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Casascius Bitcoin Peels: $10M Cashed in 2023, Yet a $1 Billion Stash Remains Unclaimed

September 4, 2023 0

While bitcoin (BTC) is already a limited asset, Mike Caldwell’s Casascius physical bitcoins take rarity to a whole new level. Between 2011 and 2013, he endowed over 27,000 coins and bars with nearly 100,000 BTC. As we step into September 2023, a limited supply of 19,082 Casascius physical

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Bitcoin, Ethereum Technical Analysis: BTC Consolidates, ETH Avoids Falling Below $1,600 on Labor Day

September 4, 2023 0

Sentiment in bitcoin remained bearish to start the week, as the cryptocurrency remained below $26,000 on Monday. Market volume was relatively low in today’s session, as a result of the U.S. Labor Day celebration. Ethereum was slightly higher, as the price managed to remain above $1,600. Bitcoin Bitcoin was trading below $26,000 on Labor Day, […]

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The Hourglass Collective: Pioneering Web3 Adoption Through Incubation and Entertainment

September 4, 2023 0

PRESS RELEASE. [Singapore, September 4th 2023] – The Hourglass Collective is spearheading a new era of Web3 adoption. In a world where technological progress has sprinted from hard industries to consumer-facing revolutions, it’s now in the hands of service-oriented high-tech sectors like robotics, advanced software, artificial intelligence, and quantum computing. OpenAI’s

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What Is EIP-4844? A Look at Proto-Danksharding and Its Effect On Rollup Fees

September 4, 2023 0

Ethereum Improvement Proposal 4844 (EIP-4844), also known as Proto-Danksharding, introduces a set of changes that seek to lay the logic and “scaffolding” for scaling Ethereum through sharding but without adding sharding itself. Its implementation aims to reduce the transaction fees of rollups like Arbitrum, Optimism, and Base, which are considered a central part of

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Latam Insights: Worldcoin Breaks Records in Argentina, Circle Brings USDC to Chile

September 4, 2023 0

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Worldcoin reaches record verifications in Argentina, Circle partners with Mercado Pago to bring USDC to Chile, and Binance launches a Latam-focused remittance solution. Worldcoin Reaches Record Verifications in Argentina Worldcoin, the

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Samuel Trabucco’s Multi-Million Dollar Yacht Spotlighted in FTX’s Financial Records

September 4, 2023 0

The FTX debtors filed a bankruptcy court document detailing lavish cash transfers and purchases by former CEO Sam Bankman-Fried and other company insiders. The section titled “Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy” shows that Bankman-Fried reportedly received more than $1 billion in cash transfers in the year before FTX’s collapse. FTX

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Report: Kenyan Subscribers Constituted 25% Worldcoin’s Global Total in July

September 4, 2023 0

At some point in July, there were as many as 350,000 Kenya-based residents who had subscribed and shown interest in receiving Worldcoin’s crypto token. According to a Kenyan legislator, Worldcoin executives are now expected to appear before a parliamentary committee on Sept. 4. Argentina’s Record Sign Ups A Kenyan parliamentary committee tasked with investigating

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US Lawmaker Contradicts SEC Chair — Says Crypto Industry Not ‘Rife With Noncompliance’

September 4, 2023 0

A U.S. congressman has defended the crypto industry against Securities and Exchange Commission (SEC) Chairman Gary Gensler, who stated that it is rife with noncompliance. The lawmaker’s statement followed a pair of legal cases in which the judges sided with cryptocurrency firms over the securities regulator. ‘Crypto Is Not an Industry Rife With Noncompliance’ U.S. […]

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Musk Funded Dogecoin, Mulled Blockchain Social Media, Biography Details

September 3, 2023 0

A biography of billionaire investor Elon Musk reveals details about his involvement in the Dogecoin project and an idea to launch a social media platform based on blockchain. The book, which should be available later this month, also mentions a failed attempt by former crypto mogul Sam Bankman-Fried to help Musk’s acquisition of Twitter. Elon […]

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BUSD Falls to Fifth Among Stablecoin Leaders; TUSD and FDUSD Supplies Surge in a 3-Day Span

September 3, 2023 0

The stablecoin landscape witnessed a shifting dynamic this week, with the once fourth-largest stablecoin, binance usd (BUSD), relinquishing its position. This change arises from the crypto asset’s supply dwindling below the 3 billion mark, while in a surprising twist, the stablecoin trueusd (TUSD) experienced a surge in supply from 2.9 billion to 3.438 billion in […]