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HashKey Reveals Ambitious Plans for Expansion and Public Listing

HashKey, a prominent exchange, has outlined ambitious goals for its future trajectory, including surpassing Coinbase’s market standing within five years. The company positions itself distinctively by not viewing non-compliant exchanges like Binance and Huobi as direct competitors. HashKey also unveiled multiple strategies for going public, encompassing listings on China and Hong Kong stock…

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Inside the NuddiesNFT Hack Scandal

Zachxbt reveals the intrigues behind the Nuddies NFT hack, accusing the founder of being behind it. In early March 2024, the NuddiesNFT community was rocked by shocking news: their project founder, Kyle, claimed that the project’s wallets had been hacked. Little did they know, this was just the beginning of a deceitful scheme that would unravel before their eyes. Shortly after Kyle’s…

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How an Early PEPE Investor Turned $3,000 into $30 Million

In the fast-paced world of cryptocurrencies, tales of overnight fortunes are not uncommon. One such extraordinary story revolves around an early investor in PEPE, a digital asset that has seen its fair share of ups and downs. Back in April 2023, an investor made a modest investment of approximately $3,000 in PEPE tokens. Little did they know that this initial bet would soon turn into a…

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Bitcoin Surges Past $65,000 Mark, Approaches All-Time High

Bitcoin soared past the $65,000 mark today, inching closer to its previous all-time high of $69,044 set on November 10, 2021. Currently trading at $65,202.17, Bitcoin recorded a substantial 5% gain for the day. With a market capitalization of approximately $1.27 trillion and a dominance of 50.2%, Bitcoin’s latest rally reflects renewed investor interest and growing confidence in the…

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Bitwise CIO Forecasts Bitcoin Price of $100,000 - $200,000 for 2024

During a recent CNBC interview, Bitwise’s Chief Investment Officer made an ambitious projection for Bitcoin’s price in 2024, foreseeing it reaching between $100,000 and $200,000 or even higher. The CIO attributed this bullish forecast to the significant demand for Bitcoin coupled with a limited supply. In a recent CNBC interview, Matt Hougan, the Chief Investment Officer (CIO) of Bitwise Asset…

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Michael Saylor's Bitcoin Holdings Surge by $700 Million in a Week

MicroStrategy’s chairman and bitcoin evangelist, Michael Saylor, has seen a significant surge in his wealth this week, as his company’s shares jumped by 40% amidst bitcoin’s rally to its highest level since November 2021. Saylor’s strategy, built around bitcoin, has proven to be highly lucrative, with MicroStrategy’s stock prices soaring. Built Around Bitcoin MicroStrategy’s chairman and…

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a16z's Token Claim Crumbles: Investments Tell a Different Story

Andreessen Horowitz (a16z), the Silicon Valley venture capital giant, has long championed itself as a visionary leader in the crypto space, boasting of its “crypto native” expertise and touting the transformative potential of Web3 technologies. However, a closer look at a16z’s investment portfolio raises questions about the firm’s true commitment to its publicly stated ideals. While a16z has…

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Kennedy Campaign Shakes Up Race with Bitcoin Pledge and Anti-CBDC Stance

Kennedy Vows to “Break the Chains of Central Banking” with Bitcoin-Backed Platform, Drawing Fire from Rivals and Regulators. In a move that sent shockwaves through the political landscape, Senator John F. Kennedy Jr. yesterday unveiled a bold campaign platform that positions Bitcoin as a cornerstone of his economic policy and pledges staunch opposition to the development of a Central Bank…

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Diving into TAO: Technical Analysis and Investor Interest Explained

TAO, an emerging digital asset with a unique focus on real-world asset tokenization, has recently attracted attention from investors interested in utilizing technical analysis (TA) to understand its price movements. But what exactly is TAO, and why are investors particularly drawn to analyzing its price action? This report delves into the potential of TA for TAO and explores the factors driving…

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OpenSea Eyes Potential Acquisitions, Leaving its Crypto Future Uncertain

The world’s largest NFT marketplace, OpenSea, might be changing hands. CEO Devin Finzer revealed they’ve received acquisition interest and remain open to the possibility, though actively seeking buyers. This news sends ripples through the already volatile crypto space, leaving questions about OpenSea’s future leadership and the broader NFT landscape. An Open-Minded Approach While Finzer…

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2023: A Year of Blazing Trails for BNB Chain

BNB Chain, the leading blockchain platform for decentralized applications, delivered on its promise of providing scalable, secure, and user-friendly solutions for the Web3 era in 2023. The platform launched several groundbreaking features and initiatives that enhanced its performance, interoperability, and accessibility. Here are some of the highlights of BNB Chain’s stellar year as announced by…

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Someone Just Dumped 39 Penguins for 438 ETH (Approx. $1,02 Million)

CirrusNFT made a tweet that sent shockwaves through the NFT market, reporting a significant Penguin sale. According to him, a collector dumped 39 Pudgy Penguins making more than a million dollars from the sale. CirrusNFT confirmed via Twitter that a staggering 39 Penguins were dumped from the collector’s collection, fetching a hefty 438 ether (roughly $1.02 million) in the process. While details…

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Binance BTC/USDT Contract Briefly Balloons to $420,000

Singapore, December 29, 2023 – In a bizarre market incident, the price of Binance’s BTC/USDT perpetual contract inexplicably surged from around $42,000 to a staggering $420,000 multiple times throughout the day. This explosive rally, occurring on the world’s largest cryptocurrency exchange, sent shockwaves through the Bitcoin trading community. Showing awareness of the situation, the Binance…

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FTX Creditors Cry Foul Over "Disastrously Low" Asset Valuations

New York, NY – December 29, 2023 – A December 27 court filing revealed a potential flashpoint in the ongoing FTX bankruptcy saga. According to the filing, the now-defunct exchange is seeking court approval to estimate its customers’ digital asset claims based on their value on the date of FTX’s collapse, November 11, 2022. This proposal assigns prices of $16,871 for Bitcoin, $1,258 for Ethereum,…

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India Warns Nine Crypto Exchanges to Block Access or Face Action

India’s finance ministry has issued compliance notices to nine offshore cryptocurrency exchanges, including Binance and Kucoin, asking them to block their websites in India or face legal consequences. The notices, sent on December 27, 2023, said the exchanges had failed to register with the authorities and comply with the anti-money laundering (AML) and counter-financing of terrorism (CFT)…

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Vitalik Buterin Hails Progress on Ethereum’s Rollup Scaling

Vitalik Buterin, the co-founder of Ethereum, expressed his optimism about the development of rollups, a layer 2 scaling solution that aims to increase the throughput and lower the fees of the network. In a Warpcast on December 27, 2023, Buterin said, “I’m really happy we have one unambiguously stage 1 rollup (and a couple more very-close-to-stage-1 rollups) this year. Real decentralization.…

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Ordinals Website Hit by First DDoS Attack, NFT Minting Disrupted

Ordinals, a protocol for creating NFT-like assets on Bitcoin, said its website was targeted by a distributed denial-of-service (DDoS) attack on Monday, affecting its ability to mint new inscriptions. A DDoS attack is a malicious attempt to disrupt the normal operations of a website or service by overwhelming it with a flood of Internet traffic. Ordinals said the attack was launched from multiple…

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