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Largest Russian Bank Sberbank Opens Developer Access to in-House Defi Platform

June 2, 2023 0

Sberbank, the largest bank in the Russian Federation, announced that it opened access to its in-house decentralized finance (defi) platform to allow developers to test its capabilities. Reports indicate that Sberbank’s Comunity, the Ethereum-based blockchain decentralized finance solution, will

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KuCoin Listed VOLT Token on Its Top-Tier Exchange, Revolutionizing the Global Voltage

June 2, 2023 0

PRESS RELEASE. Volt Inu, the people’s crypto ecosystem, just got listed on the KuCoin platform, and this is a massive step within the centralized crypto exchange world. In a recent Twitter announcement, Volt Inu confirmed that VOLT debuted on KuCoin starting June 2, 2023, and $40,000 worth of VOLT is up for grabs! With this […]

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Nigerian Central Bank Blasts Naira Devaluation Report — Publication Stands by Its Story

June 2, 2023 0

The Central Bank of Nigeria (CBN) said on June 1 that the report claiming it had devalued the local currency to N631 per dollar “is replete with outright falsehoods and destabilising innuendos.” The Nigerian publication Daily Trust has said it stands by its story and called on the central bank to provide facts to disprove […]

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Biggest Movers: ADA Snaps Losing Streak as Nonfarm Payrolls Beat Expectations

June 2, 2023 0

Cardano ended a four-day losing streak on Friday, as markets responded to the latest U.S. nonfarm payrolls (NFP) report. Payrolls in May rose to 339,000, which was significantly higher than the expected sum of 190,000. Solana collided with a key resistance level in today’s session. Cardano (ADA) Cardano (ADA) was one of Friday’s notable gainers, […]

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Silvergate Bank Faces Regulatory Deadline for Self-Liquidation Plan

June 2, 2023 0

In a recent press release from the U.S. Federal Reserve Board of Governors, it was disclosed that Silvergate Bank has been given a ten-day deadline to submit a plan outlining its self-liquidation procedure and the systematic cessation of operations. This order from the central bank comes in the wake of Silvergate’s declaration of voluntary liquidation […]

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Elon Musk Faces Insider Trading Accusations in Dogecoin Lawsuit Over Twitter Logo Change

June 2, 2023 0

Elon Musk, the CEO and product architect of Tesla, has been accused of insider trading in a class-action lawsuit involving the meme coin dogecoin (DOGE). The plaintiffs accuse Musk of inflating the price of DOGE by 30% when he changed Twitter’s blue bird logo “to the Dogecoin Shiba Inu logo.” Tesla’s CEO Accused of Insider […]

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Bitcoin, Ethereum Technical Analysis: ETH Nears $1,900, BTC Climbs Above $27,000 Following US Debt Ceiling Announcement

June 2, 2023 0

On Friday, bullish sentiment returned to cryptocurrency markets, as the U.S. Senate approved the bill to increase the debt ceiling. Bitcoin rose back above $27,000 on the news, snapping a four-day losing streak. Ethereum neared the $1,900 level. Bitcoin Bitcoin (BTC) snapped a four-day losing streak on Friday, after it was reported that the U.S. […]

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USDC Goes L2: Circle’s Stablecoin to Make Its Native Debut on Arbitrum

June 2, 2023 0

Stablecoin provider, Circle Internet Financial, has revealed that its dollar-pegged token, USDC, will be natively introduced on the layer two (L2) blockchain Arbitrum on June 8. The announcement follows Circle’s disclosure of its euro-pegged coin, EUROC, merging with the Avalanche blockchain last week. Circle Plans to Launch USDC on Arbitrum on June 8 On Thursday, […]

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Russian Miners Mint Crypto Worth $700 Million a Year, Mining Bill Postponed

June 2, 2023 0

Cryptocurrency miners in Russia have extracted digital currencies for around $700 million last year, according to a state-run fintech entity. However, the growing industry remains unregulated with the government having postponed the adoption of the respective legislation once again. Russian Crypto Miners Produce Coins for up to 60 Billion Rubles in 2022 Miners operating in

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Binance CEO Changpeng Zhao on Layoffs Rumors: ‘Another Day, Another FUD’

June 2, 2023 0

Changpeng “CZ” Zhao has answered the rumors of mass layoffs at Binance, with reports stating that up to 20% of the current workforce of the exchange might be forced to abandon their positions due to poor market conditions. Zhao declared this was another attempt at spreading FUD on Binance, explaining that the company has a […]