Scammers Impersonate US Agency, Claims To Help Affected FTX Users

Last month, the famous crypto exchange, FTX, filed for bankruptcy, leaving several users stranded. The FTX CEO reportedly misused investors' funds. Meanwhile, several scammers have capitalized on the opportunity. They…

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Daily Trading Volume Hit The Lowest In Years As Market Cap Drops Under $800 Billion

The crypto industry has fallen in 2022 and lost more than 2.2 trillion dollars in the last 12 months. On-chain data shows that the daily size of crypto trading had…

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Fidelity Files Trademark To Offer Financial Services In The Metaverse

Fidelity Investments, an investment giant firm, has submitted trademark filings in the US to offer some Web3 products and services in the digital world. Additionally, the filing reveals that Fidelity…

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Alaska Enact New Money Transmission Laws That Affect Digital Currencies

From January 1, 2023, an amendment would be made to regulate money transmission in Alaska, including virtual currencies. Companies whose activities are crypto-related must obtain a money transmission license from…

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Stellar Join Forces with UNHCR to Help Bankless Ukrainian Refugees with Cash Via USDC Stablecoin

As the Russia-Ukraine conflict rages on with no end, the humanitarian disaster has reached a high level, with refugees at the receiving end. Hence, humanitarian help groups have waded in…

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Jewel Bank To launch The First USD-Backed Stablecoin In Bermuda

According to Jewel Bank founder and chairman Chance Barnett, institutions in Bermuda will have access to real-time transactions using the stablecoin pegged to the US dollar. The first stablecoin to…

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Russia’s Sberbank To Permit Users To Issue NFTs Via Its Blockchain Platform

It has become common knowledge that there is a high demand for non-fungible tokens (NFTs) and one of the biggest Russian banks has also noticed this. Therefore, Sberbank has decided…

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Chainlink (LINK): Supply and Everything About Its Recent Update

  The recent market update shows Chainlink's circulating supply increasing to 491,599,970 from 470,099,970. This update triggered some speculations among the crypto community, with some individuals perceiving that as a…

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Why There’s So Much More to Fantom’s (FTM) dApp Market

The booming Web3 industry sees more supporters within the market, backing its move as the next massive thing in the space. Meanwhile, platforms such as Fantom seem to dominate this…

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Avalanche (AVAX): Time to Eventually Stop After a +100% Rally?

Avalanche has been a somewhat up-and-coming project since the previous year. Though 2022 experienced turbulence to support upsides on the charts, Avalanche (AVAX) managed to keep its spot within the…

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What for Investors Amidst Avalanche’s (AVAX) Relentless Bearish Pursuit?

Avalanche bears persisted this week, making AVAX one of the leading losers among the top twenty cryptocurrencies by market capitalization. Its current fall seems headed for May 12 lows retest,…

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