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Record $3.1M Fee Paid for Bitcoin Transfer

November 23, 2023

In an unprecedented turn of events, a Bitcoin user ended up paying a whopping $3.1 million in transaction fees to make a transfer of 139.42 Bitcoin (BTC). The fee in …

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Crypto Exchanges Face Scrutiny: Kraken Co-Founder Comments on Binance Investigation

November 23, 2023

Kraken co-founder Jesse Powell has criticised the U.S. Securities and Exchanges Commission's (SEC) 'convenience-oriented' approach to enforcement in the cryptocurrency industry. Powell suggests that major U.S.-based crypto businesses like Coinbase, …

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OpenAI's Breakthrough AI Model 'Q*' Linked to CEO Sam Altman's Ousting

November 23, 2023

A new report suggests that Sam Altman's recent temporary dismissal as CEO of OpenAI stems from the development of an innovative AI model known as 'Q*'. This model is described …

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Transaction Fees for Bitcoin Block 818,087 Skyrocket, Inactive Bitcoin Supply Hits Record High

November 23, 2023

Quick Take The Bitcoin blockchain ecosystem experienced a remarkable surge in transaction fees for block 818087, amounting over 85 Bitcoin- a staggering $3,194,590 million. This marked one of the most …

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South Korea Plans to Test CBDC with 100,000 Citizens in 2024

November 23, 2023

The Bank of Korea (BOK) plans to invite 100,000 citizens to participate in a pilot Central Bank Digital Currency (CBDC) scheme in 2024. The participants will be limited to using …

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Former Binance CEO CZ Deemed 'Risk of Flight' by U.S. Prosecutors

November 23, 2023

The U.S. prosecutors are insisting that Changpeng "CZ" Zhao, the erstwhile head of Binance, remains within the country's borders, voicing concerns regarding his potential flight risk.In a recent legal document …

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KyberSwap DEX Suffers $46 Million Exploit, Total Value Locked Plummets

November 23, 2023

The decentralized exchange, KyberSwap, has recently been the victim of a significant exploit leading to a loss of around $46 million in various crypto assets. The hack affected multiple blockchain …

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Bitcoin Growth Anticipated Ahead of 2024 as Dogecoin Gambit Pays Off for Netflix Director

November 23, 2023

There is a strong belief amidst crypto enthusiasts that Bitcoin is on the brink of breakthrough with the year 2024 marking the dawn of a new era. This projection comes …

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Learn Concept: Unveiling the Impacts of Major Crypto Lawsuits and Settlements

November 23, 2023

This article explores how significant lawsuits and big settlement payouts in the crypto industry, such as the Genesis Global Capital's case against Gemini Trust for over $689 million, and Binance's …

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BlackRock and Grayscale Discuss Bitcoin ETF With SEC

November 23, 2023

BlackRock, the world's largest investment management company, met with officials from United States Securities and Exchange Commission (SEC) recently to discuss the prospects of a spot Bitcoin exchange-traded fund (ETF). …

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