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Latest Blockchain and Crypto News



Cream Finance

Hacked Cream Finance will reimburse $18M in damage

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The developers of the Cream Finance decentralized protocol will reimburse affected users for the losses resulting from a recent attack using instant loans. The project will allocate 20% of the fees for this purpose until the entire amount is repaid. The developers are also ready to pay 10% of the...

Presearch in Europe

Android in Europe Adds Decentralized Search Engine Presearch

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Blockchain-powered decentralized search engine and a token ecosystem Presearch is now available for Android devices across Europe as an alternative option. On September 1, Google listed the browser. The majority of smartphone owners in Europe, around 70% use Android. Thus, the blockchain-based...

Men in crypto

Men are twice as likely to invest in cryptos as women

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Among crypto investors, there are twice as many men as women, according to a study by CNBC and Momentive (formerly Survey Money). Decrypt found out how this data is perceived in the industry. According to the survey, 16% of male respondents have invested in digital assets. Among women, this share...

Vitalik Buterin Ethereum regrets

Vitalik Buterin Talked About His Regrets About Ethereum

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Today, September 2 Vitalik Buterin answers followers’ questions through a Twitter AMA (Ask Me Anything). The youngest crypto billionaire has already expressed his views towards different blockchain and DeFi projects, Ethereum's development, NFTs, and more. Doing a random twitter experiment just...

Gensler

Gensler: Authorities need to protect investors with crypto regulation

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Gary Gensler, who is the head of the Securities and Exchange Commission (SEC), has repeatedly stated the need for the gradual implementation of legislation governing relations in the cryptocurrency industry. According to Gensler, the regulatory framework will ensure the protection of investors and...

Bitcoin

Number of BTC on Coinbase falls to a min since the end of 2017

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The Glassnode team recorded a sharp drop in the number of bitcoins (BTC) on the Coinbase cryptocurrency exchange. According to researchers, the volume of digital currency on Coinbase is now at its lowest level since December 2017. Moreover, the outflow of coins had continued since May of this year,...

cryptopunks

CryptoPunks creators will cooperate with talent agency from Hollywood

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The Larva Labs development team known from CryptoPunks has partnered with United Talent Agency (UTA), whose clients include Johnny Depp, Wes Anderson, and Susan Sarandon. In addition to actors and directors, the talent agency also partners with musicians, comedians, and digital artists who are...

Trump

Donald Trump says he doesn't trust cryptocurrencies

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Former US President Donald Trump has previously repeatedly criticized Bitcoin and the cryptocurrency market in general. According to him, such tools are used by criminal structures and rogue states. In addition, virtual currencies do not have any material support, which creates additional risks for...

Ethereum

High Ethereum fees are driving users to leave to other blockchains

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Ethereum transaction fees have started to rise since August 22nd. Last Friday, August 27, the average commission on the blockchain reached $ 38.3 - this is the highest value since May 2021. Ethereum fees have continued to climb despite recent updates from London and EIP-1559. Since mid-August, the...

South Africa

Another central bank joins the camp of bitcoin opponents

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Many central banks periodically criticize Bitcoin and other digital currencies. Last week, the People's Bank of China criticized digital currencies and urged citizens to stay away from such instruments. The Reserve Bank of South Africa has joined those regulators who refuse to recognize digital...

Ethereum Arbitrum One

Ether Surges After the Scaling Solution Arbitrum One Release

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On August 31, the mainnet of Ethereum scaling solution Arbitrum One went public. The EVM-compatible platform with optimistic rollups techniques aims to reduce the fee cost of transactions and scale Dapps. WE KNOW YOU'VE BEEN WAITING...WE'RE PROUD TO ANNOUNCE...📘ARBITRUM ONE📘BRIEF...

El Salvador

In El Salvador protests began against the legalization of BTC

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Residents of El Salvador protested against the country's first cryptocurrency legalization. They are worried about the rise of corruption. The Salvadoran Association of International Freight Carriers has demanded an amendment to the bill, removing the obligation to accept digital gold as payment....

FTX CEO

FTX CEO calls crypto derivatives "misunderstood" tools

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Critics of cryptocurrency derivatives do not understand how important these financial instruments are in increasing the liquidity and efficiency of digital asset markets. The head of the FTX platform, Sam Bankman-Fried, said this in an interview. “This is a somewhat misunderstood area. Many...

OpenSea

OpenSea NFT Marketplace Trading Volume Exceeds $3B

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Over the past 30 days, the NFT-centric OpenSea platform has had a trading volume of $ 3.11 billion. During the month, the marketplace recorded more than 195,000 unique users who made 2.22 million transactions. According to Dune Analytics, in August the marketplace's trading volume exceeded the...

US Treasury crypto news

The US Treasury Proposes Data-Sharing Crypto Rules

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The national treasury of the US proposes to adopt new crypto reporting rules in a $3.5 trillion budget reconciliation bill. Roll Call, a Washington D.C. website delivering Congress news, posted a report. An administration official whose identity is disclosed told Roll Call the Treasury proposed...

UAE

Bittrex CEO praises UAE for creating conditions for crypto development

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According to Steven Stonberg, CEO of the Bittrex cryptocurrency exchange, the United Arab Emirates has real opportunities to become a center for the development of blockchain technologies. One of the largest cities in the Middle East, Dubai is already on the list of innovative regions. If a...

Solana surges above $110

Solana (SOL) Reached a New High Breaking Above $119

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Gaining over 20% in the previous 24 hours, Solana's SOL token set a new record. After breaking the $100 milestone, it went higher and surged to $119. On August 27, Solana tweeted about some new incentive called "Ignition" which will come on August 31. Ignition will last till October 8....

Hack

Hackers hacked hot wallets of Bilaxy bitcoin exchange

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Seychelles-based cryptocurrency exchange Bilaxy reported a hot wallet hack. Users were advised to refrain from making deposits. The company does not disclose the amount of damage. On the night of August 28-29, Bilaxy suddenly stopped working. According to MyCrypto security analyst Harry Denley, the...

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