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In recent years, the cryptocurrency industry has been plagued by security incidents, resulting in substantial financial losses for individuals and organizations. However, CertiK’s latest report paints a slightly more optimistic picture for the year 2023. According to the report, there has been a remarkable decline in cryptocurrency security incidents, with total losses amounting to $1.84
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Since the launch of its native token, ARB, in March 2023, Arbitrum, a prominent Layer-2 (L2) scaling solution, has experienced a remarkable upward trajectory. This surge in value reflects the growing market interest in the protocol and its potential within the decentralized finance (DeFi) ecosystem. One significant milestone for Arbitrum is its recent achievement of
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Bitcoin, the pioneer of cryptocurrency, has long been praised for its decentralized and innovative nature. However, one issue that has plagued the Bitcoin community is the lack of funding and financial incentives for Bitcoin Core developers – the individuals responsible for maintaining and improving the Bitcoin network. Bitcoin has no natural funding source or dedicated
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Solana co-founder Anatoly Yakovenko has expressed optimism about the capabilities of their blockchain technology to handle the increasing demand for decentralized applications (dapps) without the need for layer-2 solutions like those used by Ethereum. In a recent post, Yakovenko highlighted Solana’s design, which incorporates a hybrid consensus mechanism, as the reason behind its scalability without
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TechCrunch reporter Jacquelyn Melinek recently provided an update on the expected timeline for spot Bitcoin exchange-traded fund (ETF) approvals. In her previous statement, Melinek hinted at potential approval but did not explicitly state it. However, in a new message on X, she postponed the expected date and mentioned that approvals could now be next week.
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In January of 2023, CoffeeZilla, a popular YouTuber, unveiled a three-part series shedding light on the controversial CryptoZoo project spearheaded by Logan Paul. The venture required participants to purchase egg NFTs with the promise of an immersive gaming experience. However, the social media accounts affiliated with the platform mysteriously ceased activity, and Paul himself seemed
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In the era of big data, artificial intelligence (AI) is revolutionizing various industries, and finance is no exception. The power of AI algorithms enables the extraction of valuable insights from vast volumes of market information. Finance, a domain traditionally reserved for elite firms, is now experiencing a paradigm shift. AI is democratizing access to robust
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