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Recently, the Eclipse infrastructure project completed a $9 million seed funding round led by Tribe Capital and Tabiya, bringing the total raised to $15 million following an earlier $6 million pre-seed round. This funding marks a significant step forward for blockchain projects built on the Solana Virtual Machine (SVM). The
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Since Ethereum's successful transition to Proof-of-Stake (PoS), many coins benefiting from this change have rapidly declined in value. However, one notable exception, Ethereum Proof-of-Work (ETHW), has emerged as a hot topic in the community. But will this project prove to be sustainable? What’s Left After The Merge
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Ethereum gas fees have been hitting new lows over the past two years. Have users decided to leave the network? Ethereum Gas Fees Continue to Hit New Lows – Are Users Leaving? Current Context High Ethereum transaction fees have always been a hot topic in the crypto community. However, compared to
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Blockchain project Harmony Protocol (ONE) has shared an update on its compensation plan following the Horizon Bridge hack that occurred in June 2022. The incident began on June 24, 2022, amidst a wave of cross-chain hacks, with Harmony’s Horizon Bridge also falling victim, resulting in an estimated loss of
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The cryptocurrency exchange Binance has decided to reverse course and burn all trading fees for LUNC to appease its users. As reported by Coin68, one of the hot topics in the crypto community over the weekend was Binance CEO Changpeng Zhao’s refusal to implement a 1.2% burn mechanism
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Binance, one of the leading cryptocurrency exchanges, has made its first official statements regarding the 1.2% burn tax proposal for LUNC transactions. The Terra Classic LUNC Burn Proposal As explained by Coin68, since the collapse of the LUNA-UST project in May 2022, there have been significant changes worth noting.
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Following Ethereum's The Merge, Cardano has now completed its Vasil hard fork. The question remains: Will Cardano (ADA) experience a similar fate as Ethereum with its post-upgrade price action? Relentless Effort Cardano founder Charles Hoskinson has acknowledged that this is “the most challenging update we’ve ever undertaken,
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Top stablecoin Tether (USDT) has recently made headlines by extending its development to the Polkadot blockchain. This move once again draws significant attention to the highly competitive stablecoin sector. Tether announced via its official Twitter that it will now support a native token on the Polkadot blockchain. Tether Tokens (USD₮
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After Ethereum’s Merge comes The Dump – could Cardano (ADA) face a similar fate following the Vasil hard fork? Endless Efforts Cardano's founder, Charles Hoskinson, admitted that this is “the hardest update we’ve ever done,” as it involves nearly all technical layers within the Cardano network. The
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On the morning of September 22, 2022, the cryptocurrency market experienced a significant downturn following the Fed's announcement of its latest interest rate hike. Price Movements of Leading Cryptocurrencies at 08:25 AM on September 22, 2022 Source: Coin360 As highlighted in Coin68's article on key
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In a civil complaint, the U.S. Securities and Exchange Commission (SEC) asserts that it has jurisdiction over all Ethereum transactions. On September 19, the SEC charged crypto investor and YouTuber Ian Balina with violating U.S. Securities laws for being involved in an unregistered ICO offering in 2018. In
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The ongoing legal battle between the SEC and Ripple might favor Ripple as the CFTC takes a more “friendly” stance toward the company. On September 20, 2022, XRP experienced a notable price increase as the Commodity Futures Trading Commission (CFTC) appears to be warming up to Ripple, despite the ongoing
