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Unparalleled and unbiased #1 source of news about #Crypto, #Bitcoin, #Ethereum, #NFT and #Blockchain in real-time. Latest updates, analysis and researches. Coingraph Chat Group: @CoingraphChat
JUST IN: OKX receives full license in 🇸🇬 Singapore, hires former MAS official as local CEO.
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RECENTLY: Bitcoin miner Rhodium Enterprises, Inc., which filed for bankruptcy on August 24, has received court approval to secure financing in either US dollars or Bitcoin, an unusual move in Chapter 11 proceedings, per Bloomberg.
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JUST IN: The SEC has cautioned the FTX estate against repaying creditors with stablecoins or digital assets and opposes a provision that could limit the estate's future legal liabilities.
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JUST IN: Microsoft is testing a new Windows feature, "Intelligent Media Search," which transcribes spoken words in audio and video files into text for AI processing.
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JUST IN: Pixelcraft Studios, creator of Aavegotchi, is launching Geist, a members-only Ethereum layer-3 gaming network using Arbitrum and Base tech, to combat "industrial farming" and enhance the experience for real players.
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JUST IN: A viral social media trend involves depositing fake checks into JPMorgan Chase ATMs to withdraw credited funds, but Chase is countering by putting accounts in the negative, warning that the scheme is essentially check fraud.
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ANALYSIS: Major financial firms like Fidelity, Bitwise, Ark, Invesco, and VanEck sold their Bitcoin holdings, but BlackRock bought $200 million worth of BTC this week.
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ANALYSIS: By the end of August, Bitcoin had fallen by 8.6%. In general, the rates had fallen for two out of three summer months, so the holiday season traditionally turned out to be not the most positive for the crypto market.
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RECENTLY: A South Korean man, 40, underwent plastic surgery to evade arrest after defrauding investors of $12 million in a cryptocurrency scheme.
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RECENTLY: A solo miner mined a block worth 3,275 BTC ($199,098).
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JUST IN: CNBC reported 48% of the corporate money raised for the 🇺🇲 presidential election came from the #crypto 💰 industry, worth about $248 million based on a research report by Public Citizen.
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JUST IN: Elon Musk’s StarLink has had its bank accounts frozen in Brazil by a vindictive judge.
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ELON MUSK: 🇺🇸 Government overspending is what causes inflation. America is in the fast lane to bankruptcy.
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ANALYSIS: Over 94% of the total #Bitcoin supply has now been issued.
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JUST IN: The first crypto transaction had been successfully conducted between the two LLM models, which utilized an SDK from Coinbase.
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RECENTLY: Ant Digital announced successful real-asset tokenization pilot for mainland 🇨🇳 Chinese enterprise.
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JUST IN: Telegram reportedly generated over 40% of its 2023 revenue from crypto assets, including its integrated wallet and sales of collectibles, according to The Financial Times.
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JUST IN: Cardano has activated the first phase of the “Chang” update.
The second phase will be activated in 90 days.
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RECENTLY: Elon Musk suggests DOGE might make a comeback as a payment option for Tesla merchandise following a landmark win in court.
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JUST IN: The Supreme Court of British Columbia has ruled in favor of a $1.2 million Bitcoin loan repayment, marking a significant legal precedent for cryptocurrency disputes in 🇨🇦 Canada.
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ANALYSIS: Bitcoin usually pumps after US presidential elections 🇺🇸
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JUST IN: The developers of the PumpDotFun have already earned more than $100 million.
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JUST IN: 🇷🇺 Russia begins using cryptocurrency for international transactions today.
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JUST IN: Turkey says "we would like to become a member of BRICS."
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Justin Sun: SUN token burn will be announced soon and will become more regular. The team is focused on resolving the API issues with revenue data. But without a doubt, 100% of SUN revenue will be used for burning.
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RECENTLY: Vitalik Buterin was again told that he is selling his own ETH
Vitalik responded to the haters:
I have not sold or retained any proceeds since 2018. All sales have gone towards supporting various projects that I find valuable, either within the ETH ecosystem or for broader charitable purposes (e.g. biomedical R&D).
HISTORY: Exactly 1 year ago, a U.S. court ruled the SEC was wrongfully rejecting Bitcoin ETF applications.
Since then, 11 ETFs have bought 776,464 BTC.
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ANALYSIS: According to DeveloperReport, as of July 1, Ethereum has 2,788 full-time developers, with a total of more than 8,865 developers; Base ranks second, with 889 full-time developers, with a total of 3,991; Polygon Solana Arbitrum Scroll ranks third to sixth, with 2,877, 2,856, 2,530, and 2,429 developers respectively.
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JUST IN: 🇺🇸 CNBC reports that the crypto industry has raised almost half of ALL corporate money raised for the 2024 presidential election.
"They're outspending big oil and banks and so far, where the crypto cash is going, wins have followed.”
RECENTLY: OpenAI is in talks for another round of funding, which could value the company at $103 billion.
It's worth noting that Microsoft owns 49% of OpenAI, having invested $13 billion in the company since 2019.
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