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Despite sparking controversy within the Bitcoin community, Ordinals NFTs have garnered increasing attention, with over 13,000 Ordinals minted in just two months since launch. As previously reported by Coin68, the Bitcoin community has been divided over the network’s primary use case—whether it should be focused solely on
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Justin Sun’s TRON blockchain has fulfilled its previous commitment to AI development with the establishment of a $100 million fund. On February 9, TRON announced the creation of its TRON AI Development Fund, allocating $100 million to support initiatives in artificial intelligence (AI). This move comes amid increasing media
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Tether, the issuer of the USDT stablecoin, has released its latest financial results, showing a net profit of $700 million for Q4 2022. On February 9, Tether published its latest asset report, audited by BDO. The auditing firm confirmed: “Tether’s reserves remain highly liquid, with the majority of investments
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LocalBitcoins, one of the oldest P2P crypto exchanges, has unexpectedly announced its closure "due to market conditions." On the evening of February 9, 2023, LocalBitcoins, a P2P Bitcoin exchange founded in 2013 and based in Helsinki, Finland, announced that it will be shutting down. 🧡💙 pic.twitter.com/4j5M7iZkaD
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Metaverse platform The Sandbox (SAND) has entered into a collaboration agreement with the Saudi Arabian government, causing a significant surge in the price of SAND. According to a LinkedIn post by The Sandbox COO Sebastien Borget, the project has secured a partnership with Saudi Arabia. The Sandbox team is currently
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The cryptocurrency market is experiencing a green wave following remarks from Federal Reserve Chair Jerome Powell. Market Swings After Fed Chair Jerome Powell's Speech Early on February 8 (Vietnam time), Federal Reserve Chair Jerome Powell delivered a speech on the U.S. economic outlook and monetary policy at
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Acala, a leading DeFi project on Polkadot, has unveiled a new solution to enable Ethereum Virtual Machine (EVM) compatibility for Polkadot projects. On the evening of February 8, Acala (ACA) announced the launch of the Acala EVM+ mainnet, a programming environment compatible with Ethereum Virtual Machine (EVM). This development will
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The RNDR token of Render Network, a blockchain-based GPU solution project, has surged by 80% over the past week following the approval of a new mint-and-burn token model. On January 31, Render Network's governance forum approved a proposal for a model balancing the issuance (mint) and destruction (burn)
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Tech behemoth Dell is set to join the governing council of Hedera, a proof-of-stake blockchain, alongside other industry giants like Google, FIS, and Abrdn. Following its appointment to Hedera Hashgraph's governing council, Dell will launch a consensus node to validate transactions on the Hedera network, while also managing
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Coinbase has recently made an intriguing revelation about a project speculated by the community to be launching a token: Lens Protocol. Coinbase Drops Hints About Lens Protocol Token On Twitter, numerous tweets have surfaced sharing links and price charts of the Lens Protocol token on Coinbase’s platform. Lens token
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Chiliz, the fan token project, has officially launched its own blockchain while introducing CHZ staking capabilities. On February 8, Chiliz (CHZ), known for issuing fan tokens for top sports organizations globally, celebrated its 5th anniversary by launching its own blockchain, named Chiliz Chain 2.0. Chiliz Chain 2.0 is
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The GFT token of Gifto has seen a significant surge over the past week following the project's rebranding and re-listing. Gifto Unveils New Brand – GFT Token Re-Listed From GTO to GFT Gifto, initially launched in 2017 by Asia Innovation Group (AIG) and CEO Andy Tian, was previously known