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Web3 Gaming Sees a Mere $23 Million Investment in July: Why It’s a Shockingly Low Figure
In the rapidly evolving digital world, two sectors have consistently spearheaded innovation and transformation: blockchain gaming and the metaverse. The July 2024 DappRadar report, in collaboration with the Blockchain Game Alliance, sheds light on the significant shifts, growth patterns, and investment landscapes within these vibrant industries. This article delves into the report’s findings, highlighting the…
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Justin Sun Shockingly Removes $726M BTC Collateral from USDD Stablecoin
Justin Sun Removes bitcoin Collateral from USDD Stablecoin, Increasing TRX Backing The recent decision to remove 12,000 bitcoin, totaling around $726 million, from the USDD stablecoin’s collateral has sparked discussions within the cryptocurrency community. The move, which shifts the stablecoin’s backing primarily to TRX, the native token of the Tron blockchain, has raised concerns among…
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VanEck and 21Shares Shockingly Dropped Solana ETF Filings
The VanEck and 21Shares Solana ETF Filings Disappear from CBOE Website VanEck and 21Shares 19b-4 filings for Solana ETF have been removed from the CBOE website, leading to speculation about whether the application for these products has been withdrawn. Despite the removal of the filings, Matthew Sigel, the head of digital assets research at VanEck,…
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EzBtc Scandal: $9.5 Million in User Funds Gambled Away Shockingly!
In a striking narrative unwinding within the cryptocurrency domain, the Canadian crypto trading platform, ezBtc, alongside its founder, has been implicated in a significant defraudment, amounting to approximately $9.5 million USD (13 million Canadian dollars). This disclosure emanates from an exhaustive investigation led by the British Columbia Securities Commission (BCSC), unraveling a case of alleged…