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Crypto Markets Face Liquidity Crisis Amid Recent Sell-Offs
August 13, 2024
Crypto markets continue to grapple with liquidity fragmentation, leading to persistent price discrepancies across exchanges, according to a recent Kaiko report. These disparities are diminishing over time but remain prominent …
Read moreEl Salvador Secures $1.6 Billion Investment for Bitcoin City Port Transformation
August 13, 2024
In a historic move, El Salvador’s President Nayib Bukele announced that Turkish firm Yilport Holdings will invest $1.6 billion to upgrade two key ports, Acajutla and La Unión. This investment …
Read moreSEC Charges NovaTech Founders In Alleged $650 Million Fraud Scheme
August 12, 2024
The U.S. Securities and Exchange Commission (SEC) has filed charges against the founders and eight promoters of NovaTech, an alleged crypto pyramid scheme said to have defrauded investors of $650 …
Read moreVenezuelans Turn to VPNs Amid Government's Crackdown on Binance Access
August 12, 2024
Binance has recently confirmed that the Venezuelan government has imposed access restrictions on its website, adding to the turmoil following the controversial presidential election results. The exchange assured users that …
Read moreFamily Raises Alarm Over Detained Binance Exec’s Declining Health in Nigeria
August 12, 2024
The family of Tigran Gambaryan, a Binance executive who has been detained in Nigeria, has expressed grave concerns regarding his deteriorating health and lack of legal access. In a statement …
Read moreBitcoin Faces Tough Times Ahead In Usual 33rd Week Dip
August 12, 2024
Bitcoin Struggles in 33rd Week of the YearThe cryptocurrency market is experiencing turbulence as Bitcoin dips below $60,000, continuing a trend observed in the 33rd week of the year. Historical …
Read moreTether Dismisses Celsius Lawsuit as Baseless and Vows to Defend in Court
August 12, 2024
Tether Limited, the issuer of the largest stablecoin USDT, has strongly dismissed a lawsuit filed by Celsius Network Limited. In a press release on Saturday, Tether accused the defunct crypto …
Read moreUnderstanding MEV (Maximal Extractable Value): An Advanced Concept in DeFi
August 12, 2024
Maximal Extractable Value (MEV) is a paramount concept in the decentralized finance (DeFi) ecosystem. MEV represents the maximum value that can be extracted from block production in excess of the …
Read moreBitcoin Sees Largest Rally Since February 2022 Amid Market Recovery
August 10, 2024
Bitcoin experienced a significant price rally on Thursday, surging by 12%, marking its largest single-day increase since February 2022. This upward movement in the leading cryptocurrency's value came as risk …
Read moreAdvanced Crypto Concept: Prediction Markets in Crypto
August 10, 2024
Prediction markets are decentralized platforms where users can bet on the outcome of future events using cryptocurrencies. These markets leverage the wisdom of the crowd to forecast a wide range …
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