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Decentralized gaming is taking a new turn with the release of Overworld Arena, showcasing the power of blockchain technology to revolutionize the gaming industry. With a focus on accessibility, involvement, and real-world rewards, Xterio has introduced a mini-game that is set to change the way players engage with decentralized gaming platforms. Overworld Arena offers a
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Core Scientific, a leading company in North America’s digital infrastructure industry, has recently announced a strategic partnership with CoreWeave, an AI Hyperscaler, through a series of long-term contracts spanning over 12 years. This partnership signifies a major milestone for Core Scientific as it expands into the AI data center space while continuing to dominate in
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Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently experienced a significant price movement below the 4-hour Simple Moving Average (SMA). This development holds significance for traders and investors alike, as it can provide insights into short-term market sentiment and momentum. Beyond technical analysis, factors such as broader market conditions, investor behavior, and fundamental
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The recent indictment by the US Department of Justice (DoJ) of Bill Guan, the chief financial officer of Epoch Times, has sent shockwaves through the media industry. The accusations are serious – alleging his involvement in an international money laundering scheme worth around $67 million using cryptocurrency. According to the DOJ, from 2020 to May
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Bitcoin, the leading cryptocurrency, has shown significant price volatility in recent days. Despite the continuous inflows into US-based ETFs, the price of Bitcoin plummeted by more than three thousand dollars in just a few hours. This sudden drop has raised questions about the factors influencing Bitcoin’s price movements, particularly in the context of the approval
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Recently, a popular on-chain sleuth brought to light the fraudulent activity involving an early investor in the Solana-based meme coin known as ANDY. The exploit resulted in a whopping $2 million worth of meme coins being drained in several transactions. This malicious actor wasted no time in swapping half of the ill-gotten profits for ETH
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The objections raised by creditors of the bankrupt cryptocurrency exchange FTX highlight significant concerns regarding the proposed reorganization plan. One of the key issues revolves around the failure to address property rights issues and meet the best interest test as required by the Bankruptcy Code. This omission raises questions about the fairness and legality of
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The founder of LookIntoBitcoin, Philip Swift, recently pointed out the importance of global liquidity reaching an all-time high. He emphasized that this could be a crucial factor in driving Bitcoin’s price surge in the current bull run. Swift’s analysis revealed that global liquidity had surpassed $94 trillion, approaching the $100 trillion mark. This significant increase
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