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Category: BitCoin

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The EU partnership between Coinbase and Bitpanda is shown

The partnership is part of Coinbase’s push to expand outside of the U.S. On May 25, the Austrian fintech company Bitpanda announced its partnership with the cryptocurrency exchange Coinbase.     Bitpanda and Coinbase will work together Coinbase will be able to provide institutional trading services outside of the United States thanks to the partnership.…
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The CEO of Ripple anticipates a court decision on the SEC case in “weeks”

According to the CEO of Ripple, the US government moved several crypto companies to more friendly jurisdictions because it prioritized politics over sound policy. Speaking at the ReDEFiNe Tomorrow 2023 conference, Ripple (XRP) CEO Brad Garlinghouse predicted that the Court would rule on its case with the U.S. Securities and Exchange Commission “in weeks, not…
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Tornado Cash was sanctioned by the government, according to a lawsuit filed against the US Treasury

Coinbase’s lawsuit claims that by banning Tornado Cash, the Treasury overstepped legal boundaries and violated the First Amendment. In a filing on May 24, six people sought to lift the ban on cryptocurrency mixer Tornado Cash, the platform that enhanced privacy by mixing transactions. In the filing, they presented four major arguments. The filing lends…
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The Axie Infinity (AXS) drops below $7 in price: Can iPhone gamers triumph?

The Axie Infinity (AXS) drops below $7 in price: Can iPhone gamers triumph? In a nutshell the price of AXS has dropped 18% since the price surge on May 17. As awareness of the Apple Appstore listing grows, new users are still flooding into the Axie Infinity ecosystem. Investor losses are approaching critical levels, according…
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Nvidia’s stock price soars on demand for AI chips, and the company’s chief financial officer declares that an “inflection point” has arrived

Briefly after-hours trading saw a 25% increase in Nvidia stock. For the first quarter, the company posted record revenue. New man-made intelligence chips are driving interest. The current flurry of hype surrounding artificial intelligence (AI) is giving the semiconductor giant Nvidia a significant boost. Accordingly, organization stock is soaring. Computerized reasoning related stocks have been…
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Coinbase Ethereum Layer 2 Organization Base Prepares For Send off

Coinbase Ethereum Layer 2 Organization Base Prepares For Send off Simply Coinbase’s Base is still in the testnet stage. Confidence Bedrock overhaul and reviews need finishing. Base intends to locally available one billion clients. The Coinbase layer-2 network, Base, is moving along its plan to launch to the mainnet. As the network gets ready for…
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On-chain Cardano investigation features ‘positive patterns’

Analysis by IntoTheBlock suggested Cardano’s On-Chain Metrics Signal Optimism with Stable Transactions, Rising Volume, and Whale Activity According to the analysis that was carried out by IntoTheBlock, the Cardano network has demonstrated “positive trends” throughout the year 2023 across a number of on-chain metrics. These metrics include the examination of transaction count, transaction volume, and…
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Dash goes down for more than 18 hours

Node operators must upgrade to a new client version en masse to restore activity. The Scramble blockchain has encountered a multi-hour blackout and the organization is currently trusting that hub administrators will redesign their product. Samuel Westrich, CTO of Run Center Gathering, said on May 21 that the organization encountered an issue while initiating v19…
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As South Korean exchanges resume deposits, Kava, Waves surge

Waves founder Aleksandr ‘Sasha’ Ivanov praised the exchanges, adding that “reason has prevailed.” South Korean trade UPbit insisted that the Computerized Resource Trade Affiliation (DAXA) eliminated speculation alerts on WAVES and KAVA and continued stores for these resources, as indicated by a May 23 proclamation. DAXA gave admonitions about WAVES and KAVA last year when stablecoins…
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As cyberattacks and crypto crises weaken its operations, Hotbit shuts down

Hotbit said centralized exchanges have to either embrace regulation or become more decentralized to succeed. The cryptocurrency exchange Hotbit advised its customers to withdraw their assets prior to June 21 and stated that it would cease all operations on May 22 at 04:00 UTC.     Why Hotbit is shuttering operations Hotbit explained in a…
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