Category: Latest news
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Renzo’s ezETH token depeg triggers liquidations across DeFi platforms
[ad_1] Renzo’s liquid restaking token (LRT), ezETH, experienced a significant depegging event that liquidated millions from “loopers” using the token as collateral on leverage protocols like Gearbox. According to data from CoinMarketCap, the digital asset’s value plunged to a low of $2,755 before recovering to its current level of $3,178 as of press time. Notably,…
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April 30 set for historic launch of Bitcoin and Ethereum ETFs in Hong Kong
[ad_1] Available exclusively via From 2012 to 2024: Analyzing market conditions before each Bitcoin halving Andjela Radmilac · 5 days ago As the fourth Bitcoin halving approaches, an in-depth look at past events offers insights into potential market impacts. [ad_2] Source link
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Bitcoin US ETFs inflows exceed new daily mining output on April 23
[ad_1] Available exclusively via From 2012 to 2024: Analyzing market conditions before each Bitcoin halving Andjela Radmilac · 5 days ago As the fourth Bitcoin halving approaches, an in-depth look at past events offers insights into potential market impacts. [ad_2] Source link
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Nigeria freezes over 300 P2P accounts on more crypto exchanges amid forex concerns
[ad_1] Nigerian authorities are gearing up for the next phase of their crackdown on crypto trading, targeting peer-to-peer (P2P) platforms like OKX, Binance, KuCoin, and Bybit, according to a trending circular by the Central Bank of Nigeria. The CBN ordered financial institutions in the country to identify individuals or entities transacting with these exchanges and…
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US DOJ seeks 36-month sentence and $50 million fine for ex-Binance CEO Changpeng Zhao
[ad_1] The US Department of Justice has recommended a 36-month prison sentence alongside a $50 million fine for the former CEO of Binance, Changpeng Zhao. In response, Zhao’s legal team contends that his incarceration would be unprecedented, citing no prior instances of imprisonment in similar cases. Instead, they proposed an alternative of probation, potentially with…
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Bitcoin Runes made up 57.7% of transactions on halving day
[ad_1] Launched on the day of the Bitcoin halving, Runes are a form of data embedded directly into Bitcoin transactions. Unlike simple financial transfers, Runes encapsulate additional information within these transactions. Bitcoin Runes operate by utilizing a method known as “transaction augmentation,” which allows users to embed arbitrary data into transaction outputs. Runes can store…
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Grayscale, BlackRock Ethereum ETF applications updated amid SEC delays
[ad_1] Grayscale Investments and BlackRock have updated their spot Ethereum ETF applications despite the SEC delaying its decision on the matter in recent weeks and expectations leaning toward rejection. Grayscale filed an S-3 registration statement with the SEC on April 23. The submission marks the latest step toward the firm’s proposed conversion of its existing Grayscale…
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Jane Street Capital now holds over 5% of Coinbase stock
[ad_1] Jane Street Capital has accumulated substantial Coinbase stock. According to financial intelligence site Fintel, Jane Street owned 5.3% of Coinbase’s outstanding shares in February. COIN was valued at $140.86 at the time of the company’s 13G filing on Feb. 9, placing the value of its holdings at $1.4 billion. At a current share price…
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Jack Dorsey’s Block completes Bitcoin mining chip, announces development of full system
[ad_1] Jack Dorsey’s firm Block has unveiled a significant advancement in Bitcoin (BTC) mining technology with the completion of its three-nanometer (3nm) mining chip. The company is now finalizing a full tape out of the chip at a leading global semiconductor foundry, marking a substantial upgrade from its earlier five-nanometer prototype. The new chip targets…
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SEC seeking $5.3 billion in fines from Terraform Labs, Do Kwon
[ad_1] The US Securities and Exchange Commission (SEC) wants nearly $5.3 billion in fines from Terraform Labs and its former CEO, Do Kwon for violations of the US securities laws and charges of fraud. The agency detailed its requested fines in an April 19 legal filing. The SEC is primarily seeking $4.2 billion in disgorgement plus…