USD Coin (USDC) issuer Circle has frozen $63 million belonging to three wallet addresses associated with the hack of the cross-chain bridge platform Multichain. In a Friday tweet, security firm PeckShield revealed that Circle has frozen $27.65 million, $30.1 million, and $5.5 million in three wallet addresses that received a significant outflow of funds from Multichain after the security breach…. Read…
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Now-defunct cryptocurrency exchange FTX pulled out of the planned deal with Taylor Swift, not the other way around. According to sources cited by The New York Times, Swift signed a proposed tour sponsorship agreement with FTX in the spring of 2022, following six months of negotiations. The deal was reportedly worth up to $100 million, and discussions had taken place…
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XRP (XRP), the cryptocurrency that powers the decentralized payments-focused XRP Ledger that was created by US fintech company Ripple, has recovered back into the green after slipping to fresh monthly lows earlier in the day. XRP was last changing hands around $0.4650, up a little under 1% for the day, but still lower by about…
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Crypto markets are generally flat or trading with a slight positive bias on Friday, with the latest US jobs numbers for June not having rocked the boat too much. Bitcoin (BTC) was last around $30,000, ether (ETH) around $1,870, while the overall market’s capitalization was half a percent up around $1.18 trillion. For crypto investors…
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Crypto markets are generally flat or trading with a slight positive bias on Friday, with the latest US jobs numbers for June not having rocked the boat too much. Bitcoin (BTC) was last around $30,000, ether (ETH) around $1,870, while the overall market’s capitalization was half a percent up around $1.18 trillion. In the meantime,…
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Bitcoin Cash (BCH) is a little higher on Friday at current levels just above $280, having managed to recover more than 13% from earlier weekly lows around $250. However, in the grand scheme of things, the recovery isn’t much to get excited about as BCH remains well within its $250-$330ish ranges of the last week.…
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Cardano (ADA) is experiencing a bounce at key support in the $0.28 area in the form of its 21-Day Moving Average and an uptrend from the June lows. The bounce, which comes as crypto markets breathe a sign of relief in wake of not-as-hot-as-feared US jobs numbers, keeps alive hopes that ADA has formed a…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Saga Pulls Back From Blockchain Gaming, Bitfinex Recovers More Stolen Assets, BarnBridge DAO Members Told to Stop ‘All Work’ Amidst Investigation, Lightning Labs Releases Tools for Bitcoin Lightning…
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Namibia’s National Assembly has adopted a bill to regulate digital assets, cryptocurrencies, and digital asset service providers in the country. The Virtual Asset Bill, introduced by the Minister of Finance and Public Enterprises, Ipumbu Shiimi, passed the parliament’s lower house in June, aiming to provide a framework for regulating and licensing virtual asset service providers…
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Beijing, China, says it will introduce “new digital yuan application scenarios,” and wants to take the lead in the adoption of the central bank digital currency (CBDC). Per the Securities Times, the comments were made by Zhao Wei Jiu, the Deputy Director of the Beijing Local Financial Supervision and Administration Bureau. Zhao was speaking at…
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