In a stunning turn of events, a mysterious wallet emerged from the depths of the crypto world, orchestrating a massive transfer of 17,895,970 MATIC tokens, equivalent to a staggering $14.7 million, directly into Coinbase. This surprising twist sent shockwaves reverberating throughout the digital landscape, capturing the attention of cryptocurrency enthusiasts and investors alike. As a
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Dogecoin (DOGE) has been making significant moves in the cryptocurrency market recently. After reaching its highest level since July, there is speculation that DOGE could experience a near-term pump towards yearly highs. This article examines the factors that could contribute to Dogecoin’s rise and the challenges it may face along the way. As Bitcoin continues
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In a bold move to redeem their tainted reputation and address the challenges that led to the downfall of their previous employer, former executives of FTX have come together to establish a new cryptocurrency exchange. Trek Labs, a Dubai-based start-up, recently obtained a license from the Emirate’s crypto regulator, marking the beginning of a new
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Ripple CEO Brad Garlinghouse recently expressed his dissatisfaction with the U.S. Securities and Exchange Commission’s (SEC) actions towards the cryptocurrency industry. He believes that the regulatory agency’s approach has failed in protecting investors and is stifling growth. Speaking at the Ripple Swell conference in Dubai, Garlinghouse questioned the SEC’s focus and raised concerns about who
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The cryptocurrency market has seen a surge in the price of Solana (SOL), the cryptocurrency that powers the high-performance, smart-contract-enabled Solana layer 1 blockchain protocol. Over the past week, SOL has experienced a 44% rally, testing the $60 mark. Currently, SOL/USD is trading around $59.5, showing a 5% increase for the day. However, the price
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In a devastating blow to decentralized finance (DeFi) platform Raft, a hacker managed to steal approximately $3.3 million worth of Ethereum (ETH). However, what initially seemed like a successful heist quickly turned sour for the attacker. Despite successfully draining 1,577 ETH from Raft, they faced a setback as they sent 1,570 ETH to a burn
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