Category: Latest news
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MetaMask warns of fake token launch campaign
[ad_1] Ad Popular crypto wallet MetaMask has warned of a fake $MASK token launch, as reported by the project’s Twitter account on March 28. Metamask says there is no token launch MetaMask said that widespread rumors suggest that it will carry out an official token snapshot or airdrop on March 31. The project said these…
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SafeMoon’s liquidity pool compromised
[ad_1] The liquidity pool for the DeFi project SafeMoon has been compromised, according to a March 28 statement by the project on Twitter. The project said it is taking steps to resolve the issue but gave few other details on the matter. The ultimate cause of the incident is still unknown, and it is unclear…
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Senators grill federal officials over lack of oversight into SVB, Signature Bank collapse
[ad_1] Ad In a closely watched Senate hearing held on Mar 28, regarding the collapse of crypto-friendly banks Silicon Valley Bank (SVB) and Signature Bank, William Barr, a top official at the US Federal Reserve, acknowledged the potential benefits of testing for higher rates and expressed his plans to broaden the scope of future tests.…
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Longest streak of Bitcoin leaving exchanges since December 2022
[ad_1] Latest Report De-dollarization: Do all roads eventually lead to Bitcoin? The U.S. dollar’s reign as the reserve currency of the world could be coming to an end. CryptoSlate’s latest market deport explores the de-dollarization of the world to find what role will Bitcoin play in the global economy. Andjela Radmilac · 3 days ago…
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NFT Inspect makes comeback after January shutdown with acquisition by JVH Technology
[ad_1] Ad Non-fungible token (NFT) research tool NFT Inspect is making a surprise comeback after its acquisition by blockchain firm JVH Technology Inc. In a March 28 statement, JVH said its acquisition represents a significant milestone for the NFT industry. According to the team, NFT Inspect had made itself “the premier destination for Web3 social…
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OKX becomes latest exchange to apply for Hong Kong VASP license
[ad_1] Ad Cryptocurrency exchange OKX intends to apply for a Virtual Assets Service Provider (VASP) license to operate in the city-state, according to a March 28 press release. OKX is the latest crypto firm to look to set up shop in Hong Kong after the country’s pivot to a more crypto-friendly stance. The exchange’s General…
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Law firm Cooper & Kirk accuses US regulators of weaponizing banking
[ad_1] Ad Cooper & Kirk published a paper titled “Operation Choke Point 2.0: The Federal Bank Regulators Come For Crypto,” where the Washington D.C.-based law firm dives deep into the unlawful, unconstitutional, and arbitrary “backroom war on crypto” led by U.S. regulatory authorities. Crypto under fire A February tweet from Castle Island Ventures Partner Nic…
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The extreme concentration of BUSD: 99% of supply owned by just 1% of addresses
[ad_1] Quick Take The top 1% of addresses hold roughly 99% of the total supply of BUSD. A similar pattern occurred with the FTT token that was issued by FTX, where the top 1% holds 99% of the supply. Recent scrutiny comes after CFTC filing a lawsuit against Binance. Roughly $14 billion of BUSD has…
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Circle’s USDC to launch on Cosmos
[ad_1] Circle’s USDC, the second-largest stablecoin on the market, is set to launch on Cosmos. Circle first announced its intent to launch on Cosmos in September 2022, when it shared plans to make USDC available on five additional blockchains, including Arbitrum, NEAR, Optimism, and Polkadot. Noble, an issuance chain built on Cosmos, will act as…
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CFTC’s Binance lawsuit puts bears in control of market — pushes BTC below $27,000
[ad_1] Ad The cryptocurrency market cap saw net outflows of $40 billion over the last 24 hours and currently stands at $1.12 trillion — down 3.42% from $1.16 trillion. During the reporting period, Bitcoin and Ethereum’s market cap fell by 4.25% and 2.75% to $516.82 billion and $210.35 billion, respectively. Except for XRP, other top…