Shiba Inu (SHIB), a Shiba Inu dog-themed token that is the second largest meme coin by market capitalization behind Dogecoin (DOGE), is rallying on Friday amid news that Binance will allow the asset to be used as collateral on its platform. As per an update from Binance, the platform users will now be able to…
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Tether (USDT), the USD-pegged stablecoin issued by web3/fin tech company Tether, fell slightly below its 1:1 peg against the US dollar on Thursday on decentralized exchange (DEX) Curve Finance, pushing the DEX’s main stablecoin liquidity pool (Curve 3pool) into imbalance. USDT fell as low as 0.998 versus its competitor USD-pegged stablecoin USDC and against Maker…
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Evil Pepe coin has just listed on Uniswap and pumped 2x in minutes, giving early investors a 100% profit. The original Pepe coin made a 73,500% gain from its listing price on Uniswap to its all-time high, which it registered on May 5, and Evil Pepe could do the same. Those still holding the Pepe…
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Crypto was a completely different world back in 2017. The market went parabolic, with bitcoin (BTC) gaining as much as 20x at its December 2017 highs versus its starting point for the year. Other coins saw even grander gains. While many coins and projects that were popular back then have fallen out of favor as…
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An exciting new crypto project called BTC20 took the crypto world by storm in July, selling out its $6.05 million presale in under two weeks. Crypto investors piled into the project, enthused by its original take and compelling passive income opportunity. BTC20 winds the clock back to April 2011, when the bitcoin supply was just…
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Blue chip cryptocurrencies like Bitcoin (BTC) and Ether (ETH) are ebbing lower on the first day of August, with both hitting fresh one-and-a-half month lows under $29,000 and in the low $1,800s, respectively. Market commentators are citing jitters over the hack of one of Decentralized Finance (DeFi)’s oldest and most trusted decentralized exchanges (DEX) Curve…
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A US Judge has denied Terraform Labs’ motion to dismiss a securities fraud lawsuit filed against it by the Securities and Exchange Commission (SEC). On Monday, US District Judge Jed Rakoff rejected Terraform Labs’ arguments that the SEC lacked jurisdiction and that its TerraUSD stablecoin did not qualify as an unregistered security. The ruling now allows the SEC’s case against Terraform Labs…
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A crypto whale just made a huge investment into one of 2023’s hottest meme coin presales. Over the course of about five minutes, five different wallets piled 460 ETH (worth nearly $850,000) into the Wall Street Meme’s $WSM token presale. The coordinated nature of the purchases suggests one individual whale was behind them…. Read More:…
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Coinbase-backed layer-2 blockchain Base has attracted millions in Ethereum (ETH) ahead of its official launch. Over the weekend, Base witnessed more than $200 million in trading volumes and more transactions than established networks like Arbitrum. Despite not being open to the public yet, traders have flocked to the blockchain in the hopes of racking in lucrative returns, particularly from meme…
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Apple is facing regulatory scrutiny in the US over its App Store guidelines, which allegedly hurt apps related to blockchain and non-fungible tokens (NFTs). In a formal letter, US Representatives Gus Bilirakis of the Republican Party, representing Florida, and Jan Schakowsky of the Democratic Party, representing Illinois, expressed their concerns directly to Apple CEO Tim Cook…. Read More: Apple’s App Store Guidelines Under Scrutiny by Lawmakers for…
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