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PayPal’s new stablecoin $PYUSD has the ability to pause transfers, freeze addresses, and burn tokens in frozen addresses.
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Valkyrie amends its Bitcoin Futures ETF to include Ethereum futures, potentially becoming the first to launch such an ETF.
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Institutional investors have ceased betting against Bitcoin, as indicated by CoinShares’ latest fund data.
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Brazil introduces a new digital currency called DREX.
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Brazil’s President reaffirms the call for de-dollarization and discusses BRICS expansion.
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Steadefi experiences an exploit, leading to a warning that all funds are at risk.
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Circle’s CEO notes that 70% of USDC adoption comes from outside the US.
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Many early blockchain games are criticized as “cash grabs” by Twitch streamer Alliestrasza.
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Solana Dex Cypher Protocol falls victim to an exploit.
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Ripple becomes a member of a trade organization that hosts companies like BlackRock.
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Bitstamp crypto exchange aims to raise funds for global expansion with the guidance of Galaxy Digital.
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According to a new IRS ruling, staking rewards are taxed when you gain control over a token.
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Ripple Labs’ Chief Legal Officer raises concerns about potential conflicts of interest involving former SEC official Bill Hinman, citing comments from ex-SEC official John Reed Stark.
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Stablecoin deposits surge on Maker as DAI interest rates reach 8%.
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Hong Kong’s crypto license comes with a hefty $20 million price tag, welcoming all applicants.
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Telegram crypto bots gain momentum, with daily trade volumes hitting a record high of $10 million in July, according to a report by Binance Research.
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Singapore’s central bank commits $112 million to drive fintech innovation.
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Hong Kong regulator warns of criminal offenses by unlicensed crypto exchanges engaged in improper practices.
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Blockchain.com obtains a payment license from Singapore’s central bank.
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The UAE signs a deal to develop a carbon credit system on the Venom Foundation blockchain, aiming to reduce carbon emissions by 40% by 2030.
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Payments firm FOMO acquires tokenized securities firms CapBridge and 1exchange, which were backed by SGX.
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The FBI warns of crypto scammers posing as NFT developers.
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Dogecoin enters pop culture with an appearance on Futurama.
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Terra’s Do Kwon sells more Bitcoin to secure funding for lawyers.
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Huobi insolvency rumors are denied as USDT reserves decline on all exchanges except Binance.
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Sino Global files a $67 million claim against FTX-Alameda.
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DeFi total losses exceed $77 billion, with July recording the largest loss of 2023 at $389 million.
