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Arbitrum Daily Transaction Count Hits Record High Ahead of Token Airdrop

Arbitrum Daily Transaction Count Hits Record High Ahead of Token Airdrop

Arbitrum is decentralizing by launching its governance token ARB.

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Bitcoin Inches Toward $28K as Traders See $260M in Futures Liquidations

Some remain upbeat about the medium-term outlook for bitcoin and the broader market.

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Avalanche Blockchain’s X and C Networks See Brief Outage

On-chain data shows that transactions sent over X-Chain are lagging, while C-chain has recovered from an earlier outage.

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First Mover Asia: Blockchain-Enabled SIM Card for Crypto Investors Fuels Conflux Growth; Bitcoin Holds Near $27.3K After Fed Decision

ALSO: The SIM card offers the security of a hardware crypto wallet but with more convenience, says Conflux’s chief technology officer in a Q&A with CoinDesk’s Shaurya Malwa.

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FTX Bankruptcy Estate to Claw Back $460M From Modulo Capital

Alameda Research seeded little-known Bahamas-based hedge fund Modulo Capital with $475m in 2022. The recovery includes $404m of cash.

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Binance Curb on Zero-Fee Trading May Cost Market Share, Boost TrueUSD Stablecoin

Binance abolished almost all zero fee trading pairs from its platform after nine months, only keeping the promotion for the TUSD-bitcoin pair.

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Rapid Bank Runs Reveal Deposits Are Now Magic Internet Money, Too

Go to Source Author: Helene Braun, Bradley Keoun

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Senator Elizabeth Warren Calls for Crackdown on ‘Sham’ Crypto Audits

The senator and her colleague Ron Wyden asked the U.S. auditing watchdog to rein in bogus auditing in the digital assets sector.

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SEC investigating Coinbase for its Earn product, wallet service and exchange activity

The Wells Notice relates to aspects of the company’s exchange, its staking service Coinbase Earn and Coinbase Wallet, Coinbase said.

The post SEC investigating Coinbase for its Earn product, wallet service and exchange activity appeared first on The Block.

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SEC Warns Coinbase It’s Pursuing Enforcement Action Over Securities Violations

Crypto exchange Coinbase (COIN) may soon face an enforcement action tied to its listing of potential unregistered securities, the company said Wednesday.

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