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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
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Investment firm MicroStrategy has announced its latest Bitcoin acquisition valued at $6 million. Why Did MicroStrategy's Latest $400 Million Bitcoin Purchase See BTC Prices Drop? On the evening of September 20, MicroStrategy Chairman Michael Saylor revealed that his company made its first Bitcoin (BTC) purchase of Q3 2022,
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Bitcoin has once again plunged the cryptocurrency market into a “sea of flames.” Unlike the similar scenario in late August, this time the situation is expected to be much worse. After experiencing a series of “rollercoaster” movements over the past two weeks—rising sharply before the US CPI announcement, then
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Despite maintaining a stable price amidst a turbulent market over the past month, Kyber Network (KNC) experienced a sudden and severe price drop, raising concerns within the community. On the night of September 18, while Bitcoin was plummeting to $19,300 in the early hours of September 19, Kyber Network
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As previously warned, a replay attack has occurred on Ethereum's first Proof-of-Work blockchain—ETHPoW. What is a Replay Attack? A replay attack is a type of security breach where transactions executed on a Proof-of-Stake (PoS) chain are duplicated and replayed on a Proof-of-Work (PoW) blockchain (or vice versa)
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The legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs seems to be approaching a potential resolution, according to recent developments from both sides. The SEC sued Ripple Labs, along with executives Brad Garlinghouse and Chris Larsen, in December 2020. The lawsuit alleges that Ripple
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On schedule, on September 19, the DeFi platform Coin98 Super App unveiled its latest product: the Coin98 Dollar (CUSD) stablecoin. Coin98 Dollar (CUSD) is a decentralized stablecoin branded by Coin98 Super App, a leading DeFi application in the crypto space. Known within the Vietnamese crypto community, the project’s founders
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In a notable move within the stablecoin market, Binance has announced support for BUSD on new networks. On September 19, Binance announced that it will now support BUSD deposits and withdrawals on the Avalanche and Polygon networks. Importantly, this support includes native BUSD, marking a significant step in expanding the
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As competition among Layer-1 blockchains intensifies, finding solutions to scale blockchain networks, speed up transaction processing, and reduce transaction fees has become crucial. Solana, known for its reputation of being "fast and cheap," has faced some challenges. Recognizing the need for additional support, Solana has announced the launch
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The second-largest cryptocurrency, Ethereum (ETH), has experienced a significant drop over the past 12 hours following the successful implementation of The Merge. Price Volatility of Major Cryptocurrencies as of 09:25 AM on September 16, 2022. Source: Coin360 On the morning of September 16, ETH’s price dipped to $1,