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news-08112024-151911

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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Canadian Crypto Holding CEO Safely Returns After Paying $720K Ransom

The CEO of WonderFi, a publicly listed crypto holding company that owns one of Canada's largest crypto exchanges, has been safely released after he was kidnapped, Canada's CBC reported. Dean Skurka was briefly held...
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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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Total Number and Types of Cryptocurrencies: A Comprehensive Overview

The world of cryptocurrency has come a long way since the introduction of Bitcoin in 2009. What started as a promise of a new kind of money has now evolved into a global phenomenon...
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Navigating Cryptocurrency Trends for Financial Advisors After the Election

The recent US election results have had a significant impact on the cryptocurrency market, particularly with the victory of Donald Trump as the 47th president. As the vote count was underway, bitcoin reached a...
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French Regulator Examines Polymarket Operations for Compliance

French gambling regulator Autorite Nationale des Jeux (ANJ) is currently investigating the operations of Polymarket, a crypto-based prediction market that gained attention after a French national successfully bet on Donald Trump winning the U.S....
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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...