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Coinbase Reveals Groundbreaking Fully Backed ‘cbBTC’ Token
Cryptocurrency exchange Coinbase is set to introduce its latest token, “Coinbase Wrapped bitcoin” (cbBTC) today, a novel ERC-20 token pegged 1:1 to bitcoin. This move marks a significant step in enhancing the functionality of bitcoin within decentralized finance (DeFi) by enabling users to leverage their bitcoin assets across ethereum-based decentralized applications (dApps) and Coinbase’s own…
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WazirX Heads to Court Backed by a Fraction: Will Their Tiny Support Base Be Enough?
In the dynamic world of cryptocurrency exchanges, the recent episode involving WazirX has caught the attention of investors and stakeholders alike. Following a significant security breach that saw the loss of a considerable sum of user funds, WazirX crypto exchange, under the management of Zettai Pte Ltd, has proposed a restructuring plan poised to address…
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Why AVAX Price Soared After Grayscale and Franklin Templeton Backed Avalanche
In the rapidly evolving landscape of digital assets and decentralized finance (DeFi), certain platforms are making significant strides that demand the attention of both investors and enthusiasts. Among these, Avalanche (AVAX) has recently experienced a notable surge in value, which has been attributed to a variety of factors, including growing institutional interest and advancements in…
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Shock Win for Arizona Candidate Backed by Crypto PAC After Nail-Biting Recount
In the realm of digital innovation and the continuous search for secure and transparent democratic processes, the recent triumph of a democratic candidate in the Arizona congressional primary, backed by a considerable amount of crypto Super PAC funds, marks a significant milestone. This victory not only underscores the growing influence of digital currencies in political…
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Ora Secures $20M for AI Oracle on Blockchain, Backed by Polychain, HF0, Hashkey
Revolutionizing AI and Blockchain Integration: A Closer Look at Ora Protocol’s Latest Advancements In an era where technology continuously reshapes our world, the integration of artificial intelligence (AI) with blockchain technology has become the next frontier for developers and tech enthusiasts. Among the trailblazers in this domain, Ora Protocol has emerged as a key player…