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Crypto News
Crypto Stocks Surge as Interest Spikes Following BTC Ye…
The cryptocurrency market is currently riding a wave of optimism as Bitcoin, the bellwether of the digital asset space, soared to a yearly high of $42,000. Crypto stocks have also enjoyed bullish momentum as the crypto market recovers.…
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Cosmos-based networks Umee and Osmosis to merge, creating ‘DeFi Hub’
Cosmos-based networks Umee and Osmosis will merge via a software upgrade, according to a Dec. 4 announcement. Umee’s UX Chain code will be reimplemented on the Osmosis chain, allowing features of the two networks to be combined and creating…
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ParaSpace to continue NFT lending as it rebrands to Parallel Finance
Despite rebranding to Parallel Finance for a greater focus on the decentralized finance (DeFi) ecosystem, the nonfungible token (NFT) lending protocol ParaSpace will continue to focus on its core product amid sector woes.In a conversation…
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El Salvador’s Bitcoin portfolio swings to profit
According to a Dec. 4 post by Salvadoran President Nayib Bukele, the country’s cumulative Bitcoin (BTC) investments currently amount to $131 million with a net profit of $3.6 million, for a total gain of 2.84%.“Of course, we have no…
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Brazil’s Largest Bank Ventures into Bitcoin, Ethereum T…
Itau Unibanco, Brazil’s largest bank, has officially entered the cryptocurrency exchange market, launching a trading service for its investment platform clients.
The service debuted on Monday and enables users to trade…
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How blockchain improves daily healthcare routine, explained
The significance of blockchain in the daily healthcare routine Blockchain has the potential to revolutionize healthcare by preserving data integrity, fostering better teamwork, and…
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BTC price nears $40K as as Bitcoin trader eyes return t…
Bitcoin (BTC) held closer to the $40,000 mark on Dec. 3 after weekend gains reinforced a “strong” uptrend.BTC/USD 1-hour chart. Source: TradingViewBitcoin leaves $60 million in shorts hangingData from Cointelegraph Markets Pro and…
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KyberSwap hacker wants control, law firm says Aussie DeFi tax rules ‘non-binding’: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The hacker who stole over $46 million from the DeFi…
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FTX and Alameda transfers another $22M worth of crypto asset
Blockchain analysis firm Lookonchain reported that cryptocurrency powerhouses FTX and Alameda Research are actively engaged in a substantial transfer of digital assets, amounting to an impressive $22 million. The diverse cryptocurrency mix…
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AntPool Commits to $3 Million Bitcoin Transaction Fee Refund
Bitcoin mining pool AntPool has made headlines by agreeing to refund a record $3 million transaction fee. This decision, however, comes with a stipulation: the owner must verify their identity before December 10, 2023.
This decision…
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