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Consensys SEC

Consensys Challenges SEC Charges: Asserts Metamask is Beyond SEC Jurisdiction

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Consensys Software has issued a statement addressing U.S. Securities and Exchange Commission (SEC) charges accusing the company of unregistered securities offerings through Metamask staking and swaps. Consensys contends the SEC’s actions are regulatory overreach and vows to defend its position in court, emphasizing the broader implications for the web3 ecosystem. Consensys Challenges SEC Charges On …

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Bolivia Bitcoin Ban

Central Bank of Bolivia Lifts Bitcoin Ban, Embracing Crypto in Financial System

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The Central Bank of Bolivia has lifted its blanket ban on using Bitcoin and other cryptocurrencies in the NFS. This significant move opens the doors for integrating exchanges and other crypto service providers into the Bolivian economy. The institution has derogated a 2020 resolution that prohibited financial institutions from facilitating crypto-related payments. Central Bank of …

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Marathon digital holdings

Marathon digital holdings diversify with Kaspa

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Marathon digital holdings, one of the largest Bitcoin miners in the world, just released a statement disclosing they have mined Kaspa worth $15 million over a period of time. Marathon began mining Kaspa in September of last year after activating its first mining computer. The miner has purchased machines totaling 60 petahash in capacity, capable …

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AssangeDAO

AssangeDAO members seek transparency on $37M

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Wikileaks founder Julian Assange was released from prison onTuesday and the members of an onchain DAO called AssangeDAO are calling for transaprency. AssangeDAO was created to raise funds for Assange’s defense and release and accumulated $37M. Following the release of WikiLeaks founder Julian Assange from Belmarsh prison on Tuesday, the token for AssangeDAO (JUSTICE) surged …

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Bybit Climbs to Second Spot in Crypto Exchange

Bybit Climbs to Second in Global Crypto Exchange Rankings

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According to a recent Kaiko report, Bybit Exchange has surged to become the world’s second-largest cryptocurrency exchange by volume. This leap has seen it surpass Coinbase and closely trail behind Binance.  Bybit’s Rise in Market Share Bybit’s market share has doubled from 8% to 16% since October. This growth is attributed to increased trading volumes …

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New Uptrend For DePIN Projects

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Decentralized Physical Infrastructure Network (DePIN) projects have emerged as a significant innovation within the crypto ecosystem. These projects integrate blockchain technology with real-world applications. They create decentralized marketplaces and systems for computing power, energy management, telecommunications, and mapping. DePIN projects leverage incentivization systems powered by cryptocurrency. This promotes decentralized alternatives to traditional infrastructure services. The …

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Mt. Gox to Begin Repayments

Mt. Gox to Begin Repayments in July; Bitcoin Slides Under $60K

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The defunct crypto exchange Mt. Gox will start distributing over 140,000 Bitcoin to victims of the 2014 hack in July 2024. The repayments, in Bitcoin and Bitcoin Cash, might add selling pressure to both markets. The Rise and Fall of Mt. Gox In its prime, Mt. Gox handled 70% of Bitcoin transactions worldwide. It was …

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