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Bitcoin Skyrockets to $35,900 Amid Massive Influx and Short Squeeze

November 8, 2023

Bitcoin Surges Amid Inflows and Short SqueezeOn November 7, Bitcoin surged past the $35,000 mark, triggering a massive stream of activity within crypto exchanges. Exchanges saw one of the largest …

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Binance Introduces Web3 Wallet Amidst Declining Market Shares

November 8, 2023

Leading cryptocurrency exchange Binance has unveiled its new Web3 wallet, intended to provide its 120 million registered users with a more decentralized online experience. Announced at the Binance Blockchain Week …

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OpenSea Investor Drastically Cuts Valuation of NFT Marketplace

November 8, 2023

U.S. tech investment firm, Coatue Management, which is a co-lead investor for OpenSea, the non-fungible token (NFT) platform, has reportedly decreased the value of its stake by 90%. The news …

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Ripple and Onafriq Develop Cross-Country Payment Corridors

November 8, 2023

Ripple is set to enhance cross-country payment corridors across 27 African nations in conjunction with Australian, British, and Gulf countries, facilitated through a partnership with African mobile payment provider, Onafriq. …

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Exploring Deep: Boosting Gaming Experiences with AI Tools

November 8, 2023

In the ever-evolving world of gaming, a significant technological revolution is underway which focus on enhancing game development with the integration of AI tools. The partnership between Xbox and Inworld …

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IBM Dedicates $500M to Advance Generative AI via New Venture Fund

November 8, 2023

IBM has propelled a $500 million venture fund intense on driving enterprise AI. The fund, structured to stimulate innovation and produce returns by investing in startups that speed up generative …

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Major Crypto Developments: Coinbase Ends Bitcoin SV Support, BUSD Supply Dips Below $2B

November 8, 2023

The notable cryptocurrency exchange, Coinbase, completely terminated support for Bitcoin SV (BSV), following its earlier decision to de-list BSV in 2021. Meanwhille, Binance's Binance USD(BUSD) saw a significant dip in …

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Tokenization Heralds Potential While Crypto Continues to Pose Risks, says Acting OCC Chief

November 7, 2023

While expressing general skepticism over the cryptocurrency industry, Michael Hsu, the Acting Chief of the U.S. Office of the Comptroller of the Currency (OCC), touched upon the noteworthy potential of …

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Altcoins XRP, Cardano, and Solana Outperform Crypto Market

November 7, 2023

Despite the overall crypto market downturn from the 2021 and 2022 bull battles, several altcoins are successfully staying afloat. Leading the pack are XRP, Cardano (ADA), and Solana (SOL), all …

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Web3 Technology and Fiat On-Ramps Revolutionize Traditional Sectors

November 7, 2023

The rising influence of Web3 technology in transforming traditional sectors was explored at the Newconomics 2023 event and the European Blockchain Convention. At these events, the potential of the Web3 …

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