On Wednesday, Nansen, an onchain analytics provider, illuminated a series of intriguing transactions originating from FTX and Alameda Research addresses, now under the stewardship of the FTX creditors. A substantial sum of $8.6 million in cryptocurrency assets found its way to an address associated with Binance, the largest exchange in the world by trade volume.…
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Insiders reveal that FTX creditors are sifting through bids from various entities eager to breathe life into the dormant crypto exchange. The company’s investment banker highlighted that FTX interacts with “multiple parties every day.” FTX Creditors Sift Through Offers for Exchange’s Possible Reawakening Throughout the year, whispers of FTX’s potential revival have surfaced approximately four…
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Ex-FTX chief Sam Bankman-Fried is slated to make his case directly to the jury in his ongoing trial, as shared by his defense lawyer, Mark Cohen. Bankman-Fried’s decision to testify comes on the heels of several witnesses who have spoken against him in recent weeks. Facing Accusations: Sam Bankman-Fried Prepares to Plead His Case Directly…
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Doge Uprising is a new meme crypto project fighting against the ‘centralized authorities’ who abuse their power. The platform aims to redefine a typical meme coin’s utility by building a project that goes beyond just crypto to include a storyline, NFTs, staking, and community interaction. It recently launched the presale of its native token $DUP,…
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Source: NFL Rivals / Twitter Popular blockchain-based game NFL Rivals is nearing 3 million signups, just four months after reaching the 1 million milestone. “We’re closing in on 3 million [new players],” John Linden told The Block. Linden is an industry veteran and the CEO of Mythical Games, the gaming studio behind NFL Rivals, Blankos…
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Source: TradingView The price of Shiba Inu (SHIB) has dropped by 2% today, falling to $0.00000742 as the wider market slips by 1% in the past 24 hours. Despite today’s loss, SHIB remains up by 7.5% in a week, helped along by growing expectations of Bitcoin ETF approvals, which this week have lifted the market…
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Source: Pexels Global payments giant Mastercard is eyeing potential collaborations with self-custody wallet firms, such as MetaMask and Ledger, as part of its strategic push into the Web3 space. Citing an internal report from a Web3 strategy workshop, CoinDesk on Tuesday said Mastercard sees the integration of payments cards with self-custody wallets as a mutually…
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Source: AdobeStock / Andrii Yalanskyi Nocturne, a protocol enabling private accounts on public blockchains, has raised millions from prominent players in the Ethereum ecosystem, aiming to go live on the mainnet in the coming weeks. Launched earlier this year, Nocturne today announced its $6 million seed funding round co-led by Bain Capital Crypto and Polychain…
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Lightspark, a Lightning Network (LN) financial services company, has announced it has open-sourced Universal Money Address (UMA), a protocol similar to email, but for money. The protocol will be interoperable, allowing platforms to exercise due compliance on the transactions facilitated, an inclusion criticized by the Bitcoin community on social media. Lightspark Opens UMA Protocol Lightspark,…
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North America leads in terms of cryptocurrency usage despite the ongoing regulatory uncertainty, blockchain forensics firm Chainalysis revealed. Meanwhile, stablecoin-related activity has been decreasing with users shifting away from U.S.-based services. The region’s share in decentralized finance (defi) usage has declined as well. Institutional Crypto Activity Plays Bigger Role in North America Than Other Regions,…
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