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The recent announcement regarding Backpack’s opening of the withdrawal window for former FTX EU customers brings mixed feelings. On one hand, it represents a glimmer of hope for those entangled in the chaotic aftermath of the FTX collapse. Yet, it cannot escape the palpable shadow cast by FTX’s infamous collapse, where trust was shattered, leaving
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In a move that has both shocked and intrigued the NFT community, Frank DeGods, the controversial figure behind the prominent NFT collection DeGods, has stepped down as CEO. This announcement was made via X, revealing a shift in leadership to the pseudonymous co-founders, @0x_chill and @pastagotsauce. Frank’s declaration that “my chapter is closing, but the
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In what can only be described as a seismic shift, Bitcoin has surged past the remarkable threshold of $106,000—an extraordinary feat not witnessed in the last four months. This impressive rally comes on the heels of the US and China lifting substantial tariffs, suggesting that global trade tensions may be easing. While some may attribute
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The intertwining of politics and personal profit is nothing new in the United States; however, the latest developments surrounding former President Donald Trump’s ventures in the cryptocurrency sector exemplify this troubling phenomenon. With legislation aimed at regulating stablecoins facing nasty roadblocks, discussions are fueled by concerns over ethical implications tied to Trump’s financial interests in
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In an ever-evolving digital landscape, where financial technologies are reshaping how we perceive value, individuals like Semilore Faleti stand out. With his rise in the cryptocurrency writing arena, he brings a refreshing mixture of comprehensive understanding and fervor for the subject. Semilore’s enthusiasm is not simply rooted in superficial trends but deeply embedded in the
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In a recently released analysis, Standard Chartered’s Geoff Kendrick has highlighted a compelling correlation between Binance Coin (BNB) and a basket of prominent cryptocurrencies, notably Bitcoin and Ethereum. This observation is crucial considering that since May 2021, BNB has showcased returns and volatility that mirror those of Bitcoin and Ethereum. This discovery not only underscores
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