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Vitalik Buterin Discusses Ethereum Protocol ‘Enshrining’: ‘Blockchains Are Social Systems’

October 1, 2023 0

Vitalik Buterin, the co-creator of Ethereum, has discussed the next steps that the protocol is about to take and how the upcoming decisions should be the result of balancing complexity and functionality. Buterin noted that Ethereum started with a philosophy of striving for simplicity but that

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Stablecoin Economy Sheds $1.52 Billion in September, Revisiting a 2-Year Low

October 1, 2023 0

Drawing from the latest figures, the stablecoin economy saw a notable $1.52 billion in redemptions unfold from September 1 through September 30, 2023. Within the top ten standings, two stablecoins notably bore the brunt of these redemptions: FRAX and BUSD. The two assets saw their supplies erode by 16.9% and 26.4% respectively, over the span […]

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NFT Sales Slide 9.91% Continuing a 6-Week Downtrend Despite Rising Crypto Prices

October 1, 2023 0

Sales of non-fungible tokens (NFTs) have slid once more this week, dipping to 9.91% below the preceding week’s figures. Data reveals that in the span from September 24 to October 1, 2023, around $72,767,450 worth of NFT sales have been logged, marking the latest seven-day stretch. NFT Sales Continue to Slide While the crypto economy […]

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Bitcoin Ordinal Inscriptions Cool Down After Historic Peak

October 1, 2023 0

Bitcoin Ordinal inscriptions have tapered off markedly since September 24, 2023, following a historic peak on September 15. This deceleration emerges as inscriptions nestled within the Bitcoin blockchain verge on the notable 35 million milestone. A Look at Bitcoin’s Recent Inscription Decline as 35 Million Milestone Looms The flurry of Ordinal inscriptions on the Bitcoin

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Lambo Livestream Goes Wrong for Bitboy, Kiyosaki Says Buy BTC, Lawmakers Push ETF Approval — Week in Review

October 1, 2023 0

A livestream in which Ben “Bitboy” Armstrong is hunting down his allegedly stolen Lamborghini ends up with the crypto influencer arrested. In other news this week, Rich Dad Poor Dad author Robert Kiyosaki says to purchase bitcoin before markets crash, and U.S. lawmakers push SEC Chair Gary Gensler to approve spot Bitcoin exchange-traded products “immediately.” […]

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Did You Know About These Crypto Airdrops in October?

October 1, 2023 0

As markets continue to move sideways, crypto companies are trying to increase user engagement through airdrops. Among them are some well-known names in the space as well as new projects searching for their place. They all seek to arouse interest in digital money and their own products with giveaways of coins and tokens. From Binance […]

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Report: Hacked Nigerian Crypto Exchange Raises Capital for User Reimbursements

October 1, 2023 0

The recently hacked Nigerian gift card and crypto exchange platform Patricia said on Sept. 29 that it had raised money to refund users. Some users have reportedly grown impatient with the crypto exchange and are weighing their legal options. Unilateral Conversion of Users’ Funds The Nigeria crypto exchange platform Patricia has reportedly raised an undisclosed […]

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Blockfi Bankruptcy Plan Confirmed, Paving Way for Client Distributions 

October 1, 2023 0

Crypto lender Blockfi is moving closer to returning funds to clients after a bankruptcy judge confirmed its Chapter 11 plan on Tuesday. The plan outlines a process for the company to distribute the remaining assets to clients and attempt to recover additional funds. Blockfi Advances on Client Asset Reimbursement Following Chapter 11 Plan Approval With […]

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Bitcoin.com Partners With Busan International Film Festival as Major Sponsor

October 1, 2023 0

Bitcoin.com, one of the world’s leading cryptocurrency wallet developers and news portals, has partnered with the Busan International Film Festival as a major sponsor. The Busan International Film Festival (BIFF), held annually in South Korea, is one of the most significant film festivals in all of Asia. By sponsoring the event Bitcoin.com seeks to support […]

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Gary Gensler Explains Why SEC Is Taking Litigation-Heavy Strategy to Regulate Crypto

October 1, 2023 0

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has explained why the securities regulator is taking a litigation-heavy strategy to regulate the crypto industry. The SEC chair insisted that enforcement actions against crypto firms are not brought with a political agenda, emphasizing that he is protecting the American public. “This is a field where […]