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news-08112024-212403

Binance Labs Invests in DeSci Platform: BIO Protocol Revolutionizing Blockchain Technology

Binance Labs, the venture capital arm of Binance, has made a strategic investment in the BIO Protocol platform, signaling its entry into the world of decentralized science funding. This move marks a significant milestone...
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California Regulators Permanently Revoke BlockFi’s License for Unethical Lending Practices

The California Department of Financial Protection and Innovation has taken strict action against BlockFi, a crypto lending platform, by permanently revoking its lending license due to unethical lending practices and regulatory issues. This decision...
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Enhancing Cross-Chain Capabilities: LetsExchange Introduces Crypto Bridge Mode

LetsExchange has recently introduced a new feature called the crypto bridge mode, which aims to enhance users' crypto exchange experience. This new mode allows users to transfer coins and tokens across different blockchain networks...
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Spark Introduces On-Chain Order Book for Ethereum Trading

Spark, a decentralized protocol, has recently introduced an on-chain order book for Ethereum (ETH) trading by utilizing layer-2 chain Fuel Network technology. This new system aims to provide fast execution for professional, institutional, and...
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Pay Taxes in Crypto with PayPal: Detroit’s New Payment Option

Detroit residents will soon have the option to pay their taxes and other city fees using cryptocurrencies through PayPal, as announced by the Detroit Office of the Treasury. The new payment method is expected...
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Square to Increase Bitcoin Mining Investment and Close ‘Web5’ Project

Jack Dorsey's company, Block (SQ), is shifting its focus towards developing equipment for bitcoin miners and its self-custody crypto wallet. This decision comes as the company plans to give up on its "Web5" project,...
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Understanding Crypto Swaps: A Simple Explanation

A crypto swap is like trading Pokemon cards online, but with digital crypto assets. Instead of using centralized exchanges, you can swap tokens directly on dedicated swap platforms or decentralized exchanges (DEX). This allows...
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Blockstream Opens Research and Development Center in Lugano: Latest Update

Blockstream, a prominent Bitcoin and blockchain technology firm, has recently established a research and development center in Lugano, Switzerland. This initiative, announced on November 7th, aims to drive financial technology innovation in the Bitcoin...
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SEC Challenges Kraken’s Defenses in U.S. Lawsuit

The U.S. Securities and Exchange Commission (SEC) has challenged Kraken's defenses in a lawsuit filed in November 2023. The SEC called Kraken's defenses "legally unsupportable" and asked for their dismissal. The regulator filed a...
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Cardano Whale Shifts ADA Holdings to SUI and INTL for 5,550% Rally in 2025

Savvy investors are always on the lookout for profitable opportunities in the crypto market. With Cardano facing bearish trends and lack of interest from investors, many are shifting their focus to more promising investments...