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Web3 has had severe scalability concerns. But application sidechains have emerged as a viable answer to crypto’s most persistent problem. By far, the innovation with the most impact in the Web3 world this year is the sidechain. The highest-volume blockchain providers in the world — Binance, Polygon, Ankr and Avalanche — have all recently released...
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Twitter’s secrecy on fake and spam account numbers on the platform is the main reason for tech mogul’s decision, a Friday letter revealed. In an unexpected turn of events, Tesla CEO Elon Musk announced his intention to end the $44 billion Twitter deal via a letter sent to the board of the social media giant....
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Data shows Ethereum options traders are less bearish that before, and margin-based markets recently saw some investors go ultra-long on 491,000 ETH. Ether (ETH) price is up 16% since July 1 and has outperformed Bitcoin (BTC) in the last 7 days. The move could be partially driven by investors clinging to their hopes that the...
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Brainard says if crypto remains unregulated as it is integrated into the larger financial system, it will bring risks of instability of the type currently being seen. Brainard spoke the most general terms throughout her speech. She highlighted performance issues that have been seen in cryptocurrency recently, such as volatility, correlation with risky equities, liability...
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Majority of the top-100 DeFi tokens broke out of three week long bearish phase and registered double digit gains over the past week. Welcome to Finance Redefined, your weekly dose of key decentralized finance (DeFi) insights, a newsletter crafted to bring you some of the major developments over the last week. This past week, the...
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Bitcoin and select major altcoins have risen from their recent lows, signaling an increase in volatility in the near term. Bitcoin (BTC) rallied to the 200-week moving average on July 8, a level that could act as a battleground between the bulls and the bears. Several analysts are watching this level because a break and...
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The FSA and Japan’s Finance Ministry previously warned crypto firms against processing transactions involving sanctioned individuals or entities, subject to fines or imprisonment. Officials representing the United States government have reportedly urged Japan’s licensed cryptocurrency exchanges to stop doing business with Russia, seemingly as part of the country’s economic sanctions. According to a Thursday report...
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Crypto bear markets are rough, but there are five moonshot events that could turn the ship around. Much to the chagrin of cryptocurrency investors across the ecosystem, the bear market has officially set in and brought with it devastating price collapses that have left relatively few unscathed.  As the popular topic of conversation now centers...
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As the search for an elusive Bitcoin bottom continues, at least one United States miner was forced to liquidate a portion of its holdings in June. Those of us anxiously awaiting a summer relief rally for Bitcoin (BTC) may have to wait a little while longer. The bear market is still cleansing us of our...
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Jason Fung said he hopes to solve interoperability problems with Metaverse development through his new company Meta0. Cointelegraph had the opportunity to chat with Jason Fung, former head of gaming at TikTok, about his new company Meta0, why he decided to make the leap into Web3 and what he feels the future has in store...
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