SHIB token burn rates are seemingly rising on the Shiba Inu network. The current number of Shiba Inu burn trackers is quite surprising. However, data shows it is due to the degenerative performance of the SHIB burning machine. On-chain data shows that the SHIB burn rate observed a massive 1682.07% increase over the past 24…
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SHIB token burn rates are seemingly rising on the Shiba Inu network. The current number of Shiba Inu burn trackers is quite surprising. However, data shows it is due to the degenerative performance of the SHIB burning machine. On-chain data shows that the SHIB burn rate observed a massive 1682.07% increase over the past 24…
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The lending platform AAVE has been enjoying positive news lately. According to reports, AAVE has passed a governance proposal that would eradicate all bad debt it accumulated when Avraham Eisenberg, orchestrator of the Mango Markets exploit, targeted the platform’s Ethereum V2 liquidity pool back in November 2022. However, the governance token of the platform, AAVE,…
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The lending platform AAVE has been enjoying positive news lately. According to reports, AAVE has passed a governance proposal that would eradicate all bad debt it accumulated when Avraham Eisenberg, orchestrator of the Mango Markets exploit, targeted the platform’s Ethereum V2 liquidity pool back in November 2022. However, the governance token of the platform, AAVE,…
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The Litecoin price has shown considerable recovery ever since it reached its bottom in December 2022. LTC secured almost 50% appreciation in January this year. Currently, however, the altcoin has witnessed a price pullback and is consolidating on its daily chart. Over the last 24 hours, the Litecoin price moved down by 0.3%, which signified…
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The Litecoin price has shown considerable recovery ever since it reached its bottom in December 2022. LTC secured almost 50% appreciation in January this year. Currently, however, the altcoin has witnessed a price pullback and is consolidating on its daily chart. Over the last 24 hours, the Litecoin price moved down by 0.3%, which signified…
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2022 was a disruptive year for crypto, but despite the market and industry turmoil surrounding cryptocurrencies, several forward-thinking countries took steps to embrace digital assets. Whether it is through legal recognition, clearer regulation or the debut of CBDCs, crypto is gradually becoming established as a legitimate financial phenomenon throughout the world. Crypto exchange StormGain explains…
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Fastex raises $23.2 million in a token generation event (TGE) last week. Funds will be used in accelerating development and community growth. Fasttoken (FTN) is the utility token in Fastex’s expansive Web 3 ecosystem. Up-and-coming Web 3 ecosystem, Fastex, announces a successful capital raise of $23.2 million, following the recent completion of its private…
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The U.S. government is set to tighten regulations to mitigate the growing risks associated with the crypto industry. This development comes after increased scrutiny following the collapse of FTX and Terra Luna in 2022. In a press release on January 27, the White House put forward a comprehensive roadmap designed to protect investors and hold…
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Federal prosecutors of the Southern District of New York overseeing the current case against Sam Bankman-Fried, the disgraced founder and former CEO of FTX, want the court to impose tighter bail conditions on the defendant. SBF Using Signal Based on their investigations, they discovered that Sam Bankman-Fried, also known as SBF, had messaged the general counsel of…
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