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Optimism's Private Token Sale: A Boon For Treasury, Or A Sign Of Things To Come?
Thursday, September 21, 2023 - 12:33pm | 381The Optimism Foundation will conduct a private token sale, amounting to approximately 116 million (CRYPTO: OP) tokens. This move involves seven buyers and is primarily aimed at treasury management, the foundation said. The tokens, originating from the Unallocated segment of the OP Token treasury,...
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CoinMarketCap's 'Killer Whales': The Shark Tank Of Web3 And NFT Entrepreneurship
Monday, May 1, 2023 - 2:17pm | 488Popular cryptocurrency tracking firm CoinMarketCap is diving into the realm of reality TV with the launch of a new contest show called "Killer Whales." In partnership with Web3 entertainment company Hello Labs, the series takes cues from the popular show "Shark Tank" and aims to...
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Wash Trading, A Form Of Market Manipulation, Is High Among Crypto Exchanges: Study
Thursday, December 29, 2022 - 10:18am | 471Some 70% of unregulated cryptocurrency exchange transactions are wash trading. That's according to a new study from the National Bureau of Economic Research (NBER). Wash trading, the practice of buying and selling a security for the purpose of creating the appearance of increased trading volume...
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Kraken To Exit Japanese Market For Second Time: Why The World's Third Biggest Exchange Is Leaving
Wednesday, December 28, 2022 - 9:57am | 607Cryptocurrency exchange Kraken on Wednesday announced that it will stop offering trading services through its subsidiary, Payward Asia, in Japan on January 31, 2023, and deregister from the Financial Services Agency of the Asian nation. This marks Kraken's second exit from the...
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This Crypto Exchange Was Fined Over $360K By US Government For Allowing Crypto Transactions In Iran
Tuesday, November 29, 2022 - 1:15pm | 412Kraken, one of the top crypto exchanges by trading volume, has agreed to pay up more than $360,000 in a settlement for violating U.S. sanctions against Iran. The exchange was charged with “potential civil liability for apparent violations of sanctions” against the Middle Eastern...
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If You Invested $100 In Shiba Inu When The Coin Launched, Here's How Much You'd Have Now
Thursday, November 3, 2022 - 10:38am | 452Cryptocurrency Shiba Inu (CRYPTO: SHIB) has built a loyal following of fans and investors since launching in August 2020. Here’s a look at how much money people who got in at the start have made. What Happened: Shiba Inu launched in August 2020 as a similarly themed cryptocurrency to...
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Father-Son Team Sentenced To Five Years Each For Laundering Cannabis Bitcoin Cash, Here's What Happened
Thursday, June 2, 2022 - 11:25am | 464The Department of Justice sentenced dad Kenneth Rhule and son Keith Rhule to five years for breaking some serious federal rules: conspiracy to manufacture and distribute cannabis and money laundering. What the duo had apparently intended to do with an undercover agent made their case even...
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Michael Saylor Has No Regrets About $4B Bitcoin Loss, Likens Apex Coin To 2001 Amazon Stock Or Pre-IPO Facebook
Wednesday, June 1, 2022 - 12:57am | 673One of the most prominent bulls of the future of Bitcoin (CRYPTO: BTC) has been Michael Saylor. The CEO of MicroStrategy Inc (NASDAQ: MSTR) has put his money where his mouth is, investing his own personal money and revenue from his software company into the cryptocurrency. Here is an update on...
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Why Is Shiba Inu Trending On CoinMarketCap?
Thursday, March 17, 2022 - 2:07pm | 657The cryptocurrency space has experienced considerable volatility thus far in 2022 amid abounding risks. Meme coin Shiba Inu (CRYPTO: SHIB), which peaked slightly ahead of most of its peers in 2021, experienced a steep sell-off at the start of 2022. For the year-to-date period, Shiba Inu has...
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Crypto Prices Go Haywire On CoinMarketCap; Hack Suspected
Tuesday, December 14, 2021 - 6:36pm | 589Shortly before 5 p.m. ET on Tuesday, one of the world's biggest cryptocurrency websites went haywire, with wildly inaccurate prices appearing on the site, and with several relatively unknown coins listed in the top 10. CoinMarketCap began showing the massive numbers for assets like Bitcoin...
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Did CoinMarketCap FBI Warning Cause Saitama Inu Coin Price To Crash?
Thursday, November 18, 2021 - 11:49pm | 891Saitama (CRYPTO: SAITAMA) traded 11.8% lower over 24 hours at $0.00000006878 at press time. What’s Moving? The coin has declined 32.7% over a seven-day trailing period. SAITAMA fell 5.86% and 5.94% against Bitcoin and Ethereum, respectively. SAITAMA, whose name is drawn from...
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I Have $1,000. Should I Invest In Cannabis, Crypto Or Psychedelics?
Friday, November 12, 2021 - 2:04pm | 1011Portfolio diversity is always ideal, but what if you had to go all in on just one with exactly $1000 to invest? While some advise to play it safe, others opt for the more risky but potentially rewarding investment strategies, focusing on nascent spaces like crypto, psychedelics and cannabis....
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Shiba Inu Chases Dogecoin's Tail In A Sudden Memecoin Flippening
Wednesday, October 27, 2021 - 5:05pm | 467Depending on which crypto price-tracking site you look at, Shiba Inu (CRYPTO: SHIB) overtook Dogecoin's (CRYPTO: DOGE) market cap on Wednesday, endangering DOGE's leadership in the memecoin market. What Happened: Both Shiba Inu and Dogecoin have a market cap...
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Is This Crypto Investment Strategy Right For Cannabis?
Wednesday, October 20, 2021 - 8:35am | 865You got to know when to HODL 'em, and know when to fold 'em. If you're a crypto investor or a fan of long-term holdings, then the strategy may already be part of your process. With cannabis awaiting federal legalization in the U.S. and further market maturation overall, some believe...
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Has HEX Cryptocurrency Overtaken Cardano And Dogecoin In Market Capitalization?
Thursday, September 9, 2021 - 2:13am | 681HEX (CRYPTO: HEX), a cryptocurrency associated with a project that claims to be the first blockchain certificate of deposit, has soared in market capitalization ahead of Cardano (CRYPTO: ADA), Solana (CRYPTO: SOL), and Dogecoin (CRYPTO: DOGE), if CoinMarketCap data is to be believed. What...