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Polimec Web3 Funding Platform Launches and TikTok Decentralization Efforts Link to Polkadot
May 20, 2024
Polimec, a decentralized and community-driven funding parachain, has officially launched on Polkadot. This platform evaluates Web3 projects for potential fundraising, aiming to bring transparency, accessibility, and regulatory compliance to the …
Read moreFormer Pump.fun Employee Arrested Following $1.9 Million Crypto Exploit
May 20, 2024
Jarret Dunn, a former employee of Solana-based memecoin launchpad Pump.fun, is currently on bail in the United Kingdom following his recent arrest.Dunn, also known by his online alias “STACCoverflow,” admitted …
Read moreBitcoin Gains Amid Favorable CPI and ETF Inflows
May 20, 2024
Bitcoin (BTC) saw a significant boost driven by spot buying and notable inflows into Bitcoin ETFs in the US. The State of Wisconsin made headlines by purchasing $170 million worth …
Read moreGenesis Agrees to Multi-Billion Dollar Settlement in Bankruptcy Plan
May 20, 2024
Bankrupt crypto lender Genesis has reached a significant agreement to settle a $2 billion payment aimed at partially reimbursing users of its defunct lending division. This substantial settlement forms part …
Read moreGrayscale CEO Michael Sonnenshein Steps Down
May 20, 2024
Grayscale announced that CEO Michael Sonnenshein is stepping down and will be replaced by Peter Mintzberg, who is currently head of strategy for asset and wealth manager at Goldman Sachs. …
Read moreCraig Wright's Claims of Being Satoshi Nakamoto Dismissed in UK Court
May 20, 2024
The full written judgment in the case of Dr. Craig Wright vs. COPA was released on May 20, offering a comprehensive refutation of Dr. Wright's assertions that he is Satoshi …
Read moreFantom’s Remarkable Performance: Key Factors Behind the Surge
May 19, 2024
Fantom (FTM) has been drawing impressive attention over the past week, posting significant gains and demonstrating a surge in its total value locked (TVL). The cryptocurrency has seen a 13% …
Read morePump.fun Recovers After Massive Exploit But Struggles Remain
May 18, 2024
Solana-based platform Pump.fun recently recovered from a significant $2 million exploit. Despite the breach, which left the crypto community with many questions, some tokens are still in limbo while others …
Read moreSenator Warren Supports SEC's Controversial SAB 121 Bulletin
May 18, 2024
Senator Elizabeth Warren expressed her support for the SEC's Staff Accounting Bulletin (SAB) 121 during a Senate hearing on May 16. The bulletin provides guidance on how companies dealing with …
Read moreBitcoin Hits Highest Price Since Halving Amid Broader Crypto Surge
May 18, 2024
The price of Bitcoin has soared to its highest point since last month's halving, marking an impressive recovery in the cryptocurrency market. The flagship digital asset touched levels not seen …
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