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Binance Exchange has completed its 25th quarterly BNB burn, removing over $450 million worth of BNB from circulation. Binance Burns Over $450 Million in 25th Quarterly BNB Burn On the afternoon of October 16, 2023, according to Vietnam time, Binance announced the completion of its 25th quarterly BNB burn. #Binance
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Twitter (X) exploded on the evening of October 16 with rumors of the SEC approving BlackRock's iShares Bitcoin ETF proposal. Bitcoin "Virtual Pump" to $30,000 Due to Fake News of SEC Approval of BlackRock's Bitcoin Spot ETF Proposal The information was initially shared
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Bitcoin and the broader crypto market have seen a significant rebound as the U.S. prepares to release its Consumer Price Index (CPI) data, a key indicator of inflation for the world’s largest economy. Price Movements of Major Cryptos as of 08:45 AM on January 12, 2023. Source:
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Avalanche becomes the first blockchain to forge a partnership with Amazon’s cloud computing platform. On January 11, both parties announced that Amazon Web Services (AWS) has officially partnered with Ava Labs, the team behind Avalanche, to promote and scale blockchain technology applications across businesses, organizations, and governments. It’s
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BitDAO has officially launched the testnet for its Layer 2 scaling solution, Mantle, with 37,000 developers already signed up. This testnet will allow Mantle to trial and implement new features before its anticipated mainnet launch later this year. It is now available to the community, with developers encouraged to
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Bitcoin, the king of the cryptocurrency market, has surged 66% this year, outpacing many other altcoins. Bitcoin Dominance Exceeds 51%, Approaching Two-Year High. Photo: Crypto News BTC According to Tradingview data, the Bitcoin Dominance index - which measures Bitcoin's strength relative to the total cryptocurrency market capitalization -
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The co-founder of Polygon Labs proposed this initiative and suggested ApeCoin utilize their Chain Development Kit (CDK) to build a Layer-2 solution. Polygon Labs Aims to Develop Layer-2 Solution for ApeCoin On the evening of October 10, 2023, Sandeep Nailwal, co-founder of Polygon Labs, introduced a new initiative on the
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Bitcoin mining stocks have experienced a notable rebound early this week as traders flocked to the stock market, betting that the Fed might soon ease its aggressive stance against inflation. Leading Bitcoin mining companies in the U.S., such as Riot Blockchain (RIOT), Hut8 (HUT), Bitfarms (BITF), and Marathon Digital
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The Ethereum network is witnessing a resurgence in inflation due to declining activity and minimal transaction fees. Ethereum Network Experiencing "Reverse Inflation" As previously explained by Coin68, Ethereum transitioned to the Proof-of-Stake consensus mechanism and staking after The Merge, drastically reducing new coin issuance by up to 90%
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Ethereum Foundation has sold 1,700 ETH amidst growing concerns of inflation within the network and recent declines in activity. Inflationary Network, Ethereum Foundation Continues ETH Sales On the afternoon of October 9, 2023, on-chain data indicated that the Ethereum Foundation's labeled wallet address executed a swap of
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Deribit, the largest Bitcoin options trading platform by market share, has announced plans to list Solana (SOL), Ripple (XRP), and Polygon (MATIC) starting January 2024. Deribit Options Exchange Lists SOL, XRP, and MATIC According to the latest announcement, cryptocurrency options trading platform Deribit will begin supporting three additional coins -
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On the evening of October 6th, the Web3 community development platform Galxe fell victim to a hacker intrusion. Initial assessments suggest that this was a front-end takeover attack. Galxe Faces Front-End Attack On their website, Galxe announced that their project's website was no longer operational and that the