In a concerning development for the Bitcoin L2 ecosystem, the Stacks network encountered a significant block generation interruption today. The halt lasted for more than nine hours, occurring between blocks…
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Trump Vows to End Biden’s “War on Crypto” and Champion Bitcoin’s Future in America

Former President Donald Trump recently stated his commitment to ending President Joe Biden’s regulatory stance on cryptocurrency, emphasizing his intention to support and nurture the future of Bitcoin and other…
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El Salvador’s Bold Move: A Private Investment Bank for Bitcoin Investors

El Salvador’s President Nayib Bukele has proposed an innovative plan to establish a private investment bank aimed at catering specifically to Bitcoin investors. This move is part of Bukele’s broader…
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UXLINK Launches Social DEX to Earn Feature

UXLINK has officially introduced the Social DEX to Earn feature within its decentralized application (Dapp) and Telegram Bot. This new feature aims to enhance user engagement and promote a more…
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Nostra Announces First Airdrop: A Boost for the Starknet Ecosystem

The Starknet ecosystem is about to witness a significant milestone with the announcement of the first airdrop by the DeFi protocol Nostra. This event marks a crucial step in engaging…
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Solana Memecoin BEER Allegations of Market Manipulation

The Solana-based memecoin BEER saw an 80% drop in value shortly after the launch of its perpetual contract on Bybit. According to on-chain analyst Wazz, this significant price decline has…
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BNB Chain and Binance Labs Launch BNB Incubation Alliance to Foster Blockchain Innovation

BNB Chain and Binance Labs have launched the BNB Incubation Alliance (BIA). This initiative aims to support early-stage blockchain projects by providing them with the resources and guidance needed to…
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CRV’s Bounce Back: Recovery Underway After Significant Price Plunge

Curve DAO token ($CRV) experienced a staggering 38% drop in its price following the liquidation of leveraged positions belonging to the founder, Michael Egorov. This abrupt downturn has caught the…