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Category: Cryptocurrency

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Stabbing in San Francisco results in the death of Cash App creator

Bob Lee, the creator of Cash App and the former A stabbing occurred in San Francisco in the early hours of Tuesday, April 4 local time, killing Bob Lee, the former chief technology officer of Square and creator of Cash App. Abra’s CEO, Bill Barhydt, tweeted on April 5 that Bob Lee “was killed in…
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An OpenSea user offers free NFT in exchange for 100 ETH

Key Points: An NFT is purchased by a trader at a price of 100 ETH, 250,000% above the floor price of 0.04 ETH. The token was sold on Blur, an NFT marketplace, and was a part of OpenSea’s Gemesis NFT collection. Professional users can take advantage of OpenSea Pro’s advanced features, and wash trading is…
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Will You Join the Fight Against the Tornado Cash Ban?

Key Points: The US Depository faces a lawful test to upset the ruling against Twister Money. Plaintiffs contend that OFAC broke the Free Speech clause and exceeded its authority under the IEEPA. It is considered a violation of the First Amendment to prohibit open-source code. The legal challenge against the United States Treasury over its…
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Most recent Adaptation 10.28 MetaMask Module Wallet Will Support NFT View

Latest Version 10.28 MetaMask Plug-in Wallet Will Support NFT View   Key Points: MetaMask, the most widely used cryptocurrency wallet, announced that the features for NFT were expanded in the new version 10.28. The plan to allow users to deposit ERC-1155 tokens in the extension has the support of the community buzzing. This update evens…
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Tether denies transferring US customers’ funds to the Bahamas through Signature Bank

Key Points: Although Tether does not have direct access to the banking system in the United States, a number of recent findings indicate that Signature banking has been utilized to circumvent the law. The world’s biggest stablecoin guarantor utilized Mark Bank to move U.S. dollars from the U.S. to the Bahamas. Nevertheless, Paolo Ardoino, Tether’s…
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OpenSea’s OpenSea Pro is now available for free to combat blur

Key Points: OpenSea has launched OpenSea Pro in opposition to Blur, a new competitor. OpenSea Pro is an improved and renamed version of Gem V2, the most recent version of the NFT marketplace aggregator. Under the same brand name, the platform is still marketed separately from the conventional marketplace. OpenSea, the leading marketplace for non-fungible…
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Over $450,000 in stolen funds are returned by an Allbridge Exploiter

Key Points: A vulnerability led to the theft of approximately $570,000 in cryptocurrency from Allbridge; however, the exploiter was re-acquired after accepting a white hat prize offered by the project. Last Sunday, an exploiter used flash loans to manipulate the price of the BNB Chain’s liquidity pool and steal funds. Through the creation of a…
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In order to deploy V3 to StarkNet, Aave started a vote to check temperatures

Key Points: To install Aave V3 on StarkNet, Aave has initiated a Temp Check vote. The proposal proposes that Aave and StarkNet would combine in two stages. The first step is to construct a cross-chain bridge for aTokens between StarkNet and Ethereum. The overwhelming majority of the community had already given their approval for Phase…
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Binance US Branch Offers Rise 24% In spite of CFTC Focusing on The Trade

Key Points: Binance’s spot piece of the pie falls in the primary quarter of 2023, while Binance US becomes by over 24%. Additionally, it is claimed that the exchange’s decision to end its zero-fee trading program contributed to the loss. According to a recent estimate, Binance lost 16% of its market dominance in the first…
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Countries in the BRICS are creating a new currency to compete with the US dollar

Central issues: The countries of the BRICS are looking into creating a new currency that could revolutionize the global financial system and replace the US dollar. The currency could be backed by a variety of things, like gold and soil or rare earth elements.   BRICS countries, which are composed of Brazil, Russia, India, China,…
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